March 2, 2010 (FinancialWire) — SunPower Corp. (NASDAQ: SPWRA) said that Toshiba Corp. will order 32 megawatts of solar panels from SunPower in 2010 under a strategic supply agreement,.

SunPower said that its panels will form the cornerstone of Toshiba’s new residential solar offering in Japan, which is to be launched on April 1.

California-based SunPower designs and manufactures solar technology for residential, business, government and utility customers. The company has offices in North America, Europe, Australia and Asia.

SunPower said it almost doubled production of its solar cells and panels from 2008 to 2009, with 2009 cell production of around 400 megawatts. In 2010, the company plans to expand production further with new manufacturing operations in Malaysia, the United States and Europe.

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