Thursday, March 11, 2010, 3:19pm PST | Modified: March 11, 2010, 3:19 PM

SunPower gets $1.5M in research grants (San Jose)

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SunPower Corp. said Thursday it was awarded two grants totaling approximately $1.5 million from the California Solar Initiative Research, Development, Deployment and Demonstration program.

San Jose-based SunPower (NASDAQ:SPWRA) (NASDAQ:SPWRB) will participate on two separate projects with solar technologists.

The first project will explore the planning and modeling for high-penetration photovoltaic on the California transmission and distribution network. SunPower will team up with the Sacramento Municipal Utility District on the second project to research the new hardware and software tools for providing bi-directional communication and management between PV systems and utility controls using advanced metering infrastructure.

Read the full post in the Silicon Valley/San Jose Business Journal.