People can do their own research on Tenesol which as been in business for 28 years. It has 800 employees in 18 sites. It has two manufacturing plants one in France and Africa. It has shown pretty good growth recently. It is in the same business as Spwr so their are synergies and cost savings to be had. Over all it is a good fit in my opinion but people should do their own research.
Total has also agreed to discuss more investment in SunPower, including the development of the first full-scale commercial concentrator power plant using SunPower technology, and the purchase of 10 megawatts of solar panels. While the solar industry has been doubted by politicians and analysts since Fremont-based manufacturer Solyndra went out of businesses despite $500 million in government loans and more than $1 billion in venture capital, SunPower has managed to survive by selling panels that lead the industry in the efficiency of their cells to convert sunlight into electricity
SunPower brings the world's highest efficiency, highest reliability technology to market with guaranteed performance. Tenesol's well-established channels, manufacturing base and complementary global footprint will help expand SunPower's market reach and accelerate its share gain during market consolidation." Total, the fifth largest oil company in the world, also owns a 20% stake in Massachusetts-based Konarka, which makes organic solar cells, as well as 22% of Amyris, as part of its strategy to diversify into solar and biofuels