U.S. Markets closed

SunPower And AT&T To Bring Internet Of Things Technology To Home Energy Solutions

Jayson Derrick

SunPower Corporation (NASDAQ: SPWR) and AT&T Inc. (NYSE: T) announced on Tuesday they have entered into a collaboration that will combine AT&T's Internet of Things (IoT) technology with SunPower's home energy solution, SunPower Equinox.

The SunPower Equinox system delivers 70 percent more energy over 25 years with 70 percent few visible parts compared to conventional solar technology.

Related Link: SunEdison's Troubles Could Spread To Trina And JA Solar, Credit Suisse Warns

As part of the collaboration, AT&T and SunPower will wirelessly connect at least 100,00 solar electric systems in the United States, which will provide customers access to system performance through AT&T's IoT capabilities.

"Our IoT solutions help customers remotely monitor cargo, homes, vehicles, containers and also —solar panels," said Mike Troiano, vice president, Internet of Things, AT&T. "Connectivity is changing how companies operate. We're thrilled SunPower chose us to give them near real-time insights into how their solar energy solutions are performing for their customers and the tools to help manage them remotely."

"Through this IoT collaboration and innovative marketing with AT&T, we are making solar even more mainstream," said Howard Wenger, SunPower president, business units. "The SunPower Equinox system is already a game changer for home solar, offering our customers unbeatable power, long-term performance and curb appeal. Now by incorporating AT&T IoT technology into SunPower's solar energy solutions, we are enabling a future of solar energy management that is reliable, simple, and cost-effective."

See more from Benzinga

© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.