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Verizon inks SunPower deal

The wireless carrier will spend nearly $40 mil to build 10.2 megawatts of solar energy systems at 8 of its sites in 5 states. Verizon Communications (VZ) said SunPower (SPWR) will design and install the systems, for rooftop and ground-mounted solar-power systems in Calif., Md., Mass., N.J. and N.Y. SunPower plans a 5th factory to boost production capacity by more than 50%. Verizon shares rose 1.1% to 49.15. SunPower rose 0.6% to 37.83.