"SunPower is taking a step closer to its customers by investing in an electricity retailer like Diamond Energy," said Tom Werner, president and CEO of SunPower. "More customers will see solar as a cost-effective way to meet growing energy demands, especially as the price of conventional grid power increases in Australia. Through this partnership, SunPower and Diamond Energy are poised to deliver affordable, renewable electricity services that cover everything from the generator to the household electricity meter. We look forward to this new venture and expect it to serve as a model for SunPower's continuing evolution into a complete energy solutions provider." "This investment by SunPower supports the growth and strengthens Diamond Energy for the upcoming clean energy revolution," said Diamond Energy managing director Tony Sennitt.