SunPower Buying Tariff-Loving Rival That Hurt Its Sales
SunPower Corp.’s new strategy: If you can’t beat them in the tariff game, buy them. The panel maker, which spent more than a year fighting U.S. import tariffs, announced Wednesday it was buying a rival that was instrumental in pushing for them. The purchase of SolarWorld Americas for an undisclosed sum includes an Oregon factory that will help SunPower avoid the duties.