SunPower Corp. has signed an agreement with Sunshire, S.r.l., a subsidiary of Api Nova Energia S.r.l., to design and build a 2.2MW solar electric power plant in Tolentino, Italy. The project, which will be financed by regional banks via a leasing agreement, is the first phase of a planned 7.1MW development that is expected to be completed this year. At the site, SunPower will utilize SunPower panels, the most efficient solar panels commercially available, and the proprietary SunPower(R) Tracker technology, which follows the sun during the day and delivers up to 25% more energy than fixed-tilt systems.