UPDATE 1-SunPower to split into two publicly listed companies

U.S. solar company SunPower said on Monday it would split into two publicly traded companies, separating its operation that manufactures solar panels from storage and energy services. The spin off comes as America’s biggest solar power developers, including SunPower, have been stockpiling panels to meet the increased demand from a 30% federal tax credit to buyers that will start phasing out next year. SunPower is majority owned by French energy giant Total SA.