SunPower CEO Sees Growth In Solar Space

Thomas Werner, CEO and president of SunPower Corporation (NASDAQ: SPWR), spoke with Melissa Lee on CNBC's Fast Money about challenges and opportunities for the solar industry and his company.

He thinks that current sell-off is irrational and it is sector based. His company is operating in a $2 trillion market and it has a unique technology and it is growing rapidly. Werner believes that the rationality is going to come back.

SunPower is capable to acquire assets cheap because of the current weakness in the space and it has just bought 1.5 gigawatt pipeline, because the management believes that the cost of solar energy is mainstreaming. Werner believes that this acquisition is going to set the table for a strong growth in the next few years.