SunPower’s Richard Swanson acknowledged for development of high-efficiency solar cells

Facebook
Twitter
LinkedIn
Reddit
Email

The Economist’s Energy and Environment Innovation Award this year will go to Richard Swanson, president and CTO of SunPower Corp. The award will be given to him in recognition for his contribution to the development of the high-efficiency solar cells. His past honors include the Becquerel Prize for Outstanding Merits in Photovoltaics in 2006 and the William R. Cherry Award by the IEEE for outstanding contributions to the PV Field in 2002.

“When SunPower was founded almost a quarter century ago, solar was little more than a concept,” said Swanson. “Today, it is within reach of becoming mainstream throughout much of the world, and it is highly gratifying to be a part of this energy revolution. SunPower has contributed to the phenomenal growth of solar, and I have been fortunate to work with extraordinary engineers to deliver, what is today, the planet’s most powerful solar technology. It is my extreme privilege to be recognized by The Economist and this innovation award.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Swanson received his bachelors and masters degrees in electrical engineering from Ohio State University. He went on to earn a PhD from Stanford University, where he also received a post-doctoral fellowship to study techniques for solar-electric power generation. He eventually joined the faculty at Stanford as an assistant professor of electrical engineering and obtained funding from the US government’s Electric Power Research Institute to investigate thermophotovoltaic energy conversion for solar applications.

In 1991, Swanson left Stanford to devote his attention to SunPower, a company he had founded in 1985, to develop and commercialize cost-effective and high-efficiency photovoltaic power systems.

Read Next

Premium
August 18, 2026
India’s PM-SSY targets 5GW of floating solar and storage, but execution and financing remain key challenges, says expert.
August 18, 2026
Risen Energy has signed an MoU with Ascania Energy to deploy 100MW of solar PV capacity and 200MWh of utility-scale batteries in Ukraine.
August 18, 2026
Indian solar PV manufacturer Agastya Energy has started construction of its integrated ingot and wafer manufacturing facility in the state of Andhra Pradesh, India.
August 18, 2026
Tax credit transfer value in the US rose between the second half of 2025 and the first half of 2026, according to Crux.
August 18, 2026
Residential solar and energy storage provider Sunrun has signed an agreement with distributed energy resource platform Voltus to support its Bring Your Own Capacity (BYOC) programmes for AI hyperscalers.
August 18, 2026
Windlab & Squadron Energy have referred a 500MW solar-plus-storage site to Australia's federal government for assessment under the EPBC Act.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye