Featured in The Outback flowers – 10-2016

Second half USA solar slump

U.S. markets: The second half of 2016 is not looking as good as it once did in the U.S. utility-scale market, with the extension of the U.S. federal ITC removing the pressure for off-takers to sign power contracts.

By

Christian Roselund

19 Sep 2016

This August, SunPower dropped a bomb in its quarterly results. Despite posting strong revenue for the quarter, the company slashed its 2016 forecast, predicting a loss, and enacted a restructuring including moving manufacturing and laying off workers, with a shift in product and development activities away from utility-scale to the distributed generation market. Similarly, at …

This article is part of pv+

Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.