US-based Complete Solaria rebrands as SunPower
Complete Solaria says it acquired SunPower’s assets for $45 million after its bankruptcy, then sold its shingled module patents to Maxeon, which is now owned by China’s TCL Group.
TCL launches TCL SunPower Global unit
The Chinese group announced the new TCL SunPower Global unit will operate mostly in Europe, the Middle East and Africa, selling SunPower-branded solar energy solutions alongside TCL’s own solar products.
Rooftop solar saved California ratepayers $1.5 billion last year
Rooftop solar saved California ratepayers $1.5 billion in 2023, but state regulators argue it imposed an $8.5 billion cost. A new report challenges that claim, citing calculation errors and overlooked benefits.
Longi Green Energy sets world record for solar module efficiency at 25.4%
China’s Longi Green Energy has set a new world record for crystalline silicon solar module efficiency with its independently developed hybrid passivated back contact (HPBC) 2.0 module, achieving a conversion efficiency of 25.4%, according to a certification report from Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE).
End of the line for a U.S. solar giant
SunPower, one of the largest, oldest, and most influential solar businesses in the United States, has closed its doors. Residential solar installers in the United States have struggled as interest rates have risen and cash generation has emerged as an issue.
Maxeon to offer warranty support for bankrupt SunPower
SunPower has shut down its business, but Maxeon says it will provide warranty support for customers with SunPower-branded modules.
SunPower stock crashes 70%
The company’s share price fell below $1 as it announced it is halting some operations and ending its lease and power purchase agreement offerings, among other actions.
Weekend Read: Gray skies over Californian solar
There may be a global solar boom but a drastic revision of California’s net metering program has ruptured the industry overnight and is affecting everyone from installers to financiers to makers of power electronics.
SunPower breaches credit agreement, warns business may go under
SunPower, a publicly traded US solar company, has issued a warning about its business in a new regulatory filing, raising concerns about its ability to remain viable.
Utilities, can you DG it?
Small-scale PV systems drove the installation of more than 200 GW of solar capacity last year and could support more than 300 GW this year. That means a reset for utilities.
