US residential solar on the brink of collapse
US residential solar is on a downturn and it may soon get worse. In a shock for the industry, the latest draft of the One Big Beautiful Bill Act excludes residential solar lease providers from the Investment Tax Credit.
SunPower will beat solar policy threats, says CEO
SunPower CEO T.J. Rodgers says the company will survive looming cuts to federal solar incentives by staying lean, sharpening its technology edge, and tapping private capital. He argues that the industry will be stronger without subsidies.
Solar and chip titan back in groove overhauling SunPower
T.J. Rogers, the founder of now-defunct Cypress Semiconductor, is forging global strategic alliances and hunting acquisition targets to restore the SunPower brand to solar-business greatness.
SunPower regains Nasdaq compliance, reports Q1 profit
SunPower has regained Nasdaq compliance and posted its first quarterly profit in four years, but the results remain unaudited. The company had received a deficiency notice for failing to meet listing requirements.
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.
