SunPower survived shutdowns to post strong Q2
Supply chain and manufacturing disruptions will lead to shipping decreases in the third quarter, but SunPower’s pre-pandemic measures ensured strong performance, solid demand, and higher installations.
SunPower to launch 625 W shingled module
Group spinoff Maxeon Solar Technologies will produce the new Performance 5 modules with bifacial mono-PERC solar cells, made from large format eight-inch G12 wafers. The panels boast an efficiency of 21.2%.
IBC back-contact solar roof for electric vehicles
Dutch EV start-up Lightyear is already producing prototype roofs to extend the range of its Lightyear One solar car. The roofs will feature interdigitated back contact solar cells made by U.S. company SunPower and backsheets from Dutch multinational DSM.
SunPower sells off its O&M business, gets regulatory approval for Maxeon spinoff
SunPower has had to make fundamental changes to continue to be relevant in a solar industry very different from that of its roots. The company aims to become an energy service provider and is leaving low-cost manufacturing to its Chinese partner.
SunPower accesses $1bn in residential solar and storage loan capital from credit union
The cash injection from Tech CU will fund the installation of ‘tens of thousands’ of the Californian manufacturer’s solar panels on residential rooftops over four years, according to the company.
Covid-19 weekly briefing: A cold wind for APAC renewables, respite for Indian developers and another salary cut for SunPower execs
The coronavirus epidemic continues to batter the global economy, including the solar industry, but falling demand during lockdowns has brought negative energy prices as well as helping drive record solar generation, amid less-polluted skies.
SunPower pauses its solar cell and module factories, reduces salaries and workweek
The solar efficiency leader remains on track to complete its planned split into two independently focused pure-play solar companies by the end of the second quarter.
SunPower reduces management salaries, freezes hiring and withdraws 2020 financial guidance
SunPower CEO: “We remain on track to complete our planned company split into two independently focused pure-play solar companies by the end of the second quarter.”
Another strong quarter for SunPower
An unusually profitable fourth quarter has anchored an even rarer profitable year for SunPower, bolstering growing confidence in its decision to spin off its module manufacturing business into Maxeon Solar Technologies.
California’s solar mandate to deliver more than 1 GW
From pv magazine February edition California’s new residential solar mandate, effective from the first day of 2020, is going to add more than 1 GW of PV over the next five years, according to analysts. The US state already has a nation-leading 26.2 GW cumulative PV installed base. The new solar building code is directed […]
