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).
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.
SunPower has shut down its business, but Maxeon says it will provide warranty support for customers with SunPower-branded modules.
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.
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, 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.
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.
Private equity firm KKR committed to purchasing loans made to SunPower customers.
The search for ever higher conversion efficiency has driven solar researchers to focus on back-contact cell approaches, and efforts to devise more cost-effective manufacturing are bringing technologies such as interdigitated back contact (IBC) solar into the mainstream, as Mark Hutchins reports.
SunPower says more American people are turning to solar, as US retail energy prices rose 14.3% year over year through August.
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