SunPower to decide fate of commercial-industrial solar business this year
A quarterly update top-loaded with promising business growth in the company’s residential segment revealed commercial and industrial operations supplied an $8 million loss to the three-month figures, with supply chain issues and project timetables blamed.
Maxeon refurbishes Mexican factory to set up 1.8 GW module manufacturing hub for US market
The Singapore-based manufacturer operates two factories in the Baja California state bordering the United States and the entire output of the facility in Mexicali will be shipped exclusively to the US market. Furthermore, the company’s chief revenue officer, Mark Babcock, told pv magazine that a manufacturing facility is also being considered in the US.
SunPower buys US solar system provider for $165 million
The company said it will consider options for its Commercial & Industrial Solutions business including new ownership.
Maxeon secures EU cash to make its ‘stick-on’ solar panels in France
The TotalEnergies-controlled solar manufacturer will secure an, as yet undetermined chunk of a new €118.6 million low-carbon innovation fund to start producing its frameless, glass-free solar roofing products at Porcelette, in northeastern France.
New SunPower chief fronts tough set of quarterly figures
Peter Faricy was not at the helm during the opening quarter of 2021 but his first earnings call saw him explaining a quarter-on-quarter reverse from a $413 million profit to a near $50 million loss.
SunPower builds two brownfield solar projects in the US
The solar energy projects are expected to offset around one-third of the electric demand of Baltimore’s public buildings.
SunPower loan program for US residential solar, storage customers
SunPower claims that the electricity savings could equal the monthly cost of its 25-year loans for residential solar systems.
SunPower posts solid Q4 results as storage drives growth
SunPower’s distributed-generation services platform, as well as storage and digital solutions, will be key to its long-term growth, CEO Tom Werner said in an earnings call this week.
SunPower launches home monitoring app for solar, storage
The SunPower solar monitoring app draws inspiration for its user interface from unlikely non-energy sources such as Spider-Man.
SunPower to close module factory in Oregon in June
The US module maker plans to start shutting down production in Hillsboro in March. Around 170 employees are affected by the closure. At the same time, however, Sunpower is examining other options for continued operation.
