SunPower continues to bleed red ink
Due largely to write downs, the high-efficiency PV maker lost a whopping $750 million during Q4 2017, as it sells off assets.
Chile’s PV capacity surpasses 2 GW
Although official statistics report that grid-connected PV capacity reached 1.82 GW as of the end of December 2017, the completion of two large-scale projects totaling 215 MW in early January has raised Chile’s total installed power to around 2.04 GW.
Total invests in semiconductor, PV research
The parent company of SunPower and the French National Research Agency have launched a new initiative aimed at developing new plasma processing methods for semiconductors and solar PV.
Actis acquires SunPower’s 100 MW project in Chile
Through this operation, the U.K. investor, which already owns a 40% interest in the Javiera solar plant located in the Antofagasta region, consolidates its position in the Chilean solar market.
Trump opens the door for specific products, nations to be excluded from tariffs
The U.S. President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of South Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
Total completes solar plant at its biorefinery in France
The 8 MW facility is relying on solar modules from the group’s unit, SunPower.
SunPower commissions 100 MW solar park in Chile
The facility, which is located in the region of Coquimbo, will sell power to the Metro of the country’s capital city, Santiago under a long-term PPA.
SunPower vows “sustainable profitability” by second half of 2018
The company also announced its next-generation NGT solar cells have entered the certification process, with planned production to begin in the third quarter of next year.
Kaua’i to get its biggest solar and storage system to date
The island which has been called a ‘postcard from the future’ for its high levels of solar and energy storage is getting ready for 28 MW more solar and 20 MW of batteries.
SunPower wins 291 MW PV deal in second round of French tender
The U.S. solar firm, a subsidiary of French energy giant Total, will supply its high-efficiency solar panels to projects awarded in the second round of CRE tender process in France.
