Having already guided expected GAAP net losses of US$145-195 million for 2020, high-performance PV manufacturer, SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.
CEO Elon Musk claims the PV panel production line it closed Monday in New York will reopen ‘as soon as humanly possible’ to help make devices critical to saving those afflicted by virus.
‘Solar Module Super League (SMSL) member, Canadian Solar plans to increase module assembly capacity by 3GW in 2020, giving the company a total nameplate capacity of 16GW, while shipments were guided between a range of 10GW to 12GW for the year.
‘Solar Module Super League’ (SMSL) member concludes facilities in Ohio and Malaysia are exempt so far from government restrictions, while Vietnam factory remains 'not affected'.
Firm behind major solar projects in Europe, the US and others tells PV Tech it fears work restrictions at regulatory bodies could further worsen already ‘unspeakable’ delays.
Germany-based LPKF Laser & Electronics AG has told PV Tech that its manufacturing plants in Germany are able to operate at normal capacity levels, despite the continued impact of COVID-19.
Italian utility Enel has been forced to close the solar manufacturing operations of subsidiary 3SUN after Italian government directives on 22 March 2020 ordered closure of all non-essential production facilities nationwide.
Jinko Solar CTO Hao Jin speaks to PV Tech’s Carrie Xiao about the manufacturer’s ongoing commitment to R&D, the need for new capacity expansions and how solar’s technology envelope continues to evolve.
Major semiconductor and specialist solar equipment manufacturer withdraws its business outlook for its FYQ2 as pandemic hits supply chain and manufacturing operations.
The Solar Energy Industries Association (SEIA) has warned that support is needed for approximately 250,000 people that directly work in the US solar industry as COVID-19 could impact as much as 50% of the sector.
