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SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.
‘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'.
Government orders state, local and police reps to ensure staff are allowed to work at offices and access installations, the latest green energy reprieve by a country facing steep 2022 targets.
Firm believes long-term renewable growth is assured but trims €400m EBITDA guidance for next year, amid talk of pandemic disrupting construction timetables.
Attempts have failed to include an extension of the solar Investment Tax Credit in a significant stimulus package adopted in the US to shelter the economy against the ongoing COVID-19 crisis.
Spanish and Australian associations highlight renewables' key role in powering society as COVID-19 lockdowns tighten, with pooling resources and reducing worker travel on the agenda.
List of public interest workers includes those providing services that are “necessary to maintaining the safety, sanitation and essential operation of residences”.
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.
Industry reps persuade France to split rather than fully postpone major solar auction in July while Germany acts to freeze deadlines for bidding green energy projects.
