US solar residential player facing layoffs and 2020 uncertainty appoints Tom vonReichbauer as CFO, enlisting individual with past senior roles at Ford, Tesla, Nest and Google.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) set new record revenue, profitability and product shipments levels in 2019, while continuing growth through the challenging first quarter of 2020, due to the COVID-19 pandemic.
Power purchase agreements (PPAs) have been signed between First Solar and two community energy utility groups for energy from a 100MW solar power plant with 50MWh of energy storage in California’s Kern County.
A round-up of recent news from the US market, as a VPPA-backed project in North Carolina secures financing and Kansas’ largest utility-scale solar farm comes onstream.
The slowdown of the global economy in 2020 is ultimately going to impact the guidance and forecasting offered by all PV manufacturers during the first couple of months of the year, prior to the effects of COVID-19.
Firm says green energy ‘mission’ will steer actions at time of COVID-19 uncertainty, as shareholders back US$500m raise to fund US$1.8bn plan to deploy solar and wind in Chile and Colombia.
Order signed by US president grants importers 90-day deferment on the payment of duties, taxes and fees to help with COVID-19 impacts, but does not extend the lifeline to PV components.
US trade reps move once more to scrap reprieve for two-sided modules from Section 201 tariffs, but measure cannot come into force until last year’s court injunction is lifted.
Updated: High-performance PV manufacturer SunPower has idled all of its manufacturing plants located in the US, Mexico, France, Malaysia and the Philippines to restrict the financial and operational impacts of the COVID-19 pandemic.
