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SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.
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.
Group notes outbreak could see construction contracts postponed but insists it can reach 1GW-by-2020 installed capacity target, amid PV work in Brazil, Portugal, France and others.
Small-scale specialist will set sights on US and European projects after year of higher profits and revenues, net income losses and relocation from Shanghai to Connecticut.
Union of French firms will allow Voltalia to strengthen its offering to third party clients and Greensolver to leverage operational efficiencies and a larger business network.
Isabelle Kocher wishes energy giant ‘good luck’ as she steps down following reports of open conflict with company’s board, who has named interim team as it seeks full-time CEO replacement.
Strong performance from wind, solar and others helped balance other struggles for EDF in a year when EBITDA and operating profit dipped for Big Six player.
Army picks developer Photosol to roll out 547,000 PV panels for project north of Paris, marking new chapter for base Luftwaffe air raids were planned from.
Elisabeth Borne’s assertion that dismantling state-backed energy giant is ‘out of the question’ comes as analysts warn ousting of Isabelle Kocher casts pall on group’s ‘strategic direction’
Official stats show Europe’s fourth largest solar market grew 890MW to cumulative 9.4GW in 2019, less than half of the 18-21GW goal it has set for 2023.
