Maxeon Solar Technologies saw its opening quarter loss widen by 22% year-on-year as materials and logistics costs continue to be a thorn in the side of solar manufacturers.
US distributed solar and storage firm SunPower has joined the ranks of US installers to bounce back from a COVID hit Q2, while raising its guidance for the full year.
A round-up of the latest news from the US, where New Jersey utility PSEG is considering offloading its solar business and Sunrun joins forces with SK E&S for “electrification venture”.
Reshuffle of company assets comes as firm braces for Q2 2020 slowdown as it lines up funding support, with idled factories set for a gradual return to activity.
Four-year partnership with Technology Credit Union set to bring financial reprieve to firm, forced by pandemic to idle solar factories worldwide and enact sweeping cost cuts.
Tokyo-based egg producer ISE Group, French energy company Total and SunPower Corporation, have started construction of a 27MW solar PV plant at Nanao, Ishikawa Prefecture, on Honshu Island in Japan.
