sunpower corporation

May 11, 2020
SunPower expects ‘material impact’ on manufacturing operations in Q2 while Vivint predicts roll-out to tank this quarter, bringing a temporary setback to both firms after relatively stable Q1.
May 6, 2020
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.
April 23, 2020
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.
April 20, 2020
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.
April 2, 2020
ROTH Capital and Wood Mackenzie analysts have updated their outlooks on COVID-19's potential impacts on the US residential and utility-scale solar markets, respectively.
March 26, 2020
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SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.
February 13, 2020
With the spin-off of most of its solar cell and PV module manufacturing operations to new entity Maxeon Solar Technologies (MXT) expected in Q2 2019, SunPower shed new light on the planned capacity expansions of the new offspring in its fourth quarter earnings call.
February 13, 2020
Firm forecasts fiscal year 2020 GAAP net losses of US$145-195m despite its return to profitability in a year of record roll-out but also ‘disappointing’ execution challenges.
November 11, 2019
The US-headquartered high-efficiency solar panel maker is to spin off most of its manufacturing operations into a separate public listed entity, Maxeon Solar, which will include monocrystalline silicon wafer producer, Tianjin Zhonghuan Semiconductor (TZS) as an investor.
November 8, 2019
US solar industry trade body, SEIA has successfully won a temporary restraining order (TRO) on the withdrawal of the Section 201 import tariffs exemption to the importation on bifacial solar modules.

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