sunpower

From the world’s largest project being commissioned to a possible downturn for solar manufacturers in 2024, and including the US Department of Treasure releasing guidance from the Inflation Reduction Act. Here, PV Tech runs down its top 10 stories of the past 12 months.

SunPower has breached a credit agreement, and Enphase Energy has announced layoffs, raising concern over the companies' ability to operate.

US domestic solar company SunPower has lowed its FY2023 guidance due to reduced consumer demand, delayed revenue recognition from longer cycle times, and a net loss of more than US$30 million in the third quarter this year.

Class action lawsuits have been filed against US domestic solar company SunPower, amidst allegations that company misled investors by failing to disclose that it had inaccurately reported the cost of revenue and inventory metrics.

SunPower has released its preliminary financial results for the second quarter of this year, which include a net loss of US$30 million.

US residential and distributed solar provider SunPower has appointed Audrey Zibelman to its Board of Directors.

US residential PV company SunPower has secured a US$550 million loan from global investment firm KKR to finance its customer loans model.

After this transaction, SunPower can provide customers with loan options at tenors of up to 25 years through SunPower Financial.

Solar module supplier Maxeon Solar Technologies has appointed Matt Dawson as chief technology officer.

Residential solar installer SunPower has invested in its California sales and marketing division to ensure that as many customers can apply for favourable net energy metering (NEM) 2.0 rates.