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.
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SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.
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.
‘Solar Module Super League’ (SMSL) member, First Solar has agreed to settle a 2012 class action lawsuit to the tune of US$350 million. The settlement is subject to approval by the United States District Court for the District of Arizona.
During the past few years, the migration from multi to mono, replacing Al-BSF p-type cells with rear passivation layers (PERC), and having the capability of bifacial light absorption, have been the very obvious technology shifts seen within the PV industry.
At the recently held 2019 PV ModuleTech conference, held in Malaysia, PV Tech talked with Frédéric Dross, VP Technology Americas with DSM after his presentation that highlighted PV module materials for performance and reliability.