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.
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.
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.
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.
SunPower has appointed a new chief financial officer to the leadership team of its planned manufacturing spin-off, Maxeon Solar Technologies.
US solar firm SunPower is to cut up to 160 jobs as part of a restructuring plan following the spin off of its manufacturing operations.
New York City's self-styled largest single-site solar project will reduce power costs for both airport and local community.
Developer's plan to ensure projects can tap into 30% ITC rate before it tapers follows similar move by installer SunPower, which bought 200MW of panels this week.
Contra Costa Country is aiming to save US$16.5 million over a period of 25 years through the new EV infrastructure.
The fund can deploy a total of US$2 billion in funding, according to the company. It will be spearheaded by Actis' head of infrastructure Glen Matsumoto.
SunPower has installed 2.6MW of PV projects at eight Whole Foods Market locations across both California and Nevada, with one site combining with an integrated storage system.
SunPower-equipped plant in Iwate marks commercial launch two years after 27MW predecessor was linked in Ishikawa.
Firm’s deal to divest US leased assets for US$86.9m comes amid efforts to slim down its structure and reverse years of net losses.
Firm hits 140MW PV capacity mark in the country by acquiring two SunPower-equipped plants through purchase of Andromeda PV's owner.
Total employment in the US solar sector declined by 8,000 in 2018, according to the latest Solar Jobs Census.