US-headquartered high-efficiency solar module manufacturer SunPower Corp has announced that its long-term Executive Vice President and Chief Financial Officer, Charles D. Boynton would leave the company on July 1 for other career opportunities.
So technically, subject to approvals, California-headquartered SunPower Corp has acquired Hillsboro, Oregon-based PV manufacturer, SolarWorld Americas, yet typically there are many known unknowns regarding the acquisition.
US-headquartered High-efficiency solar module manufacturer SunPower Corp has officially announced that it has acquired Hillsboro, Oregon-based PV manufacturer, SolarWorld Americas. Financial details were not disclosed.
Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology set a new solar industry R&D expenditure record in 2017, not only surpassing the two historical leaders, First Solar and SunPower, but also spending more in one year than any PV manufacturer to date.
The major manufacturing transition by First Solar to its large-area Series 6 CdTe thin-film module format is well underway and, going by recent management commentary in its fourth quarter 2017 conference call with financial analysts, has increased its tempo slightly, not least due to updated spending plans for the second time in a few months.
US-headquartered high-efficiency PV module producer SunPower Corp has announced plans to reduce its workforce by 3%, due to the Section 201 trade case decision by US President Trump to impose new import tariffs of solar cells and modules imported into the country.
First Solar and SunPower have agreed to sell their Joint Venture solar power plant yieldco, 8point3 Energy Partners, to energy investment firm Capital Dynamics, Inc., for US$977 million in equity value and about US$1.7 billion in enterprise value in an all cash transaction.
US-headquartered high-efficiency PV module producer SunPower Corp reported better than guided third quarter financial results but narrowed 2017 full-year guidance and continued net losses for the year and through 2018 highlight the competitive challenges faced by the niche player.
Documents filed by US-headquartered high-efficiency PV cell and module producer SunPower Corp to the US International Trade Commission (ITC) in respect to the ‘Section 201’ trade case show that SunPower wants thin-film modules made by First Solar included in any remedy actions, while pitching for its IBC (Interdigitated back contact) cells and modules to be excluded.
PV Tech reached its own little milestone of having reported and analysed the R&D spending habits of the same 12 key PV module manufacturers for 10 years. The results have just been published in sister technical journal Photovoltaics International as part of the annual leaders and laggards of R&D spending for 2016.
The use of third-party cell and module sourcing has seen a massive uptick in the solar industry, during the past 2-3 years.
The appetite of leading global module suppliers to rely on outsourced cells and modules has been clear to see in the past 12-18 months, but tends to go through almost quarterly tactical adjustments, often driven by factors that are potentially creating risk for long-term downstream asset holders of utility-scale sites.
US-headquartered high-efficiency PV cell and module producer SunPower Corp said it had invested around US$25 million in the last 12-months on a new US R&D and pilot line facility located at its headquarters in San Jose, California.
Despite running at full-capacity, US-headquartered high-efficiency PV module producer SunPower Corp has lowered its full-year revenue guidance as losses mount and margins compress across its utility, commercial and residential markets.