SunPower guides another year of massive losses

US-headquartered high-efficiency PV module producer SunPower Corp may have exceeded the high-end of module deployments guidance by 5MW in the second quarter of 2018, while easily beating revenue projections, but had not warned the market in advance of a massive US$447.1 million quarterly loss and full-year losses that could exceed the net GAAP loss of US$851 million posted in 2017.

SunPower buys SolarWorld Americas: the known unknowns

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.

SunPower buys SolarWorld Americas

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.

LONGi sets solar industry record for R&D spending

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.

First Solar ramping Series 6 capex as R&D spending declines

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.

SunPower to reduce workforce by 3% in new restructuring round

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 agree sale of yieldco

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.