Is SunPower finally breaking out?

US-headquartered high-efficiency solar panel manufacturer SunPower Corp recently held its ‘Capital Markets Day’ event that indicated a slow turnaround in its business fortunes would be a key development in 2019. A key challenge for a company that has undergone several major restructurings in recent years has been the lack of profitability.

Future industrial PV technologies: Champion cell announcements versus industrial reality

PV is increasingly becoming the cheapest energy source and therefore has become the energy source with the highest yearly capacity additions! Even in 2018, after some scepticism right after SNEC 2018, due to the announcement of the Chinese Government to stop supporting PV as intensively as in 2017, more than 100GW (109GW) have been installed worldwide (we actually bet a crate of beer on that!) and 125GW has been forecasted to be installed in 2019.

SunPower closes on US residential lease portfolio sale

US-headquartered high-efficiency PV module producer SunPower Corp has concluded the sale of its US residential lease portfolio with a subsidiary of Hannon Armstrong as the company sells assets to improve its balance sheet.

SunPower to sell more assets to avoid bankruptcy in 2019

US-headquartered high-efficiency PV module producer SunPower Corp is expecting to sell further assets and increase its loans in 2019 to avert bankruptcy due to looming liquidity issues as the company expects to remain loss making next year, while current net losses in the first nine months of 2018 have reached US$745.3 million.