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SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.
Small-scale specialist will set sights on US and European projects after year of higher profits and revenues, net income losses and relocation from Shanghai to Connecticut.
Mixed reaction greets move by Boris Johnson's government to sidestep renewables even as it pledges investment in EV infrastructure, carbon capture and storage and nuclear fusion.
The UK government has paved the way for utility-scale solar to once again compete in renewables auctions after it completed a dramatic policy U-turn.
PV reps hail 'promising' appointment of Alok Sharma to lead Department for Business, Energy and Industrial Strategy (BEIS), following the sacking of Andrea Leadsom.
Formerly New Delhi-based firm endorses India's efforts towards 175GW-by-2022 renewable capacity target at event marking HQ relocation to UK capital.
The momentum behind subsidy-free, utility-scale solar developments in the UK has continued to gather, with new names and familiar faces alike demonstrating their commitment to the market.
Firm raises further US$118 million through NPIII's second close and is eyeing a 2.5-3GW pipeline, telling PV Tech of plans to complete fundraising by year-end.
A new joint venture between a UK-based asset manager and a Danish renewables investor has been signed to fund a 500MW solar and storage pipeline in the UK.
Export tariffs under the UK’s Smart Export Guarantee (SEG) are ready to go, suppliers have confirmed as the implementation date draws near.
Solar Media's Editor in Chief Liam Stoker reflects on Boris Johnson’s victory and examines what the returning PM will have to do for the climate and energy sectors.
Firm announces maiden grid-scale battery project as it enters segment after taking its renewable portfolio up to 1.9GW mark.
Finlay Colville, head of market research at Solar Media, unveils significant growth in the UK’s utility-scale solar pipeline as the market looks set to return to gigawatt-level demand in 2020.
Three of the UK’s four main political parties have now unveiled their manifestos for next month's General Election, with all paving the way for a significant boost to the deployment of new solar.
NextEnergy Solar Fund (NESF), one of the UK’s largest solar investors, has completed what it claims to be first subsidy-free solar farm connected by a listed investment firm in the country.