Tag: sunpower
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COVID-19 response: SunPower cuts salaries, expenses to save nearly $50 million
SunPower Corp. just announced a number of moves to manage its business during these COVID-uncertain times. The company believes these actions will position it well for when the solar industry returns to strong growth. (Here’s our most recent roundup of solar-related COVID-19 news tidbits). “During these unprecedented times, our primaryRead More — Solar Builder magazine
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COVID-19 response: SunPower cuts salaries, expenses to save nearly $50 million
SunPower Corp. just announced a number of moves to manage its business during these COVID-uncertain times. The company believes these actions will position it well for when the solar industry returns to strong growth. (Here’s our most recent roundup of solar-related COVID-19 news tidbits). “During these unprecedented times, our primaryRead More — Solar Builder magazine
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SunPower to aggregate residential customers in New England as a virtual power plant
SunPower recently executed on its plan toward becoming an energy services provider when it was selected to deliver close to 11 MWdc of solar power in New England as a result of the region’s 14th Forward Capacity Auction (FCA 14). The auction is held annually to ensure that the sixRead More — Solar Builder magazine
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SunPower earnings show big bump in residential solar in Q4, issues with commercial deal execution
Despite missing its earnings forecast targets and not meeting analyst expectations, SunPower still had a pretty solid 2019. It is still figuring out the mechanics of spinning off its PV manufacturing business late last year, but the company’s full-year 2019 earnings report shows a big bump in its residential solarRead More — Solar Builder magazine
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SunPower names CFO for Maxeon, plans to eliminate 3 percent of its workforce
SunPower is kicking off 2020 with annoucements and filings connected to its split into two independent (but aligned) publicly-traded companies in November last year – SunPower and Maxeon Solar Technologies, the latter being the manufacturer of its solar panels. “SunPower Corp is exiting from the manufacturing business to strengthen its focusRead More — Solar Builder magazine