The deal gives SunPower $25 million in cash and 7.5 million shares in Enphase. Enphase also gains access to SunPower microinverter IP, and rights to SunPower’s Equinox AC modules line.
The company has declined to reveal further information about the facility.
DNV GL reveals how important it is that solar power project developers consider the full solar module bill of materials when choosing a product.
Elon Musk says he’s secured funding at $420 per share to take Tesla private. His letter to employees points toward short sellers and propaganda peddlers causing stock price volatility.
ASU researchers have determined that a 32% efficient perovskite-silicon tandem cell could produce electricity at the same price as cutting-edge 22% efficient panels in the most cost-competitive of situations.
In the first two quarters of 2018 Tesla deployed 40% more energy storage than all of 2017, with 300-400% growth expected for 2019. Solar power deployments grew 11% to 84 MW over a low Q1 value.
The PV maker plans to shift its 800 MW of current E-Series production to its new NGT technology, as it records a massive loss on depreciation of its old equipment.
The thin film PV maker reports difficulties in ramping its new Series 6 product, as well as pressure from module price collapses.
The Canadian PV maker is planning to reopen its factory in Northern Minnesota in August, and another factory in Oregon later this year.
RGS Energy, manufacturer of the Powerhouse 3.0 solar shingle system, has passed UL tests for Class A Fire. Additionally, since June 28, 2018, Powerhouse has received an additional $24 million in ‘written reservations.’
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