SunPower to lay off 150-250 workers, blames Section 201
The company’s latest restructuring will involve losing roughly 3% of its global workforce, all in “non-manufacuring” positions.
First Solar sold out well into 2020
The thin film PV maker expects its new Series 6 PV module to begin mass production in Ohio in Q2 – with 1 GW expected to be manufactured globally in 2018. The company also increased its 2018 guidance.
Installers more confident in the solar industry than ever, survey says
In a survey conducted by EnergySage in conjunction with NABCEP, 30% of installers also say interest in solar+storage has increased among their customers.
Blockchain company raises $40 million to further develop energy trading platform
WePower is raising money in hopes of leveraging Bitcoin’s ‘blockchain’ technology to enable instant tracking and trading of clean electricity.
PetersenDean partners with LG, SolarEdge for solar plus storage
The residential installer will offer LG Chem’s RESU battery packs and SolarEdge’s StorEdge inverter, power optimizer and monitoring solution as part of its residential solar plus storage offering.
Solar to lead global renewables growth for next five years — KPMG
Solar is set to grow more in terms of capacity than any other clean-energy technology over the next half decade, according to a new report. Battery storage will play a crucial role in this as well.
Michigan utility will phase out coal by 2040, CEO says
Consumers Energy says it wants to reduce its carbon emissions by 80% on the same time frame as it completely phases out coal and replacing it with renewable sources like wind and solar.
Data reveals top 3 traits consumers want in a solar installer
According to SolarReviews.com’s examination of more than 2,800 actual customer reviews, smaller, family-owned companies with deep roots in communities receive the most positive reviews from the people they serve.
SunPower continues to bleed red ink
Due largely to write-downs the high-efficiency PV maker lost a whopping $750 million during Q4 2017, as it sells off assets.
Guggenheim: Sale of CAFD, NYLD cast doubt on the yieldco space
A research note by Guggenheim Securities says that the recents sales of NRG Yield and 8point3 Energy Partners show how difficult it has been for investors to accurately value yieldcos, and undermines confidence.
