U.S. national labs evaluate potential for floating solar in Southeast Asia
The labs assessed the technical potential for floating PV and underlined its co-benefits in environmental protection and food security.
Maxeon raises $199.4 million in equity for IBC module manufacturing expansion
The producer of Maxeon and SunPower brand solar modules is raising capital from a $157.4 million underwriting of shares and a separate $42 million private placement with TCL Zhonghuan.
U.S. House unanimously passes forced labor bill for Xinjiang region
The Uyghur Forced Labor Prevention Act would ban all imports from the Chinese region, unless the U.S. government determines the products were not made with forced labor. The region supplies 50% of the world’s polysilicon, an essential material in solar PV.
Another week, another wave of solar PPAs
Unsubsidized solar keeps moving forward in Germany, the US, Egypt, the Philippines, and South Africa.
SunPower pauses its solar cell and module factories, reduces salaries and workweek
The solar efficiency leader remains on track to complete its planned split into two independently focused pure-play solar companies by the end of the second quarter.
SunPower to shift IBC solar production to new technology
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.
SunPower’s exemption filing strikes to heart of trade dispute
The company is noting its substantial investment in U.S. research and development as well as tools, has further hinted that it may establish U.S. manufacturing for its P-Series modules.
Trump opens the door for specific products to be excluded from tariffs
The President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
BREAKING: SunPower to close Philippines factory, lay off a total of 2,500
The company has announced a major restructuring as it attempts to right-size and address the hole in its balance sheet.
SunPower to shed 1,200 jobs as it cuts revenue forecast and expects 2016 loss
Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.
