The company is pivoting to DG solar and expanding its manufacturing as it continues to struggle with profitability.
In this interview with pv magazine SunPower CEO Tom Werner gets into the why and how of his company’s purchase of SolarWorld Americas, and what to expect from SolarWorld’s Oregon factory in the future.
The company also announced its next-generation NGT solar cells have entered the certification process, with planned production to begin in the third quarter next year.
The Arizona-headquartered solar power company wants to strategically align its resources to support its new Series 6 module, and thus seeks sale of its stake in the joint SunPower yieldco. SunPower reaffirms belief that the yieldco can deliver long-term assets and growth.
SunPower reported impressive operational results, but continued losses and warned of impacts over the next few quarters as it copes with intense module price pressures.
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