sunpower

With SunPower shifting its focus to the US residential sector, there are genuine questions to be asked about the company’s prospects.

SunPower is looking for a new permanent CEO and has established an "office of the chairman" led by executive chairman of the board Tom Werner.

US residential solar provider SunPower has secured over US$300 million in project financing commitments for its residential solar and storage lease programmes.

SunPower has posted a lowered customer growth for four quarters in a row and a net loss of US$247 million for FY2023.

VNEM incentivises builders to adopt rooftop solar and share the benefits – both financial and environmental – back to renters.

From the world’s largest project being commissioned to a possible downturn for solar manufacturers in 2024, and including the US Department of Treasure releasing guidance from the Inflation Reduction Act. Here, PV Tech runs down its top 10 stories of the past 12 months.

SunPower has breached a credit agreement, and Enphase Energy has announced layoffs, raising concern over the companies' ability to operate.

US domestic solar company SunPower has lowed its FY2023 guidance due to reduced consumer demand, delayed revenue recognition from longer cycle times, and a net loss of more than US$30 million in the third quarter this year.

Class action lawsuits have been filed against US domestic solar company SunPower, amidst allegations that company misled investors by failing to disclose that it had inaccurately reported the cost of revenue and inventory metrics.

SunPower has released its preliminary financial results for the second quarter of this year, which include a net loss of US$30 million.