SunPower & Maxeon Solar Technologies Close Spin-Off Transaction
TZS Strategic Investment in Maxeon at Greater Than $1 Billion Valuation Repositions SunPower as U.S. Downstream Pure-Play Solar Company
Tom Werner
SunPower CEO: Solar Industry Presented With Unique Mix Of Opportunities & Challenges
The CEO of SunPower, Tom Werner, recently penned an interesting piece commenting on the opportunities and challenges that are currently facing the solar energy industry. As the solar energy industry is currently “in the midst of an unprecedented period of transformation” — mostly owing to falling costs (down ~82% in … [continued]
SunPower Launches New Solar Panel Product Line
Originally published on Solar Love. Following in the wake of a respectable Q3 financial earnings report, US solar manufacturer SunPower has revealed a new line of solar panels and low-key financial guidance for 2016. SunPower announced its third quarter earnings late-October, revealing the continuing efforts of its new business focus, … [continued]
SunPower Acquires 1.5 GW Solar Assets
SunPower has announced the acquisition of 1.5 GW of US solar power plant development assets from Australia-based company Infigen Energy. The acquisition was announced on SunPower’s website on Monday, and confirmed that SunPower would assume ownership of projects in a variety of stages of development across 11 US states. Included … [continued]
SunPower Signs Exclusivity Agreement With EnerNOC
Originally published on Solar Love. Two solar concerns, SunPower and EnerNOC, have announced a 3-year agreement to exclusively offer each other’s respective products to their customer portfolios. The energy intelligence software products being offered might provide customers with tools to better manage electricity supply and demand. Boston-based EnerNOC, a producer of energy … [continued]
SunPower Hits Significant Loss In Advance Of Yieldco Plans
The second largest US solar manufacturer, SunPower, published its Q1’2015 earnings on April 30, and as expected, revenue was significantly down in preparation of the company’s joint yieldco partnership with First Solar, which also suffered significant losses. Revenue for the first quarter came in at only $440.9 million, a 36% … [continued]
SunPower CEO Claims China To Be Company’s “Fastest-Growing Region”
The CEO of American solar PV manufacturer SunPower has claimed that China will be the company’s “fastest-growing region in the next five years” thanks at least in part to a partnership with Apple. Speaking to Bloomberg Radio on Friday, SunPower’s CEO Tom Werner commented on his company’s recent agreement to … [continued]
SunPower’s 579 MW Solar Power Plant (“Largest In The World”) Mostly Done, 6 Months Ahead…
Originally published on Solar Love. One of the top solar energy companies in the world, SunPower, is close to completing what will be the “world’s largest solar power plant” in Southern California, according to recent reports. The 579 megawatt (MW) Solar Star project is now mostly online, and is on … [continued]
SunPower: Solar Energy To Be $5 Trillion Industry Within 20 Years
The leadership of one of the largest solar PV manufacturers in the world, SunPower, is banking on the rather blunt predication that the solar energy industry will become a $5 trillion dollar industry within only 20 years, according to recent statements. The company’s head, Tom Werner, made the prediction at … [continued]
Q3 Earnings: SunPower Reaps Strong Third Quarter
SunPower Corp, the second largest US-based solar panel manufacturer, announced its third quarter earnings Wednesday, reporting strong growth over previous quarters, beating analyst estimates and amassing an 8 GW pipeline. The company reported a net income of $32 million, up from $14.1 million a quarter earlier but significantly down on … [continued]
