Semi CFO Makes Switch To Solar
Elizabeth Eby Joining US Residential Solar Power Company SunPower As Chief Financial Officer
Tuesday, 16 May 2023
SunPower Corporation is building a new senior leadership team as the company has found a new Chief Financial Officer (CFO) Elizabeth ‘Beth’ Eby to join the company from May 30, 2023.
SunPower’s -$51 Million Net Loss In Q1/2023
SunPower Grew Customer Count In Q1 By 27% & GAAP Revenues By 26% On Annual Basis
Wednesday, 03 May 2023
SunPower exited Q1/2023 with a 27% annual growth in customer count with the addition of 21,000 new ones, but reported GAAP net loss of -$50.7 million for the quarter.
SunPower Appoints New Chief Operating Officer
Ex-Amazon & General Electric Senior Executive Jennifer Johnston To Join SunPower As EVP & COO
Wednesday, 03 May 2023
US residential solar power company SunPower Corporation has announced the appointment of Jennifer Johnston as the company’s new executive vice president (EVP) and chief operating officer (COO).
Maxeon Solar’ New Chief Technology Officer
SunPower Spin-Off Gets Ex-SunPower Senior Executive Matt Dawson To Lead As Company’s New Chief Technology Officer
Friday, 17 Mar 2023
Singapore headquartered solar module manufacturer Maxeon Solar Technologies has announced Matt Dawson as the company’s new chief technology officer (CTO) to lead the company’s technology strategic roadmap and lead its innovation and development efforts.
SunPower Grew Customer Base & Net Income In 2022
SunPower Leans Towards Multifamily Segment & Markets Beyond California To Offset Anticipated Slowdown In New Homes; Strikes Deals With Maxeon & Hanwha Qcells
Friday, 17 Feb 2023
US residential solar installer SunPower Corporation reported a healthy 2022 with 53% annual growth in GAAP revenues and growing its net income manifold to $102.4 million, up from $6.1 million, while also striking module supply deals with Maxeon Solar.
SunPower & Maxeon Solar Extend Supply Agreement
Maxeon To Continue IBC Solar Module Supply To SunPower Through 2025 & Expand Presence In US Residential Market
Friday, 06 Jan 2023
US residential solar power company SunPower Corporation has extended its solar module supply agreement with its manufacturing spin-off Maxeon Solar Technologies for high efficiency interdigitated back contact (IBC) solar panels through 2025 to secure.
SunPower Corporation Turns Profitable In Q3/2022
With Customer Count & Backlog Increasing, SunPower Stays Put With 2022 Guidance
Wednesday, 09 Nov 2022
US residential solar installer SunPower Corporation has reiterated its previous guidance for 2022 expecting a customer growth between 73,000 to 80,000 after it exited Q3/2022 having added 23,100 new ones, a 63% annual growth riding on high demand.
North America PV News Snippets
SunPower, UCI, Schneider Electric, SCE, KB Home Creating ‘Blueprint’ For New Home Communities & More From Aspen, Primergy, Westbridge
Monday, 07 Nov 2022
SunPower and partners working on solar powered microgrid home communities; Aspen secures $350 million from Carlyle; Primergy announces 155 MW AC solar project; Westbridge adds 300 MW solar & 200 MW storage project to portfolio in Alberta.
SunPower Finds New Chief Legal Officer
SunPower Corporation Expands Leadership Team With New CLO Eileen Evans
Thursday, 13 Oct 2022
US headquartered residential solar and storage company SunPower Corporation has expanded its senior leadership team with the appointment of Eileen Evans as the company’s new chief legal officer (CLO).
North America PV News Snippets
Qcells Launches New Residential Energy Storage Solution For US & More From SunPower, Terra-Gen, Fundamental, Avantus, EPC
Monday, 19 Sep 2022
EmPower Solar & Renova Energy secure SunPower investment; Qcells’s new residential storage offering for US; Terra-Gen achieves financial closure for solar+storage facility; $400 million for Fundamental Renewables; 8minute is now Avantus; Goldma.
SunPower CFO Manavendra Sial Enters Exit Mode
SunPower’s Manavendra Sial Moves To Energy Storage Industry As Fluence Energy CFO
Wednesday, 31 Aug 2022
US residential solar power company SunPower Corporation has announced the departure of its Chief Financial Officer (CFO) Manavendra Sial, who will join Fluence Energy.
SunPower Declares Q2/2022 Financial Results
US Residential PV Company SunPower’s Customer Tally Grew 51% & Revenues 63% Annually In Q2/2022
Wednesday, 03 Aug 2022
Riding high on customer demand, US residential solar power company SunPower Corporation improved annual revenues in Q2/2022 by 63%, and reiterated its 2022 guidance of 73,000 to 80,000 incremental customers.
IKEA & SunPower Partner For US Home Solar
SunPower’s Residential Solar Offerings To Be Available Via IKEA US
Friday, 13 May 2022
SunPower Corporation will use IKEA platform to supply its home solar solutions in the US under a partnership, starting with select markets in California, and will be available for the Swedish retailer’s family customer loyalty program members.
SunPower’s Q1/2022 Financial Results
SunPower Narrows Down Q1 Net Loss With Strong Residential Solar Demand
Friday, 06 May 2022
Strong demand from the residential segment helped US residential solar installer SunPower Corporation grow its annual GAAP revenues by 46% annually to $350 million in Q1/2022, and narrow down net loss to $-2.2 million from $-47.1 million a year back.
SunPower & First Solar To Collaborate Again
SunPower Roping In First Solar For Thin Film PV+Crystalline Silicon Tandem Solar Module For Rooftop
Friday, 01 Apr 2022
Once competitors in the space of solar PV manufacturing, US solar giants SunPower Corporation and First Solar, Inc plan to collaborate to bring out a tandem solar module in to mass production.
North America PV News Snippets
Nextracker Lands Saudi Arabian Solar Project & More From SunPower, DESRI, Silicon Ranch, Enphase
Wednesday, 30 Mar 2022
Nextracker will supply its tracker technology for Saudi Arabia’s Sudair Solar Plant; SunPower’s SunVault Storage can cover entire home during outage; DESRI commissions 189 MW solar; Silicon Ranch starts construction of 70 MW project; Enphase & GMP partner for pilot program.
SunPower’s Q4/2021 Financial Results
SunPower To Exit Light Commercial Value-Added Reseller Segment; Reports Net Loss For 2021
Friday, 18 Feb 2022
Residential solar power company in the US, SunPower Corporation increased its new customer bookings in Q4/2021 by 42% with 22,500 new bookings, adding 17,000 new customers—a number that increased 31% YoY taking its cumulative customer tally to 427,000 at the end of 2021.
New Agreement For Maxeon & SunPower
Maxeon Solar & SunPower Enter New IBC Solar Panel Supply Agreement
Thursday, 17 Feb 2022
SunPower Corporation of the US and its manufacturing spin-off Maxeon Solar Technologies have entered a new module supply agreement for high-efficiency Interdigitated Back Contact (IBC) panels, assuring exclusive supply for the US residential market t.
SunPower Finds Buyer For CIS Business
TotalEnergies Purchases SunPower’s Commercial & Industrial Solutions Business
Friday, 11 Feb 2022
In a strategic move, American solar power company SunPower Corporation has sold off its Commercial & Industrial Solutions (CIS) business to its majority stakeholder TotalEnergies for a total value of $250 million, to become a pure residential solar business.
SunPower’s Preliminary Q4/2021 Financials
SunPower Expects Adjusted EBITDA For Q4/2021 To Be At Low End Of Guidance
Friday, 21 Jan 2022
SunPower Corporation has released its preliminary financial forecast for Q4/2021, expecting adjusted EBITDA to fall in at the low end of its guided range of $18 million to $41 million, and continues to expect GAAP revenues of between $361 million to $421 million.
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