(Reuters) - U.S. solar companies First Solar Inc and SunPower Corp reported stronger-than-expected quarterly results, defying weak prices and excess supply of solar panels by cutting costs and ...
SunPower (Nasdaq: SPWR) just sent an email to its employees saying that it will “wind down” residential solar installations and lay off 1,000 employees. SunPower is one of the largest residential ...
SunPower’s customer growth has dropped for quarters in a row. Credit: SunPower US residential solar provider SunPower has stopped several operations including new shipments and financing options, ...
SunPower has undergone a number of strategic changes in recent years to refocus on the U.S. residential solar market. In 2020, it completed the spinoff of Maxeon, its legacy solar module manufacturing ...
NEW YORK, Feb 20 (Reuters) - SunPower Corp Chief Executive Tom Werner said on Wednesday new supply contracts for polysilicon were beginning to cut the solar cell and panel maker's production costs.
SunPower shares fell 73% this week as the company said it would halt some operations. Shares were down 54% Friday to trade at $0.68, an all-time low. Guggenheim analysts said the company could face a ...
Solar company SunPower is letting go of 358 employees in California, including 71 at its facility in Santee, according to a notice the company filed with the state. The job cuts go into full effect by ...
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