RICHMOND, Calif. : SunPower Corp. (NASDAQ: SPWR), a leading solar, storage and energy services provider in North America, is proud to share that its SunVault™ battery storage system was named as a winner in Good Housekeeping’s 2022 Home Renovation Awards in the Biggest Energy Savers category. Blackouts due to extreme weather events are on the […]
SunPower Announces Chief Legal Officer – EQ Mag Pro
RICHMOND, Calif. : SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services company, announced Eileen Evans as its new Chief Legal Officer. Evans brings more than 25 years of legal and technology business experience to SunPower including commercial transactions, merger and acquisition integration, intellectual property, litigation, investigations, compliance, and corporate matters. Evans most recently […]
SunPower to Announce Third Quarter 2022 Results on November 8, 2022 – EQ Mag Pro
RICHMOND, Calif. : SunPower Corp. (NASDAQ:SPWR) will discuss its third quarter 2022 financial results on Tuesday, November 8 at 8:30 a.m. Eastern Time. The results are scheduled to be released at 8:05 a.m. ET. The live audio webcast and supplemental financial information will be available on SunPower’s investor website About SunPower SunPower is a leading […]
SunPower Reports Second Quarter 2022 Results – EQ Mag Pro
Added a record 19,700 customers in the second quarter, a 51% increase YoY Accelerated revenue growth to 63% YoY Achieved backlog of 53,000 retrofit and new homes customers Delivered strong gross margin: 20% GAAP, 21% non-GAAP Announced strategic relationship with IKEA U.S. to reach new customers and simplify the solar buying experience SAN JOSE, Calif. […]
SunPower to Announce First-Quarter 2022 Results on May 5, 2022 – EQ Mag Pro
SunPower Corp. (NASDAQ:SPWR) will discuss its first-quarter 2022 financial results on a conference call, Thursday, May 5 at 1:30 p.m. Pacific Time. The call-in number is (877) 371-5747 conference ID 5479606, passcode: SunPower, or the webcast can be accessed from SunPower’s website at http://investors.sunpower.com/events.cfm. The earnings press release and supplemental financial information will be available […]
Maxeon Solar lands 1-GW Module Supply Contract in Nevada
Singapore-based Maxeon Solar Technologies Ltd (NASDAQ:MAXN) has won an order to supply about 1 GW of bifacial modules for the Gemini solar-plus-storage project near Las Vegas in Nevada. Primergy Solar LLC, a portfolio company of Quinbrook Infrastructure Partners, has contracted the SunPower spin-off to deliver almost 1.8 million shingled bifacial Performance 5 UPP solar panels […]
SunPower Reports Q1/2021 GAAP Revenues As $306.4 Million
SunPower Corporation’s Revenues Slid By Over 10% Sequentially In Q1/2021, While Growing More Than 5% Annually; Reiterates 2021 Annual Guidance. SunPower recognized 127 MW capacity in Q1/2021, a quarter when its revenues dropped by more than 10% annually. But the management is confident of being in a position to benefit from strong industry tailwinds and […]
Maxeon Solar eyes up to USD 144m from share offering
Singapore-based solar panel maker Maxeon Solar Technologies Ltd (NASDAQ:MAXN) could raise close to USD 144 million (EUR 120m) through an underwritten public offering of ordinary shares. The company, a spin-off of SunPower Corp (NASDAQ:SPWR), said on Wednesday that subject to market and other conditions it plans to offer USD 125 million of ordinary shares and […]
SunPower Maxeon 5 AC Module Available In Australia
Some good news for Australian AC solar panel fans – the SunPower Maxeon 5 AC Module is now available here. When Maxeon Solar Technologies announced its new SunPower Maxeon 5 AC solar panel was available in selected European countries in December last year, it wasn’t clear if and when it would be available in Australia. […]
SunPower shares drop after Morgan Stanley downgrades solar company to ‘underweight’
SunPower Corporation fell nearly 7% on Thursday after the solar company was downgraded to ‘underweight’ by Morgan Stanley. The bank maintained it $27 price target, indicating a nearly 40% downside from current levels. SunPower on Wednesday unveiled a mobile app that will allow users to review and manage their energy generation, consumption, and battery storage […]