SunPower latest press releases, blogs and news
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SunPower Update | SunPower
WEBWhile SunPower is currently unable to service your system, we are diligently working on an agreement with a service provider and recommend you continue to check SunPower.com for updates. We’ll share details on how this may impact your manufacturer-supported warranties as they are available.
SunPower stock collapses below $1 as company halts leases ...
WEBJul 19, 2024 · SunPower stock collapsed 70% this week after the company informed dealers that it will no longer support new leases, installations or product shipments, with analysts largely writing the...
Press Releases - SunPower Newsroom
WEBApr 24, 2024 · Specifically, we are winding down our SunPower Residential Installation (SPRI) locations and closing SunPower Direct sales. We are also reducing our workforce to better align our business with our new focus.
A Big Solar Company May Be Collapsing | TIME
WEBJul 22, 2024 · SunPower is one of the top five or 10 residential solar installers in the nation, according to Pol Lezcano, an analyst at BloombergNEF. Its struggles also highlight why the residential solar...
SunPower Acquires Blue Raven Solar, One of the Fastest Growing ...
WEBOct 5, 2021 · Acquisition complements SunPower's geographic presence; growing national footprint to accelerate high-growth residential solar business. Company exploring strategic alternatives for Commercial & Industrial Solutions business to …
SunPower Secures More Than $300M in Project Financing …
WEBFeb 23, 2024 · Builds on the recent capital raise to provide SunPower with access to more than half a billion dollars in financing. RICHMOND, Calif., Feb. 23, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR...
SunPower Secures Additional Capital to Drive Ongoing …
WEBFeb 15, 2024 · SunPower Secures Additional Capital to Drive Ongoing Transformation. Obtains $175 million of capital and $25 million of additional revolving debt capacity, long-term waivers. Provides up to $155...
SunPower tumbles nearly 20% after pausing some operations
WEBJuly 18 (Reuters) - SunPower (SPWR.O) shares plummeted nearly 20% on Thursday after the solar company informed clients that it is pausing some operations, including deactivating lease and power...
SunPower Reports Fourth Quarter and Full Year 2023 Results
WEBFeb 15, 2024 · Reported Q4 GAAP Net Loss of ($124) million and Adjusted EBITDA of ($68) million; FY 2023 GAAP Net Loss of ($247) million and Adjusted EBITDA of ($84) million. Announced $175 million of additional capital and $25 million of …