SunPower files for Chapter 11 bankruptcy [update]
Solar developer SunPower filed for Chapter 11 bankruptcy protection in the US, but here’s some good news for its customers.
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SunPower ceases residential installations, lays off 1,000
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.
Expand Expanding CloseGM Energy launches Ultium Home charging with 3 bundles, vehicle-to-home capabilities
Eight months after sharing details of its new GM Energy business unit, General Motors has shared the first product specifications for its lineup of Ultium Home charging solutions designed for residential EV owners. The company will initially offer three distinct home energy management bundles, including capabilities for vehicle-to-home functionality and solar installations.
Expand Expanding CloseFord, GM, Google, and solar providers unite to showcase the full potential of electric vehicles
In a revolutionary partnership, Ford, General Motors, Google, SunPower, and Sunrun are teaming up to highlight the additional benefits electric vehicles offer beyond producing zero emissions.
Expand Expanding CloseSunPower buys SolarWorld in move that could trigger consolidation in the panel industry
In a press release today SunPower (SPWR) announced it had agreed to buy the American wing of the insolvent German solar panel manufacturer SolarWorld for an undisclosed sum. The move would add around 500MW to SunPower’s production capacity putting it near First Solar as the biggest US maker of Solar Panels.
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SolarCity sparked a “war” of high-efficiency solar panels
Earlier this month SolarCity announced details of a new high-efficiency solar panel it plans on producing at its 1 GW module factory under-construction in Buffalo, NY. The company claimed that the module’s 22.04% efficiency was enough to make it the “most efficient rooftop solar module” ever made. The claim apparently sparked a “war” of high-efficiency solar panels because in the week following the announcement two other solar panel makers claimed to have surpassed SolarCity’s record.
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