Your Portal for Key Energy Information and Research

SunPower Takes Measures Amid COVID-19 Slowdown to Solar Developments

By Criterion Research
March 26, 2020 -

SunPower is implementing several measures due to the headwinds they are facing from the COVID-19 pandemic.  These include:

  • Reduction in management pay
  • Freezing of all hiring and promotions
  • Reduction in capital spending

They expect those changes to cut $50 million in costs in 2020.


... View Original Article ...

Categories
Utilities
Diversified Utilities

Commodities
Power

Sub Commodities
Solar Generation

Tags
Economic Slowdown
Solar

Countries
United States

Related News

SunPower Takes Measures... (subscriber access)

SunPower Reports Pricing... (subscriber access)

SunPower Offers 22... (subscriber access)

SunPower Reports... (subscriber access)

OGE Energy Announces... (subscriber access)

Capital Dynamics to... (subscriber access)

SunPower and True Green... (subscriber access)

OGE & SunPower... (subscriber access)

SunPower to Begin... (subscriber access)

SunPower Begins Construction of 56-MW Oregon Solar Plant

SunPower announced the start of construction on its 56-MW Gala Solar Power Plant in Crook County,...