INDUSTRY NEWS

SunPower ceases shipments, project installations, lease and PPA sales

2024-07-22

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, according to an analyst note.

Investment bank Roth Capital published a letter from SunPower obtained from industry contacts. In the letter, SunPower said: “Beginning today, 17 July 2024, SunPower will no longer be supporting new Lease and PPA (power purchase agreement) sales nor new project installations of these financing options.

 

(The above content is reproduced from pv-tech,By  Simon Yuen)

 

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