Falling revenues augur badly for a solar manufacturer and project developer, however for SunPower, which has reported its Q2 2015 results, it is more indicative of a company in transition. On the manufacturing front, SunPower remains fully booked as it supplies a number of key distributed generation markets and builds out a portfolio of PV power plant projects in the U.S., Africa, Japan, France and Chile. SunPower's revenues for Q2 came in at US$381 million, down from $440.9 million Q/Q and $507.9 Y/Y. Despite the falling revenues, the result surpassed market expectations. In joint venture with First Solar, SunPower launched its 8point3 Energy Partners yieldco in the quarter, with the company purchasing SunPower's 135 MW Quinto solar project, which is set to be completed in Q4. Other power plant project highlights included the grid connection of the staggeringly large 579 MW Solar Star project, which is owned jointly by Berkshire Hathaway Energy and Southern California Edison. By way of explanation, CFO Chuck Boynton said that revenues from project sales to 8point3 Energy Partners are reduced, ...Den vollständigen Artikel lesen ...