SunPower

Synaptics Strengthens Leadership Team with the Addition of Lisa Bodensteiner as Senior Vice President, Chief Legal Officer, and Secretary

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星期四, 三月 7, 2024

SAN JOSE, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced the appointment of Lisa Bodensteiner as Senior Vice President, Chief Legal Officer and Secretary, strengthening its leadership team.

Key Points: 
  • SAN JOSE, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA ) today announced the appointment of Lisa Bodensteiner as Senior Vice President, Chief Legal Officer and Secretary, strengthening its leadership team.
  • Ms. Bodensteiner joined in November to guide Synaptics' legal strategy, ensure regulatory compliance, and oversee corporate governance.
  • “Lisa’s track record and incredibly diverse experience as a legal executive for high-growth companies makes her an invaluable sounding board for me and the rest of the executive team,” said Michael Hurlston, President and CEO of Synaptics.
  • She also served as Executive Vice President, General Counsel, and Chief Compliance Officer at SunPower Corporation, a leading global solar power solutions provider.

Enphase Energy Starts Shipping New Home Energy Systems in Italy with IQ Batteries

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星期一, 二月 26, 2024

Enphase launched its new home energy system in Italy with IQ Battery 5P and IQ8 Microinverters during an event at the Ferrari Museum in Maranello in December 2023.

Key Points: 
  • Enphase launched its new home energy system in Italy with IQ Battery 5P and IQ8 Microinverters during an event at the Ferrari Museum in Maranello in December 2023.
  • Enphase began shipping IQ8 Microinverters at the end of 2023, and today announced the start of shipments for IQ Battery 5P to customers in the region.
  • “The Enphase Energy System, powered by the IQ Battery 5P, is Enphase’s most powerful home energy system,” said Antonio Tognazzi, owner of Lightland Soluzioni Energia Srl, a SunPower Premier Partner.
  • Enphase will be showcasing its Enphase Energy System with IQ8 Microinverters and IQ Battery 5P at the KEY Energy Transition Expo in Rimini, Italy from Feb. 28 - March 1, 2024 at stand D3 195.

Investigation Alert Microvast, SunPower, Telephone Data Systems, and Spirit AeroSystems: Johnson Fistel, LLP Encourages Long-Term Investors to Submit Their Information Below

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星期四, 二月 22, 2024

Johnson Fistel, LLP is investigating potential claims on behalf of Microvast Holdings, Inc. against certain of its officers and directors.

Key Points: 
  • Johnson Fistel, LLP is investigating potential claims on behalf of Microvast Holdings, Inc. against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of SunPower Corporation against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Telephone and Data Systems, Inc. against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Spirit AeroSystems Holdings, Inc. against certain of its officers and directors.

SunPower Announces Delay in Filing Form 10-K

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星期四, 二月 29, 2024

RICHMOND, Calif., Feb. 29, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that it filed a Form 12b-25 with the Securities and Exchange Commission to provide notice of the delayed filing of its Annual Report on Form 10-K ("Form 10-K") for the fiscal year ended December 31, 2023.

Key Points: 
  • RICHMOND, Calif., Feb. 29, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that it filed a Form 12b-25 with the Securities and Exchange Commission to provide notice of the delayed filing of its Annual Report on Form 10-K ("Form 10-K") for the fiscal year ended December 31, 2023.
  • SunPower requires additional time to complete its financial statements included in the Company's Form 10-K.
  • Filing a Form 12b-25 will provide the Company with an automatic extension of fifteen additional calendar days to file the Form 10-K, which is due on February 29, 2024.
  • SunPower expects to file the Form 10-K as soon as practicable.

SunPower Announces CEO Transition

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星期二, 二月 27, 2024

RICHMOND, Calif., Feb. 27, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that Chief Executive Officer (CEO) Peter Faricy has departed the Company, effective February 26, 2024. The Board is conducting a comprehensive search process to identify a permanent CEO. Until a successor is named, the Board has established an Office of the Chairman, led by Tom Werner, Executive Chairman of the Board and newly appointed Principal Executive Officer; and includes Elizabeth Eby, Chief Financial Officer; Eileen Evans, Chief Legal Officer; and other key members of the Executive Leadership Team. 

Key Points: 
  • RICHMOND, Calif., Feb. 27, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that Chief Executive Officer (CEO) Peter Faricy has departed the Company, effective February 26, 2024.
  • The Board is conducting a comprehensive search process to identify a permanent CEO.
  • "Over the past three years, SunPower has made strides toward expanding the footprint of residential solar, capturing a market-leading position in the new homes business and expanding consumer financing for solar through SunPower Financial.
  • He brings valuable institutional knowledge from his nearly 18 years of service as the Company's CEO and Chairman of the Board.

SunPower Secures More Than $300M in Project Financing Commitments for Industry-Leading Residential Solar and Storage Lease Programs

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星期五, 二月 23, 2024

RICHMOND, Calif., Feb. 23, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that it has secured over $300 million in project financing commitments from funds managed by Apollo (NYSE: APO) (the "Apollo Funds"), ATLAS SP Partners, ("ATLAS SP") and Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI) ("HASI") for its residential solar and storage lease programs, which will be paid upon installation. The transaction supports SunPower's ability to offer a variety of attractive financing options to its customers, advancing its mission to change the way our world is powered.

Key Points: 
  • "SunPower's financing agnostic model is a differentiator in the industry and gives customers the ability to choose the best financing product for their needs," said Peter Faricy, SunPower CEO.
  • This includes amendments to its existing first lien financing and a second lien term loan from Sol Holding LLC.
  • Since 2010, SunPower has provided solar lease financing options to customers through its network of residential solar dealers across the U.S., new home builders where the company holds a market-leading position and direct sales teams.
  • SunPower lease contracts made up 73% of SunPower Financial originated volume in the fourth quarter of 2023 compared to 26% in the fourth quarter of 2022.

Tom Werner Joins SunPower's Board of Directors as Executive Chairman

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星期二, 二月 20, 2024

RICHMOND, Calif., Feb. 20, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) a leading residential solar technology and energy services provider, today announced Tom Werner as Executive Chairman of the Board, effective Feb. 19, 2024.

Key Points: 
  • RICHMOND, Calif., Feb. 20, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) a leading residential solar technology and energy services provider, today announced Tom Werner as Executive Chairman of the Board, effective Feb. 19, 2024.
  • "As we move forward into our next era and navigate this critical moment for our industry, we are pleased to welcome Tom Werner back to SunPower," said Peter Faricy, SunPower's CEO.
  • Werner previously served as SunPower's CEO and Chairman of the Board for nearly 18 years.
  • Before joining SunPower, Werner was CEO at Silicon Light Machines, Inc., an optical solutions subsidiary of Cypress Semiconductor Corporation.

CMC Announces Appointment of Dennis V. Arriola to Board of Directors

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星期二, 二月 20, 2024

IRVING, Texas, Feb. 20, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it has named Dennis V. Arriola to the Board of Directors, effective as of March 19, 2024.

Key Points: 
  • IRVING, Texas, Feb. 20, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it has named Dennis V. Arriola to the Board of Directors, effective as of March 19, 2024.
  • He also serves on the Board of Directors of ConocoPhillips, Meritage Homes and the Automobile Club of Southern California.
  • "We are pleased to welcome Dennis to our Board of Directors," said Barbara R. Smith, Executive Chairman of the Board.
  • Mr. Arriola received a Bachelor of Arts in Economics from Stanford University and a Masters of Business Administration from Harvard University.

Top Solar Companies in California

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星期五, 二月 16, 2024

LOS ANGELES, Feb. 16, 2024 /PRNewswire/ -- Solar Power Systems announces its latest comprehensive ranking of the best solar companies in California.

Key Points: 
  • LOS ANGELES, Feb. 16, 2024 /PRNewswire/ -- Solar Power Systems announces its latest comprehensive ranking of the best solar companies in California.
  • Today, we're delighted to present our most recent findings: the best California solar companies, ready to suit a wide variety of solar energy needs:
    Palmetto is known for its top-rated California solar panels, coming along with full-service installation and multiple financing options in order to fit the needs of every customer.
  • Solar Power Systems selects top solar energy companies in California, focusing on local providers for superior service, requiring a minimum of five years in operation to ensure reliability and support.
  • Preference is given to California solar companies with their own installation crews, emphasizing quality workmanship and customer satisfaction.

SunPower Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
星期四, 二月 15, 2024

"With the recent infusion of capital, SunPower is focused on driving positive free cash flow and profitability," said Peter Faricy, SunPower CEO.

Key Points: 
  • "With the recent infusion of capital, SunPower is focused on driving positive free cash flow and profitability," said Peter Faricy, SunPower CEO.
  • "This is a new opportunity for SunPower to reinforce our strong foundation as we continue to navigate an uncertain market in early 2024.
  • With this funding and industry tailwinds of extended tax credits and lower equipment costs, we believe SunPower is positioned to execute on maximizing the value proposition of solar and storage for our customers."
  • We will provide additional guidance later in the year, after we assess the implications of the recapitalization and restructuring."