25 Apr '14, 11am

via @pv_tech SunPower’s PV project pipeline tops 7.5GW as demand exceeds supply

SunPower's management noted that Fab 4 technology and processes would not only produce its highest cell efficiencies but would enable module production costs to be reduced by up to 35%. Image: SunPower SunPower said that demand for its PV modules exceeded supply and that its PV project pipeline has topped 7.5GW, boosted by around 300MW of secured projects through its majority shareholder, oil giant Total. Image: SunPower The company raised full-year guidance on both shipments and revenue. Shipments in 2014 are expected to be in the range of 1.2GW to 1.3GW and GAAP revenue of US$2.55 billion to US$2.7 billion. Financials SPWR NASDAQ 34.18 +2.16 (6.75%) 3:59PM EDT Major PV energy provider SunPower has said that demand for its PV modules exceeded supply and that its PV project pipeline has topped 7.5GW, boosted by around 300MW of secured projects through its majority sharehol...

Full article: http://www.pv-tech.org/news/sunpowers_pv_project_pipeline...

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