SunPower’s (NASDAQ: SPWR) photo voltaic shipments grew from 0.97 GigaWatts in 2015 to 1.36 GigaWatt
SunPower’s (NASDAQ: SPWR) photo voltaic shipments grew from 0.97 GigaWatts in 2015 to 1.36 GigaWatts in 2017, a 40% leap. Nonetheless, in 2018 SunPower’s shipments remained on the identical degree, that means web installations have risen 40% during the last three years, in comparison with greater than a 100% development in world photo voltaic installations over the identical interval, from 50.9 GW in 2015 to 103 GW in 2018.
You may view our interactive dashboard- After Growing 40% In 2 Years, Why Have SunPower’s Solar Installations Stagnated in 2018?– to search out out extra about what drove the slowdown in photo voltaic installations.
Why did this occur?
- SunPower has struggled to maintain up with world photo voltaic development, primarily because it shut down its giant scale tasks division in late-2017.
- One other issue hampering SunPower’s development is the elevated competitors within the photo voltaic house, that has pushed down promoting costs considerably, from $2.70 per watt in 2015 to $1.34 per watt in 2018.
What does this imply?
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