SunPower – which revealed the yieldco talks yesterday – boosted net profits to $245.9m last year, up from $95.6m in 2013. Revenue grew to $3.03bn from a year-earlier $2.51bn.
That was helped by a strong fourth quarter that saw revenue almost double year-on-year to $1.16bn and net profits rise to $134.7m from a year-earlier $22.3m
The PV group – which is controlled by French energy multinational Total – expects to pull in between $420m and $470m in the current first quarter, with a gross margin of 18%-20%.
But
