SunPower also said it had slashed the pay of its executive officers for the second time in a month and was reducing some of its employees to a four-day work week.
SunPower's restructuring is cleaning up the balance sheet, streamlining the business, and focusing the company on its core competencies and higher-margin segments.
While the market is never short on worries, the ability from traders and investors to consistently shrug off potential headwinds has been somewhat of a surprise in the first half of 2014. In fact,
Cleantech, an outperformer in the energy space since 2012, experienced a major expansion phase in 2013 that is still unfolding. In this interview with The Energy Report, Raymond James Energy