Latest news with #CompleteSolar
Yahoo
22-04-2025
- Business
- Yahoo
Latest News In Energy Transition - Complete Solar Delays Results Amid Expanding Solar Ambitions
Complete Solar has announced a delay in reporting its audited financial results for 2024 and unaudited results for the first quarter of 2025, now scheduled for April 30, 2025. This postponement is attributed to the complexities involved in the financial integration of three distinct entities, each with separate accounting systems, following their merging efforts. The company's recent acquisition and consolidation of SunPower assets underscore its expanding role within the residential solar services sector, demonstrating its commitment to energy efficiency and the broader energy transition movement. This adjustment emphasizes the challenges and opportunities present in the evolving landscape of renewable energy. In other trading, was trading firmly up 10.5% and closing at €63.80, close to the 52-week high. Meanwhile, softened, down 7.8% to finish the session at $120.22, near its 52-week low. Siemens Energy's substantial €131 billion order backlog suggests potential for timely revenue realization before demand shifts. Discover the full narrative on Siemens Energy to explore these dynamics further. settled at $122.45 down 4.3%. finished trading at $227.50 down 5.7%. closed at $106.52 down 7.7%. Discover the full array of 143 Energy Transition Stocks, featuring Tokyu Fudosan Holdings, Enel and China National Nuclear Power, right here. Curious About Other Options? The end of cancer? These 23 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "Complete Solar to Report 2024 and Q1'25 on April 30" from Complete Solar, Inc. on GlobeNewswire (published 18 April 2025) Companies discussed in this article include XTRA:ENR NasdaqGS:FSLR NasdaqGS:TSLA NYSE:VST and NYSE:BX. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Associated Press
18-04-2025
- Business
- Associated Press
Complete Solar to Report 2024 and Q1'25 on April 30
OREM, Utah, April 18, 2025 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. d/b/a Complete Solar (Nasdaq: CSLR), a solar technology, services, and installation company, today announced that it revised the date for its upcoming earnings call, and Complete Solar will present its audited 2024 financial results and unaudited Q1'25 results in a quarterly investor report on April 30, 2025 at 1:00pm ET. Interested parties may access the webcast by registering here or by visiting the Events page within the IR section of the company website: Complete Solar chairman and CEO T.J. Rodgers stated, 'We look forward to presenting our audited 2024 financial results and our unaudited Q1'25 financials on April 30, when we will present the results of the first two quarters of the combined company which will be consistent with our prior public guidance of positive operating income and cash flow in Q1'25. Rodgers continued, 'This press release has been issued because we have pushed out our prior announced April 23 report date due to a one-week delay on our SEC 10K filing, in turn due to the complexity-induced delay of our first audit, which required the financial combination of three previously independent companies: Complete Solar, old SunPower and Blue Raven (an unintegrated SunPower acquisition) – each with different accounting systems. So, our audit will be finished on April 25, not April 14, as we expected. Rodgers concluded, 'I accepted one week of delay in our investor webcast to April 30, so I have an air-tight, fully audited set of numbers. In addition, we are vigorously pursuing our SOX program right now to tighten the controls of our financial processes, so I expect our next audit to be on or ahead of schedule, and come in and at a much lower cost to shareholders.' About Complete Solar With its recent acquisition of SunPower assets, Complete Solar has become a leading residential solar services provider in North America. Complete Solar's digital platform and installation services support energy needs for customers wishing to make the transition to a more energy-efficient lifestyle. For more information visit Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as 'will,' 'goal,' 'prioritize,' 'plan,' 'target,' 'expect,' 'focus,' 'forecast,' 'look forward,' 'opportunity,' 'believe,' 'estimate,' 'continue,' 'anticipate,' and 'pursue' or the negative of these terms or similar expressions. Forward-looking statements in this press release include, without limitation, the establishment of Complete Solar as a $300-million solar installer, our ranking by annualized revenue in the solar installer industry, our expectations regarding profitability and cashflow positive operations, deepening our relationship with Sunder Energy, and the benefits of our use of the SunPower name. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, our ability to implement further headcount reductions and cost controls, our ability to integrate and operate the combined business with the SunPower assets, our ability to achieve the anticipated benefits of the SunPower acquisition, global market conditions, any adjustments, changes or revisions to our financial results arising from our financial closing procedures, the completion of our audit and financial statements for Q4/24 and fiscal 2024, and other risks and uncertainties applicable to our business. For additional information on these risks and uncertainties and other potential factors that could affect our business and financial results or cause actual results to differ from the results predicted, readers should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of our annual report on Form 10-K filed with the SEC on April 1, 2024, our quarterly reports on Form 10-Q filed with the Securities and Exchange Commission and other documents that we have filed with, or will file with, the Securities Exchange Commission, including our annual report on Form 10-K with respect to fiscal 2024 that will be filed with the Securities and Exchange Commission. Such filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements in this press release speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Complete Solar assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Company Contact: Sioban Hickie VP Investor Relations [email protected] (801) 477-5847 Source: Complete Solar, Inc.
Yahoo
16-04-2025
- Business
- Yahoo
New Jersey family left in the dark after $55,000 solar system breaks down and the company files for bankruptcy
Kira Traore says she was paying exactly zero dollars in electricity bills for her home in New Jersey — until late last year when the self-sustaining solar power system broke down. The timing couldn't have been worse — the company that the family purchased the system from had just filed for bankruptcy, according to CBS New York. Despite still paying for the financing on the system — which cost $54,907.69 to install — the family got nowhere trying to get somebody to fix it. Meanwhile, they had to pay the local utility company for electricity. I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it 'Who is looking out for the consumer here?' Kira, frustrated by the situation, exclaimed to the local broadcaster in a story published April 1. Her husband, Sidi Traore, who was also at a loss, added: 'I'm powerless.' In the end, the story came to a satisfactory conclusion. Here's what happened, along with tips on what you can do in similar situations. The family signed a contract with a company called SunPower three years ago to set up a solar system. Everything was hunky-dory, Kira says, until this past December when the system's batteries malfunctioned, followed by the metering system. 'So, the panels are still producing electricity, but it's not letting our electric company know that,' Kira explained. Kira says she couldn't get a response from SunPower about fixing her system. The company had filed for bankruptcy only months earlier. CBS New York says it tracked down a contractor who installed systems for SunPower. He explained fixing the batteries would require tech support from the company — indicating customers might be out of luck if they experience problems going forward. But the broadcaster didn't stop there. CBS New York reports it contacted Complete Solar, the company that purchased much of SunPower's assets, and they sent a technician to help Kira. Within two hours, she says, the solar system was back up and running. Complete Solar explained to CBS New York there's a bug in SunPower's software that causes the batteries to lock up and the system must be rebooted periodically. Complete Solar is considering a service to help customers with this issue. Read more: The US stock market's 'fear gauge' has exploded — but this 1 'shockproof' asset is up 14% and helping American retirees stay calm. Here's how to own it ASAP While the Traore family was able to find a solution, not everyone is so lucky. You can't control whether a company goes bankrupt and refuses to answer your service requests, and you may not always be able to have a news show investigate on your behalf. But you can be aware of what your rights are if and when you find yourself in a similar situation like the Traores. First, read the terms of your contract carefully and see if there are any clauses about what the company's obligations are in these situations. If a company is set to go under, be sure to head to the soon-to-be defunct company's website to read up on the latest news and contact representatives if need be to understand your rights. If you still can't get anywhere, try the acquiring company if there is one. However, keep in mind the acquiring company doesn't necessarily need to adhere to all of the contract terms. Still, it's worth reviewing the contract and speaking with someone as soon as you can to understand what you may be entitled to. Those who own their equipment outright and don't have an active warranty can make arrangements for their own repairs. For those that are required to have their equipment serviced by the bankrupt company, you may have to hang tight until you get more news. You could file a complaint with the bankruptcy court — in some states it's referred to as an adversary proceeding. There may be fees involved with filing, so determine whether you believe the cost is worth it. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Sign in to access your portfolio
Associated Press
05-03-2025
- Business
- Associated Press
Complete Solar to Present at Cantor Fitzgerald Technology Conference, March 11, 2025, in New York
Integration of SunPower Successfully Complete Management to Reconfirm Positive Operating Income Profit Guidance for Q1 OREM, Utah, March 05, 2025 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. d/b/a Complete Solar ('Complete Solar' or the 'Company') (Nasdaq: CSLR), a solar technology, services, and installation company, announced it will be presenting at the Cantor Global Technology Conference, on Tuesday, March 11th, 2025 in New York. Complete Solar's Founder and Board member, Will Anderson, as well as its Chief Financial Officer, Dan Foley, and VP of Investor Relations, Sioban Hickie, will be holding one-on-one meetings with investors. This event is only available to Cantor clients. 'We look forward to meeting with investors in person to discuss our successful integration of SunPower and achievements in cost reduction,' said Will Anderson, Founder and Director, Complete Solar. 'The company is executing on plan, and we are excited to share our progress with investors as we remain confident in our ability to achieve operating income profit in the first quarter of 2025. We are a true bright spot in the solar industry.' About Complete Solar With its recent acquisition of SunPower assets, Complete Solar has become a leading residential solar services provider in North America. Complete Solar's digital platform and installation services support energy needs for customers wishing to make the transition to a more energy-efficient lifestyle. For more information visit Forward-Looking Statements This press release may contain forward-looking statements within the meaning of the federal securities laws. In some cases, you can identify forward-looking statements because they contain words such as 'will,' 'plan,' 'target,' 'expect,' 'focus,' 'forecast,' 'look forward,' 'opportunity,' 'believe,' 'estimate,' 'continue,' 'anticipate,' and 'pursue' or the negative of these terms or similar expressions. Forward-looking statements in this press release include, without limitation, our expectations regarding our Q1'25 financial performance, including with respect to our expectations as to when we achieve breakeven operating income. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, changes in the applicable competitive or regulatory landscapes, the ability to implement business plans and forecasts, and other risks and uncertainties applicable to our business. Readers should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of our annual report on Form 10-K filed with the Securities and Exchange Commission (the 'SEC') on April 1, 2024, our quarterly reports on Form 10-Q filed with the SEC, and other documents that we have filed with, or will file with, the SEC. Forward-looking statements in this press release speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Complete Solar assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Company Contact: Sioban Hickie
