Cloudy Day for SunPower: Restates Earnings, Profit Drop, Lower Guidance
It’s a cloudy day for the solar photovoltaic maker SunPower. The company announced its fourth quarter and 2009 year results this afternoon and let loose a triple-whammy of bad news: a drop in fourth quarter profits, a lower-than-expected earnings guidance for 2010 and a restating of its earnings for 2008 and the first three quarters of 2009. Ouch.
SunPower says it brought in a net income of $8.67 million for the three months that ended Jan. 3, 2010, which was a drop from $29.5 million from the restated year earlier fourth quarter net income. Revenues for the fourth quarter of 2009 were $547 million, up from $398 million in revenues from the same period a year earlier.


OpenADR — the Berkeley Labs open source system for
The deadline to submit an application for our Green:Net launchpad is just around the corner — this Friday at 5PM! If you’re part of a new startup that leverages information technology — the Internet, computing and communication networks — to help remake the energy industry and fight climate change,
Across the auto industry, companies are on the hunt for electric vehicle launchpads: cities and regions most likely to give the upcoming generation of plug-in cars the smoothest possible entry into the market, and help them move into the mainstream. Many of the factors that come under consideration — a willingness to adopt new technologies, a forward-thinking utility and EV-friendly policies, for example — tend to reflect well on a city, and end up being touted the loudest (e.g. the 
Updated with comments from Google: There’s a battle looming in California over smart meters and energy prices. Google says the state should require its big utilities to give near 