Kevala raises $21M to improve tools for managing energy grid infrastructure [TechCrunch Blog]
SunPower Corporation (SPWR)
Last sunpower corporation earnings: 2/12 04:05 pm
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Source: TechCrunch Blog
KevalaThe company says it will use the funds to grow its team from 60 employees to around 100 by the end of 2021 and increase the deployment of its grid analytics tools.Kevala’s Assessor Platform, its interactive cloud-based grid analytics toolbox, allows a range of energy industry stakeholders to leverage massive quantities of data the company has collected from public sources, as well as from its clients, in order to predict and plan for things like “extreme weather events, renewable energy adoption and increasing demand from vehicle, building and industry electrification,” according to a statement released by the company.Today, there is a greater range of energy sources and receptors than ever before. There’s also more extreme weather conditions, with thelatest power outages in New Orleans due to Hurricane Idasimulate and virtualize AES’s distribution grids in Indiana and Ohio. While Google has big business muscle behind it, Kevala has been working in this space since 2014 and is p
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- SunPower Slides After Disclosing Plans to Restate Earnings [BNN Bloomberg (Canada)]BNN Bloomberg
- Solar company Sunpower flags issues with financial reporting [Yahoo! Finance]Yahoo! Finance
SPWR
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- 2/15/24 - Miss
SPWR
Sec Filings
- 4/23/24 - Form 8-K
- 3/27/24 - Form 144
- 3/26/24 - Form 144
- SPWR's page on the SEC website