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Sunpower banks on steam to propel its next growth phase

Director also calls company's recent share sale a "sad story" that should not repeat in future

The good thing about producing steam compared to other kinds of utilities services, is that payment is always in advance, says Mr Ma.


WINTER is a good time for steam producers. The additional revenue from providing heating during winter is partly the reason why Sunpower is expecting to pull in a stronger set of results for the final quarter of 2018.

The other reasons are that the three-month period will...