The chief executive of SunPower Corp said the industry would improve in the latter half of next year.
The firm also plans to reduce its workforce by an additional 25% as well as closing one plant as part of a cost-cutting plan which was revealed last month.
Chief executive Tom Werner said: “We are planning for price stability, meaning they won’t materially decrease or impair.
“They might be plus or minus a few percent, maybe five percent, on a high side percent, so we expect stabilisation, not necessarily price increase.”
SunPower is majority owned by Total. It said In November it would lower operating costs in 2017 to about $350million, compared with $450.9million last year.