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      "text": "1) Improved manufacturing cost\n• Now in-line with large peers, will further improve with scale\n2) New project margins enable target gross margins\n• Target GM 12%-18% at $150m rate/q, 20%+ long-term\n• Achieved 90bps expansion in Q2 on lower revenue, now 58 points higher over 3 quarters\n3) Now in market with 1P solution\n• Significantly enhances market opportunity\n• Now UL certified on 1P, new 140mw 1P award (part of new 1-gigawatt award)\n4) Continued international traction\n• New 120mw award in South Africa,\n• New 300mw award in Spain and Italy. First awards, expands served market\n5) Backlog has grown to $1.6 billion\n• New multi-project awards which include near-term purchase orders on first projects\n6) Continued focus on operating expense\n• Q2 better than range. Will continue to cap overall spend, while supporting growth",
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