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SUNPOWER (NASDAQ: SPWR) STOCK QUOTE

Last Trade: US$0.12
Volume: 0
5-Day Change: 0%
YTD Change: 0%
Market Cap: US$21.550M

LATEST NEWS FROM SUNPOWER

RICHMOND, Calif. , Aug. 12, 2024 /PRNewswire/ -- SunPower Corp. (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that the Company received a notice from the Nasdaq Stock Market LLC ("Nasdaq") that it has determined to delist the Company's common stock on Nasdaq. The delisting is a result of the Company's failure to demonstrate compliance with Nasdaq Listing... Read More
OVERLAND PARK, KS / ACCESSWIRE / August 8, 2024 / Tortoise Capital today announced that SunPower Corp (NASDAQ:SPWR) will be removed from the Tortoise Decarbonization Infrastructure Index SM (DCRBN) as a result of its announced bankruptcy and asset purchase agreement with Complete Solaria, Inc. SPWR will be removed from the index when the market opens on Aug. 9, 2024. Special rebalancing is not required for DCRBN. SPWR will... Read More
NEW YORK , Aug. 6, 2024 /PRNewswire/ -- SolarWinds Corp. (NYSE: SWI) will replace SunPower Corp. (NASD: SPWR) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, August 9 . SunPower has filed for Chapter 11 bankruptcy and is no longer eligible for continued inclusion in the S&P SmallCap 600. Following is a summary of the changes that will take place prior to the open of trading on the effective date:... Read More
Files voluntary Chapter 11 petitions to effectuate the proposed transaction Intends to operate Blue Raven Solar and New Homes through the Chapter 11 process Pursues value-maximizing sale transactions for remaining assets RICHMOND, Calif. , Aug. 5, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced it has... Read More
RICHMOND, Calif. , June 3, 2024 /PRNewswire/ -- Today, SunPower (NASDAQ:SPWR) announced it has drawn upon the $50 million second tranche of the $175 million second lien term loan from Sol Holding , LLC (" Sol Holding ") that it announced in February 2024 . Sol Holding , which is owned jointly by affiliates of TotalEnergies SE and Global Infrastructure Partners, is the majority owner of SunPower's common stock. "Today's... Read More
With storage attach-rates soaring, SunPower adds most-requested battery storage to its offerings SunPower Financial introduces loan and lease financing for Powerwall 3, making home backup even more accessible RICHMOND, Calif. , May 22, 2024 /PRNewswire/ -- SunPower (NASDAQ:SPWR), America's highest-rated † residential solar energy company, today announced it will now be offering Tesla Powerwall 3 as part of its curated... Read More
RICHMOND, Calif. , May 20, 2024 /PRNewswire/ -- SunPower (NASDAQ:SPWR) received on May 17, 2024 , a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission (the "SEC"), as a result of not having... Read More
RICHMOND, Calif. , March 21, 2024 /PRNewswire/ -- SunPower (NASDAQ:SPWR) received on March 20, 2024 , a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires timely filing of all required periodic financial reports with the SEC, as a result of not having timely filed the Form 10-K with the... Read More
Tony Garzolini rejoins the company in a newly created role as SunPower deepens focus on profitability and Dealer experience RICHMOND, Calif. , March 14, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) a leading residential solar technology and energy services provider, today announced the appointment of residential solar and home energy veteran, Tony Garzolini , as Executive Vice President and Chief Revenue Officer (CRO).... Read More
RICHMOND, Calif. , Feb. 29, 2024 /PRNewswire/ - - SunPower Corp. (NASDAQ:SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that it filed a Form 12b-25 with the Securities and Exchange Commission to provide notice of the delayed filing of its Annual Report on Form 10-K ("Form 10-K") for the fiscal year ended December 31, 2023. SunPower requires... Read More
Board establishes Office of the Chairman to lead business operations as Peter Faricy departs Board is conducting a comprehensive CEO search RICHMOND, Calif. , Feb. 27, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that Chief Executive Officer (CEO) Peter Faricy has departed the Company, effective February... Read More
Builds on the recent capital raise to provide SunPower with access to more than half a billion dollars in financing RICHMOND, Calif. , Feb. 23, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that it has secured over $300 million in project financing commitments from funds managed by Apollo (NYSE: APO) (the... Read More
RICHMOND, Calif. , Feb. 20, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) a leading residential solar technology and energy services provider, today announced Tom Werner as Executive Chairman of the Board, effective Feb. 19, 2024 . "As we move forward into our next era and navigate this critical moment for our industry, we are pleased to welcome Tom Werner back to SunPower," said Peter Faricy , SunPower's CEO. "Tom's... Read More
Added 16,000 customers in Q4, 75,900 new customers in FY 2023 Reported Q4 revenue of $357 million ; FY 2023 revenue of $1.7 billion Reported Q4 GAAP Net Loss of ($124) million and Adjusted EBITDA of ($68) million ; FY 2023 GAAP Net Loss of ($247) million and Adjusted EBITDA of ($84) million Announced $175 million of additional capital and $25 million of additional revolving debt capacity RICHMOND, Calif. , Feb. 15, 2024... Read More
Obtains $175 million of capital and $25 million of additional revolving debt capacity, long-term waivers Provides up to $155 million of additional liquidity RICHMOND, Calif. , Feb. 15, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR) (the "Company" or "SunPower"), a leading residential solar technology and energy services company, today announced that it has raised $175 million in capital financing through a second lien... Read More
RICHMOND, Calif. , Feb. 1, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that it has received additional waiver extensions from Atlas Securitized Products Holdings, L.P., and Bank of America, providing for the extension of the latest temporary waivers until February 16, 2024 . Additionally, the Company... Read More
Event to be webcast online at https://investors.sunpower.com/events-and-presentations RICHMOND, Calif. , Jan. 22, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) will discuss its full year and fourth quarter 2023 financial results on Thursday, Feb. 15 at 8:00 a.m. ET . Analysts intending to participate in the Q&A session must register for a personal link and dial-in at:... Read More
RICHMOND, Calif. , Nov. 27, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR) received on November 22, 2023 , a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that, as a result of not having timely filed the Form 10-Q with the SEC, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires timely filing of all required periodic financial reports with the... Read More
Poppy Grove affordable housing community in Northern California to include rooftop solar as an amenity, helping 387 families save on their monthly electricity bill RICHMOND, Calif. , Nov. 14, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, plans to install over 1 megawatt of solar at Poppy Grove in Elk Grove, CA , making it one of the largest affordable... Read More
Added 18,800 customers in Q3, entering Q4 with a backlog of 18,400 retrofit customers and 38,000 New Homes customers GAAP Q3 Revenue of $432 million Reported Q3 GAAP Net Loss of $(32) million ; adjusted EBITDA of $(1) million Updated guidance for remainder of 2023 Increased bookings 59% month-over-month in September More than doubled SunPower Financial bookings growth quarter-over-quarter, attach rates exceed 50% RICHMOND,... Read More
SunPower grows New Homes footprint in eight states including expanded agreements with Meritage Homes and Toll Brothers Builders respond to rising energy bills and power outages with renewable energy RICHMOND, Calif. , Oct. 31, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced it signed deals with four new home builders for solar standard... Read More
RICHMOND, Calif. , Sept. 21, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) will discuss its third quarter 2023 financial results on Wednesday, Nov. 1 at 8:00 a.m. ET . Analysts intending to participate in the Q&A session must register for a personal link and dial-in at: https://register.vevent.com/register/BI96173d8484274738917b9dc19795f661 . The results are scheduled to be released at 7:45 a.m. ET . The live audio... Read More
Solar-powered storage built to increase storage capacity, optimize space New cost saving features help California residents maximize savings under new home solar tariff policy RICHMOND, Calif. , Sept. 7, 2023 /PRNewswire/ -- Today SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, announced the general availability of its most powerful SunVault® energy storage solution along with new... Read More
SunPower Foundation seeking applications for clean energy education and workforce training programs that target underrepresented groups RICHMOND, Calif. , Sept. 6, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced three new grant programs to ensure solar benefits all Americans. These grants are funded by SunPower Foundation, the company's... Read More
RICHMOND, Calif. , Aug. 11, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading residential solar technology and energy services provider, released a statement regarding its supply agreement negotiations with Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN). SunPower is currently in discussions with Maxeon regarding a dispute over alleged breaches of master supply agreements. During this process, SunPower intends to... Read More
Added 20,400 customers in Q2, entering Q3 with backlog of 20,000 retrofit customers and 39,000 New Homes customers Increased GAAP Revenue 11% year-over-year Reported Q2 GAAP Net Loss of ($30) million, Adjusted EBITDA of ($3) million Previously announced updated Guidance to reflect current market conditions SunPower Financial™ to become ADT Solar's exclusive lease and PPA provider RICHMOND, Calif. , Aug. 1, 2023 /PRNewswire/... Read More
SunPower Financial to offer low-cost lease and PPA options to ADT Solar customers beginning this year Further establishes SunPower Financial as the solar financier of choice for homeowners nationwide RICHMOND, Calif. , Aug. 1, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced that ADT Solar, a division of ADT Inc. (NYSE: ADT), has entered into an... Read More
Preliminary second quarter GAAP Net Loss of ($30) million , Ad justed EBITDA of approximately ($3) million Preliminary second quarter customer growth of 20,400 new customers Preliminary second quarter Revenue of $464 million , 11% higher year-over-year Reduced 2023 outlook for customer growth and Adjusted EBITDA RICHMOND, Calif. , July 26, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and... Read More
Independent study, commissioned by SunPower, finds 88% of respondents would consider switching to solar but perceived cost to switch holding them back Nearly 250 million Americans unaware of the $369 billion in federal clean energy benefits and tax credits available in the IRA RICHMOND, Calif. , June 28, 2023 /PRNewswire/ -- With grid energy costs increasing steadily, American consumers are making sacrifices to pay their... Read More
Event to be webcast online at https://bit.ly/spwrearnings RICHMOND, Calif. , June 27, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) will discuss its second quarter 2023 financial results on Tuesday, August 1 at 8:00 a.m. Eastern Time . Analysts intending to participate in the Q&A session must register for a personal link and dial-in at https://register.vevent.com/register/BI48b45e1a95444ba288520060aea99e7c . The results... Read More
RICHMOND, Calif. , May 18, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services company, today announced that Audrey Zibelman has been appointed to its board of directors. Zibelman brings extensive experience driving innovation and leading the transition to clean energy at large organizations in the private and public sectors as a board member, CEO and government leader. "Audrey... Read More
RICHMOND, Calif. , May 15, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services company, today announced that Elizabeth "Beth" Eby has been appointed as its Chief Financial Officer (CFO), effective May 30, 2023 . Eby is a seasoned executive who brings more than 30 years of experience in financial strategy, execution and governance at Fortune 50 and publicly traded technology... Read More
Added 21,000 customers in Q1, 27% growth year-over-year; enters Q2 with backlog of 23,000 retrofit customers Increased Revenue 26% and 32% year-over-year on a GAAP and non-GAAP basis, respectively Reported Q1 GAAP Net Loss of $51M , Adjusted EBITDA of $1M Invested in Wolf River Energy, accelerating coverage in Midwest Secured new capital to fund $1B of solar loans RICHMOND, Calif. , May 3, 2023 /PRNewswire/ -- SunPower Corp.... Read More
RICHMOND, Calif. , May 3, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, and KKR (NYSE: KKR), a leading global investment firm, today announced that they have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction, which is... Read More
RICHMOND, Calif. , May 1, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services company, today announced Jennifer Johnston as its new Executive Vice President and Chief Operating Officer, effective May 8, 2023 . As COO, she will oversee SunPower's operations and customer care organizations. Johnston brings more than two decades of experience leading teams in operations,... Read More
Latest addition to SunPower's Dealer Accelerator Program to accelerate adoption of SunPower solutions in Minnesota , Iowa , Wisconsin and beyond Wolf River Electric now SunPower's third largest dealer RICHMOND, Calif. , April 27, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading solar technology and energy services provider, announced it made a minority investment in one of the largest residential solar providers in... Read More
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Thousands of SunPower customers in California can now connect to OhmConnect's energy-saving platform and easily get paid when providing stored solar power back to grid RICHMOND, Calif. , April 25, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading solar technology and energy services provider, and OhmConnect , the leading... Read More
Solar panel donation supports affordable, energy-efficient housing for low-income families in Sacramento SunPower employees volunteer at Cornerstone community in honor of Earth Day RICHMOND, Calif. , April 19, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced it is enabling Habitat for Humanity of Greater Sacramento's affordable housing community,... Read More
RICHMOND, Calif. , April 13, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today recognized five of its dealers for exceptionally designed and deployed solar projects commissioned in 2022. SunPower serves over half a million homes across the country, supported by a robust network of more than 850 dealers. "At SunPower we want a customer's solar system to be more... Read More
RICHMOND, Calif. , April 12, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced that it has secured financing commitments of more than $450 million for its residential solar and storage loan program from HASI (NYSE: HASI), a leading investor in climate solutions, and from Crédit Agricole CIB, a pioneer in sustainable finance. The vehicle will... Read More
Event to be webcast online at: https://edge.media-server.com/mmc/p/wessi4y9 RICHMOND, Calif. , April 6, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR) will discuss its first quarter 2023 financial results on Wednesday, May 3 at 8:00 a.m. Eastern Time . Analysts intending to participate in the Q&A session must register for a personal link and dial-in at... Read More
Arkansas dealer Stitt Solar and Illinois -based Sun N Us receive designation for customer service excellence, superior results, dedication to SunPower brand and mission RICHMOND, Calif. , March 29, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced it designated Stitt Solar and Sun N Us Solar LLC as Master Dealers. The Master Dealer program is... Read More
Roku CFO brings extensive business strategy and development experience at high growth companies across technology, retail, and financial services RICHMOND, Calif. , March 14, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced the appointment of Steve Louden to its Board of Directors. Louden brings more than 30 years of strategy and financial experience... Read More
SunPower's Head of Policy & Strategy, Suzanne Leta , will be joined on the SXSW stage by Jennifer Hiller , energy reporter at The Wall Street Journal, Walter McLeod , Founder of non-profit Black Owners of Solar Services (B.O.S.S.), and Ethan Zindler , Head of Americas at BloombergNEF SunPower to co-host invite-only event with Rewiring America RICHMOND, Calif. , Feb. 22, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a... Read More
Achieved record Q4: added nearly 24,000 customers; Revenue of $497 million , 43% growth YoY Reported Q4 GAAP Net Income of $8 million and Adjusted EBITDA of $36 million Added 83,000 customers and drove Revenue of $1.7 billion in 2022, 53% growth YoY Reported 2022 GAAP Net Income of $56 million and Adjusted EBITDA of $95 million Entered 2023 with strong balance sheet: $48 million Net Recourse Debt, repaid $425 million... Read More
Expands multifamily solar projects with three new developers in California RICHMOND, Calif. , Jan. 31, 2023 /PRNewswire/ -- Today, SunPower Corp . (NASDAQ: SPWR), a leading residential solar technology and energy services provider, announced three new customers in its multifamily solar business , underscoring the company's progress toward making it easier for developers to adopt solar while passing along energy savings to... Read More
New terms expand supply agreement through 2025 RICHMOND, Calif. , Jan. 5, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading residential solar technology and energy services provider, and Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, have announced the extension of their supply relationship through 2025. Today's updated agreement helps SunPower meet rising... Read More
Event to be webcast online at: http://investors.sunpower.com/events.cfm RICHMOND, Calif. , Dec. 14, 2022 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) will discuss its fourth quarter 2022 financial results on Wednesday, February 15 at 5 p.m. Eastern Time . The conference call can be accessed live by registering at https://edge.media-server.com/mmc/p/kqr37kfz . The results are scheduled to be released at 4:45 p.m. ET . The... Read More
Added a record 23,000 customers in the third quarter, a 63% increase YoY Accelerated revenue growth 67% YoY Reported Net Income attributable to stockholders of $139M , Adjusted EBITDA of $33M which more than doubled Q2 results Announced collaboration with General Motors to develop home energy system; General Motors named SunPower as exclusive solar provider RICHMOND, Calif. , Nov. 8, 2022 /PRNewswire/ -- SunPower Corp.... Read More
SunPower, KB Home, University of California, Irvine , Schneider Electric, Southern California Edison and Department of Energy team up to create a blueprint for new home communities of the future Neighborhoods use solar systems paired with battery storage to create a self-supporting microgrid for sustainable, reliable, grid-supporting energy source SunPower Corp. (NASDAQ: SPWR), University of California, Irvine (UCI),... Read More
SunPower Corp. (NASDAQ: SPWR), a leading solar, storage and energy services provider in North America , is proud to share that its SunVault™ battery storage system was named as a winner in Good Housekeeping 's 2022 Home Renovation Awards in the Biggest Energy Savers category. A full list of winners can be found online at https://www.goodhousekeeping.com/home/renovation/a40785189/home-renovation-awards-2022/ . Blackouts due... Read More
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Collaboration enables bi-directional charging starting with the retail launch of the 2024 Chevrolet Silverado EV, helping homeowners take more control of their energy needs SunPower named GM's exclusive solar provider and a preferred EV charger installer Today, SunPower Corp. (NASDAQ:SPWR), a leading residential solar... Read More
SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services company, announced Eileen Evans as its new Chief Legal Officer. Evans brings more than 25 years of legal and technology business experience to SunPower including commercial transactions, merger and acquisition integration, intellectual property, litigation, investigations, compliance, and corporate matters. Evans most recently served as chief legal... Read More
New investments and strategic alliances support the economic and resiliency benefits of solar and storage across the nation Teams up with McKinsey & Company, GRID Alternatives and Solar Energy International to help attract, retain and train women for careers in solar Today SunPower (NASDAQ: SPWR), a leading residential solar technology and energy services provider, unveiled progress toward the Company's diversity, equity,... Read More
With the introduction of 19.5 and 39 kWh versions, SunVault can be right-sized for almost any home with modularity and scale Today SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, expanded its portfolio of energy storage products with the launch of a 19.5 kWh and 39 kWh SunVault. These new battery configurations offer increased energy density and maximize space within the battery... Read More
SunPower Dealer Accelerator Program designed to propel solar dealer growth and accelerate proliferation of SunPower's solar, storage and financing products SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced it has made minority investments in EmPower Solar and Renova Energy. With these investments, Renova and EmPower are the newest additions to SunPower's Dealer... Read More
Event to be webcast online at: http://investors.sunpower.com/events.cfm SunPower Corp. (NASDAQ:SPWR) will discuss its third quarter 2022 financial results on Tuesday, November 8 at 8:30 a.m. Eastern Time . The conference call can be accessed live by registering at https://register.vevent.com/register/BI45f40baae7fb4eb19531e810dd5b7edb . The results are scheduled to be released at 8:05 a.m. ET . The live audio webcast and... Read More
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IKEA Family loyalty members now have exclusive access to high-quality and affordable SunPower home solar system packages To continue its ambition to make sustainable living more accessible and affordable, IKEA U.S. has teamed up with SunPower Corp. (NASDAQ: SPWR), a leading solar technology and energy services provider, to... Read More
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Added a record 19,700 customers in the second quarter, a 51% increase YoY Accelerated revenue growth to 63% YoY Achieved backlog of 53,000 retrofit and new homes customers Delivered strong gross margin: 20% GAAP, 21% non-GAAP Announced strategic relationship with IKEA U.S. to reach new customers and simplify the solar buying... Read More
Event to be webcast online at: http://investors.sunpower.com/events.cfm SunPower Corp. (NASDAQ:SPWR) will discuss its second quarter 2022 financial results on Tuesday, August 2 at 8:30 a.m. Eastern Time . The conference call can be accessed live by registering at https://register.vevent.com/register/BI8045a492c8dd47d6be8faf25537fcfbd . The results are scheduled to be released at 8:05 a.m. ET . The live audio webcast and... Read More
Makes new commitments to decarbonize operations by converting its U.S. Fleet to Hybrid and Electric Vehicles Today, SunPower Corp. (NASDAQ:SPWR) released its 2021 Environmental, Social and Governance (ESG) report. The report provides an update on its ESG programs and defined its ESG goals and commitments that set a new standard for the solar industry. "A focus on ESG is built into our mission and fundamental to the impact we... Read More
Global Infrastructure Partners (GIP) and TotalEnergies have formed a strategic partnership to advance their commitment to the U.S. renewable energy sector. TotalEnergies will acquire half of GIP's interest in Clearway Energy Group (Clearway), a privately held renewable development company that owns a controlling stake with a 42% economic interest in Clearway Energy, Inc. (NYSE: CWEN. CWEN.A). In consideration, GIP will... Read More
Home Solar with IKEA set to launch in Fall 2022 in select California locations for IKEA Family loyalty members IKEA U.S. and SunPower Corp. (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced that they are teaming up to make solar energy easier to access. Through this collaboration, members of the IKEA Family customer loyalty program will be able to purchase home solar... Read More
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Recorded $350 million GAAP revenue, including record-high $336 million non-GAAP residential revenue, 41% year-over-year residential growth Added 16,500 customers, 40% year-over-year growth Entered second quarter with a record 13,800 backlog, up 169% year-over-year Advancing industry leadership with late-stage discussions to... Read More
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Solar Design and Installation for Coastal Beverage Company Earn Prestigious Award Local solar installation company, Cape Fear Solar Systems was selected as SunPower's regional commercial Intelegant Award winner for their outstanding solar panel design and installation at Coastal Beverage Company. The SunPower Intelegant Award... Read More
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Events to be webcast at: http://investors.sunpower.com/events.cfm SunPower Corp. (NASDAQ:SPWR) will discuss its first-quarter 2022 financial results on a conference call, Thursday, May 5 at 1:30 p.m. Pacific Time . The call-in number is (877) 371-5747 conference ID 5479606, passcode: SunPower, or the webcast can be accessed... Read More
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Winners selected from company's network of more than 800 small and medium-sized solar businesses spanning across the U.S. SunPower (NASDAQ: SPWR), a leading residential solar technology and energy services provider, recognized eight of its dealers for exceptionally designed and deployed solar projects commissioned in 2021. The... Read More
Aims to boost solar adoption and galvanize renewable energy economy with investments in local solar businesses Entered agreements with Freedom Solar Power and Sea Bright Solar SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced it launched the SunPower Dealer Accelerator Program. Through the program, SunPower is making investments in local solar dealers to advance... Read More
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Homeowners can use more electric appliances for longer during a blackout Industry-leading, unlimited use warranty now standard for all SunVault customers SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, announced that its battery storage system, SunVault™ Storage, now provides... Read More
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SunPower Corp. (NASDAQ:SPWR), a leading solar energy and energy solutions provider, will host its Analyst Day on March 31, 2022 , in San Diego , California. Programming will begin at 8:00am Pacific Time and run through noon. SunPower's Analyst Day will include presentations from the company's executive leadership team on new... Read More
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SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, and Landsea Homes Corporation (Nasdaq: LSEA), a publicly traded residential homebuilder, today announced a multi-year exclusive agreement in which SunPower will be the only provider of solar technology to Landsea Homes across the nation.... Read More
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SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for its fourth quarter ended January 2, 2022 in line with the preliminary results shared last month. As previously disclosed, SunPower took a $27 million supplier-quality charge in fourth quarter 2021. The... Read More
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TotalEnergies (NYSE:TTE) today announced it has signed a definitive agreement with SunPower Corp.'s (NASDAQ:SPWR) to purchase its Commercial & Industrial Solutions (CIS) business for $250 million , including $60 million of earn-out, subject to regulatory evolution. TotalEnergies is the majority shareholder of SunPower, a... Read More
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SunPower Corp . (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced the appointments of Vinayak Hegde and Vincent Stoquart to its Board of Directors. The changes reflect a thoughtful and strategic approach to cement SunPower's position as a leading residential solar company. "Core to our... Read More
SunPower Corp . (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced the appointment of consumer marketing veteran June Sauvaget as the company's chief marketing officer (CMO). As adoption of solar accelerates – on track to grow over 25% year over year according to Wood Mackenzie – the typical solar owner is transforming to include consumers across generations, regions and income brackets.... Read More
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Amidst the largest step taken in American history by Congress to tackle climate change with the Build Back Better Act legislation, the California Public Utilities Commission (CPUC) issued a proposed decision impacting the state's Net Energy Metering (NEM) clean energy policy. NEM currently allows California homeowners with... Read More
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SunPower Corp . (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced SunPower Financial™, a financial services institution designed to make renewable energy affordable for more American homeowners. SunPower Financial will also expand access to underserved populations by supporting a new line... Read More
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Today, SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, announced the launch of its Virtual Power Plant (VPP) solution, enabling SunVault™ energy storage customers to get paid for allowing the utility to use stored energy during peak demand and contribute to a more stable power grid in... Read More
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SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for its third quarter ended October 3, 2021 . Residential demand remains strong with record lead generation and 14,200 new customers, up 29% versus a year earlier. New homes market accelerated growth with... Read More
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SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, and The New Home Company (NEW HOME), a top 50 homebuilder focused on creating a new generation of innovative homes, today announced that NEW HOME is making solar systems, battery storage and at-home electric vehicle (EV) chargers standard... Read More
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SunPower Corp. (NASDAQ:SPWR) will discuss its Third-quarter 2021 financial results on a conference call, Wednesday, November 3 at 1:30 p.m. Pacific Standard Time . The call-in number is (877) 371-5747 conference ID 7999541, passcode: SunPower, or the webcast can be accessed from SunPower's website at... Read More
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Today, SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, announced it acquired Blue Raven Solar, one of the fastest growing residential solar providers in the U.S. Blue Raven's growth trajectory and complementary geographic footprint is expected to provide SunPower a path to quickly expand... Read More
SunPower Corp. (NASD: SPWR) will replace Cimarex Energy Co. (NYSE: XEC) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday, October 5 . S&P 500 constituent Cabot Oil & Gas Corp. (NYSE: COG) is acquiring Cimarex Energy in a deal expected to close on October 1 . Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action... Read More
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Today SunPower Corp. (NASDAQ: SPWR), a leading solar technology and energy services provider, launched SunPower 25X25, its new justice, diversity, equity and inclusion (JDE&I) commitments designed to ensure the resiliency and economic benefits of distributed solar and battery storage serve American families, job-seekers and... Read More
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High profile grid failures, power outages and mounting electricity bills are driving many U.S. homeowners to strongly consider and purchase solar with attached storage, according to a new survey released today by SunPower Corporation (NASDAQ:SPWR). The 2021 SunPower Energy Sense Index surveyed 1,500 homeowners in the U.S. to... Read More
Wallbox , a leading provider of electric vehicle (EV) charging solutions, today summarized its first half 2021 business highlights, including revenues for the six months ended June 30, 2021 . First Half 2021 Business Highlights First half 2021 revenues increased more than 300% versus first half 2020 and were 15% ahead of budgeted expectations. Launched Pulsar Plus, the company's best-selling product globally, in the U.S.... Read More
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SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for its second quarter ended July 4, 2021. "Consumer demand for better, more resilient energy is increasing and with more than 100 million homes in the U.S. that could benefit from solar and storage, we see... Read More
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SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced it is teaming up with Wallbox, a leading provider of electric vehicle (EV) charging solutions, to make the switch to an electric lifestyle more convenient, affordable, and sustainable. Through the strategic alliance, new... Read More
SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, and Woodside Homes, one of the top 30 homebuilders in the U.S., today announced that Woodside Homes is now offering SunPower® solar and SunVault™ battery storage systems to owners and buyers in all its Northern California communities. As grid shortages and planned blackouts continue to impact Northern California residents, the companies... Read More
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SunPower Corp. (NASDAQ:SPWR) will discuss its second-quarter 2021 financial results on a conference call, Tuesday, August 3 rd at 1:30 p.m. Pacific Time . The call-in number is (877) 371-5747 passcode: SunPower, or the webcast can be accessed from SunPower's website at http://investors.sunpower.com/events.cfm . The earnings... Read More
SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced it has further delevered its balance sheet with the full retirement of its 2021 convertible bond. "The full repayment of our 2021 convertible bond, in addition to the repayment of our CEDA loan in the second quarter, materially reduces recourse debt while improving our expected return on invested capital," said Peter Faricy... Read More
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SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for its first quarter ended April 4, 2021 . "While demand is soaring, less than three percent of U.S. homes currently have solar and storage and penetration is still in its infancy. To significantly increase... Read More
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SunPower Corp. (NASDAQ:SPWR) will discuss its first-quarter 2021 financial results on a conference call, Wednesday, May 5th at 5:30 a.m. Pacific Time . The call-in number is (888) 771-4371 passcode: SunPower, or the webcast can be accessed from SunPower's website at http://investors.sunpower.com/events.cfm . The earnings press... Read More
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SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, announced new projects with Baltimore County to cover two closed landfills with solar systems. These projects are expected to generate upwards of 30 megawatts (MW) of clean energy, equivalent to the power used by one third of the County's... Read More
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SunPower (NASDAQ:SPWR) today announced that has repaid its $30 million , 8.5 percent fixed interest loan with the California Enterprise Development Authority (CEDA). The company is also planning on retiring the balance of its outstanding 2021 convertible bond issue during the second quarter. "The early repayment of our CEDA... Read More
SunPower Corporation (NASDAQ: SPWR) today announced seasoned legal leader Regan MacPherson as its new executive vice president and chief legal officer. She brings more than 20 years of legal expertise to SunPower, including work in corporate law and governance, mergers and acquisitions, securities and transactional work and managing legal risk while achieving business objectives. MacPherson replaces Ken Mahaffey who has... Read More
SunPower (NASDAQ:SPWR) today announced that it will name Peter Faricy as chief executive officer (CEO), following Tom Werner's decision to retire from the company. Faricy will assume his new position effective April 19, 2021 . To ensure a smooth transition, Werner will continue in his role of chairman of the board of directors, planned to be six months. At the end of this period, the intent of the board of directors is to... Read More
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SunPower Corp. (NASDAQ:SWPR) today announced new Ultra-Low Annual Percentage Rate (APR) loans for residential solar and storage customers. The company's new offerings include rates as low as 0.99% for a 15-year loan and 1.99% for a 25-year loan. The loans, offered through Technology Credit Union (TCU), are available for the... Read More
SunPower Corp . (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for its fourth quarter and fiscal year ended January 3, 2021. "2020 was a transformational year for SunPower: we successfully completed the spin-off of Maxeon, significantly improved our financial performance and rapidly shifted our sales strategy to meet increasing U.S. demand as consumers and businesses... Read More
SunPower (NASDAQ:SPWR), a leading solar technology and energy services company, recognized seven of its dealers for exceptionally designed and deployed solar projects commissioned in 2020. The awards were given at the company's annual dealer conference, held virtually on Feb. 3 and 4, 2021. SunPower's installing dealer base of more than 540 small and medium-sized businesses provide localized sales, installation and support... Read More
SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced the new mySunPower™ app, the company's new experience for homeowners to review and manage their energy generation, consumption, and battery storage settings from a mobile device. The new mySunPower app for monitoring will be available for download for SunPower Equinox® customers on Feb. 16 on the Apple App Store and Google... Read More
Events to be Webcast at: http://investors.sunpower.com/events.cfm SunPower Corp. (NASDAQ:SPWR) will discuss its fourth-quarter and fiscal year 2020 financial results on a conference call, Wednesday, Feb. 17 th at 1:30 p.m. Pacific Time . The call-in number is (877) 371-5747 passcode: SunPower, or the webcast can be accessed from SunPower's website at http://investors.sunpower.com/events.cfm . The earnings press release and... Read More
SunPower (NASDAQ:SPWR), a leading solar technology and energy services provider, and EagleView, a leading technology provider of aerial analytics, today announced a new agreement to reduce solar installation timelines and costs. SunPower has combined EagleView's high-resolution Roof Reports with the new mySunPower™ Home Survey app, enabling our solar installers and contractors to create precise, construction-ready solar... Read More
SunPower Corporation (NASDAQ:SPWR), a leading solar and energy storage technology and services provider, today announced the election of Suzanne Leta , head of policy and strategy, to the executive committee of the Solar Energy Industries Association (SEIA) Board of Directors. With the incoming Biden-Harris administration, Leta will work to build diverse, bipartisan coalitions to advance policies that accelerate the... Read More
As demand for solar increases across the country, SunPower (NASDAQ: SPWR), a leading solar technology and energy services provider, is announcing plans to significantly expand its SunPower Residential Installation (SPRI) program this year. SunPower plans to launch SPRI presence in seven new markets across six states by the end of Q2 2021. SPRI enables local companies and entrepreneurs to create or expand their solar energy... Read More

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