SunPower
SunPower Inc. designs, installs, and finances residential solar and battery storage systems for homeowners across 45 U.S. states, operating through direct sales, a dealer network, and homebuilder partnerships. The company serves over 427,000 customers with high-efficiency monocrystalline panels, Enphase batteries, and proprietary Monolith panels.
- Company typePublic
- Founded2010
- HeadquartersRichmond, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What SunPower does
SunPower Inc. (NASDAQ: SPWR) designs, manufactures, and installs residential solar and energy storage systems across 45 U.S. states, serving a base of over 427,000 homeowners. The current company was formed when Complete Solaria acquired the brand, intellectual property, and operating assets of the original SunPower Corporation for $45 million through Chapter 11 bankruptcy proceedings in September 2024, subsequently rebranding under the SunPower name in April 2025 and reclaiming the SPWR Nasdaq ticker. The company is led by T.J. Rodgers, who founded Cypress Semiconductor and previously led original SunPower through its 2005 IPO.
SunPower's product portfolio combines proprietary and partnered solar hardware: high-efficiency monocrystalline panels, the new Monolith 470W panel (launched January 2026 with exclusive U.S. rights under a joint development agreement with REC Group), and integrated Enphase IQ Battery storage systems (10C and 5P models with 15-year warranties). A bifacial panel variant exceeding 500W is in development. The company sells complete residential solar systems, battery storage, and turnkey new-construction solar solutions through home builder partnerships, while also offering commercial and multifamily solar installations.
The business model spans multiple go-to-market channels: direct-to-consumer sales via website and phone, an expanded dealer network (including Blue Raven Solar), builder partnerships for new construction, and the New Homes division. Revenue is generated through four pricing structures: cash purchase, solar loans, leases, and Power Purchase Agreements (PPAs), supported by over $450 million in HASI/Crédit Agricole CIB loan financing and $300 million in Apollo-led project financing. Recent acquisitions of Sunder Energy (September 2025, $50 million), Ambia Solar (November 2025, $37.5 million), and Cobalt Power Systems (January 2026, $12 million) have driven geographic expansion and revenue scaling, reaching $300 million in audited FY2025 revenue.
SunPower firmographics
Firmographics- Name
- SunPower
- Legal name
- SunPower Inc.
- Website
- https://us.sunpower.com
- Company type
- Public
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- SunPower Inc. designs, installs, and finances residential solar and battery storage systems for homeowners across 45 U.S. states, operating through direct sales, a dealer network, and homebuilder partnerships. The company serves over 427,000 customers with high-efficiency monocrystalline panels, Enphase batteries, and proprietary Monolith panels.
- Ownership category
- akta.pro rank
SunPower industry classification
Industry- Product category
- Residential Solar Energy Systems
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- PV Mounting & Tracking Systems (Fixed-Tilt, Single-/Dual-Axis Trackers) (EUACAGAD), Solar Balance-of-System Components (Cables, Combiner Boxes, Switchgear, Transformers) (EUAMABAG)
Keywords
Where SunPower is headquartered
LocationHeadquarters
- HQ city
- Richmond
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
SunPower business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Residential Solar Installation: Installation of solar panel systems for homeowners including design, permitting, and professional installation services
- Solar Battery Storage: Integrated battery storage systems using Enphase IQ batteries (10C and 5P models) for energy storage and backup power
- Solar Financing Programs: Third-party ownership options including leases and Power Purchase Agreements (PPAs), along with loan financing facilitation
- New Homes Division: Solar integration for new home construction through builder partnerships, including multifamily and light commercial segments
- Dealer Network: Revenue from Blue Raven Solar and dealer network sales activities, including non-installing dealer partnerships
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Cash Purchase - Full ownership |
| Subscription | Monthly | Loan Financing |
| Subscription | Monthly | Solar Lease |
| Usage-based | Pay-as-you-go | Power Purchase Agreement (PPA) |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
SunPower product offering
Product offeringCore offering
SunPower designs, sells, and installs residential solar panel systems paired with Enphase battery storage (IQ Battery 10C and 5P). The company offers end-to-end service including consultation, system design, permitting, installation, and activation, supported by flexible financing options (cash purchase, loans, leases, and Power Purchase Agreements). The Monolith 470W solar panel, launched January 2026 in partnership with REC Group, is the company's flagship product with exclusive U.S. rights.
Product overview
SunPower delivers an integrated residential solar and energy ecosystem combining hardware products, financing, and services. The core offering is its residential solar panel installation service, which uses monocrystalline panels and microinverters. This core is extended by Enphase IQ Battery 10C (10 kWh modular LFP storage) and Enphase IQ Battery 5P (5 kWh compact storage) add-on modules, which integrate with solar systems to provide backup power, energy optimization, and NEM 3.0 adaptation. The Monolith 470W panel (January 2026, REC Group partnership) represents SunPower's first proprietary-label solar module with exclusive U.S. rights. Financing Options (loans, leases, PPAs) and Solar Tax Credits advisory services support customer acquisition. Separate specialized tracks cover New Homes (builder-partnered solar for new construction with 10–15-year warranties), Multifamily Solar (rooftop, carport, flat-roof systems with code compliance support), and the Builder Partnership Program. Together these products form an end-to-end residential energy ecosystem spanning consultation, design, installation, storage, financing, and ongoing monitoring via the Enphase Enlighten app.
Differentiator
Problem solved
Functional benefit
Brands
- Blue Raven Solar: Residential solar brand acquired through SunPower Corporation bankruptcy, focusing on residential solar sales and installation.
- TCL Solar
- Monolith
Products and services
- Residential Solar Systems
Quantifiable outcome
- 90% Net Promoter Score from Starbucks commercial projects
- +3 more outcomes
Companies that use SunPower
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
SunPower technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
SunPower partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- REC GroupcoreJoint development agreement to design, engineer, and commercialize high-wattage frameless bifacial solar panels for residential and light commercial applications. SunPower has exclusive rights to the production-ready REC Alpha Pure-TX 470W Monolith panel. Companies are developing bifacial variant expected to exceed 500W output.
- Enphase EnergycorePartnership for battery storage systems including Enphase IQ Battery 10C (10 kWh, 15-year warranty) and IQ Battery 5P (5 kWh). SunPower integrates Enphase microinverters and monitoring apps into solar installations. CEO T.J. Rodgers serves on Enphase board.
- PalmettocorePartnership providing LightReach financing for homeowners. SunPower achieved Palmetto Platinum Partner status with 40 consecutive weeks of zero-defect data entry. Partnership makes home battery storage more affordable with no upfront costs.
- The Cool DownminorStrategic initiative to make home battery storage more affordable for homeowners across 45 states. Combines The Cool Down's homeowner audience with Palmetto financing and Enphase batteries, with SunPower handling installation and ongoing support.
- TCL SunPower GlobalcoreGlobal entity controlling SunPower brand internationally. Unveiling new energy solutions at SNEC and Intersolar Europe with dual-brand strategy (SunPower for premium residential, TCL Solar for C&I).
Scale indicators11 records
Recent moves6 records
Expansion highlights7 records
SunPower competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights7 records
Customer concentration
SunPower social profiles
Digital presenceSunPower financial estimates
Financial estimateRevenue estimate
Valuation estimate
SunPower leadership team
Management profileNumber of profiles
Profiles14 records
SunPower subsidiaries and ownership
Company hierarchySubsidiaries4 records
SunPower funding detail
Funding detailFunding overview
Funding rounds7 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SunPower M&A and investment
M&A and investmentM&A9 records
Investments10 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SunPower
What does SunPower do?
SunPower designs, sells, and installs residential solar panel systems paired with Enphase battery storage (IQ Battery 10C and 5P). The company offers end-to-end service including consultation, system design, permitting, installation, and activation, supported by flexible financing options (cash purchase, loans, leases, and Power Purchase Agreements). The Monolith 470W solar panel, launched January 2026 in partnership with REC Group, is the company's flagship product with exclusive U.S. rights.
Is SunPower a public or private company?
SunPower is a public company. It is classified as public and is currently operating.
When was SunPower founded?
SunPower was founded in 2010. It employs 501 to 1,000 people.
Where is SunPower based?
SunPower is headquartered in Richmond, United States, in the North America region.
How does SunPower make money?
Five revenue lines are on record. Residential Solar Installation is the primary driver. The others are solar Battery Storage, solar Financing Programs, new Homes Division and dealer Network.
Does SunPower have an API?
No public API is recorded for SunPower.
What industry is SunPower in?
SunPower's product category is Residential Solar Energy Systems. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUACAGAD, PV Mounting & Tracking Systems (Fixed-Tilt, Single-/Dual-Axis Trackers). Its NAICS code is 221114 and its SIC code is 4991.