Cobalt Power Systems
Cobalt Power Systems is a Bay Area solar PV installer serving 12+ cities with 4,000+ residential and commercial systems installed since 2003. Now a SunPower subsidiary, it specializes in premium solar plus Tesla Powerwall and Enphase storage installations for homeowners, builders, and enterprises.
- Company typePrivate
- Founded2003
- HeadquartersMountain View, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Cobalt Power Systems does
Cobalt Power Systems Inc. is a Mountain View, California-based solar photovoltaic (PV) design and installation company founded in 2003, operating exclusively in the San Francisco Bay Area across 12+ cities including San Francisco, San Jose, Palo Alto, and Mountain View. The company delivers turnkey residential, commercial, new home, and multifamily solar systems integrated with energy storage (Tesla Powerwall, Enphase, SunPower/SunVault) and EV charging equipment, holding Tesla Premier Certified Installer and SunPower Elite Dealer (first in the U.S.) designations. Its technical differentiator is in-house engineering for complex urban installations—including custom anchor systems and seismic ballast design for post-tension concrete roofs—supported by 14 installation teams and 32 service trucks operating from a 10,000 sq ft facility. As of the January 2025 SunPower acquisition LOI, the company had 96 employees and approximately $35 million in annual revenue, with more than 4,000-4,500 PV systems completed cumulatively.
Cobalt generates revenue primarily through one-time project-based installation fees for solar and storage systems, supplemented by hardware sales (panels, inverters, mounting equipment, EV chargers), financing facilitation, solar leasing subscriptions, and ongoing maintenance contracts. Pricing is quote-based and varies by system size and complexity, with typical mid-sized residential installations in the Bay Area ranging $15,000-$25,000 and battery additions $10,000-$18,000 per unit. The customer base is anchored by 4,000+ residential homeowners across the Bay Area, with select enterprise commercial accounts including Santa Clara University (1.2 MW project), San Francisco Waterfront Plaza (220.9 kW), and Fortinet.
Following the $12 million all-equity acquisition by SunPower Inc., which closed in February 2026, Cobalt operates as a standalone subsidiary integrated into SunPower's New Homes division alongside Multifamily and Light Commercial segments. The company retains its own brand, sales motion, and installation teams while gaining access to SunPower's national supply chain, capital base, and cross-selling opportunities for premium products such as the SunPower Monolith 470-watt bifacial panel developed through a joint development agreement with REC. Kapil Rai was promoted to EVP of the New Homes division to oversee integration and the projected $100 million project pipeline.
Cobalt Power Systems firmographics
Firmographics- Name
- Cobalt Power Systems
- Legal name
- Cobalt Power Systems Inc.
- Website
- https://cobaltpower.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Cobalt Power Systems is a Bay Area solar PV installer serving 12+ cities with 4,000+ residential and commercial systems installed since 2003. Now a SunPower subsidiary, it specializes in premium solar plus Tesla Powerwall and Enphase storage installations for homeowners, builders, and enterprises.
- Ownership category
- akta.pro rank
Cobalt Power Systems industry classification
Industry- Product category
- Solar Installation Services
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
Keywords
Where Cobalt Power Systems is headquartered
LocationHeadquarters
- HQ city
- Mountain View
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cobalt Power Systems business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Solar Installation Services: Cobalt Power Systems generates revenue through the design, installation, and servicing of solar photovoltaic systems for residential, new home, multifamily, and commercial customers. Revenue is project-based, one-time per installation, with ongoing service and maintenance as a secondary stream.
- Energy Storage and Battery Installation: The company installs battery storage systems (Tesla Powerwall, Enphase, SunPower/SunVault) as standalone upgrades or alongside new solar installations, generating additional revenue per project.
- Hardware Sales: Revenue includes the sale of solar panels (QCells, SunPower, REC Monolith), inverters, mounting hardware, EV chargers, and related equipment as part of turnkey solar installations.
- Solar Financing and Leasing Facilitation: Cobalt facilitates solar financing options and leasing arrangements for residential customers, providing flexible payment pathways for solar adoption.
- Professional Services: Ongoing professional services including system checkups, maintenance, panel cleaning, troubleshooting, and repair for installed solar and battery systems.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Residential Solar Systems |
| Unit Pricing | Pay-as-you-go | Residential Solar Bay Area Mid-Sized System |
| Unit Pricing | Pay-as-you-go | Commercial Solar Systems |
| Subscription | Monthly | Solar Leasing |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Cobalt Power Systems product offering
Product offeringCore offering
Cobalt Power Systems designs, installs, and services solar photovoltaic (PV) and energy storage systems for residential and commercial customers across the San Francisco Bay Area. The company is a Tesla Premier Certified Installer and SunPower Elite Dealer, delivering turnkey solar projects that integrate panels (SunPower, QCells, REC Monolith), battery storage (Tesla Powerwall, Enphase, SunVault), EV chargers, and related electrical work. It also offers ongoing maintenance, repair, financing facilitation, and solar leasing arrangements.
Product overview
Cobalt Power Systems is a solar design and installation company offering integrated solar and energy storage solutions for residential and commercial customers across Northern California. The core product portfolio centers on photovoltaic (PV) system installation, encompassing residential solar, commercial solar, and specialized Monolith panel installations. The company operates as a full-service provider offering in-house design, installation, and ongoing support, with complementary products including Tesla Powerwall and Enphase battery storage systems, EV chargers, and financing/leasing options. As a Tesla Premier Certified Installer and SunPower Elite Dealer, the company provides premium solar technology including QCells panels, SunPower Monolith panels, and Enphase microinverter systems, backed by a 15-year materials and labor warranty on residential installations.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 349,000 kWh of clean electricity generated annually for San Francisco Waterfront Plaza commercial installation (220.9 kW DC)
- +3 more outcomes
Companies that use Cobalt Power Systems
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Cobalt Power Systems technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Cobalt Power Systems partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, flagship and minor.
- Wunder PowercoreCobalt Power Systems partnered with Wunder Power to complete a 220.9 kW DC solar installation at San Francisco's Waterfront Plaza on June 15, 2026. The project required innovative engineering with 554 high-efficiency modules mounted on a post-tension concrete roof using custom anchor points and over 3,000 ballast blocks for seismic stability. The partnership is expanding as the companies pursue additional solar projects across California and the U.S., with plans to support future dual-sided Monolith II panels.
- REC (Renewable Energy Corporation)coreSunPower signed a joint development agreement with REC to commercialize a high-wattage 470-watt frameless bifacial solar panel called Monolith. Cobalt Power Systems, as a SunPower subsidiary, is positioned to install these panels, including the first Bay Area Monolith panel installation at the Fortinet building in Sunnyvale, CA. Future dual-sided 'Monolith II' panels are planned through this partnership.
- SunPowerflagshipSunPower acquired Cobalt Power Systems in an all-equity transaction for $12 million (closed February 2026), granting 850,000 RSUs to key Cobalt employees as inducement. Cobalt continues operating as a standalone subsidiary while adopting common financial, HR, and administrative practices with SunPower. The acquisition is expected to add $30 million in annual revenue and strengthen SunPower's position in key California markets. Cobalt was the first SunPower Elite Dealer in the U.S. with 23 years of operating history. CEO T.J. Rodgers called Cobalt a major driver of SunPower's New Homes division momentum.
- TeslacoreCobalt Power Systems is a Tesla Premier Certified Installer, one of the highest designations in Tesla's installer network, reserved for installers with longstanding successful relationships, top-tier installation quality, and highly rated customer service. Cobalt has installed over 3,000 residential Tesla Powerwall battery backup systems in the Bay Area.
- EnphasecoreCobalt Power Systems partners with Enphase to offer microinverter systems featuring superior shade performance, panel-level monitoring, and 25-year warranty reliability. Enphase technology provides industry-leading shade mitigation and is a core component of many Cobalt residential installations.
- QCellsminorCobalt Power Systems proudly offers QCells solar panels, a top-tier choice for quality and affordability. QCells panels are made in North America at a Georgia-based manufacturing facility and come with a 25-year warranty.
- SunPower (Product Integration)coreCobalt Power Systems is a SunPower Elite Dealer and SunPower Dealer of the Year, specializing in SunPower premium residential solar systems. The company installs SunPower and SunVault (battery) products, integrating them with Tesla Powerwall and Enphase technologies.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Cobalt Power Systems competitors and assessment
Company assessmentDirect peers
- Sunrun: Largest US residential solar installer with national coverage, offering solar leases, PPAs, and battery storage. Directly comparable to Cobalt as a residential solar installer targeting homeowners with similar product offerings (solar + storage).
- ADT Solar: National residential solar installer operating across multiple states with door-to-door and direct sales channels. Comparable in business model to Cobalt as a residential solar installer targeting homeowners with turnkey solar and battery solutions.
- Momentum Solar: Direct-to-consumer residential solar installer with a vertically integrated in-house installation model operating across multiple US states. Closely comparable to Cobalt's in-house sales-and-install approach and target customer.
- Lumio: Residential solar installer operating across multiple states with direct sales and premium equipment offerings. Comparable to Cobalt in target customer (homeowners) and product positioning (solar + battery add-ons).
- Freedom Forever: National residential solar installer with in-house installation crews and a focus on customer-experience-driven sales. Comparable to Cobalt as a regional-to-national installer offering premium equipment bundles and battery add-ons.
- Tesla Energy: Tesla's solar and energy storage division selling solar panels and Powerwall batteries, both direct-to-consumer and via a certified installer network (of which Cobalt is a Premier member). Directly competitive in Bay Area residential solar + storage.
Broad incumbents
- SunPower: National premium residential solar installer and panel manufacturer; now Cobalt's parent company following the $12M acquisition. Operates at national scale and offers broader product and financing programs than the Cobalt subsidiary.
Regional players
- Blue Raven Solar: Residential solar installer operating primarily in the Pacific Northwest and Mountain West with in-house financing options. Similar business model to Cobalt (regional premium installer with own financing), though geographically distinct.
- Trinity Solar: Largest privately held residential solar installer in the US, operating primarily in the Northeast and Mid-Atlantic. Comparable as a long-tenured regional installer with in-house installation teams, though serving a different geography than Cobalt.
Others
- Enphase Energy: Leading US manufacturer of microinverter-based solar-plus-storage systems (IQ8, IQ Battery). Enphase is a core technology partner and equipment supplier for Cobalt's residential installations and operates its own installer certification program, making it both a supplier and an indirect channel partner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks4 records
Key highlights7 records
Customer concentration
Cobalt Power Systems social profiles
Digital presenceCobalt Power Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cobalt Power Systems leadership team
Management profileNumber of profiles
Profiles8 records
Cobalt Power Systems funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cobalt Power Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cobalt Power Systems
What does Cobalt Power Systems do?
Cobalt Power Systems designs, installs, and services solar photovoltaic (PV) and energy storage systems for residential and commercial customers across the San Francisco Bay Area. The company is a Tesla Premier Certified Installer and SunPower Elite Dealer, delivering turnkey solar projects that integrate panels (SunPower, QCells, REC Monolith), battery storage (Tesla Powerwall, Enphase, SunVault), EV chargers, and related electrical work. It also offers ongoing maintenance, repair, financing facilitation, and solar leasing arrangements.
Is Cobalt Power Systems a public or private company?
Cobalt Power Systems is a private company. It is classified as corporate owned and is currently operating.
When was Cobalt Power Systems founded?
Cobalt Power Systems was founded in 2003. It employs 101 to 250 people.
Where is Cobalt Power Systems based?
Cobalt Power Systems is headquartered in Mountain View, United States, in the North America region.
How does Cobalt Power Systems make money?
Five revenue lines are on record. Solar Installation Services are the primary driver. The others are energy Storage and Battery Installation, hardware Sales, solar Financing and Leasing Facilitation and professional Services.
Who are Cobalt Power Systems's main competitors?
Direct peers on record are Sunrun, ADT Solar, Momentum Solar, Lumio, Freedom Forever and Tesla Energy. SunPower is listed as a broad incumbent. Regional players are Blue Raven Solar and Trinity Solar. Enphase Energy is listed as an others.
Does Cobalt Power Systems have an API?
No public API is recorded for Cobalt Power Systems.
What industry is Cobalt Power Systems in?
Cobalt Power Systems's product category is Solar Installation Services. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System).