SunPower

SunPower Corporation is an American provider of photovoltaic solar energy generation systems and battery energy storage products, primarily for residential customers. The company, headquartered in San Jose, California, was founded in 1985¹ by Richard Swanson, an electrical engineering professor from Stanford University. Cypress Semiconductor bought a majority interest in the company in 2002, growing it quickly until SunPower went public in 2005. TotalEnergies, a French energy and oil company purchased a controlling interest in SunPower for billion in 2011 but disengaged progressively until reaching 32.5%. The company previously developed and manufactured photovoltaic panels, before spinning off that part of its business in 2020 as Maxeon Solar Technologies. The company had also previously marketed its products to commercial and industrial customers before agreeing to sell that business line to TotalEnergies in February 2022. SunPower filed for chapter 11 bankruptcy protection in August 2024. Nasdaq trading was suspended on 16 Aug 2024. Sunpower sold several of its assets to Complete Solaria. In April 2025, Complete Solaria, Inc. announced it was rebranding as SunPower. Following the announcement, the company held its first earnings call under the rebrand, announcing its first profitable quarter in three years.

SunPower Corporation is an American provider of photovoltaic solar energy generation systems and battery energy storage products, primarily for residential customers. The company, headquartered in San Jose, California, was founded in 1985 by Richard Swanson, an electrical engineering professor from Stanford University. Cypress Semiconductor bought a majority interest in the company in 2002, growing it quickly until SunPower went public in 2005. TotalEnergies, a French energy and oil company purchased a controlling interest in SunPower for  billion in 2011 but disengaged progressively until reaching 32.5%. The company previously developed and manufactured photovoltaic panels, before spinning off that part of its business in 2020 as Maxeon Solar Technologies. The company had also previously marketed its products to commercial and industrial customers before agreeing to sell that business line to TotalEnergies in February 2022. SunPower filed for chapter 11 bankruptcy protection in August 2024. Nasdaq trading was suspended on 16 Aug 2024. Sunpower sold several of its assets to Complete Solaria. In April 2025, Complete Solaria, Inc. announced it was rebranding as SunPower. Following the announcement, the company held its first earnings call under the rebrand, announcing its first profitable quarter in three years.

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