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2025-10-262026-04-19
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25 items- PRSunPower Closes Cobalt Power Systems AcquisitionOREM, Utah, Feb. 03, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein "SunPower," the "Company," or Nasdaq: "SPWR") a solar technology, services, and installation company, today announced that it has closed its $12 million all-equity strategic acquisition of Cobalt Power Systems ("Cobalt") headquartered in Mountain View, California. Cobalt will continue to operate as a standalone subsidiary company with common financial, HR and administrative practices, focused on big premium renewable energy systems, across residential, new home, multifamily, and commercial projects, such as the recently announced installation by Cobalt using the new SunPower Monolith panel on the Fortinet building in Sunn
- PRSunPower Secures $20 Million SEPA AgreementOREM, Utah, Feb. 02, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein "SunPower," the "Company," or Nasdaq: "SPWR"), a solar technology, services, and installation company – today announced that it has secured a Standby Equity Purchase Agreement (SEPA) with an affiliate of Yorkville Advisors Global ("Yorkville") for a committed $20 million in funding from newly issued stock. The SEPA vehicle includes a pre-paid advance feature, which SunPower can draw on subject to various predetermined conditions. The discretionary aspect of the SEPA capital facility provides financial flexibility, an "insurance policy," but does not dilute investors or trigger interest payments on the unused portions. Su
- PRSunPower National Battery Storage InitiativeOREM, Utah, Jan. 29, 2026 (GLOBE NEWSWIRE) -- SunPower (herein "SunPower," the "Company," or Nasdaq: "SPWR"), a solar technology, services, and installation company, today announced a strategic initiative to make home battery storage more accessible to American families. The company has engaged The Cool Down, a lifestyle media platform with a large homeowner audience; Palmetto, a consumer energy platform; and Enphase Energy, (Nasdaq: "ENPH"), which manufactures the state-of-the-art IQ Battery 10C. As it has for decades, SunPower has developed strategic partnerships to accelerate solar technology adoption. This initiative is designed to give homeowners access to premium battery systems wit
- PRFirst SunPower Monolith Panel InstallationOREM, Utah, Jan. 26, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein "SunPower," the "Company," or Nasdaq: "SPWR"), a solar technology, services, and installation company, today announced that it achieved its first installation of Monolith panels created by Renewable Energy Corporation (REC), the leader in U.S. residential solar panel sales. Silicon Valley's Cobalt Power Systems installed the panels for a premium customer in Santa Cruz, California. Cobalt Power Systems CEO, John Paul Bergh said, "Demand for high-quality, power-dense, premium modules has been extraordinary. By the time we received our first container from SunPower on January 16, it had already been sold out. Cobalt Power Sy
- PRSunPower Announces Record Financials in Q4'25OREM, Utah, Jan. 20, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein "SunPower," the "Company," or Nasdaq: "SPWR"), a solar technology, services, and installation company, will present its Q4'25 results via webcast today, Tuesday, January 20, at 1:00pm ET. Interested parties may access the webcast by registering here or by visiting the Events page within the IR section of the company website: https://investors.sunpower.com/news-events/events. Fellow Shareholders:The preliminary Q4'25 report is shown below compared to our Q3'25 SEC 10Q report. SPWR's Q4'25 and full-year 2025 SEC 10K report are scheduled to be filed by March 30, 2026. SunPower Q4'25 Revenue & Operating Income Statement1
- PRSPWR Signs LOI to Acquire Cobalt Power SystemsOREM, Utah, Jan. 16, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein the "Company" or Nasdaq: "SPWR"), a solar technology, services, and installation company, today announced it has signed an LOI for an all-equity transaction to acquire Cobalt Power Systems ("Cobalt") of Mountain View, California, a company with $35 million in revenue and 96 employees. SunPower CEO, T.J. Rodgers, said, "Cobalt is famous here for designing and installing solar systems for Silicon Valley moguls, often 100-panel systems (45,000 watts) with as many as 20 batteries. Cobalt's headquarters in Mountain View, California is only 1.8 miles from the Shockley Semiconductor Building where in 1955 the Nobel Prize winner
- PRSunPower to Report Q4'25 Results January 20OREM, Utah, Jan. 15, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein "SunPower," the "Company," or Nasdaq: "SPWR") a solar technology, services, and installation company, will present its Q4'25 results via webcast on Tuesday, January 20, at 1:00pm ET. Interested parties may access the webcast by registering here or by visiting the Events page within the IR section of the company website: https://investors.sunpower.com/news-events/events. About SunPowerSunPower (NASDAQ:SPWR) is a leading residential solar services provider in North America. The Company's digital platform and installation services support energy needs for customers wishing to make the transition to a more energy-efficient li
- PRSPWR Increases Equity Line Of Credit (ELOC) to $55 MillionOREM, Utah, Jan. 13, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein "SunPower," the "Company" or Nasdaq: "SPWR") a solar technology, services, and installation company – today announced that it has entered into an amendment to increase the commitment level of the Company's Equity Line Of Credit (ELOC) with White Lion Capital LLC of Woodland Hills, California from $30 million to $55 million. An ELOC is a financial vehicle by which an equity firm contractually agrees to buy a specified number of newly issued shares from a public company subject to conditions that usually specify overall timeframe and volume limits. Unlike a standard equity offering, the ELOC can be drawn down – or not – at
- PRSunPower-REC Partnership Introduces Industry-Leading Solar PanelOREM, Utah, Jan. 07, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein "SunPower," the "Company," or Nasdaq: "SPWR") a solar technology, services, and installation company, is pleased to unveil its new "Monolith" solar panel, the first product offered under the SunPower-REC Joint Development Agreement (JDA). The REC Group is the leading globally recognized solar panel manufacturer for the U.S. residential market. The JDA aims to develop, engineer, and commercialize high-wattage, frameless bifacial solar panels for the residential and light commercial solar markets. SunPower Chairman and CEO, T.J. Rodgers said, "SunPower has a long history of innovation in solar cell and panel technology sinc
- PRSunPower Q3'25 10Q Report FiledOREM, Utah, Dec. 23, 2025 (GLOBE NEWSWIRE) -- SunPower Inc. (herein "SunPower," the "Company," or Nasdaq: "SPWR"), a solar technology, services, and installation Company, today announced that its Q3'25 10Q report is posted on the SEC website as of December 19, 2025. SunPower CEO, T.J. Rodgers said, "The filed SPWR 10Q report for Q3'25 has only one meaningful difference compared to the 10Q draft report we created and sent to our auditors on November 5, 2025 – $1.1 million in added bad-debt reserves requested by our auditors, raising our total reserves from $7.1 to $8.2 million, which dwarfs our typical $0.45 million quarterly reserve drawdown. So, investors should be confident that we have
- PRSunPower Receives Notice of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q Filed on November 24, 2025OREM, Utah, Nov. 24, 2025 (GLOBE NEWSWIRE) -- SunPower Inc. (NASDAQ:SPWR) today announced that it received a deficiency notification letter from the Listing Qualifications staff of The Nasdaq Stock Market LLC ("Nasdaq") on November 19, 2025 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") because it did not timely file its Quarterly Report on Form 10-Q for the quarter ended September 28, 2025 (the "Q3 Form 10-Q"). The Listing Rules require Nasdaq-listed companies to timely file all required periodic reports with the SEC. In accordance with Nasdaq's listing rules, the Company has 60 calendar days after the N
- PRSunPower Reports Inducement Grants in Connection with Ambia AcquisitionOREM, Utah, Nov. 24, 2025 (GLOBE NEWSWIRE) -- SunPower Inc. ("SunPower" or the "Company") (NASDAQ:SPWR) a solar technology, services, and installation company, today announced that on November 21, 2025 it made inducement grants to two key employees of Ambia Energy as a material inducement to employment with SunPower following its acquisition of Ambia Energy. The inducement grants consist of time-based restricted stock units ("RSUs") for a total of 2.0 million shares of SunPower common stock, with 20% of the RSUs vesting one year after grant and the remainder vesting in equal monthly installments thereafter until the fifth anniversary of the grant date, with such vesting subject to the RSU
- PRSunPower Closes $37.5M Ambia Solar AcquisitionOREM, Utah, Nov. 24, 2025 (GLOBE NEWSWIRE) -- SunPower Inc. (herein "SunPower," the "Company," or Nasdaq: "SPWR") a solar technology, services, and installation company, today announced that it has closed its $37.5 million strategic acquisition of Ambia Solar ("Ambia") to create the No. 5 U.S. residential solar company, based on Ohm Analytics rankings. SunPower CEO T.J. Rodgers said, "Due to our quick closing of the acquisition, we are raising our Q4'25 quarterly revenue estimate to $88 million. We still expect record operating income in Q4'25 and at least $2.0 million in operating income in Q1'26, the winter solar "down" quarter. In addition, and equally important, the acquisition brings
- PRSunPower Signs LOI to Acquire Ambia SolarOREM, Utah, Nov. 11, 2025 (GLOBE NEWSWIRE) -- SunPower (herein "SunPower," the "Company" or Nasdaq: "SPWR") – a solar technology, services, and installation company – today announced that it has agreed to acquire Ambia Solar ("Ambia"), based in Lindon, Utah, just 1.7 miles from SunPower's HQ. Ambia is the No. 19 U.S. solar company by installed megawatts as reported by Ohm Analytics. The companies have signed a non-binding LOI for $37.5 million in equity. The transaction will close this quarter (Q4'25), subject to customary closing conditions. (The verb "will" in this press release should be interpreted as "will pursue the result stated in a definitive agreement scheduled for Q4'25 and act
- PRSunPower Executes Major Sales Force Expansion Following Sunder MergerOREM, Utah, Oct. 30, 2025 (GLOBE NEWSWIRE) -- SunPower Inc. (NASDAQ:SPWR) a solar technology, services, and installation company, this morning announced the successful integration of the Sunder salesforce into the company — as SunPower continues to execute on plan and expects to achieve record revenue of $83.3 million and record operating income of $3.5 million in Q4 2025. Eric Nielsen, SunPower's EVP of Sales said, "I am happy to report the integration of Sunder's salesforce into SunPower has been seamless and as a result, has enabled our team to continue to execute on plan without missing a beat. In addition, this deal has been well received across the industry — evidenced by the fact t
- PRSunPower Announces Record Profit in Q3'25OREM, Utah, Oct. 21, 2025 (GLOBE NEWSWIRE) -- SunPower, the "Company," or Nasdaq: "SPWR", a solar technology, services, and installation company, will present its Q3'25 results via webcast today Tuesday, October 21 at 1:00pm ET. Interested parties may access the webcast by registering here or by visiting the Events page within the IR section of the company website: https://investors.sunpower.com/news-events/events. Fellow Shareholders:The preliminary Q3'25 quarterly report of key financial parameters is shown below. The final Q3'25 quarterly report will be the SEC 10Q report expected to be filed on November 12, 2025. SunPower Q3'25 Revenue & Operating Income Statement1 GAAP2 NON-GAAP3
- PRSunPower to Report Q3'25 Results Oct. 21, 2025OREM, Utah, Oct. 16, 2025 (GLOBE NEWSWIRE) -- SunPower (d/b/a Complete Solaria, Inc., "SunPower," the "Company," or Nasdaq: "SPWR") a solar technology, services, and installation company, will present its Q3'25 results via webcast on Tuesday, October 21 at 1:00pm ET. Interested parties may access the webcast by registering here or by visiting the Events page within the IR section of the company website: https://investors.sunpower.com/news-events/events. SunPower CEO T.J. Rodgers said, "It has been one year since the acquisition of the SunPower assets and marks our third sequential quarter of generating operating profit. Almost to the day of the anniversary of SunPower, we announced our re
- PRSunPower Reports Inducement Grants in Connection with Sunder AcquisitionOREM, Utah, Oct. 10, 2025 (GLOBE NEWSWIRE) -- SunPower (Complete Solaria, Inc.; herein "SunPower," the "Company," or Nasdaq: "SPWR") a solar technology, services, and installation company, today announced that on October 8, 2025 it made inducement grants to three key employees of Sunder Energy as a material inducement to employment with SunPower following its acquisition of Sunder Energy. The inducement grants consist of time-based restricted stock units ("RSUs") for a total of 2.7 million shares of SunPower common stock, with 20% of the RSUs vesting one year after grant and the remainder vesting in equal monthly installments thereafter until the fifth anniversary of the grant date, with s
- PRSunPower Closes Sunder Energy AcquisitionOREM, Utah, Sept. 26, 2025 (GLOBE NEWSWIRE) -- SunPower (formerly d/b/a Complete Solaria, Inc.; herein "SunPower," the "Company," or Nasdaq: "SPWR") a solar technology, services, and installation company, today announced that it has closed its strategic acquisition of Sunder Energy ("Sunder"), a leading residential solar sales company to create the U.S. residential solar industry's No. 5 company in installed megawatts, using data from Ohm Analytics. SunPower CEO T.J. Rodgers said, "This acquisition will immediately raise our revenue to its pre-ITC levels and then on to a new record. In addition, and equally important to us, it brings to us a great sales management team with its stat
- PRSPWR to Acquire Sunder Energy to Gain U.S. No. 5 SpotOREM, Utah, Sept. 22, 2025 (GLOBE NEWSWIRE) -- SunPower (formerly d/b/a Complete Solaria, Inc.; herein "SunPower," the "Company" or Nasdaq: "SPWR") – a solar technology, services, and installation company – today announced that it has agreed to acquire Sunder Energy, based in South Jordan, Utah, the No. 11 U.S. solar company by installed megawatts as reported by Ohm Analytics. The transaction is scheduled to close this week subject to customary closing conditions. Management will host a call today at 11am PT / 2pm ET to discuss the merger. Interested parties may access the webcast by registering via the link here or by visiting the Events page found within the IR section of the company web
- PRSunPower To Attend Canaccord's Annual Growth Conference August 12th in BostonOREM, Utah, July 29, 2025 (GLOBE NEWSWIRE) -- SunPower (aka Complete Solaria, Inc.) ("SunPower" or the "Company") (NASDAQ:SPWR), a solar technology, services, and installation company, today announced the Company will attend the Canaccord Genuity 45th Annual Growth Conference, on Tuesday, August 12 at the InterContinental hotel in Boston, Massachusetts. SunPower will participate in one-on-one meetings throughout the day, and Chairman and CEO Dr. T.J. Rodgers will give a company presentation at 11:30am ET. A link to the live webcast and presentation slides will be available on the Investor Relations section of the Company's website at https://investors.sunpower.com under the "Events" secti
- PRSPWR Q2'25: $67.5M Revenue, $2.4M Operating ProfitOREM, Utah, July 22, 2025 (GLOBE NEWSWIRE) -- SunPower, formerly d/b/a Complete Solaria, Inc. ("SunPower" or the "Company") (NASDAQ:SPWR), a solar technology, services, and installation company, will present its Q2'25 results via webcast today Tuesday, July 22 at 1:00pm ET. Interested parties may access the webcast by registering here or by visiting the Events page within the IR section of the company website: https://investors.sunpower.com/news-events/events. Fellow Shareholders: The preliminary Q2'25 quarterly report of key financial parameters is shown below. The final Q2'25 quarterly report will be the 10Q report2 to be filed with the SEC on August 13, 2025. SunPower Revenue & O
- PRSunPower to Report 2Q'25 Results July 22, 2025OREM, Utah, July 17, 2025 (GLOBE NEWSWIRE) -- SunPower (aka Complete Solaria, Inc.) ("SunPower" or the "Company") (NASDAQ:SPWR), a solar technology, services, and installation company, today announced that it will release its quarterly investor report on Tuesday, July 22 prior to the market opening. A webcast will be hosted by CEO T.J. Rodgers on the same day, July 22nd, at 10am PT / 1pm ET to review the results and take questions from the audience. Interested parties may access the webcast by registering here, or by visiting the Events page within the IR section of the company website at: https://investors.sunpower.com/news-events/events. SunPower CEO T.J. Rodgers said, "I am looking for
- PRSunPower Joins the Russell 3000 & Russell Microcap IndicesOREM, Utah, June 30, 2025 (GLOBE NEWSWIRE) -- SunPower (aka Complete Solaria, Inc.) ("SunPower" or the "Company") (NASDAQ:SPWR), a leading U.S. solar technology, services, and installation company, announced that effective today, Monday June 30th, 2025, SunPower has been added to the Russell 3000 and Russell Microcap Indices. The Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the London Stock Exchange, approximately $8.5 trillion is benchmarked to Russell indices and roughly $2 trillion tracks them passively. SunPower chairman and CEO T.J. Rodgers commented, "Despite the f
- PRCEO Thanks Shareholders for Ongoing SupportAll Shareholder Proposals Pass with Wide Margins Business Update Call Scheduled for June 5th at 10am PT OREM, Utah, May 30, 2025 (GLOBE NEWSWIRE) -- SunPower (aka Complete Solaria, Inc.) ("SunPower" or the "Company") (NASDAQ:SPWR), a solar technology, services, and installation company, held its Annual Meeting yesterday, May 29th at 11:00 a.m. Pacific Time. All 12 SunPower proposals won with votes of 95% or higher, including: 1. the re-election of our 11 Board members, 2. re-hiring BDO as our auditor, and 3. the approval of the employee stock plan. SPWR chairman and CEO, T.J. Rodgers, said, "First and foremost, I thank our shareholders again for their great financial support in approvin