About SunPower
SunPower is a company based in San Jose (United States) founded in 1985 by Richard Crane, Jahi McClendon, and Richard Swanson. It operates as a Direct-to-Consumer (D2C) and Product-as-a-Service. SunPower has raised $171.73 million across 12 funding rounds from investors including TotalEnergies, DOE and Cypress Semiconductor. The company has 600 employees as of December 31, 2024. SunPower has completed 10 acquisitions, including Blue Raven Solar, Cogenra and DFly Systems. SunPower offers products and services including Residential Solar Systems and Solar Battery Storage. SunPower operates in a competitive market with competitors including Amprius Technologies, Enovix, Northvolt, Verkor and Redback Technologies, among others.
- Headquarter San Jose, United States
- Employees 600 as on 31 Dec, 2024
- Founders Richard Crane, Jahi McClendon, Richard Swanson
- Stage Public
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Sectors
Energy & UtilitiesTechnology
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Complete Solaria, Inc.
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Annual Revenue
$108.74 M (USD)24.11as on Dec 31, 2024
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Net Profit
-$56.45 M (USD)53.75as on Dec 31, 2024
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EBITDA
-$65.77 M (USD)-27.89as on Dec 31, 2024
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Total Equity Funding
$171.73 M (USD)
in 12 rounds
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Latest Funding Round
$1.2 M (USD), Grant
Jul 12, 2017
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Investors
TotalEnergies
& 3 more
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Employee Count
600
as on Dec 31, 2024
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Investments & Acquisitions
Blue Raven Solar
& 9 more
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IPO & Listings of SunPower
SunPower is a publicly listed company on the NASDAQ with ticker symbol SPWR in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of SunPower
SunPower offers a comprehensive portfolio of products and services, including Residential Solar Systems and Solar Battery Storage.
Solar systems are installed for residential energy independence.
Battery storage is provided for energy backup solutions.
People of SunPower
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Funding Insights of SunPower
SunPower has successfully raised a total of $171.73M across 12 strategic funding rounds. The most recent funding activity was a Grant round of $1.2 million completed in July 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in SunPower
SunPower has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include TotalEnergies, DOE and Cypress Semiconductor.
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TotalEnergies is engaged in producing and marketing multi-energy solutions.
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Energy sources and policies are managed by the DOE.
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Investor details for SunPower
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Investments & Acquisitions by SunPower
SunPower has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Blue Raven Solar, Cogenra and DFly Systems.
Investment portfolio details for SunPower
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Financing solutions for solar projects are provided by the company.
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Residential solar installations are provided with zero upfront costs.
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Power electronics for solar cell junction boxes were developed.
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Complete acquisition details for SunPower
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Financial Statements - SunPower
Detailed financials for SunPower
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- Profit trends
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Sunpower Comparisons
Peer comparison for SunPower
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Competitors of SunPower
SunPower operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amprius Technologies, Enovix, Northvolt, Verkor and Redback Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Silicon nanowire-based Li-Ion batteries are developed for high energy density.
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Lithium-ion battery cells are developed with 3D silicon anode technology.
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Lithium-ion batteries for electric vehicles are manufactured and optimized.
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Lithium-ion batteries are manufactured for electric vehicles and storage.
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Developer of solar power packs for home
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Detailed competitors of SunPower
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Latest news on Sunpower
Complete news archive for SunPower
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Frequently Asked Questions about SunPower
SunPower was founded in 1985 and raised its 1st funding round 5 years after it was founded.
SunPower is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Jahi McClendon is the current CEO of SunPower. They have also founded this company.
SunPower is a funded company, having raised a total of $171.73M across 12 funding rounds to date.
As of Dec 31, 2024, the latest employee count at SunPower is 600.
Annual revenue of SunPower is $108.74M as on Dec 31, 2024.
SunPower is focused on delivering solar energy solutions for residential and commercial properties. High-efficiency solar panels and battery storage systems are offered to enhance energy independence and reduce carbon emissions. Custom solutions are provided to meet unique needs of homes and businesses. The company operates in the renewable energy sector, emphasizing sustainable and smart energy ecosystems. Support is extended from consultation through installation, backed by industry-leading warranties.
SunPower's top competitors include Enovix, Northvolt and Amprius Technologies.
SunPower offers Residential Solar Systems and Solar Battery Storage.
Yes, SunPower is publicly traded on NASDAQ under the ticker symbol SPWR.
SunPower has made 10 acquisitions, including Blue Raven Solar, Cogenra, and DFly Systems.
SunPower has 4 investors. Key investors include TotalEnergies, DOE, Cypress Semiconductor, and CSI RD&D.
The ticker symbol of SunPower is SPWR on NASDAQ.