SunPower Corporation, founded in 1985, was a leading provider of high-efficiency solar panels and residential energy solutions. Despite its innovation and market presence, the company filed for Chapter 11 bankruptcy in August 2024 due to financial difficulties, rising interest rates, and an SEC investigation into accounting practices. Following this, Complete Solaria acquired SunPower’s key assets, including its new homes solar business and Blue Raven division, through a court-approved bid. Today, SunPower operates under Complete Solaria, continuing to provide solar energy solutions for residential customers. Its offerings include solar panels, battery storage, and electric vehicle (EV) charging systems.
With nearly 40 years in the industry, SunPower remains committed to delivering sustainable, high-quality renewable energy solutions while rebuilding under new ownership. Despite past challenges, the company’s expertise and innovation continue to make it a key player in the solar energy market.