Complete Solaria Inc. Stock Price, News & Analysis

SunPower Corp. (NASDAQ: SPWR) and General Motors (NYSE: GM) have announced a collaboration to develop a home energy system compatible with GM's EVs, starting with the 2024 Chevrolet Silverado EV retail launch expected in Fall 2023. SunPower will be GM's exclusive solar provider and preferred EV charger installer. This partnership aims to enable bi-directional charging, allowing EVs to supply backup energy to homes. Customers will be able to install home energy systems alongside their EV chargers, potentially saving on electricity bills through solar energy usage.

SunPower Corp. (NASDAQ:SPWR) has appointed Eileen Evans as its new Chief Legal Officer. With over 25 years of experience in legal and technology sectors, Evans previously held positions at Redaptive, Micro Focus International, Hewlett Packard, and Oracle. CEO Peter Faricy noted her extensive background will support SunPower's growth during this pivotal time. Evans expressed her enthusiasm for addressing climate change through her new role. SunPower continues to lead in solar technology and energy services in North America, offering solutions for electricity control and cost savings.

SunPower (NASDAQ: SPWR) announced progress on its 25X25 commitments aimed at enhancing diversity and economic access in solar energy. The company has formed alliances with McKinsey & Company and GRID Alternatives to improve job opportunities for women in the sector. SunPower aims for a 40% female workforce by 2025, investing $100,000 to support women's solar training. Additionally, the company targets a 25% increase in partnerships with minority and women-owned businesses. Such initiatives are part of SunPower's broader goal to create equitable access to solar and energy storage solutions.

SunPower (NASDAQ:SPWR) has announced the launch of two new battery configurations for its SunVault energy storage product: 19.5 kWh and 39 kWh, enhancing its modular and scalable offerings. These new versions allow homeowners to store more energy in less space and come with improved design features for easier installation. With the launch, SunVault now offers five configurations, enabling comprehensive home power solutions during outages. Homeowners may also benefit from a 30% tax credit on battery technology purchases starting in 2023 due to the Inflation Reduction Act.

SunPower (NASDAQ:SPWR) has announced minority investments in EmPower Solar and Renova Energy, expanding its Dealer Accelerator Program aimed at boosting solar dealer growth. This program, launched in March 2022, provides crucial capital financing and strategic support to high-potential dealers. Demand for solar energy is surging, fueled by federal incentives and rising consumer interest. Renova, recognized for its sales performance, and EmPower, a key player in New York, will now exclusively offer SunPower’s solar solutions.

SunPower Corp. (SPWR) will announce its third quarter 2022 financial results on November 8, 2022, at 8:05 a.m. ET, followed by a conference call at 8:30 a.m. ET. Investors can register for the live call and access supplemental financial information via their investor website. The company, a leader in solar and energy services in North America, provides unique solar + storage solutions to enhance electricity consumption control and resilience during outages. More details are available on their investor site.

IKEA U.S. has partnered with SunPower Corp. (NASDAQ: SPWR) to offer exclusive home solar energy solutions for IKEA Family loyalty members in select locations in California, starting September 12, 2022. This initiative aims to make sustainable living more accessible, featuring four solar packages that include a SunPower Equinox Solar System, energy storage options, and EV charging. Members can access these offerings through IKEA stores or online, simplifying the transition to renewable energy with a straightforward five-step process. This collaboration enhances IKEA's commitment to sustainability.

TotalEnergies reported a strong financial performance for 2Q22 with an IFRS net income of $5.7 billion and adjusted net income of $9.8 billion, both significantly up from the previous year. The company is accelerating its transformation with major investments in LNG, renewables, and green hydrogen projects, including a significant stake in Qatar's NFE LNG project and the acquisition of Clearway Energy Group. Cash flow from operations reached $16.3 billion, and the company announced a 5% increase in its interim dividend to €0.69/share. Despite a $3.5 billion impairment charge related to Russian assets, TotalEnergies remains focused on delivering shareholder returns and expanding its renewable portfolio.

SunPower Corp. (NASDAQ: SPWR) will announce its second quarter 2022 financial results on August 2, 2022, at 8:05 a.m. ET, followed by a conference call at 8:30 a.m. ET. Investors can access the live audio webcast by registering online. SunPower, a major solar and energy services provider in North America, specializes in solar + storage solutions. These solutions provide customers with control over their electricity consumption during outages while also delivering potential cost savings.