Funding Details
- Awarder
- RSS - www.ctvc.co
- Date Award
- August 06, 2024
- Vertical
- Solar Energy
- Funding URL
- View Funding Page
- Premoney Valuation
-
$440,000
- Valuation
-
$9,000,000
Company Info
- Founding Year
- 1985
- Traction
- Sunpower was a leading player in the residential solar market but faced significant challenges leading to its bankruptcy.
- Organizations Involved
- California Public Utilities Commission, U.S. Securities and Exchange Commission
- Founders
- None
- Company Description
- Sunpower was a residential solar manufacturing and development provider that focused on rooftop solar installations. The company aimed to capitalize on low interest rates and high incentives for residential solar installations, but faced significant challenges leading to its bankruptcy.
- Market
- Residential Solar
- Location
-
San Jose,
CA,
US
- Coinvestors
- Complete Solaria
Links