SunPower Deal Shows Why There’s No Amazon.com of Solar Energy – Barron’s
There probably won’t be an Apple or Amazon.com of solar. That’s one takeaway from the news this week that SunPower—which once wanted to be the vertically integrated “everything store” for solar—has narrowed its focus to selling and leasing solar power systems to the residential market.
SunPower (ticker: SPWR) said Tuesday that it is considering “strategic options” for its business selling panels to commercial and industrial customers, which could mean a sale. In 2019, the company spun out its solar manufacturing business…