$SPWR

SunPower Inc. (SPWR) is expanding in Texas by acquiring project assets from Greenlight Solar and partnering with SOLRITE Energy. The moves aim to grow its residential solar and storage offerings, with a focus on Virtual Power Plant (VPP) business. James Garrett, former CEO of Greenlight Solar, will lead SunPower’s U.S. installation group. Financial details were not disclosed.

SunPower Inc. (SPWR) launched the Monolith II solar panel, a 522-watt high-wattage panel developed with REC. The panel uses REC's N-Type Heterojunction cell technology and is designed for residential and commercial use. SunPower CEO T.J. Rodgers highlighted the panel's efficiency and cost savings. The company plans to install the first Monolith II panel this month.

SunPower Inc. (SPWR) started construction on a solar power system for an AI data center in Reno, Nevada. The project, while not yet at large scale, is complex and marks the first phase of the data center project. CEO T.J. Rodgers highlighted the higher average sales price for commercial installations, noting that bigger projects are more profitable. SunPower focuses on delivering affordable and reliable energy solutions.

Northland reduced its price target for SunPower (SPWR) to $1.40 from $3.30, citing cash constraints, a four-day workweek, and higher interest rates. The company's current ratio is 0.82, and cash is estimated at $25 million. SPWR stock is down 83% year-over-year. The company will hold its annual meeting on November 2, where a reverse split is likely. SPWR reported a Q2 2026 adjusted loss of 10.5 cents per share and revenue of $55.96 million, missing expectations.

SunPower Inc. (SPWR) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 17, 2026, Jamie Haenggi, a member of the Board of Directors (the “ Board ”) of SunPower Inc. (the “ Company ”)

SunPower CEO Thurman J. Rodgers converted a $2M SAFE into 7.87M shares of SunPower common stock held through a revocable trust. The conversion occurred at $0.2541 per share on September 4, 2026. Rodgers holds additional shares indirectly through various trusts and an LLC, and 8,842 shares directly.

SunPower (SPWR) director Devin Whatley reported a trust purchase of 393,545 shares at $0.2541 each, totaling $100K. He also holds 103,825 shares directly and 5.8M indirectly via Ecosystem Integrity Fund II, disclaiming beneficial ownership except for pecuniary interest.

SunPower raised $26.2M in equity financing, led by Foris Ventures. The company plans to use the capital to support growth and return to profitability. SunPower's revenue is $300M, with a market cap of $60M. Management targets $500M in revenue next year, citing a large underpenetrated solar market and growth potential.

SunPower Inc (SPWR) shares dropped 17.2% in pre-market trading after announcing a $26.2 million private placement at $0.2541 per share, below the previous close of $0.402. The deal adds 103.1 million shares, diluting existing shareholders. CEO T.J. Rodgers cited market changes and operational issues. SunPower had $4M in cash and negative equity at Q2 2026 end.

SunPower Inc's stock is down 17.2% in pre-market trading after a $26.2 million equity placement at a $0.2541 per share discount. The deal, led by Foris Ventures, involves issuing 103.1 million new shares, pressuring the share price. CEO T.J. Rodgers cited broader solar market challenges and operational issues. The company had $4 million in cash and negative equity at Q2 2026. Peers Sunrun and Enphase Energy saw minimal movement, indicating SunPower-specific factors. The S&P 500 and Nasdaq are fl