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Complete Solar Rebrands as SunPower Following Asset Acquisition
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Complete Solar has emerged as the winning bidder in SunPower’s Chapter 11 bankruptcy proceedings, acquiring key assets from the residential solar pioneer. This acquisition includes SunPower’s new home, dealer, and Blue Raven business units, which Complete Solar plans to manage under the SunPower brand. The rebranding aims to revitalize SunPower’s legacy while integrating Complete Solar’s technology and services.
The transition to the “New SunPower” involves hiring approximately 1,000 former SunPower employees, offering them new roles and stock options. This move is part of Complete Solar’s strategy to strengthen its position in the solar industry and continue providing innovative solutions to residential customers.
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