In a delightfully timed press release sure to capitalize on all the resurrection-adjacent search traffic surrounding the Easter holiday, residential solar company Complete Solaria has announced it is rebranding as SunPower.
That moniker should sound familiar to veterans of the photovoltaics space; founded in 1985, SunPower grew into a billion-dollar kingpin of rooftop solar before a series of mistakes and misfortunes doomed the company to file Chapter 11 bankruptcy in August of last year. Complete Solaria emerged as the Stalking Horse Buyer (the first to make an offer on the assets of a company filing for bankruptcy) for the stuff associated with SunPower’s Blue Raven solar business, new homes business, and non-installing dealer network. Under the terms of the asset purchase agreement (APA), Complete Solaria agreed to acquire the assets and assume certain related liabilities for $45 million in cash.
Go Deeper: Read about why the California Public Utilities Commission had a heavy hand in SunPower’s bankruptcy on Factor This
Complete Solaria’s ticker symbol will change from “CSLR” and “CSLRW” to “SPWR” and “SPWRW”, respectively, effective April 22, 2025.
“Today marks the next chapter in our company’s history, and I am very happy to announce our strategic brand repositioning that brings our companies together under the storied SunPower name,” stated T.J. Rodgers, chairman and chief executive officer of SunPower. “We humbly assume the responsibility of moving forward knowing SunPower’s reputation for operational excellence and industry-leading technology. That’s our heritage, and we will live up to it.”
SunPower will make an announcement in the Wall Street Journal on Friday, April 29, and present audited financial results for the full year 2024 and unaudited results for Q1 2025 on April 30.
New logo, who ‘dis?
Despite what you may surmise from the blazing orange “O” in the cheeky lead image for this post, it looks like Complete Solaria née SunPower will be utilizing a new logo.
What appears to be a sketch of the company’s new Helios logo appears in the signature line of its latest announcement. Helios, a remote-piloted, solar-powered aircraft developed by NASA, used only SunPower solar cells to take off and achieve a record-setting altitude of 96,863 feet on August 13, 2001.
“NASA’s Helios solar-powered airplane is a visually stunning example of SunPower innovation – and a powerful symbol of the power the sun offers us,” explained Rodgers.
The craft sported a larger wingspan than a Boeing 747. Its altitude record has never been broken, per SunPower, even by the vaunted F-15 Eagle fighter or the Mach 3.3 SR-71 Blackbird spy plane. Today, the company notes several companies that are adding batteries to Helios-type airplanes to allow them to fly 24×7 in the stratosphere.
