STOCK TITAN

SunPower Recognizes Dealers for Excellence in Solar Design and Installation

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

SunPower (NASDAQ: SPWR) recognized eight of its dealers for outstanding solar project designs and installations during its annual dealer conference in San Diego. The awards focused on projects completed in 2021 and highlighted the importance of SunPower's extensive network of over 800 small and medium-sized solar businesses across the U.S. Notable achievements include a national residential award to Plug it in Solar for creating a net-zero home and a national commercial award to TerraSol Energies for a significant solar installation for Phoenix Contact.

Positive
  • Recognition of eight dealers enhances SunPower's brand reputation.
  • Award-winning projects exemplify strong installation quality and customer satisfaction.
  • The dealer network reinforces localized support and sales capabilities.
Negative
  • None.

Winners selected from company's network of more than 800 small and medium-sized solar businesses spanning across the U.S.

SAN JOSE, Calif., April 7, 2022 /PRNewswire/ -- SunPower (NASDAQ: SPWR), a leading residential solar technology and energy services provider, recognized eight of its dealers for exceptionally designed and deployed solar projects commissioned in 2021. The awards were given at the company's annual dealer conference, held in San Diego last week. SunPower's installing dealer base of more than 800 small and medium-sized businesses provided localized sales, installation and support to customers across the nation.

"SunPower's robust dealer network is essential to how we deliver innovative solar and storage solutions and services to homeowners across the nation," said Tony Garzolini, head of sales at SunPower. "This deep relationship between SunPower and our dealers spans over a decade and, in that time frame, our dealers have provided unique designs and installs to deliver better, cleaner energy to customers every day."

SunPower 2021 Intelegant Award Winners
Intelegant – a portmanteau combining "intelligent" and "elegant" to represent SunPower's smart and sleek solar solutions – defines the award recognizing solar installation projects that exemplify the company's commitment to outstanding system aesthetics, quality, performance and customer satisfaction. 2021 Intelegant winners include:

National Residential Award: Plug it in Solar
Plug it in Solar completed a 20-killowat solar plus storage system in Bell Canyon, Calif. to create a net-zero home expected to offset 123% of the homeowner's energy consumption and designed to provide resiliency against shutdowns and blackouts.

Regional Residential Winners
Dealers recognized for outstanding home solar projects in their respective regions include:

  • AdEnergy from New Jersey for exceptional customer service and clean installation projected to offset over 50% of the home's energy use.
  • SunPower by Legacy Solar from Normal, Ill. for leveraging Illinois Solar Renewable Energy Credit to design an 8.5-kilowatt system for a climate scientist.
  • Solar Hut from Northern California for designing a complete home solar system on Sermons Country Club Golf Course that is expected to provide the customer nearly $12,000 in electricity savings in the first year alone.
  • Renova Energy from Palm Desert, Calif. for installing a 108 panel 38-kilowatt system on a custom home in Rancho Mirage designed to provide nearly $1 million in savings over the lifetime of the system.

National Commercial Winner: TerraSol Energies
TerraSol Energies secured the National Commercial Intelegant Award for a 961-kilowatt SunPower® Helix® Roof for Phoenix Contact manufacturer in Middletown, Pa. The 2,185-panel installation features a glass room on the top of the roof that will be used for visitors to view the solar system up close.

Regional Commercial Winners
Dealers recognized for outstanding commercial solar projects in their respective regions include:

  • Cape Fear Solar Systems in Wilmington, N.C. for the largest single rooftop project in the city: a 460-kilowatt Helix Roof for Coastal Beverage Company.
  • SunPower by HES Solar from San Diego, Calif. for a 440-kilowatt Helix Roof solar system on Mor Home Furniture in Murrieta. The system was installed concurrently with the furniture store's construction for design efficiencies.

To view images of the award-winning Intelegant installations, please visit https://newsroom.sunpower.com/Dealer-Award-Winners.

To learn more about becoming a SunPower dealer, visit www.sunpower.com/become-a-dealer.

About SunPower 
Headquartered in California's Silicon Valley, SunPower (NASDAQ:SPWR) is a leading Distributed Generation Storage and Energy Services provider in North America. SunPower offers the only solar + storage solution designed and warranted by one company that gives customers control over electricity consumption and resiliency during power outages while providing cost savings to homeowners. For more information, visit www.sunpower.com.   

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding product performance and cost savings. These forward-looking statements are based on our current assumptions, expectations, and beliefs and involve substantial risks and uncertainties that may cause results to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, regulatory changes and the availability of economic incentives promoting use of solar energy and fluctuations or declines in the performance of our solar panels and other products and solutions. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at investors.sunpowercorp.com. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

©2022 SunPower Corporation.  All Rights Reserved.  SUNPOWER, the SUNPOWER logo and HELIX are registered trademarks of SunPower Corporation in the U.S.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sunpower-recognizes-dealers-for-excellence-in-solar-design-and-installation-301519879.html

SOURCE SunPower Corp.

FAQ

What awards did SunPower dealers receive in 2021?

SunPower recognized eight dealers during its annual dealer conference for excellence in solar project design and installation.

Who won the national residential award from SunPower?

Plug it in Solar won the national residential award for a 20-kilowatt solar plus storage system in Bell Canyon, California.

What is the importance of SunPower's dealer network?

SunPower's dealer network of over 800 businesses is crucial for delivering localized solar solutions and support to homeowners.

What was the national commercial award winner's project?

TerraSol Energies won the national commercial award for a 961-kilowatt SunPower Helix Roof installation for Phoenix Contact in Middletown, Pennsylvania.

SunPower Corporation

NASDAQ:SPWR

SPWR Rankings

SPWR Latest News

SPWR Stock Data

21.55M
217.23M
0.71%
139%
16.39%
Solar
Semiconductors & Related Devices
Link
United States of America
RICHMOND