MARKET WIRE NEWS

First SunPower Monolith Panel Installation

MWN-AI** Summary

On January 26, 2026, SunPower Inc. (Nasdaq: SPWR) celebrated a significant milestone by completing the installation of its first Monolith panels, produced by Renewable Energy Corporation (REC), a leading name in U.S. residential solar panel sales. The installation took place in Santa Cruz, California, conducted by Cobalt Power Systems, whose CEO, John Paul Bergh, indicated high demand for these premium solar modules. Notably, the first container of Monolith panels from SunPower was sold out before it even arrived, prompting Cobalt Power Systems to place a second order shortly thereafter.

Bergh highlighted that the Monolith panels offer a higher return on investment for customers despite their premium pricing, as they cater to increasing electricity demands for technologically savvy homeowners. The advanced capabilities of the Monolith panels, combined with the precision controls of Enphase Energy inverters, align with the need for more efficient energy solutions.

SunPower’s CEO, T.J. Rodgers, emphasized his commitment to reviving the technological edge that SunPower held in the solar market during his prior tenure as chairman. He aims to empower the company’s salesforce with innovative technologies that will enhance customer experience and satisfaction.

As a prominent provider of residential solar services in North America, SunPower continues to support customers in their transition to energy-efficient living through its digital platform and installation solutions. For further details, the company encourages interested parties to visit their website at www.sunpower.com.

MWN-AI** Analysis

The recent announcement from SunPower Inc. regarding the successful installation of Monolith panels marks a significant milestone for the company as it reinvents its product offerings in the booming solar market. As the leader in residential solar panel sales, particularly in the United States, REC's Monolith panels are praised for their high efficiency and power density, which positions them favorably against competitors.

The rapid sell-out of the first shipment indicates strong demand for these premium products, particularly from the tech-savvy demographic in Silicon Valley. Cobalt Power Systems' CEO has described the Monolith panels as a compelling value proposition—delivering a higher return on investment due to reduced ROI payment periods, despite their premium pricing. This emphasis on financial benefits aligns well with consumer priorities, especially during a time when energy costs are fluctuating significantly.

Investors should take note of SunPower's strategic decision to leverage advanced technology in partnership with Enphase Energy, enabling more sophisticated digital control capabilities. This tech-forward approach not only enhances energy efficiency but also caters to the increasing electricity demands of modern households.

Moreover, the confidence expressed by SunPower’s leadership to regain its technological edge, with T.J. Rodgers at the helm, suggests a proactive approach to steering the company back to its prominence. Overall, as adoption of clean energy solutions accelerates, SunPower's innovative products stand to benefit from both consumer and market trends focused on sustainability and efficiency.

In conclusion, stakeholders should consider SunPower’s growth potential as a compelling investment opportunity amid the expanding green energy landscape. Monitoring the company's performance in the coming quarters, particularly regarding panel installations and sales growth, will provide insights into its long-term viability and market position.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

OREM, Utah, Jan. 26, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein “SunPower,” the “Company,” or Nasdaq: “SPWR”), a solar technology, services, and installation company, today announced that it achieved its first installation of Monolith panels created by Renewable Energy Corporation (REC), the leader in U.S. residential solar panel sales. Silicon Valley’s Cobalt Power Systems installed the panels for a premium customer in Santa Cruz, California.

Cobalt Power Systems CEO, John Paul Bergh said, “Demand for high-quality, power-dense, premium modules has been extraordinary. By the time we received our first container from SunPower on January 16, it had already been sold out. Cobalt Power Systems immediately placed a second order and is now actively designing and deploying Monolith technology at a rapid pace. Technology-aware Silicon Valley homeowners always seek the most advanced solar technology available.”

First installation – SunPower Monolith panels by REC


Image: Cobalt Power Systems.

Bergh continued, “Monolith provides a higher return on investment to our customers, in this case by reducing the ROI payment period, despite slightly higher pricing. Our customers have complex energy demands that require increasingly more electricity, and the powerful Monolith panel, combined with the fine-grained digital control of Enphase Energy inverters, meets their needs.”

SunPower CEO T.J. Rodgers commented, “SunPower was a technology powerhouse when I was its chairman from its 2005 IPO to 2011. My mission is to give back to our salesforce the technology edge we once enjoyed.”

About SunPower
SunPower Inc. (Nasdaq: SPWR) is a leading residential solar services provider in North America. The Company’s digital platform and installation services support energy needs for customers wishing to make the transition to a more energy-efficient lifestyle. For more information visit www.sunpower.com.

Company Contacts: 
Dan McCranieSioban Hickie
Board Member VP Investor Relations
dan.mccranie@sunpower.comIR@sunpower.com
(408) 930-2048  (801) 477-5847
  
Surinder Bedi 
EVP of Quality, Engineering and Customer Success 
surinder.bedi@sunpower.com 
(510) 846-6361 
  

Source: SunPower Inc.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9a4ff496-1b9b-47e2-85ec-c1bee558267d

This press release was published by a CLEAR® Verified individual.


FAQ**

How does SunPower's first installation of Monolith panels impact its competitive positioning in the residential solar market, especially against companies like Complete Solaria Inc (CSLR)?

SunPower's first installation of Monolith panels enhances its competitive positioning in the residential solar market by offering advanced technology and efficiency, thereby differentiating itself from rivals like Complete Solaria Inc (CSLR) and potentially attracting environmentally-conscious consumers.

What specific features of Monolith panels contribute to a higher return on investment for customers compared to offerings from Complete Solaria Inc (CSLR)?

Monolith panels offer higher efficiency, superior durability, and advanced thermal management, enabling greater energy output and long-term savings, which collectively contribute to a higher return on investment compared to Complete Solaria Inc's offerings.

Given SunPower's recent advancements, how might this influence investor sentiment concerning Complete Solaria Inc (CSLR)'s market share in the solar technology sector?

SunPower's recent advancements could heighten investor concerns regarding Complete Solaria Inc's market share, as improved competition may lead to a perception that CSLR could struggle to maintain its position in the increasingly competitive solar technology sector.

Can we expect further partnerships between SunPower and other firms, such as Complete Solaria Inc (CSLR), to enhance technology integration in solar solutions?

Yes, it is likely that SunPower will seek further partnerships with firms like Complete Solaria Inc (CSLR) to enhance technology integration and innovate solar solutions, as collaboration is key to driving advancements in the renewable energy sector.

**MWN-AI FAQ is based on asking OpenAI questions about Sunpower Corp Warrant (NASDAQ: SPWRW).

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