Why SunPower Deserves a Fresh Look
Five years ago, SunPower (NASDAQ: SPWR) was one of the most vertically integrated renewable energy companies in the world. It manufactured solar panels, developed projects from rooftops to massive utility-scale solar farms, and was even highly involved in solar financing. Since then, the industry has moved away from a vertically integrated model to specialization, and SunPower has been forced to adapt.
To adjust, SunPower sold off its yieldco, exited utility-scale solar development, and has now spun off its manufacturing business in Maxeon Solar Technologies (NASDAQ: MAXN). What's left is a uniquely positioned company in residential and commercial solar energy stocks.
Image source: Getty Images.
Source Fool.com