SunPower Expands in Texas with SOLRITE Virtual Power Plant Partnership
Key Highlights
- ➤SunPower (SPWR) acquired prime project assets from Houston installer Greenlight Solar
- ➤SunPower partnered with SOLRITE Energy to expand residential solar and storage offerings
- ➤Texas expansion adds local talent, installation capabilities, and lifetime warranty support
- ➤SOLRITE will provide project funding for large-battery systems connected to a Virtual Power Plant
- ➤VPP power sales revenue will be shared with homeowners and EPCs
Expert Statements
T. J. Rodgers, CEO of SunPower
“Texas is currently one of the most compelling solar growth opportunities in the U.S. Greenlight provides us not only an immediate high-quality installation team in Texas, but also CEO James Garrett himself, who now leads our U.S. installation group. SOLRITE not only sources projects to us but also provides project funding for innovative systems with large batteries connected to a VPP, enabling power sales into the open market. That VPP capability provides an extra source of income that SOLRITE shares with homeowners and EPCs, making SOLRITE an attractive partner.”
Kapil Rai, EVP of Direct at SunPower
“Building our VPP business is a key part of SunPower’s growth strategy going forward. Our partnership with SOLRITE gives us a path to bring together customer acquisition, solar, storage deployment, and financing to develop this business in Texas and beyond.”
OREM, Utah, Oct. 27, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (“SunPower,” or the “Company”)(Nasdaq SPWR), a solar technology, services, and installation company, today announced an expansion in Texas through the acquisition of prime project assets from Houston installer Greenlight Solar, as well as a second strategic partnership with Fort Worth financier SOLRITE Energy to expand its residential solar and storage offerings and accelerate its Virtual Power Plant (VPP) business in which residential and commercial batteries can sell power.
The expansion adds experienced local talent and operating capabilities to support growth in Texas, a top-3 U.S. solar market. SunPower will bring its sales, installation and lifetime warranty support to join with SOLRITE’s VPP solution and solar financing capabilities to serve more customers with a broader platform connected to distributed energy markets.
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