Future of SunPower | Quantumrun

Future of SunPower

SunPower Corporation is an energy company that designs and creates crystalline silicon solar cells and solar panels based on a solar cell invented at Stanford University. The company was founded in 1985 and currently based in San Jose, Calif. Its main product is a high-efficiency solar cell trademarked as “Maxeon.” These cells have a conversion efficiency of 21.5 per cent, and each panel creates up to 345 W. Conventional panels produce up to 250 to 270 W.

Home Country: 
United States
Industry: 
Solar Energy
Industry vulnerability to disruption: 

<p>Belonging to the energy sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:</p>

<p>*First off, the most obvious disruptive trend is the shrinking cost and increasing energy generating capacity of renewable sources of electricity, such as wind, tidal, geothermal and (especially) solar. The economics of renewables are advancing at such a rate that further investments into more traditional sources of electricity, such as coal, gas, petroleum, and nuclear, are becoming less competitive in many parts of the world.<br />
*Concurrent with the growth of renewables is the shrinking cost and increasing energy storing capacity of utility-scale batteries that can store electricity from renewables (like solar) during the day for release during the evening.<br />
*The energy infrastructure in much of North America and Europe is decades old and is currently in the two-decade-long process of being rebuilt and reimagined. This will result in the installation of smart grids that are more stable and resilient, and will spur the development of a more efficient and decentralized energy grid in many parts of the world.<br />
*The growing cultural awareness and acceptance of climate change is accelerating the public's demand for clean energy, and ultimately, their government's investment into cleantech infrastructure projects.<br />
*As Africa, Asia, and South America continue to develop over the next two decades, their populations’ increasing demand first world living conditions will spur demand for modern energy infrastructure that will keep energy sector building contracts going strong into the foreseeable future.<br />
*Significant breakthroughs in Thorium and fusion energy will be made by the mid-2030s, leading to their rapid commercialization and global adoption.</p>

Total patents held: 
461
Number of patents field last year: 
18
Ranking List: 
621
Ranking List: 
2017 Quantumrun Global 1000
409
Ranking List: 
2017 Quantumrun US 500
75
Ranking List: 
2017 Quantumrun Silicon Valley 100
Market Revenue Country: 
Market country 
United States
Revenue from country 
0.67
Prod/Serv name revenue: 
Prod/Serv name: 
Residential
Prod/Serv revenue: 
720331000
Prod/Serv name: 
Commercial
Prod/Serv revenue: 
436915000
Prod/Serv name: 
Power plant
Prod/Serv revenue: 
1402316000
Founded: 
1985
Company Name: 
SunPower
Sector: 
Revenue: 
2559562000
3y average revenue: 
2387766667
Operating expenses: 
652380000
3y average expenses: 
492402333
Company profile data note: 
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
Global employee count: 
8902
Domestic employee count: 
1290
Number of domestic locations: 
3
Funds in reserve: 
425309000
Investment into R&D: 
116130000
create term: 
#621 | 2017 Quantumrun Global 1000
#409 | 2017 Quantumrun US 500
#75 | 2017 Quantumrun Silicon Valley 100

SunPower Corporation is an energy company that designs and creates crystalline silicon solar cells and solar panels based on a solar cell invented at Stanford University. The company was founded in 1985 and currently based in San Jose, Calif. Its main product is a high-efficiency solar cell trademarked as “Maxeon.” These cells have a conversion efficiency of 21.5 per cent, and each panel creates up to 345 W. Conventional panels produce up to 250 to 270 W.

Home country:
United States
Sector:
Energy
Industry:
Solar Energy
Website:
Founded:
1985
Global employee count:
8,902
Domestic employee count:
1,290

Financial Health

Revenue
$2,559,562,000 USD
3y average revenue
$2,387,766,667 USD
Operating expenses
$652,380,000 USD
3y average expenses
$492,402,333 USD
Funds in reserve
$425,309,000 USD
#1 Market country
United States
% of revenue from country #1
0.67%

Asset Performance

#1 Product/Service/Dept. name
Residential
#1 Product/Service revenue
$720,331,000 USD
#2 Product/Service/Dept. name
Commercial
#2 Product/Service revenue
$436,915,000 USD
#3 Product/Service/Dept. name
Power plant
#3 Product/Service revenue
$1,402,316,000 USD

Innovation assets and Pipeline

Investment into R&D
$116,130,000 USD
Total patents held
461
Number of patents field last year
18
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.

Disruption Vulnerability

Belonging to the energy sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the most obvious disruptive trend is the shrinking cost and increasing energy generating capacity of renewable sources of electricity, such as wind, tidal, geothermal and (especially) solar. The economics of renewables are advancing at such a rate that further investments into more traditional sources of electricity, such as coal, gas, petroleum, and nuclear, are becoming less competitive in many parts of the world.

*Concurrent with the growth of renewables is the shrinking cost and increasing energy storing capacity of utility-scale batteries that can store electricity from renewables (like solar) during the day for release during the evening.

*The energy infrastructure in much of North America and Europe is decades old and is currently in the two-decade-long process of being rebuilt and reimagined. This will result in the installation of smart grids that are more stable and resilient, and will spur the development of a more efficient and decentralized energy grid in many parts of the world.

*The growing cultural awareness and acceptance of climate change is accelerating the public's demand for clean energy, and ultimately, their government's investment into cleantech infrastructure projects.

*As Africa, Asia, and South America continue to develop over the next two decades, their populations’ increasing demand first world living conditions will spur demand for modern energy infrastructure that will keep energy sector building contracts going strong into the foreseeable future.

*Significant breakthroughs in Thorium and fusion energy will be made by the mid-2030s, leading to their rapid commercialization and global adoption.