SunPower Making Seismic Strategy Shift Again
SunPower (NASDAQ: SPWR) has gone through a number of major strategic changes over the last five years, and announced another notable move on Tuesday. The company is acquiring Blue Raven Solar for $165 million, scooping up a residential solar installer to bolster its position in the Northeast and bring installation services in-house. The commercial and industrial business may also be on the chopping block for SunPower, which could mean a sale or some other "alternative".