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SunPower added record 19,700 U.S. customers in second quarter

August 04, 2022

PV Tech



PV Tech:

Continued demand from Americans for rooftop solar has led residential solar installer SunPower to add a record all time high of 19,700 customers in Q2 2022, a 51% year-on-year increase.

The company builds on its strong performance in Q1 2022 and finishes the first half of the fiscal year with a backlog of 53,000 retrofit and new homes customers. It now has a total of 463,000 residential customers as of 3 July 2022.

During Q2, SunPower partnered with IKEA to offer its products in select IKEA stores around California later this autumn, which will expand the residential installer’s reach to a bigger consumer market.

Moreover, revenue for the residential installer increased 63% year-on-year with US$417.8 million in Q2 2022, and up from US$350.3 million last quarter.

Peter Faricy, CEO at SunPower, said: “With our strategic growth plan, investment in world-class customer experience and robust pipeline, SunPower is well positioned to capture the strong resulting demand for solar and storage.”

[Jonathan Tourino Jacobo]

More: Continued demand for residential solar sees SunPower bag record 19,700 new customers

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