The Solar + Energy Storage Space Has a Surprising Power Player (And It's Not Tesla)
Tesla (NASDAQ: TSLA) was supposed to be the big name in solar and energy storage, leveraging the Powerwall for homes and Powerpack for businesses and using its SolarCity operations to push systems out into the wild. But Tesla is shrinking its solar ambitions and doesn't seem to have much interest in being a leader in anything but utility-scale energy storage.
That presents an opportunity for the rest of the industry, and SunPower (NASDAQ: SPWR) is taking a surprisingly aggressive approach to its energy storage ambitions. Long-term, it could be a huge differentiator for the company.
Image source: SunPower.
Source: Fool.com
Sunpower Corp. Stock
€2.14
-2.220%
Our community is currently low on Sunpower Corp. with 9 Buy predictions and 13 Sell predictions.
However, we have a potential of 180.37% for Sunpower Corp. as the target price of 6 € is above the current price of 2.14 €.
