Solaria Corporation to merge with Complete Solar

Solaria Corporation produces residential solar modules. Image: Solaria Corporation via Twitter.

PV module producer Solaria Corporation will merge with solar services provider Complete Solar, the US companies announced today.

The combined company, dubbed Complete Solaria, will provide a “one-stop service”, from design to the installation and financing of solar systems, according to a joint statement.

Solaria Corporation produces solar modules for the residential segment and has a national network of more than 1,200 installers.

Solaria CEO Tony Alvarez, who will be Complete Solaria president, said the merger “gives us critical mass”, enabling the combined business to provide a broader array of services while significantly expanding Complete Solar’s geographic footprint.

The companies, both of which are based in California, said they see significant tailwinds for US solar, driven by the recently passed Inflation Reduction Act.

Complete Solar provides residential and commercial customers with a digital platform for solar sales and installation, as well as the ability to monitor the energy consumption and performance of their units. Its CEO, Will Anderson, will serve as Complete Solaria’s CEO.

According to the companies, key benefits of the business combination include expanded geographic footprint and scale across 48 US states, enhanced supply chain certainty and improved ability to attract and retain talent.

Solaria Corporation secured US$40 million in funding in 2019, allowing it to double residential solar module production.

The company set up tracker manufacturer Nextracker, which was sold to Flextronics in 2015.

6 June 2023
Join us in Napa to unlock the key to reliable PV module supply to the U.S. market in 2023 & 2024. We'll also be gathering the main players in the US solar market for some wine tasting!

Read Next

November 24, 2022
The California Public Utilities Commission’s (CPUC) most recent net energy metering (NEM) proposal is too extreme and will discourage homeowners from adopting residential solar, according to Bernadette Del Chiaro, executive director of clean energy business group the California Solar and Storage Association (CALSSA).
November 23, 2022
Newly launched solar inverter and solutions provider Solinteg has launched a range of new PV products in recent months as it expands its international presence and targets 2GW of production capacity next year, rising to 10GW in 2025.
PV Tech Premium
November 21, 2022
Qcells has its eye on the US with several recently announced plans for large investments in manufacturing, but it is also rebranding away from pure module manufacturing to also offer holistic home energy solutions with a push in the UK market.
November 17, 2022
Thin-film manufacturer First Solar has confirmed that its fourth US factory will be opened in Lawrence County, Alabama. The factory has an expected manufacturing capacity of 3.5GWdc annually and will represent an investment of approximately US$1.1 billion.
November 16, 2022
Strata Clean Energy, a US solar and storage developer, has acquired Arizona-based Crossover Energy Partners to expand its offerings and execution capabilities.
November 14, 2022
A wholly owned subsidiary of Singapore-based energy company Sembcorp Industries has secured a deal to acquire Indian independent power producer Vector Green Energy.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 29, 2022
Malaga, Spain
Solar Media Events
February 22, 2023
Leonardo Royal Hotel London Tower Bridge
Solar Media Events
March 14, 2023
Berlin, Germany
Solar Media Events
March 21, 2023
Lisbon, Portugal
Solar Media Events
June 6, 2023
Napa, USA