SunPower pumps US$20 million into software firm

Facebook
Twitter
LinkedIn
Reddit
Email

SunPower has invested US$20 million into energy management software firm Tendril.

The solar panel manufacturer and project developer will license Tendril’s Energy Services Management (ESM) platform, which will also benefit from SunPower’s vast archive of solar energy data.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“Consumers want even more flexibility to tailor their energy supply and usage to fit their lifestyles, beliefs and financial goals,” said Tom Werner, president and CEO of SunPower.

“We know that in order to deliver customised offers and choices to customers, we have to first understand individual consumer needs,” added Werner.

The ESM platform allows consumers to monitor their energy and make behavioural changes to their usage while providing power providers with valuable data.

“We've spent the past decade developing the only flexible enterprise-class software platform that can deliver an accurate understanding of the energy consumer on an individual basis,” said Tendril CEO, Adrian Tuck. “Our partnership with SunPower will extend that understanding to include solar, increase engagement and value to energy consumers and allow SunPower and our utility partners to better serve their customer base with even more personalised programmes and services.”

Read Next

September 17, 2025
US renewables developer Longroad Energy has reached financial close for its 400MW 1000 Mile solar project in the US state of Texas.
September 17, 2025
Spanish renewables developer and operator Acciona Energía has commissioned its 412MWp Juna solar PV plant in Kawani village in the western state of Rajasthan. 
September 17, 2025
Spanish IPP Velto Renewables has acquired a portfolio of 53 operational solar assets in Spain with a combined capacity of 260MW.
September 17, 2025
Struggling Swiss solar manufacturer Meyer Burger has formally entered into a debt moratorium, with the possibility of rescuing the entire group now looking unlikely.
September 17, 2025
Nexamp has secured US$350 million through a long-term financing facility to expand its 6GW utility-scale solar and battery storage pipeline in the US. 
September 17, 2025
Chinese module producer DAS Solar is planning a 5GW manufacturing facility focused on producing high-efficiency back contact cells.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA