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About a year later Rodgers had convinced the board to invest $9 million in SunPower and a few months later Cypress bought a majority stake in SunPower. [18] In 2005 SunPower went public [20] and reached a market capitalization of $10.4 billion in 2007. [18] From May 2002 to May 2011, Rodgers served as chairman of SunPower. [21]
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SunPower also announced the French oil and gas company Total was acquiring a majority interest in SunPower for $1.37 billion. [18] In 2012, SunPower founder Richard Swanson retired, though he continued to serve on the SunPower advisory board. [6] By 2013, SunPower's revenues rebounded and it started expanding its manufacturing facilities again ...
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SunPower reported fourth quarter earnings and despite crushing the expectations it set as well as those of Wall Street, the stock hasn't had much of a reaction at all. After the company's report ...
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Dinwoodie then founded PowerLight Corporation in 1994, and served as its CEO and chairman of the board from 1995 to 2007. PowerLight was a global manufacturer, supplier, and systems integrator of solar products and services for the residential, commercial, and utility sectors. [1] In 2004, PowerLight was inducted into the INC 500 Hall of Fame. [2]
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