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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]
SunPower founder Richard Swanson's former classmate, T.J. Rodgers, was the CEO of Cypress Semiconductor and took an interest in investing in the company. [7] At first, the Cypress board wasn't willing to invest, so Rodgers invested $750,000 of his own money. [8]
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He was founder, president and CEO of TDEnergy, a wind power developer in the U.S. Northeast, from 1982 to 1988. TDEnergy constructed one of the earliest New England wind power facilities in Canaan, NH. [citation needed] Dinwoodie then founded PowerLight Corporation in 1994, and served as its CEO and chairman of the board from 1995 to 2007.
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 ...
The bubble burst on shares of SunPower (NASDAQ: SPWR) today after the stock had been soaring this week. The provider of residential solar and energy storage services didn't announce anything new ...
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