SunPower brings Wolf River Electric right into Dealer Accelerator Program

• SunPower has made a minority investment in Minnesota solar installation company Wolf River Electric. Through this connection, Wolf River is expected to accelerate its currently high development trajectory in Minnesota alongside an expanding existence in Iowa and also Wisconsin, enabling the business to serve more consumers on the market as well as boost solar adoption in historically underpenetrated areas.

" The success of our clean energy future depends on local services having accessibility to resources and also funding to move quickly as well as effectively to serve the communities we operate in," stated Vlad Marchenko, CEO of Wolf River Electric. "SunPower's track record to provide excellent quality, premium solar options is unparalleled. Their financial investment enables us to serve homeowners on a higher scale along with create new green jobs in the Midwest."

Today's investment makes Wolf River SunPower's 3rd biggest dealer. Wolf River will certainly market SunPower solar, SunVault battery storage space, EV billing tools and economic products on an unique basis for the following five years. The dealer's volume in the three states develops a significant net-new geographic coverage opportunity for SunPower to accelerate adoption in the Midwest. Wolf River additionally plans to make use of the financial investment to develop a devoted warehouse along with expand its sales and also setup teams to swiftly expand and serve more homeowners.

This is the 5th local setup company that SunPower has actually invested in. Wolf River signs up with Renova Energy (California), EmPower Solar (New York), Freedom Solar Energy (Texas) and Sea Bright Solar (New Jersey).

" Our dealer accelerator program has proven successful in determining high development firms that, with some extra financial investment, can raise the speed at which they market, financing as well as mount solar power systems nationwide," claimed Shawn Fitzgerald, Vice President of Corporate Development at SunPower. "With Wolf River on our group, we can increase our reach to guarantee even more homeowners in the Midwest have access to the cost savings and also resiliency provided by clean energy."

SunPower's Dealer Accelerator Program supplies high-potential solar organizations with capital funding and also service guidance to fulfill the enhancing demand for solar nationwide. Dealers in the program specifically sell SunPower solar systems. They likewise offer SunVault battery storage and leverage SunPower Financial for a homeowner's financing requirements.