Nov. 11 at 7:38 PM
$SPWR $ENPH $RUN $SEDG Rodgers continued, “The SEIA has forecasted that the U.S. residential solar industry will install a massive 11 gigawatts (about
$28 billion) – 6.0 gigawatts in 2025 and 5.2 gigawatts in 2026. Right now, due to the 2026 forecasted 13% ITC reduction, the industry is consolidating, giving publicly traded companies like SPWR an opportunity to join with leading private companies like Ambia – not to cash the founders out – but to let them invest in kind in a bigger and more durable company that they will also help run.”
Rodgers concluded, “The tangible benefits of the acquisition after closure will show up fully in Q1’26 financial statements, just when the new industry will be challenged with the ITC loss for homeowners, but not for Third Party Ownership, aka TPO-funded transactions. Fortunately, Ambia’s backlog will be 72% TPO at the close.
