The Bullish Case: Renewable energies are hot right now, especially after the Biden administration made a $2 trillion pledge to improve America’s green infrastructure. As mentioned, solar power has an interesting sentiment amongst investors as many are gravitating towards companies like Tesla as a play on sustainable energy. This presents solar companies as a nice undervalued segment of the broader renewable energy market, even though the adoption of the technology has not been as widespread. SunPower is anticipating a 35% growth in revenues in 2021, with a continued rising growth trend in 2022 from both commercial and residential customers. SunPower is also improving its profitability with a 3% EBITDA growth in 2021 and an expected rise to a greater than 40% rate in 2022. The company also anticipates a rise in adoption of solar energy amongst residential users, with 21 million households with solar storage by 2050.