Diligence memo · auto-generated · as of July 2, 2026
Solar Power, Inc.
Solar Power, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Solar Power, Inc. operates in Other Energy, based in Roseville.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Solar Power, Inc. has raised $58M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $33M on 2011-01-05.
Most recent recorded round closed around 2011-01-05.
Valuation (modeled)modeled
Provath models Solar Power, Inc. at approximately $382M (range $78M–$1.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.57× the median modeled value of Series B Other Energy companies in 2010–2012 (28 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 15.5 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 3.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 91% of Other Energy peers (2049 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Nexlube Operating Llc, OPX Biotechnologies Inc, Boulder Wind Power, Inc., Nexant, Inc, Sinocoking Coal & Coke Chemical Industries, Inc..
Peoplefiled
13 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.