When Total (TTE 1.22%) took a majority stake in SunPower (SPWR), there were provisions in place that made it very difficult to buy additional shares or buy the company outright. But that lockup has ended, and Total can now make a bid for the rest of SunPower.
Solar specialist Travis Hoium has brought this topic up with SunPower's management, and for the time being they don't think a deal is imminent. But as oil giants watch profits getting squeezed by high exploration costs and global fossil-fuel energy growth slowing, the solar industry could be attractive.
Find out how Travis thinks this dynamic will play out in the following video below.
