In Short : Maxeon Solar plans to build alternative supply chains amid rising U.S. tariffs on solar materials from China and Southeast Asia. The company will continue developing its Albuquerque facility and seek U.S.-based suppliers. Despite trade tensions and higher costs, Maxeon remains committed to domestic manufacturing to strengthen resilience and ensure continued growth in […]
Maxeon Solar Technologies Announces the Appointment of a New Independent Director – EQ Mag Pro
SINGAPORE : Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced the appointment of Kris Sennesael to its Board of directors, effective immediately. Mr. Sennesael was also appointed as chair of the Audit Committee of the Board and as a member of the Compensation and Coordination Committees. “I am […]
Maxeon Solar Improves Q1/2022 Revenues But Reports Net Loss Of $-59 Million – EQ Mag Pro
In Q1/2022, Maxeon Solar shipped 488 MW solar modules that grew from 379 MW in Q1/2021 but declined compared to 577 MW in the previous quarter Its DG revenues in the EU increased 75% on annual basis and its market share in Italy has grown to more than 25% Management said it is focused on […]
Maxeon Solar Technologies and Canadian Solar Announce Settlement Agreement Resolving Patent Infringement Lawsuit in Japan – EQ Mag Pro
SINGAPORE : Maxeon Solar Technologies, Ltd. (“Maxeon”) (NASDAQ:MAXN) and Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) announced today that the companies have reached a settlement agreement resolving a patent infringement lawsuit in Tokyo District Court, Japan. The patent infringement lawsuit alleged Canadian Solar Japan infringed Maxeon’s Japan Patent No. JP6642841B2 (“Shingled Solar Cell Module”). Pursuant […]
Maxeon Solar Technologies Announces Appointment of New Chairman of the Board – EQ Mag Pro
SINGAPORE : Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the appointment of Donald Colvin to succeed Kevin Kennedy as its new chairman of the board of directors (“Board”), effective immediately. Mr. Colvin is a seasoned business leader who has held a number of leadership positions for […]
Maxeon Solar Technologies Releases Inaugural Sustainability Report
SINGAPORE : Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced the release of its first Sustainability Report. This provides Maxeon’s customers, investors and the wider public a detailed overview of the company’s Environmental, Social and Governance (ESG) achievements, initiatives, policies and future plans. In December 2020, in its […]
Maxeon Solar Technologies Provides Premium Commercial Solar to Betty Barclay Group Headquarters in Germany
SINGAPORE : Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, announced today that its industry-leading SunPower Maxeon solar panels are powering the Headquarters of Betty Barclay Group, a leading international retailer of modern women’s wear, located in Nußloch, in south-west Germany. Covering a surface area of about 3,800 square meters, […]
Maxeon Solar Technologies Announces Changes to Board of Directors
SINGAPORE : Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) (the Company), a global leader in solar innovation and channels, today announced the appointment of Steve Leonard as an independent non-executive director to Maxeon’s board of directors, effective June 7, 2021. Mr. Leonard is an international leader with more than 30 years of private and public sector experience […]
Maxeon Solar eyes up to USD 144m from share offering
Singapore-based solar panel maker Maxeon Solar Technologies Ltd (NASDAQ:MAXN) could raise close to USD 144 million (EUR 120m) through an underwritten public offering of ordinary shares. The company, a spin-off of SunPower Corp (NASDAQ:SPWR), said on Wednesday that subject to market and other conditions it plans to offer USD 125 million of ordinary shares and […]
Maxeon Solar Technologies Files Patent Action Against Canadian Solar in Japan
SINGAPORE: Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation, today announced that it filed a patent infringement lawsuit against Canadian Solar Japan K.K., in Tokyo District Court, Japan. The lawsuit filing alleges Canadian Solar Japan infringes Maxeon’s Japan Patent No. JP6642841B2 (“Shingled Solar Cell Module”) for the proprietary and fundamental shingled […]
