SPE said the inverter industry “faces difficulties due to global manufacturing overcapacity and a slowdown in the rooftop PV segment in several important European markets.”
The US Department of Energy (DOE) has launched a US$30 million funding, from the Bipartisan Infrastructure Law, to accelerate the interconnection process for new energy generation.
Maxeon has reached an agreement-in-principle for the sale of Maxeon's EMEA, APAC and LATAM sales and marketing organisation to TCL Technology Group, the parent company of Maxeon’s majority shareholder, TCL Group.