Maxeon Solar Technologies posted net losses of US$14.87 million in its Q1 2024 financial results. It also announced that its future utility-scale solar business will be “focused exclusively on the US”.
The US government has proposed new regulations regarding tax credits for the owners of renewable energy and energy storage facilities eligible for support under the Inflation Reduction Act (IRA).
Chinese solar manufacturer LONGi has launched a new solar module which it said exhibits the benefits of standardised module and wafer sizes in the solar industry.