Maxeon Solar Technologies exceeded both its volume and revenue guidance in Q2 2022 thanks to the strong performance of its distributed generation (DG) business in the EU and its utility-scale projects in the US.
TCL Zhonghuan has announced a US$200 million investment into Maxeon Solar Technologies that will allow the company to access Maxeon’s IBC solar cell platform, while using Maxeon's position as a global player to set up shop in international markets.
Solar manufacturer Maxeon is leveraging its network of installers and partnering with other energy technology providers in a Capex-lean model for expansion. Here’s the thinking behind its strategy.
Maxeon Solar Technologies saw its gross loss widen in Q1 2022 despite outlook-beating revenue after the sale of excess polysilicon at a loss dragged on its performance.
