Maxeon Solar Technologies has said it may face manufacturing disruptions if it is unable to mitigate the impacts of raw material and component cost increases from its suppliers.
Maxeon Solar Technologies saw its opening quarter loss widen by 22% year-on-year as materials and logistics costs continue to be a thorn in the side of solar manufacturers.
Maxeon Solar Technologies intends to raise up to US$143.75 million through a share issue to help finance planned capacity expansions and R&D, with long-time partner TZS committing to an investment.
A round-up of the latest news from the US solar market, as Duke Energy unveils what it has described as “next generation net metering” in South Carolina and more details emerge of Sunpower spin-off Maxeon’s top table.