Solar module manufacturer Maxeon Solar Technologies has posted a slightly dropped financial performance as its adjusted EBITDA for the second quarter of 2023 decreased by 2.4% to US$30.2 million.
Solar module manufacturer Maxeon Solar Technologies has completed the expansion and renovation of its PV manufacturing plant in Mexicali, Baja California, Mexico.
Solar module supplier Maxeon has started evaluating the possibility of expanding its manufacturing capacity in the US with a cell and module assembly plant.
Solar module supplier Maxeon aims to turn the negative adjusted EBITDA around through investing in technology and increasing customer value, in addition to contiuning investing in talents, according to the company’s CEO Bill Mulligan and CTO Matt Dawson.
SunPower has extended its supply agreement with solar technology company Maxeon until 2025 as it seeks to meet rising demand for residential solar in the US.
Solar module supplier Maxeon Solar Technologies has appointed Bill Mulligan as CEO, effective from 23 January, following the departure of its previous CEO, Jeff Waters, in September 2022.
Solar module manufacturer REC has shelved the construction of a 4GW French heterojunction module manufacturing facility, citing "changes in market conditions".
Maxeon Solar Technologies has improved its results from the previous quarter, with Q3 2022 revenue up, driven by the European distributed generation (DG) business.