maxeon

Embattled solar manufacturer Maxeon has applied for ‘judicial management’ in Singapore, following a challenging year for the company.

Chinese solar PV manufacturer Aiko Solar will license a raft of solar cell technology patents from Singapore-based manufacturer Maxeon.

The Patent Trial and Appeal Board (PTAB) of the US Patent and Trademark Office (USPTO) has partially ruled against solar manufacturer Maxeon in several claims against Canadian Solar.

Solar manufacturer Maxeon has filed a new patent infringement lawsuit against fellow PV manufacturer Aiko before the Munich Regional Court I in Germany.

Maxeon shipped just 153.2MW of modules in the first half of this year, just 15% of the capacity sold in the first half of 2024.

Maxeon shipped just 211MW in the fourth quarter of 2024, driving a year-end revenue of less than half of what was reported in 2023.

US Customs & Border Protection (CBP) has denied Maxeon’s protests made against its detention of the company’s modules brought into the US.

Maxeon opened the case in June 2023. The case concerns shingled solar cell technology patents used in Maxeon’s Performance line modules

The demise of SunPower and the ongoing struggles of Maxeon dominated the news in Q3 2024, along with forecasts of a lengthy industry downturn.

The company recorded losses of US$179.1 million in Q3, with revenues of US$88.5 million, in a continually difficult year.