Maxeon Solar Technologies is undergoing a strategic restructuring of its business portfolio and geographic market to focus exclusively on the U.S.
As part of this strategy, the company has executed a five-year lease on a building in Albuquerque, N.M. and expects to begin solar panel manufacturing in the planned 2 GW capacity facility in 2026.
In rest-of-world markets, Maxeon and TCL Technology Group, the parent company of its majority shareholder, have reached agreement-in-principle for the sale of Maxeon’s EMEA, APAC and LATAM sales and marketing organization to TCL Group. The sale is slated to be incorporated into a newly formed solar solutions business unit, TCL SunPower International. The two companies have also agreed in principle for TCL Group to acquire Maxeon’s Philippines manufacturing operations.
These transactions are intended to create a global solar solutions company under TCL Group, while empowering Maxeon to capitalize on its U.S.-focused business platform. Maxeon and TCL Group anticipate signing definitive agreements by the end of the year.
“As Maxeon intensifies its focus on the U.S. market, our priority is to further expand our growing residential and commercial partner network and support our well-established base of utility-scale customers,” says George Guo, Maxeon’s CEO.
“This strategic re-focusing of our business is designed to keep us closer and more attuned to the needs of our U.S. customer base, allowing us to leverage Maxeon’s deep experience and top-tier reputation for product innovation and quality that are a result of almost 40 years of technology leadership and investments in intellectual property.”
The post Maxeon Restructures Portfolio to Focus on US Market appeared first on Solar Industry.
Keep in mind that “removing Trump from office” and “stop talking about Trump” are two different events.
It’s quite possible that a Democrat-controlled congress could remove him from power within the coming months. But think about the damage he’s done to our nation and the path to repair it. Think about the war, the trade deals, the economic policies, our relationships with our allies, the racism, our erstwhile position as leader in world democracy, and the degradation in public health, education, and environmental responsibility.
We’ll be talking about Trump as long as an organized human civilization is functioning on this planet.
To the a
uthor of the meme here, I would suggest that hate and ignorance are far more aggressive forms of cancer.
Yes, Hegseth and RFK, Jr. will be gone, but I think what’s going to happen first is the decapitation of the snake itself, i.e., the removal of Trump from the presidency.
Based on the news on social media, this could happen via the 25th Amendment, based on Trump’s mental deterioration. In my view, that’s a shame. If he’s not criminally prosecuted, this nation will be deprived of letting the American people and the rest of the world know that rule of law still matters in the United States.
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