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.
Consider the meme here, and then remember that the nine of the ten poorest states in the U.S. (Mississippi, Louisiana, West Virgina, Kentucky, Arkansas, Alabama, Oklahoma, Tennessee, and South Carolina) are all bright red.
How do they get away with stupidity like this?
Well, there’s the bottom of the state rankings for education:
- 46. Mississippi
- 47. Kentucky
- 48. Louisiana
- 49. Arkansas
- 50. West Virginia
Do you see any correlation?
Republican Operatives Are Tenacious as Messaging–And Truth Has No Bearing on It
Good question here at left.
To me, it depends.
If the person seems intelligent enough to be able to hold a thought in his head that opposes his current beliefs, I’d actively encourage the discussion. Otherwise, I’m out. No need to raising someone’s temper for no reason or gain.
To the jackass who sent me the meme here: What about the 5 million Americans who moved to Canada? What about the steady flow of Americans expatriating to Costa Rica, New Zealand, Australia, Iceland and Northern Europe?
My wife and I have two kids and a grandchild in the States, and we have a gaggle of medicos to address the various health conditions associated with aging. If that weren’t the case, I’d be writing this from Stockholm or Aukland.
I wouldn’t be looking for a “utopia,” just an escape from the frustration, anger, and sadness that I feel every day, as I watch the country I love deteriorate into authoritarianism.
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