Connection

popular articles

Everfuel announces a 2 GW hydrogen project in Revsing for the German market
United Kingdom: The Automotive Industry Trailing on Its Electric Sales Targets
South Africa: Complex Energy Transition after Komati’s Closure
Lightsource bp and Google have commissioned the 188 MW Honeysuckle Solar project in St. Joseph County, Indiana.
US Elections 2024: The Disappearance of “King Coal” from the Political Scene

Maxeon reorganizes its operations to focus on the U.S. solar market

Maxeon Solar Technologies announces a strategic restructuring of its business portfolio, refocusing its operations on the U.S. market while transferring its international activities to the TCL Group.
Gestion des actifs solaires Espagne

Please share:

Maxeon Solar Technologies (NASDAQ: MAXN), one of the global leaders in solar technology, has announced a major strategic overhaul of its business portfolio. This decision aims to refocus the company on the U.S. solar market, where it already has a strong presence and an expanding manufacturing infrastructure.

As part of this strategy, Maxeon has signed a five-year lease for a building in Albuquerque, New Mexico. This site will host a new solar panel manufacturing facility with a 2-gigawatt capacity, scheduled to begin operations in early 2026. This initiative aligns with the company’s goal of building a domestic solar supply chain and meeting the growing needs of the residential, commercial, and utility-scale markets in the U.S.

A strategic shift for international markets

For its international operations, Maxeon has reached agreements in principle with TCL Technology Group, the parent company of its majority shareholder. These agreements include the sale of sales and marketing activities in Europe, the Middle East, and Africa (EMEA), Asia-Pacific (APAC), and Latin America (LATAM) to TCL Group. These assets will be integrated into a new entity called TCL SunPower International.

At the same time, TCL Group will also acquire Maxeon’s manufacturing facilities in the Philippines. These transactions will enable TCL to establish a robust global solar platform while allowing Maxeon to focus on its expertise and growth within the U.S. market.

Close collaboration with local authorities

According to George Guo, Maxeon’s CEO, this strategic repositioning will enable the company to stay closer to its U.S. customers while strengthening its partner network. He also highlighted the importance of support received from local authorities, including the governor of New Mexico and municipal and state officials, in setting up the Albuquerque site.

Globally, TCL SunPower plans to develop innovative and sustainable solar solutions for homeowners and businesses. This includes distributing solar solutions under the SunPower brand through exclusive installation partners and marketing TCL Solar products via distribution channels.

Register free of charge for uninterrupted access.

Publicite

Latest news

Shell ends new offshore wind projects to refocus its energy strategy
Russian Gas: Putin Expands Payment Options Amid US Sanctions
Suez wins a historic waste-to-energy contract in Toulouse
No Offers for Denmark’s Largest Offshore Wind Farm
First Electric Batteries Made in France: A Challenge for European Sovereignty

Recently published in

The Most Ambitious Solar and Storage Project in the U.S. Gains Crucial Approval

The Sunstone Solar project, with a total capacity of 2.4 GW in Oregon, reaches a major milestone with final state approval, paving the way for significant investment in clean energy and local agricultural resilience.
Solar supply chains: between Chinese dominance and geopolitical tensions
China, the global leader in the solar industry, is redefining the rules of international trade. Between overcapacity and growing protectionism, supply chains are undergoing unprecedented reconfiguration.
en_1140756540
Solar supply chains: between Chinese dominance and geopolitical tensions
China, the global leader in the solar industry, is redefining the rules of international trade. Between overcapacity and growing protectionism, supply chains are undergoing unprecedented reconfiguration.
en_1140756540
Oman launches a qualification process for a 280 MW solar project in Al Kamil Wal Wafi
The Sultanate of Oman continues its energy diversification efforts with the qualification process for the Al Kamil Wal Wafi solar project, planned to produce 280 MW, boosting the country’s use of clean energy.
en_1140751540
Oman launches a qualification process for a 280 MW solar project in Al Kamil Wal Wafi
The Sultanate of Oman continues its energy diversification efforts with the qualification process for the Al Kamil Wal Wafi solar project, planned to produce 280 MW, boosting the country’s use of clean energy.
en_1140751540
A Step Towards Vision 2030: TotalEnergies and Aljomaih Launch the 300 MW Rabigh 2 Solar Project
The TotalEnergies and Aljomaih Energy & Water consortium signs a 25-year agreement to develop Rabigh 2, a key solar project within Saudi Arabia’s national renewable energy program, scheduled for 2026.
en_1140758540
A Step Towards Vision 2030: TotalEnergies and Aljomaih Launch the 300 MW Rabigh 2 Solar Project
The TotalEnergies and Aljomaih Energy & Water consortium signs a 25-year agreement to develop Rabigh 2, a key solar project within Saudi Arabia’s national renewable energy program, scheduled for 2026.
en_1140758540

Katiola: $53 Million for a 50 MW Solar Power Plant in Côte d’Ivoire

A 50 MW solar power plant will be constructed in Katiola, Côte d’Ivoire. Fully financed by Katiola Solar Power, a subsidiary of JC-Monfort, this investment is valued at $53 million.
U.S. Solar Cell Manufacturing Reaches a Historic High in 2024
With 40 GW of manufacturing capacity and favorable policies, the U.S. solar industry resumes cell production, marking a key milestone in the energy transition.
en_1140742540
U.S. Solar Cell Manufacturing Reaches a Historic High in 2024
With 40 GW of manufacturing capacity and favorable policies, the U.S. solar industry resumes cell production, marking a key milestone in the energy transition.
en_1140742540
Amarenco secures €500 million to strengthen its solar infrastructure in Europe
Amarenco announces an international €500 million financing deal to support its solar projects in Europe, solidifying its strategic positioning in key markets.
en_1140746540
Amarenco secures €500 million to strengthen its solar infrastructure in Europe
Amarenco announces an international €500 million financing deal to support its solar projects in Europe, solidifying its strategic positioning in key markets.
en_1140746540
France: 18-Month Extension for Installing Solar Canopies on Large Parking Lots
Large outdoor parking lots now have until January 2028 to comply with the obligation to install photovoltaic canopies, according to a decree published this week. This decision eases the pressure on the retail sector.
en_1140757540
France: 18-Month Extension for Installing Solar Canopies on Large Parking Lots
Large outdoor parking lots now have until January 2028 to comply with the obligation to install photovoltaic canopies, according to a decree published this week. This decision eases the pressure on the retail sector.
en_1140757540

Jacobs partners with Terra Solar for a major energy project in the Philippines

Jacobs and Terra Solar Philippines Inc. collaborate on a 3.5 GW solar and 4.5 GW battery storage project. Valued at $3.3 billion, the project aims to meet 12% of the Philippines' energy needs.
Côte d’Ivoire: €15 Million EU Funding to Accelerate Green Energy
Côte d’Ivoire partners with the European Union with €15 million investment to promote green energy, reinforcing its goal of achieving 45% renewables in its energy mix by 2030.
en_1140703540
Côte d’Ivoire: €15 Million EU Funding to Accelerate Green Energy
Côte d’Ivoire partners with the European Union with €15 million investment to promote green energy, reinforcing its goal of achieving 45% renewables in its energy mix by 2030.
en_1140703540
VSB France commissions the “Soleil de Balsac” photovoltaic plant in Aveyron
VSB France inaugurated a 9.2 MWc solar power plant in Aveyron, installed on a former quarry. This project optimizes the use of an industrial site at the end of its operation while doubling its initial capacity.
en_1140702540
VSB France commissions the “Soleil de Balsac” photovoltaic plant in Aveyron
VSB France inaugurated a 9.2 MWc solar power plant in Aveyron, installed on a former quarry. This project optimizes the use of an industrial site at the end of its operation while doubling its initial capacity.
en_1140702540
The French Photovoltaic Sector Reaches a Milestone with One Million Installations in 2024
The 52nd edition of the Solar Energy Observatory highlights significant growth in photovoltaic connections, marking a milestone with one million installations in operation.
en_1140710540
The French Photovoltaic Sector Reaches a Milestone with One Million Installations in 2024
The 52nd edition of the Solar Energy Observatory highlights significant growth in photovoltaic connections, marking a milestone with one million installations in operation.
en_1140710540

Avangrid and Portland General Electric Launch a 120 MWac Solar Project in Oregon

Avangrid, Portland General Electric, and their partners are launching a 120 MWac solar project in Morrow County, Oregon, to provide renewable energy to companies like Meta through the Green Future Impact program.
The United States Tightens Anti-Dumping Duties on Asian Solar Panels
The U.S. imposes anti-dumping duties of up to 271% on solar panels from Southeast Asia. A move aimed at protecting the domestic industry while disrupting global trade flows.
en_1140690540
The United States Tightens Anti-Dumping Duties on Asian Solar Panels
The U.S. imposes anti-dumping duties of up to 271% on solar panels from Southeast Asia. A move aimed at protecting the domestic industry while disrupting global trade flows.
en_1140690540
Catalina Energy Capital launches with three major solar and storage projects
Catalina Energy Capital launches with three major solar and storage projects
en_1140676540
Catalina Energy Capital launches with three major solar and storage projects
Catalina Energy Capital launches with three major solar and storage projects
en_1140676540
The Rocher Group Invests in 2.1 MW Solar Carports
The Rocher Group is partnering with GreenYellow to install 4,900 solar panels in La Gacilly, delivering an annual output of 2 GWh under a 20-year self-consumption model.
en_1140680540
The Rocher Group Invests in 2.1 MW Solar Carports
The Rocher Group is partnering with GreenYellow to install 4,900 solar panels in La Gacilly, delivering an annual output of 2 GWh under a 20-year self-consumption model.
en_1140680540

India Bets on Solar Energy: Khavda, A Record-Breaking Project

India is building the world's largest solar power plant in the Gujarat desert. With 60 million panels and 770 wind turbines, Khavda exemplifies a colossal ambition to address the country's energy and climate challenges.
The CERN and Voltalia: A Solar Partnership for Decarbonized Energy
The CERN and Voltalia have signed an ambitious partnership to power particle accelerators with solar energy. This 15-year contract includes two solar plants in France, cutting CO2 emissions by 8,775 tons per year.
en_1140653540
The CERN and Voltalia: A Solar Partnership for Decarbonized Energy
The CERN and Voltalia have signed an ambitious partnership to power particle accelerators with solar energy. This 15-year contract includes two solar plants in France, cutting CO2 emissions by 8,775 tons per year.
en_1140653540
REDEN inaugurates a cutting-edge factory to boost photovoltaic production in France
REDEN, a key player in the solar sector, opens a new factory in Roquefort. Combining innovation and local commitment, this 200 MW facility strengthens the regional economy and supports national energy transition goals.
en_1140635540
REDEN inaugurates a cutting-edge factory to boost photovoltaic production in France
REDEN, a key player in the solar sector, opens a new factory in Roquefort. Combining innovation and local commitment, this 200 MW facility strengthens the regional economy and supports national energy transition goals.
en_1140635540
Sonnedix surpasses 1 GW in Spain with the inauguration of the Betierra solar park
Sonnedix celebrates a major milestone with the inauguration of its Betierra project, a 150 MW solar park in Spain, reaching a total capacity of 1 GW, strengthening its key role in the energy transition.
en_1140630540
Sonnedix surpasses 1 GW in Spain with the inauguration of the Betierra solar park
Sonnedix celebrates a major milestone with the inauguration of its Betierra project, a 150 MW solar park in Spain, reaching a total capacity of 1 GW, strengthening its key role in the energy transition.
en_1140630540

Neoen lowers its 2024 Ebitda forecast following a strategic delay in Australia

The French renewable energy producer Neoen adjusts its 2024 adjusted EBITDA forecast downward, as a result of delaying a key asset sale in Australia to 2025.
TotalEnergies suspends investments with the Adani Group in India
In response to corruption accusations against Adani executives, TotalEnergies announces the suspension of any new investments with its Indian partner while affirming that it is not involved in the alleged actions.
en_1140594540
TotalEnergies suspends investments with the Adani Group in India
In response to corruption accusations against Adani executives, TotalEnergies announces the suspension of any new investments with its Indian partner while affirming that it is not involved in the alleged actions.
en_1140594540
A 244 MW Solar Park: A First for the Baltic States
The Risti solar park in Estonia promises an energy revolution. Scheduled for 2026, it will power 55,000 households, integrate hybrid solutions, and support the local economy with unprecedented funding.
en_1140577540
A 244 MW Solar Park: A First for the Baltic States
The Risti solar park in Estonia promises an energy revolution. Scheduled for 2026, it will power 55,000 households, integrate hybrid solutions, and support the local economy with unprecedented funding.
en_1140577540
The GR-eco Islands Program: An Innovative Model for the Energy Transition of Greek Islands
The GR-eco Islands program, launched by the Greek government, transforms the country’s islands into models of energy autonomy and sustainability through renewable energy and technological innovations. A flagship initiative in the fight against climate change.
en_1140554540
The GR-eco Islands Program: An Innovative Model for the Energy Transition of Greek Islands
The GR-eco Islands program, launched by the Greek government, transforms the country’s islands into models of energy autonomy and sustainability through renewable energy and technological innovations. A flagship initiative in the fight against climate change.
en_1140554540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS