Maxeon Solar reports $179 million Q3 loss
The Singapore-headquartered company has faced product detainment by U.S. Customs and has announced plans to focus solely on the U.S. market.
U.S. national labs evaluate potential for floating solar in Southeast Asia
The labs assessed the technical potential for floating PV and underlined its co-benefits in environmental protection and food security.
Maxeon raises $199.4 million in equity for IBC module manufacturing expansion
The producer of Maxeon and SunPower brand solar modules is raising capital from a $157.4 million underwriting of shares and a separate $42 million private placement with TCL Zhonghuan.
Maxeon posts Q4 2022 revenue beat, increased shipments, stock up 44%
Maxeon module shipments of 734 MW were above ROTH MKM Partners’ estimate of 699 MW, and a 27.2% improvement over 577 MW shipped in Q4 2021.
Energy output is over 100 times the input needed to manufacture solar panels
According to a third-party study, the projected output over the 40-year warranty period of Maxeon solar panels exceeds the energy demand of manufacturing them by over 100-fold. Plus, more details from the Maxeon 2021 sustainability report.
Solar in uncommon spaces
With land use concerns on the rise, large-scale solar projects increasingly are being sited on everything from landfills to water reservoirs. Here’s an overview of the state of the art.
Apple claims to be 100% renewable-powered
Technology multinational Apple Inc. has announced that its global operations are now 100% powered by clean energy. Additionally, another nine of Apple’s manufacturing partners have committed to powering their production with 100% clean energy, meaning a total of 23 suppliers have now made this commitment.
Tariffs risk U.S. position in global solar markets
In this op-ed for pv magazine, Madison Freeman, a research associate for the Council for Foreign Relations, argues that U.S. trade action against imported solar products is not in the nation’s best interest.
Possible exemptions to Section 201: A lifeline for the U.S. market?
Friday’s ruling by the ITC found no injury from several nations including Canada and Singapore, which could exempt imports from these nations from trade action. What does that mean for the U.S. market?
GCL-Poly agrees to buy $150 million of SunEdison’s manufacturing business
The Chinese polysilicon and PV maker will buy three of SunEdison’s manufacturing businesses involved in polysilicon production up until cell production, amid rumors that it is also planning to make a bid for SunEdison’s controlling stake in TerraForm Power.
