Maxeon Solar Technologies

Maxeon Solar Technologies Ltd. engages in the manufacturer and marketer of premium solar power technology. Its products include Maxeon Line of IBC solar cells and panels, and the Performance Line of shingled solar cells and panels. The firm owns and operates solar cell and panel manufacturing facilities located in France, Malaysia, Mexico and the Philippines, as well as participate in a joint venture in China with TZS. The company was founded in 2019 and is headquartered in Singapore.

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Maxeon Solar Technologies excels in Q4, eyes growth opportunities

Maxeon Solar Technologies delivered strong financial performance in Q4 2022, with a focus on margin improvement and revenue growth. The company's strategic initiatives in distributed generation and utility-scale segments are driving market share gains and ASP increases. Challenges include navigating regulatory changes and potential impacts of domestic content requirements.

Maxeon Solar Technologies surpasses Q1 projections, eyes US expansion

Maxeon Solar Technologies had a strong Q1, exceeding financial projections and maintaining margins in key markets. While facing challenges in the US DG market, the company is focused on growth opportunities and technology leadership to drive future success.

Maxeon Solar reports robust Q2 growth, eyes expansion opportunities

Maxeon Solar Technologies showcased strong financial performance with revenue growth and adjusted EBITDA in Q2, despite market challenges.
The company's strategic strengths lie in its U.S. utility-scale sector exposure, premium market focus, and commitment to high-efficiency technology.
While facing challenges such as demand fluctuations and disputes, Maxeon Solar Technologies is poised for growth through market opportunities and technological advancements.
With updated revenue guidance and expansion plans, the company aims to capitalize on opportunities for increased shipments, margins, and market presence.

Maxeon Solar Technologies faces mixed Q3 results but eyes growth opportunities

Maxeon Solar Technologies navigated a challenging quarter with contrasting performance in key markets. Strategic settlements and joint ventures have positioned the company for growth, with a focus on improving margins and profitability in the medium term. Opportunities exist in new product introductions, cost reductions, and strategic partnerships to drive future success.

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SINGAPORE, May 20, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, announced today that it has executed an agreement to supply approximately one gigawatt of its high efficiency bifacial Performance 5 UPP solar panels for the construction of the Gemini solar plus storage power plant project located near Las Vegas, Nevada, United States (U.S.).

Maxeon Solar Technologies to Supply High-Efficiency Solar Panels for Primergy's GW-Scale Gemini Project

SINGAPORE, May 18, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) (the Company), a global leader in solar innovation and channels, today announced the commercialization of its new Maxeon Air™ technology platform.

Maxeon Solar Technologies Announces Maxeon Air™ Solar Panels, a Disruptive Technology Platform

SINGAPORE, May 10, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced it will release its first quarter 2021 financial results on May 20, 2021.

Maxeon Solar Technologies to Release First Quarter 2021 Financial Results on May 20, 2021

SINGAPORE, May 6, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced that it has been selected by Clean Capital Energy Group (CCE), one of Austria's largest and most experienced solar energy service company, as their primary premium solar panel technology provider to build a growing base of residential and commercial solar customers in Austria.

Maxeon Solar Technologies and Clean Capital Energy Group Join Forces to Bring More High-Quality Green Solar Energy to Austria

SINGAPORE, April 26, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. ("Maxeon") (NASDAQ: MAXN) today announced that, in connection with its previously announced public offering of 6,944,445 ordinary shares, the underwriters have fully exercised their option to purchase an additional 1,041,666 ordinary shares (the "Option Shares") at a public offering price of $18.00 per share.

Maxeon Announces Closing of the Full Exercise of Greenshoe Option in its Public Offering of Ordinary Shares

SINGAPORE, April 20, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. ("Maxeon") (NASDAQ: MAXN) today announced the closing of its previously announced public offering of $125.0 million of ordinary shares at a public offering price of $18.00 per share.

Maxeon Announces Closing of Public Offering of Ordinary Shares

Solar innovator Maxeon Solar Technologies Ltd (NASDAQ: MAXN) priced a $125 million secondary public offering at $18 per share to raise $117.1 million. The offer price signifies a 6.8% discount to the Thursday closing price of $19.31.

Maxeon Raises $125M Via Secondary Equity Offering At 6.8% Discount

SINGAPORE, April 16, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (Maxeon) (NASDAQ: MAXN) today announced the pricing of an underwritten public offering of $125.0 million of ordinary shares at a price of $18.00 per share.

Maxeon Announces Pricing of Public Offering of Ordinary Shares

Earnings didn't hit what investors were expecting.

Why Maxeon Solar Technologies Stock Fell 13.7% on Wednesday

SINGAPORE, April 6, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial results for its fourth quarter and fiscal year ended January 3, 2021.

Maxeon Solar Technologies Announces Fourth Quarter and Fiscal Year 2020 Financial Results

SINGAPORE, April 6, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced a major new initiative to expand its engagement in the rapidly growing U.S. solar power market.

Maxeon Solar Technologies Announces Initiative to Expand Engagement in U.S. Solar Power Market

SINGAPORE, April 1, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that Ralf Elias will join Maxeon as its Executive Vice President and Global Head of Distributed Generation (DG) Products on July 1, 2021.

Maxeon Solar Technologies Announces Hire of Senior Executive Ralf Elias to Lead its Distributed Generation Growth "Beyond the Panel"

SINGAPORE, March 30, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation, today announced it will release its fourth quarter and fiscal year 2020 financial results on April 6, 2021.

Maxeon Solar Technologies to Release Fourth Quarter and Fiscal Year 2020 Financial Results on April 6, 2021

SINGAPORE, March 8, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation, announced today that its management team will present in a fireside chat at 33rd Annual Roth Conference on March 16, 2021, at 4:00 PM...

Maxeon Solar Technologies to Participate at 33rd Annual Roth Virtual Conference

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SINGAPORE, Jan. 19, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation, announced today that its Maxeon solar cell fabrication facility in Laguna, Philippines, has been awarded Leadership in Energy and Environmental Design for Building...

Maxeon Solar Technologies Earns Prestigious LEED Gold Certification

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Operational Improvements Make Maxeon Solar A Top Play On The Expansion Of Solar In The U.S.

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SINGAPORE, Dec. 22, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global solar innovation leader, today announced that the company has received a positive patent validity ruling in a patent invalidation action filed in China by the Chinese solar manufacturer LONGi...

Maxeon Solar Technologies Wins Patent Validity Ruling in China

SINGAPORE, Dec. 17, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation, today announced a strategic addition to its executive management team with Mark Babcock joining the company as Chief Revenue Officer (CRO), effective immediately....

Maxeon Solar Technologies Welcomes Mark Babcock as Chief Revenue Officer

SINGAPORE, Dec. 14, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation, today joined the United Nations Global Compact, the world's largest voluntary corporate sustainability initiative. The company committed to be a Signatory of the...

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