Maxeon Files Patent Action Against Tongwei Solar in Germany Over Shingled Solar Cell Updated On Thu, Jun 15th, 2023 by Saurenergy Singapore-based Maxeon Solar Technologies Ltd., has recently filed a patent infringement lawsuit against Tongwei Solar (Hefei) Co., Ltd. and its subsidiary, Tongwei Solar GmbH, at the Dusseldorf District Court in Germany. The suit was filed by Maxeon’s German subsidiary. The lawsuit alleges that Tongwei Solar has infringed upon Maxeon’s European Patent No. EP3522045 B1, which […] Read more
Ayana and Maxeon Complete and Commission 192MWp Bikaner 1 Project Updated On Mon, Mar 14th, 2022 by Saurenergy Ayana Renewable Power and Maxeon Solar Technologies have announced the completion and commercial operation of the 192 megawatt (MW) Bikaner 1 Solar Farm in Rajasthan. It’s a utility-scale solar power plant built in the second half of 2021 and commissioned in December 2021. Bikaner 1 solar power plant has utilized a total of nearly 398,000 Performance 3 […] Read more
Maxeon Solar raises the bar with warranty of 40 Years On IBC Panels Updated On Fri, Feb 4th, 2022 by Saurenergy Headquartered in Singapore, Maxeon Solar Technologies has announced the launch of “the solar industry’s longest and most comprehensive combined warranty” on its Maxeon Interdigitated Back Contact (IBC) product line, which is sold in most countries outside the US and Canada under the SunPower Maxeon brand. Effective for systems installed on or after January 1, 2022, […] Read more
Maxeon Reports Around $3 M Loss, 434 MW Shipments in Q2 FY21 Updated On Fri, Aug 13th, 2021 by Saurenergy Singaporean solar innovation company Maxeon Solar Technologies has announced its financial results for the second quarter ended July 4, 2021, reporting around $176 million in revenues and $2.8 million in losses in Q2 FY21. While the company suffered losses worth $8 million in the year-ago period, it managed to earn a profit of $1.051 million […] Read more
Maxeon Announces Closing of the Full Exercise of Greenshoe Option in its Public Offering Updated On Tue, Apr 27th, 2021 by Saurenergy Maxeon Solar Technologies, Ltd. (“Maxeon”) 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. The issuance and sale of the Option Shares closed today. Maxeon intends […] Read more
Majority Total Owned SunPower Completes Maxeon Solar Technologies Split Updated On Mon, Aug 31st, 2020 by Saurenergy SunPower, majority-owned by Total, has successfully completed the strategic transaction, announced last Nov, to create two independent public companies SunPower, majority-owned by Total since 2011, has announced that it has successfully completed the strategic transaction, announced last November, to create two independent public companies: SunPower, the leading North American distributed generation company, and Maxeon Solar […] Read more
