Maxeon Solar Technologies (MAXN) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Maxeon Solar Technologies has received clearance from the Committee on Foreign Investment in the United States for a strategic investment by TCL Zhonghuan Renewable Energy Technology. The company has entered a National Security Agreement with U.S. government agencies and is now reassessing its plans for a greenfield site in Albuquerque, New Mexico. Maxeon plans to start solar panel production at a brownfield site in Albuquerque by 2026, as part of its strategic restructuring.
For further insights into MAXN stock, check out TipRanks’ Stock Analysis page.
