Maxeon Solar Shifts Focus to U.S. Market Exclusively

Maxeon Solar Technologies (MAXN) has released an update.

Maxeon Solar Technologies is restructuring its business to focus solely on the U.S. market, with plans to establish a 2 GW solar panel manufacturing facility in Albuquerque, New Mexico. Concurrently, the company is selling its EMEA, APAC, and LATAM operations to TCL Group, which will integrate them into a new unit, TCL SunPower International. This move aims to boost Maxeon’s innovation-driven growth in the U.S. while TCL expands its global solar solutions footprint.

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