{"id":88243,"date":"2024-11-28T04:51:03","date_gmt":"2024-11-27T19:21:03","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=88243"},"modified":"2024-11-28T04:51:03","modified_gmt":"2024-11-27T19:21:03","slug":"maxeon-solar-restructuring-mb3061","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/maxeon-solar-restructuring-mb3061\/","title":{"rendered":"The Maxeon Solar Saga Continues With Strategy Shift"},"content":{"rendered":"

\"Maxeon<\/p>\n

Premium PV panel manufacturer Maxeon Solar Technologies has had quite a year – and like the year, the Maxeon saga ain’t over just yet.<\/p>\n

Yesterday the company announced a major strategic restructuring of its business portfolio and market focus; intending to focus exclusively on the U.S. market. The company has agreed in principle for the sale of Maxeon’s EMEA (Europe, the Middle East and Africa), APAC (Asia Pacific) and LATAM (Latin America) sales and marketing organisation to TCL Group, which will form a solar solutions business unit named TCL SunPower International.<\/p>\n

Furthermore, the pair have also agreed in principle for TCL Group to acquire Maxeon’s Philippines manufacturing operations.<\/p>\n

Who Is TCL Group?<\/h2>\n

China’s TCL Group is Maxeon’s majority shareholder and its parent company has been around for more than 40 years. TCL Group is probably best known for consumer electronics such as display panels, TVs, other home appliances and mobile devices. But there’s also a solar arm, TCL Photovoltaic Technology, which describes itself as providing “one-stop solutions integrating development, manufacturing, and energy management”.<\/p>\n

What Will Happen In Australia?<\/h2>\n

SunPower solar panels<\/a> have been used for residential rooftop installations in Australia for a long time and are considered by some to the “Rolls Royce” of solar panels (both in terms of quality and price).<\/p>\n

The solar PV manufacturing aspect of SunPower was separated from the US installation side back in 2020 and a new company emerged \u2013 Maxeon Solar Technologies. \u00a0In August this year, SunPower Corporation (USA) filed for bankruptcy protection<\/a>. But SunPower branded Maxeon products have been sold in Australia by SunPower Corporation Australia Pty Ltd., which is independent from the US-based SunPower Corporation.<\/p>\n

Under the new restructuring, TCL Group President and COO Kevin Wang said:<\/p>\n

“Outside of the U.S., TCL SunPower plans to provide innovative, sustainable solar solutions for both homeowners and businesses,” he said<\/a>. “These would include SunPower branded solar solutions sold via the existing SunPower branded exclusive installation partners, as well as TCL Solar products sold through distribution channels.”<\/p><\/blockquote>\n

I asked SunPower Corporation Australia about the situation here going forward and they informed me the SunPower (Maxeon) team and SunPower Australia legal entity will not change with this latest restructuring. The current product portfolio will remain available and accessible, and the company will still be honouring existing SunPower\/Maxeon warranties in Australia with stronger financial backing from TCL Group.<\/p>\n

Maxeon’s USA Plans …And Problems<\/h2>\n

Maxeon recently inked a five-year lease on a building in Albuquerque, New Mexico as the first stage of its solar manufacturing plans in the USA. Assuming things go to plan, this will allow Maxeon to roll out a 2 GW module assembly facility expected to commence operations in 2026. The firm is continuing to look into also establishing solar cell manufacturing capacity in the US.<\/p>\n

Maxeon currently has a solar cell manufacturing facility in Malaysia, another in the Philippines, and two solar panel assembly factories in Mexico. But the company hasn’t had much joy of late getting panels from Mexico across the border into the USA. The company stated earlier this month<\/a> that despite providing U.S. Customs & Border Protection (CBP) officials with traceability documentation of its clean supply chain, the modules continue to be detained.<\/p>\n

“.. CBP reviewers have alleged a lack of sufficient documentation to prove Maxeon’s compliance with the Uyghur Forced Labor Prevention Act (UFLPA), which the Company vehemently refutes, having provided clear and objective evidence to the contrary,” the firm said.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Premium PV panel manufacturer Maxeon Solar Technologies has had quite a year – and like the year, the Maxeon saga ain’t over just yet.<\/p>\n","protected":false},"author":17,"featured_media":88244,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-88243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nThe Maxeon Solar Saga Continues With Strategy Shift<\/title>\n<meta name=\"description\" content=\"Premium PV panel maker Maxeon Solar Technologies has had quite a year - and like the year, the Maxeon saga ain't over just yet.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/maxeon-solar-restructuring-mb3061\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Maxeon Solar Saga Continues With Strategy Shift\" \/>\n<meta property=\"og:description\" content=\"Premium PV panel maker Maxeon Solar Technologies has had quite a year - 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Aiko (Again!)","author":"Michael Bloch","date":"December 17, 2025","format":false,"excerpt":"Singapore-based solar manufacturer Maxeon is once again taking on Chinese module producer Aiko over alleged infringements of Maxeon patented technology. A look at the case, and the contested tech. What's Maxeon's Back Contact Patent Beef With Aiko? Maxeon Solar Technologies states it has filed a new patent infringement lawsuit against\u2026","rel":"","context":"In "Solar Panels"","block_context":{"text":"Solar Panels","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-panels-2\/"},"img":{"alt_text":"Maxeon vs. Aiko - back contact patent suit.","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/12\/maxeon-iko-patent.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/12\/maxeon-iko-patent.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/12\/maxeon-iko-patent.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/12\/maxeon-iko-patent.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/12\/maxeon-iko-patent.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":61867,"url":"https:\/\/www.solarquotes.com.au\/blog\/maxeon-alphaess-sunpower-mb2474\/","url_meta":{"origin":88243,"position":2},"title":"Maxeon Hooks Up With AlphaESS For SunPower One","author":"Michael Bloch","date":"May 16, 2022","format":false,"excerpt":"High-end solar panel manufacturer Maxeon has made an interesting choice of energy storage and EV charging solutions partner - AlphaESS. On May 5, Maxeon \"unveiled\" the SunPower One integrated home energy solution, stating: \".. the Maxeon's SunPower One solution goes beyond simple monitoring to proactively advise homeowners on ways to\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Maxeon and AlphaESS - SunPower One","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/05\/alpha-ess-maxeon-sunpower.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/05\/alpha-ess-maxeon-sunpower.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/05\/alpha-ess-maxeon-sunpower.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/05\/alpha-ess-maxeon-sunpower.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/05\/alpha-ess-maxeon-sunpower.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":83838,"url":"https:\/\/www.solarquotes.com.au\/blog\/maxeon-compliance-nasdaq-mb2926\/","url_meta":{"origin":88243,"position":3},"title":"Maxeon Cops Nasdaq Non-Compliance Notice","author":"Michael Bloch","date":"May 23, 2024","format":false,"excerpt":"Producer of SunPower solar panels, Singapore-headquartered Maxeon (NASDAQ: MAXN) says it has received a notice of non-compliance from Nasdaq, an American stock exchange. Here's why. Founded in 1985, SunPower spun off much of its solar panel manufacturing into Maxeon Solar Technologies in August 2020[1. While Maxeon manufactures all SunPower Maxeon\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Maxeon Nasdaq non-compliance","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/maxeon-financial-notice.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/maxeon-financial-notice.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/maxeon-financial-notice.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/maxeon-financial-notice.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/maxeon-financial-notice.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":63242,"url":"https:\/\/www.solarquotes.com.au\/blog\/sunpower-maxeon-epbt-mb2538\/","url_meta":{"origin":88243,"position":4},"title":"SunPower Maxeon 3 Solar Panels: Energy Payback","author":"Michael Bloch","date":"July 4, 2022","format":false,"excerpt":"Maxeon Solar Technologies has revealed the energy payback time of its SunPower Maxeon 3 solar panels - and it's pretty impressive. The solar panel energy payback myth, while not as prevalent as it once was, still persists. It claims the amount of energy required to manufacture a solar panel is\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SunPower Maxeon solar panel energy payback time","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/07\/sunpower-maxeon-epbt.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/07\/sunpower-maxeon-epbt.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/07\/sunpower-maxeon-epbt.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/07\/sunpower-maxeon-epbt.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/07\/sunpower-maxeon-epbt.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":49147,"url":"https:\/\/www.solarquotes.com.au\/blog\/maxeon-solar-results-mb1948\/","url_meta":{"origin":88243,"position":5},"title":"Maxeon Solar Releases Q4 And FY20 Results","author":"Michael Bloch","date":"April 8, 2021","format":false,"excerpt":"SunPower spinoff Maxeon Solar Technologies has published results for the firm's first full quarter as an independent public company, and revealed intentions to assemble solar panels in the USA. About The SunPower\/Maxeon Thing First, a bit of background. In November 2019, SunPower announced it was to spin off much of\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Maxeon Solar Technologies","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/maxeon-solar-technologies.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/maxeon-solar-technologies.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/maxeon-solar-technologies.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/maxeon-solar-technologies.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/maxeon-solar-technologies.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/88243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=88243"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/88243\/revisions"}],"predecessor-version":[{"id":88247,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/88243\/revisions\/88247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/88244"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=88243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=88243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=88243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}