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Maxeon Solar Technologies Ltd - MAXN STOCK NEWS

Welcome to our dedicated news page for Maxeon Solar Technologies (Ticker: MAXN), a resource for investors and traders seeking the latest updates and insights on Maxeon Solar Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Maxeon Solar Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Maxeon Solar Technologies's position in the market.

News
Maxeon Solar Technologies Initiates TOPCon Patent Infringement Lawsuit Against Hanwha Q CELLS
Rhea-AI Summary
Maxeon Solar Technologies, (NASDAQ:MAXN) has initiated a patent infringement lawsuit against Hanwha Q CELLS in the Eastern District of Texas, alleging infringement of Maxeon patents related to TOPCon solar cell technology. Maxeon's significant investments in research and development have led to major advancements in solar technology, with a global patent portfolio of over 1,650 granted patents. The company is committed to protecting its leadership position and enforcing its patent rights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.59%
Tags
none
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News
Maxeon Solar Technologies Initiates TOPCon Patent Infringement Lawsuit Against REC Solar Holdings AS
Rhea-AI Summary
Maxeon Solar Technologies, a global solar innovation leader, has filed a patent infringement lawsuit against REC Solar Holdings AS regarding TOPCon solar cell technology. Maxeon aims to protect its extensive patent portfolio and enforce its rights to fair competition in the solar manufacturing industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.96%
Tags
none
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News
Australian Crisis Support Center Conserves Critical Resources with Help from Maxeon
Rhea-AI Summary
Maxeon Solar Technologies, donates solar PV system to Lifeline Albury Wodonga crisis support center in Australia, reducing electricity costs by 70%. The system includes Performance Line solar panels and SunPower Reserve energy storage. The initiative is part of Maxeon Gives program to provide innovative, affordable, and sustainable energy solutions globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.93%
Tags
none
News
Maxeon Introduces New SunPower Performance 7 Solar Panels with Cradle to Cradle Certification
Rhea-AI Summary
Maxeon Solar Technologies, introduces SunPower Performance 7 solar panels, featuring TOPCon cell technology, Cradle to Cradle Certification, and a 30-year warranty. The panels offer exceptional energy production, reliability, and sustainability, setting a new standard in the solar industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.89%
Tags
none
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News
Maxeon Solar Technologies Announces Preliminary Fourth Quarter and Fiscal Year 2023 Results
Rhea-AI Summary
Maxeon Solar Technologies, (NASDAQ: MAXN) provided preliminary unaudited financial results for Q4 2023 and FY 2023, along with Q1 2024 shipment and revenue numbers. The company experienced stable ASPs in the fourth quarter, with the U.S utility-scale business driving revenues. Maxeon is focusing on cost reduction and liquidity management to achieve profitability. The company plans to file its annual 20-F report by April 30, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
Tags
earnings
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News
Maxeon Appoints Vikas Desai as Chief Commercial Officer
Rhea-AI Summary
Maxeon Solar Technologies, appoints Vikas Desai as Chief Commercial Officer to drive global go-to-market strategies. Desai, a solar industry veteran, will enhance brand value and grow commercial activities globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.6%
Tags
management
News
Maxeon Solar Technologies Initiates TOPCon Patent Infringement Lawsuit
Rhea-AI Summary
Maxeon Solar Technologies, (MAXN) initiates a patent infringement lawsuit against Canadian Solar, Inc. in the Eastern District of Texas. The lawsuit alleges infringement of Maxeon patents related to TOPCon solar cell technology. Maxeon emphasizes its commitment to enforcing patent rights globally, backed by a robust patent portfolio of over 1,650 granted patents and 330 pending applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.33%
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none
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News
Maxeon Sets Another Solar Panel Efficiency Benchmark and Achieves Leading Reliability Certification
Rhea-AI Summary
Maxeon Solar Technologies, achieves a module aperture efficiency of 24.9% for its Maxeon 7 panel, extending its technology leadership in solar innovation. The panels are also certified for impact resistance from hail up to 45mm diameter, providing increased reliability and durability for solar installations globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
none
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News
Maxeon Solar Technologies Announces Completion of First Customer Installation with Next Generation Maxeon IBC Panels
Rhea-AI Summary
Maxeon Solar Technologies, Ltd. (MAXN) announces the completion of a new solar installation featuring its next-generation Maxeon IBC solar panels with the world's highest conversion rate efficiency of 24.1%. The project sets a new industry benchmark, showcasing Maxeon's innovation leadership and ability to provide top-quality, high-performing solar solutions. The Maxeon 7 panels offer increased energy production, superior output, and unmatched reliability, with a 40-year warranty. The technology eliminates hotspot risks and ensures long-term power output protection.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.12%
Tags
none
News
Maxeon Solar Technologies Recognized as One of the World's Top 50 Most Sustainable Corporations
Rhea-AI Summary
Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) has been included in the Corporate Knights Global 100 index for the second consecutive year, ranking number 44 among the world's most sustainable corporations. The company scored well for its sustainable supply chain, employee health and safety, and female representation in management. Maxeon's CEO, Bill Mulligan, expressed pride in the company's sustainability efforts, emphasizing the exceptional performance and longevity of its products. The Chief Legal and Sustainability Officer, Lindsey Wiedmann, highlighted the company's commitment to corporate responsibility and climate action. Maxeon has also received recent accolades for its sustainability achievements, including the 'Sustainable Business' award at the United Nations Global Compact Network Singapore's Apex Award ceremony and the 'Best Solar Company' award at the World ESG Summit Asia in Kuala Lumpur.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.92%
Tags
none
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Maxeon Solar Technologies Ltd

Nasdaq:MAXN

MAXN Rankings

#4190 Ranked by Market Cap
#4997 Ranked by Stock Gains
N/A Ranked by Dividends

MAXN Stock Data

111.89M
32.29M
38.8%
55.86%
23.55%
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About MAXN

headquartered in singapore, maxeon designs, manufactures and sells sunpower brand solar panels across more than 100 countries, with operations in africa, asia, oceania, europe and the americas. maxeon is the leader in solar innovation, with access to over 1,000 patents and two best-in-class differentiated solar panel product lines. the company's flagship sunpower maxeon panels reach record-setting efficiency and unmatched reliability while its value line sunpower performance panels offer reliability and output superior to conventional products. both product lines are deployed at some of the highest-performing solar power plants around the world and are installed on residential and commercial rooftops by a global network of more than 1,100 trusted partners and distributors. maxeon is also the exclusive supplier of solar panels to california-based sunpower corporation. as a sustainability pioneer and longstanding advocate for the environment, maxeon solar technologies' manufacturing oper