Maxeon Solar Technologies is revamping its logistics strategy after a shipping “logjam” attributed to the module maker missing its Q3 shipments guidance.
Maxeon Solar Technologies has said it may face manufacturing disruptions if it is unable to mitigate the impacts of raw material and component cost increases from its suppliers.
Maxeon Solar Technologies saw its opening quarter loss widen by 22% year-on-year as materials and logistics costs continue to be a thorn in the side of solar manufacturers.
US distributed solar and storage firm SunPower has joined the ranks of US installers to bounce back from a COVID hit Q2, while raising its guidance for the full year.
A round-up of the latest news from the US, where New Jersey utility PSEG is considering offloading its solar business and Sunrun joins forces with SK E&S for “electrification venture”.
Reshuffle of company assets comes as firm braces for Q2 2020 slowdown as it lines up funding support, with idled factories set for a gradual return to activity.
