MAXEON SOLAR TECHNOLOGIES, LTD. Business Review
Business Overview
TrustScore Analysis
Our preliminary analysis has revealed key insights about MAXEON SOLAR TECHNOLOGIES, LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
- No positive highlights identified
Negative highlights
- Is relatively new
- No employer brand presence on career platforms
- May not have contact information online
- No official business profile found on major search engines
Corporate Information
MAXEON SOLAR TECHNOLOGIES,
64202
Other holding companies
Contact Information for MAXEON SOLAR TECHNOLOGIES, LTD.
MAXEON SOLAR TECHNOLOGIES, LTD.'s Business Reviews
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Public Preview of MAXEON SOLAR TECHNOLOGIES, LTD.
This is only a preview of the TrustScore results for MAXEON SOLAR TECHNOLOGIES, LTD., showcasing a few facets of its business that we have analysed.
Established Stage
A established brand is one that has achieved a strong, recognisable presence in its market or industry. These brands are well-known, trusted and often considered as key brands in their space. They have a significant loyal customer base, a clear and consistent identity, and a proven track record of success and growth.
Key Characteristics
- Strong Brand Recognition: MAXEON SOLAR TECHNOLOGIES, LTD. is likely widely recognised by its target audience and beyond. These brands are usually household names with history, regional or global reach and financial might.
- Market Leadership: MAXEON SOLAR TECHNOLOGIES, LTD. is often seen as a leader or key player in its industry. They dominate the market and often set trends for others to follow.
- Loyal Customer Base: It has a large and dedicated following of customers after 5 years of operation, often associated with brand value and loyalty.
- Consistent Identity: The brand’s mission, values, and visual identity are well-defined and consistently applied. The narrative is often relational and recognisable.
- Diverse Offerings: It has a robust and varied portfolio of products or services that cater to a wide range of customer needs. After sales service and customer support are usually well aligned with company’s offerings.
- Scaled Operations: The brand has the infrastructure, team, and processes to support its size and reach.
- Financial Stability: It generates steady revenue and often has significant market share.
Why It Matters
- MAXEON SOLAR TECHNOLOGIES, LTD. represent stability, trust, and excellence.
- They have proven their ability to adapt, innovate, and thrive over time. However, even established brands must continue to evolve to stay relevant in a changing market.
The company's address in use by other companies, may raise concerns about the company's credibility and legitimacy. MAXEON SOLAR TECHNOLOGIES, LTD. is relatively new, having been operational for less than a year. Companies that have been established for a longer period of time are generally considered more reliable and trustworthy.
MAXEON SOLAR TECHNOLOGIES, LTD. has no presence on career platforms and provides no public information about its work environment or employee satisfaction. This lack of transparency may indicate less focus on employee well-being or difficulty in attracting talent, potentially impacting MAXEON SOLAR TECHNOLOGIES, LTD.'s long-term success.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
MAXEON SOLAR TECHNOLOGIES, LTD. may not have accessible contact information online, which dilutes engagement and credibility. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
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Sign In to ContinueAssociated News for MAXEON SOLAR TECHNOLOGIES, LTD.
Singapore solar company plans New Mexico manufacturing plant
Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan application with the U.S. Department of Energy, the company announced Thursday. The factory would employ about 1,800 people to provide photovoltaic solar panels for use in residential, commercial and utility-scale solar arrays. Maxeon said the plant would be larger than any comparable existing facility in the United States, equipped to produce panels each year that can generate three gigawatts of electricity. A company representative said that's enough to equip about 460,000 typical U.S. homes with solar power.
Singapore solar company plans major US manufacturing plant in New Mexico, pending federal loan
Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan application with the U.S. Department of Energy, the company announced Thursday. The factory would employ about 1,800 people to provide photovoltaic solar panels for use in residential, commercial and utility-scale solar arrays. Maxeon said the plant would be larger than any comparable existing facility in the U.S., equipped to produce panels each year that can generate three gigawatts of electricity. A company representative said that's enough to equip about 460,000 typical U.S. homes with solar power.
Singapore solar company plans major US manufacturing plant in New Mexico, pending federal loan
Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan application with the U.S. Department of Energy, the company announced Thursday. The factory would employ about 1,800 people to provide photovoltaic solar panels for use in residential, commercial and utility-scale solar arrays.
10 August 2023
Maxeon raises $199.4 million in equity for IBC module manufacturing expansion
Maxeon Solar Technologies, a manufacturer of Maxeon and SunPower brand solar modules, priced a public offering of shares to raise $157.4 million in equity proceeds for which the company said it would use for Maxeon 7 module production and general corporate purposes. Maxeon is selling 7.48 million common shares of stock, including 1.87 million shares of historic investor TotalEnergies, at a price of $28 per share. At closing, the company anticipates receiving over $157 million in gross proceeds. The offering was upsized by 10% from an initial announcement that Maxeon made of selling 6.8 common shares, according to a company statement. The add-on public offering is expected to close today, May 19.
19 May 2023
US solar-panel maker SunPower spins off production into Singapore-based firm
SunPower Corp, one of America's largest solar-panel makers, is giving up its manufacturing business to focus on installing rooftop systems. The company is spinning off its panel production operations into a new company, Maxeon Solar, that will be based in Singapore with factories in France, Malaysia, Mexico and the Philippines, according to a statement on Monday. As part of the deal, a Chinese supplier of silicon wafers will make a US$298 million equity investment, valuing Maxeon at US$1.03 billion. SunPower described the move as a natural evolution of the maturing solar business. Panel makers once had to help create their own market by installing the equipment they manufactured. Now the market is big enough for companies to specialise in one or the other. First Solar Inc, the largest US panel maker, walked away in September from the business of building solar farms to focus on manufacturing. SunPower is moving in the opposite direction.
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Scam.SG's TrustScore is an AI-driven engine that evaluates a business's trustworthiness by analysing data such as customer feedback, behavioral patterns, and compliance records. This comprehensive assessment results in a numerical score reflecting the entity's reliability.
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