Maxeon Solar Technologies Struggles to Find Growth and Profits Despite Promising New Products

Singapore – Maxeon Solar Technologies, a technology company that specializes in the design, distribution, installation, and servicing of solar panels, is facing challenges in achieving significant growth and profits. While the company offers promising newer products, it has yet to see the desired financial results. Maxeon Solar Technologies is publicly traded on the NASDAQ under the ticker symbol MAXN. What sets this company apart is its unique ownership structure. A Chinese energy company called TCL Zhonghuan Renewable Energy Corporation owns 23% of Maxeon, while Total Energy or TotalEnergies, a prominent French oil company, owns 15%. … Read more