Maxeon Stands Firm as Your Partner of Choice for Solar Innovation
Author: Bill Mulligan, Maxeon CEO
Given recent disruption in the solar energy market, including large players reporting significant losses, and others exiting the business altogether, it is important to clearly state to our existing partners and potential new partners, installers, and dealers, that Maxeon stands firm as a leading provider of the world’s finest solar panels and solar energy solutions. In the dynamic world of solar, we understand that change can cause concern. But you can be assured that Maxeon customers are in a secure and promising position.
We’re proud of our nearly 40 years of solar energy leadership. That legacy was born as part of the original SunPower Corporation, but Maxeon spun off from SunPower in 2020 as an independent company. We were the innovation engine for SunPower Corp, but since the spin off, Maxeon has been a separate, publicly traded company, operating independently and with separate management. While SunPower Corp shifted its focus to reselling complete systems in North America, Maxeon continued its legacy as a leading manufacturer of solar panels and solutions, expanding its dealer network globally.
After a few years of fruitful collaboration, at this point, Maxeon has no relationship with SunPower Corporation other than our use of the product brand name.
Maxeon is a leading manufacturer of solar energy solutions including the world’s best solar panels, which we sell in over 100 countries worldwide. In the US and Canada, we sell our Maxeon branded panels. In Europe, Australia and elsewhere, we sell our solar energy solutions under the SunPower from Maxeon Solar Technologies brand.
Maxeon's history of leadership includes the ownership of over 1,900 patents to design the most innovative, reliable, and sustainably made solar panels and energy solutions for residential, commercial, and power plant customers. Maxeon is unique in its breadth and diversity of technology to serve this wide range of solar customers.
While many large players in the solar industry are facing difficulties, Maxeon recently announced a significant recapitalization in conjunction with our strategic investor partner, TCL, which sets us apart and uniquely positions us to thrive.
Our partnership with this leading tech company ensures Maxeon has a stable and robust financial position, even in these challenging times. The fact that TCL is backing Maxeon is of significant importance and having the support of such a large and successful corporation brings numerous benefits.
It ensures stability even in a challenging economic environment. This means Maxeon can continue its focus on innovating and delivering high-quality solar solutions without worrying about market turbulence. TCL's backing provides Maxeon with a competitive edge, both financially and technologically, solidifying our position as a leader in the solar industry.
And as part of our reassurance and our ongoing commitment to customers and partners, it is important to note that our product warranties for both Maxeon and SunPower branded products, will continue to be honored as they always have been.
At Maxeon, our customers are our top priority, and we are committed to delivering the reliable, high-quality solar solutions that you've come to expect from us. We appreciate your trust in our solutions and look forward to powering your future with our advanced solar technologies.
With our network of more than 1,700 trusted partners and distributors, and more than one million customers worldwide, Maxeon continues to be the partner of choice for dealers and installers who want to empower the transition to clean energy.
We’re excited about the future of solar. And we welcome you to join us in Powering Positive Change.