Maxeon Solar and SunPower have successfully revised their supply agreement, settling previous disputes. Maxeon will provide modules to SunPower until February 2024, while SunPower maintains exclusive U.S. distribution rights for M-Series products until March 31, 2024. As part of the resolution, Maxeon is released from non-circumvention obligations and is granted warrants for SunPower stock.
Maxeon and SunPower resolve supply agreement disputes
The disputes under the Master Supply Agreements have also been resolved. Illustration by pixels.
The sale of Westbridge’s 75% stake in Sunnynook Solar to METLEN was completed, set to power 50,000 Alberta homes. (Image Source: Pixabay)
Module shipments in Q3 2024 reached 25,910 MW, with N-type modules comprising 90% of all shipments. (Image Source: SOLARbytes)
With revenue growth and a strong order book, AGEL sets its sights on 2025 IPO to strengthen financial resilience. (Image Credit/Source: KindelMedia/Pexels)
Runergy provides insights into ITC’s Section 337 timeline, countering misleading interpretations of its 45-day and 60-day procedural references. (Image Source: Runergy)