Maxeon Affirms Commitment to Constructing Large Albuquerque Facility Despite Financial Setbacks and Policy Ambiguity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 25 2025
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Source: Yahoo Finance
Maxeon Solar's Commitment: Despite financial struggles and uncertainties from new legislation, Maxeon Solar Technologies remains dedicated to building a $1 billion manufacturing facility in Albuquerque, which is expected to create 1,800 jobs.
Project Delays and Adjustments: Construction has not yet begun, but the company is working on infrastructure and evaluating alternatives for the facility, including ownership and supply chain adjustments due to regulatory changes.
Financial Challenges: Maxeon reported a significant drop in revenue for the first half of 2025, facing shipping delays and compliance issues with U.S. Customs, which have impacted its operations and stock performance.
Future Plans: The company has shifted its timeline, signing a five-year lease for a former Honeywell building in Albuquerque to begin solar module assembly by 2026, while continuing to engage with stakeholders for updates on its plans.
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About MAXN
Maxeon Solar Technologies, Ltd. is a Singapore-based company. The Company designs and manufactures Maxeon and SunPower brand solar panels. It has sales operations in more than 100 countries, operating under the SunPower brand in certain countries outside the United States. The Company is engaged in solar innovation with access to approximately 1,900 patents to design innovative and sustainably made solar panels and energy solutions for residential, commercial, and power plant customers. Its primary products are the Maxeon line of interdigitated back contact solar cells and panels, and the Performance line of shingled solar cells and panels. Its technology platforms, including the Maxeon line and Performance line, target distinct market segments, serving both the DG and power plant markets. Its products include SunPower Maxeon solar panels, SunPower Performance solar panels, and SunPower AC Module.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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