MAXN News and Press, Maxeon Solar Technologies Ltd. From 02/09/22

Enphase Energy (NASDAQ:ENPH) +23.6% pre-market after the solar company easily topped Wall Street estimates for Q4 earnings and revenues, which rose 56% Y/Y to a record $412.7M, and issued upbeat Q1 revenue guidance. Other solar names are rising in pre-market trading: SEDG +8.8%, NOVA +7%, SPW...

President Biden will extend Section 201 tariffs on imported solar cells and panels for another four years, but loosen some restrictions on importing supplies from Asia as a concession to the renewable energy industry. The extension to 2026 will include an exemption for bifacial panels commonl...

First Solar (FSLR -6%) slides as Bank of America downgraded  shares to Neutral from Buy with a $91 price target, trimmed from $114, citing the rising likelihood that tariffs on bifacial panels that had protected the company will not be extended, which could flood the U.S. market with che...

Maxeon Solar Technologies Extends the Product, Power and Service Warranty on its Flagship Product Line to 40 Years The New 40 Year Warranty Supports Unmatched Long-Term Energy Production and Enhances Product Value, Customer Peace of Mind and Industry-Leading Sustainability P...

Gainers: Dave (NASDAQ:DAVEW) +30%. AgileThought (NASDAQ:AGIL) +16%. Samsara (NYSE:IOT) +16%. Digihost Technology (NASDAQ:DGHI) +16%. Creative Realities (NASDAQ:CREX) +15%. Losers: Harmonic (NASDAQ:HLIT) -14%. TSR (NASDAQ:TSRI) -10%. Fabrinet (NYSE:FN) -9%. Mawson...

Maxeon Solar Technologies Expands Direct Panel Sales into the U.S. C&I Market Via Collaboration with Omnidian Maxeon Solar Technologies Expands Direct Panel Sales into the U.S. C&I Market Via Collaboration with Omnidian The Company will Bundle Performance Guarantees ...

Magnachip failed a CFIUS review. That's unfortunate as I would have liked to receive $29 per share. Arbs anticipated the deal break and the company isn't trading down that much pre-market. Fundamentals have progressed favorably and the company receives a generous break-up fee....

Tough times could be coming for the solar industry due to supply chain constraints and rising costs for developers. The U.S. market is expected to grow 25% less than previously forecast during 2022, according to a new report by the Solar Energy Industries Association and Wood Mackenzie. Solar...

The IEA is out with its latest Renewables Market Report, which forecasts the planet's renewable electricity capacity will jump to more than 4,800 GW by the year 2026, an increase of over 60% compared to levels in 2020. Note that capacity here represents the maximum amount of energy that insta...

First Solar (FSLR +2.7%) jumps on news that the U.S. International Trade Commission recommends an extension of Section 201 tariffs on imported solar cells and modules. Other solar names are mixed, with SPWR +0.6%, MAXN +0.9% and ENPH +1.3%, but JKS -1.7%, RUN -1.5%, CSIQ -0.6% and SEDG -0.6%....