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Home - Policy - Maxeon places H1 Netto loss as US Import Ban reaches sales – PV Magazine International
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Maxeon places H1 Netto loss as US Import Ban reaches sales – PV Magazine International

solarenergyBy solarenergyAugust 23, 2025No Comments3 Mins Read
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Maxeon Solar Technologies says that his net loss is larger to $ 65.5 million in the first half of 2025, while Power Construction Corp. From China, a tender launched for 60 GW of fixed PV mounting systems for 2025-27.

August 22, 2025
Vincent Shaw

Maxeon Solar Technologies Said net losses larger to $ 65.5 million in the first half of 2025, while sales fell by 89.5% years after year to $ 39 million. The shipments fell 84.9% to 153.2 MW. Chief Executive George Guo said that the losses reflected the continuous impact of a ban from the American customs and border protection (CBP) that was imposed on the import of the company’s panels in July 2024. Maxeon disputed the prohibition and presented a lawsuit at the American Court of International Trade on 15 July, and accused CBP of over -range and incorrect application of the Uyghur Forced Labor Prevention Act. The company warned that the limitations have seriously damaged his company for more than a year.

Power Construction Corp. From China has launched a tender for 60 GW of fixed PV mounting systems for the period 2025-27. The purchasing round comprises 24 GW Hot-Dip Galvanized steel fixings, equal to around 840,000 tons, and 36 GW zinc aluminum-magnesium confirmations, approximately 1.26 million tons.

China Resources Power has opened bids for its second batch of 2025 Purchasing of solar module, a total of 3 GW N-type tunneloxide-passivated contact (topcon) bifacial modules. Bid over three lots attracted more than 20 companies, with prices ranging from CNY 0.673 ($ 0.094)/W to 0.776/W. Average bidding levels settled around CNY 0./W, a significant increase compared to tender prices two weeks earlier.

See also  More than 667 net metering consumers received solar rebates in Malaysia – SPE

The National Energy Administration (NEA) held a meeting with six Chinese ministries, including the Ministry of Industry and Information Technology (Miit), to sharpen the regulation of the sun sector. Officials promised to strengthen the supervision of project investments, to retire outdated capacity and to curb “irrational” low price competition. The meeting also called for stricter monitoring of product prices and quality and enforcement against sale under costs, false marketing, inflated power reviews and violations of intellectual property.

Polysilicon prices Stayed higher in the week until August 21. N-Type re-processed raw material on average CNY 47,900 per ton, an increase of 1.05% week a week, while n-type grainy silicon 3.37% rose to CNY 46,000 per ton. Six companies signed contracts during the week, with small deals that raise the average prices, although large orders remained stable. The output of nine operational producers is expected to remain around 125,000 tons in August. Wafer prices kept stable, with N-type G10L waffles on average CNY 1.2 each, G12R waffles CNY 1.35 and G12 Wafers CNY 1.55.

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