Maxeon Solar, the Singaporean spinoff of US-based SunPower Corporation, returns to its roots on the strength of landmark climate law incentives with a 3GW, $1bn proposed investment into New Mexico.

The company announced the proposed site near commercial centre Albuquerque for manufacturing of its latest-generation TOPCon PV-silicon cell technology and shingled-cell Performance Line solar modules to “meet rapidly growing demand for domestically produced solar panels”, the company said.