US solar firm seeks PH expansion: $900M investment, 3k jobs

📆 3/5/2023 5:45 PM
📰 manilabulletin

⏱ Reading Time:
24 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

United States (US)-based solar energy firm Maxeon plans to make a $900 million solar energy investment in the Philippines that would create an estimated 3,000 jobs. ManilaBulletin

The company, which operates under the name of Sunpower Philippines Manufacturing Ltd., is a global leader in solar technology and innovation.

The President met with business leaders in a series of meetings at the Blair House in a bid to attract more investments to the country. During the meeting, Mulligan expressed his company’s confidence on the Marcos administration, citing this as reason his company plans to expand in the Philippines. So far, Maxeon Sunpower has started the expansion of their research and development facility in Cavite, providing around 2,000 engineering jobs in the area.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Solar firm Maxeon eyes $900-M investment in PHWASHINGTON — Solar firm Maxeon is considering investing some $900 million in solar energy in the Philippines as part of its efforts to expand its operations.
Source: gmanews - 🏆 11. / 68 Read more »