Maxeon Solar Technologies Announces Completion of First Customer Installation with Next Generation Maxeon IBC Panels
New Maxeon 7 panels set industry benchmark with efficiency exceeding 24%
"Customers are increasingly recognizing the importance of investing in top quality, high performing solar solutions to meet their growing energy demands," said
The project was carried out by Maxeon's partner Lidera Energía in
The Maxeon 7 solar panel is the next evolution of Maxeon's back-contact architecture, enabling increased panel efficiency. Maxeon 7 cells feature a unique and patented design to eliminate hotspot risk from cell cracking and heat buildup under shaded conditions. This superior hotspot resistance contributes to the panel's warranted maximum yearly power degradation of 0.25% and protects power output over time. In contrast, other PV technologies, even competing 'back contact' architectures, rely on small diodes in the junction box to mitigate cell heating. If these diodes fail, or if individual cells are shaded or cracked, cells can reach hazardous temperatures resulting in irreparable panel damage and unsafe rooftop conditions.
"Maxeon's technology innovation and deployment continues to deliver exceptional results for customers across the globe," said
To discover how Maxeon technology delivers enhanced value to customers, click here.
The new Maxeon 7 panels are currently available for selected partners in
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding our technology outlook and future performance; product and service terms and launch timing and our expectations regarding ramp, customer acceptance and demand, market traction, upsell and expansion opportunities; the Company's expectations of the timing and success of its strategy in existing and in new markets; the Company's expectations and plans for short- and long-term strategy, including our anticipated areas of focus and investment, market expansion, product and technology focus and projected growth and profitability. Among other things, the quotations from management in this press release contain forward-looking statements. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve uncertainties that may cause results, performance, or achievement to materially differ from those expressed or implied by these forward-looking statements. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the
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