Maxeon to Showcase Latest Solar Energy Innovations and New Panel Technologies at Intersolar Europe 2024
Maxeon will be exhibiting its residential home energy system, featuring a suite of products and services that empower consumers to manage and optimise their home energy consumption and the use of self-generated clean energy. Products on display include its new Maxeon 7 solar panels pioneering the future of PV technology, Performance 7 solar panels, SunPower Reserve battery storage and SunPower Drive EV charging
Maxeon 7 panels produce 2X more energy over time than other solar panels,1 with over 24% efficiency and superior shade tolerance, and feature an industry-leading 40-year power, product, and service warranty. The Company will also be discussing its recently published field testing demonstrating that Maxeon 7 IBC cells exhibit 70% lower average temperature rise in partial shading compared to competing technologies, eliminating the risk of hotspots.
Alongside the Maxeon line, the company will be exhibiting its Performance 7 product, the newest generation of its Performance line of solar panels, with high efficiency TOPCon cell technology offering solar customers improved aesthetics, increased mono or bifacial energy generation, and a lower temperature coefficient for enhanced output in high-temperature environments. This new line of panels also features a robust 30-year power, product, and service warranty.
A strong focus at Intersolar will be on SunPower Reserve home energy storage solution and the advanced SunPower Drive EV charger. These products are integrated through a reimagined consumer experience driven by the SunPower One app for homeowners. The SunPower One app goes beyond just monitoring the output of a homeowner's solar panels. It also proactively offers users energy insights that show in detail the devices that are consuming electricity in the home, highlighting opportunities to better utilise PV production, battery capacity, and EV charging scheduling to enhance financial savings.
Further Maxeon innovation at the event will include its groundbreaking
At the booth, visitors also have the opportunity to delve into the company's
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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, as amended, including, but not limited to, statements regarding our technology outlook and future performance; the anticipated partnership and 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; and the incorporation of governance-led, sustainable or environmentally beneficial features in our supply-chain management. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and 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
1 PVsyst simulation. Assumptions: Approx 40 m2 residential roof with 1902 GHI at 30 deg tilt. SunPower Maxeon 7 410W (0.2% annual degradation rate + SMA String Inverter). HJT 470W panel (0.83% annual degradation rate + SMA string inverters). HJT deg rate source:
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