(MENAFN- Baystreet)
Ontrak Launches New Engagement System
Five Below Dives on Quarterly, Yearly Financials
Chewy out with Q4 Earnings
Darden Restaurants' Stock Drops On Mixed Earnings Report
Must-Read Stock News on Intel, Reddit, and More Previous Articles Subscribe to Get Small Cap News & Alerts
Glenn Wilkin - Thursday, March 21, 2024
Maxeon Advances on News about Solar Panels
Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, has extended its technology leadership by achieving another leading efficiency rating benchmark for its solar panels.
The Company today announced a module aperture efficiency measurement of 24.9% for its Maxeon 7 panel, as confirmed by testing conducted at the U.S. National Renewable Energy Laboratory (NREL). Maxeon's new efficiency benchmark builds on a long history of delivering the industry's most advanced solar panels and extends the "champion module efficiency" lead of Maxeon panels previously validated by NREL testing in 2023.
The Company also confirmed that their back-contact (IBC) panels, marketed outside of the U.S. under the SunPower brand, are IEC-certified for impact resistance from hail of up to 45mm diameter, significantly greater than competing solar panels on the market. Achieving this exceptional resistance standard provides increased reliability and durability to support a wider range of solar installations globally.
"Maxeon continues to push the boundaries of what's possible in solar, with products that generate the most reliable clean energy for customers on day one and for decades to come," said CEO Bill Mulligan. "The first installations of our new Maxeon 7 panels are demonstrating the real-world value that our technology leadership is delivering, and further differentiate Maxeon from our competitors."
MAXN shares acquired 14 cents, or 4.2%, to $3.47.
About Us Contact Us Advertise License Our Content Jobs Disclaimer Privacy Policy
Copyright 1998 - 2024 Baystreet Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia. Earnings by Zacks. Analyst Ratings by Zacks
MENAFN21032024000212011056ID1108005989
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.