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Stock impact report

Maxeon Sets Another Solar Panel Efficiency Benchmark and Achieves Leading Reliability Certification [Yahoo! Finance]

Maxeon Solar Technologies, Ltd. - Ordinary Shares (MAXN) 
Company Research Source: Yahoo! Finance
SINGAPORE March 21, 2024 /PRNewswire/ -- 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 i Show less Read more
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