Maxeon Solar Technologies, Ltd., a renowned global leader in solar innovation and distribution channels, has proudly announced the successful completion of a groundbreaking solar installation featuring its cutting-edge Maxeon IBC solar panels. These next-generation panels boast the world’s highest conversion rate efficiency of any commercial solar panels, reaching an impressive 24.1%. This milestone marks the debut of Maxeon 7 panels in a project, setting a new industry benchmark and reaffirming the company’s commitment to innovation and its ability to translate technological advancements into tangible solutions.
The Maxeon IBC panel installation represents yet another leap forward in performance standards for the entire solar industry. Vikas Desai, Maxeon’s Senior Vice President and General Manager, emphasized the growing recognition among customers regarding the significance of investing in high-quality, high-performing solar solutions to meet escalating energy demands. He highlighted Maxeon’s ongoing commitment to delivering industry-leading power, performance, and production efficiency, with the Maxeon 7 panel offering enhanced energy output and superior performance, thereby demonstrating the present-day realization of solar’s future potential.
The project was executed by Maxeon’s trusted partner, Lidera Energía, in Granada, Spain, with the new Maxeon system becoming operational at the end of December 2023. Andrea Sanz, National Sales Director Spain at Maxeon Solar Technologies, explained that the customer had specific requirements for high energy consumption, which the Maxeon 7 panels uniquely addressed. The panels offer numerous advantages in performance, energy production, reliability, and durability, including an industry-leading warranty of 40 years.
The Maxeon 7 solar panel represents the next evolution of Maxeon’s back-contact architecture, resulting in increased panel efficiency. These cells feature a patented design to eliminate hotspot risk from cell cracking and heat buildup under shaded conditions, contributing to the panel’s warranted maximum yearly power degradation of 0.25% and ensuring consistent power output over time. In contrast, competing PV technologies rely on small diodes in the junction box to mitigate cell heating, which can lead to irreparable panel damage and unsafe rooftop conditions if these diodes fail or if cells are shaded or cracked.
Bill Mulligan, CEO of Maxeon, underscored the company’s ongoing commitment to innovation and delivering exceptional results for customers worldwide. He emphasized that this installation featuring the latest flagship IBC product once again sets a new performance standard for the entire solar industry.
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