- The Company will showcase its ecosystem of residential
energy products as part of an installer roadshow in 13 cities
across Europe
SINGAPORE, Sept. 27, 2023 /PRNewswire/ -- Maxeon Solar
Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar
innovation and channels, today announced that its SunPower One
ecosystem of products and services is now available through
authorized dealers and installers in Belgium, France, Italy, Spain,
and Australia. To celebrate this
milestone, the Company has organized a European tour where
installers can receive training and observe hands-on demonstrations
as well as acquire the necessary certifications to install SunPower
One products. The roadshow kicks off in Antwerp, Belgium, and will continue for two
months across Europe, stopping in
13 cities.
Following this phase, the company plans to roll-out the SunPower
One ecosystem to other countries across Europe in the final quarter of 2023 and to
additional markets in 2024.
SunPower One is an ecosystem of industry-leading products that
enable consumers to take control of their domestic energy
consumption and optimize the use of the clean energy they produce.
The suite of products within the ecosystem includes the company's
high-efficiency residential solar panels, the new all-in-one
SunPower Reserve storage system, the upcoming SunPower Drive EV
charging solution and a range of other energy services and
integrations.
All of these products and services are tied together by a
reimagined consumer experience inside the SunPower One app for
homeowners. The SunPower One app goes beyond just monitoring the
output of a homeowner's solar panels, and proactively offers users
energy insights that show in detail the devices that are consuming
electricity in the home, highlighting opportunities to better
utilize PV production, battery capacity, and EV charging scheduling
to enhance financial savings.
In June 2023, Maxeon announced a
collaboration with Samsung Electronics Co., Ltd. to integrate the
SunPower One app into the SmartThings' connected home platform so
that homeowners will be able to automatically manage even more
devices around the home to optimize their energy
consumption.
"Homeowners are now seeking more control over their energy
consumption and they recognize the value of investing in
top-quality, high-performing energy systems," said Mark Babcock, Chief Revenue Officer at Maxeon
Solar Technologies. "With Maxeon's high performance solar panels as
the underlying, enabling technology, SunPower One gives homeowners
much more control over the amount of energy their home uses and
allows them to use it more efficiently."
"We are thrilled about the new SunPower One offer for
Italy as it combines the superior
performance of the best-of-breed solar panel technology with other
hardware and software to create a full ecosystem – all packaged
under one single brand for a unique, seamless experience,"
said Daniele Botti, Managing Director at Kennew, SunPower
Elite Partner, Italy. "Maxeon is
once again demonstrating that it is a pioneer not just in solar
solutions but also in energy management."
"The new SunPower One brings a distinctive proposition in our
product and solutions portfolio and will help us approach our
customers in a different manner, with a complete premium offering
defined by a very compelling value proposition for home-owners in
search of a brand they can trust on as well as products that help
them become smarter actors of the energy transition. In addition to
the benefits of enhanced energy efficiency, it also strengthens the
relationship between customers and installers, allowing us to
suggest to our customers opportunities to optimize the use of their
systems, and even expand them when time is right," commented Daniel
Vanwetswinkel, Chairman at SolarPower partners, SunPower Elite
Partner, Belgium.
SunPower One will also provide a modern and efficient experience
for SunPower installers with one single app to commission all the
products and services within the SunPower One ecosystem. This will
streamline commissioning times for SunPower Reserve and Drive to
industry-leading benchmarks or better, allowing installers to
finish their jobs faster and increase their business velocity.
SunPower One also includes a new digital experience to better
support the installer sales cycle, including one consolidated
account from which to access marketing collateral, product
training, and warranty registration.
"Moving beyond panels is not just about introducing new products
but leveraging our technological prowess to accelerate the adoption
of clean energy. Our investments in improving the digital
experience of our customers, combining industry-leading
easy-to-install hardware with innovative services, and expanding
the solution with integrations like Samsung SmartThings all help to
solve pain points for consumers and installers," said Ralf Elias, Chief Product Officer at Maxeon.
During the SunPower One Tour, besides technical training and
products certification for installers, homeowners will have the
chance to interact with SunPower One complete Home Energy
Management and get the real SunPower One experience. To know more:
info@sunpoweroneontour.com.
Australian customers will get the latest about the SunPower One
Home Energy Experience at Maxeon's booth, VV131, during All Energy
Australia, this October 25-26.
About Maxeon Solar Technologies
Maxeon Solar
Technologies (NASDAQ:MAXN) is Powering Positive Change™.
Headquartered in Singapore, Maxeon designs and manufactures
Maxeon® and SunPower® brand solar panels, and has sales operations
in more than 100 countries, operating under the SunPower brand in
certain countries outside the United States. The Company
is a leader in solar innovation with access to over 1,000 patents
and two best-in-class solar panel product lines. Maxeon products
span the global rooftop and solar power plant markets through a
network of more than 1,700 trusted partners and distributors. A
pioneer in sustainable solar manufacturing, Maxeon leverages a
35-plus-year history in the solar industry and numerous awards for
its technology. For more information about how Maxeon is Powering
Positive Change™ visit us at www.maxeon.com, on LinkedIn and
on Twitter @maxeonsolar.
Forward-Looking Statements
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 anticipated partnership, product and service
launch timing and our expectations regarding ramp, customer
acceptance and demand, market traction, upsell and expansion
opportunities; the company's expectations of the timing, utility,
performance and success of its product offering strategy in
existing and new markets; the Company's expectations regarding the
environmental and sustainability benefits of its product offering;
the company's expectations and plans for short- and long-term
strategy, including our anticipated areas of focus and investment,
market expansion and product and technology focus. 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 Securities and Exchange Commission ("SEC")
from time to time, including our most recent report on Form 20-F,
particularly under the heading "Item 3.D. Risk Factors." Copies of
these filings are available online from the SEC or on the
Financials & Filings section of our Investor Relations website
at https://corp.maxeon.com/financials-filings/sec-filings. All
forward-looking statements in this press release are based on
information currently available to us, and we assume no obligation
to update these forward-looking statements in light of new
information or future events.
© 2023 Maxeon Solar Technologies, Ltd. All Rights Reserved.
MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd.
Visit https://corp.maxeon.com/trademarks for more
information.
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