SINGAPORE, June 28, 2021 /PRNewswire/ -- Maxeon Solar
Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar
innovation and channels, announced today that its industry-leading
SunPower Maxeon solar panels are powering the Headquarters of Betty
Barclay Group, a leading international retailer of modern women's
wear, located in Nußloch, in south-west Germany.
Covering a surface area of about 3,800 square meters, the 750kWp
installation featuring 1724 SunPower Maxeon solar panels, is
expected to yield an estimated 765,000 kWh of clean solar energy
each year, equivalent to 460,000 kg of annual CO₂ emissions
avoided. Betty Barclay Group estimates that more than 90% of the
electricity produced, or about 700,000 kWh per year, will be used
on-site, with the remaining 10% being fed into the local
electricity grid. As a result, Betty Barclay Group will be able to
meet about one fourth of its annual electricity needs with this
solar system, reducing its own energy cost and profiting from clean
energy delivered to local users, for 25 years or more.
Robert Küper, Chief Executive Officer of Betty Barclay Group,
mentions the role of the company's philosophy in this undertaking:
"At Betty Barclay, we see our responsibility to use natural
resources as sparingly and in as much an environmental friendly
manner as possible, true to our company claim ʻWe Respect – Humans
and Natureʼ. This does not just apply to our products, but to the
entire organization. Our solar rooftop installation is an integral
part of our sustainability strategy, at the same time it makes
economic sense for us. The high efficiency and 25-year product and
performance warranty means more energy and cost savings for us in
the long term."
Solar Activ, a SunPower Premier Partner since 2012, was chosen
to implement the solar installation. Next to the quality of
SunPower Maxeon solar panels, their comprehensive guidance and
technical expertise were deciding factors for Betty Barclay Group.
Due to the challenging conditions of the installation site, a flat
roof made of steel rails and concrete tiles, Solar Activ designed a
custom mounting system that ensured wind resistance requirements,
and delivered an aesthetically pleasing result.
Manuel Peter, founder and
managing director of Solar Activ, clarifies the company's approach:
"Our goal is to understand our customers and their exact needs to
design individual solutions that fit their specific requirements.
In doing so, we focus on high-end products of the highest quality.
SunPower Maxeon panels are unmatched in efficiency, reliability,
durability and robustness, providing higher value to our
customers." Peter also praised the sustainability of SunPower
Maxeon panels, which earned the Cradle to Cradle Certified—Bronze
designation after going through a rigorous evaluation of
sustainable practices.
"We value our long-term relationships with sales and
installation organizations like Solar Activ, with the commercial
and technical expertise needed to satisfy the requirements of our
increasingly sophisticated customer base," said Karsten Mosch, National Sales Director Germany,
Maxeon Solar Technologies. "Germany is one of largest solar markets, and
also one of Maxeon's first. For more than 35 years, our technology
has enabled customers to go green and gain independence from
fluctuating electricity prices by producing their own long-term
solar energy. The winning combination of our leading-edge
technology and our qualified partner network enables us to offer
superior-quality solar solutions that address increasing
self-consumption trends in Germany
and in Europe, allowing for a more
sustainable future for us and the generations to come."
Maxeon Solar Technologies continues to experience robust demand
for its market-leading solar panels with partners like Solar Activ.
Increasingly, many commercial and industrial companies
in Europe are embracing solar energy as part of their
environmental sustainability vision.
To learn more about the leading efficiency and greater returns
offered by Maxeon Solar Technologies, please
visit https://sunpower.maxeon.com/de/.
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 1,200 trusted partners and distributors. A pioneer in
sustainable solar manufacturing, Maxeon leverages a 35-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 the
Private Securities Litigation Reform Act of 1995, including, but
not limited to, statements regarding the company's expectations
regarding customer demand, pricing trends and growth projections;
our technology outlook, including anticipated efficiencies of our
modules, continued success in technological innovations, delivery
of products with features customers demand, and future performance
of our modules; and the company's strategic goals and plans,
including relationships with existing customers, suppliers and
partners, and our ability to maintain them. 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
www.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.
© 2021 Maxeon Solar Technologies, Ltd. All Rights Reserved.
MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd.
Visit www.maxeon.com/trademarks for more information.
Video -
https://mma.prnewswire.com/media/1552805/Maxeon_Solar_Betty_Barclay.mp4
Photo
- https://mma.prnewswire.com/media/1552761/FINAL_pic.jpg
Logo -
https://mma.prnewswire.com/media/1275353/Maxeon_Logo_Open_Blue_RGB2_Logo.jpg