Exclusive Software Streamlines Installer
Workflow and Accelerates Business Growth
SINGAPORE, April 25, 2022 /PRNewswire/ -- Maxeon Solar
Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar
innovation and channels, announced today a partnership with leading
software provider, OpenSolar, to provide its trusted installer
network with Maxeon's SunPower Design, an exclusive software tool
with unmatched design accuracy and speed. As a result, Maxeon's
installer network can design the industry's most accurate proposals
in a matter of minutes, providing their customers with optimal
customer service while maximizing their workflow efficiencies.
Maxeon's SunPower Design complements the new suite of tools
available to installers affiliated with Maxeon. In addition to
Maxeon's SunPower Design, the first release of this new suite
includes advanced education programs, integrated online ordering
including logistics updates, as well as marketing tools and branded
merchandise.
"The new digital tools are the cornerstone of our
customer-centric business transformation, focused on providing a
better experience as well as simplifying the buying process for our
trusted channel partners," said Mark
Babcock, Chief Revenue Officer of Maxeon Solar Technologies.
"We are working hard to deliver a comprehensive, easy-to-use
platform to service our channel partners' most pressing needs and
solve their pain points so that they can focus on their core
business. We expect our digital toolkit to become, release after
release, a true virtual assistant for our installers, delivering
the right information at the right time to gain efficiency in their
sales, procurement and installation processes."
Highlighting OpenSolar partnership strengths, Ralf Elias, Chief Product Officer of Maxeon
Solar Technologies, said, "The combined effort with OpenSolar in
particular allows us to offer industry-leading software
specifically customized to emphasize the value that our premium
panel technology can deliver to end customers in the long
term, further helping our partners to differentiate from the
competition. We expect OpenSolar capabilities to enable us to
quickly deploy a new powerful tool to hundreds of installers
globally and help them to scale fast in such a pivotal time for the
energy transition."
Andrew "Birchy" Birch, Co-Founder at OpenSolar said, "The
strength and market-leading accuracy of the OpenSolar platform is
perfectly suited to support Maxeon and its network of installers.
The customization capabilities we've built ensure that all the
benefits of SunPower technology from Maxeon can be accurately
modeled and presented to the end customer."
Maxeon's SunPower Design will be initially available to its
SunPower-branded channel partners in Europe as well as Australia, and Mexico. To learn more about the new tool and
how it can add value to any solar project, please visit
our website.
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 1,400 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.
About OpenSolar
OpenSolar launched in 2019 with a
mission to scale solar globally by providing installers with
innovative software technology and an equally innovative business
offering – the world's first entirely free-to-use design and sales
platform. Solar installers can use OpenSolar's end-to-end platform
to manage and grow their businesses all in one place with
class-leading solar design accuracy, interactive custom proposals,
and a portfolio of fully integrated financing options, products,
and services. Instead of charging a licensing fee, OpenSolar
provides its software free of charge and instead derives revenue
from its hardware and finance partner affiliates. By utilizing
OpenSolar, installers can avoid costly software licensing fees and
instead, invest more money into other areas of their businesses,
confident they are using the very best design and sales tools
available in the market, all for free. OpenSolar is based in
Sydney, Australia, with remote
offices in the U.S. For more information,
visit www.opensolar.com.
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 anticipated product launch
timing and our expectations regarding ramp, efficiency, customer
acceptance and demand, market traction, upsell and expansion
opportunities; the company's expectations of the timing and success
of its product offering strategy in existing and in new markets,
including our anticipated areas of focus and investment, market
expansion, product and technology focus and projected growth and
profitability. 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.
© 2022 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.
Logo -
https://mma.prnewswire.com/media/1275353/Maxeon_Logo.jpg