One sentence summary – Maxeon Solar Technologies has acquired Complete Solaria’s dealer channel operations and solar panel patent portfolio related to shingled cell solar panel technology, aiming to expand its distributed generation footprint and accelerate direct sales efforts, while also strengthening its position in the solar industry and driving advancements in solar energy technology.
At a glance
- Maxeon Solar Technologies acquires Complete Solaria’s dealer channel operations and solar panel patent portfolio related to shingled cell solar panel technology
- The shingled cell technology is currently used in Maxeon’s Performance line of solar modules
- The acquisition is expected to expand Maxeon’s distributed generation footprint and accelerate its direct sales efforts
- Maxeon plans to utilize the acquired solar panel patent portfolio in its cell and module manufacturing facility in Albuquerque, New Mexico
- This move aligns with Maxeon’s previous announcement of selecting Albuquerque as the site for a new 3 GW facility
The details
Maxeon Solar Technologies has announced its acquisition of Complete Solaria’s dealer channel operations and solar panel patent portfolio related to shingled cell solar panel technology.
The shingled cell technology, originally developed by SunPower, is currently being used in Maxeon’s Performance line of solar modules.
This acquisition is expected to expand Maxeon’s distributed generation footprint and accelerate its direct sales efforts, according to CEO Bill Mulligan.
Complete Solaria, an integrated provider of solar installation solutions, was formed through a merger between Solaria and installer Complete Solar.
As part of the deal, Maxeon plans to utilize the acquired solar panel patent portfolio in its cell and module manufacturing facility located in Albuquerque, New Mexico.
This move aligns with Maxeon’s previous announcement regarding the selection of Albuquerque as the site for a new 3 GW facility.
This facility will produce TOPCon PV-silicon cell technology and shingled-cell Performance Line solar modules.
The acquisition will provide Complete Solaria with additional capital to focus on its core systems segment and optimize its customer offering.
By acquiring Complete Solaria’s dealer channel operations and solar panel patent portfolio, Maxeon aims to strengthen its position in the solar industry and further expand its manufacturing capabilities.
This development signifies Maxeon’s commitment to innovation and growth in the solar energy sector.
By incorporating the shingled cell technology into its existing product line and leveraging the acquired patent portfolio, Maxeon aims to enhance its competitiveness and drive advancements in solar energy technology.
Overall, this acquisition is seen as a strategic move by Maxeon Solar Technologies.
This move enables them to broaden their reach, improve their product offerings, and solidify their position in the solar energy market.
Article X-ray
Here are all the sources used to create this article:
A pixelated sun logo with a dotted line connecting it to a small shop icon.
This section links each of the article’s facts back to its original source.
If you have any suspicions that false information is present in the article, you can use this section to investigate where it came from.
| pv-magazine.com |
|---|
| – Maxeon Solar Technologies is acquiring Complete Solaria’s dealer channel operations and solar panel patent portfolio related to shingled cell solar panel technology. – |
| The shingled cell technology was originally developed by SunPower and is used in Maxeon’s Performance line of solar modules. – Maxeon’s CEO, Bill Mulligan, stated that the acquisition will expand the company’s distributed generation footprint and accelerate its direct sales efforts. – Complete Solaria is an integrated provider of solar installation solutions and was formed through a merger between Solaria and installer Complete Solar. – Maxeon plans to use the acquired solar panel patent portfolio in its cell and module manufacturing facility in Albuquerque, New Mexico. |
| – Maxeon previously announced its selection of Albuquerque for a new 3 GW facility that will produce TOPCon PV-silicon cell technology and shingled-cell Performance Line solar modules. – |
| The acquisition will provide Complete Solaria with capital to focus on its core systems segment and optimize its customer offering. |
English 
Portuguese 
Turkish 
Chinese 
German