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Maxeon Solar Technologies Acquires Complete Solaria’s Dealer Channel Operations and Solar Panel Patent Portfolio

One sentence summary – Maxeon Solar Technologies has acquired Complete Solaria’s dealer channel operations and solar panel patent portfolio, which includes shingled cell solar panel technology initially developed by SunPower, in a move to expand its distributed generation footprint and accelerate direct sales efforts, while also strengthening its presence in the solar energy market and expanding its product portfolio.

At a glance

  • Maxeon Solar Technologies acquires Complete Solaria’s dealer channel operations and solar panel patent portfolio
  • The acquired portfolio is related to shingled cell solar panel technology
  • This technology was initially developed by SunPower and is currently used in Maxeon’s Performance line of solar modules
  • The acquisition aims to expand Maxeon’s distributed generation footprint and accelerate direct sales efforts
  • Maxeon plans to leverage the acquired solar panel patent portfolio in its cell and module manufacturing facility in Albuquerque, New Mexico

The details

Maxeon Solar Technologies has announced its acquisition of Complete Solaria’s dealer channel operations and solar panel patent portfolio.

The portfolio is related to shingled cell solar panel technology.

This technology was initially developed by SunPower.

It is currently utilized in Maxeon’s Performance line of solar modules.

Maxeon’s CEO, Bill Mulligan, stated that this strategic acquisition aims to expand the company’s distributed generation footprint.

It also aims to accelerate its direct sales efforts.

Complete Solaria is an integrated provider of solar installation solutions.

It was formed through the merger of Solaria and installer Complete Solar.

Maxeon plans to leverage the acquired solar panel patent portfolio in its cell and module manufacturing facility.

This facility is located in Albuquerque, New Mexico.

Maxeon had previously announced the selection of Albuquerque for the establishment of a new 3 GW facility.

This facility will focus on producing TOPCon PV-silicon cell technology and shingled-cell Performance Line solar modules.

The acquisition is expected to provide Complete Solaria with the necessary capital to concentrate on its core systems segment.

It will also help optimize its customer offering.

Maxeon Solar Technologies aims to further strengthen its presence in the solar energy market with this move.

It also aims to expand its product portfolio.

This acquisition reinforces Maxeon’s position as a frontrunner in the solar energy industry.

It also highlights its commitment to innovation and growth in the renewable energy sector.

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A solar panel surrounded by a network of interconnected dots representing the acquisition of Complete Solaria’s dealer channel operations and solar panel patent portfolio by Maxeon Solar Technologies.

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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.

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