Saturday, September 7, 2024

Extraordinarily Active Hurricane Forecast Highlights the Significance of Resilient Solar Energy

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Maxeon photo voltaic panels are uniquely able to assembly mission-critical power necessities in harsh environments

SINGAPORE, May 2, 2024 /PRNewswire/ — Forecasters at Colorado State University predicted an “extraordinarily energetic,” record-breaking Atlantic hurricane season, with the best variety of hurricanes ever predicted for the reason that group started issuing forecasts in 1995. This raised considerations about energy and energy outages that may considerably affect industrial operations for enterprise and mission-critical companies supplied by hospitals, hearth departments, regulation enforcement, and different first responders.

Maxeon Solar Technologies (NASDAQ: MAXN), a world chief in photo voltaic innovation and channels, believes that solar energy techniques can present the soundness and reliability wanted to maintain power flowing throughout probably the most difficult instances. these circumstances. Salt Energy, a Maxeon Commercial Partner primarily based in Floridadesigns and installs industrial and neighborhood photo voltaic techniques that includes Maxeon panels with hurricane resistance in thoughts, in a position to face up to most wind a great deal of 180 mph, guaranteeing sturdiness and reliability within the face of maximum climate occasions.

“We focus on know-how and engineering designed to resist excessive wind masses and corrosive environments in Caribbean area, and our installations are powered by the unequalled reliability, efficiency and sturdiness of Maxeon photo voltaic panels,” stated David Kaul, Vice President of Salt Energy. “We consider within the significance of designing for distant and harsh circumstances, with the best requirements of high quality and sturdiness for high-velocity hurricane zones and coastal publicity.”

Three award successful initiatives specifically, have been famous as examples of business and micro-grid installations that ship distinctive, hurricane resilient power manufacturing, designed by Salt Energy utilizing Maxeon panels:

  • On the island of Montserrata complete system that earned a CREF Award for Best Distributed Generation Project features a 750 KW-AC PV subject on 5 hectares, with battery storage, 11.4 KV grid connection and rooftop PV rated 180 mph publicity class D. This renewable power plant with batteries will substitute diesel generator energy and discount of spinning reserve necessities, which results in massive financial savings all year long.
  • Badia Spices put in 7,200 Maxeon 450-watt modules at their facility in Miami, Florida. This 3.24 MWp set up is the biggest personal photo voltaic challenge and the biggest industrial rooftop challenge within the state. it Solar Builder Magazine Project of the Year award winner has a design wind load of 175 mph, publicity C. It offers all of the power for air situation load, manufacturing load, and warehouse operations for this 300,000 sq. foot facility, saving greater than $400,000 of utility prices per yr.
  • The Ragged Island photo voltaic set up, Bahamas earned a CREF Award for Best Energy Efficiency Project and was additionally featured in an episode of the “60 Minutes” TV program. It incorporates a 400KWp PV subject, battery storage and a 12.47 KV grid connection, rated 180 mph, publicity D. This photo voltaic microgrid offers greater than 95% of Ragged Island’s power wants, principally permitting diesel-powered mills to off for weeks at a time.

“As excessive climate occasions grow to be extra widespread, many photo voltaic prospects depend on Maxeon to offer probably the most secure efficiency, effectivity and reliability to maintain their energy flowing and operations with out stopping,” stated. Vikas Desai, Chief Commercial Officer, Maxeon. “The distinctive cell design, supplies and manufacturing processes of our panels allow superior efficiency and power output over time, with higher sturdiness in harsh environments. With our companions, we offer distinctive, confirmed know-how backed by peace of thoughts supplied by the strongest 40-year guarantee within the business.”

For extra data on sustainable photo voltaic power options for industrial and industrial installations, go to www.saltenergy.com and www.maxeon.com.

About Maxeon Solar Technologies
Maxeon Solar Technologies (NASDAQ: MAXN) is Powering Positive Changeâ„¢. Headquarters at Singapore, Maxeon makes use of greater than 35 years of management in photo voltaic power and greater than 1,650 patents to design progressive and sustainable photo voltaic panels and power options for residential, industrial, and energy prospects. crops. Maxeon’s built-in dwelling power administration is a versatile ecosystem of services and products, constructed across the award-winning Maxeon® and SunPower® branded photo voltaic panels. With a community of greater than 1,700 trusted companions and distributors, and multiple million prospects worldwide, the Company is a world chief in photo voltaic. For extra data go to us at www.maxeon.com, on LinkedIn and Twitter.

About Salt Energy
Salt Energy is an authorized photo voltaic contractor that provides full turnkey photo voltaic companies and BESS options for photovoltaic (PV) grid-tie, off-grid, and microgrid techniques. Based on FloridaSalt serves renewable power shoppers in Florida and the Caribbean since 1989. Visit www.saltenergy.com.

Forward-Looking Statements
This press launch incorporates forward-looking statements inside the that means of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, together with, however not restricted to, forward-looking statements about our view of know-how and future efficiency; buyer acceptance and demand, market traction, the Company’s expectations over time and the success of its technique in present and new markets. These forward-looking statements are primarily based on our present assumptions, expectations and beliefs and contain vital dangers and uncertainties that would trigger outcomes, efficiency or success to vary materially from these expressed or implied by these forward-looking statements. forward-looking statements. An in depth dialogue of those components and different dangers affecting our enterprise is included within the filings we make with the Securities and Exchange Commission (“SEC”) on occasion, together with our most up-to-date or report on Form 20-F, particularly underneath the heading “Item 3.D. Risk Factors.” Copies of those filings can be found on-line from the SEC or within the Financials & Filings part of our Investor Relations web site at https://corp.maxeon.com/financials-filings/sec-filings. All forward-looking statements on this information launch are primarily based on data at the moment obtainable to us, and we undertake no obligation to replace these forward-looking statements because of new data or future occasions. .

©2024 Maxeon Solar Technologies, Ltd. All Rights Reserved. MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd. Visit https://corp.maxeon.com/emblems for extra data.

SOURCE Maxeon Solar Technologies, Ltd.





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