Singapore’s Maxeon has introduced that it has achieved an aperture module conversion effectivity of 24.7% for a full Maxeon 7 PV panel. The Nationwide Renewable Power Laboratory (NREL) of the US Division of Power confirmed the end result.

The Maxeon 7 module relies on interdigitated again contact (IBC) expertise. The producer hosts the Maxeon 7 pilot meeting line within the Philippines and not too long ago introduced that it’ll develop the cell manufacturing capability for the “record-breaking” module to 500 MW.

Maxeon additionally introduced effectivity enhancements to its present IBC merchandise, with Maxeon 6 and three panels reaching efficiencies of 23% and 24%, respectively.

“Our expertise group continues to extend the efficiency of our IBC expertise platform to a stage of effectivity that was unimaginable once we launched our first industrial merchandise practically twenty years in the past,” stated Invoice Mulligan, CEO. in Maxeon. “Most significantly, these achievements should not a results of the laboratory however main manufacturing applied sciences that add worth to the shopper and develop our differentiation in opposition to our rivals.”

Maxeon not too long ago priced a public providing of shares to boost $157.4 million. It stated the funds will probably be used for Maxeon 7 module manufacturing and common company functions.

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