Maxeon says it has achieved a 24.7% effectivity ranking for a full Maxeon 7 photo voltaic panel utilizing IBC know-how. The US Nationwide Renewable Vitality Laboratory (NREL) confirmed the end result.

Maxeon 6 photo voltaic panels

Picture: Maxeon

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 Vitality Laboratory (NREL) of the US Division of Vitality confirmed the end result.

The Maxeon 7 module is predicated on interdigitated again contact (IBC) know-how. The producer hosts the Maxeon 7 pilot meeting line within the Philippines and lately 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 know-how group continues to extend the efficiency of our IBC know-how platform to a degree of effectivity that was unimaginable after we launched our first business merchandise practically twenty years in the past,” mentioned Invoice Mulligan, CEO. in Maxeon. “Most significantly, these achievements aren’t a results of the laboratory however main manufacturing applied sciences that add worth to the shopper and develop our differentiation in opposition to our opponents.”

Maxeon lately priced a public providing of shares to lift $157.4 million. It mentioned the funds might be used for Maxeon 7 module manufacturing and normal company functions.

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