Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) watch its shares vault Monday. The company, a global leader in solar innovation and channels, today announces that it will be attending Intersolar Europe 2023, where it will showcase its latest solar panel technologies and new energy solutions at Booth A2.430. The company will also launch a new partnership with electric vehicle charging software company, ev.energy, in which the two organizations will collaborate to help consumers unlock more benefits from their SunPower Drive, Maxeon's electric vehicles (EV) mobility solution.
The partnership with ev.energy marks another addition to Maxeon's SunPower One open and flexible suite of products and services, which also includes SunPower Reserve, the company's home energy storage system, Insights service, and SunPower One home energy management solutions, allowing customers to be in control of their energy usage and save money.
Maxeon will also be showcasing its flagship Maxeon line of panels, which provide leading energy density, high energy yield, and superior shade tolerance as well as a 40-year power and product warranty. Alongside the Maxeon line, the company will be revealing its newest generation of Performance line solar panels, with high efficiency TOPCon cell technology offering improved aesthetics, increased mono or bifacial power generation, and a lower temperature coefficient for enhanced power density.
MAXN shares rallied 75 cents, or 2.8%, to $28.07 in the first hour of trade on Monday.
