Maxeon’s SunPower One Home Energy Solution Now Available in Europe and Australia

The company will showcase its ecosystem of residential energy products as part of an installer roadshow in 13 cities across Europe

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced that its SunPower One ecosystem of products and services is now available through authorized dealers and installers in Belgium, France, Italy, Spain, and Australia. To celebrate this milestone, the Company has organized a European tour where installers can receive training and observe hands-on demonstrations as well as acquire the necessary certifications to install SunPower One products. The roadshow kicks off in Antwerp, Belgium, and will continue for two months across Europe, stopping in 13 cities.


Following this phase, the company plans to roll-out the SunPower One ecosystem to other countries across Europe in the final quarter of 2023 and to additional markets in 2024.

SunPower One is an ecosystem of industry-leading products that enable consumers to take control of their domestic energy consumption and optimize the use of the clean energy they produce. The suite of products within the ecosystem includes the company's high-efficiency residential solar panels, the new all-in-one SunPower Reserve storage system, the upcoming SunPower Drive EV charging solution and a range of other energy services and integrations.

All of these products and services are tied together by a reimagined consumer experience inside the SunPower One app for homeowners. The SunPower One app goes beyond just monitoring the output of a homeowner's solar panels, and proactively offers users energy insights that show in detail the devices that are consuming electricity in the home, highlighting opportunities to better utilize PV production, battery capacity, and EV charging scheduling to enhance financial savings.

In June 2023, Maxeon announced a collaboration with Samsung Electronics Co., Ltd. to integrate the SunPower One app into the SmartThings' connected home platform so that homeowners will be able to automatically manage even more devices around the home to optimize their energy consumption.

"Homeowners are now seeking more control over their energy consumption and they recognize the value of investing in top-quality, high-performing energy systems," said Mark Babcock, Chief Revenue Officer at Maxeon Solar Technologies. "With Maxeon's high performance solar panels as the underlying, enabling technology, SunPower One gives homeowners much more control over the amount of energy their home uses and allows them to use it more efficiently."

"We are thrilled about the new SunPower One offer for Italy as it combines the superior performance of the best-of-breed solar panel technology with other hardware and software to create a full ecosystem - all packaged under one single brand for a unique, seamless experience" said Daniele Botti, Managing Director at Kennew, SunPower Elite Partner, Italy. "Maxeon is once again demonstrating that it is a pioneer not just in solar solutions but also in energy management."

"The new SunPower One brings a distinctive proposition in our product and solutions portfolio and will help us approach our customers in a different manner, with a complete premium offering defined by a very compelling value proposition for home-owners in search of a brand they can trust on as well as products that help them become smarter actors of the energy transition. In addition to the benefits of enhanced energy efficiency, it also strengthens the relationship between customers and installers, allowing us to suggest to our customers opportunities to optimize the use of their systems, and even expand them when time is right," commented Daniel Vanwetswinkel, Chairman at SolarPower partners, SunPower Elite Partner, Belgium.

SunPower One will also provide a modern and efficient experience for SunPower installers with one single app to commission all the products and services within the SunPower One ecosystem. This will streamline commissioning times for SunPower Reserve and Drive to industry-leading benchmarks or better, allowing installers to finish their jobs faster and increase their business velocity. SunPower One also includes a new digital experience to better support the installer sales cycle, including one consolidated account from which to access marketing collateral, product training, and warranty registration.

"Moving beyond panels is not just about introducing new products but leveraging our technological prowess to accelerate the adoption of clean energy. Our investments in improving the digital experience of our customers, combining industry-leading easy-to-install hardware with innovative services, and expanding the solution with integrations like Samsung SmartThings all help to solve pain points for consumers and installers," said Ralf Elias, Chief Product Officer at Maxeon.
During the SunPower One Tour, besides technical training and products certification for installers, homeowners will have the chance to interact with SunPower One complete Home Energy Management and get the real SunPower One experience. To know more: info@sunpoweroneontour.com.
Australian customers will get the latest about the SunPower One Home Energy Experience at Maxeon's booth, VV131, during All Energy Australia, this October 25-26.

About Maxeon Solar Technologies
Maxeon Solar Technologies (NASDAQ:MAXN) is Powering Positive Change™. Headquartered in Singapore, Maxeon designs and manufactures Maxeon® and SunPower® brand solar panels, and has sales operations in more than 100 countries, operating under the SunPower brand in certain countries outside the United States. The Company is a leader in solar innovation with access to over 1,000 patents and two best-in-class solar panel product lines. Maxeon products span the global rooftop and solar power plant markets through a network of more than 1,700 trusted partners and distributors. A pioneer in sustainable solar manufacturing, Maxeon leverages a 35-plus-year history in the solar industry and numerous awards for its technology. For more information about how Maxeon is Powering Positive Change™ visit us at www.maxeon.com, on LinkedIn and on Twitter @maxeonsolar.

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