Benzinga | Jul 15, 2020 08:07AM EDT

Sunpower's Planned Spin-Off, Maxeon Solar Technologies, And Enphase Energy Announce High-Efficiency Ac Module Partnership For International Solar Customers

SAN JOSE, Calif.and FREMONT, Calif., July 15, 2020 /PRNewswire/ --SunPower Corporation (NASDAQ:SPWR), a leading global solar technology and energy services provider, and Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world's leading supplier of solar microinverters, today announced a strategic partnership to produce the new Enphase Energized(tm) Maxeon AC Module, featuring a factory-integrated seventh-generation Enphase IQ(tm) microinverter. The AC Module will be commercialized by Maxeon Solar Technologies, the planned spin-off from SunPower, to residential customers in key international markets through authorized installer networks and distributors starting in the fourth quarter of 2020