Maxeon bags 315-MW solar module deal from Cypress Creek Renewables

• Singapore-based solar cell as well as panel manufacturer Maxeon Solar Technologies Ltd (NASDAQ: MAXN) has actually gotten a contract for the supply of approximately 315 MW of solar (PV) modules to US solar energy producer Cypress Creek Renewables.

The multi-year order will see Maxeon provide high-efficiency shingled bifacial solar modules from its lately broadened Performance line for the United States market, the manufacturer claimed on Tuesday. Its client will certainly deploy the tools at numerous areas in Washington as well as Texas.

Financial information about the deal were not available.

Cypress Creek's latest order adheres to an earlier purchase by the company of 48 MW Maxeon's Performance line modules. "Having a solid module companion currently with a solid manufacturing presence supplies our company with the comfort needed to turn our focus to a smooth task implementation method," said Sarah Slusser, CEO at Cypress Creek.

Commenting on the deal, Maxeon's chief executive officer Jeff Waters kept in mind that the United States solar market is "poised for proceeded strong growth."