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Maxeon Solar Technologies Announces Completion of First Customer Installation with Next Generation Maxeon IBC Panels

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New Maxeon 7 panels set industry benchmark with efficiency exceeding 24% 

SINGAPORE, Feb. 14, 2024 /PRNewswire/ — Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the completion of a new solar installation featuring its next-generation Maxeon IBC solar panels with the world’s highest conversion rate efficiency of any commercial solar panels, at 24.1%. This is the first project powered by these new Maxeon 7 panels, setting a new industry benchmark, and reaffirming the company’s innovation leadership and ability to transform technological aspirations into real-world solutions.

“Customers are increasingly recognizing the importance of investing in top quality, high performing solar solutions to meet their growing energy demands,” said Vikas Desai, Maxeon SVP and General Manager. “Maxeon continues to provide industry-leading power, performance, and production efficiency, and the new Maxeon 7 panel delivers more energy and superior output, demonstrating that the future of solar is here today.” 

The project was carried out by Maxeon’s partner Lidera Energía in Granada, Spain, where the new Maxeon system has been operational since the end of December 2023. “The customer had a very high level of energy consumption and was looking for specific requirements that the Maxeon 7 panels were uniquely capable to meet, offering a number of advantages in performance and energy production, best-in-class reliability and durability, with the industry’s longest warranty of 40 years,” said Andrea Sanz, National Sales Director Spain at Maxeon Solar Technologies.

The Maxeon 7 solar panel is the next evolution of Maxeon’s back-contact architecture, enabling increased panel efficiency. Maxeon 7 cells feature a unique and patented design to eliminate hotspot risk from cell cracking and heat buildup under shaded conditions. This superior hotspot resistance contributes to the panel’s warranted maximum yearly power degradation of 0.25% and protects power output over time. In contrast, other PV technologies, even competing ‘back contact’ architectures, rely on small diodes in the junction box to mitigate cell heating. If these diodes fail, or if individual cells are shaded or cracked, cells can reach hazardous temperatures resulting in irreparable panel damage and unsafe rooftop conditions. 

“Maxeon’s technology innovation and deployment continues to deliver exceptional results for customers across the globe,” said Bill Mulligan, Maxeon CEO. “This installation features our latest flagship IBC product and once again establishes a new performance standard for the entire solar industry.”

To discover how Maxeon technology delivers enhanced value to customers, click here

The new Maxeon 7 panels are currently available for selected partners in Europe. Full commercial availability across regions is expected in the third quarter of 2024. 

About Maxeon Solar Technologies 
Maxeon Solar Technologies (NASDAQ:MAXN) is Powering Positive Change™. Headquartered in Singapore, Maxeon leverages over 35 years of solar energy leadership and over 1,600 patents to design innovative and sustainably made solar panels and energy solutions for residential, commercial, and power plant customers. Maxeon’s integrated home energy management is a flexible ecosystem of products and services, built around the award-winning Maxeon® and SunPower® branded solar panels. With a network of more than 1,700 trusted partners and distributors, and more than one million customers worldwide, the Company is a global leader in solar. For more information visit us at www.maxeon.com, on LinkedIn and Twitter

Forward-Looking Statements 
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding our technology outlook and future performance; product and service terms and launch timing and our expectations regarding ramp, customer acceptance and demand, market traction, upsell and expansion opportunities; the Company’s expectations of the timing and success of its strategy in existing and in new markets; the Company’s expectations and plans for short- and long-term strategy, including our anticipated areas of focus and investment, market expansion, product and technology focus and projected growth and profitability. Among other things, the quotations from management in this press release contain forward-looking statements. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve uncertainties that may cause results, performance, or achievement to materially differ from those expressed or implied by these forward-looking statements. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the SEC from time to time, including our Form 20-F, particularly under the heading “Item 3.D. Risk Factors.” Copies of these filings are available online from the SEC or on the Financials & Filings section of our Investor Relations website at www.maxeon.com/financials-filings/sec-filings. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events. 

©2024 Maxeon Solar Technologies, Ltd. All Rights Reserved. MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd. Visit https://corp.maxeon.com/trademarks for more information. 

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GCS Fibers reports, Ash Environmental DAO | Ash Token Funds First Round of High-Impact Environmental Innovators with Over $2 Million in Grants

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POTOMAC FALLS, Va., May 16, 2025 /PRNewswire/ — The Ash Environmental DAO, through its Ash Token (https://ashtoken.io/cryptocurrency ecosystem, is proud to announce the successful funding of its initial group of grant recipients—marking a major milestone in the DAO’s mission to support high-impact environmental innovation, job creation, and economic transformation through decentralized blockchain finance.

In this inaugural round of funding, the DAO has awarded:

$2 million to GCS Fibers LLC (www.gcsfibers.com/), a U.S.-based start-up manufacturing company that transforms toxic coal ash into high-performance, non-toxic mineral fiber under the PHEENX® brand.$20,000 to Eco-Green Solutions LLC (www.ecogreensolutions.io), a start-up company focused on greenhouse emissions capture solutions.$20,000 to MetaFiber LLC (www.metafiber.io), a start-up innovator in next-generation green material research and development.

“This marks the first demonstration of how the Ash Token ecosystem can be used as a powerful tool to fund real-world, environmentally beneficial innovation,” said Dan Perez (Communications Director for the Ash Env. DAO | Ash Token). “Through these grants, we are laying the foundation for a future where pollution is transformed into opportunity—delivering project financing, economic development, poverty reduction, and long-term sustainability.”

GCS Fibers: Restarting Operations with DAO-Backed Support

From the recipient side, the $2 million investment enables GCS Fibers LLC to resume operations at its flagship facility and begin commercial-scale production of its revolutionary mineral fiber product made from recycled coal ash. This process diverts toxic waste from the environment while creating high-performance, eco-safe materials for global industrial use.

“We are incredibly grateful for this support from the Ash Environmental DAO and the Ash Token community,” said David Quinn Director of Public Engagement for GCS Fibers. “This funding is not just capital—it’s a vote of confidence in the future we’re building. Thanks to this grant, we’re bringing our facility back online, creating jobs, and proving that sustainability and profitability can go hand-in-hand.”

A New Model for Climate Finance

This funding round exemplifies the DAO’s vision of a circular, inclusive economy where innovative solutions to environmental crises are empowered by decentralized capital. Each grant advances the DAO’s core objectives: reducing global pollution, enabling sustainable industry, creating dignified jobs, and delivering superior products and services through its network of sponsored companies.

With the success of this initial funding round, the Ash Environmental DAO invites new applicants, partners, and Ash Token holders to join in scaling this ecosystem and accelerating the global transition to an equitable, sustainable future.

About GCS Fibers:
GCS Fibers is an eco-friendly manufacturing company that repurposes coal ash into high-quality mineral fiber or pulp products.  GCS can convert millions of tons of toxic coal ash (fly ash, bottom ash, boiler slag, wet or dry) each year into 6 base mineral fibers yielding end-products such as paper, brake pads, textiles, building insulation, rubber and plastics, and carbon fiber precursors.  All the while creating jobs, cleaning up the harmful effects of coal ash, and helping the environment.  Learn more by visiting https://www.gcsfibers.com/

About ASH Token:

The ASH Token is a cryptocurrency ecosystem that provides grant funding for high impact and sustainable business innovations that seek to eliminate pollution from the global environment while driving the increased adoption of more efficient energy solutions. ASH is a governance token that empowers holders to collectively vote and decide how the funds raised through the token’s transactions fees are used to fund environmentally focused start-ups. Learn more by visiting https://ashtoken.io/

Media Contact:
VARCom Solutions
Email: pr@varcom.com
571-276-3109

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SOURCE GCS Fibers

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Kathy Bloomgarden Wins Agency Global Professional at PRWeek Global Awards

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NEW YORK, May 16, 2025 /PRNewswire/ — Dr. Kathy Bloomgarden, CEO of Ruder Finn, was named ‘Global Professional – Agency’ at the PRWeek Global Awards last night. PRWeek recognized Bloomgarden for being “an incredibly accomplished leader with well-earned credibility” who knows how to “drive the agenda rather than follow it.” Bloomgarden was also recently honored with an Outstanding Individual Achievement award at PRovoke’s SABRE Awards, and celebrated as a 2025 Pinnacle Award Honoree at Medical Marketing + Media’s Pinnacle Awards.

Bloomgarden has been at the helm of Ruder Finn as CEO since 2014. Under her leadership, Ruder Finn has reached many new frontiers, including launching the agency’s China office, healthcare practice, and technology innovation hub rf.TechLab. Bloomgarden has driven industry-leading growth and global expansion, pioneering the adoption of disruptive technologies. She has been at the forefront of AI strategies, shaping AI-ready data infrastructures, addressing LLM hallucinations, and bridging east-west divides in AI development. Within the past year, Bloomgarden established the RF AI Advisory Council and spearheaded the agency’s newest LLM optimization offering rf.aio. She convenes high-level dialogues on tech disruption and is a trusted voice in global leadership circles, including the World Economic Forum and Fortune’s CEO Council. With her ability to anticipate trends and act decisively, Bloomgarden has made Ruder Finn a key partner for global clients navigating economic uncertainties, geopolitical tension, and technological disruption.

“For Dr Kathy Bloomgarden, Ruder Finn’s ‘What’s Next’ ethos – which means always remaining one step ahead of industry trends and leading with a data-driven, digital-first, early-adopter mindset – isn’t just a nice tagline, it’s an essential part of keeping the agency ahead of the game,” said PRWeek in their winners profile on Bloomgarden.

“It is an honor to receive this prestigious honor from PRWeek,” said Bloomgarden. “We are at a transformative juncture for our industry, where the role of communications is crucial in driving the adoption of groundbreaking technologies on a global scale across industries. I am profoundly optimistic about our collective ability to work together, and for communications change-makers to fast-track innovation and create significant change.”

This year’s PRWeek Global Awards were held in London on May 15th, 2025.

About Ruder Finn
Ruder Finn is one of the world’s largest independent global communications and integrated marketing agencies, leading the industry in AI strategy and implementation. Founded in 1948, Ruder Finn has defined and redefined PR for over 75 years, shaping communications that moves industry-defining brands, companies, and leaders from what’s now to what’s next. Ruder Finn provides clients with bold strategies based on a global perspective and localized market knowledge that redefine leadership, reimagine the marketplace, and rethink customer experiences. The agency is organized around five core areas of expertise—Healthcare, Technology, Consumer Brand, Leadership and Workplace—with innovative tech incubator RF TechLab providing cutting-edge predictive analytics, AI-powered creative hub RF Studio53 offering breakthrough creative, and specialized teams delivering customer-focused digital engagement. Ruder Finn has offices across four continents including the U.S., Asia, Europe and the Middle East. Wholly owned agencies and offerings within Ruder Finn Group include: Ruder Finn Inc., RF Studio53, RF Engage, Touchdown, Peppercomm, RF Comunicad, Mantis, jacobstahl, Flightpath, Ruder Finn Atteline, Pandan Social, RF Bloom, and Big Sky Communications. For more information visit www.ruderfinn.com.

Media Contact: Isabelle Lee, Isabelle.lee@ruderfinn.com

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SOURCE Ruder Finn

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YUAN Unveils Next-Gen AI Robotics Powered by NVIDIA for Land, Sea & Air

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TAIPEI, May 16, 2025 /PRNewswire/ — YUAN, a leader in Industrial Video PCs, is redefining real-time video analytics and autonomous decision-making with its Pandora NX Super and AIR NX Super platforms. Built on the NVIDIA Jetson Orin platform, these advanced solutions bring groundbreaking innovations to maritime safety, agricultural optimization, and aerial inspections.

Smart Sea Patrol: Enhancing Maritime Safety

Powered by NVIDIA Jetson AGX Orin, YUAN’s Smart Sea Patrol delivers real-time threat detection and 360-degree monitoring of maritime environments. Through Isaac ROS and DeepStream SDK integration, it processes multi-sensor data seamlessly, enabling rapid hazard identification, unauthorized vessel detection, and environmental threat analysis—ideal for coast guard operations and offshore monitoring.

Smart Farming: Revolutionizing Agricultural Efficiency

YUAN’s Smart Farming solutions leverage NVIDIA Isaac Sim for precise crop monitoring and resource optimization. Enhanced by Jetson Orin NX Super, it integrates GNSS, LiDAR, and Isaac ROS for real-time pathfinding and environmental analysis. Drone-based analytics enable rapid pest detection, water stress monitoring, and targeted spraying, maximizing yield while reducing waste.

Smart Drone: Pushing the Limits of Aerial Inspections

Built on Jetson Orin NX, YUAN’s Smart Drone delivers high-resolution, low-latency aerial inspections. Leveraging NVIDIA CUDA and TensorRT, it excels in infrastructure monitoring, emergency response, and agricultural surveys. With real-time AI processing and 5G support, it ensures instant anomaly detection and rapid decision-making.

Empowering AI Vision with NVIDIA Robotics Technology

Powered by the NVIDIA Isaac Platform, YUAN’s solutions enable real-time edge AI, multi-sensor fusion, and scalable deployment. The upcoming ARC AI Platform aims to redefine humanoid robotics with enhanced environmental interaction and human-like autonomy.

Join us at COMPUTEX 2025 — AI Technology Service Area, Booth I0810, Hall 1, Taipei Nangang Exhibition Center. Discover YUAN’s next-gen AI robotics for land, sea, and air.

Learn More: www.yuan.com.tw

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