Solar panel tech company Maxeon Solar Technologies is looking to expand its presence in the commercial and industrial (C&I) segment in the United States. After it was spun off from SunPower in 2020, SunPower had maintained an exclusivity on installing Maxeon panels in the C&I market. With SunPower now restructuring to focus on residential solar, Maxeon is more broadly available in the C&I space, expanding upon its existing presence in the U.S. utility-scale solar business.
In addition, these Maxeon-branded IBC solar panels can be sold together with a Performance Assurance product from Omnidian.
Omnidian is a Seattle-based provider of comprehensive protection and performance assurance plans for solar systems. As part of the deal, Omnidian will bundle one-year of its Shield Plan with commercial systems larger than 250 kilowatts sold by Maxeon. Omnidian will also offer the option to extend coverage for multiple years. The addition of Omnidian’s Shield Plan helps enhance bankability and increase return on investment for PV systems using Maxeon’s module technology.
Omnidian oversees over 1.8 GW of U.S. solar capacity
“An in-depth analysis of the degradation of Maxeon IBC panels revealed a significantly lower rate of degradation relative to other manufacturers enabling us to offer plans with lower degradation under this partnership,” said Mark Liffmann, CEO and co-founder of Omnidian.
Omnidian’s Shield Plan for Maxeon systems above 250 kW will include comprehensive system protection, preventive maintenance, covered corrective maintenance, professional monitoring, and a cash-back performance guarantee on up to 95-percent of forecasted energy.
In the real world, multiple conditions overlap, such as hardware failure, shading, soiling, or weather-related underperformance. Omnidian pinpoints the impact of each, coordinates remediation and confirms resolution. Together with Maxeon’s modules, Omnidian’s state-of-the-art proprietary technology integrates with major monitoring platforms, surveilling individual installations to ensure they meet baseline performance requirements, and quickly identifies underperforming assets requiring field service dispatch.
“We are truly pleased to partner with Omnidian to widen our presence in the growing U.S. distributed generation commercial and industrial solar market,” said Jeff Waters, CEO of Maxeon Solar Technologies. “The combination of their commercial performance guarantee with the proven superior reliability of our solar panels will enhance system bankability and improve our customers’ return on investment.”
Subject to customary conditions and exclusions, Omnidian’s cash-back performance guarantee transfers certain solar energy generation risks away from the solar asset owner—including weather risk. Omnidian’s support includes 24/7 continuous monitoring, proactive service alerts, and intelligent system diagnostics. Omnidian real-time symptom detection technology works around the clock to precisely identify underperformance and each underlying root cause.
Have you checked out our YouTube page?
We have a ton video interviews and additional content on our YouTube page. Recently we debuted Power Forward! -- a collaboration with BayWa r.e. to discuss higher level industry topics as well as best practices / trends for running a solar business today.
Our longer running side project is The Pitch -- in which we have awkward discussions with solar manufacturers and suppliers about their new technology and ideas so that you don't have to. We've discusses everything from residential rail-less deck attaching and home solar financing to large-scale energy storage value stacking and utility-driven new home solar + storage microgrids.
We also post our Project of the Year announcements there! Interviews with this year's winners will be up starting the week of Nov. 8. Head there and subscribe today to stay on top of all this extra stuff.