Confidential | © 2020 Maxeon Solar Technologies, Ltd,
ADVANTAGES OF AC MODULES+ INTRODUCING PERFORMANCE 3 AC
JUNE 2021
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IT STARTS WITH THE PANEL
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Home solar’s most advanced technology.
PREMIER
Differentiate with Two Best-in-Class Category Leaders
+
1 Based on datasheet review of websites of top 20 manufacturers per IHS, as of June 2020. 2 Based on shipments as of Q2-2020 3 Source: Enphase analysis ,2020.
Shingled-cell Panel Technology2
Home Solar Panel Efficiency1
Global Microinverter Market Share3
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SUNPOWER MAXEON TECHNOLOGY
Metal Bar Connector
Curved Ribbon Connector
No Soldering on Cell Base
Ribbons soldered to Silver Paste
High Stress Solder Joints
Copper-to-Copper Strain Relief
Strained by Expansion/Contraction
Copper-plated foundation prevents breakage
Tin coating robust against corrosion
Vulnerable to Breakage &
Corrosion
Protective Metal Foundation
Withstands Temperature Swings
Advantage: DURABILITY
Leading Competitor
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SUNPOWER PERFORMANCE TECHNOLOGY
Fragile metal wire bus bars
Advantage: DURABILITY
Prone to crack & breakage
Connections strained by
temp swings
Shortened paths for electrons creates more
energy from each panel
Smaller cells extend panel life by keeping cells cooler
when partly shaded1
A proprietary encapsulant minimizes degradation from
environmental exposure
Aerospace-grade ECA offers superior durability against daily temperature swings
Redundant cell connections create flexible paths for
continuous electricity flow
Vulnerable to Breakage & Corrosion
Leading Competitor VS.
2x the connections
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ENPHASE MICROINVERTER TECHNOLOGY
Protective Enclosure
IP67-rated enclosure protects against moisture
Air Gap allows airflow between MI
and module
75% fewer components than strings and optimizers1
No moving parts or fans
Engineered specifically to Maxeon 5 specs
Integrated to solar module at quality-controlled factory, reducing field wiring operations
1 Source: Enphase analysis.
Advantage: DURABILITY
Competitive technology VS. IQ 7A Microinverter
Performance inhibited by shade/soiling
Up to 600 volts DC on roof;Additional costs to be shutdown compliant
Dependent on string sizing with minimum of 8 panels
Single point of system failure
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BETTER FOR YOUR CUSTOMERS
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Going solar was an easy decision.
Choosing a panel should be easy, too.
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Visibly PowerfulReal-time system monitoringwith 24/7 access to performance data anytime, anywhere
SunPower AC technology helps you take control of your energy future.
Simply PowerfulAdaptable to your energy needs with a flexible, scalable approach to system design
Reliably PowerfulMore energy in real-world conditionsfrom an independent panel architecture
SunPower AC Energy Solutions
Enphase microinverter
Enphase EnlightenTM
Software
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Avoids rooftop obstructions that can shade panels, and decrease output
Aligns systems to the unique contours of your roof
Eliminates unsightly equipment and cabling required to connect panels in a continuous series
Simply Powerful
Design versatility that
optimises your roof for solar.
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The flexibility to scale your system as your energy needs evolve.
Simply Powerful
Maxeon 5 AC maximisesavailable space for future energy needs
Future Expansion
6.2 kW Conventional Panel + String Inverter System
6.2 kW Performance 3 ACModule System
6.2 kW Maxeon 5 ACModule System
19x 17x 15x 415W330W 375W
150W/m2 186W/m2 221W/m2
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String Inverter System
In a conventional setup, one inverter controls the output of a whole solar array, a
design with a single point of failure.
Single pointof failure
SunPower AC Modules
SunPower AC Modules distributes this risk across every panel through a far more reliable
technology: Enphase microinverters.
Reliably Powerful
Greater reliability with no centralized point of panel failure.
vs. Distributed architecture
System Power
if 1 microinverter fails
System Power
if 1 string inverter fails
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String Inverter System
In a conventional setup, the system performs only as well as its weakest panel. This can dramatically reduce output due to
shade or other real-world challenges.
Each SunPower AC Module performs individually, allowing each panel to contribute up to its maximum potential for your system.
SunPower AC Modules
(max energy harvest)(performs at level of weakest panel)
vs.
Stronger performance in real-world conditions from independent panel operation.
Reliably Powerful
System Power System Power
% of potential power % of potential power
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EFFICIENCY ADVANTAGES EXPOSED BY REAL WORLD ENVIRONMENTS
The SunPower AC Module yield advantage is even stronger in partial shade.1
CT1 String Inverter Array partitioned into 2 strings
SunPower AC ModuleEach module partitioned into separate string
1Source: PVsyst simulation. Assumptions: Sydney residential roof at 20 deg tilt with portrait installation. Soiling: 0.8% (As per Enphase PVSyst Guidelines), 2% for String Inverter. Azimuth: True North. SunPower Maxeon ACM module: Max5 AC 415W (Enphase IQ7A-72-x-INT). Conventional modules: Mono PERC 370W (0,55% annual degradation rate) + leading string inverter. Feed in tarrif rate: $0.15/kWh. Self-consumption rate: $0.35/kWh. Self-consumption percentage: 70%. Degradation variation - Module warranted degradation + PVSyst aging degradation (DC string mismatch losses).
200
210
220
230
240
250
260
270
280
25-yr system output (MWh)
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AC
Ma
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5 A
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12% advantage
15% advantage
200
210
220
230
240
250
260
270
280
25-yr system output (MWh)
Co
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+ S
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Co
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Pe
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3 A
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Pe
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nce
3 A
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9% advantage 10%
advantage
Maxeon 5 AC vs CT1 String Performance 3 AC vs CT1 String
No Shade With Shade No Shade With Shade
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Have confidence in your system’s performance, anytime, anywhere.
The Enphase EnlightenTM App
Automatic software updates
Panel-level monitoring*. *Not available to all customers.
Real-time views*
*On average, 5-minute data intervals.
Visibly Powerful
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+
• Leading durability2
• #1 lowest degradation rate in the industry at 0.25%3
• 92% warranted power output in year 25 of operation
• 0.005% panel return rate4
• 40-year expected useful life5
• More than 35 million panels shipped
• Tested for 1 million hours • 0.05% microinverter return rate • No moving parts or fans • 28 million microinverters shipped • Category-leading inverter warranty
1 SunPower Maxeon claim based on datasheet review of websites of top 20 manufacturers per IHS, as of May, 2019. Enphase claim based on internal competitive review, 2020. 2 Jordan, et. al. Robust PV Degradation Methodology and Application, PVSC 2018. 3 As of 2018, Jordan, et al, “Robust PV Degradation Methodology Application” PVSC 2018 and “Compendium of Photovoltaic Degradation Rates” PiP 2016. 4 A Comparative Study: SunPower DC Solar Module Warranty Claim Rate vs. Conventional Panels.” SunPower Corporation. 2019 5 Performance panels expected useful life of 35 years. Source: “SunPower P-Series Technology Technical Review,” Leidos Independent Engineer Report. 2016. SunPower Maxeon panels expected useful life of 40 years. Source: “SunPower Module 40-Year Useful Life,” Useful life is 99 out of 100 panels operating at more than 70% of rated power. 6 DC solar panel covered by SunPower Complete Confidence Warranty (25-year limited power and limited product warranty). Microinverter covered by 25-year limited product warranty by Enphase.) AC modules shall be connected to Enphase Monitoring hardware (ENVOY) to enable Enphase product warranty. Service applicable only to PV Module originally installed in Belgium, France, Germany, Italy, The Netherlands, or the United Kingdom. Scope of warranty coverage varies by country. For more information about the warranty terms and conditions available in your country, visit maxeon.com/legal
Tested, proven and backed by category-leading warranties for added peace of mind.1
25 years of product, power and service
warranty coverage6
• Leading reliability in real world conditions• 87.2% warranted power output in year 25
of operation• 35-year expected useful life4
• Industry’s most deployed shingled cell panel
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PREMIER
Australia’s strongest warranty – a panel and inverter 25-year guarantee
Solar with unmatched reliability. Microinverters built for extremes.
IQ 7A+
PV Category’s Best CombinedPower, Product and Service Warranty1
Microinverter Category’sLongest Product Warranty2
15%
5%
2%
0.5% 0.0065% 0.00006%0%
2%
4%
6%
8%
10%
12%
14%
16%
0.005%
Chance You’ll Be Hit by a
Meteorite7
Chance You’ll Be Hit by
Lightning5
SunPower Panel Warranty Return Rate (as of 2019) 6
Avg. Smartphone3
Avg. Television2
Avg. Dishwasher1
Enphase IQ7Warranty Return Rate
(as of 2020) 4
0.05%0.5% - 1%
Avg. String Inverter4
Conventional PV6
Fa
ilu
re R
ate
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$-
$2,000.00
$4,000.00
$6,000.00
$8,000.00
$10,000.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
WORTH THE INVESTMENT
Cumulative revenue comparing yield & degradation of ACPV vs CT1 370W String
Price difference at point of sale = ~$3700
CT1 + String customers exposed to system failure risks outside of warranty
+ rapidly declining power output
1Source: PVsyst simulation. Assumptions: Sydney residential roof at 20 deg tilt with portrait installation. Soiling: 0.8% (As per Enphase PVSyst Guidelines), 2% for String Inverter. Azimuth: True North. SunPower Maxeon ACM module: Max5 AC 415W (Enphase IQ7A-72-x-INT). Conventional modules: Mono PERC 370W (0,55% annual degradation rate) + leading string inverter. Feed in tarrif rate: $0.15/kWh. Self-consumption rate: $0.35/kWh. Self-consumption percentage: 70%. Degradation variation - Module warranted degradation + PVSyst aging degradation (DC string mismatch losses).
Conventional INVERTER warranties expire
Conventional PANEL warranties expire
Maxeon 5 customers have:
• POS premium repaid at year 15
• 12+% more energy over the life of your system
• Peace of mind their system will work for twice as long
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$-
$2,000.00
$4,000.00
$6,000.00
$8,000.00
$10,000.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
WORTH THE INVESTMENT
Cumulative revenue comparing yield & degradation of Maxeon 5 AC vs CT1 370W String
Price difference at point of sale = ~$3700
CT1 + String customers exposed to system failure risks outside of warranty
+ rapidly declining power output
1Source: PVsyst simulation. Assumptions: Sydney residential roof at 20 deg tilt with portrait installation. Soiling: 0.8% (As per Enphase PVSyst Guidelines), 2% for String Inverter. Azimuth: True North. SunPower Maxeon ACM module: Max5 AC 415W (Enphase IQ7A-72-x-INT). Conventional modules: Mono PERC 370W (0,55% annual degradation rate) + leading string inverter. Feed in tarrif rate: $0.15/kWh. Self-consumption rate: $0.35/kWh. Self-consumption percentage: 70%. Degradation variation - Module warranted degradation + PVSyst aging degradation (DC string mismatch losses).
Conventional PANEL warranties expire
String Inverter
fails?
Maxeon 5 customers have:
• POS premium repaid at year 15
• 12+% more energy over the life of your system
• Peace of mind their system will work for twice as long
• POS premium repaid at year 10
Conventional INVERTER warranties expire
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$-
$2,000.00
$4,000.00
$6,000.00
$8,000.00
$10,000.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
WORTH THE INVESTMENT
Cumulative revenue comparing yield & degradation of Performance 3 AC vs CT1 370W String
Price difference at point of sale = ~$2400
CT1 + String customers exposed to system failure risks outside of warranty
+ rapidly declining power output
1Source: PVsyst simulation. Assumptions: Sydney residential roof at 20 deg tilt with portrait installation. Soiling: 0.8% (As per Enphase PVSyst Guidelines), 2% for String Inverter. Azimuth: True North. SunPower Performance 3 370W module: Max5 AC 415W (Enphase IQ7A-72-x-INT). Conventional modules: Mono PERC 370W (0,55% annual degradation rate) + leading string inverter. Feed in tarrif rate: $0.15/kWh. Self-consumption rate: $0.35/kWh. Self-consumption percentage: 70%. Degradation variation - Module warranted degradation + PVSyst aging degradation (DC string mismatch losses).
Conventional PANEL warranties expire
Performance 3 AC customers have:
• POS premium repaid
• 9+% more energy over the life of your system
• Peace of mindtheir system will work for twice as long
• POS premium repaid at year 12
Conventional INVERTER warranties expire
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$-
$2,000.00
$4,000.00
$6,000.00
$8,000.00
$10,000.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
WORTH THE INVESTMENT
Cumulative revenue comparing yield & degradation of Performance 3 AC vs CT1 370W String
Price difference at point of sale = ~$2400
CT1 + String customers exposed to system failure risks outside of warranty
+ rapidly declining power output
1Source: PVsyst simulation. Assumptions: Sydney residential roof at 20 deg tilt with portrait installation. Soiling: 0.8% (As per Enphase PVSyst Guidelines), 2% for String Inverter. Azimuth: True North. SunPower Performance 3 ACM module: Performance 3 370W (Enphase IQ7A-72-x-INT). Conventional modules: Mono PERC 370W (0,55% annual degradation rate) + leading string inverter. Feed in tarrif rate: $0.15/kWh. Self-consumption rate: $0.35/kWh. Self-consumption percentage: 70%. Degradation variation - Module warranted degradation + PVSyst aging degradation (DC string mismatch losses).
Conventional PANEL warranties expire
String Inverter
fails?
Performance 3 customers have:
• POS premium repaid at year 15
• 9+% more energy over the life of your system
• Peace of mind their system will work for twice as long
• POS premium repaid at year 10
Conventional INVERTER warranties expire
22 Confidential | © 2020 Maxeon Solar Technologies, Ltd,