Solar panel manufacturer Maxeon has set a new efficiency record with its Maxeon 7 panel, reaching 24.9%. This figure was confirmed by the US National Renewable Energy Laboratory and is considered a new benchmark for the solar industry. The panels are not yet available in the United States but will be released in the third quarter of 2024. Highly efficient solar panels like these can produce more electricity in limited space and may be a better option for those unable to install a larger number of less efficient panels. While it may be cheaper to install more panels with lower efficiency ratings, the Maxeon 7 panels offer a higher level of efficiency and durability.
The efficiency of solar panels has been steadily increasing over the years, with most residential installations now using panels with an efficiency rating of 19% or higher. In 2004, panels with an efficiency rating below 16% were commonly used. Maxeon’s new record-breaking panels are not only highly efficient but also rated to withstand golf ball-sized hail, making them a durable and reliable option for solar energy production. It is important for consumers considering solar panels to research and compare different options from various installation companies to ensure they are getting the best deal available to them.
The Maxeon 7 panels offer a level of efficiency that surpasses current residential solar panel options, which typically have maximum efficiency marks just under 23%. This new benchmark set by Maxeon’s panels is expected to push the solar industry forward and encourage innovation in solar panel technology. While the panels may not be available in all regions immediately, they are anticipated to become more widely accessible in the coming years. By staying informed about advancements in solar panel technology, consumers can make informed decisions about switching to solar energy for their homes or businesses.
Solar shoppers in the United States will have to wait until the third quarter of 2024 to have the Maxeon 7 panels installed, as they are currently only available for select partners in Europe. The panels offer a high level of efficiency that can help maximize electricity production in limited space, making them a suitable option for those looking to generate more power without installing a larger number of panels. However, it is important to consider all factors, including cost and availability, when deciding on the best solar panel option for your specific needs. Consulting with multiple solar installation companies can help ensure that you are getting the best deal on efficient and durable solar panels for your home or business.
