Dairy Industry continues significant reduction
in carbon footprint with the help of renewable
energy
SINGAPORE, June 6, 2024
/PRNewswire/ -- Oakridge Dairy in Connecticut is built upon 120 years of old
school values and farming traditions, but the largest dairy farm in
the Northeast U.S. is anything but old school. Oakridge practices
forward-thinking, sustainable farming that promotes the land, its
cows, and the community, powering its operations with advanced
solar energy solutions from Maxeon Solar Technologies, Ltd.
(NASDAQ: MAXN).
Oakridge Dairy is home to nearly 3,000 cows and includes a
massive, 8-acre barn topped with 752 solar panels capable of
generating up to 1,200 kilowatt hours of energy per day. System
designer and installer Earthlight Technologies optimized the
system's power generation with Maxeon high efficiency solar panels
that enable clean energy to meet Oakridge's significant electricity
needs.
"The U.S. dairy industry has reduced the carbon footprint of
milk by 63% in recent decades, and Oakridge is proud to be a leader
in this effort," said Seth Bahler,
CEO, Oakridge Dairy LLC. "We strive to create the farm of the
future, starting with healthy, happy cows and homegrown food and by
embracing innovation to empower sustainable operations. Maxeon
solar solutions are highly efficient and reliably generate clean
energy for decades, which is important for a business with a vision
that spans generations."
Maxeon solar panels feature exceptional performance and are also
built to last, as supported by an industry-leading 40-year
warranty, significantly reducing the need for new materials and
recycling while generating clean power and preventing millions of
tons of carbon emissions.
"Oakridge Dairy is a remarkably forward-thinking business and
Maxeon takes great satisfaction in being a key part of their unique
and sustainable business operations," said Vikas Desai, Maxeon Chief Commercial Officer.
"Together with our partner, Earthlight Technologies, we are
accelerating the transition to clean energy and empowering
customers like Oakridge to realize their mission of building a
better future."
For more information, visit www.maxeon.com,
www.earthlighttech.com and www.oakridgedairy.com/
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 1,900 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.
About Earthlight Technologies
Earthlight Technologies
is a family-owned and operated business specializing in solutions
for residential solar, commercial solar, and commercial energy
efficiency projects. Our mission is to make the process easy and
seamless. Therefore, our services include in-house custom design,
engineering, construction, financing, system monitoring,
operations, and maintenance. At Earthlight, our goal is to provide
customers with the highest quality products, performance,
consistency, and value. This commitment is rooted in our culture
and is essential to our continued growth and success.
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, as amended,
including, but not limited to, statements regarding our technology
outlook and future performance; our expectations regarding customer
acceptance and demand and market traction; the effectiveness of our
environmental and sustainability efforts and our ability to achieve
the expected benefits; our relationships with our stakeholders, and
our ability to develop and maintain them; and our ESG goals,
commitments and expectations. These forward-looking statements are
based on our current assumptions, expectations and beliefs and
involve substantial risks and 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 Securities and
Exchange Commission ("SEC") from time to time, including our most
recent report on 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 https://corp.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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SOURCE Maxeon Solar Technologies, Ltd.