This product has a high-power rating of 400W STC, 440W with 10% backside Bifacial boost, a benchmark low thermal coefficient of -0.26%/C and a voltage rating of 1500V. The module efficiency is specified at 19% STC, or 20.9% with 10% backside boost.

SUNNYVALE, Calif., Sept. 12, 2017 /PRNewswire/ -- Sunpreme, a US based solar Company providing innovative high-performance, high-yield Bifacial double glass PV modules at competitive prices, announced that it has commercially released its HCT-platform based Maxima HxB-400 product. This product incorporates an aesthetically pleasing half-cell design with an anodized frame around the double glass construction. When combined with an optimizer, these modules can be integrated into 30% longer strings, a desirable benefit for space-constrained C&I applications.

This product has a high-power rating of 400W STC, 440W with 10% backside Bifacial boost, a benchmark low thermal coefficient of -0.26%/C and a voltage rating of 1500V. The module efficiency is specified at 19% STC, or 20.9% with 10% backside boost.

Ashok Sinha, the Chairman and CEO of Sunpreme stated, "The HxB 400 Bifacial double glass product positions Sunpreme well to satisfy C&I market's unmet needs and widens the performance gap against mainstream p-PERC; by providing a world class 400W STC rating, up to 2300/yr Energy yield, at a cost competitive with China modules. We estimate that Sunpreme's advanced products increase customers' solar system level profitability by ~10%, in a sustainable manner - thanks to our innovation-driven cost roadmap."

Richard Perkins, Director of Engineering who was responsible for design and development of the new module, in collaboration with Ratson Morad, previously the COO of Sunpreme said, "Several new design features were introduced to unlock the high performance, superior aesthetics and aggressive cost targets of the HxB product line. These include a new half-cell architecture to reduce internal losses and increase module power, a split J-box to reduce cable loss, with an option for integrated Smart optimizer, polyolefin encapsulant to enhance Sunpreme's already world-class reliability, and an anodized aluminum frame for ease of installation."

Surinder Bedi, EVP for Quality, Reliability and Systems Products added, "We put the HxB-400 through an extensive reliability and safety certification process. This product carries a 30-yr, 0.5% per year linear power warrantee. It has benefited from a rigorous "should-cost" implementation of critical materials procurement process to ensure a competitive cost of the manufactured product and we expect to book several MW for delivery by year-end 2017."

About Sunpreme:

Sunpreme is a global PV Company, based in Sunnyvale, CA, with a WFOE (Wholly Foreign Owned Entity) in Jiaxing, near Shanghai, China. It is ranked among top three providers of high performance modules, with products deployed in 28 countries.

With its high-power, Bifacial double glass module and services, Sunpreme provides better products at China-competitive prices. Our PV efficiency averages at 22%, with a roadmap going from 23% >> 24.5% >> 30% through advances in materials and device. Our products provide a competitive benefit within the high-growth $20B C&I market, positioned to catch the next 10-year wave.
Thanks to its proprietary HCT platform, Sunpreme has solved major problems with the HIT technology, and demonstrated manufacturing yield at >98% in 24x7 operations, on larger 6" Si wafers. Our factory is profitable, even at small scale.
Sunpreme now faces a demand-driven opportunity to expand capacity, especially within the US. We are well positioned to deliver a benchmark in greater profit with growth, leading thereby to an extreme value-creating liquidity event in 3+ years.
Sunpreme is led by a team with proven track record of commercializing innovations and delivering profitable growth at B$ scale. The Company provides an outstanding de-risked investment opportunity for Creating a better alternative to current leading suppliers.