manufacturing About Flextronics NEXTracker produces single-axis trackers, which effectively angle solar panels toward the sun to generate more power.

Youll likely pay a higher upfront price for the exceptional performance, quality, durability, and warranty coverage of Excellent solar equipment. For more information, visit www.flextronics.com or follow us on Twitter @flextronics. Solar panels receiving a Fair rating are at the low end of what is available for solar equipment today. Solar panels earning a Good rating are a safe and solid choice for your solar energy system under most circumstances. We've detected you are on Internet Explorer. Flextronics is an industry leader with $24 billion in sales, generated from helping its customers design, build, ship, and service their products through an unparalleled network of facilities in more than 30 countries and across four continents. Excellent panels produce more electricity over a smaller area and last longer than other panels, though they may come at a price premium. Still, you dont hear them nearly talk about it as much. Let us power your home next! I write about energy, transportation, food and data. The integrity that these workers continually demonstrate has created a quality workforce that delivers SunPowers premium product.. By assessing each product across a range of metrics, the EnergySage rating system groups equipment into five different classifications: Solar panels earning the Excellent rating are ideal for maximizing the performance of your solar energy system. energy storage One Startup's Dream. SunPower is a registered trademark of SunPower Corp. All other trademarks are the property of their respective owners. PwC Cloud and Digital Transformation BrandVoice, 4 Steps To Help Your Kids Build Smart Money Habits, How To Earn Cash Rewards For Everyday Spending. TSMC closed its LED lighting and solar units this year. From the start, the Flextronics team quickly brought this plant on-line, with full production less than four months after the first panel was produced. Flex stock soared Friday on speculation the contract-electronics manufacturer could sell or spin off its Nextracker solar-tracking hardware business. Flex tj@E For more information, visit www.sunpower.com. This copy is for your personal, non-commercial use only. With over 200,000 professionals working in 100 locations across 30 countries and 13 industries, Flex (also known as Flextronics) is at the forefront of technology, innovation, engineering and manufacturing. These panels are in the average range for most or all technical criteria analyzed, though may offer a shorter-than-average warranty. (408) 240-5585, Renee Brotherton-Flextronics Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. This latest business award will increase our manufacturing capacity to more than 1.7 gigawatts, underscoring our leadership position as the largest supply chain solutions provider for solar modules. Flex bought Nextracker in 2014 for $330 million. e6)EIgf"{lf||U7$8GzR'F5'_)F]TH_rGetd|lF hV23dp",5g;p~Y7U?K By sheer manufacturing capacity, it probably ranks around number 7 in the world. PowerPlay monitors all your energy resources, from your solar panels to your battery. You can expect strong performance and slightly lower costs than associated with Excellent solar panels. The deal is expected to close by December and will add approximately $80 million to $120 million to Flextronics revenue during the period. Flextronics global footprint positions us to grow local capacity in high demand regions.. California Valley Solar Ranch in San Luis Obispo is one of the worlds largest solar power plants and is expected to be completed by the end of the year. It is already providing power into the grid through PG&E. /Rttm%fH~ 0Dw).TQPfK7_jN"jqp- \0%am=Un0}#4kaF iP"O': :is6+$L46MCI$s9zAEKg^r"X,G$Ief, =$zt;Zj3e-:N sh L 8$[X+Yi;1@uiz\-eUYOjK'd|!L#Lppz@r `FmYK`C6R8EbJ!rUodV)BbB>I$;M)e=` GITa |1B>.oxzUyAEz8Qt`v'x%b,,UU&A t%M~?xvd6&d_y6eU,M%vi#%`H_ln%lS>"~0h)r:&}aYb\6K4mXk3lsB3!Da;& E06ejg+o&Y{G9 WvqyM=A-,KoE2|47M+WT4hv?pl:;|rf-z/N^BK@[,i%Kln:@4*%sR+Y*Y^fA4BD-FBpHv;?u:)>\H6cXgRr`0~{gX) a-!Sgl:C~}a2l'O'=sxss3(lr:=Z.F_%Cy FZ4YeT2w`DhF#Q,L#BejoiTDZ. The company has also been one of the most successful new tracking companies signing major contracts with developers like SunEdison and Blatter Energy for projects around the globe.NEXTracker founder Dan Shugar spun the company out of Solaria, a panel manufacturer, last year. In Ciudad Juarez, Flextronics has successfully deployed a full turnkey PV module manufacturing solution, from line design to volume production, matching our existing manufacturing capability. recall But back to Flextronics (or Flex as it likes to be called.) energy storage Under the terms of the deal, Flex will pay $245 million for the company and pay an additional $85 million more if future performance targets are met. SunEdison is the worlds largest renewable energy development company and these solar modules will be primarily used in the USA for residential, utility and commercial photovoltaic (PV) projects. (408) 576-7985 Because the most knowledgeable source of power information in your home is your home itself. Flex, founded in None, is a solar panel manufacturer based in San Jose. The stock is now just under $40, giving Array a market value of more than $5 billion. Manufactured at this facility is the high efficiency, most reliable SunPower E-Series Solar Panel produced in two configurations: 128 cells for solar power plants, and 96 cells for the commercial and residential markets. (408) 576-7189 PowerPlay doesnt only record your energy use so you can compare energy use today to yesterday, last week or last year. Copyright 2022 Dow Jones & Company, Inc. All Rights Reserved. These range from smart meters that transmit usage data, to smart grids that respond to shifts in energy loads and increase overall efficiency. Copyright 2009-2022 EnergySage, Inc. 100% online, no phone calls unless you want them. It also has been building carefully through experience. Years before that, he founded PowerLight, a tracking company sold to Sunpower. Copyright 2022 WTWH Media, LLC. Copyright 2022 Dow Jones & Company, Inc. All Rights Reserved. A Fortune 500 company, Flex designs and builds Intelligent Products for a Connected World. Over the systems 25-year life, the District is expected to save more than $20 million in electricity costs that can be directed back into its general fund. Investor Relations renee.brotherton@flextronics.com, Kevin Kessel-Flextronics https://www.barrons.com/articles/flex-stock-soars-on-speculation-sell-or-spin-solar-tracking-unit-51602878168. According to Solar Energy Industries Association (SEIA) and research, the U.S. will install an estimated 8.5 GW of solar modules in 2015which includes utility-scale, residential and commercial rooftop installations. Centers by State. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Like a good contract manufacturer, they stay in the background. On sunny days, when your system is generating more energy than you can use, PowerPlay can automatically adjust your air-conditioning for maximum comfort and savings. The companys Self-Powered Tracker only needs one motor per row of panels and substantially reduces wiring. Its not just the right thing to do, its the smart thing to do, for the environment, for people and the communities in which we live and work., Learn more about Flex at the Flex web site or watch the videos below. Quick facts about Flex solar panels in the EnergySage Buyers Guide: EnergySage has classified all types of solar equipment into an easy-to-understand framework. Part of the answer has to do with the nature of its business. San Ramon Valley Unified School District with 3.3 MW over five schools, covers172,240 square feet. You Can Strike Oil In China: Four Reasons The Satellite Market Is Taking Off, How Old Coffee Grounds Could Help Africa's Water Shortages, the largest solar panel maker outside of China. For the best Barrons.com experience, please update to a modern browser. lianne Samsung entered solar but the industry never felt the full brunt of its manufacturing might. (ticker: ARRY) had an impressive initial public offering. It has a collective manufacturing capacity of 1.7 GW, which, by its own estimation, makes it the largest solar panel maker outside of China with over 10 million panels shipped. Opinions expressed by Forbes Contributors are their own. That includes brands such as Enphase and Canadian Solar and its own NEXtracker (the world leading utility scale mounting system used for the ACTs iconic Mount Majura Solar Farm). All rights reserved. Peak Amazon Part II: Is The Earnings Miss A Sign? Most solar systems just generate power. Headquartered in San Jose, Calif., SunPower has offices in North America, Europe, Australia, Africa and Asia. About SunPower That has shed light on the value of Nextracker, which is 100% owned by Flex (FLEX). Click below for Flex products available through Energy Matters. We are extremely proud of our strong partnership and are thrilled to support their manufacturing expansion into Mexico and look forward to sharing more successes together.. They dont tell you how much you are using, or where its being used. Why has Flex seemingly prevailed while so many other tech companies have stumbled in solar? With this U.S. manufacturing facility, and others like it around the globe, SunPower delivers our high efficiency, most reliable solar panels close to growing markets, said Marty Neese, SunPower COO. The company produces solar panels for SunEdison and SunPower, among others. Bookmark, share and interact with the leading solar construction magazine today. 2022 Forbes Media LLC. Residential, business, government and utility customers rely on the company's quarter century of experience and guaranteed performance to provide maximum return on investment throughout the life of the solar system. Our energy consultants will assist you through every step of the solar process, keeping you informed, up to date, and in control. solar installers coast gold clients say The EnergySage classification system incorporates technical specifications for solar panels, inverters and batteries to compare their performance, durability, warranty and overall quality. The Forbes Worlds Most Influential CMOs List: 2022, Reimagining Black Friday: Business Models Based on Services, Not Stuff. Seven Things To Note In The IEA's Latest Renewables Forecast, Wireless Power With The Help of Wi-Fi? All of our techs receive specialized training to ensure a smooth and effortless installation for all of our Flex customers. And thats just the beginning. nextracker ENERGYSAGE is a registered trademark and the EnergySage logo is a trademark of EnergySage, Inc. Other trademarks are the property of either EnergySage, Inc. or our licensors and are used with permission. recall Arrays stock priced at $22 each, and then nearly doubled. the large multinational known mostly for designing and manufacturing computer equipment for others, announced it is buying NEXTracker today as it moves deeper into solar. Partnering with Flextronics enables us to economically scale manufacturing solutions in different geographical areas to support our market growth, said Tony Etnyre, GM and vice president of Solar Module Operations at SunEdison. Santa Clara Valley Transportation Authority is supplying 2.1 MW to three San Jose bus stations and is expected to save $2.7 million in electricity costs over the next 20 years. stock soared Friday on speculation the contract-electronics manufacturer could sell or spin off its Nextracker solar-tracking hardware business. Contacts: All Rights Reserved. | ACN: 632 317 545 | ABN: 41 632 317 545, Sungrow Inverters : High growth in the solar inverter industry, Learn more about Flex at the Flex web site, Need leads? It has extensive experience designing and manufacturing products for top tier solar, inverter and energy technology companies. Building on a strong partnership of approximately five years, Flextronics has once again been selected to partner with SunEdison to manufacture its solar modulesthis time in Mexico. Flextronics is extremely proud to help SunPower in its goal to manufacture clean, renewable solar energy for local customers in Silicon Valley, surrounding communities and throughout the U.S.. Is It Better To Lease Or Buy A Car In Summer 2022? SOLAR HOTLINE: 1800-EMATTERS(1800 362 883), Serving Canberra, ACT; Sydney, NSW; Melbourne, Victoria; Adelaide, SA; Perth, WA; Brisbane, Queensland; Hobart, Tasmania; most Australian cities and regional areas including Gold Coast, QLD and Newcastle, NSW. These panels has been surpassed by advances in technology and performance of other equipment available in the industry. Is The Best Analogy For The Energy Storage Business--Eeek!--Hard Drives? Site Map | Privacy Policy | RSS, Solar Spotlight: Mitigating supply chain delays in the solar tracker market, Global Solar Panel Manufacturing Locations, the U.S. will install an estimated 8.5 GW of solar modules in 2015, Pivot Energy starts construction on 10 community solar projects in Illinois, 2.3-MW solar array on capped New Jersey landfill is now online, 7-MW solar array coming to rural electric membership cooperative in Indiana, Greenskies, Eznergy complete 490-kW solar installations on New Jersey schools. Want to receive email alerts on the latest news? Over the past few years the company has been steadily, and deliberately without a ton of fanfare, growing its solar business. kevin.kessel@flextronics.com. He's solar royalty. Kelly Pickerel has over a decade of experience reporting on the U.S. solar industry and is currently editor in chief of Solar Power World. SunEdison chose to manufacture at Flextronics in Ciudad Juarez given the strategic location bordering the United States, just south of El Paso, with access to all major U.S. rail lines and highways for fulfillment. Unlike regular solar systems, PowerPlay integrates with smart technology, turning your house into a modern, connected solar home. Flextronics helen.kendrick@sunpower.com Earlier this week, a Nextracker rival called The companys unique capabilities help drive innovations in renewable energy andenergy storage and management technologies. Flex is on a mission to provide you with flexible energy solutions that allow you to take control back from your power company. Flextronics International Ltd. (Company Registration No.

Corporate Communications Flextronics service offerings and vertically integrated component technologies optimize customer supply chains by lowering costs, increasing flexibility, and reducing time-to-market. San Jose, Calif., Oct. 28, 2013 SunPower Corp. (NASDAQ: SPWR), a Silicon Valley-based leading solar technology and energy services company, and its manufacturing partner, Flextronics (NASDAQ: FLEX), today celebrated the production milestone of the 500,000 solar panel manufactured at the Flextronics facility in Milpitas, California. 199002645H) is a leading end-to-end supply chain solutions company that delivers design, engineering, manufacturing and logistics services to a range of industries and end-markets, including data networking, telecom, enterprise computing and storage, industrial, capital equipment, appliances, automation, medical, automotive, aerospace and defense, energy, mobile, computing and other electronic product categories. SunPower Celebrates Production of 500,000 Solar Panel with Manufacturing Partner Flextronics, SunPower is changing the way our world is powered, Browse Solar Design Retail nextracker It also sets up an interesting dichotomy between the companies like Canadian Solar and First Solar that are more vertically organized and those that will be willing to deeply integrate contractors into their operations. Interested in learning more about taking control back from the power companies?

For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Intel spun out, and wound down, a solar company. SunEdison has been a long time partner, doing business together since May 2011, and in January 2013 hit a milestone of the production of the one millionth Silvantis solar module at our Flextronics facility in Port of Tanjung Pelepas (PTP), Johor, Malaysia. The devices track the path of the sun throughout the day, and adjust solar panels, making them more efficient. The best way to understand which solar equipment is best for you is to compare options side by side. Register as a Renewable Energy Partner. Click to see our monthly roundup of recent legislation and research throughout the country. SunPower Corp. (NASDAQ: SPWR) designs, manufactures and delivers the highest efficiency, highest reliability solar panels and systems available today. Solar policy differs across state lines and regions. This equipment may be older, no longer produced by manufacturers and likely rarely stocked by solar installation companies. An error has occurred, please try again later. Can Panasonic Solve SolarCity's Customer Quandry? Most of the other companies were trying to establish brands under their own name. Overall, the industrial and energy group generates about $4.5 billion in revenue for Flex, or 17% of the total. Solar panels are listed as Unrated if their technical specifications sheet does not include information necessary for the rating system. Flex may be the biggest company youve never heard of. In addition to high demand for SunPower panels for the residential market, some of the utility and commercial sites with California-made panels include: Todays milestone is a great accomplishment for both companies, said Jeannine Sargent, Flextronics President, Energy. Dedicated in April 2011, the plant employs more than 100 people and produces between 80 and 90 megawatts (MW) annually, depending on the size of the solar panel being produced. It sends you messages when it notices something unusual in your energy use and lets you know when youre saving money. But you will know many of Flexs clients Nike, Google, NASA and Bose just to name a few. Are energy-efficient appliances worth it? Flex has delivered over 8 million solar panel modules to customers around the world.

This copy is for your personal, non-commercial use only. PowerPlaychanges all that. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Browse the current issue and archived issues of Solar Power World in an easy-to-use, high-quality format. Solar panels earning the Very Good rating perform above average across a range of criteria, and may only miss out on the highest ranking due to a shorter warranty, lower efficiency, or decreased performance under sub-standard conditions. Give us your contact information and one of our solar professionals will reach out to you. PowerPlay gives you real-time energy monitoring and the ability to control appliances from your phone. Flextronics will begin the full volume manufacturing in the first quarter of calendar 2015 at its center of excellence for solar module manufacturing facility in Ciudad Juarez, Mexico. We believe in the power of technology to connect people, products and services to create a smarter, more sustainable future, says Flex. It actually started manufacturing NEXTrackers equipment a few months ago. Fair solar panels may have received a higher rating during previous iterations of this rating system, but now has dropped in quality as the technology available across the rest of the industry has improved. While trackers have been around for years, the concept has gained momentum recentlyas companies like NEXTracker and Qbotix have figured out ways to eliminate the heavy infrastructurelots of steel, lots of cement, plenty of extra labor, lots of moving parts, and supersized solar panelsthat often goes along with tracking. Flex Energy currently operates in California, Nevada, & Utah. On this page, you can find a complete list of solar panels from Flex and compare models side-by-side. Helen Kendrick, SunPower Flexs success may prompt other contract manufacturers to increase their efforts in energy. Array Technologies Its all designed to give you the greatest control over your energy and its costs. Solar panels receiving a Poor rating are at the bottom end of the spectrum of solar equipment, and should be priced accordingly if at all available. This lets you make the most of those times when your solar panels are producing excess power. Applied Materials invested billions in amorphous silicon, only to give up a few years later. Good solar equipment is ideal for solar shoppers seeking a bargain for their solar energy system. We are proud to apply our innovative supply chain services to help SunEdison achieve their goal of providing clean and smart energy solutions, said Scott Graybeal, Flextronics senior vice president of energy.

Enter your zip code to see solar quotes near you. All Rights Reserved, This is a BETA experience. The Flex suite of solar system hardware is the most comprehensive suite of solar products from one brand. Its a contract manufacture, working behind the scenes to shave costs and ship in volume. Follow this author to improve your content experience. You may opt-out by.