Solar

SolarEdge presents expanded PV solutions at All-Energy

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PRESS RELEASE

Melbourne, Australia (October 3, 2016)

SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in PV inverters, power optimisers, and module-level monitoring services, is showcasing at All-Energy its expanded PV solutions to further enhance the solar energy experience. With thousands of StorEdge™ systems already deployed around the world and in Australia, SolarEdge is extending its leading StorEdge solution, which supports increased self-consumption and grid independence. Further expanding its smart energy management solution, SolarEdge is leading the integration of PV and smart homes with the launch of a new smart load management suite. SolarEdge is also featuring new commercial services, smart module support, and its award-winning HD-Wave inverter.

As an emerging forerunner in smart energy management, SolarEdge is presenting its leading storage solution, StorEdge. To meet customer demand and to offer a wider range of capabilities, SolarEdge is extending the StorEdge solution to include AC coupling, extended power & capacity, and connection to three-phase SolarEdge inverters. These additional configurations, such as double battery installations, allow for StorEdge to be tailored to meet specific energy requirements of homeowners. Now with expanded battery compatibility, the StorEdge solution supports Tesla’s home battery, the Powerwall and the LG Chem’s RESU10H battery and RESU7H batteries. SolarEdge continues to develop strong alliances across the PV value chain to enhance its storage offering.

SolarEdge is also launching its new device control suite, which further enhances a system owner’s energy independence. The new suite is designed to direct excess PV energy to appliances during the day in order to shift energy consumption to match PV generation. The suite includes load switching devices and immersion heater controls.

“SolarEdge is dedicated to offering the Australian market cost-effective and innovative solutions that increase the rate of solar energy proliferation,” stated Zvi Lando, SolarEdge’s VP of Global Sales. “Our extensive portfolio at All-Energy this year represents our growth and leadership in the solar energy industry and commitment to advancing the Australian PV market.”

SolarEdge is previewing its award-winning HD-Wave technology inverter that uses a novel power conversion technology. The HD-Wave inverter is ≤7.6kW, ≤11.5kg, has 99% efficiency and excellent reliability. Shipments will initially be limited.

Expanding on its power optimiser offering, SolarEdge will also be showcasing its new generation power optimiser for smart modules. The new generation of integrated power optimisers features a lower-profile design with snap-in technology for manufacturing flexibility and easy serviceability.

SolarEdge invites All-Energy attendees to visit its stand, #2228, to meet its local and global management teams, learn more about its new product offerings, and provide feedback.

About SolarEdge:
SolarEdge provides an intelligent inverter solution that has changed the way power is harvested and managed in solar photovoltaic systems. The SolarEdge DC optimized inverter system maximizes power generation at the individual PV module-level while lowering the cost of energy produced by the solar PV system. The SolarEdge system consists of power optimizers, inverters, storage solutions, and a cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. SolarEdge is online at http://www.solaredge.com

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