SolarEdge Unveiling Enhanced Commercial Offering and Residential StorEdge at SPI
September 20 2019 - 8:30AM
Business Wire
SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a
global leader in smart energy, announced today that it is extending
its commercial offering to improve the scalability of DC
optimization in large PV installations. The company is also
upgrading its residential StorEdge® offering to enhance the
flexibility and economics of solar storage systems.
At Solar Power International, SolarEdge is previewing a new
version of its 120kW three phase inverter with synergy technology
that is designed to enable quick and easy installation and
inventory management. SolarEdge will also launch a new commercial
power optimizer with two MPP trackers that connects to up to four
modules. The new commercial inverter and power optimizer are
expected to be available in the beginning of 2020.
SolarEdge is upgrading its StorEdge inverter by transitioning to
HD-Wave technology and providing a new backup interface. The new
StorEdge inverter is designed to support connection to backup
generators or up to three StorEdge inverters with each DC coupled
to two batteries. SolarEdge will also launch a new backup StorEdge
interface that raises available backup power and eliminates
pre-defining loads for simplified energy management. The new
StorEdge offerings are expected to be available in Q4 of 2019.
“Having established SolarEdge as the residential inverter leader
in the U.S., SolarEdge is expanding its footprint in smart energy.
This move better positions us to provide a seamless energy
ecosystem for both installers and system owners alike," stated Lior
Handelsman, SolarEdge’s VP of Marketing and Product Strategy,
Founder. "Simultaneously, SolarEdge continues to strengthen its
activity in the commercial PV market by improving the economics of
large scale installations through scalable DC optimization.”
SolarEdge will also preview its own residential and commercial
batteries and smart energy solutions. Expected to be available in
the first half of 2020, the Li-Ion, high-voltage NMC batteries will
provide a comprehensive storage solution that fully synchronizes
PV, battery, and site-level energy management through value
stacking. StorEdge will remain compatible with other battery
vendors. SolarEdge will also display smart energy hot water and
smart switches and sockets, controlled by a new homeowner app,
MySolarEdge.
About SolarEdge:
SolarEdge is a global leader in smart energy technology. By
leveraging world-class engineering capabilities and with a
relentless focus on innovation, SolarEdge creates smart energy
solutions that power our lives and drive future progress. SolarEdge
developed an intelligent inverter solution that changed the way
power is harvested and managed in photovoltaic (PV) systems. The
SolarEdge DC optimized inverter seeks to maximize power generation
while lowering the cost of energy produced by the PV system.
Continuing to advance smart energy, SolarEdge addresses a broad
range of energy market segments through its PV, storage, EV
charging, batteries, UPS, electric vehicle powertrains, and grid
services solutions. SolarEdge is online at solaredge.com.
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SolarEdge Technologies Jessica Fishman Public and Media
Relations Director Jessica.Fishman@solaredge.com +972-523958445
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