SolarEdge Technologies, Inc., incorporated on August 7, 2006, offers an inverter solution for a solar photovoltaic (PV) system. The Company's products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The Company's power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module. This enables each PV module to continuously produce its maximum power potential independent of other modules in the same string, thus minimizing module mismatch and partial shading losses. By performing these adjustments at a high rate, its power optimizers also solve the dynamic MPP losses associated with traditional inverters. The Company's solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system.
SolarEdge Power Optimizer
The Company's DC power optimizer is a DC-to-DC converter, which is connected by installers to each PV module or embedded by PV module manufacturers into their modules as part of the manufacturing process. Its power optimizer increases energy output from the PV module to which it is connected by continuously tracking the MPP of each module and controlling its working point. The power optimizer's ability to track the MPP of each PV module and its ability to increase or decrease its output voltage, enables the inverter's input voltage to remain fixed under a range of string configurations. The Company's power optimizers monitor the performance of each PV module and communicate this data to its inverter using its power line communication. The inverter transmits this information to its monitoring server.
SolarEdge Inverter
The Company's DC-to-alternating current (AC) inverters contain digital control technology with power conversion architecture. A power line communication receiver is integrated into each inverter, receiving data from its power optimizers, storing this data and transmitting it to its monitoring server when an Internet connection exists. The Company offers its second generation of inverters, which come in models, including a one-phase inverter designed to address the residential market (2.2 kilowatts (kW) to 11.4 kW), and a three-phase inverter designed to address the residential market in certain European countries and the commercial market (4 kW to 33.3 kW). It also offers an extended commercial solution that consists of various inverters, sized 25 kW, 27.6 kW and 33.3 kW for the Europe, Middle East, Africa and Asia Pacific markets, and 14.4 kW and 33.3 kW for the North American market. The Company focuses on development of HD-Wave technology inverter.
StorEdge Solutions
The Company's StorEdge solution is a DC coupled solution. The solution is based on a single inverter for both solar PV and storage. Its StorEdge solution is designed to provide smart energy functions, such as maximizing self-consumption, time-of-use programming for desired hours of the day and home energy backup solutions. With a backup solution, unused solar PV power is stored in a battery and used during a power outage or when solar PV production is insufficient. When there is a power outage, a combination of solar PV power and battery is used to power sources, such as the refrigerator, communication devices, lighting and AC outlets. Its monitoring platform provides visibility into battery status, solar PV production and self-consumption.
SolarEdge Monitoring Software
The Company's cloud-based monitoring platform collects power, voltage, current and system data sent from its inverters and power optimizers, and allows users to view the data at the module level, string level, inverter level and system level from any browser or from various smart phones and tablets. The monitoring software continuously analyzes data and flags problems.
The Company competes with SMA Solar Technology AG, ABB Ltd., Enphase Energy, Inc. and Huawei Technologies Co. Ltd.
1 HaMada St., POB 12001
The company trades on NASDAQ exchange. The company headquarter is located in Israel. The company was established in the 2006.| Ticker | SEDG |
| Long Name | SolarEdge Technologies, Inc. |
| Short Name | SolarEdge |