SolarEdge to launch residential PV solution in Europe

A maturing solar industry is more comfortable with MLPE products, which in turn are becoming cheaper and more sophisticated.

SolarEdge will showcase its new residential portfolio at European events throughout 2017. The products include the HD-Wave Inverter, the StorEdge solution for monitoring energy production and a device control suite to monitor self-consumption. The rollout will also include new three-phase inverters, which the company says are lighter, quieter, smaller and more efficient than previous offerings.

“SolarEdge is commited to making PV more accessible throughout Europe by providing innovative products,” says Alfred Karlstetter, General Manager of SolarEdge Europe. “Our new offering covers a wide variety of homeowner needs, from increased production & self consumption to home automation.”

2017 has gotten off to a very busy start for SolarEdge, which posted its highest ever gross margin in financials for the quarter ended December 31st 2016. The company also announced a major expansion into the Japanese market earlier this week at PV Expo in Tokyo.