With a growing global residential PV market, software solutions to optimize rooftop systems have spawned. Last year the PV market grew by 29% with no sign of decelartion in sight. Optimizing installations and making them as convenient as possible has thus become a hotter market recently.
SolarEdge has announced the launch of a new virtual power plant solution promising grid services and reducing the necessity for costly grid infrastructure investments.
Power electronics company, SolarEdge has announced the launched of an EV charging inverter in Europe.
The Israel-headquartered producer of power optimizers and inverters enjoyed a record year in 2017, increasing revenue by 24% to US$607 million and shipping more than 2.5 GW of inverters worldwide.
SolarEdge’s new three-phase, DC-optimized and high-voltage inverter and monitoring solution to enter the Japanese market in March via distribution partnership with domestic inverter specialist Omron.
Revenue for the Israeli power electronics company rises 22% sequentially in third quarter to reach $166.6 million. More than 676 MW of inverters shipped helped drive gross margin of 34.9%.
The company credited shipments of nearly 2 million optimizers and 75,000 inverters, along with increased sales in Europe, for the increase.
The Israeli power electronics specialist introduces electric vehicle charger at Intersolar North America that can be integrated using a single inverter and dashboard.
The company shipped 455 MW-AC of inverters from January through March and predicted revenues for Q2 to be within the range of $120 million to $130 million
Israeli headquartered power electronics specialist SolarEdge has announced that it is rolling out a complete solution for residential PV, consisting of inverter, storage and home automation system.
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