FASTNED INSTALLS SOLAREDGE TECHNOLOGY FOR ITS NATIONWIDE ELECTRIC CAR FAST-CHARGING STATIONS

3 MW of Distributed SolarEdge Inverters and Power Optimizers in the Netherlands

Hod Hasharon, Israel; March 27, 2014 – SolarEdge Technologies, a leading provider of solar power optimizers and inverters, announces that Fastned has selected the SolarEdge solution for its nationwide network of 200 electric car fast-charging stations. The network will be strategically dispersed throughout the Netherlands' highways and will be partially powered by 3 MW of distributed solar power. Fastned selected SolarEdge technology because it significantly decreased installation and operation & maintenance costs compared to traditional systems, while simultaneously increasing energy yield.


SolarEdge's module-level monitoring system provides Fastned with real-time performance data on each individual module and gives immediate alerts on any irregularities that may occur, pinpointed on a virtual site map. This offers increased system uptime by allowing Fastned to monitor all of its 200 fast-charging electric stations from one centralized location.

"Fastned is founded on a big vision with a simple solution and so is SolarEdge, which is what makes SolarEdge our ideal partner. SolarEdge took a new look at traditional PV systems and its simple solution of module-level optimization is revolutionizing the industry, just as Fastned plans to transform transportation," stated Joost Hoffman, Fastned's Operations Manager.

Installed by Solar Today, a leading nationwide solar integrator which specializes in supplying the highest-quality solar products, the projects consists of 10 kWp and 20 kWp PV stations that include 20 and 40 power optimizers respectively and one SolarEdge inverter. Solar Today installed P600 power optimizers, SolarEdge's one power optimizer per two panel solution, that is specifically designed to decrease the costs of large projects. SolarEdge technology allowed Fastned to double the string length compared to a traditional inverter, therefore decreasing the amount of strings by 50%.

"A standard feature in all PV system categories, SolarEdge technology continues to prove that module-level electronics are a simple solution for improving the bottom line of projects. Being selected by Fastned, a company that understands how disruptive technologies can turn a vision into a reality, demonstrates the innovative power of SolarEdge's technology," stated Lior Handelsman, VP Marketing & Product Strategy SolarEdge. "This project continues the positive trend of SolarEdge penetration into the strategic Dutch PV market."

About SolarEdge Technologies

SolarEdge Technologies provides end-to-end distributed solar power optimization and PV monitoring solutions, allowing maximum energy production for faster ROI. The SolarEdge power optimizers perform MPPT per individual module while monitoring the performance of each module. The high efficiency SolarEdge inverter is tailor-made to work with power optimizers. Module-level electronics enable enhanced maintenance and increased system safety with the SafeDC™ mechanism. SolarEdge technology provides commercial PV systems with flexible design, increased system uptime, and decreased O&M costs. SolarEdge is online at www.solaredge.com.

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