SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in PV inverters, power optimizers, and module-level monitoring services, announced today that its award-winning HD-Wave inverter set a new record for the California Energy Commission (CEC), by reaching 99% weighted efficiency.
Fremont, USA (January 31, 2017) - SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ: SEDG), a global leader in PV inverters, power optimizers, and module-level monitoring services, announced today that its award-winning HD-Wave inverter set a new record for the California Energy Commission (CEC), by reaching 99% weighted efficiency.
"At SolarEdge we are dedicated to making solar energy more accessible around the world by focusing on innovation," stated Lior Handelsman, Vice President of Marketing and Product Strategy and Founder of SolarEdge. "Breaking this new record is in line with our commitment to lead the industry in solar energy advancement."
By adopting a holistic approach to innovation, SolarEdge designed the new inverter to support enhanced product reliability by using film capacitors instead of electrolytic capacitors. To enable faster commissioning, the HD-Wave inverter has automatic power optimizer identification and string assignment detection. In addition to offering standard SolarEdge design flexibility, the HD-Wave inverter enables 155% DC/AC oversizing.
SolarEdge provides an intelligent inverter solution that has changed the way power is harvested and managed in solar photovoltaic systems. The SolarEdge DC optimized inverter system maximizes power generation at the individual PV module-level while lowering the cost of energy produced by the solar PV system. The SolarEdge system consists of power optimizers, inverters, storage solutions, and a cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. SolarEdge is online at http://solaredge.com/us