SolarEdge Inverters Confirmed to Meet Smart Inverter Functionality

Fremont, California (November 30, 2016) - SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ: SEDG), a global leader in PV inverters, power optimizers, and module-level monitoring services, announces that Intertek confirmed that samples of SolarEdge inverters were the first it tested to meet the UL 1741 SA draft requirements to be smart inverters. SolarEdge single-phase smart inverters are Rule 21 ready and support 12 advanced inverter features.

"The SolarEdge single-phase inverters are the first inverters we have confirmed to meet the UL 1741 SA draft requirements," stated Sunny Rai, Vice President of Renewable Energy at Intertek. "Intertek is proud to work with leading companies like SolarEdge to advance the PV industry through smart inverter functionality, which supports improved grid resiliency and enables more PV integration."
SolarEdges smart inverters now offers advanced inverter functions to the mainland US Market and have already brought functionality similar to Rule 21 to markets such as Germany, Italy, England, Australia, Hawaii, and Japan.
"With some of the highest PV penetration in the United States, Hawaii is increasingly looking to smart inverters for grid management solutions," said Research Engineer Andy Hoke of the Energy Departments National Renewable Energy Laboratory (NREL). "To meet this growing challenge, NREL worked with SolarEdge to test their products as part of Hawaiian Electrics advanced inverter testing program."
By meeting the advanced inverter requirements, SolarEdges optimized inverters enable utilities to build in higher levels of PV solar generation. SolarEdge inverters that meet this requirement will be installed with the label of "Grid Support Utility Interactive Inverter" and will provide smart inverter features to residential PV system owners.
"With PV inverters taking on an expanded role in energy management, they are continually acting as the solar energy systems brain by controlling monitoring, storage, communications, and smart grid interactions," stated Lior Handelsman, VP Marketing and Product Strategy of SolarEdge. "Meeting this smart inverter requirement continues our leadership in developing next generation technology and in advancing PV systems grid interaction to further the implementation and integration of solar energy."
About SolarEdge:
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://www.solaredge.us