SolarEdge Introduces Advanced Communications and Management Accessories

SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in PV inverters, power optimizers, and module-level monitoring services, announces the launch of advanced communications and management accessories to enhance module-level monitoring and improve O&M operations.

Fremont, USA (December 13, 2016) - SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ: SEDG), a global leader in PV inverters, power optimizers, and module-level monitoring services, announces the launch of advanced communications and management accessories to enhance module-level monitoring and improve O&M operations.

In an effort to speed up installation times and to simplify the setup of solar monitoring connections, SolarEdge introduces its GSM Cellular Kit for wireless communication. The GSM cellular kit is ideal for locations without broadband infrastructure. With the GSM cellular kit, installers receive a GSM network card combined with a preinstalled SIM card covered by a standard 12-year hardware warranty and a 5 or 12-year data plan. The Kit can be used in combination with any single-phase SolarEdge inverter, including SolarEdge's StorEdge™ solutions to provide online battery monitoring and the SolarEdge revenue-grade inverters to provide an end-to-end revenue metering solution.
SolarEdge is also launching a new electricity meter to offer system owners more insight into energy usage with consumption monitoring. The SolarEdge electricity meter supports consumption monitoring, on-grid applications, and grid export limitations. Information from the meter can be displayed on SolarEdge's cloud-based monitoring platform and smartphone applications. The electricity meter can be used with any SolarEdge single phase inverter solution and is compatible with StorEdge™ inverters for on-grid storage applications.
"SolarEdge helped lead the revolution of cloud-based, module-level monitoring for improved PV asset management," stated Peter Mathews, North America General Manager for SolarEdge. "SolarEdge is proud to take a leadership position in continuing to advance insights into PV production, consumption, and storage by offering innovative and cost-effective solutions, such as our new electricity meter and GSM Cellular Kit."
SolarEdge is currently taking orders for its electricity meter and GSM Cellular Kit.
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.com/us

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