US Company Expands Market into Japan
Solar photovoltaics get all the attention, but turning sunlight into usable energy is what makes -- or breaks -- the ROI.
The process of turning solar energy into energy that can be used on our existing grid can create losses and inefficiencies that dramatically affect the returns from an installation. SolarEdge Technologies, Inc. (NASDAQ: SEDG), a leading US manufacturer, invented an intelligent inverter solution that revolutionized the way power is harvested and managed in a solar photovoltaic (PV) system. The SolarEdge direct current (‘‘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. Addressing a broad range of solar market segments, the SolarEdge system consists of power optimizers, inverters, and a cloud-based monitoring platform.
Inverters play a key role in converting direct current (DC) (a flat line) into the alternating current (AC) that appears as a waveform. In the process, the voltage must be measured and optimized, so that the resulting waveform is compatible with existing utility standards. The US standard is AC because AC can generate higher voltages to travel over long distances, using transformers to 'step down' the signal for use in businesses and residences. The SolarEdge system enables superior power harvesting and module management by deploying power optimizers to each PV module while maintaining a competitive system cost by keeping the alternating current (‘‘AC’’) inversion and grid interaction centralized using a simplified DC-AC inverter. A major step for the company, SolarEdge expanded into Japan.
“As a top global inverter company, SolarEdge is now launching its commercial inverter solution in the Japanese market,” stated Guy Sella, CEO, Founder, and Chairman of SolarEdge. “Identifying Japan as an important PV market, SolarEdge invested in developing the right products to meet the needs and regulation requirements of the Japanese market.
SolarEdge inverters have a standard 12 year warranty, extendable to 25 years, 25 year warranty for power optimizers, and its module-level monitoring is free for system lifetime. As part of its commercial solution, SolarEdge offers a wide variety of optional pre and post sales services to support the installation and help ensure lifetime profitability of a SolarEdge commercial system. The SolarEdge commercial solution also includes optional control & communications gateway (CCG) and environmental sensors.
“SolarEdge began ten years ago by introducing innovative power optimizer. Today, we offer a full DC optimized inverter solution. Our global track record of 2.5GW of systems shipped, including ten million power optimizers, coupled with a local Japanese team and subsidiary, ideally positions us to launch our commercial solution in the Japanese market,” stated Nobu Fukatsu, SolarEdge’s General Manager of Japan.
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.