SolarEdge Technologies Inc - Company Profile
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Business Description
SolarEdge Technologies Inc (SolarEdge) provides intelligent inverter solutions and module-level power electronics for solar power harvesting and monitoring. The company’s solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system. Its solution addresses a range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. It also offers support for the commercial PV project life cycle, including project design and pre-sale, project execution, and operation and maintenance.
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R&D Overview
The company’s research and development (R&D) focuses on identifying and developing new products and systems, adding new features to existing products and systems, reducing unit costs of products and systems for the benefit of its consumers. In FY2022, it spent US$289.8 million on its R&D, which was 9.3% of its revenue, and grew 32% YoY. The company had 444 issued patents and 462 patent applications pending for examination. Most of the company’s patents are related to DC to AC conversion for alternative energy power systems, DC power optimization, power system monitoring and control, battery technology and management systems.
Product Categories
- Communication
- e-Mobility Components and Telematics
- Inverters
- Optimizers
- Others
- Residential Batteries
Performance
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Performance
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Overview
SolarEdge inverter is a DC-to-AC inverter containing sophisticated digital control technology with efficient power conversion architecture for solar power harvesting and high reliability. It is designed to work exclusively with the company’s DC power optimizers. Offers second generation of inverters in two models: a one-phase inverter designed to address the residential market (1 kilowatts (kW) to 11.4 kW) and a three-phase inverter designed to address the residential and the commercial markets (4 kW to 100 kW).
Performance
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Overview
SolarEdge DC power optimizer is a DC to DC converter connected by installers to each PV module or embedded by PV module manufacturers into modules as part of the manufacturing process. It increases energy output from the PV module by continuously tracking the maximum power point (MPP) of each module and controlling its working point. Its power optimizer is designed for use in proprietary inverters and third party inverters to provide power optimization.
Performance
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Overview
Sells UPS devices, batteries, Lithium-ion cells and energy storage solutions.
Performance
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Performance
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Geographical Segments
- Europe (except for Germany, Netherlands and Italy)
- Germany
- Italy
- Netherlands
- Rest of the World
- United States
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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