Intersolar 2024: SolarEdge Launches New Powerful Solution for Small-Medium Utility Scale and Dual-Use Solar Segment in Germany

Rhea-AI Summary

SolarEdge Technologies, a leading smart energy technology company, has launched its high-power SolarEdge TerraMax™ Inverter paired with H1300 Power Optimizers in Germany, targeting small-to-medium utility scale PV installations and dual-use sites.

The SE300K1 inverter, now certified and available for order, offers advanced Module Level Power Electronics (MLPE) benefits, high-precision module-level monitoring, and PV fleet management. The inverter boasts 99% efficiency, supports 200% DC-oversizing, and includes an integrated night-time PID rectifier.

The solution supports up to 80-module string lengths, reducing balance of system (BoS) costs by up to 50%, and features pre-commissioning for early system validation. This launch aims to optimize energy production and offer design flexibility for various site conditions, enhancing value for investors and EPCs.

Positive

• High-power SolarEdge TerraMax™ Inverter launched in Germany.
• SE300K1 inverter certified and available for order.
• Targeting small-to-medium utility scale PV installations and dual-use sites.
• Includes advanced MLPE benefits, high-precision module-level monitoring, and PV fleet management.
• 99% inverter efficiency and 200% DC-oversizing.
• Integrated night-time PID rectifier.
• Supports up to 80-module string lengths, reducing BoS costs by up to 50%.
• Pre-commissioning allows early system validation.

Negative

• None.

Optimized utility solution now available in Germany

MILPITAS, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, today announces the German launch of its high-power SolarEdge TerraMax™ Inverter combined with H1300 Power Optimizers. The new SE300K¹ inverter has received certification and is now available for order in Germany.

SolarEdge TerraMax™ Inverter and H1300 Power Optimizer (Photo: Business Wire)

Targeting small-to-medium utility scale PV installations, the new versatile solution is suitable for varied topologies and challenging site conditions, ideal for ground mounted sites on sloped, uneven, or irregular shaped terrains, and dual use sites for applications such as floating PV and Agri-PV with trackers.

The SolarEdge TerraMax Inverter provides SolarEdge’s benefits of advanced Module Level Power Electronics (MLPE), that include more energy by overcoming module mismatch and shading losses, also common in bi-facial modules and vertical PV, built-in safety features, as well as design flexibility. The solution will be powered by the SolarEdge ONE for C&I new energy optimization platform, with high-precision module-level monitoring and PV fleet management for reduced site visits, increased system uptime and lower O&M costs.

The optimized utility solution is designed to increase energy production through 99% inverter efficiency, 200% DC-oversizing and an integrated night-time PID rectifier. The design supports up to 80-module string lengths, requiring less cabling and overall equipment. This can lead to reduced balance of system (BoS) costs by as much as 50%. Pre-commissioning also allows early system validation of components and wiring, prior to AC connection.

Alfred Karlstetter, Europe General Manager at SolarEdge Technologies, said: “We are pleased to bring the benefits of power optimization and high-resolution monitoring to the German utility solar segment with the introduction of our new high-power SolarEdge TerraMax Inverter. We believe that SolarEdge’s leading DC-optimization technology will help maximize value to investors and EPCs.”

¹ Delivering up to 297kW of power in Germany in line with local grid regulation (VDE-AR-N 4110 and VDE-AR-N 4120)

About SolarEdge

SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC-optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries and grid services solutions. SolarEdge is online at solaredge.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20240620672848/en/

PR Contact

Lily Salkin

Senior Global PR & and Media Manager

Lily.salkin@solaredge.com

Dana Noyman

Head of Corporate Communications & PR

dana.noyman@solaredge.com

Investor Contact

JB Lowe

Head of Investor Relations

investors@solaredge.com

Source: SolarEdge Technologies, Inc.

FAQ

What new product has SolarEdge launched in Germany?

SolarEdge has launched the high-power SolarEdge TerraMax™ Inverter combined with H1300 Power Optimizers in Germany.

What are the benefits of the new SolarEdge TerraMax Inverter?

The benefits include 99% inverter efficiency, 200% DC-oversizing, advanced MLPE features, high-precision module-level monitoring, and reduced BoS costs by up to 50%.

Is the SE300K1 inverter available for order in Germany?

Yes, the SE300K1 inverter has received certification and is now available for order in Germany.

What target market does the SolarEdge TerraMax Inverter address?

The SolarEdge TerraMax Inverter targets small-to-medium utility scale PV installations and dual-use sites like floating PV and Agri-PV with trackers.

How does the SolarEdge TerraMax Inverter improve energy production?

The inverter improves energy production through 99% efficiency, 200% DC-oversizing, and overcoming module mismatch and shading losses.

How much can balance of system (BoS) costs be reduced with the SolarEdge TerraMax Inverter?

BoS costs can be reduced by up to 50% with the SolarEdge TerraMax Inverter.