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SolarEdge
Distributed Solar
Power Harvesting
Systems
Company Introduction
2013

©2013 SolarEdge
SolarEdge Vision
To be the leading provider of module-level electronics for the
PV industry
To accelerate the pace toward grid parity and make clean
energy affordable and widespread

©2013 SolarEdge

|2
SolarEdge at a Glance
Established the DC power optimizer segment and leads it with
a market share of over 70%
Over 2,700,000 power optimizers shipped to over 50 countries
More than 100,000 inverters shipped
Quarterly run rate above 140MW

Utility, commercial and residential solutions
Strategic partnerships across the PV value-chain from module
manufacturers to integrators
©2013 SolarEdge

|3
Global Sales & Distribution
Sales through leading integrators and distributors in over
50 countries
Local SolarEdge presence in 11 countries
Distribution
Sales & Support
Subsidiaries
Production
and fulfillment

2012 worldwide
distribution of sales
APAC
10%

ROW
5%

North
America
16%

EU
69%

©2013 SolarEdge

|4
High Quality Production
To date over 2.7 million units shipped
Automated production lines
̶ Close partnerships with leading manufacturers Jabil & Flextronics
̶ Scalability to support 3 times year over year production
volume increase

©2013 SolarEdge

|5
The Problem

©2013 SolarEdge

|6
Traditional Systems Inherent Problems
Energy Loss
Module mismatch (3-5% loss)
Partial shading (2-25% loss)
Dynamic MPPT loss (3-10% loss)

System Drawbacks
No module level monitoring
Limited roof utilization
Safety hazards

SolarEdge solution overcomes all
energy losses providing up to 25%
more energy
SolarEdge solves other system
drawbacks at a price comparable
to traditional inverters

©2013 SolarEdge

|7
String-Level MPPT
The speed is limited by the performance of the weakest rider…

©2013 SolarEdge

|8
Module-Level MPPT
With personal transmission gear, each rider can maximize
individual potential, so the bicycle travels faster!

©2013 SolarEdge

|9
Solution Overview
& Benefits
©2013 SolarEdge

| 10
SolarEdge System Overview
Module level optimization
Fixed voltage – flexible design
Power Optimizer

Module level monitoring
Enhanced safety solution
Inverter

Module embedded

Module add-on

Monitoring Portal
and Server
©2013 SolarEdge

| 11
SolarEdge Power Optimizers
Per-module Maximum Power Point Tracking (MPPT)
99.5% maximum efficiency, 98.8% weighted efficiency
Advanced, real-time performance measurement
Automatic module shut-down for installer and
firefighter safety
Embedded by module manufacturers, or connected
by installers to c-Si and thin-film modules

* Available H1 2014

300W-500W
Module add-on

600W-700W Module Add-On
for Commercial Installations

300W
Module embedded
©2013 SolarEdge

| 12
Fixed String Voltage
String voltage is always fixed, regardless of temperature
and of string length
Constraint free design
Longer strings:
reduces wiring & BoS
components
Flexible design for
maximum roof utilization:
̶ Parallel strings of unequal
lengths
̶ Modules on multiple roof facets
̶ Modules with different
power ratings

String voltage is always optimal for DC/AC conversion
©2013 SolarEdge

| 13
Unique Safety Solution
Electrocution prevention & fire safety
̶ SafeDC™: automatic module DC shutdown when
inverter is not operating
̶ Module and inverter thermal shutdown
̶ Electric arcs are prevented

The result:
̶ Higher security for installers, maintenance teams
& firefighters
̶ Improved asset protection - roof, solar system
̶ Better suited to future insurance requirements

©2013 SolarEdge

| 14
SolarEdge Inverters
Inverters specifically designed for power optimizers fixed string
voltage
98% maximum efficiency
Fixed string voltage
Single stage inverter (no need to boost DC voltage)
Simpler design  Highest reliability at minimal cost
Built-in communication hardware

Single phase inverters
2.2kW – 6kW

Three phase inverters
5kW – 17kW

Commercial inverters
35kW – 50kW
* Coming soon

©2013 SolarEdge

| 15
Module- Level Monitoring
Module-level monitoring allows to monitor the performance of
modules, strings and inverters
̶ In traditional systems only inverter level can be monitored
̶ Pinpointing of the exact location of a module, allowing timeeffective maintenance
̶ Installers can use module-monitoring to offer proactive customer
service

Fleet management:
monitor entire install-base
through a single portal
Installers control the level of
system performance visibility
for their customers
©2013 SolarEdge

| 16
SolarEdge Product Overview

©2013 SolarEdge

| 17
Value Proposition Summary
The only commercially available solution to deliver all following
benefits, while reducing the cost of energy
Maximum energy gain
Ground mounted system: 2-5%, commercial 2-10%, residential 2-25%
Constraint-free site design
Optimal site space utilization at reduced cost

Real-time module-level web monitoring
Increased uptime and remote maintenance
Automatic module shut-down
Unique electrocution prevention and fire safety

©2013 SolarEdge

| 18
Thank you
Email
Twitter
Blog

info@solaredge.com
www.twitter.com/SolarEdgePV
www.solaredge.com/blog

Websites

www.solaredge.com
www.solaredge.us
www.solaredge.de
www.solaredge.jp
www.solaredge.fr
www.solaredge.it
©2013 SolarEdge

| 19

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SolarEdge Company Presentation

  • 2. SolarEdge Vision To be the leading provider of module-level electronics for the PV industry To accelerate the pace toward grid parity and make clean energy affordable and widespread ©2013 SolarEdge |2
  • 3. SolarEdge at a Glance Established the DC power optimizer segment and leads it with a market share of over 70% Over 2,700,000 power optimizers shipped to over 50 countries More than 100,000 inverters shipped Quarterly run rate above 140MW Utility, commercial and residential solutions Strategic partnerships across the PV value-chain from module manufacturers to integrators ©2013 SolarEdge |3
  • 4. Global Sales & Distribution Sales through leading integrators and distributors in over 50 countries Local SolarEdge presence in 11 countries Distribution Sales & Support Subsidiaries Production and fulfillment 2012 worldwide distribution of sales APAC 10% ROW 5% North America 16% EU 69% ©2013 SolarEdge |4
  • 5. High Quality Production To date over 2.7 million units shipped Automated production lines ̶ Close partnerships with leading manufacturers Jabil & Flextronics ̶ Scalability to support 3 times year over year production volume increase ©2013 SolarEdge |5
  • 7. Traditional Systems Inherent Problems Energy Loss Module mismatch (3-5% loss) Partial shading (2-25% loss) Dynamic MPPT loss (3-10% loss) System Drawbacks No module level monitoring Limited roof utilization Safety hazards SolarEdge solution overcomes all energy losses providing up to 25% more energy SolarEdge solves other system drawbacks at a price comparable to traditional inverters ©2013 SolarEdge |7
  • 8. String-Level MPPT The speed is limited by the performance of the weakest rider… ©2013 SolarEdge |8
  • 9. Module-Level MPPT With personal transmission gear, each rider can maximize individual potential, so the bicycle travels faster! ©2013 SolarEdge |9
  • 11. SolarEdge System Overview Module level optimization Fixed voltage – flexible design Power Optimizer Module level monitoring Enhanced safety solution Inverter Module embedded Module add-on Monitoring Portal and Server ©2013 SolarEdge | 11
  • 12. SolarEdge Power Optimizers Per-module Maximum Power Point Tracking (MPPT) 99.5% maximum efficiency, 98.8% weighted efficiency Advanced, real-time performance measurement Automatic module shut-down for installer and firefighter safety Embedded by module manufacturers, or connected by installers to c-Si and thin-film modules * Available H1 2014 300W-500W Module add-on 600W-700W Module Add-On for Commercial Installations 300W Module embedded ©2013 SolarEdge | 12
  • 13. Fixed String Voltage String voltage is always fixed, regardless of temperature and of string length Constraint free design Longer strings: reduces wiring & BoS components Flexible design for maximum roof utilization: ̶ Parallel strings of unequal lengths ̶ Modules on multiple roof facets ̶ Modules with different power ratings String voltage is always optimal for DC/AC conversion ©2013 SolarEdge | 13
  • 14. Unique Safety Solution Electrocution prevention & fire safety ̶ SafeDC™: automatic module DC shutdown when inverter is not operating ̶ Module and inverter thermal shutdown ̶ Electric arcs are prevented The result: ̶ Higher security for installers, maintenance teams & firefighters ̶ Improved asset protection - roof, solar system ̶ Better suited to future insurance requirements ©2013 SolarEdge | 14
  • 15. SolarEdge Inverters Inverters specifically designed for power optimizers fixed string voltage 98% maximum efficiency Fixed string voltage Single stage inverter (no need to boost DC voltage) Simpler design  Highest reliability at minimal cost Built-in communication hardware Single phase inverters 2.2kW – 6kW Three phase inverters 5kW – 17kW Commercial inverters 35kW – 50kW * Coming soon ©2013 SolarEdge | 15
  • 16. Module- Level Monitoring Module-level monitoring allows to monitor the performance of modules, strings and inverters ̶ In traditional systems only inverter level can be monitored ̶ Pinpointing of the exact location of a module, allowing timeeffective maintenance ̶ Installers can use module-monitoring to offer proactive customer service Fleet management: monitor entire install-base through a single portal Installers control the level of system performance visibility for their customers ©2013 SolarEdge | 16
  • 18. Value Proposition Summary The only commercially available solution to deliver all following benefits, while reducing the cost of energy Maximum energy gain Ground mounted system: 2-5%, commercial 2-10%, residential 2-25% Constraint-free site design Optimal site space utilization at reduced cost Real-time module-level web monitoring Increased uptime and remote maintenance Automatic module shut-down Unique electrocution prevention and fire safety ©2013 SolarEdge | 18