SolarEdge Introduces Solar-Attached EV Management Solution for the Commercial and Industrial Segment
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EV charging management solution (credit:
The new software-based solution, which further expands SolarEdge’s growing suite of C&I-focused products and software, manages and optimizes the EV charging process for sites that require dynamic load management and have large quantities of EVs, such as apartment buildings, workplaces and public charging locations. Built on advanced AI-based predictive algorithms, the solution incorporates real-time data analytics and considers solar production, dynamic electricity prices and tiered charging schedules. By integrating seamlessly with SolarEdge’s energy management system, this new offering orchestrates and optimizes interactions between facility solar generation, stationary battery storage and large-scale EV charging, taking into account grid and infrastructure limitations.
The EV charging management solution is powered by technology developed by Wevo Energy (“Wevo”), a startup specializing in EV charging optimization and management software, in which
“As more companies are taking active measures to electrify their car fleets, combining solar PV and EV charging is a cost-effective and sustainable way to manage these fleets,” said
"Wevo’s solution is already deployed at thousands of parking spaces globally. The combination of Wevo’s software with
About
About Wevo Energy
Wevo Energy was founded in 2021 to bring simple, efficient, and cost-effective EV charging to the most energy-demanding environments. Since then, it has gained a reputation for its AI-powered, energy management capabilities and simplicity. Wevo Energy is electrifying over 5,000 parking spaces globally. This funding round will allow the company to continue its mission and bring its innovative EV charging platform to larger audiences. For more information about Wevo Energy and its EV charging platform, please visit www.wevo.energy.
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Investor Contact
JB Lowe, Head of Investor Relations
investors@solaredge.com
Press Contact
Lily Salkin Global Public and Media Relations Manager
Lily.salkin@solaredge.com
dana.noyman@solaredge.com
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