SolarEdge Wins The Intersolar Award for Its HD-Wave Technology Inverter

MUNICH, Germany--(BUSINESS WIRE)--Jun. 22, 2016-- SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in PV inverters, power optimizers, and module-level monitoring services, wins the prestigious Intersolar Award in the Photovoltaics category for its HD-Wave technology inverter. Representing one of the most significant leaps in solar technology in the past 20 years, SolarEdge’s HD-Wave inverter technology is a novel power conversion topology that significantly decreases inverter size and weight while achieving record efficiency.

By employing distributed switching and advanced digital processing to synthesize a clean, high-definition sine wave, HD-Wave inverters have <1/2 the heat dissipation, 16x less magnetics, and 2.5x less cooling components than current SolarEdge inverters, which are already among the smallest on the market. Inverters powered by HD-Wave technology are ≤6kW, 14.5L, ≤9.5kg and have 99% weighted efficiency.

“Functioning as the brain of PV systems, inverters are integral in accelerating the pace towards grid parity and advancing PV proliferation,” said Guy Sella, CEO and Chairman of SolarEdge. “We are proud to be recognized, for the 2^nd time in 4 years, by Intersolar and their esteemed judges for our technology leading position within the PV industry.”

“SolarEdge is honored to be given this esteemed Intersolar Award for our HD-Wave technology inverter," stated Lior Handelsman, VP Marketing and Product Strategy of SolarEdge. "Representing a significant transition in inverter technology, the use of digital processing in our HD-Wave inverter technology will allow us to more quickly improve inverter size, efficiency, and reliability than the current industry standard.”

The HD-Wave technology inverter is already available in select locations. SolarEdge plans for a more extensive rollout throughout 2016.

Along with its extended portfolio of smart energy management solutions and its commercial offering, SolarEdge is displaying its HD-Wave technology inverter at its booth, located in Hall B3, Booth 110 during Intersolar EU.

About SolarEdge:

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

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Source: SolarEdge Technologies, Inc.

Press Contacts
SolarEdge Technologies
Hadas Rozen, +972.9.957.6620, Ext. #314
Director of Marketing
hadas.rozen@solaredge.com