solaredge

solaredge

SolarEdge provides groundbreaking distributed Power Harvesting and Monitoring systems that produce more PV energy at a lower cost.

Founded: January 2006

About solaredge

SolarEdge invented an intelligent inverter solution that revolutionized the way power is harvested and managed in a solar photovoltaic (PV) system. The SolarEdge direct current (‘‘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.

Addressing a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations, the SolarEdge system consists of power optimizers, inverters, and a cloud-based monitoring platform.

The SolarEdge system enables superior power harvesting and module management by deploying power optimizers to each PV module while maintaining a competitive system cost by keeping the alternating current (‘‘AC’’) inversion and grid interaction centralized using a simplified DC-AC inverter.

Module manufacturers, installers, and system owners enjoy the benefits of SolarEdge technology, which allows maximum power production through module-level MPPT, optimal roof utilization through constraint-free design, and enhanced maintenance and accurate troubleshooting through module-level monitoring. Another benefit is the guaranteed automatic DC shutdown for installers, maintenance personnel, and firefighters through the unique SafeDC™ mechanism.

Since beginning commercial shipments in 2010, SolarEdge has shipped approximately 1.3 Gigawatt (‘‘GW’’) of our DC optimized inverter systems and products have been installed in solar PV systems in more than 70 countries

Team

Funding

INVESTOR
STAGE
AMOUNT
DATE
Round: Series D
Round Size: US$37M
Date: Oct 2011

United States of America

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Round: Series C
Round Size: US$25M
Date: Oct 2010
Round: Series B
Round Size: US$23M
Date: Oct 2009