NEWARK, N.J.,
Sept. 6, 2018 /PRNewswire/
-- Panasonic Eco Solutions of North
America and global leader in smart energy, SolarEdge
Technologies, Inc. ("SolarEdge") (NASDAQ: SEDG), today introduced
the HIT® S Series Module, a new premium smart module for the U.S.
residential market optimized by SolarEdge. This module represents
the integration of industry-leading solar technology from Panasonic
and SolarEdge to simplify and accelerate solar module installation,
and deliver more power to homeowners.
Expanding Panasonic's photovoltaic high-performance HIT®
portfolio, the HIT® S Series Module with a SolarEdge power
optimizer is designed to generate more solar power in all
conditions, including high temperatures, as compared to leading
competitors, due to Panasonic's industry-low temperature
co-efficient.
"As states across the U.S. follow in California's footsteps to incentivize and
require solar module installations, energy storage and
energy-efficient upgrades, industry leaders like Panasonic and
SolarEdge must continue pushing boundaries in solar technology
innovation," said Mukesh Sethi,
General Manager, Solar and Energy Storage Division, Panasonic Eco
Solutions North America. "Bolstered by a SolarEdge power optimizer,
the new HIT® S Series smart module represents the latest
advancement for our Photovoltaic HIT® portfolio, offering
industry-leading premium power in even the highest temperatures,
while yielding homeowners more cost savings and enhanced
protection."
The new HIT® S Series smart module with a SolarEdge power
optimizer offers simplified logistics to accelerate installation.
Designed to specifically work with SolarEdge inverters, the module
offers all the SolarEdge benefits of increased energy production
for faster return on investment, improved design flexibility for
enhanced aesthetic and optimal rooftop design, module-level
monitoring of real-time system performance, as well as enhanced
safety with SafeDC™ technology for module-level shutdown.
Additionally, the SolarEdge inverter, which works with the HIT® S
Series smart module, is future-ready to upgrade to StorEdge® or
EV-charging, helping homeowners increase energy independence.
"As the leading inverter company in the U.S. residential
solar market, SolarEdge is dedicated to working with like-minded
industry leaders who are committed to developing new solutions that
make going solar more affordable and accessible to more people,"
said Peter Mathews, North America
General Manager for SolarEdge. "By launching a smart, optimized
solar module with Panasonic, we can offer the benefits of a
fully-optimized solution, while also accelerating the solar
installation experience for consumers nationwide."
The HIT® S Series smart module is covered by Panasonic's 25-year
TripleGuard warranty that provides module protection, including
performance, workmanship and parts. With a guaranteed 90.76 percent
rated power output after 25 years, homeowners can achieve more
energy savings year over year. SolarEdge's power optimizer warranty
is for 25 years and its inverter warranty is for 12 years,
extendable to 20 or 25 years. The SolarEdge solution includes
remote and module-level monitoring free for 25 years.
Attendees at Solar Power International 2018, Sept. 24 – 27, will be among the first in the
world to see the new high-performance HIT® S Series smart module on
display in Panasonic booth #1520 and SolarEdge booth #2614.
The HIT® S Series Module is expected to be available in the U.S.
in early 2019.
For more information about Panasonic solar technology, please
visit:
https://na.panasonic.com/us/energy-solutions/solar/solar-panels
About Panasonic Corporation of North
America
Newark, NJ-based Panasonic
Corporation of North America is a
leading technology partner and integrator to businesses, government
agencies and consumers across the region. The company is the
principal North American subsidiary of Osaka, Japan-based Panasonic Corporation and
leverages its strengths in Immersive Entertainment, Sustainable
Energy, Integrated Supply Chains and Mobility Solutions to enable
its business-to-business customers. Panasonic was highlighted
in Forbes Magazine's Global 2000 ranking as
one of the Top Ten Best Regarded Companies for 2017. The
ranking is based on outstanding scores for trustworthiness, honesty
with the public and superior performance of products and
solutions. Learn more about Panasonic's ideas and
innovations at Panasonic.com.
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, UPS, and grid services
solutions. SolarEdge is online at solaredge.us
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SOURCE Panasonic Corporation of North
America