SolarEdge’s Technology First to Meet South Australia’s New Dynamic Export Regulations
January 23 2023 - 10:15AM
Business Wire
- SA Power Networks is the first Australian electricity
distribution network to set Dynamic Export requirements in the
State Government's new plan to stabilize the grid with
sophisticated and remote cloud control
- SolarEdge is the first vendor to develop and certify a native
Dynamic Export compliant system without the need of additional
hardware
- System owners benefit from export of up to six-times more
energy back into the grid for most of the year
SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a
global leader in smart energy technology, announced today that its
products have met the new Dynamic Export requirements as part of
the South Australian Government's plan to stabilize the grid with
sophisticated, remote cloud control technologies. SolarEdge is the
first vendor to certify and offer this native dynamic export
service to SA Power Network.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230123005511/en/
Illustration of SolarEdge’s remote
Virtual Power Plant (VPP) capabilities (Photo: Business Wire)
The Dynamic Export requirements call for all new solar systems
to allow the network operator to remotely update solar systems’
grid export limits to help maintain grid stability. As part of the
“Smarter Homes Program” for distributed energy, starting in July
2023 SolarEdge’s residential and small commercial systems in South
Australia will be able to respond to network constraint issues
through dynamic control of solar energy exports to the grid. The
benefit to SolarEdge system owners is that for most of the year,
they will be able to export up to six-times more energy back into
the grid, compared to non-compliant sites which will be limited to
small, 1.5kW fixed export power limits.
SolarEdge’s smart inverters achieve this capability without the
complexity and additional costs of adding third-party
controllers.
Zvi Lando, SolarEdge’s CEO, said: “Australia is an early
adopter of renewable energy technologies, with challenging and
complex grid requirements. We are proud to be part of this
milestone pioneered by SA Power Networks and we are excited to help
network operators solving congestion issues to further increase
solar adoption.”
SolarEdge’s full range of residential and commercial solar
inverters are on the Australian Clean Energy Council (CEC) approved
vendor list here.
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, batteries, electric vehicle powertrains, and grid
services solutions. Visit us at: solaredge.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230123005511/en/
SolarEdge Technologies, Inc. Lily Salkin Global Public and Media
Relations Manager Lily.salkin@solaredge.com +972-522028240
Dana Noyman Head of Corporate Communications and Global PR
dana.noyman@solaredge.com +972 54 999 8809
SolarEdge Technologies (NASDAQ:SEDG)
Historical Stock Chart
From Jun 2024 to Jul 2024
SolarEdge Technologies (NASDAQ:SEDG)
Historical Stock Chart
From Jul 2023 to Jul 2024