SolarEdge Unveils Commercial Storage System at Intersolar 2023
June 14 2023 - 10:01AM
Business Wire
SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a
global leader in smart energy, today unveiled its Commercial
Storage System (CSS) at Intersolar Europe, expected to be
commercially available in the second half of 2024.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230614743578/en/
SolarEdge's DC-coupled battery for
commercial solar installations (Photo: SolarEdge)
Designed for small to medium commercial PV installations, the
highly efficient DC-coupled CSS provides 58kWh of battery capacity
and is suitable for indoor use. Able to connect up to eight
batteries per inverter, it will deliver up to 460kWh of storage
capacity and offer the ability to synchronize solar battery and
site-level energy management.
The DC-Coupled battery architecture eliminates the
‘triple-conversion penalty’, with two less AC-to-DC power
conversions compared to AC-coupled alternatives, delivering
industry-leading round-trip efficiency and higher PV oversizing.
Designed to integrate with SolarEdge’s Energy Management ecosystem,
system owners will be able to further reduce payback periods by
utilizing more stored energy for peak shaving, leveraging higher PV
self-consumption, and capitalizing on Time-of-Use rates, grid
services1 and support for EV charging.
The lightweight, compact, and modular architecture is designed
for ease of transportation, installation and can be handled by a
two-person team. In addition, it will also provide small and
medium-sized enterprises with the flexibility to scale-up their
storage capacity by adding more batteries, as their needs
evolve.
The battery will feature SolarEdge’s multi-layered suite of
embedded safety features which includes arc detection and is
expected to be certified for UL 9540A for indoor use.
Visit SolarEdge at Intersolar: Hall B4, Stand 110
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 maximise 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. SolarEdge is online at solaredge.com
1 Region specific. Rules and regulations vary across the EU
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230614743578/en/
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, Head of Corporate Communications and Global PR|
dana.noyman@solaredge.com
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