SolarEdge Launches Next Generation PV Power Optimizer / The power optimizers will be presented for the first time at the trade fair Intersolar Europe in June

Hod Hasharon, Israel (ots) - SolarEdge Technologies announced
today that it will introduce its next generation power optimizer
featuring the new "IndOP" technology. Unlike other power optimizers
on the market, the new SolarEdge power optimizer can be installed
without the need for additional interface hardware and can operate
directly with any inverter. This patent pending technology removes
interface hardware as an obstacle to the widespread installation of
power optimizers. Therefore, a significant increase in the total
available market is expected. SolarEdge will present the new product
to the public for the first time during the world's largest solar
energy trade fair, Intersolar Europe in Munich, Germany, in June.

"To date, we have brought to the market over one million power
optimizers. With our new generation power optimizer, we are taking
the next step towards power optimization becoming mainstream in solar
PV arrays. We also succeeded in reducing the number of parts compared
to previous models by 50%, which allowed us to design a much smaller
product with increased durability and efficiency," said Lior
Handelsman, Vice President Product Strategy and Business Development.
"IndOP makes it much easier to introduce smart modules with
integrated SolarEdge technology into the market and even old PV
arrays may now be upgraded more easily with our power optimizers,
minimizing power losses due to uneven degradation and increasing
mismatches."

Highest known efficiency and easier installation

The new SolarEdge power optimizer offers the highest known peak
efficiency in the industry of 99.5% and 98.9% weighted efficiency. It
creates higher yields in both shaded and unshaded scenarios and can
adjust the current of each PV module individually eliminating any
form of mismatch. It is also certified in the IP68 protection class,
providing excellent protection against water and dust. The new power
optimizers are also equipped with a new mounting bracket that allows
for a considerably shorter installation time.

Additional benefits

The new power optimizers will provide all of the known SolarEdge
benefits. These include: ease of site design and installation,
reduction of balance of system costs, increased safety and
module-level PV monitoring. SolarEdge power optimizers can also be
installed with a broad range of SolarEdge PV inverters especially
suitable to work with the company's power optimizers.

SolarEdge at Intersolar Europe

SolarEdge will be presenting its expanded product portfolio and
services from June 13-15 at the trade fair Intersolar Europe in Hall
C3 at Stand 110. Lior Handelsman, Vice President Product Strategy and
Business Development, will be presenting the SolarEdge next
generation power optimizer, which has been nominated for the
Intersolar Innovation Award, in the Innovation Exchange in Hall B3,
Stand 450 on each day of the trade fair at 11:30 a.m. On June 13 at
14:00, SolarEdge cordially invites all journalists to a press
conference.

About SolarEdge Technologies

SolarEdge Technologies provides end-to-end distributed solar power
optimization and PV monitoring solutions, allowing maximum energy
production for faster ROI. The SolarEdge power optimizers perform
MPPT per individual module while monitoring the performance of each
module. The high efficiency SolarEdge solar inverter is tailor-made
to work with power optimizers. The SolarEdge system provides optimal
power, flexible design and full roof utilization. Module-level
electronics enable enhanced maintenance and increased system safety
with the unique SafeDC(TM) mechanism. SolarEdge is online at
www.solaredge.com

Press Contact:
SolarEdge Technologies
Hadas Rozen
Tel. +972 54 5422711
Hadas.rozen@solaredge.com