| 1 ©2015 SolarEdge SolarEdge DC Optimised Inverter System Maximising PV System Performance Eytan Heller, Sales and BD Director July 2015

| 1©2015 SolarEdge

SolarEdge DC Optimised Inverter SystemMaximising PV System Performance

Eytan Heller, Sales and BD DirectorJuly 2015

| 2©SolarEdge

SolarEdge – Proven Results

1.4GW of our systems shipped worldwide5.6M power optimisers and over 245,000 inverters shipped100,000+ monitored systems in 73 countries 39 awarded patents and 136 additional patent applications390 employees and presence in 11 countriesSolarEdge is a publicly traded company on NASDAQ (SEDG)

| 3©SolarEdge

Simon Fry, Sales Manager

Meet the SolarEdge UK Team

Daniel Huber,UK Country Manager

Eytan Heller,Director of UK Sales

& Business Development

Joseph Clarke,Technical Marketing

Nadav Ratzkowsky,UK Support Manager

Tim Painter,Sales Manager

Danya Golan,Marketing Manager

Richard Johnson,Field Service Engineer

Sapir Greenberg,Support Administration

Jason Kirrage,Field Service Engineer

| 4©SolarEdge

3 Inverter Topologies

https://www.youtube.com/watch?v=-Bsq7umcffg

https://www.youtube.com/watch?v=-Bsq7umcffg

| 5©SolarEdge

The SolarEdge System

Each panel is connected to a single power optimiserPower optimisers are electronic chips that maximise energy from each panel individuallyAn inverter converts DC to ACMonitoring portal visualises performance of each panel

Power Optimiser

MonitoringInverter

| 6©SolarEdge

The Solution

By connecting a SolarEdge power optimiser to a PV panel it becomes a smart panel. This allows:

Harvest of up to 25% more energy from each panelConstant feedback on the performance of each panelAutomatic shutdown of each panel for maximum safety in case of emergency

The SolarEdge inverter is simpler and more reliable:

Responsible only for DC to AC conversion, as all other functions are handled separately for each panel by the power optimisersSmall and aesthetic

By displaying real-time performance data, the monitoring portal allows:

Full visibility of your system performanceAutomatic alerts on system issuesEasy access from a computer, smartphone, or tablet

1. Power Optimiser 2. Inverter 3. Monitoring Portal

1. 2. 3.

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SolarEdge on the Roof

| 8©SolarEdge

Why SolarEdge?

ENHANCED SAFETYASSET PROTECTIONREDUCED O&M COSTMORE POWER

| 9©SolarEdge

Up to 25% More Energy From Each Panel

In a PV system each panel has an individual maximum power pointTraditional inverter – weakest panel reduces the performance of all panels SolarEdge – each panel produces the maximum energy. ̶G The weakest panel does not affect the performance of the rest of the system

Traditional Inverters SolarEdge System

Enhanced safetyAsset protectionReduced O&M costMORE POWER

| 10©SolarEdge

What if I don’t have any shading?

Soiling Potential future shading

Leaves

Snow Bird droppings

In a traditional system, any kind of mismatch between panels introduces power losses. SolarEdge power optimisers eliminate these power losses


| 11©SolarEdge

Uneven Panel Aging

Panel performance degrades 20% over 20 yearsHowever, each panel will age at a different rate SolarEdge – each panel is producing the maximum energy without affecting the performance of other panels


| 12©SolarEdge

Added Energy – In All Scenarios

Third party report by LHW Partnership compared power optimiser & string inverter power conversion performanceA total of 20 system scenarios were constructed in PVSyst for SolarEdge and string inverterDomestic and commercial scenarios were tested in different azimuths, roof angles and shading levels (ranging from none to high)“On each and every occasion the yield and performance ratio for systems utilising Solaredge inverters and optimisers exceeded those of the string inverters”


Desktop investigation into comparative Power Optimiser & String Inverter Power Conversion Performance, LHW Partnership, April 2015

| 13©SolarEdge


First year results - in all domestic scenarios and simulations undertaken the system yields and performance ratio were consistently higher for systems utilising SolarEdge ̶GRanging from 1.8% added yield in non-shaded scenario to 4% in

heavy shade



| 14©SolarEdge


SolarEdge showed increased yields at year 20 and cumulative yields over the 20 year lifetime for each domestic simulation



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More Panels on Each Roof

Total project – 8 modules

Traditional inverter design:– Avoiding shaded areas– 1 string of 8 modules


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SolarEdge design:– Modules in shaded areas do not affect unshaded modules– Full roof utilisation– One string only for all 14 modules


+6 modules per project


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Traditional inverter design:– South facing only– 8 modules – ~2.5kW



| 18©SolarEdge


SolarEdge design:̶G Additional 4 modules are possible on east facing roof (same string)̶G Fully utilising the roof capacity


+4 modules per project


| 19©SolarEdge

Cost Saving Maintenance

FREE for life module-level monitoringPinpointed alerts for faster maintenance: “Know before you go”̶G Save cost on truck rolls and on-site diagnosis time̶G Save cost of scaffolding; access with tower / cherry picker̶G Email alerts; threshold defined by installer̶G Installers control the level of system performance visibility

for their customersFleet management; monitor entire install-base through a single portalIncreased uptime

Enhanced safetyAsset protectionREDUCED O&M COST

More power

| 20©SolarEdge

Module-Level Monitoring

Modules are presented on a virtual site mapUnderperforming modules are alerted (orange)


More power

| 21©SolarEdge

Defective Bypass Diode

Bypass diode seems to have short circuited – faulty module shows 2/3 of the voltage

Good modules,with full voltage

Underperforming module, with reduced voltage

Bypass diodefailing


More power

| 22©2015 SolarEdge

Future Compatibility

Account for future costs that can impact the return on investment during system lifetime

Replacement: SolarEdge power optimisers allow modules of different power classes and brands in the same stringExpansion: new power optimisers can be utilised in the same string with older models Low-cost inverter replacement after warranty– 40% less than traditional inverters

Enhanced safetyASSET PROTECTIONReduced O&M costMore power

| 23©SolarEdge

PV Safety

PV systems are safe and pose no danger to people and propertyHowever, as long as the sun is up, PV wires are energised with high DC voltages With traditional inverter, there is no option to shut down the high voltage on the roof

Dangerous DC voltage

ENHANCED SAFETYAsset protectionReduced O&M costMore power

| 24©SolarEdge

SolarEdge – Enhanced Safety

With SolarEdge whenever AC power is off, DC wires are designed to automatically de-energisedSolarEdge power optimisers are designed to automatically shut down the DC voltage in the PV wires to protect installers, maintenance personnel and firefightersSolarEdge meets the most advanced European safety standards

Safe DC voltage

The SolarEdge Safety feature is certified to IEC 60947 as a disconnection means between a PV inverter and a PV generator, and to VDE 2100 for safety in cases of firefighting or maintenance.

ENHANCED SAFETYAsset protectionReduced O&M costMore power


Maximise Self-Consumption


Storage

Store unused PV power in a battery and use it when needed in order to maximise self-consumption

Excess energy

Supply Energy from storage battery

Consume PV energy


StorEdge™ Solution

Maximizing Self-Consumption Single DC optimized inverter for battery management and on-grid PVCompatible with Tesla battery Existing SolarEdge systems can be upgraded with the StorEdge™ solution


Upgrade to StorEdge™

SolarEdge inverters from 2013 can be upgraded to support StorEdge™Upgrade will include:– Installing Tesla battery pack– Installing a StorEdge™ interface – Installing a meter – Inverter firmware upgrade*

* Hardware adjustments may be required in some models


Disclaimer

Cautionary Note Regarding Market Data This presentation contains market data from certain third-party sources. This information is based on industry surveys and the preparer’s expertise in the industry and there can be no assurance that any such market data is accurate or that any such industry forecasts will be achieved. Although we have not independently verified the accuracy of such market data and industry forecasts, we believe that the market data is reliable and that the industry forecasts are reasonable.


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| 1 ©2015 SolarEdge SolarEdge DC Optimised Inverter System Maximising PV System Performance Eytan Heller, Sales and BD Director July 2015