| 2©SolarEdge
Established Global Reach
212 direct customers 11,950 installers
Presence in 13 countries
Systems installed in 91 countries
Regional Service Centers
| 3©SolarEdge
Proven Results
Established in 2006
Publicly traded on NASDQ (SEDG)
Invented the DC optimised inverter solution
2.9GW of our systems shipped, 230,000 monitored systems around the world
Over 11M power optimisers and over 450,000 inverters shipped
69 awarded patents and 107 additional patent applications
>550 employees and presence in 13 countries
FY 2015: $325.1M Revenue , 71.8% Y-o-Y Growth , $21.1M Profit
| 5©SolarEdge
Self-Consumption
A storage system is set up to maximise the amount of solar energy used by the homeowner to enable energy independence
Unused PV power is stored in a battery and used when needed
Excess energy
Supply energy from storage battery
Consume PV energy
| 6©SolarEdge
Maximising Self-Consumption
5kW System on April 8, 2016 (before battery installation)
Total produced energy
21.37 kWh
Total purchased energy
13.57 kWh
Total consumed energy
20.61 kWh
Self-consumption level
33%
0 k
1 k
2 k
3 k
4 k
5 k
0:00 4:00 8:00 12:00 16:00 20:00
Consumption Production Self Consumption
When there is no PV, all consumed energy is purchased from the grid
During the day, PV powers the house, less energy is purchased
* Based on a SolarEdge 5kW PV system installed at a residence in Australia
| 7©SolarEdge
Maximising Self-Consumption
* Based on a SolarEdge 5kW PV system installed at a residence in Australia
Total produced energy
25.41 kWh
Total purchased energy
3.17 kWh
Total consumed energy
21.53 kWh
Calculated self-consumption
level
72.3%
0 k
1 k
2 k
3 k
4 k
5 k
0:00 4:00 8:00 12:00 16:00 20:00
Consumption Production Self Consumption
When there is no PV, the battery is discharged; less energy is purchased
During the day, PV powers the house and charges the battery
5kW System on April 15, 2016 (assuming 6.4kWh battery installation)
| 8©SolarEdge
Backup Power
Charge battery from PV system
Grid is on
Daytime: Important loads are powered by the PV system & battery
Nighttime: Important loads are powered by the battery
No Grid Electricity
During long power outages, the battery can be charged by the PV system
| 9©SolarEdge
DC vs AC Coupled Storage
DC coupled battery solution allows high system efficiency
PV System with AC-Coupled Storage PV System with DC-Coupled Storage
VS. Battery & PV Inverter
DC AC
Only one conversion is needed
Three conversions are required
| 11©SolarEdge
Solution Components
SolarEdge Single Phase Inverter
SolarEdge Modbus Meter
StorEdge Interface Tesla Powerwall Home Battery
The SolarEdge inverter manages battery and
system energy, in addition to its functionality as a DC
PV inverter
For production / consumption readings
Meter is required for self-consumption
management
Allows connection of the Tesla Powerwall Home Battery to a SolarEdge inverter
(not including backup functionality)
6.4kWh, ideal for maximising self-consumption
High-voltage, high-efficiency DC coupled battery
StorEdge
| 12©SolarEdge
StorEdge Solution with Backup Power
Automatically provides backup power in case of grid interruption for backed-up loads, in addition to maximisingself-consumption
Single StorEdge backup inverter for battery management and PV
Full system visibility including battery charge level
Compatible with the Tesla Powerwall
Not an off-grid solution
Available NOW
| 13©SolarEdge
Solution Components
SolarEdge Single Phase StorEdge Inverter with
Backup
SolarEdge Modbus Meter
Tesla Powerwall Home Battery
The StorEdge inverter manages battery, system energy and
backup power, in addition to its functionality as a DC PV inverter
For production / consumption readings
Meter is not required for a backup-only solution
6.4kWh, ideal for maximising self-consumption and powering backed up loads
High-voltage, high-efficiency DC coupled battery
StorEdge with Backup Power
| 18©SolarEdge
The SolarEdge Innovative Solution
Enhanced Safety SolutionsHigher Power Yield
Fixed VoltageInverter
Cloud-Based Monitoring
Platform
Power Optimiser
Safe DC
Design Flexibility Lower O&M Cost, Efficient Monitoring
| 20©SolarEdge
PV Asset Management
Protect your asset with full visibility into system performance & remote troubleshooting for reduced O&M costs
Monitoring at the module level – free for lifetime
Fault detection pinpointed on a virtual site map
Automatic alerts on system issues
| 22©SolarEdge
Coming Soon from SolarEdge
MAKING PV SYSTEM MONITORING EVEN EASIER
1-Ph SolarEdge inverters with a built-in GSM modem
Reduce your installation time and save costs
No onsite Internet infrastructure needed
Inverter data connection works out-of-the-box
3G data package may also be purchased from SolarEdge
GSM Modem
| 24©SolarEdge
Inverter’s Significance
Inverters account for only ~10% of the system cost but:
Inverters influence ~30% of system cost
Inverters manage 100% of system production
Inverters control O&M expenses through PV asset management solutions
The SolarEdge DC optimised inverter solution offers attractive LCOE solutions for a system’s lifetime by maximising energy and reducing costs
10%
9%
19%
27%
9%
3%
23%
U.S. Commercial Rooftop PV Breakdown, 2013
EBOS
Inverter
Labor
Module
Structure
SBOS
Soft Costs
10%
9%
19%
27%
9%
3%
23%
U.S. Commercial Rooftop PV Breakdown, 2013
EBOS
Inverter
Labor
Module
Structure
SBOS
Soft Costs
10%
9%
19%
27%
9%
3%
23%
U.S. Commercial Rooftop PV Breakdown, 2013
EBOS
Inverter
Labor
Module
Structure
SBOS
Soft Costs
| 25©SolarEdge
SolarEdge Solution
Inverter
Cloud-based monitoring portal
Power optimiser
Smart Module with Power Optimiser
10kW, 12.5kW, 15kW, 16kW, 17kW,
25kW, 27.6kW
| 26©SolarEdge
More Energy by Design
Power optimisers enable installation of:
Modules in partially shaded areas
Strings of uneven lengths
Strings in multiple orientations and different roof facets
Traditional inverter: 149.5 kW DC
SolarEdge: 200 kW DC34% added power
More Modules on the Roof
More Power & Revenue
| 27©SolarEdge
More Energy in Commercial Systems
Location: Forster Bowling Club, NSW
Size: 100 kW
Installation date: September, 2014
Modules: 400 x Trina TSM‐250PC05A
Inverters:
SolarEdge: 6 x SE17K with 200 x OP600 power optimisers
The SolarEdge system outperformed the PVSyst estimate of 145.1 MWh/yr by reaching 170 MWh/yr in 2014.
This was an increase of 17% over the PVSyst estimate
| 28©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 string
Expansion: New power optimisers can be utilised in the same string with older models
Battery Ready
| 30©SolarEdge
Websites
www.solaredge.comwww.solaredge.uswww.solaredge.dewww.solaredge.jpwww.solaredge.frwww.solaredge.it
Thank youCautionary Note Regarding Market Data and Industry ForecastsThis power point presentation contains market data and industry forecasts from certain third -party sources. This information is based on industry surveys and the preparer’s expert ise in the industry and there can be no assurance that any such market data is accurate or that any such ind ustry forecasts wil l be achieved. Although we have not independent ly ver if ied the accuracy of such market data and industry forecasts , we believe that the market data is r el iable and that the industry forecasts are reasonable.
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