Press release
SolarEdge Unveils Commercial Storage System at Intersolar 2023
MUNICH & MILPITAS, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, today unveiled its
About this update from Solaredge Technologies, Inc.
[{"type":"text","content":" MUNICH & MILPITAS, Calif.--(BUSINESS WIRE)--\nSolarEdge 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.\n\nThis 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)\nDesigned 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.\n\n\nThe 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.\n\n\nThe 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.\n\n\nThe 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.\n\n\nVisit SolarEdge at Intersolar: Hall B4, Stand 110\n\n\nAbout SolarEdge\n\n\nSolarEdge 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 inv...