Solaredge Technologies, Inc. · NASDAQ:SEDG
Solaredge Technologies — Investor Presentation (2014)
20 slides from Solaredge Technologies's investor presentation, Aug 16, 2014
Slide 1: SolarEdge Company Introduction 2014
SolarEdge Distributed Solar Power Harvesting Systems Company Introduction 2014 ©2014 SolarEdge
Slide 2: SolarEdge Vision
SolarEdge Vision To be the leading provider of module-level electronics for the PV industry To accelerate the pace toward grid parity and make clean energy affordable and widespread ©2014 SolarEdge |2
Slide 3: SolarEdge at a Glance
SolarEdge at a Glance Established the DC power optimizer segment and leads it with a market share of over 70% Over 4,000,000 power optimizers shipped to over 50 countries More than 150,000 inverters shipped Quarterly run rate above 140MW Utility, commercial and residential solutions Strategic partne
Slide 4: Global Sales & Distribution
Global Sales & Distribution Sales through leading integrators and distributors in over 60 countries Local SolarEdge presence in 11 countries Distribution 2013 worldwide Sales & Support Subsidiaries distribution of sales Production APAC ROW and fulfillment 6% 6% North America EU 39% 48% ©2014 SolarEd
Slide 5: High Quality Manufacturing
High Quality Manufacturing Low CAPEX model: Manufacturing with two global EMS (Flextronics and Jabil) Efficient manufacturing model: building infrastructure to produce closer to target markets Automated production lines: first to build full automatic assembly lines for solar electronics hardwa
Slide 6: The Problem
The Problem ©2014 SolarEdge |6
Slide 7: Traditional Systems Inherent Problems
Traditional Systems Inherent Problems Energy Loss System Drawbacks Module mismatch (3-5% loss) No module level monitoring Partial shading (2-25% loss) Limited roof utilization Dynamic MPPT loss (3-10% loss) Safety hazards SolarEdge solution overcomes all energy losses providing up to 25% more energy
Slide 8: String-Level MPPT
String-Level MPPT The speed is limited by the performance of the weakest rider… ©2014 SolarEdge |8
Slide 9: Module-Level MPPT
Module-Level MPPT With personal transmission gear, each rider can maximize individual potential, so the bicycle travels faster! ©2014 SolarEdge |9
Slide 10: Solution Overview & Benefits
Solution Overview & Benefits ©2014 SolarEdge | 10
Slide 11: SolarEdge System Overview
SolarEdge System Overview Module level optimization Module level monitoring Fixed voltage – flexible design Enhanced safety solution Power Optimizer Inverter Module embedded Module add-on Monitoring Portal and Server ©2014 SolarEdge | 11
Slide 12: SolarEdge Power Optimizers
SolarEdge Power Optimizers Per-module Maximum Power Point Tracking (MPPT) 99.5% maximum efficiency, 98.8% weighted efficiency Advanced, real-time performance measurement Automatic module shut-down for installer and firefighter safety Embedded by module manufacturers, or connected by installers to c-
Slide 13: Fixed String Voltage
Fixed String Voltage String voltage is always fixed, regardless of temperature and of string length Constraint free design Longer strings: reduces wiring & BoS components Flexible design for maximum roof utilization: ̶ Parallel strings of unequal lengths ̶ Modules on multiple roof facets ̶ Modules w
Slide 14: Unique Safety Solution
Unique Safety Solution Electrocution prevention & fire safety ̶ SafeDC™: automatic module DC shutdown when inverter is not operating ̶ Module and inverter thermal shutdown ̶ Electric arcs are prevented The result: ̶ Higher security for installers, maintenance teams & firefighters ̶ Improved asset pr
Slide 15: SolarEdge Inverters
SolarEdge Inverters Inverters specifically designed for power optimizers fixed string voltage 98% maximum efficiency Fixed string voltage Single stage inverter (no need to boost DC voltage) Simpler design Highest reliability at minimal cost Built-in communication hardware Single phase inverters Th
Slide 16: Module-Level Monitoring
Module- Level Monitoring Module-level monitoring allows to monitor the performance of modules, strings and inverters ̶ In traditional systems only inverter level can be monitored ̶ Pinpointing of the exact location of a module, allowing time- effective maintenance ̶ Installers can use module-monitor
Slide 17: System Overview
System Overview 300W-500W Module add-on 600W-700W Module add-on 300W Module embedded for commercial installations Power Optimizers P-2 Series P-5 Series P-2 Series P-5 Series 1-phase 3-phase 2.2 kW 4kW* 10kW 3kW 5kW 12.5kW Single & Three 3.5kW 7kW 15kW 4kW 8kW Phase Inverters 5kW 9kW 6kW * Available
Slide 18: System Overview
System Overview Monitoring Portal Monitoring Apps Safety & Monitoring interface Monitoring Control & Communication ZigBee wireless Firefighter Gateway Gateway connectivity Communication & Safety Accessories Site designer Site mapper SolarEdge key Installer Tools ©2013 SolarEdge | 18
Slide 19: Value Proposition Summary
Value Proposition Summary The only commercially available solution to deliver all following benefits, while reducing the cost of energy Maximum energy gain Ground mounted system: 2-5%, commercial 2-10%, residential 2-25% Constraint-free site design Optimal site space utilization at reduced cost Real
Slide 20: Thank you
Thank you Email info@solaredge.com Websites www.solaredge.com Twitter www.twitter.com/SolarEdgePV www.solaredge.us Blog www.solaredge.com/blog www.solaredge.de www.solaredge.jp www.solaredge.fr www.solaredge.it ©2014 SolarEdge | 20