SolarEdge Technologies has announced the introduction of its new HD-Wave inverter technology based on a novel power conversion topology the company describes as one of the most significant leaps in solar technology in the past 20 years.
Inverters convert solar power into usable energy and are measured by size, efficiency and reliability. Unfortunately, the large size of magnetics and cooling components have significantly limited any reduction in the space occupied by inverters. However, SolarEdge has now developed a technology that will dramatically reduce the size of inverter magnetics using advanced digital processing, while also increasing reliability and optimising the performance of solar energy systems to 99 percent efficiency and beyond, thereby providing more solar power at lower cost.
“Continued technological progress is required to make solar energy more competitive with fossil fuels” said Guy Sella, CEO and Chairman of SolarEdge, “and inverters are the key component for accelerating the adoption of solar technology. We believe that our new HD-Wave technology is a significant milestone in the development of solar and further positions SolarEdge as a leader in a thriving industry.”
The solar inverter market is currently estimated at nearly $7 billion in 2015, with SolarEdge being one of the fastest-growing companies in the sector. According to Lior Handelsman, VP Marketing and Product Strategy of SolarEdge, HD-Wave represents a significant milestone for solar inverter technology, akin to the transition from large glass tube TVs to the flat-screen.
The company’s first inverters powered by HD-Wave will become available from December 2015, the first of which will be unveiled at the Solar Power International exhibition and conference in Anaheim, California, September 14-17.
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