SolarEdge’s innovative technology enables climate action
4 min read 31 Mar 22
SolarEdge is a leading developer of inverter technology for solar panels. It offers an efficient solution for converting direct electric current from photovoltaic (PV) panels to the alternating current we use. The company’s inverters maximise power generation from solar panels, and so lower the cost of energy produced for businesses and households.
Why do we invest?
SolarEdge has transformed how efficiently energy can be produced from PV systems. Its technology is patent-protected, giving it a competitive advantage. The company has grown to become one of the world’s largest producers of PV inverters, with over 40% share of the US residential market. By enabling its customers to reduce their environmental impact cost-effectively, SolarEdge is well positioned to meet growing demand for renewable energy.
What is their impact?
SolarEdge’s inverter technology enables others to deliver climate action. More efficient photovoltaic systems make solar energy a more competitive source of electricity generation, reducing demand for polluting alternatives. This not only saves carbon emissions, but also money for the company’s customers.
By enabling zero-carbon electricity to be harvested more efficiently from the sun, SolarEdge contributes to the achievement of UN Sustainable Development Goal 7 – affordable and clean energy for all.