Our Future Is Bright
Solar power installations have become a popular and profitable investment, with low operating and maintenance costs and of course, zero fuel costs.
To help ensure a favorable long-term return on investment, Feed-in Tariffs (FITs) guarantee above-market rates from solar energy sold to the grid. And Power Purchase Agreements (PPA) enable investors to create a solar system on a third-party property, benefit from government incentives, and sell the power at a fixed rate lower than the local utility. Government organizations such as PURPA in the US require that utilities purchase a percentage of their power from renewable sources.
There are several factors why a SolarEdge smart energy system is a perfect candidate for your next investment.
Founded in 2006, SolarEdge is the world’s #1 inverter company* with more than 21GW of systems shipped in more than 130 countries across 5 continents. No matter what kind of PV system you want to install, SolarEdge has proven its advantages in different applications including rooftops, floating, ground mount and carports.
Most importantly, we provide more of the product you are going to sell – power. Our Power Optimizers increase energy output by constantly tracking the maximum power point (MPPT) of each solar module individually to increase system performance and maximize revenue for faster ROI. Also, this module-level power optimization combined with our superior design flexibility enables more modules to be installed on the roof for increased system capacity.
Compare this with traditional PV systems where there are energy losses due to mismatches between modules caused by soiling, clouds, bird droppings, shading etc. In this scenario, weaker solar modules affect the performance of the other modules in the same module string, decreasing the energy production of the entire system.
Once your system is up and running, you get full visibility of your energy production using our free remote monitoring platform, accessible from your smart device or PC. This also facilitates operation and maintenance by providing system alerts with pinpoint accuracy, allowing many issues to be resolved remotely.
*In terms of revenue, according to IHS PV Inverter Market tracker 2015-20.
More Energy Over the System Lifetime
In a PV system with no shading issues, SolarEdge can typically add ~2%-5% more energy in the system’s first year by limiting losses due to manufacturing tolerance mismatch, soiling, and more. Uneven module degradation also accounts for significant module mismatch, with SolarEdge typically adding ~5%-10% more energy by mitigating this mismatch over the project lifetime. This translates to an average addition of ~4-6c/Wp revenue over the system lifetime and faster solar ROI.
SolarEdge technology, safety, monitoring, and customer support have completely satisfied our clients, including HEB Mexico. Their MPPT technology has helped enhance overall energy production, while their support portal has been invaluable for quickly validating warranties remotely and getting technical assistance in real time.
We install hundreds of commercial systems every year, and our go-to for inverters is SolarEdge. They provide an effective, user-friendly monitoring platform for our clients, and their Power Optimizers are able to optimize the production of each panel allowing us to easily pinpoint underperforming panels for fast replacement. Also, their Safe DC technology allows us to meet all NEC code requirements through their rapid shutdown capabilities. We will continue to recommend SolarEdge solutions to our commercial customers.
Cedar Creek Energy
De Krim Resort invested in a solar PV system to be environmentally friendly and generate our own electricity. Thanks to asset reuse, high performance, and a positive impact on water quality, the floating installation is expected to far exceed the estimated return on our investment.
De Krim Resort