SOLAREDGE FÜHRT SEIN PV-ENERGIEGEWINNUNGSSYSTEM AUF DEM ITALIENISCHEN MARKT EIN, IN ZUSAMMENARBEIT MIT ALBATECH

- Die beiden Firmen werden das innovative System auf der SolarExpo 2010 in Verona vorstellen -

Hod Hasharon, Israel and Reggio Emilia, Italy – May 3rd, 2010 - SolarEdge Technologies, a provider of Distributed Solar Power Harvesting and PV monitoring solutions, is expanding its activity to Italy announcing a partnership with Albatech S.r.l, a leading Italian distributor of quality solar products and supplier of solutions for turn-key photovoltaic plants.

The SolarEdge power harvesting solution includes PowerBoxes, which are module-integrated power optimizers, multi-string solar inverter and a monitoring portal. This unique end-to-end solution enables production of up to 25% more energy from PV installation, while reducing costs and complexities.

The Italian PV market is the second largest PV market in Europe, exhibiting a double-digit growth rate in the last few years. The market is diversified and includes roof-top, commercial and large-scale PV installations. The SolarEdge solution allows Installers and system owners of all system types to benefit from constraint-free design, real-time module-level monitoring, improved maintenance at reduced cost, optimal site-area utilization, theft prevention mechanisms, enhanced safety and extraordinary reliability, which all contribute to faster return on investment.

“As a MetaSystem Group company, a technology-oriented group with extensive experience in power electronics, we found SolarEdge to be a natural partner, providing a smart solution based on a unique technology that enables maximum energy throughput along with numerous other benefits.“, said Raffaele Salutari, Sales and Marketing Director of Albatech Srl. Albatech already placed orders and began taking deliveries for several mega-watts of SolarEdge systems.  

“We see great potential in the Italian market” said Zvi Lando, VP Global Sales of SolarEdge “we believe that AlbaTech, with its vast experience and nation-wide network of sales and support, is the best partner for establishing our operations in this market”

The SolarEdge solution will be demonstrated at the Albatech booth in SolarExpo 2010 exhibition in Verona, 5-7 May, 2010. The booth is located in hall 4, stand E 3.1.

For more information about Albatech, visit www.albatech.com. For more information about SolarEdge, visit www.solaredge.com.

About Albatech

Albatech S.r.l. is a MetaSystem Group Company active in the photovoltaic industry, specializing in the distribution of quality solar products and in the supply of complete solutions for  turn-key photovoltaic plants. Founded in 2007 by a team of experienced managers, Albatech provides a complete solution for all PV market segments: residential, business and large plants for public and private investors. The company operates as a supplier of quality solar products and consulting services to specialized installers, system integrators, specifiers and other partners operating in the industry, as well as general contractor for medium-size and large-size turn-key PV plants. Thanks to the integration of Albatech competences and professionalism with those of its partners, Albatech is able to build quality PV plants, reliable and efficient, able to maximize the Energy yield and the return on investment. Headquartered in Reggio Emilia, Albatech operates throughout Italy thanks to its operations centers and a network of qualified partners. For further information, please visit: www.albatech.com

About SolarEdge

SolarEdge provides the world's first end-to-end Distributed Solar Power Harvesting and PV Monitoring solution, allowing maximum energy production at a lower cost. The SolarEdge PowerBoxes™ are DC-DC power optimizers that perform MPPT per individual panel while monitoring performance of each panel and communicating across existing power lines. Moreover, PowerBoxes always maintain a fixed DC string voltage, allowing optimal efficiency of the SolarEdge multi-string PV inverter, which is tailor made to work with power optimizers. As a result, the SolarEdge system provides more power from any given PV system installation, eliminates design constraints, provides complete panel-level and whole-system visibility for monitoring and maintenance alerts, solves all safety hazards and provides anti-theft mechanisms, all while reducing the cost of energy. The company works with industry-leading partners to embed its active electronics directly into PV panels. SolarEdge is online at www.solaredge.com

Press Contacts: 
Antonella Basile

Head of Communications

MetaSystem Group

+39 335 7698072

antonella.basile@metasystem.it 

Yael Eldar
SolarEdge
 +972-54-4419940
yael.e@solaredge.com

All brand names and product names are trademarks or registered trademarks of their respective companies.