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Hertzlia, Israel and Madrid, Spain—September 22, 2009—As a result of intense technological collaboration, Isofotón and SolarEdge today announced a joint partnership agreement for the development of an integrated power harvesting solution that will maximize power generation throughout the solar lifecycle while dramatically reducing complexities and costs.

In tandem, Isofotón and SolarEdge have signed a joint customer agreement with the French company Blue Ice. A first-of-its-size installation in France, Blue Ice headquarters will soon feature a 250 kilowatt PV system on its roof based on SolarEdge’s power harvesting solution. The installation will include 48 SolarEdge 5 kilowatt inverters and 1,137 Isofotón 220 watt mono crystalline modules equipped with SolarEdge PowerBoxs (ASIC-equipped, smart junction boxes)--all pre-assembled by Isofotón prior to delivery on site, another first-of-its-kind.

“Isofotón welcomes this strategic agreement with Solaredge, who has proven to be a reliable and committed partner,” said Livinio Stuyck, Commercial Director at Isofoton. “Our partnership reflects the intensive quest by both companies to create more efficient and cost-effective PV systems. The combination of SolarEdge and Isofoton technologies will significantly enhance the energy output of our joint systems. Customer response has been immediate, demonstrating the viability and effectiveness of this collaboration.”

To achieve optimal power yield while reducing common PV system installation and maintenance challenges, Isofotón and SolarEdge have been conducting rigorous testing and design of the joint product at Isofotón testing and manufacturing sites in Spain. The companies aim to increase energy output by up to 25%.

“We are extremely honored to work with a leading industry player such as Isofotón,” said Guy Sella, chairman, CEO and Co-founder of SolarEdge. “By joining forces and addressing the problems that the industry has traditionally endured, from lost energy and high complexity to safety and cost, we are exited to deliver a joint product that will lead the way for a new generation of PV systems.”

About Isofotón
Isofotón is a leading company in Europe in the design, manufacture and supply of solar energy solutions. Isofotón contributes to sustainable development and it is focuses on three technologies: PV, Thermal and Low Temperature High Concentration Photovoltaics. Besides being the leader of the Spanish industry as a manufacturer of solar modules and photovoltaic cells, Isofotón is present in Italy, USA, Bolivia, Ecuador, Dominican Republic, Algeria, Morocco and Senegal.

About SolarEdge
SolarEdge is a provider of smart, holistic PV power harvesting and monitoring solutions for maximum energy at a lower cost per watt. The company works with industry-leading partners to embed its active electronic solution directly into PV panels. Unlike centralized architectures that cannot optimize the power of each panel, only SolarEdge performs MPPT per panel while communicating across existing power lines for granular visibility and control. As a result, the SolarEdge systemic approach provides more power from any given installation, eliminates design constraints, provides complete visibility, solves all safety issues and provides anti-theft, all while reducing the cost of energy. SolarEdge is online at www.solaredge.com.