©SolarEdge

SOLAREDGE’SSTOREDGE™ SOLUTION

Michael RushCountry ManagerAustralia & New Zealand

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Established Global Reach

212 direct customers 11,950 installers

Presence in 13 countries

Systems installed in 91 countries

Regional Service Centers

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Proven Results

Established in 2006

Publicly traded on NASDQ (SEDG)

Invented the DC optimised inverter solution

2.9GW of our systems shipped, 230,000 monitored systems around the world

Over 11M power optimisers and over 450,000 inverters shipped

69 awarded patents and 107 additional patent applications

>550 employees and presence in 13 countries

FY 2015: $325.1M Revenue , 71.8% Y-o-Y Growth , $21.1M Profit

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StorEdge™ - SolarEdge Battery Storage Solution

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Self-Consumption

A storage system is set up to maximise the amount of solar energy used by the homeowner to enable energy independence

Unused PV power is stored in a battery and used when needed

Excess energy

Supply energy from storage battery

Consume PV energy

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Maximising Self-Consumption

5kW System on April 8, 2016 (before battery installation)

Total produced energy

21.37 kWh

Total purchased energy

13.57 kWh

Total consumed energy

20.61 kWh

Self-consumption level

33%

0 k

1 k

2 k

3 k

4 k

5 k

0:00 4:00 8:00 12:00 16:00 20:00

Consumption Production Self Consumption

When there is no PV, all consumed energy is purchased from the grid

During the day, PV powers the house, less energy is purchased

* Based on a SolarEdge 5kW PV system installed at a residence in Australia

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Maximising Self-Consumption

* Based on a SolarEdge 5kW PV system installed at a residence in Australia

Total produced energy

25.41 kWh

Total purchased energy

3.17 kWh

Total consumed energy

21.53 kWh

Calculated self-consumption

level

72.3%

0 k

1 k

2 k

3 k

4 k

5 k

0:00 4:00 8:00 12:00 16:00 20:00

Consumption Production Self Consumption

When there is no PV, the battery is discharged; less energy is purchased

During the day, PV powers the house and charges the battery

5kW System on April 15, 2016 (assuming 6.4kWh battery installation)

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Backup Power

Charge battery from PV system

Grid is on

Daytime: Important loads are powered by the PV system & battery

Nighttime: Important loads are powered by the battery

No Grid Electricity

During long power outages, the battery can be charged by the PV system

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DC vs AC Coupled Storage

DC coupled battery solution allows high system efficiency

PV System with AC-Coupled Storage PV System with DC-Coupled Storage

VS. Battery & PV Inverter

DC AC

Only one conversion is needed

Three conversions are required

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StorEdge Solution

Grid

RS485

ACDCPower Supply

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Solution Components

SolarEdge Single Phase Inverter

SolarEdge Modbus Meter

StorEdge Interface Tesla Powerwall Home Battery

The SolarEdge inverter manages battery and

system energy, in addition to its functionality as a DC

PV inverter

For production / consumption readings

Meter is required for self-consumption

management

Allows connection of the Tesla Powerwall Home Battery to a SolarEdge inverter

(not including backup functionality)

6.4kWh, ideal for maximising self-consumption

High-voltage, high-efficiency DC coupled battery

StorEdge

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StorEdge Solution with Backup Power

Automatically provides backup power in case of grid interruption for backed-up loads, in addition to maximisingself-consumption

Single StorEdge backup inverter for battery management and PV

Full system visibility including battery charge level

Compatible with the Tesla Powerwall

Not an off-grid solution

Available NOW

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Solution Components

SolarEdge Single Phase StorEdge Inverter with

Backup

SolarEdge Modbus Meter

Tesla Powerwall Home Battery

The StorEdge inverter manages battery, system energy and

backup power, in addition to its functionality as a DC PV inverter

For production / consumption readings

Meter is not required for a backup-only solution

6.4kWh, ideal for maximising self-consumption and powering backed up loads

High-voltage, high-efficiency DC coupled battery

StorEdge with Backup Power

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StorEdge Benefits

1MOREEnergy

2SIMPLE

Installation

3Enhanced

SAFETY

4Full

VISIBILITY

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Full Visibility

Monitor the battery status, PV production and self-consumption data

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Full Visibility

Smarter energy consumption to reduce electricity bills

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Flexible Design & High Power

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The SolarEdge Innovative Solution

Enhanced Safety SolutionsHigher Power Yield

Fixed VoltageInverter

Cloud-Based Monitoring

Platform

Power Optimiser

Safe DC

Design Flexibility Lower O&M Cost, Efficient Monitoring

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Cloud Monitoring with Storage

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PV Asset Management

Protect your asset with full visibility into system performance & remote troubleshooting for reduced O&M costs

Monitoring at the module level – free for lifetime

Fault detection pinpointed on a virtual site map

Automatic alerts on system issues

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CommunicationsWifi | Ethernet | What’s Next?

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Coming Soon from SolarEdge

MAKING PV SYSTEM MONITORING EVEN EASIER

1-Ph SolarEdge inverters with a built-in GSM modem

Reduce your installation time and save costs

No onsite Internet infrastructure needed

Inverter data connection works out-of-the-box

3G data package may also be purchased from SolarEdge

GSM Modem

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SolarEdge – Commercial Edge

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Inverter’s Significance

Inverters account for only ~10% of the system cost but:

Inverters influence ~30% of system cost

Inverters manage 100% of system production

Inverters control O&M expenses through PV asset management solutions

The SolarEdge DC optimised inverter solution offers attractive LCOE solutions for a system’s lifetime by maximising energy and reducing costs

10%

9%

19%

27%

9%

3%

23%

U.S. Commercial Rooftop PV Breakdown, 2013

EBOS

Inverter

Labor

Module

Structure

SBOS

Soft Costs

10%

9%

19%

27%

9%

3%

23%

U.S. Commercial Rooftop PV Breakdown, 2013

EBOS

Inverter

Labor

Module

Structure

SBOS

Soft Costs

10%

9%

19%

27%

9%

3%

23%

U.S. Commercial Rooftop PV Breakdown, 2013

EBOS

Inverter

Labor

Module

Structure

SBOS

Soft Costs

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SolarEdge Solution

Inverter

Cloud-based monitoring portal

Power optimiser

Smart Module with Power Optimiser

10kW, 12.5kW, 15kW, 16kW, 17kW,

25kW, 27.6kW

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More Energy by Design

Power optimisers enable installation of:

Modules in partially shaded areas

Strings of uneven lengths

Strings in multiple orientations and different roof facets

Traditional inverter: 149.5 kW DC

SolarEdge: 200 kW DC34% added power

More Modules on the Roof

More Power & Revenue

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More Energy in Commercial Systems

Location: Forster Bowling Club, NSW

Size: 100 kW

Installation date: September, 2014

Modules: 400 x Trina TSM‐250PC05A

Inverters:

SolarEdge: 6 x SE17K with 200 x OP600 power optimisers

The SolarEdge system outperformed the PVSyst estimate of 145.1 MWh/yr by reaching 170 MWh/yr in 2014.

This was an increase of 17% over the PVSyst estimate

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Future Compatibility

Account for future costs that can impact the return on investment during system lifetime

Replacement: SolarEdge power optimisers allow modules of different power classes and brands in the same string

Expansion: New power optimisers can be utilised in the same string with older models

Battery Ready

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Commercial Installations

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Websites

www.solaredge.comwww.solaredge.uswww.solaredge.dewww.solaredge.jpwww.solaredge.frwww.solaredge.it

Thank youCautionary Note Regarding Market Data and Industry ForecastsThis power point presentation contains market data and industry forecasts from certain third -party sources. This information is based on industry surveys and the preparer’s expert ise in the industry and there can be no assurance that any such market data is accurate or that any such ind ustry forecasts wil l be achieved. Although we have not independent ly ver if ied the accuracy of such market data and industry forecasts , we believe that the market data is r el iable and that the industry forecasts are reasonable.

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