The new DC-coupled SolarEdge Energy Bank battery introduces an industry-leading 94.5% round-trip efficiency, enabling longer-term home backup

The new SolarEdge Energy Hub inverter can provide up to 11.4kW of power and 10.3kW of standby power to support more loads in the event of a grid outage

Both products are part of a new complete system solution called "SolarEdge Home", which seamlessly integrates solar energy and storage with various SolarEdge smart energy devices

Milpitas, California, October 20, 2021--(BUSINESS WIRE)--(BUSINESS WIRE)--SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ Stock), a global leader in smart energy technology (Code: SEDG) today announced SolarEdge Energy’s commercialization of North American bank residential batteries. The high-efficiency DC-coupled battery provides 9.7kWh of backup power, and up to 8 additional batteries can be connected to provide up to 87kWh of backup capacity, while providing future compatibility with third-party generators.

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SolarEdge Home-a complete residential ecosystem for homeowners to manage and monitor solar energy production, consumption, and backup storage.

SolarEdge also today announced the launch of its new SolarEdge Energy Hub inverter model, with a power range from 7.6kW to 11.4kW of photovoltaic power supply and 10.3kW of backup power supply, with a 200% DC super-large size, which can provide higher energy for the family Yield. The Energy Hub High Standby Power Inverter simplifies installation by reducing the need for a main panel upgrade (MPU), and shortens installation time by wirelessly connecting to SolarEdge Energy Bank batteries and various smart energy devices, including SolarEdge Home EV Charger.

SolarEdge Energy Hub inverters and SolarEdge Energy Bank batteries are part of a new SolarEdge whole-home solution called "SolarEdge Home", a smart smart energy management system that allows homeowners to better manage and monitor solar energy Production, consumption and spare storage are instantaneous. The SolarEdge Home system is controlled by the mySolarEdge mobile app, which helps to prioritize loads based on homeowner preferences and applies smart algorithms to help make economic decisions, taking into account external factors such as weather events.

"The demand for reliable home backup power has never been stronger," said Peter Mathews, general manager of SolarEdge North America. "We have developed an integrated solar and battery solution that can achieve simpler and faster installation times and enable homeowners to use clean renewable energy to power more of their daily lives."

SolarEdge Energy Bank batteries and SolarEdge Energy Hub inverter models are now available for order in North America.

About SolarEdge: SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and unremitting attention to innovation, SolarEdge has created smart energy solutions that power our lives and drive future progress. SolarEdge has developed a smart inverter solution that changes the way electricity is collected and managed in photovoltaic (PV) systems. SolarEdge DC optimized inverters are designed to maximize power generation while reducing energy costs generated by photovoltaic systems. Continuing to advance smart energy, SolarEdge has addressed a wide range of energy market segments through its photovoltaics, storage, electric vehicle charging, batteries, UPS, electric vehicle power systems and grid service solutions. SolarEdge is online at solaredge.com.

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North America Miguel Afonso / Emma Jenkinson Incus Media solaredgeUSA@incus-media.com

Corporate SolarEdge Technology Lily Salkin Public and Media Relations Lily.Salkin@solaredge.com

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