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Jul 04, 2023

SolarEdge debuts solar

SolarEdge Technologies is launching a solar-attached electric vehicle (EV) management solution for the Commercial and Industrial (C&I) segment at Intersolar Europe. It will initially be launched in Germany and the UK, with plans to expand to other markets quickly.

The goal of the system is to optimize interactions between facility solar generation, stationary battery storage and large-scale EV charging, taking into account grid and infrastructure limitations.

The new solution relies on Wevo Energy's software to manage and optimizes the EV charging process for sites that require dynamic load management and have large quantities of EVs, such as apartment buildings, workplaces and public charging locations. Wevo's AI-based predictive algorithms use real-time data analytics to consider solar production, dynamic electricity prices and tiered charging schedules. That is then integrated with SolarEdge's energy management system.

"As more companies are taking active measures to electrify their car fleets, combining solar PV and EV charging is a cost-effective and sustainable way to manage these fleets," said Zvi Lando, CEO of SolarEdge Technologies. "We believe SolarEdge C&I PV solutions, combined with Wevo's advanced EV charging management capabilities, will help businesses use energy more economically and sustainably."

Wevo Energy is a startup, founded in 2021, specializing in EV charging optimization and management software, in which SolarEdge is an investor. Wevo Energy is electrifying over 5,000 parking spaces globally.

"Wevo's solution is already deployed at thousands of parking spaces globally. The combination of Wevo's software with SolarEdge's leading PV solution and market presence will enable the accelerated deployment of load-balanced EV charging infrastructure," said Teddy Flatau, CEO of Wevo Energy.

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