SolarEdge has entered into a contract to supply smart energy products including inverters and power optimisers for 1 GW of solar projects with Enfindus.
SolarEdge Technologies, a global leader in smart energy, has announced that it has entered into a contract to supply smart energy products and solutions, including inverters and power optimisers for 1 GW of solar projects with the international solar investor, Enfindus. The four-year, pan-European agreement is intended for commercial and industrial (C&I) rooftop PV systems. Enfindus plans to finance, build, and operate the PV systems and offer corporate PPAs to rooftop owners.
“Being selected for one gigawatt of PV systems throughout Europe is testament to the growing strength of DC optimisation and its benefits for larger PV installations,” stated Alfred Karlstetter, General Manager of SolarEdge Europe. “Growing its footprint in the C&I sector, we are committed to continuing to provide innovative and scalable DC optimised inverter solutions to improve the bottom line of commercial and small-scale utility PV systems.”
Through these projects, the two firms aim to help businesses decrease their energy costs to improve their bottom lines while increasing the amount of solar energy in the European energy mix in order to decarbonise and decentralise energy production.
Enfindus is an international player in the field of solar energy. Its mission is to finance, build, and operate a portfolio of one gigawatt of solar rooftop projects in Europe by 2025. It manages the complete process of the preparation, installation and operation of solar installations, with no capital investment required by the rooftop owner.
“Dedicated to investing in high-quality and profitable C&I PV systems, we identified SolarEdge’s DC optimised inverters as the ideal solution that can provide improved lifetime RoI for larger commercial PV systems,” stated Gino van Neer, CEO, Enfindus. “We selected this brand for its bankability, which is due in part to its premium technology that is favoured by insurance companies offering enhanced safety features and high-resolution monitoring for improved O&M.”