SolarEdge’s EV-Charging Inverter Wins 2018 BIG Awards for Business

SolarEdge has developed the world’s first EV-charging solar inverter which offers the fastest AC EV charging rates by supplementing grid power with PV power.

Israel-based SolarEdge Technologies has received the ‘New Product of the Year Award’ for its EV-charging inverter in the Energy Category. It is a winner of the 2018 BIG Awards for Business.

The company has developed the world’s first EV-charging solar inverter which offers the fastest AC EV charging rates by supplementing grid power with PV power.

The Level 2 EV charger offers charging of up to six times faster than a standard Level 1 charger with its innovative solar boost mode.

The company’s inverter with HD-Wave technology integrated with an EV charger enables PV production and EV charging from a single inverter and monitoring and management platform.

The combined solution allows EV owners to charge their vehicles with renewable energy and offers considerable cost savings on both hardware and installation.

“The BIG awards recognize truly innovative thinking that leads to both business excellence and industry breakthroughs,” said Maria Jimenez, Chief Nominations Officer of Business Intelligence Group. “By combining EV charging with solar energy, SolarEdge has joined two formerly separate sectors and potentially helped accelerate the adoption of both.”

Commenting on the achievement, Lior Handelsman, VP of Marketing and Product Strategy, Founder of SolarEdge, said, “We are honored that our EV-charging inverter is selected as the New Product of the Year in the Energy category by the BIG Awards for business.”

The company’s EV-charging PV inverter is already available in the United States and is expected to be available in other parts of the world at the beginning of 2019.