SOLAREDGE S STOREDGE SOLUTION

Transcription

1 SOLAREDGE S STOREDGE SOLUTION Michael Rush Country Manager Australia & New Zealand

2 Established Global Reach Presence in 13 countries Regional Service Centers 212 direct customers 11,950 installers Systems installed in 91 countries 2

3 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 3

4 StorEdge - SolarEdge Battery Storage Solution 4

5 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 Consume PV energy Excess energy Supply energy from storage battery 5

6 Maximising Self-Consumption 5kW System on April 8, 2016 (before battery installation) Total produced energy kwh Total purchased energy kwh Total consumed energy kwh Self-consumption level 33% During the day, PV powers the house, less energy is purchased 5 k 4 k 3 k When there is no PV, all consumed energy is purchased from the grid 2 k 1 k * Based on a SolarEdge 5kW PV system installed at a residence in Australia 0 k 0:00 4:00 8:00 12:00 16:00 20:00 Consumption Production Self Consumption 6

7 Maximising Self-Consumption 5kW System on April 15, 2016 (assuming 6.4kWh battery installation) Total produced energy kwh Total purchased energy 3.17 kwh Total consumed energy kwh Calculated self-consumption level 72.3% During the day, PV powers the house and charges the battery 5 k 4 k 3 k When there is no PV, the battery is discharged; less energy is purchased 2 k 1 k * Based on a SolarEdge 5kW PV system installed at a residence in Australia 0 k 0:00 4:00 8:00 12:00 16:00 20:00 Consumption Production Self Consumption 7

8 Backup Power Grid is on No Grid Electricity Charge battery from PV system Daytime: Important loads are powered by the PV system & battery Nighttime: Important loads are powered by the battery During long power outages, the battery can be charged by the PV system 8

9 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 Three conversions are required Only one conversion is needed 9

10 StorEdge Solution Grid Power Supply DC AC RS485 10

11 Solution Components StorEdge SolarEdge Single Phase Inverter StorEdge Interface SolarEdge Modbus Meter Tesla Powerwall Home Battery The SolarEdge inverter manages battery and system energy, in addition to its functionality as a DC PV inverter Allows connection of the Tesla Powerwall Home Battery to a SolarEdge inverter (not including backup functionality) For production / consumption readings Meter is required for self-consumption management 6.4kWh, ideal for maximising selfconsumption High-voltage, high-efficiency DC coupled battery 11

12 StorEdge Solution with Backup Power Automatically provides backup power in case of grid interruption for backedup loads, in addition to maximising self-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 12

13 Solution Components StorEdge with Backup Power 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 13

14 StorEdge Benefits 1 MORE Energy 3 Enhanced SAFETY 2 SIMPLE Installation 4 Full VISIBILITY 14

15 Full Visibility Monitor the battery status, PV production and self-consumption data 15

16 Full Visibility Smarter energy consumption to reduce electricity bills 16

17 Flexible Design & High Power 17

18 The SolarEdge Innovative Solution Safe DC Power Optimiser Fixed Voltage Inverter Cloud-Based Monitoring Platform Design Flexibility Lower O&M Cost, Efficient Monitoring Higher Power Yield Enhanced Safety Solutions 18

19 Cloud Monitoring with Storage 19

20 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 20

21 Communications Wifi Ethernet What s Next? 21

22 Coming Soon from SolarEdge MAKING PV SYSTEM MONITORING EVEN EASIER 1-Ph SolarEdge inverters with a built-in GSM modem 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 22

23 SolarEdge Commercial Edge 23

24 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 U.S. U.S. Commercial Rooftop PV PV Breakdown, 2013 U.S. Commercial Rooftop PV Breakdown, % 3% 3% 9% 9% 9% 23% 23% 23% 27% 27% 27% 10% 10% 10% 9% 9% 9% 19% 19% 19% EBOS EBOS Inverter Inverter Labor Labor Module Module Structure Structure SBOS SBOS Soft Soft Costs Soft Costs 24

25 SolarEdge Solution Power optimiser Inverter Smart Module with Power Optimiser Cloud-based monitoring portal 10kW, 12.5kW, 15kW, 16kW, 17kW, 25kW, 27.6kW 25

26 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: kw DC More Modules on the Roof More Power & Revenue SolarEdge: 200 kw DC 34% added power 26

27 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 MWh/yr by reaching 170 MWh/yr in This was an increase of 17% over the PVSyst estimate 27

28 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 28

29 Commercial Installations 29

30 Hotline Thank you Cautionary Note Regarding Market Data and Industry Forecasts This 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 expertise in the industry and there can be no assurance that any such market data is accurate or that any such ind ustry forecasts will be achieved. Although we have not independently verified the accuracy of such market data and industry forecasts, we believe that the market data is r eliable and that the industry forecasts are reasonable. Twitter Facebook @SolarEdge Websites