Solar Builder

JUL-AUG 2018

Solar Builder focuses on the installation/construction of solar PV systems. We cover the latest PV technology (modules, mounting, inverters, storage, BOS) and equip installers/contractors with tips and tools to make informed purchasing decisions.

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Page 28 of 47

SOLARBUILDERMAG.COM | 29 With the increasing proliferation of PV and storage around the world, the energy production industry is transi- tioning from a centralized system to a distributed network in which energy is produced closer to the location it is stored and consumed. This provides PV and storage system owners with a new revenue stream opportunity by selling their self- produced and stored energy. However, the new complex network of distributed generation requires sophisticated management platforms to provide real-time, aggregated con- trol of the demand and supply of energy. SolarEdge Technologies, is debuting a new tool for grid services and virtual power plants with the end goal being a new shared energy economy. SolarEdge's grid services offer aggregative control and data reporting to enable the pooling of PV and storage in the cloud for the creation of virtual power plants. This will provide utilities with the tools to leverage distributed energy generation systems to more effi- ciently meet demand. Energy retailers will enjoy protection from price peaks, and PV system owners can increase their revenue from joining this new energy economy. The solution helps to resolve a variety of complex energy issues such as generation shortages, transmission bottle- necks, energy arbitrage and frequency imbalances, reducing the need to invest in additional and expensive infrastructure. It will also provide energy retailers with protection against price peaks by facilitating access to stored energy. "Now at the network level, our grid services enable the aggregation and synchronization of multiple PV systems to create a distributed network," stated Lior Handelsman, founder and VP of marketing and product strategy, SolarEdge. "This is an important milestone in making solar energy ubiquitous." SolarEdge launching massive grid services solution

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