SolarEdge founder Yoni Ziv visits SL
View(s):Yoni Ziv, one of the founders of Israeli solar Photo Voltaic (PV) company SolarEdge, visited Sri Lanka recently, to explore local opportunities in related industries, according to a statement by the company’s local partner JLanka. SolarEdge controls a 26 per cent market share of the US solar PV sector, as of the third quarter of 2014, as signalled by the latest GTM Research “US PV Leaderboard”.
In the statement, JLanka also revealed, “SolarEdge’s official technological partner is JLanka Technologies which has an installed highest number of Solar PV systems to homes in domestic market… JLanka’s Solar Power solutions are backed by Solar Edge technology generates 25 per cent more power than other grid-tie solar power systems with optimal DC to AC conversion regardless of string lengths and manufactured in Israel and Canada”.
As per the statement, “(while) Asia leads in Solar Power global crystalline module capacity will expand significantly in 2015 and is forecast to reach to 76.6GW according to an international report done by research firm HIS Inc. The report highlights that capacity utilisation will rise due to strong downstream demand”.
It added, “(according) to industry experts the feed-in tariff for solar power is falling continuously. As time goes on, installing a photovoltaic system is therefore becoming primarily worthwhile where the power generated is to be consumed on site.
For homeowners, end customers and businesses alike, the prospect of utilising power from their own solar installations is becoming ever more attractive”.
The statement said that, “(amid) this growing demand in Asia and sub regions, Israel based SolarEdge is growing its influence in the solar PV inverter industry as a dominant player as a result of company’s innovative technology and burgeoning relationships with high-profile customers. Since its inception in 2006 SolarEdge has significantly increased its presence in the highly-promising solar PV inverter industry, and has further far exceeded expectations since going public a few months back”. (JH)