SolarEdge Technologies, Inc. (NASDAQ: SEDG), a prominent figure in smart energy technology, has unveiled its latest innovation, the SolarEdge ONE optimization solution, tailored for homeowners with dynamic rate plans in the Netherlands.
Dynamic Rate Optimization for Dutch Homeowners
This cutting-edge solution integrates dynamic rate optimization powered by the SolarEdge ONE AI-based energy optimization system. Designed specifically for homeowners navigating dynamic rate plans, this capability aims to maximize savings efficiently.
How It Works
By tapping into day-ahead electricity markets and employing predictive AI algorithms, SolarEdge ONE crafts personalized 24-hour energy plans for homes. It dynamically adapts to individual energy needs, considering factors like weather forecasts, utility rates, consumption patterns, solar production, and homeowner preferences.
Real-Time Decision Making
SolarEdge ONE makes hundreds of real-time decisions throughout the day. It can divert excess PV to designated home devices, leverage off-peak pricing to charge batteries, or optimize feed-in revenue by discharging during peak hours.
Statement from Zvi Lando, CEO
Zvi Lando, CEO of SolarEdge Technologies, highlighted the significance of smart energy management in propelling the clean energy transition. The dynamic rate optimization feature is part of SolarEdge’s commitment to delivering comprehensive energy management solutions, following the recent introduction of Negative Rate Optimization.
About SolarEdge
SolarEdge is a frontrunner in smart energy technology, renowned for its intelligent inverter solutions. With a focus on innovation, SolarEdge’s products aim to maximize power generation and lower energy costs. Their offerings span various energy market segments, encompassing PV, storage, EV charging, batteries, and grid services solutions.
This move underscores SolarEdge’s commitment to advancing solar technology and empowering homeowners with efficient energy management solutions.
Source:businesswire.com