SolarEdge VS. Microinverters ©2013 SolarEdge | 27 Cost – Rules of Comparison Comparison between a SolarEdge system and a microinverter system of 5kW system > 1 communication gateway > 2 trunk cable kits COST > 20 SolarEdge power optimizers > 25 years warranty per power optimizer > Module monitoring free of charge > 1 SolarEdge inverter > 12 years standard warranty, extendible to 25 years > Inverter monitoring free of charge SolarEdge > 20 microinverters > 25 years standard warranty per microinverter > Module monitoring at additional charge Microinverters ©2013 SolarEdge | 28 Compatibility Microinverters: only with selected module models SolarEdge power optimizers: any c-Si and many TF modules Specification Max Pin Max Vin AC Pout Notes SolarEdge 400Wp 125 - No AC limitation Enphase 270Wp 45V 215W Only 60 cell modules PowerOne 320Wp 65V 300W SMA 250Wp 45V 240W (250W coming soon) Only 60 cell modules ©2013 SolarEdge | 29 Clipping (Enphase) Typical 5kW system = 20 modules x 250 Watt Microinverters allow connection of 250W module But limited to 215W AC output Power optimizer Microinverter 20 x 250W = 5kW 20 x 215W = 4.3kW Losing 14% output in optimal solar conditions a ©2013 SolarEdge | 30 MPP Window of Operation Microinverters: narrow operating range, lower shading tolerance SolarEdge: wide operating range, higher shading tolerance VMPPT <9V Min 23V PowerOne (MICRO-0.25-I) Min 25V – Lower MPP DC input voltage = more power recouped from partially shaded modules Max 55V SolarEdge (OP250-MV) Min 22V Max 32V SMA (SunnyBoy 240) VMPPT <18V Max 36V Enphase (M215) VMPPT = 27V MPP VOLTAGE TRACKING RANGE Max 60V Min 5V ©2013 SolarEdge | 31 Limited MPP Window effect One substring is 85% Shaded (dirt, snow,…) Micro inverter module harvest is limited to the lower peak due to its narrow MPPT window Source: Making permanent savings through Active Energy Efficiency - Schneider Electric ©2013 SolarEdge | 32 Heat at Module Microinverters - Lower efficiency results in higher heat at module SolarEdge power optimizer: Higher efficiency results in lower temperature at module 1.2% 4% 4.5% 4.5% efficiency of module-level device & heat at module Heat at module Efficiency at module-level device 98.8% 96.0% 95.5% SolarEdge (OP250-LV) Enphase (M215) PowerOne (MICRO-0.25-I) 95.5% SMA (SunnyBoy 240) ©2013 SolarEdge | 33 System Efficiency SolarEdge: system efficiency = factor of power optimizer and inverter efficiency Microinverters: system efficiency equal to microinverter efficiency 96.0% 95.5% 95.5% system efficiency 96.3% SolarEdge (OP250-LV) & inverter Enphase (M215) PowerOne (MICRO-0.25-I) SMA (SunnyBoy 240) ©2013 SolarEdge | 34 Number of Components ̶ There are 250% more components in a Microinverter than SolarEdge power optimizer A SolarEdge power optimizer includes 186 components SolarEdge power optimizers - PCB ̶ A leading Microinverter includes 466 components Leading microinverter - PCB * Picture to scale ©2013 SolarEdge | 35 Ceramic vs. Electrolytic Capacitors SolarEdge power optimizers are DC/DC converters and rely on ceramic capacitors which have a low, fixed rate of aging. The use of ceramics is possible due to the high switching frequency and lower voltages Microinverters require large input capacitance due to the grid low frequency. In many cases, this is implemented with electrolytic capacitors which have a significantly shorter lifetime ©2013 SolarEdge | 36 Grid Compliance Advanced grid codes for solar inverters are already mandatory in Germany and Italy SolarEdge inverter topology complies with advanced grid codes and is suitable to comply with similar standards evolving around the globe Microinverter topology currently do not comply with advanced grid codes Advanced grid codes Microinverters SolarEdge No support of advanced grid codes inverter suitable to comply with advanced grid codes ©2013 SolarEdge | 37