SolarEdge provides a commercial solar solution that offers four key benefits over traditional inverters: increased energy yield, lower operations and maintenance costs, enhanced safety, and more flexible design. Their solution utilizes power optimizers at the module level and monitoring software to maximize energy production, reduce costs over the system lifetime, and improve safety during installation and maintenance. While their inverters have a slightly higher upfront cost, SolarEdge's end-to-end solution offsets this with reduced balance of system costs, lower maintenance expenses, and increased energy production over time.

1. Optimizing
Your
Commercial
Business

2. SolarEdge in Numbers
36
Countries
presence
employees
5,285
inverter
company*
1Solar
#
43.6GW
of our systems
shipped worldwide
>3.3M
Monitored systems
around the world
$943.7M
Q1 2023 revenue
476awarded
patents and 479
additional patent
applications
4.9M
Inverters
shipped
114.1M
Power Optimizers
shipped
* Revenuewise- PVInverterMarketTracker – FourthQuarter 2022

3. Inverter’s Significance
Inverters account for <10% of the system cost but,
Influence up to 20% of system cost
Manage 100% of system production
Are the “brains” of the system
Mitigate O&M expenses through PV asset
management solutions
Inverter selection is critical for the long term financial
performance of a PV system
3 Source: Based on SolarEdge market analysis, assuming total cost of ~€1/Wp
Commercial rooftop
installation cost
breakdown

4. SolarEdge Commercial Solution
Rooftop PV*
EV Chargers*
Micro Grid*
Energy Management*
Data Monitoring
and Analytics
Synergy Inverter
120kW
Commercial
Storage*
*Products or solutions owned by partners
Power Optimizers
Carport PV*
Power Optimizers
Grid Interaction

5. Our Future Utility Offering
Data & Cyber
Ground Mount PV
330kW Utility Inverter (2023)
Grid Connection
Weather Data
Site Orchestration
Bi-Facial Modules
Utility Storage
H1300
Power Optimizers
(2023)
Trackers
Module-Level Monitoring

6. SolarEdge Offers Four Key Benefits
Maximum space utilization
with minimum design time
Safety during installation,
maintenance, firefighting,
& other emergencies
Full visibility of system
performance & remote
troubleshooting
6
Increased energy yield &
faster return on investment
through module-level MPPT
More Energy Lower O&M Costs Enhanced Safety Flexible Design

7. Why SolarEdge?
Strong Company
SolarEdge is a financially strong and
bankable company
Profitable
Publicly traded on the NASDAQ
Substantial track-record in
commercial PV
Complete Service Suite
EPCs and installers enjoy enhanced
support from SolarEdge’s local
service team
Pre-sale and post-sale support
Installation & commissioning support
Advanced O&M tools and capabilities
Improved Asset Management
System owners enjoy enhanced
lifetime system performance
Higher system uptime
Risk mitigation and long-term
investment protection
Superior safety
Better Bottom Line
The lifetime benefits of the SolarEdge
solution offset the slightly higher
inverter cost
Reduced BoS costs
Reduced O&M costs
Increased energy production
7

8. Lifetime PV System Cost and Revenue
€
Traditional inverter
8
Example is for
illustrative
purposes only Lifetime revenue
Inverter
replacement cost Lifetime O&M cost
BoS Cost
System
lifetime value

9. BoS Cost Saving
Up to 50% reduction
in BoS cost
Reduced risk
of failure & fire
Up to 60
modules
per string
Fewer strings
Less wiring, combiner
boxes, fuses, etc.
Less onsite self-crimping
at string end
9

10. BoS Cost Saving
SolarEdge system: 0.45 m/kW DC
Traditional 27.6kW string inverter: 4 m/kW DC
In MW-scale systems, the savings can amount to thousands of dollars
SolarEdge: 3 strings per inverter, 44/46 modules per string
Traditional string inverter: 6 strings per inverter, 22/23 modules per string
Included DC cables
Additional DC cables
10

11. Lifetime PV System Cost and Revenue
€
Traditional inverter
SolarEdge system
11
Example is for
illustrative
purposes only Lifetime revenue
Inverter
replacement cost Lifetime O&M cost
BoS Cost
System
lifetime value

12. Future Compatibility
Be prepared for future costs than can affect your balance sheet:
Lower-cost inverter replacement after warranty
~40% less than traditional inverters
Module replacements – with SolarEdge there is no need to
keep module stocks. Any module available in the market
would fit
Expansion – new power optimizers and modules can
be utilized in the same string with older models
Products are certified as resistant to ammonia
corrosion in agricultural areas
12

13. Lifetime PV System Cost and Revenue
€
Traditional inverter
SolarEdge system
13
Example is for
illustrative
purposes only Lifetime revenue
Inverter
replacement cost Lifetime O&M cost
BoS Cost
System lifetime
value

14. 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
14

15. Reduced O&M Cost
Alerts for modules &
inverters underperformance
Know before you go:
Identify underperformance
Use charts to analyze underperformance
Schedule maintenance according to
problem severity and effect on system
performance
Fewer trips to site, less time spent on-site
15

16. Increased System Availability
Bypass diode seems to have short circuited – faulty module shows 2/3 of the voltage
Issue pinpointed to module level
Installer can proactively provide service at his convenience
Quick and easy resolution will generate more energy for the owner for system lifetime
Bypass diode failing
Good modules, with full voltage
Underperforming module, with reduced voltage
16

17. Example: PID Detection
Potential induced degradation is a physical
phenomena in high voltage PV systems, that
significantly reduces module power and system
production
Occurs if modules have a negative potential to earth
while in operation, and is strongest on modules closest
to the inverter’s negative pole
If PID is suspected, technicians are required to climb on
the roof, disconnect the modules, and measure their
output voltage
Electroluminescence images of a module before (left) and after
(right) PID testing. Source: PVTech Photo: © Fraunhofer CSE
17

18. Remote PID Detection
Using the SolarEdge monitoring platform, PID problems can be detected in “two clicks”
Looking at the string modules power, degradation of power in the last modules is shown
(closest to the negative pole)
18

19. Remote PID Detection (Cont.)
No need to send technicians to the roof – modules voltage is measured remotely
19

20. O&M Contract Structure
Long-term O&M contracts usually guarantee:
System performance – usually as performance
ratio (PR)
System availability – usually in the range of
97%-99%
O&M contracts cost in the range of 1%-2% of
system initial capital cost*
€10-€20/kW/year for a 500kW system
* Source: SolarEdge analysis, O&M contracts from NA, EU and ME
**Source: Technical risks in PV projects, EURAC TUV-RH, 3/2016
20 Note: Exclusive of module cleaning
Corrective
Maintenance, 30%
O&M Cost Breakdown**
Overhead, 10%
Monitoring &
Reporting, 15%
Preventive Maintenance, 45%

21. SolarEdge – O&M Cost Saving
Monitoring - built-in hardware & software
Preventive maintenance
High resolution, module-level monitoring
Remote inspections
Fewer strings – less inspection time
Corrective maintenance
Pinpointed alerts
Advanced troubleshooting
Safer maintenance
23 Note: Exclusive of Module cleaning
Corrective
Maintenance, 30%
O&M Cost Breakdown**
Overhead, 10%
Monitoring &
Reporting, 15%
Preventive Maintenance, 45%

22. Overhead, 10%
Monitoring &
Reporting, 10%
Preventive
Maintenance, 35%
Corrective
Maintenance, 25%
Saving, 20%
SolarEdge enables 15%-25% saving on annual O&M cost
O&M Cost Breakdown
SolarEdge – O&M Cost Saving
24 Note: Exclusive of Module cleaning

23. Lifetime PV System Cost and Revenue
€
Traditional inverter
SolarEdge system
25
Example is for
illustrative
purposes only Lifetime revenue
Inverter
replacement cost Lifetime O&M cost
BoS Cost
System lifetime
value

24. Lifetime Revenue
Power optimizers enable installation of:
Modules in partially shaded areas
Strings of uneven lengths
Strings in multiple orientations and different roof facets
Flexible site design > More modules on the roof > More power
Traditional Inverter:
312 kWp
SolarEdge System:
396 kWp
= 27% added power
26

25. Lifetime Revenue
MPPT per module:
SolarEdge is designed for higher energy yield
Each module produces maximum power
independently of other modules in the string
Underperforming modules do not affect the
production of the whole string
27
Approximately 3% higher energy yield *
* SolarEdge estimates that on many commercial sites, power optimizers can recover approximately 3% more energy in year
one. As modules age, this mismatch continues to increase leading to an additional 2% potential recovery for systems
optimized by SolarEdge.

26. Module Mismatch => Power Losses
A EURAC/TÜV RH report on Technical Risks in PV Projects demonstrates that the economic
impact of soiling and shading can be higher than 3€/kWp/year due to missing production
The SolarEdge solution minimizes power losses by:
Optimizing power production per panel
Alerting and pinpointing underperforming panels
28 Source: Technical Risks in PV Projects, Moser & Jahn (EURAC & TUV-RH), 3/2016
Missing production per year
– Worst case [€/kWp]
Missing production per year
– Average case [€/kWp]

27. Lifetime PV System Cost and Revenue
€
Traditional inverter
SolarEdge system
29
Example is for
illustrative
purposes only Lifetime revenue
Inverter
replacement cost Lifetime O&M cost
BoS Cost
System
lifetime value

28. Lifetime PV System Cost and Revenue
€
Lifetime revenue
30
Inverter
replacement cost Lifetime O&M cost
BoS Cost
The slightly higher cost of the SolarEdge inverter is offset by the many benefits it provides
Traditional inverter
SolarEdge system
Example is for
illustrative
purposes only
System
lifetime value

29. Protect Your
Investment

30. Expect the Unexpected
Future proof
Mitigate mismatch and aging losses
Protect against unpredictable environmental and obstruction changes
(e.g. antenna erected, growing trees, etc.)
Defective modules can be replaced with any module available in the market
Higher system uptime
The monitoring and alerts enable real-time detection and fast response
32

31. Safe Installation and Maintenance
Remote monitoring instead of diagnostics work
at dangerous heights
SafeDC™ – no high VDC during installation or
maintenance
Power optimizers and DC cables automatically
shut down when inverter is off or disconnected
SolarEdge inverters comply with UL1699B arc
detection standard designed to mitigate effects
of some arc faults that may pose a risk of fire
33

32. Comprehensive Service Suite
SolarEdge supports you throughout your PV project life cycle
We provide the tools and services to help you grow your business with us
Project Design &
Pre-Sale
34
Operation &
Maintenance
Project Execution
Design
optimization
Comparative
PV Simulation
LCOE & ROI
analysis
Design
validation
Hands-on
Training
Installation
checklist
Onsite
support
Remote
operations
Automatic
commissioning
report
Fleet
management
Pinpointed
alerts
Performance
monitoring
Module-level
analysis
Remote
troubleshooting
Automatic
reporting

33. Cautionary Note Regarding Market Data & 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
industry 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 reliable and that the
industry forecasts are reasonable.
Version #: V.1.0
Revision: 05/2023/EN ROW
Thank You!