The announcement came after six months of collaboration between the two companies on preparing production lines located at Flextronics’ factory for the mass production of SolarEdge systems. Production has commenced during the previous quarter and is expected to reach an annual capacity of 200MW.
SolarEdge provides holistic PV power harvesting and monitoring technology to maximize the energy output and cost efficiency of solar PV units. The company works with industry partners such as BP Solar, Schott Solar, GE, Gehrlicher Solar, Isofoton, HaWi Energitechnik, and many others to embed its technology into PV panels to increase their power output by up to 25%.
Guy Sella, chairman, CEO and co-founder of SolarEdge, said: “Flextronics has an impressive global reach and a successful track record of quality manufacturing services for the solar industry. This partnership will help us more quickly answer customer needs for an effective solution to improve the performance of solar energy systems through panel optimized yield and monitoring.”
E Sykes, president of Flextronics’ industrial market segment, said: “We are very excited to join forces with an innovative company like SolarEdge that leads the way into affordable solar energy production at grid parity. We are all set to deliver a quality product at mass volumes. Flextronics is prepared to leverage its global resources including production and logistics facilities in Mexico, Hungary and China to support SolarEdge’s strategic future growth.”