Since its founding in 2004, the company has leveraged its diverse IP base to create multiple product lines. SolarBridge has scaled up its engineering team to speed up product development. Beta testing of the new SolarBridge microinverter and information module is now underway.
The new SolarBridge identity is a reflection of the company’s mission to reduce the Levelized Cost of Energy (LCOE) for solar installations by dramatically improving reliability, increasing energy production and simplifying installation. The company’s patented microinverter architecture enables unprecedented levels of reliability by eliminating the most failure prone components, like electrolytic capacitors and optoisolators, which are used in central inverters and competitive microinverters. The high reliability of the SolarBridge Microinverter enables the development of a true ACPV solution, where the SolarBridge Microinverter is integrated to the back of a PV module. The ultimate destination of the PV inverter market — a highly reliable ACPV solution, backed by a 25 year warranty, which reduces installation costs and maximizes energy production, is now a reality. Solar markets that are not well served will now have a practical solution.
SolarBridge is focused on creating microinverter and monitoring solutions for home and small commercial solar power installations. According to IMS Research’s new report titled “The World Market for PV Inverters, 2009 Edition,” the world market for inverters used in residential and small commercial markets will grow to around $1 billion by 2013.
“Over the coming year, SolarBridge Technologies is well positioned to deliver where others have failed, bringing an enabling technology to the residential and small commercial PV market, which has not been well served by the existing central inverter and microinverter offerings” said Ron Van Dell, president and chief executive officer, SolarBridge. “We have had a very promising response from the marketplace to our unique value proposition.”
