SolarEdge Signs Partnership Agreement With Flextronics
SolarEdge Technologies, an innovative solar power harvesting provider, and Flextronics a leading global Electronics Manufacturing Services (EMS) provider has announced that SolarEdge has selected Flextronics as its global manufacturing partner for high-volume production of SolarEdge's distributed PV power harvesting and monitoring systems. The announcement came after six months of close collaboration between the two companies on preparing dedicated production lines located at Flextronics factory for the mass production of SolarEdge systems at exceptional quality. Production has commenced during the previous quarter and expected to reach an annual capacity of 200MW.
"As SolarEdge continues to rapidly scale to meet growing market demand, we are focused on forging first-rate partnerships that will support our promise of reliability and excellence to our customers," said Guy Sella, chairman, CEO and co-founder, SolarEdge. "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."
"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", said E.C. Sykes, president, Flextronics' Industrial Market Segment. "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."
SolarEdge provides holistic photovoltaic power harvesting and monitoring technology to maximize the energy output and cost efficiency of solar PV units. The company works with industry-leading partners such as BP Solar, Schott Solar, GE, Gehrlicher Solar, Isofoton, HaWi Energitechnik, and many others to embed its technology into photovoltaic panels to increase their power output by up to 25 percent and provide superior monitoring and control, without increasing costs.
