SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ: SEDG), a global leader in PV inverters, power optimizers, and module-level monitoring services, and Sunrun, the largest dedicated residential solar company in the U.S, have formed a strategic supply relationship. As part of the agreement, SolarEdge will serve as Sunrun's preferred supplier of optimized inverter solutions available for use in Sunrun's home solar installations and through its distribution business, AEE Solar.
"Sunrun has focused on integrating innovative technologies into our business so we continue to deliver the best experience to new and existing customers," said Paul Winnowski, chief operating officer of Sunrun. "We're excited to partner with SolarEdge to ensure Sunrun customers have high quality home solar systems resulting in increased energy production and lower electricity costs."
SolarEdge's optimized inverters enable Sunrun customers to benefit from more flexible system designs, enhanced rooftop safety, and increased home energy production levels through features like SafeDC, integrated rapid shutdown, cellular connectivity and storage readiness. The technology also provides homeowners with remote troubleshooting and access to real-time performance data through the SolarEdge cloud-based monitoring platform.
"As one of the largest inverter companies supplying the U.S. residential market, we're pleased that our optimized products are part of the Sunrun family product offering," said Peter Mathews, North America General Manager for SolarEdge. "We are proud to align ourselves with a respected organization like Sunrun and look forward to working together to elevate the solar experience for more consumers nationwide."
