One of the main catalysts for SolarEdge (NASDAQ:SEDG) stock will be the HD-Wave Inverter. However, they have more than one type of inverter.
First, the SolarEdge Inverter is responsible for the inversion of direct current (DC) to alternate current (AC). Second, the SolarEdge Power Optimizer is a direct current to direct current (DC) converter which connects to each individual PV module.
Third, and most importantly is SolarEdge’s HD-Wave Inverter. The HD-Wave Inverter was the winner of the 2016 Intersolar Award. The Company claims the product to be one of the most significant leaps in solar technology in years.
HD-Wave Inverter utilizes a different process, a high-definition wave which contributes to the increase in power density. The result is an inverter that uses fewer cooling components and magnetics, and is half the size of traditional inverters. Moreover, it lowers production costs per unit, and maintains a California Electric Commission (CEC) weighted efficiency of 99%, a record.
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