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SolarEdge Technologies Launches Higher-Capacity Commercial Storage System in Europe, Asia

-- SolarEdge Technologies (SEDG) said Tuesday it launched its new higher-capacity commercial storage system CSS-OD 197 in Europe and Asia.

The new system consists of a 197 kilowatt-hour-rated battery cabinet paired with one or two 50-kilowatt battery inverters and is scalable up to 1 megawatt and 4 megawatt-hours per site, the company said.

The system supports a wide range of commercial and industrial storage use cases for medium- to large-scale commercial sites, SolarEdge said.

SEDG shares were up past 5% Tuesday afternoon.

Price: $41.85, Change: $+2.03, Percent Change: +5.10%

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SolarEdge Technologies Launches Higher-Capacity Commercial Storage System in Europe, Asia | FINWIRES