SolarEdge Technologies, a leading global provider of end-to-end solar power optimization systems and monitoring solutions, announced today that it has received the 2012 Intersolar AWARD for Innovation in the Photovoltaic category. The distinguished award was granted to the SolarEdge next generation power optimizer featuring the new IndOP™ technology which allows broader market adoption of power optimizers.

The Intersolar AWARD honors solar companies for innovative ideas and technological breakthroughs. The SolarEdge next generation power optimizer, empowered with a new independent optimization technology (IndOP™) is designed utilizing a new set of semiconductor chips, developed by SolarEdge, which allow for a much smaller product with increased reliability, durability and efficiency. Additional benefits include increased safety and module-level PV monitoring.

 “We are very proud to be recognized for our innovation,” said Guy Sella, CEO, Chairman and co-founder of SolarEdge. “As a market leader for distributed solar power optimization, this award affirms our belief and knowledge that mainstream use of module-level electronics is the right direction for accelerating the pace towards grid parity.”

The Intersolar AWARD is given out annually by an independent panel of judges in the categories of Photovoltaic, Solar Thermal Technologies and PV Production Technologies. More than 3,000 solar companies submitted products to be considered for award in the industry’s flagship honor that draws worldwide public attention.