SolarEdge Applied sciences introduced that it accomplished the acquisition of the whole share capital of Wevo Vitality. Wevo is a software program startup specializing in EV charging optimization and administration for websites with massive portions of EV chargers equivalent to residence buildings, office carparks and public charging areas.
Wevo’s software program is designed to be vendor-agnostic and helps industry-leading open protocols, enabling multi-user pricing and billing, tiered prioritization of charging schedules, predictive load administration and a spread of extra companies. So far, Wevo has electrified many hundreds of parking areas throughout North America, Europe and the Center East. Wevo is already built-in with SolarEdge’s EV chargers, photo voltaic inverters and meters, for a holistic real-time view of photo voltaic manufacturing, grid consumption and EV charging.
The Wevo answer will even be a part of the SolarEdge ONE vitality optimization system for the C&I section, designed to supply SolarEdge clients a single vitality optimization answer that orchestrates and integrates between on-site photo voltaic era, battery storage and large-scale EV charging.
“This acquisition represents the continuation of SolarEdge’s technique to boost its software program portfolio for the C&I section. We’re excited for Wevo to hitch the SolarEdge crew following our preliminary funding and the spectacular progress it has demonstrated over the previous yr. Because the EV market continues to develop, distributed renewable vitality can be key to unlocking the total potential of the electrification of mobility. Wevo’s software program capabilities and know-how symbolize a constructing block for EV-attached photo voltaic, and immediately it turns into part of SolarEdge’s vitality ecosystem,” stated Zvi Lando, CEO of SolarEdge Applied sciences.
Information merchandise from SolarEdge
