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Samsung Electronics and SolarEdge Partnership to Expand Net Zero Home Ecosystem

Insight Convey by Insight Convey
June 15, 2023
Samsung Electronics and SolarEdge Partnership

Credit; Samsung

Feature

  • SolarEdge’s energy optimization technology will enhance cooperation by deploying efficient smart inverters for converting solar energy into electricity.
  • Samsung’s relationship with SolarEdge is another critical alliance in the solar energy sector.
  • Samsung will initiate DR testing in California and New York after successful implementation in Korea.

Samsung Electronics and SolarEdge partnership have formed a strategic alliance in solar and storage solutions for homes. This partnership will increase Samsung’s ecosystem coverage for the Net Zero Home. Samsung’s SmartThings Energy provides consumers with novel methods to optimize energy use and save household energy costs by integrating with SolarEdge’s smart energy ecosystem, SolarEdge Home.

Optimizing Energy Consumption and Saving Costs

Users may easily monitor their home’s photovoltaic (PV) generation and battery condition thanks to the extensive assistance offered by SmartThings Energy. AI Energy Mode optimizes energy use, leading to considerable energy savings. The collaboration also includes Samsung’s smart energy technologies, including heat pumps, which allow more gadgets to run on clean solar energy. Greater efficiency is encouraged since users may see how their appliances affect home energy usage.

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Samsung Electronics and SolarEdge Partnership
Credit: Samsung

SolarEdge’s Energy Optimization System

SolarEdge’s energy optimization technology will enhance cooperation by deploying efficient smart inverters for converting solar energy into electricity. This cutting-edge technology uses data-driven automation to generate hundreds of optimum energy decisions each day. It uses clever solar production forecasts, energy consumption patterns, battery health, and utility pricing to maximize energy efficiency.

Promoting Energy Independence and a Greener Planet

Samsung Electronics Chan-woo Park, Executive Vice President of the Digital Appliances Business, emphasizes the company’s dedication to a better future through solar energy. To enable customers to become energy independent, save money, and improve the environment’s health, the extended net zero home solution and SmartThings Energy service are being introduced.

Carbon Intensity Monitoring and Demand Response Service

With the addition of new capabilities, SmartThings Energy will allow users to monitor their carbon emissions. These features include recurring information on carbon intensity. Customers can choose low carbon intensity periods and get product-specific carbon emission projections beginning at the end of June. Samsung also has global expansion ambitions for its Demand Response (DR) service, starting in the United States. This service offers clients incentives such as cash awards and credit for reducing energy usage voluntarily during peak periods. Samsung will initiate DR testing in California and New York after successful implementation in Korea.

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Continued Collaboration and Global Presence

Samsung’s relationship with SolarEdge is another critical alliance in the solar energy sector. The firm has a history of collaborating with well-known solar energy firms, including Qcells, SMA Solar Technology, and Maxeon Solar Technology. Intersolar Europe 2023, the largest energy expo in Europe, will occur from June 14 to June 16 in Munich, Germany. Samsung hopes to present its energy-saving solutions with its international partners there.

Tags: Demand ResponseEnergy ModeOptimum EnergyPhotovoltaicSamsung's Smart EnergySMA Solar TechnologySmartThingsSmartThings EnergySolar EnergySolarEdge HomeStrategic Alliance
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