Energy Solar

SolarEdge Technologies Acquires Wevo Energy, AdventHealth Implements Solar System

SolarEdge Technologies has acquired Wevo Energy, a software startup specializing in EV charging optimization, with the integration of Wevo’s software into SolarEdge’s energy optimization system for the C&I segment being a key focus.

At a glance

  • SolarEdge Technologies has acquired Wevo Energy, a software startup specializing in EV charging optimization and management.
  • Wevo’s software is vendor-agnostic and supports open protocols. It has electrified parking spaces in North America, Europe, and the Middle East.
  • Wevo’s integration with SolarEdge’s products will be part of the SolarEdge ONE energy optimization system for the C&I segment.
  • AdventHealth is installing a large on-site solar energy system at its corporate headquarters in Florida, including solar panels, canopies, and EV charging stations.
  • Leeward Renewable Energy has completed a 200-MW solar project in Texas, providing renewable energy to Verizon and creating jobs while supporting the local community.

The details

SolarEdge Technologies has recently finalized the acquisition of Wevo Energy, a software startup specializing in EV charging optimization and management.

Wevo’s software is known for being vendor-agnostic and supporting open protocols, with electrified parking spaces spread across North America, Europe, and the Middle East.

The company’s integration with SolarEdge’s EV chargers, solar inverters, and meters will see its solution become a part of SolarEdge ONE energy optimization system for the C&I segment.

SolarEdge CEO’s Enthusiasm

SolarEdge’s CEO, Zvi Lando, has expressed enthusiasm for Wevo joining the SolarEdge team, highlighting the move as part of its strategy to bolster its software portfolio for the C&I segment.

The importance of distributed renewable energy in driving the growth of the EV market is widely recognized, with Wevo’s software capabilities being viewed as a crucial component for EV-attached solar within SolarEdge’s energy ecosystem.

AdventHealth’s Solar Energy System

In a separate development, AdventHealth is in the process of installing an on-site solar energy system at its corporate headquarters in Altamonte Springs, Florida.

The installation will encompass over 7,500 solar panels spread across four buildings and two garages, along with solar canopies in the parking lot.

Additionally, the project will incorporate additional electric vehicle charging stations to accommodate 62 electric vehicles.

The solar installation, slated for completion by the end of 2024, forms part of AdventHealth’s commitment to reducing greenhouse gas emissions and achieving environmental objectives through on-site clean energy initiatives.

As a signatory of the U.S. Health and Human Services Health Sector Climate Pledge AdventHealth has pledged to slash greenhouse gas emissions from electricity by 50% by 2030. The health system is also in the process of establishing virtual power purchase agreements for large-scale renewable energy projects.

ESA, a national solar developer, is spearheading the solar installation project, which is set to become one of the largest privately owned corporate solar projects in Florida.

Moreover, Leeward Renewable Energy (LRE) has recently completed construction and commenced operations of its 200-MW Horizon Solar Project in Texas.

The project is set to provide Verizon with renewable energy under a Renewable Energy Purchase Agreement (REPA), with estimated greenhouse gas emissions avoided equivalent to powering 1.2 million Texan households.

In addition to its environmental benefits, the project is expected to generate approximately $30 million in tax payments to support the local county and schools while also creating around 400 jobs during the construction phase.

Omar Aboudaher, LRE’s senior VP of development, expressed gratitude to the Frio County community for their support throughout the project.

The company is known for managing projects with a focus on environmental, social, and cultural considerations, implementing sustainable land management practices such as sheep grazing for vegetation control, a biodiversity management plan, and the planting of pollinator-friendly native plant species.

This approach aims to increase land productivity, provide farmers with supplementary income, and contribute to the ongoing transition to clean energy.

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Facts attribution

This section links each of the article’s facts back to its original source.

If you suspect false information in the article, you can use this section to investigate where it came from.

solarpowerworldonline.com
– SolarEdge Technologies completed the acquisition of Wevo Energy
– Wevo Energy is a software startup specializing in EV charging optimization and management
– Wevo’s software is vendor-agnostic and supports open protocols
– Wevo has electrified parking spaces across North America, Europe, and the Middle East
– Wevo is integrated with SolarEdge’s EV chargers, solar inverters, and meters
– Wevo’s solution will be part of SolarEdge ONE energy optimization system for the C&I segment
– SolarEdge’s strategy is to enhance its software portfolio for the C&I segment
– SolarEdge CEO Zvi Lando is excited for Wevo to join the SolarEdge team
– Distributed renewable energy will be key to unlocking the potential of EV market growth
– Wevo’s software capabilities represent a building block for EV-attached solar in SolarEdge’s energy ecosystem
solarpowerworldonline.com
– AdventHealth is installing an on-site solar energy installation at its corporate headquarters in Altamonte Springs, Florida
– The installation will include more than 7,500 solar panels on four buildings and two garages, as well as solar canopies in the parking lot
– The project will also include additional electric vehicle charging stations that can support 62 electric vehicles
– The solar installation is scheduled for completion by the end of 2024
– AdventHealth is a signatory of the U.S. Health and Human Services Health Sector Climate Pledge
– The health system has pledged a 50% reduction in greenhouse gas emissions from electricity by 2030
– AdventHealth is also establishing virtual power purchase agreements for large-scale renewable energy projects
– The solar installation is part of a larger strategy to help AdventHealth meet its environmental goals with on-site clean energy
– ESA, a national solar developer, is working on the solar installation project
– The solar installation will be one of the largest privately owned corporate solar projects in Florida
solarpowerworldonline.com
– Leeward Renewable Energy (LRE) completed construction and began operation of its 200-MW Horizon Solar Project in Texas
– The project will provide Verizon with renewable energy under a Renewable Energy Purchase Agreement (REPA)
– Greenhouse gas emissions avoided by the project are estimated to be equivalent to powering 1.2 million Texan households
– The project will provide approximately $30 million in tax payments to support the local county and schools
– During construction, the project created around 400 jobs
– LRE’s senior VP of development, Omar Aboudaher, expressed gratitude to the Frio County community for their support
– LRE manages projects with environmental, social, and cultural considerations
– Sustainable land management practices at Horizon Solar include sheep grazing for vegetation control, a biodiversity management plan, and planting pollinator-friendly native plant species
– This approach increases land productivity, provides farmers with supplementary income, and contributes to the transition to clean energy.

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