SolarBridge Named 2011 Edison Best New Product Awards Gold Winner
Austin TX (SPX) Apr 07, 2011
SolarBridge Technologies (SolarBridge) is being recognized for its superior microinverter design, technological innovation and business strategy by several industry organizations. Last night, the company received a Gold award at the 2011 Edison Best New Product Awards in New York for its innovative power electronics solution for rooftop solar applications.
The company was also recently named a finalist in the EE Times Annual Creativity in Electronics (ACE) Awards in the energy technology category, and has been selected as a Top 300 startup by fundedIDEAS, a research publication of VCWire.com.
"We are extremely pleased to be honored by these prestigious organizations," said Joe Scarci, vice president marketing, SolarBridge Technologies. "It's a privilege to be recognized among many well-respected companies focused on product innovation. SolarBridge is delivering a game-changing technology that is going to rapidly accelerate the adoption of solar energy - and the industry has taken note."
The SolarBridge AC Module System features the patented SolarBridge PantheonTM microinverter, which is attached to the back of a solar module to create an integrated AC module. AC modules powered by SolarBridge convert DC power generated by solar panels into grid-compatible AC power, enabling up to 30 percent lower cost of energy. The SolarBridge Pantheon is also the first integrated microinverter to offer a 25-year warranty, matching that of most solar modules.
Edison Best New Product Gold Award Winner
"This year's awards recognize a broad array of innovations including far-reaching products, services and technologies that impact daily life," said Edison Awards Steering Committee chair Sarah Miller Caldicott, a great grandniece of Thomas Edison. "The awards applaud the forward-thinking innovations for which Thomas Edison remains internationally admired. It's exciting to see companies like SolarBridge continuing his legacy of challenging conventional thinking."
The ballot of nominees for the Edison Best New Product Awards is judged by 2,000 members of the not-for-profit Marketing Executives Networking Group (MENG), an organization comprising America's top marketing professionals and academics. In a comprehensive peer-review process, the nominees are judged on marketplace innovation, marketplace success, technological innovation, market structure innovation, societal impact and design innovation.
Winners of the Edison Awards were announced on April 5, 2011 at the historic Capitale ballroom in New York.
EE Times ACE Award Finalist
A significant portion of the electronics industry has begun the historic shift from information to energy technology. This trend will help sustain and expand several industry sectors. The energy technology award recognizes companies, such as SolarBridge, that have made the most significant contribution to this shift through the introduction of new concepts and products that help conserve energy or create new energy sources.
The 2011 EE Times ACE judges are leading voices from academia, industry and Wall Street. Winners will be announced at the EE Times ACE Awards Gala on May 3, 2011.
fundedIDEAS TOP 300 STARTUPS
The fundedIDEAS editorial team conducted a rigorous four-month selection process prior to inclusion. Rating each startup on 14 parameters - from strength of the management team, business model and execution strategy to industry and sector outlook - the organization deploys the most advanced methodology to establish the stability, sustainability and outlook of venture-funded startups by an eminent panel of business and industry leaders spanning the globe.
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Warwick UK (SPX) Apr 07, 2011
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