Having launched its ‘SolarMagic’ power optimizers for PV modules, National Semiconductor has acquired start-up Act Solar, Inc., which has developed diagnostic and PV panel monitoring technology for solar arrays. The purchase price was not revealed but the acquisition confirms recent stories that power management focused semiconductor manufacturers are looking seriously at various aspects of the solar industry to penetrate, especially in the field of smart grid applications.
“National Semiconductor is applying its ‘PowerWise’ capabilities to drive new energy generation and efficiency initiatives in the solar panel marketplace,” said Mike Polacek, Senior Vice President of National’s Key Market Segments. “Now with Act Solar we can further improve the performance and efficiency of solar systems, at the same time providing monitoring capabilities not available before. This will make solar installations more efficient and ultimately reduces the cost of solar energy for everyone.”
Act Solar now becomes part of the SolarMagic product range.