diff --git a/homeassistant/components/solaredge_modbus/manifest.json b/homeassistant/components/solaredge_modbus/manifest.json
index 1970487ffc58..410f29fbb092 100644
--- a/homeassistant/components/solaredge_modbus/manifest.json
+++ b/homeassistant/components/solaredge_modbus/manifest.json
@@ -9,6 +9,6 @@
   "iot_class": "local_polling",
   "loggers": ["modbus_connection", "solaredged", "tmodbus"],
   "quality_scale": "bronze",
-  "requirements": ["solaredged==0.2.4"],
+  "requirements": ["solaredged==0.3.0"],
   "zeroconf": ["_solaredge-modbus._tcp.local."]
 }
diff --git a/requirements_all.txt b/requirements_all.txt
index 51aed97a018f..424d3243f40e 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -3129,7 +3129,7 @@ sofar-modbus==0.17.0
 solaredge-web==0.4.0
 
 # homeassistant.components.solaredge_modbus
-solaredged==0.2.4
+solaredged==0.3.0
 
 # homeassistant.components.solarlog
 solarlog_cli==0.7.1