I don't know if it's wise to disconnect using a relay/contactor while under load.
Yes I agree. In my case I have a standard large 300A DC cct breaker, along with this solenoid in series ... and under normal circumstances I turn off the AC output from the inverter ... then switch off the DC supply via the kilovac.
If you must do this under load, you should use a proper DC breaker with an arc chute, that will pull the arc away from the contacts while the power is being broken.
These solenoids are used widely in the EV industry and switch huge DC currents constantly.
They're rated for 500A+ between 12-900V DC ... and 2,000A interrupt at 320V DC. The contacts are hermetically sealed, so far less likely to oxidise and arc etc. I'm certainly more comfortable in flicking this off in an emergency if I had to, than the DC cct breaker.