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SolarEdge revenue was $3.1 billion in 2022, up 58% year over year from 2021. The company expects revenues for Q1 2023 to be within the range of $915 million to $945 million, continuing its profitable growth momentum.
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The global inverter and storage manufacturer began shipping NMC pouches from its Sella 2, South Korea production line.
The DC-coupled battery offers efficiency improvements over traditional batteries, which require three power conversions.
The Israel-based power electronics specialist has unveiled two new optimizers. Both have a rated input DC power of 1,2 kW, maximum efficiency of 99.5%, and weighted efficiency of 98.8%.
The U.S. International Trade Commission launched the investigation following a lawsuit from power electronics competitor Ampt.
This new home energy management solution is the brains behind home energy generation, battery backup and EV charging.
Ampt posits that all of SolarEdge’s technology is in violation of patents controlled by the Colorado company, and that they should be required to immediately cease all sales.
SolarEdge has reported record revenue in its latest three-month update and expects to have even more business in the second quarter, even if gross margin and profit has declined.
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