SolarEdge announces record revenues in 2022
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.
Sunrise brief: SolarEdge ships battery cells to stationary energy storage market
Also on the rise: U.S. startup unveils portable solid-state lithium-ion battery for residential use. Inside the $455 billion U.S. investment in electric vehicles. And more.
SolarEdge ships battery cells to stationary energy storage market
The global inverter and storage manufacturer began shipping NMC pouches from its Sella 2, South Korea production line.
SolarEdge home battery joins Sunnova energy-as-a-service offering
The DC-coupled battery offers efficiency improvements over traditional batteries, which require three power conversions.
SolarEdge launches new power optimizers for commercial solar
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%.
SolarEdge investigated for alleged patent violation
The U.S. International Trade Commission launched the investigation following a lawsuit from power electronics competitor Ampt.
SolarEdge Home makes its North American debut
This new home energy management solution is the brains behind home energy generation, battery backup and EV charging.
Ampt lawsuit asks that SolarEdge remove inverters and controllers from market
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 expects to break more records in Q1
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.
Sunrise brief: SolarEdge $590 million capital raise “expands the war chest,” said ROTH
Also on the rise: Invasion of Ukraine an inadvertent boost for green hydrogen. 175MW Pike Solar and Storage Project cleared for construction in Colorado. Joint development agreement for light-optimizing, energy-producing modules designed to top agrivoltaic greenhouses. Barrio Solar wants to help Brooklyn homeowners go solar. While interconnection seen as a bottleneck to solar, three grid regions processed 25GW of solar interconnection requests last year. The 400MW Obsidian Solar Center in Oregon gets final approval. Research on semi-transparent organic photovoltaic filters for agrivoltaic greenhouses.
