Israel

SolarEdge built it, the buyers followed

During the second quarter SolarEdge increased manufacturing capacity by 25% and shipped over 3.7 million optimizers, which totaled over 1.3 GWac. This upped revenue 43% year on year, and company officials say they are highly confident in their even larger projected ~70% Q3 revenue growth.

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SolarEdge achieves one million monitored systems

Just two years after reaching 500,000 monitored PV systems, SolarEdge has doubled the mark; one million for anybody keeping score at home.

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OK Google, what is SolarEdge’s energy vision?

SolarEdge has recently purchased an Italian EV system manufacturer, a South Korean battery maker, an Israeli UPS producer, internally developed a virtual power plant grid service, and now they’re working with Google to integrate energy management tools into Google Assistant.

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SolarEdge readying home energy storage product, breaks 1 GW shipped

In a slow global solar market, SolarEdge grew total shipments 44% year-over-year, expanded its presence in the C&I market, and grew global sales. Margins did slip, and growth rates were slower.

SolarEdge charges into storage market with Kokam acquisition

The power electronics maker will buy 75% of Kokam’s shares for $88 million, with an intent to acquire the remainder thereafter. Strategic company acquisitions and close partnerships are characterizing this year’s inverter market, as companies seek to diversify and integrate storage systems and other technologies.

Record quarter for SolarEdge: 22% growth in Q3

Revenue for the power electronics company rises 22% sequentially in third quarter to reach $167 million, with more than 676 MW of inverters shipped

SolarEdge Q2 2017 financials show record 35% gross margin

Israeli module level power electronics firm posts highest gross margin to date despite slowdown in U.S. residential market, which remains the firm’s chief revenue stream.

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