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Israel

Kayne Anderson Capital launches renewable energy index fund

With experience in the midstream oil and gas segment, Kayne Anderson is launching an index fund for listed renewable energy infrastructure companies.

Tigo Energy acquires predictive data analytics company FSIGHT

FSIGHT brings AI-driven analytics and prediction capabilities to Tigo, helping the company monetize smart meter data.

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.

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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.

Fast charging battery startup to launch research and development hub in California

StoreDot is opening the facility with the hope that the additional research and development capacity will allow the company to commercialize its battery products by 2024.

Solaredge records pandemic progress despite tough final quarter

Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.

SolarEdge boosted by record solar revenues in Europe and strong residential growth

Despite the pandemic, residential solar growth continues. Commercial solar, always the problem child, is having trouble coping with the virus.

SolarEdge stock jumps on Q2 revenue beat and solid earnings — despite Covid-19

SolarEdge was able to keep its streak of profitable quarters going — in what was expected to be a hard-hit quarter for solar. The company sees “signs of recovery in the U.S.”

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Morning Brief: Israel has released a plan to spend $23 billion on solar by 2030, one of the largest battery projects in the world gets approval

Also in the brief: As much as $600 billion could be invested in new solar generation between 2021 and 2025 worldwide, Duke Energy is set to construct the company’s first-ever solar facility on a retired landfill site and more.

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