SolarEdge Technologies Inc - Company Profile
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SolarEdge Technologies Inc (SolarEdge) is a company specializing in optimized inverter solutions for photovoltaic systems. The company's main activities include the development and sale of DC optimized inverter systems that enhance power generation and reduce energy costs. SolarEdge's major products include inverters, Power Optimizers, energy management software, and storage solutions. The company is associated with notable brands such as SolarEdge ONE and SolarEdge Terramax. Its products serve a wide range of customers, including residential, commercial, and small utility-scale solar installations. The company primarily sells its products through a network of solar installers, distributors, and electrical equipment wholesalers. SolarEdge is headquartered in Herzliya, Israel.
Headquarters
Israel
Address
1 Hamada St., Pob 12001, Herzliya, Tel Aviv, 4672505
Website
www.solaredge.com
Telephone
972 995 76620
No of Employees
3,576
Industry
Alternative Energy
Ticker Symbol & Exchange
SEDG (NASD)
Revenue (2024)
$1.2B
31.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
77.6%
(2024 vs 2023)
Market Cap*
$2.0B
Net Profit Margin (2024)
XYZ
82.9%
(2024 vs 2023)
* As of and is in US$
SolarEdge Technologies Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Inverters | Storage Solutions | SolarEdge Terramax |
| Power Optimizers | Grid Services | SolarEdge ONE |
| Storage and Backup Systems | Professional Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In April, the company introduced new higher capacity commercial storage system in Europe and Asia. |
| 2025 | Contracts/Agreements | In October, the company partnered with Texture to demonstrate a scalable model for OEM-led grid programs. |
| 2025 | Contracts/Agreements | In August, the company and Schaeffler entered into a partnership to implement electric vehicle charging infrastructure and software across Schaeffler sites. |
Competitor Comparison
| Key Parameters | SolarEdge Technologies Inc | Schneider Electric SE | ABB Ltd | Sungrow Power Supply Co Ltd | SMA Solar Technology AG |
|---|---|---|---|---|---|
| Headquarters | Israel | France | Switzerland | China | Germany |
| City | Herzliya | Rueil-Malmaison | Zuerich | Hefei | Niestetal |
| State/Province | Tel Aviv | Haute Normandie | Zurich | Anhui | Hessen |
| No. of Employees | 3,576 | 162,970 | 112,700 | 19,006 | 3,659 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Avery More | Chairman | Executive Board | 2024 | 71 |
| Yehoshua (Shuki) Nir | Chief Executive Officer; Director | Executive Board | 2024 | 57 |
| Maoz Sigron | Chief Financial Officer | Senior Management | 2026 | - |
| Uri Bechor | Chief Operating Officer | Senior Management | 2019 | 55 |
| Ilan Yoscovich | Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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