SolarEdge Technologies Inc (SolarEdge) is a provider of optimized inverter solutions that enhance power generation and management in photovoltaic (PV) systems. The company specializes in DC optimized inverter systems that maximize power output and reduce energy costs, serving residential, commercial, and small utility-scale solar installations. Since its inception in 2010, SolarEdge has shipped approximately 56.2 gigawatts of its systems, with installations in over 145 countries. The company has expanded its offerings to include energy storage systems, smart energy management solutions, and software platforms for virtual power plants.

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SolarEdge devotes substantial resources to research and development (R&D) with the objective of developing new products and systems, adding new features, and reducing unit costs. The company's development strategy focuses on identifying software and hardware features, products, and systems that reduce costs and improve the effectiveness of solutions for customers. The effectiveness of R&D is measured by metrics including product unit cost, efficiency, reliability, power output, and ease of use. The company has a strong R&D team with wide-ranging experience in power electronics, semiconductors, power line communications and networking, chemical, mechanical, and software engineering. The R&D unit of SolarEdge is responsible for managing the company's research and development activities, focusing on developing new products and systems, adding new features, and reducing unit costs. As of December 31, 2024, SolarEdge had 595 issued patents worldwide and 393 patent applications pending for examination. A majority of the patents relate to DC power optimization and DC to AC conversion for alternative energy power systems, power system monitoring and control, battery technology, and management systems. In FY2024, the company spent US$277.2 million on R&D, which as a percentage of revenue, stood at 31% and decreased 13.8% YoY.