SolarEdge Technologies Inc - Company Profile
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SolarEdge Technologies Inc (SolarEdge) is a provider of intelligent inverter solutions for the photovoltaic (PV) industry. The company provides module-level power electronics for solar power harvesting and monitoring. Its system provides power optimizers, inverters, storage solutions, and a cloud-based monitoring platform and caters for residential, commercial, and utility-scale solar PV installations. The company also offers support for the commercial PV project life cycle, including project design and pre-sale, project execution, and operation and maintenance. SolarEdge markets its products to solar installers and engineering, procurement and construction firms and through integrators and distributors. The company has operations across five continents including North and South America, Europe Africa, Asia, and Australia. SolarEdge is headquartered in Herzilya, Tel Aviv, Israel.
SolarEdge Technologies Inc premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Power Optimizers | Project Design and Pre-sale | StorEdge |
Inverters | Project Execution | |
Monitoring Software | Operation and Maintenance | |
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 |
---|---|---|
2024 | Acquisitions/Mergers/Takeovers | In April, the company acquired Wevo Energy Ltd. |
2024 | Financing Agreements | In March, the company invested in a software start-up, AMPEERS ENERGY. |
2024 | New Products/Services | In March, the company introduced the first Commercial Storage System for PV applications in Italy. |
Competitor Comparison
Key Parameters | SolarEdge Technologies Inc | Schneider Electric SE | ABB Ltd | Enphase Energy Inc | SMA Solar Technology AG |
---|---|---|---|---|---|
Headquarters | Israel | France | Switzerland | United States of America | Germany |
City | Herzliya | Rueil-Malmaison | Zuerich | Fremont | Niestetal |
State/Province | Tel Aviv | Haute Normandie | - | California | Hessen |
No. of Employees | 5,633 | 168,044 | 107,900 | 3,157 | 4,377 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Nadav Zafrir | Chairman | Executive Board | 2019 | 51 |
Zvi Lando | Chief Executive Officer; Director | Executive Board | 2020 | 57 |
Ronen Faier | Chief Financial Officer | Senior Management | 2011 | - |
Uri Bechor | Chief Operating Officer | Senior Management | 2019 | - |
Ilan Yoscovich | Chief Technology Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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