SolarEdge Technologies Inc - Company Profile
Powered by 
All the data and insights you need on SolarEdge Technologies Inc in one report.
$295
- Save hours of research time and resources with
our up-to-date SolarEdge Technologies Inc Strategy Report
- Understand SolarEdge Technologies Inc position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
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.
Headquarters
Israel
Address
1 Hamada St., Pob 12001, Herzliya, Tel Aviv, 4673335
Website
www.solaredge.com
Telephone
972 9 9576620
No of Employees
5,633
Industry
Alternative Energy
Ticker Symbol & Exchange
SEDG (NASD)
Revenue (2022)
$3.0B
-4.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-63.4%
(2022 vs 2021)
Market Cap*
$3.7B
Net Profit Margin (2022)
XYZ
-61.9%
(2022 vs 2021)
* As of and is in US$
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 |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward