SolarEdge
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Solar
Struggling SolarEdge Technologies Will Cut 400 Jobs
SolarEdge Technologies said it would lay off about 400 workers, including 200 in its home country of Israel, as the company tries to become more financially stable. SolarEdge on July 15 announced the job cuts in a letter to employees. The company, which said it had about 4,600 workers prior to the layoffs, had announced […]
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Solar
SolarEdge Slashing 900 Jobs in Cost-Cutting Move
Israel-headquartered SolarEdge Technologies is expected to cut about 900 jobs from its global workforce as the company seeks to reduce operating costs. SolarEdge on Jan. 21 said it would lay off about 16% of its employees. CEO Zvi Lando in a statement said, “We have made a very difficult, but necessary decision to implement a […]
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Solar
Report: U.S. Adds 33 GW of New Solar Capacity in 2023
A new report from the Solar Energy Industries Association (SEIA) and the Wood Mackenzie research group said the U.S. solar sector is expected to add a record 33 GW of new generation capacity in 2023, a 55% increase from 2022. The groups said that even with growth expected to slow over the next year due […]
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Solar
Technology Advancements Support Distributed Solar Generation
Upgraded equipment, new software, and innovations to serve both residential, and commercial and industrial customers are changing the solar power industry. Decentralized power generation continues to grow
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Press Releases
SolarEdge Introduces Solar-Attached EV Management Solution for the Commercial and Industrial Segment
MILPITAS, Calif. – June 5, 2023 – SolarEdge Technologies, a global leader in smart energy technology, today announced the launch of a solar-attached Electric Vehicle (EV) management solution for the Commercial and Industrial (C&I) segment. The new software-based solution, which further expands SolarEdge’s growing suite of C&I-focused products and software, manages and optimizes the EV […]
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Solar
Power for the People: Community Solar Project Achieves High Efficiency and Good Return on Investment
A 6.2-MW solar farm in Foster, Rhode Island, provides 3.35 GWh per year of clean, renewable energy for more than 700 community solar subscribers. The state of Rhode Island has ambitious targets for renewable energy production, including from solar. Many residents—especially those with the most to gain from cost-savings linked to solar power—are unable to […]
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Press Releases
SolarEdge and Sunnova Expand Partnership to Include SolarEdge Home Battery in Sunnova’s Energy as a Service Portfolio
HOUSTON, Texas and MILPITAS, Calif.— January 10, 2023 – SolarEdge Technologies, a global leader in smart energy technology, and Sunnova Energy International, a leading U.S. Energy as a Service (EaaS) provider, today announced the expansion of their long-standing partnership with the addition of the SolarEdge Home Battery to the Sunnova EaaS portfolio. The expansion of the […]
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Press Releases
SolarEdge to Acquire Hark Systems, a European-Based Energy Analytics and IoT Company
LEEDS, United Kingdom and MILPITAS, California – January 3, 2023 – SolarEdge Technologies Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, announced today that it has entered into a definitive agreement to acquire the entire share capital of Hark Systems Ltd. (“Hark”). Founded in 2016 and based in Leeds, UK. Hark offers […]
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Press Releases
Schneider Electric and SolarEdge Partner to Accelerate Residential Solar Market with Smart Home Energy Solution
BOSTON, Mass., October 22, 2020 – Schneider Electric today announced a technological and commercial partnership with SolarEdge Technologies Inc. for North America that will accelerate the residential solar market and provide homeowners with seamless energy management for smart homes of the future. The partnership marries Schneider Electric’s expertise in energy distribution and automation solutions with […]
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Press Releases
LG Chem Unveils New Full Home Backup Solution in Cooperation with SolarEdge
SEOUL, South Korea (July 21, 2020) — LG Chem, South Korea’s leading manufacturer of advanced lithium-ion batteries, has once again joined forces with SolarEdge Technologies, Inc. (SolarEdge), a global leader in smart energy, to bring compatibility with the LG RESU10H (400V, 9.8kWh) home battery. By incorporating SolarEdge’s single phase Energy Hub Inverter and backup interface, […]