SolarEdge battery closures to enable focus on ‘core solar’ and ‘solar-tied batteries’, says CEO

By Andy Colthorpe
Facebook
Twitter
LinkedIn
Reddit
Email
“Storage activity that is not PV-focused is out of our focus area at this time,” said SolarEdge interim CEO Ronen Faier. Image: SolarEdge.

SolarEdge interim CEO Ronen Faier has spoken about the closure of the company’s utility-scale battery storage manufacturing business.

Faier responded to Energy-Storage.news’ enquiry relating to the news this week that SolarEdge will close down its Energy Storage Division, which was also covered by PV Tech.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The move results in the company cutting total headcount by about 12%, laying off around 500 staff, mostly in manufacturing positions in South Korea, early next year.

With SolarEdge in an ongoing restructuring and seeing a slump in shipments for its core inverter and PV optimiser businesses, the NASDAQ-listed Israeli company is shifting away from non-PV-related energy storage activities.

Faier confirmed that the division’s closure means the total exit from battery cell and pack manufacturing with the Sella 2 factory in South Korea shuttered ahead of the sale of assets. The factory, named after SolarEdge’s late founding CEO Guy Sella, opened in 2022.

Asked whether the move in any way signifies the importance of sourcing batteries made by domestic suppliers for the US market as some media had speculated, Faier said this was not the case, reiterating instead that it “represents a focus on our PV inverter and batteries business and hence the decision to close the non-PV battery cell and utility battery systems [business]”.

“Storage activity that is not PV-focused is out of our focus area at this time,” Faier said.

“The energy storage division that we are closing, given that it is utility-scale focused, is a different market than the core solar, solar-tied batteries and energy management capabilities that we are focusing on in the residential and commercial segments.”

Read the full version of this story on Energy-Storage.news.

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.

Read Next

September 17, 2025
US renewables developer Longroad Energy has reached financial close for its 400MW 1000 Mile solar project in the US state of Texas.
September 17, 2025
Nexamp has secured US$350 million through a long-term financing facility to expand its 6GW utility-scale solar and battery storage pipeline in the US. 
September 16, 2025
The Philippines has commissioned the Batangas 1 project, the country's first to combine agriPV with a battery energy storage system (BESS).
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 12, 2025
Colombian energy supplier Celsia is seeking more than US$1.2 billion in investment to build wind and solar generation projects in Peru. 
September 12, 2025
ACME Venus Urja has secured INR3.8 billion (US$43 million) to develop and construct a solar-plus-storage project in Barmer, Rajasthan.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA