solaredge

SolarEdge has closed its utility-scale battery storage division, resulting in a layoff of roughly 12% of its total workforce.

Cormac Gilligan of S&P Global said macro market forces have combined with technology shifts to impact the fortunes of inverter producers.

The tax credits, which amount to nearly US$40 million, were generated by sales of PV inverters made in the US during the first half of 2024.

Zvi Lando had been in the post for five years and served as SolarEdge’s VP of global sales for ten years prior to that.

Israel-headquartered solar inverter supplier SolarEdge has reported a quarterly decline in shipments in the second quarter of 2024 with 873MW.

SolarEdge has unveiled new inverters, and a new operations and management (O&M) platform, at Intersolar Europe 2024.

After a steep decline in inverter shipments in the last quarter of 2023, Solaredge has started the first quarter of 2024 with an increase to 946MW.

Solar inverter supplier Solaredge has acquired Wevo Energy, an electric vehicle (EV) charging software startup.

Israel-headquartered inverter provider Solaredge and the regional council of the Scania region, in southernmost Sweden, will develop a pilot agri-pv project to trial the technology in Swedish conditions.

SolarEdge's shipments declined sharply as it only shipped 901MWac of inverters in Q4 2023, down by 76.5% from 3,841MWac in Q3 2023.