SolarEdge has become the first vendor to meet the South Australian government's new dynamic export regulations, which aim to stabilise the grid with sophisticated yet remote cloud control technologies.
Energy asset manager Tesla 50Hz has signed a cooperation agreement with industrial properties developer Element Industrial to design and build 40MW of rooftop solar on ELI’s buildings across Romania.
Israel-headquartered smart energy technology company SolarEdge has acquired the entire share capital of UK-based Hark Systems, an energy analytics and internet-of-things (IoT) company. SolarEdge said that the acquisition will enable it to offer its corporate and industrial (C&I) customers increased capacity to manage their energy assets.
SolarEdge Technologies’ solar power optimisers and inverters could face an import ban into the US after the country’s International Trade Commission (ITC) said it would begin an investigation following a complaint filed by optimiser provider Ampt.
Inverter manufacture SolarEdge has posted record revenues and inverter shipments for Q2 as it benefited from strong demand for its products in the US and Europe, while addressing previous supply chain problems that had hampered performance in the previous quarter.
Inverter manufacturer SolarEdge benefited from high demand for its products in Europe to increase revenues to a quarterly record while navigating a shortage of electronic components.
SolarEdge Technologies is planning to carry out a public offering of 2 million shares of its common stock, with proceeds to potentially fund acquisitions.