solaredge

Israel-headquartered solar inverter supplier SolarEdge has announced that it will lay off about 900 employees to reduce operating expenses.

SolarEdge has posted a downturn in Q3 financial results, which it attributed to a “slow market environment, in particular in Europe”.

Solar inverter producer SolarEdge's revenue in the third quarter of 2023 is expected to be about 20% lower than consensus due to cancellations and pushouts of existing backlog from European distributors.

Some highlights in pictures of the latest edition of RE+ 2023 that was held in Las Vegas earlier this September.

Solar inverter producer SolarEdge has unveiled a new PV energy optimisation software system aimed at business owners and the corporate & industrial (C&I) solar sector.

SolarEdge has launched its latest product, a 330kW inverter, alongside a “complementing” H1300 power optimiser.

US solar prices per watt increased to US$2.9 in the first half of 2023, representing a 1.8% increase from H2 2022.

Israeli solar inverter manufacturer SolarEdge posted strong financial results for the second quarter of 2023 with record revenues from the solar segment of US$947.4 million.

Israeli solar inverter manufacturer SolarEdge posted strong Q1 2023 financial results with record revenues and shipments, building on a less profitable 4th quarter.

Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year.