SolarEdge Technologies, Inc. (SEDG)
SolarEdge Technologies, Inc. is an Israeli multinational company specializing in solar energy optimization and photovoltaic (PV) system solutions. Founded in 2006, it designs and manufactures power conversion and management systems, including inverter systems, monitoring software, and energy storage solutions, aimed at maximizing solar power generation. SolarEdge is known for its innovative module-level power electronics, which improve system efficiency and safety for residential, commercial, and utility-scale solar installations.
Company News
Tech stocks experienced a third consecutive day of losses, with markets cautious ahead of Fed Chair Powell's upcoming speech. Weekly jobless claims rose, and solar stocks plunged after critical comments from Trump.
SolarEdge Technologies reported Q2 2025 revenue of $281.0 million, beating analyst estimates, with a non-GAAP net loss of $(0.81) per share. The company showed sequential revenue growth and margin improvement, but continues to face challenges from tariffs and demand weakness in Europe.
LiTime introduces its T5.0 technology platform for RV and marine lithium batteries, featuring open communication protocols, OTA updates, and seamless integration with energy systems, targeting the growing smart RV market.
Solar stocks plummeted after the U.S. Senate's version of the budget bill proposed phasing out tax incentives for rooftop solar and wind energy by 2028, leading to a sell-off in the sector.
Canadian Solar's e-STORAGE subsidiary has secured a contract to provide a 498 MWh battery energy storage system for Aypa Power's Bypass Project in Texas. This contract win will help Canadian Solar expand its footprint in the growing U.S. energy storage market.
