SolarEdge Technologies, Inc.
SEDGSolarEdge 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
Global solar inverter market expected to grow from $12.81 billion in 2023 to $24.40 billion by 2029, with an 11.34% CAGR. Market driven by renewable energy development, infrastructure growth, and government policies, with Asia Pacific leading market expansion.
SolarEdge Technologies reported strong Q3 results with 18% sequential and 44.5% year-over-year revenue growth, beating consensus estimates. The company also announced a collaboration with Infineon to develop next-generation solid-state transformer technology for AI and hyperscale data centers.
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.
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.
