SolarEdge Technologies, Inc. - Common Stock (SEDG)

SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (Nasdaq: SEDG), a global leader in smart energy technology, announced today the appointment of Asaf Alperovitz as Chief Financial Officer, effective immediately. Ariel Porat, who currently serves as the Company’s Chief Financial Officer, has taken a personal decision to step down from the role, and will remain with the company for a transition period to assist with a smooth handover.

SolarEdge Technologies, Inc. (Nasdaq: SEDG) a global leader in smart energy technology, today announced that its comprehensive U.S.-manufactured solar inverter portfolio has achieved Build America, Buy America (BABA) Act compliance, notably including its planned Commercial & Industrial (C&I) 480V product line. This milestone will enable participation in federal infrastructure projects, including federally funded grants and projects, while supporting domestic manufacturing and job creation across its facilities in Florida and Texas.

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the fourth quarter ended December 31, 2024 and full year ended December 31, 2024.

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, will report financial results for the fourth quarter and the full year ended December 31, 2024, before market open on Wednesday, February 19, 2025. Management will host a conference call at 8:00 A.M. ET on Wednesday, February 19, 2025, to discuss these results.

SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQSEDG) and Summit Ridge Energy (SRE), a leading commercial solar company, announced their partnership for the supply of SolarEdge’s inverters and Power Optimizers, domestically-manufactured in Tampa, Florida.

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced the appointment of Yoram Tietz and Gilad Almogy to its Board of Directors, effective January 6, 2025. Mr. Tietz has been appointed as chair the Board’s Audit Committee, while Mr. Almogy joined the Board’s Technology Committee.

P4B Solar is now offering solar panel installation to companies in the healthcare industry.

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced safe harbor agreements with two of the largest installers and financers of residential solar installations in the United States, as well as its second sale of §45X Advanced Manufacturing Production Tax Credits.

SolarEdge Technologies Inc. (NASDAQSEDG), a global leader in smart energy technology, today announced it is now shipping the new SolarEdge Home Battery 'USA Edition', completing its comprehensive portfolio of domestically manufactured solar and storage products designed to qualify for the Domestic Content Bonus Credit as currently guided by the U.S. Department of Treasury and the Internal Revenue Service.i

SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (Nasdaq: SEDG), a global leader in smart energy technology, today announced the appointment of Mr. Shuki Nir as the Company’s new Chief Executive Officer (CEO), effective immediately. Mr. Nir, who has served as SolarEdge’s CMO since June 2024, will succeed Mr. Ronen Faier, who has served as the Company’s Interim CEO since August 2024. Mr. Faier will stay on with the Company as an advisor during a transition period to ensure a seamless leadership transition. Mr. Nir is also replacing Mr. Zvi Lando as a member of the Board of Directors.

SolarEdge Technologies Inc. ("SolarEdge") (NASDAQSEDG), a global leader in smart energy technology, announces that its first commercial storage system for the German market is now available for order. Coupled with SolarEdge’s solar inverter and power optimizer solution, the new ‘CSS-OD’ battery offers commercial businesses a tightly integrated, high-efficiency solar and storage solution to maximize the economics of solar self-consumption.

SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (NASDAQSEDG), a global leader in smart energy technology, announced today that as part of its focus on its core solar activities, it will cease all activities of its Energy Storage division. This decision will result in a workforce reduction of approximately 500 employees, most of whom are in South Korea. The expected quarterly operating expenses savings due to the closure are approximately $7.5 million with the full run rate expected to be achieved by the second half of 2025. The Company intends to sell the assets related to the storage division activities including its manufacturing facilities for battery cells and packs. This does not impact the solar business sale of batteries for residential and C&I markets.

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2024.

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced that the Board of Directors (the “Board”) has elected Avery More as Chairman of the Board of Directors, replacing Nadav Zafrir, who will remain on the Board.

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced it closed its first transaction for the sale of §45X Advanced Manufacturing Production Tax Credits in consideration for approximately $40 million, net of discounts and fees. The Credits were generated by sales of eligible, U.S. made, inverters in the first half of 2024.

SolarEdge Technologies, Inc. (NASDAQSEDG), a global leader in smart energy technology, welcomes the U.S. Department of the Treasury’s release of final rules for the Advanced Manufacturing Production Tax Credit. Section 45X supports the Company’s rapid expansion of U.S. manufacturing capabilities, with two facilities now operational and producing inverters and power optimizers.

SolarEdge Technologies, Inc. (“SolarEdge” or “the Company”) (NASDAQSEDG), a global leader in smart energy technology, today announces that its portfolio of PV inverters has achieved early certificationi and compliance with the European Commission’s New Radio Equipment Directive (RED) Article 3.3 requirements for cyber security.

SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQSEDG), a global leader in smart energy technology, will report financial results for the third quarter ended September 30, 2024 after market close on Wednesday, November 6, 2024. Management will host a conference call at 4:30 P.M. ET on Wednesday, November 6, 2024 to discuss these results.

SolarEdge Technologies Inc. (“SolarEdge”) (NASDAQSEDG), a global leader in smart energy technology, demonstrates new capabilities of SolarEdge ONE for C&I cloud-based energy optimization platform for commercial and industrial solar applications at RE+ North America.

SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQSEDG), a global leader in smart energy technology, today unveiled its next-generation single-phase solar + storage solution at RE+. The new residential offering will integrate a scalable battery and a new solar inverter up to 11.5kW to provide highly flexible whole home backup to fit various types of home across the US.

SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQSEDG), a global leader in smart energy technology, announced that Zvi Lando has stepped down as SolarEdge’s Chief Executive Officer. The Company's Board of Directors has initiated a search for a new CEO with the support of a leading global executive search firm, and has appointed Ronen Faier, previously Chief Financial Officer, to serve as Interim Chief Executive Officer, effective today. Zvi Lando will remain a member of the Board of Directors. He will also serve as an advisor to the management team to support the leadership transition.

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the second quarter ended June 30, 2024.

SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQSEDG), a global leader in smart energy technology, announced today that Italian luxury fashion house TOD’S has expanded its deployment of solar energy with SolarEdge rooftop installations on its headquarters and its manufacturing facility in the Marche region, Italy, totaling 740 kWp.

Global clean tech leaders Kraken Technologies and SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQSEDG) are today announcing a strategic partnership to unlock low-cost, green energy for SolarEdge Home Battery customers around the world.

Macroeconomic headwinds and company-specific challenges drive a decline in solar stock prices.