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SolarEdge Expanding Activity and Presence in the Brazilian PV Market

New commercial and residential PV solutions to be presented at Intersolar South America SÃO PAULO: SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, announced today that it is further expanding its activity and presence in the Brazilian PV market. Supporting the local market in its development, SolarEdge is offering its industry-leading […]

SolarEdge Announces Leave of Absence of CEO and Founder, Guy Sella; Board of Directors Has Appointed Zvi Lando as Acting CEO

HERZLIYA, Israel: SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), announced today that in the past few days, Co-Chairman, CEO and founder, Mr. Guy Sella’s previously disclosed health condition has declined significantly. In that connection, he has taken a leave of absence, effective immediately, to address his health issues. The Board of Directors has announced that Mr. […]

SolarEdge Appoints Chief Operating Officer

Herzliya, Israel: SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, announced today the appointment of Mr. Uri Bechor as Chief Operating Officer. Mr. Bechor brings to SolarEdge over twenty years of experience serving in both senior vice president and GM level roles at Flextronics International Ltd. In his last position, […]

BloombergNEF Awards Sungrow a 100% Bankability Rating

HEFEI, China : Sungrow, the global leading inverter solution supplier for renewables, announced that it was rated “100% bankable” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects using Sungrow inverters are more likely to obtain non-recourse debt financing from banks compared to other competitors. The BloombergNEF bankability survey asked banks, developers […]

Sungrow Supplies Argentina’s Largest Solar Plant with 1500Vdc Central Inverter Solutions

CAFAYATE, Argentina: Sungrow, the global leading inverter solution supplier for renewables, announced that a 100.1 MWp solar plant utilizing the Company’s 1500Vdc central inverter solutions came online in Cafayate, Salta Province, Argentina, demonstrating the Company’s dedicated contribution to the largest solar plant in one of LATAM’s most booming solar energy regions. The project is located […]

The Management Board of SMA Solar Technology AG forecasts significant revenue and earnings growth for the months to come in the first half of the year, as anticipated to be subdued

Sold inverter power with 4.0 GW below previous year’s level (H1 2018: 4.3 GW) Sales of 362.7 million euros (H1 2018: 394.6 million euros) and operating earnings before depreciation, interest and taxes (EBITDA) of 8.5 million euros (H1 2018: 40.9 million euros) Balance sheet stability thanks to solid equity ratio of 41.9 percent (December 31, […]

Growatt Looks to Expand Business in Telangana and Andhra Pradesh

SHENZHEN, China: Growatt held a product launch ceremony in Telangana of India on July 5 with support from 3S Solutions. A large crowd of installers, EPCs and system integrators from across the region joined the event. Mr. Neelam Janaiah, managing director from TSREDCO (Telangana State Renewable Energy Development Corporation Ltd.) attended the event and gave a keynote speech, […]