SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, has announced that it will be expanding its StorEdge solution with the launch of new inverters optimized for the combined management of solar, storage, and home energy. The company will also preview its own commercial and residential batteries to complement its smart solar […]
Smart future for renewables: ees Europe lands in Germany this week
An annual highlight of the already-packed renewable energy industry calendar, Intersolar Europe brings tens of thousands of people to Munich each year to do business in the glorious Bavarian sunshine. Yet even there the sun occasionally fails to do its own business, which is a vaguely humorous way of saying that, by logical extension, the […]
SolarEdge Announces First Quarter 2019 Financial Results
FREMONT, Calif.: SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the first quarter ended March 31, 2019. First Quarter 2019 Highlights Record revenues of $271.9 million Record revenues from solar products of $253.1 million GAAP gross margin of 31.7% Non-GAAP gross margin from sale of […]
SolarEdge Hauls in Record Revenues Following Recent Non-Solar Acquisitions
Branching beyond its mainline solar operations, SolarEdge is spending money integrating recent acquisitions running from batteries to electric vehicle drivetrains. SolarEdge’s core solar microelectronics business helped deliver record-breaking revenues in the first quarter of 2019, even as integration costs related to the company’s string of recent acquisitions weighed on its earnings. SolarEdge reported revenues of […]
SolarEdge’s Inverters Comply with RFG Code
SolarEdge inverters comply with the EU’s 2016/631 Code, also referred to as requirement for generator (RFG), calling for the establishment of a network code with power requirements for power generators. The Code, effective as of April 27th, 2019, introduces new technical requirements, including the provision of reactive power, regulation of battery-systems for grid support, and […]