Latest news with #SolarEdgeTechnologies
Time of India
3 days ago
- Business
- Time of India
SolarEdge expands India operations with new R&D and Technology center in Bengaluru
SolarEdge Technologies , which is into smart energy technology, has expanded its presence in India with the inauguration of a new state-of-the-art R&D and Technology Center in Bengaluru , the company said on Wednesday. This expansion marks a significant milestone in SolarEdge 's support and local investment in the Indian solar energy market, it said. In a statement, the newly inaugurated facility is designed to support advanced research, product development, and technical operations, further enhancing SolarEdge's ability to serve the growing Indian PV sector. The center will also house expanded support and engineering teams, reinforcing the company's dedication to providing localised expertise and solutions. "India continues to be one of the most dynamic and promising solar markets globally. With the launch of our new R&D and Technology Center, we are not only investing in infrastructure but also in talent and innovation that will drive the next phase of solar growth in the region," Sanjay Puri , Country Manager of SolarEdge India said, while emphasising on the strategic importance of this expansion. According to the company, the new facility will play a key role in supporting SolarEdge's global innovation pipeline while addressing the unique needs of the Indian market. It will also serve as a hub for collaboration with local partners, distributors, and customers. SolarEdge established its Indian office in 2017, it added.
Yahoo
3 days ago
- Business
- Yahoo
Here is Why SolarEdge (SEDG) Plummeted Last Week
The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell by 16.61% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A technician installing a communication device in a large solar energy system. SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a global leader in smart energy technology. The company produces current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, the rest of Europe, and internationally. SolarEdge Technologies, Inc. (NASDAQ:SEDG) suffered a blow last week after President Trump's sweeping tax and spending bill passed through the House of Representatives, which may result in the termination of numerous subsidies that have supported the renewable energy sector and have devastating consequences for the rapidly expanding solar power industry. The rooftop solar industry is expected to suffer in particular, as the bill ends tax credits for installers that lease equipment to customers, in addition to eliminating a tax credit for homeowners who own their own panels. Consequently, SolarEdge Technologies, Inc. (NASDAQ:SEDG) crashed as its inverter sales are expected to take a hit from lower demand for rooftop solar. While we acknowledge the potential of SEDG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SEDG and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None.
Yahoo
4 days ago
- Business
- Yahoo
Here is Why SolarEdge (SEDG) Plummeted Last Week
The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell by 16.61% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A technician installing a communication device in a large solar energy system. SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a global leader in smart energy technology. The company produces current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, the rest of Europe, and internationally. SolarEdge Technologies, Inc. (NASDAQ:SEDG) suffered a blow last week after President Trump's sweeping tax and spending bill passed through the House of Representatives, which may result in the termination of numerous subsidies that have supported the renewable energy sector and have devastating consequences for the rapidly expanding solar power industry. The rooftop solar industry is expected to suffer in particular, as the bill ends tax credits for installers that lease equipment to customers, in addition to eliminating a tax credit for homeowners who own their own panels. Consequently, SolarEdge Technologies, Inc. (NASDAQ:SEDG) crashed as its inverter sales are expected to take a hit from lower demand for rooftop solar. While we acknowledge the potential of SEDG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SEDG and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
6 days ago
- Business
- Business Wire
SolarEdge Releases 2024 Sustainability Report, Highlighting Contributions Towards Meeting the Global Energy Demand Through Smarter, Safer, and more Efficient Technology
MILPITAS, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. ('SolarEdge' or the 'Company') (NASDAQ: SEDG), a global leader in smart energy technology, today announced the release of its 2024 Sustainability Report, detailing the progress made in the Company's sustainability strategy and representing its commitment to accountability and transparency to stakeholders. SolarEdge announces the release of its 2024 Sustainability Report, detailing the progress made in the Company's sustainability strategy and representing its commitment to accountability and transparency to stakeholders. Shuki Nir, Chief Executive Officer of SolarEdge: 'I am pleased to share our 2024 Sustainability Report, which reaffirms SolarEdge's long-term commitment to sustainable and responsible practices amid evolving industry dynamics. As global energy demand continues to rise, our advanced technologies are well positioned to support smarter, safer, and more efficient electricity use.' Some of the key highlights from the 2024 Sustainability Report include: Over 3.7 million homes are equipped with SolarEdge PV systems. Over 50% of Fortune 100 companies have SolarEdge technology on at least one of their rooftops. For the second straight year, SolarEdge was included in the 2025 Corporate Knights list of the top 100 sustainable corporations in the world. EcoVadis awarded SolarEdge with a 'Silver Medal' sustainability rating, placing the company in the top 15% of over 130,000 globally rated companies. ISS ESG rating among top 10% of highest rated companies in the Electronic Components sector. MSCI ESG Rating of A. Upper-tier scores in additional ESG ranking, full details here. 100% of manufacturing and R&D sites are certified to ISO standards for quality, environmental and safety management. Environmental Life Cycle Analysis (LCA) research completed for several key products. 10,000 Pupils taught EDGEUcate classes by SolarEdge employees, gaining knowledge of solar energy and sustainable practices. View SolarEdge's full 2024 Sustainability Report About SolarEdge SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, and grid services solutions. SolarEdge is online at
Yahoo
6 days ago
- Business
- Yahoo
SolarEdge Releases 2024 Sustainability Report, Highlighting Contributions Towards Meeting the Global Energy Demand Through Smarter, Safer, and more Efficient Technology
By the end of 2024, over 3.7 million homes were equipped with SolarEdge PV systems; Over 50% of Fortune 100 Companies have SolarEdge Technology on their Rooftops MILPITAS, Calif., May 27, 2025--(BUSINESS WIRE)--SolarEdge Technologies, Inc. ("SolarEdge" or the "Company") (NASDAQ: SEDG), a global leader in smart energy technology, today announced the release of its 2024 Sustainability Report, detailing the progress made in the Company's sustainability strategy and representing its commitment to accountability and transparency to stakeholders. Shuki Nir, Chief Executive Officer of SolarEdge: "I am pleased to share our 2024 Sustainability Report, which reaffirms SolarEdge's long-term commitment to sustainable and responsible practices amid evolving industry dynamics. As global energy demand continues to rise, our advanced technologies are well positioned to support smarter, safer, and more efficient electricity use." Some of the key highlights from the 2024 Sustainability Report include: Over 3.7 million homes are equipped with SolarEdge PV systems. Over 50% of Fortune 100 companies have SolarEdge technology on at least one of their rooftops. For the second straight year, SolarEdge was included in the 2025 Corporate Knights list of the top 100 sustainable corporations in the world. EcoVadis awarded SolarEdge with a 'Silver Medal' sustainability rating, placing the company in the top 15% of over 130,000 globally rated companies. ISS ESG rating among top 10% of highest rated companies in the Electronic Components sector. MSCI ESG Rating of A. Upper-tier scores in additional ESG ranking, full details here. 100% of manufacturing and R&D sites are certified to ISO standards for quality, environmental and safety management. Environmental Life Cycle Analysis (LCA) research completed for several key products. 10,000 Pupils taught EDGEUcate classes by SolarEdge employees, gaining knowledge of solar energy and sustainable practices. View SolarEdge's full 2024 Sustainability Report About SolarEdge SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, and grid services solutions. SolarEdge is online at View source version on Contacts PR Contact Lily SalkinHead of Public and Media Investor Contact JB LoweHead of Investor Relationsinvestors@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
