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SEDG - SolarEdge Technologies, Inc
SolarEdge Technologies Inc (SEDG) is an Israel-based company that provides inverters, power optimizers, and monitoring systems for solar photovoltaic (PV) arrays. The company was founded in 2006 and is headquartered in Herzliya, Israel.
SolarEdge's products and services enable customers to maximize the performance of their solar PV systems while reducing the cost of energy. The company's core product is its DC optimized inverter system, which maximizes power generation at the individual PV module level and reduces the overall cost of the solar energy system.
SolarEdge's systems are used in residential, commercial, and large-scale solar PV projects. The company has a global presence, with operations in more than 133 countries and 37 subsidiaries worldwide.
In addition to its core business of providing inverters, power optimizers, and monitoring systems, SolarEdge has also expanded into the energy storage market with its StorEdge solution, which allows customers to store excess solar energy for later use.
As of September 2021, SolarEdge had a market capitalization of over $16 billion and had reported revenue of $4.4 billion in 2020. The company is traded on the NASDAQ stock exchange under the ticker symbol "SEDG".
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