Optimise Your O&M Procedures with Improved PV Asset Management Updated On Fri, Mar 29th, 2019 by Saurenergy Implementing a solar plant dashboard for reduced Operation & Maintenance (O&M) costs and increased profitability Would the average consumer invest in the stock market without real-time insight into financial performance? Not a chance. We live in a world that craves information, preferably easily accessible and digestible information, especially when it relates to a major financial […] Read more
SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn Updated On Thu, Feb 21st, 2019 by Saurenergy However, the company’s net income dropped 34% in Q4 at USD 12.9 million, from USD 19.5 million in the same period a year ago. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 39 percent in its total revenue at USD 263.7 million during the fourth quarter of FY 2018, as against USD […] Read more
SolarEdge’s EV-Charging Inverter Wins 2018 BIG Awards for Business Updated On Fri, Nov 16th, 2018 by Saurenergy SolarEdge has developed the world’s first EV-charging solar inverter which offers the fastest AC EV charging rates by supplementing grid power with PV power. Israel-based SolarEdge Technologies has received the ‘New Product of the Year Award’ for its EV-charging inverter in the Energy Category. It is a winner of the 2018 BIG Awards for Business. The company […] Read more
SolarEdge Announces Third Quarter 2018 Financial Results Updated On Fri, Nov 2nd, 2018 by Saurenergy SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95 Non-GAAP net diluted EPS of $0.86 […] Read more
SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
SolarEdge Unveils EV Charging Station at Intersolar Europe Updated On Wed, Jun 20th, 2018 by Saurenergy Now, the company will also provide standalone EV charger that offers greater system design flexibility, specifically for sites where the inverter and EV charger cannot be installed at the same location. Israel-based inverter solutions provider SolarEdge Technologies has unveiled its residential Electric Vehicle (EV) charging station at Intersolar Europe. Now, the company will also provide standalone […] Read more
SolarEdge Files Patent Infringement Lawsuit against Huawei, German Distributor Updated On Tue, Jun 19th, 2018 by Saurenergy The lawsuit was filed in the Regional Court of Mannheim in Germany which is one of the most pre-eminent German patent courts, asserts unauthorized use of patented technology, which is prohibited by law. Israel-based inverter solutions provider SolarEdge Technologies has filed a lawsuit for patent infringement against China-based Huawei Technologies Co Ltd, German entity Huawei […] Read more
SolarEdge Launches Large-Capacity Three Phase Inverters Updated On Thu, Jun 14th, 2018 by Saurenergy The launch of new products would mean the improvement in scalability and performance of its commercial PV systems of SolarEdge. In order to expand its commercial solution, SolarEdge Technologies is launching larger-capacity three-phase inverters with synergy technology and a multi-input power optimizer. The launch of new products would mean the improvement in scalability and performance […] Read more
SolarEdge Revenue Surges 82% at $209.9 Mn in Q1 Updated On Fri, May 11th, 2018 by Saurenergy Strong first quarter results with record revenues and record profitability, despite the traditional seasonal slowdown and continued industry wide components shortages, says Guy Sella. Israel-based inverter solutions provider SolarEdge Technologies reported its robust total revenue jumped by 82 percent at USD 209.9 million in the first quarter of 2018 from USD 115.1 million last year, and rose 11 […] Read more