SolarEdge Technologies Inc

Overview

SolarEdge Technologies Inc (SolarEdge) is a provider of intelligent inverter solutions for the photovoltaic (PV) industry. The company provides module-level power electronics for solar power harvesting and monitoring. Its system provides power optimizers, inverters, storage solutions, and a cloud-based monitoring platform and caters for residential, commercial, and utility-scale solar PV installations. The company also offers support for the commercial PV project life cycle, including project design and pre-sale, project execution, and operation and maintenance. SolarEdge markets its products to solar installers and engineering, procurement and construction firms and through integrators and distributors. The company has operations across North America, Europe, the Middle East and Africa, and Asia. SolarEdge is headquartered in Herzilya, Tal Aviv, Israel.
Key Stats
Address
1 HaMada St., POB 12001, HERZLIYA, Israel
Headquarters

Israel

Contact

972 9 9576620

No of Employees

3,174

Industry

Alternative Energy

Ticker Symbol & Exchange​

SEDG [NASD]

Revenue (2020)

$1,459 m

2.3% (2020 vs 2019)
Net Income (2020)

$140 m

-4.5% (2020 vs 2019)
Net Profit Margin

10 %

-6.4% (2020 vs 2019)
Market Cap *

$14,333 m

EPS *

$2.7

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters SolarEdge Technologies IncSchneider Electric SEABB LtdSMA Solar Technology AG
Key Information
Headquarters Israel France Switzerland Germany
Headquarter City HERZLIYA RUEIL-MALMAISON ZUERICH NIESTETAL
Headquarter State/Province - - - -
No. of Employees 3,174 155,466 105,600 3,452
Entity Type Public Public Public Public

Products & Services

SolarEdge is a renewable energy company. Major products and services offered by the company include the following:

Products
  • Power Optimizers
  • Inverters
  • Monitoring Software
  • Vitae Eget Libero
Services
  • Project Design and Pre-sale
  • Project Execution
  • Operation and Maintenance
  • Etiam Rutrum Elit
Brands
  • StorEdge
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Meir Adest Chief Product & Information Officer Senior Management 2020 - Mr. Meir Adest has been the Chief Information Officer of the company. Prior to this, he served as the Vice...
Yogev Barak Chief Marketing Officer Senior Management 2020 - Mr. Yogev Barak serves as Chief Marketing Officer at the company since 2020. Prior to this, he served as Head...
Zvi Lando Director; Chief Executive Officer Executive Board 2020 56 Mr. Zvi Lando has been the Chief Executive Officer, Director and Vice President of Global Sales of the company since...
Nadav Zafrir Chairman Executive Board 2019 50 Mr. Nadav Zafrir has been the Chairman of the company since 2019. Prior to this, Co-founder and Managing Partner of...
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History

Year Event Description
2021 Contracts/Agreements In February, the company entered into a supply agreement with Sunrun to offer SolarEdge’s PV…
2020 Contracts/Agreements In February, the company and Enfindus entered into a partnership to supply inverters for European…
2019 Acquisitions/Mergers/Takeovers In January, the company entered into an agreement to acquire S.M.R.E Spa, a provider of…
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Locations


SolarEdge Technologies (France) SARL

Address

129 rue Servient, Lyon
France

Telephone

33 4 78637929

S.M.R.E S.p.A.

Address

Piazza Antonio Meucci, 1 Loc. Montecastelli, Umbertide
Italy

Telephone

39 075 930 65 00

Website

www.smre.it

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
22 Oct 2020 Schneider Electric Forms Partnership with SolarEdge Partner Partnership Schneider Electric SE; SolarEdge Technologies Inc
23 Sep 2020 SolarEdge Technologies Prices Private Placement of 0.00% Notes Due 2025 for USD550 Million Debt Offering SolarEdge Technologies Inc
30 Jun 2020 BlackRock Acquires Additional 3% Stake in SolarEdge Technologies for USD175 Million Private Equity BlackRock Inc SolarEdge Technologies Inc
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09 May 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

7

Active Jobs

0

Posted

0

Closed

Job Trends

Latest Jobs

Job title Company Country
Regional Sales Manager SolarEdge Technologies Inc United States
Senior Financial Analyst SolarEdge Technologies Inc United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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