SALT LAKE CITY--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge” or “the Company”) (Nasdaq: SEDG), a global leader in smart energy technology, today announced the ramp up of its new manufacturing site in Salt Lake City, Utah. The site started manufacturing and shipping the SolarEdge ‘USA Edition' Home Battery in Q1, marking a key milestone in the company's commitment to strengthening its domestic supply chain and supporting U.S. energy independence. This new manufacturing site reflect.
The latest trading day saw SolarEdge Technologies (SEDG) settling at $23.98, representing a +2.92% change from its previous close.
SolarEdge Technologies (NASDAQ:SEDG) shares experienced a significant surge on Tuesday, rising nearly 12% after a noteworthy analyst upgrade. The stock has also increased by 50% year-to-date.
Solar Industry | Energy Sector | Mr. Yehoshua Nir CEO | XWBO Exchange | US83417M1045 ISIN |
IL Country | 3,961 Employees | - Last Dividend | - Last Split | 26 Mar 2015 IPO Date |
SolarEdge Technologies, Inc., founded in 2006 and based in Herzliya, Israel, stands at the forefront of solar innovation, offering comprehensive DC optimized inverter systems for solar photovoltaic installations. With operations spanning the United States, Germany, the Netherlands, Italy, the rest of Europe, and other international markets, the company has carved a niche in the solar and energy storage segments. SolarEdge's broad array of products serves residential, commercial, industrial, and utility clients, providing solutions that encompass power optimization, energy storage, electric vehicle charging, and smart energy management. Beyond manufacturing and selling, SolarEdge emphasizes robust support through pre-sales guidance, ongoing training, and after-installation technical assistance, ensuring stakeholders maximize the benefits of solar energy.