As the world is increasingly concerned about climate change and its impacts on the environment, solar energy is providing one of the best options to combat growing energy usage. Solar energy has the least negative impact on the environment compared to any other energy source. It does not produce greenhouse gases and does not pollute the water. Users also benefit from lower bills as energy rates across the globe are soaring.
SolarEdge Technologies is an Israeli company making the transition to solar possible by developing and selling solar inverters for photovoltaic (PV) arrays, energy generation monitoring software, battery energy storage products, as well as other related products and services to residential, commercial, and industrial customers around the world.
Established in 2006, SolarEdge developed the DC-optimized inverter technology that changed the way power is harvested and managed in PV systems. This intelligent inverter solution maximizes power generation while lowering the cost of energy produced by the PV system, for improved returns on investment. Since beginning commercial shipments in 2010, SolarEdge has shipped over 31.6 gigawatts of its inverter systems and its products have been installed in over 2.6 million monitored PV systems in 133 countries globally.
While its proprietary inverter architecture has been critical in building its differentiated leadership position, SolarEdge continues to advance smart energy solutions, as it addresses a broad range of energy market segments through a diversified product offering.
SolarEdge is now benefiting from a tectonic shift in the energy market that is further boosted by exponential growth in worldwide usage of electricity and a transition from centralized, fossil fuel-based energy to clean, distributed, renewable energy.
Now focusing on several strategic pillars for growth including building its market share, and expanding to new segments, applications, and geographies, SolarEdge’s mission is to become the leading provider of inverter solutions across all PV market segments