SolarEdge is worth $1.5 billion

The share price of Israel’s SolarEdge has more than doubled since its March NASDAQ listing, valuing the company at $1.5 billion. Revenue grew nearly 18% last quarter. SolarEdge has just released a new solar energy storage system for residential buildings and expanded its commercial products.

http://www.solaredge.com/articles/solaredge_presents_storedge_solutions_and_expanded_commercial_inverter_offering_at_intersol   http://www.globes.co.il/en/article-solaredge-doubles-value-since-ipo-1001043319

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