Search Results for: solaredge

SolarEdge buys Italian EV tech firm

Israeli solar systems company SolarEdge Technologies is buying Italian industrial machinery company SMRE.  SMRE manufactures integrated powertrain technology and electronics for electric vehicles. It is part of SolarEdge’s plans to expand into electric vehicles. https://www.calcalistech.com/ctech/articles/0,7340,L-3753695,00.html

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SolarEdge becomes a Unicorn

Israel’s SolarEdge Technologies, the world’s largest provider of solar power optimization units, has celebrated a financial milestone. The company has tripled its stock value in less than a year and at $1.2 billion it joins Israel’s growing number of Unicorn … Continue reading

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SolarEdge energy storage goes global

The StorEdge system from Israel’s SolarEdge Technologies is now available in Australia, Europe, South Africa, and the United States. With StorEdge, unused solar energy is stored in a battery and used when needed, and for power backup. SolarEdge also reported … Continue reading

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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 … Continue reading

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SolarEdge shines

SolarEdge, Israel’s latest company to float on the NASDAQ, raised $126 million and then rose in price from $18 to $22 in the first week. SolarEdge’s innovative products effectively allow solar panels to act independently of each other and thereby … Continue reading

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Exits, takeovers and mergers – to 14/4/24

Israel’s SolarEdge has acquired Israel’s Wevo Energy. Israel’s Nayax (global payments) has taken over Israel’s Roseman (fuel station & EV management systems). Israel’s Hub Cyber Security has acquired Israel’s Qpoint Technologies (IT solutions).

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Sun shines on solar energy acquisition

Israel’s SolarEdge has acquired Israel’s Wevo Energy. Wevo manages and optimizes EV charging sites with large quantities of EV chargers such as apartment buildings, workplace car parks and public charging locations across North America, Europe and the Middle East. https://wevo.energy/media/solaredge-acquires-wevo/

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The first Israeli-Saudi deal

Israeli-founded SolarEdge has signed an agreement with Saudi Arabia’s Ajlan & Bros Holding Group Abilitii. The two companies are to “explore investment in renewable energy,” according to the Saudi ministry. SolarEdge’s $14.7 billion market cap makes it one of Israel’s … Continue reading

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Ben Gurion Airport to run on solar power

Israel’s Ben Gurion International Airport has had an advanced solar energy system installed. The system has a capacity of about four megawatts and includes the innovative technology of Israel’s SolarEdge. The technology was installed by Electra Energy. https://www.israelnationalnews.com/news/356711

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Nine Israeli hi-techs in emerging top 100

Boston Consulting Group (BCG) included 9 Israelis in its 2020 list of top tech “global challenger” companies from emerging markets. For more details on CyberArk, IronSource, Landa, Monday.com, Or Cam, Payoneer, Playtika, SolarEdge and Wix, visit www.IsraelActive.com. https://www.calcalistech.com/ctech/articles/0,7340,L-3872871,00.html https://www.timesofisrael.com/9-israeli-companies-among-100-tech-emerging-market-challengers/

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