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    Company Overview

    SolarEdge Technologies, Inc.

    Herzliya, Israel

    2006

    Approximately 5,300 employees globally (source: cbinsights.com). Market cap of $4.69 billion in 2023 (source: cbinsights.com).

    What They Do

    SolarEdge focuses exclusively on solar photovoltaic (PV) technology, offering a range of products including inverters, power optimizers, energy storage systems, EV chargers, and intelligent energy management software. Their innovative DC-optimized module-level power electronics (MLPE) enhance energy harvesting, particularly in challenging conditions such as shading or uneven terrain (source: solaredge.com). The company’s product offerings cater to various markets, including residential, commercial, and utility-scale solutions, ensuring maximum energy production and safety through advanced technologies like SafeDC rapid shutdown (source: solaredge.com). Target customers range from homeowners to large utilities, with a strong emphasis on long-term warranties and module-level visibility via monitoring platforms (source: solaredge.com).

    Projects & Track Record

    SolarEdge's technology powers tens of thousands of installations globally, significantly impacting the solar energy landscape. The acquisition of Distributed Solar Development (DSD) in 2021 allowed the company to enter the U.S. commercial and industrial solar development market, enhancing its project portfolio (source: dcfmodeling.com). In 2023, SolarEdge opened a manufacturing facility in South Carolina capable of producing 5 million solar panels annually, further solidifying its commitment to domestic production (source: dcfmodeling.com). While specific project names and capacities are not detailed, the company continues to expand its utility-scale optimized solutions for challenging sites, including agricultural and aquatic environments (source: solaredge.com).

    Recent Developments

    In January 2023, SolarEdge acquired Hark Systems, a European energy analytics and IoT firm, to enhance its software offerings and capabilities in energy management (source: wikipedia.org). The company also opened its U.S. solar panel manufacturing plant in South Carolina in 2023, which is expected to significantly boost its production capacity (source: dcfmodeling.com). However, in November 2024, SolarEdge made the difficult decision to close its Energy Storage division, impacting around 500 employees primarily in South Korea (source: wikipedia.org). Leadership changes have also occurred, with Shuki Nir appointed as the permanent CEO in December 2024, following the interim leadership of Ronen Faier (source: wikipedia.org).

    Working There

    SolarEdge offers a variety of roles across multiple departments, including R&D, marketing, sales, manufacturing, and software development. The company is actively hiring at its headquarters in Herzliya, Israel, as well as in its U.S. locations such as South Carolina and Milpitas, CA (source: solaredge.com). The culture at SolarEdge emphasizes innovation and safety, with a strong focus on developing cutting-edge DC-optimized technologies that are trusted in over 140 countries (source: solaredge.com). While specific employee benefits are not detailed, the company provides a supportive environment for professional growth and development, particularly in the renewable energy sector (source: solaredge.com).

    Contact


    Last updated on 2025-12-27 | Report an issue

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