SolarEdge Technologiesa

What SolarEdge Technologiesa does

SolarEdge Technologies is a smart energy technology company that designs and manufactures DC-optimized inverter systems with module-level power electronics (MLPE) for solar power harvesting. Founded in 2006 in Herzliya, Israel, and listed on NASDAQ as SEDG, the company serves residential, commercial/industrial, and utility-scale solar markets across 140+ countries through a network of more than 1,000 wholesale distributors, direct enterprise sales teams, and EPC partnerships. Its core technology combines module-level power optimizers (which perform MPPT at each panel to increase energy harvest by up to 25% versus conventional string inverters) with HD-Wave string inverters achieving up to 99.2% weighted European efficiency, complemented by SafeDC safety technology and Sense Connect arc fault detection. The product portfolio spans the SolarEdge Home residential ecosystem (inverters, batteries, EV chargers, smart energy devices), Nexis SiC-based systems, CSS-OD commercial storage, TerraMax utility-scale inverters, and the SolarEdge ONE energy optimization platform managed through the mySolarEdge cloud monitoring platform covering 3.5+ million installations.

Revenue is generated primarily through hardware sales of inverters, power optimizers, batteries, and EV chargers (approximately 75% of 2025 revenue flowed through wholesale distribution), supplemented by recurring revenue from data plan subscriptions ($44.99-$249.99/year depending on system size), extended warranty services (up to 25 years), and grid services participation including a battery virtual power plant supporting National Grid ESO in Great Britain. The company reported FY2025 revenue of $1.18 billion with positive free cash flow of $76.9 million, recovering from a 70% revenue decline in FY2024 (to $901.5M) and still well below the FY2023 peak of $2.98 billion. SolarEdge operates a multi-segment GTM: residential direct-to-pro via SolarEdge Home, field sales for C&I projects (driving roughly 40% of megawatt shipments), and certified installer networks for distribution. The company has recently divested its e-Mobility business, opened an India R&D center, committed to a $50 million US manufacturing facility in Georgetown, Texas, and is developing solid-state transformers with Infineon for AI data center power.

Name

SolarEdge Technologiesa

Legal name

SolarEdge Technologies Inc.

Website

https://solaredge.com

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

SolarEdge Technologies designs and manufactures DC-optimized inverter systems with module-level power electronics for solar power harvesting, serving residential, commercial/industrial, and utility-scale customers across 140+ countries through a distributor-led channel model.

Ownership category

akta.pro rank

Product category

Solar Power Electronics and Energy Storage

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Switchgear and Switchboard Apparatus Manufacturing (335313)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613), Electronic Coils, Transformers & Other Inductors (3677)

akta.pro primary industry

Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters) (EUAMABAE)

akta.pro secondary industries

Solar Inverters, Power Optimizers & MLPE Manufacturing (EUAMAHAB), Power Electronics for Renewable & Grid-Tied Applications (Solar inverters, wind converters, grid-tie interfaces) (IMAGADAJ), Renewable Power Electronics & Advanced Inverters R&D (SiC/GaN, Grid-Forming, HVDC Converter Tech) (EUAMAOAF), PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC), Smart Inverter Functions, Grid Support & Standards Compliance (IEEE 1547/UL 1741) (EUADALAE)

Headquarters

HQ city

Herzliya

HQ country

Israel

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Hardware Sales (Inverters, Power Optimizers, Batteries): Primary revenue driver from sale of DC-optimized inverters, power optimizers, EV chargers, and residential/commercial battery systems. The company shipped 55 GW of AC capacity by early 2025 and operates across residential, commercial, and utility-scale segments.
2. Monitoring and Data Plan Subscriptions: Recurring revenue from cloud monitoring services and data plans: $44.99/year for residential systems under 15kW, $99.99/year for small commercial (15-200kW), and $249.99/year for commercial systems over 200kW
3. Virtual Power Plant Services: Battery virtual power plant services enabling homeowners to earn incentives by managing battery energy during peak demand events, such as the Great Britain National Grid ESO Demand Flexibility Service
4. Warranty Extensions: Extended warranty services for inverters, extendable to 20 or 25 years with one-time payment fee, providing additional revenue from existing customer base
5. Commercial Storage Systems: CSS-OD commercial storage systems (197 kWh capacity) for medium-to-large commercial and industrial installations, scalable up to 1 MW and 4 MWh per site

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

SolarEdge manufactures and sells DC-optimized inverter systems combining module-level power electronics (power optimizers) with HD-Wave string inverters for residential, commercial, industrial, and utility-scale solar PV applications. The integrated platform extends to residential and commercial battery storage, EV chargers, smart energy management devices, and the cloud-based mySolarEdge monitoring platform, with safety features (SafeDC, Sense Connect) and grid services participation.

Product overview

SolarEdge is a smart energy technology company offering an integrated platform of solar inverters, power optimizers, battery storage, and software solutions for residential, commercial/industrial (C&I), and utility-scale applications. The product portfolio centers on DC-optimized inverter technology with module-level power electronics (MLPE), complemented by the SolarEdge Nexis residential system, commercial storage (CSS-OD), and SolarEdge ONE for C&I energy optimization platform. The ecosystem is managed through the mySolarEdge monitoring platform with AI-driven energy management capabilities. The company serves markets across 140+ countries through a network of distributors and certified installers, with recent expansion into AI data center power solutions including solid-state transformer development.

Differentiator

Problem solved

Functional benefit

Brands

• SolarEdge Nexis: Next-generation residential solar and storage platform featuring SiC-based inverters and modular LFP battery systems.
• SolarEdge ONE
• SolarEdge Home
• SolarEdge e-Mobility
• mySolarEdge

Products and services

• SolarEdge Nexis Next-generation three-phase residential solar and storage system with SiC-based hybrid inverter up to 20kW and modular LFP battery architecture scalable from 4.9kWh to 78.4kWh, including full-home backup and AI-driven mySolarEdge app integration for residential solar installers and homeowners.
• Residential PV Inverters (HD-Wave) Residential solar inverters converting DC power from solar panels to AC electricity, incorporating HD-Wave technology with up to 99.2% weighted European efficiency, for residential rooftop solar installations paired with power optimizers.
• Power Optimizers Module-level power electronics that maximize energy output from each solar panel by performing MPPT at module level, delivering up to 25% more energy than conventional string inverter setups; attached to each PV module in residential and commercial installations.
• Residential Battery Storage & Backup Battery storage solutions for residential solar systems enabling energy storage, backup power capability, and enhanced self-consumption for homeowners.
• SolarEdge Home EV Charger Electric vehicle charging solution integrated with the SolarEdge Home ecosystem for synchronized charging with solar production and battery state-of-charge.
• Smart Energy Devices Smart devices for home energy management enabling consumers to optimize usage during low utility rates and maximize solar self-consumption as part of the SolarEdge Home ecosystem.
• mySolarEdge Monitoring Platform Cloud-based monitoring platform and mobile app providing real-time tracking of energy production, consumption, system efficiency, and alert notifications with AI-driven energy management capabilities for system owners.
• Commercial Inverters Three-phase inverters for commercial and industrial solar installations with power optimization capabilities, including high-power 330kW models for community solar, agri-PV, and ground-mounted utility projects.
• CSS-OD Commercial Storage System Commercial energy storage system with 102.4 kWh base capacity expandable to 197 kWh for medium-to-large commercial and industrial applications, supporting self-consumption, peak shaving, and tariff optimization, scalable up to 1 MW and 4 MWh per site.
• SolarEdge ONE for C&I Software-based energy optimization platform for commercial and industrial solar applications, enabling energy management, demand response, and tariff optimization for C&I customers.
• TerraMax Inverters High-power 1500V inverters for utility-scale solar installations within SolarEdge's optimized utility portfolio.
• H1300 Power Optimizer Power optimizer for utility-scale applications enabling module-level optimization for ground-mounted solar projects.
• Grid Services (Virtual Power Plant) Grid services enabling solar and storage systems to provide grid support functions including frequency regulation, demand response, and virtual power plant participation for utilities and aggregators.
• SolarEdge Data Plan Connectivity subscription service enabling continuous cloud monitoring and remote support for installed SolarEdge systems, with tiered annual pricing based on system size.
• Extended Warranty Extended inverter warranty service available for 20 or 25 years, purchased as a one-time payment within 36 months of inverter shipment to provide long-term protection for system owners.

Quantifiable outcome

• Up to 25% more energy compared to conventional string inverter setups
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Nivalis EnergyminorOthers · 11 February 2026Nivalis Energy acquired SolarEdge's e-Mobility business, expanding its electric refrigerated trailer capabilities and gaining access to SolarEdge's engineering and R&D capabilities including 3rd Generation platform combining rooftop solar panels, e-axle with regenerative braking, and grid charging.
• Texas (Georgetown) Manufacturing FacilitycoreStrategic or Co-development Partner · 1 June 2025$50 million commitment to build manufacturing facility in Georgetown, Texas, expected to create approximately 400 jobs. Positions SolarEdge to capture Section 45X advanced manufacturing production credits and hedge against tariff and geopolitical risks.
• Infineon TechnologiescoreTechnology or Integration · 11 February 2025SolarEdge is developing solid-state transformers (SSTs) for AI data centers using silicon carbide (SiC) components from Infineon Technologies. The partnership enables compact SSTs delivering higher voltage DC (around 800V) directly to racks for improved efficiency and reduced space requirements in AI data centers.
• National Grid ESOminorStrategic or Co-development Partner · 1 February 2023In February 2023, SolarEdge Technologies launched a battery virtual power plant in Great Britain to support the National Grid ESO Demand Flexibility Service, allowing homeowners to earn incentives by managing battery energy during peak demand events.
• NT Energy Solutions Co., Ltd.minorChannel Partner/ Reseller/ DistributorNT Energy Solutions Co., Ltd. installed a SolarEdge solar energy system at Wat Saket temple in Thailand, featuring SafeDC, Rapid Shutdown, and Sense Connect technologies.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Eaton Corporation: Eaton is a broad power management incumbent with significant overlap into solar inverters, energy storage, and increasingly AI data center power infrastructure. Eaton's electrical balance-of-systems expertise and large installed base in C&I and utility segments make it a relevant comparable for SolarEdge's expansion ambitions.
• Schneider Electric: Schneider Electric is a global energy management and automation incumbent offering solar inverters, power conversion, and data center power solutions as part of a much broader portfolio. It competes with SolarEdge in C&I and increasingly in AI data center power infrastructure alongside its core electrical equipment business.
• Hitachi Energy: Hitachi Energy (formerly ABB Power Grids) is a global leader in power transmission, distribution, and grid-tied power electronics. Its grid-forming inverter technology, transformers, and HVDC capabilities represent adjacent and emerging competition for SolarEdge's solid-state transformer roadmap for AI data centers.

Direct peers

• Fronius International: Fronius is an Austrian inverter manufacturer competing directly with SolarEdge in the European residential and commercial solar markets. Both companies emphasize string inverter technology with integrated monitoring and energy management capabilities, competing for the same installer network.
• GoodWe: GoodWe is a Chinese inverter manufacturer competing across residential, commercial, and utility-scale solar segments with a strong global distribution footprint. The company competes directly with SolarEdge particularly in the MLPE and hybrid inverter categories serving residential prosumer markets.
• Huawei Digital Power: Huawei is a major global solar inverter manufacturer with rapidly expanding market share across utility-scale, commercial, and residential segments. The company's aggressive pricing and global scale make it one of SolarEdge's most consequential competitors in inverter technology.
• Enphase Energy: Enphase is the leading direct competitor to SolarEdge in module-level power electronics, specializing in microinverters and battery storage for residential and commercial solar. Both companies target the same installer channels and homeowners, with comparable subscription-based monitoring services.
• SMA Solar Technology: SMA is a top global solar inverter manufacturer headquartered in Germany, competing across residential, commercial, and utility-scale segments. As one of the established top-10 inverter brands alongside SolarEdge, SMA offers overlapping string and central inverter solutions with strong European market presence.
• Sungrow Power Supply: Sungrow is one of the world's largest solar inverter manufacturers, competing directly with SolarEdge across string and central inverter categories. The company has strong presence in utility-scale and commercial segments globally, with particular strength in Asia-Pacific and emerging markets.

Emerging players

• APsystems: APsystems is a microinverter and MLPE specialist competing with SolarEdge's power optimizer and inverter offerings, particularly in residential and small commercial solar. It is a smaller, niche player compared to SolarEdge but pursues overlapping product categories and installer channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SolarEdgePV
• YouTubeyoutube.com/@SolarEdge
• Facebookfacebook.com/solaredge
• LinkedInlinkedin.com/company/solaredge
• Instagraminstagram.com/solaredge

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries2 records

Funding overview

Funding rounds7 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SolarEdge Technologiesa