Israel’s largest solar park comes online
The clean energy arm of Israeli conglomerate Shikun & Binui will own the 120 MW plant near the village of Zeélim.
SolarEdge reports $1bn revenue in nine months
The third-quarter results for the inverter maker are in and look promising. All performance indicators are up for the steadily growing company.
Renewables and geopolitics: The United States
An accelerated transition to renewables could go either way, regarding the United States’ unique geopolitical strength. According to Indra Overland – head of the Center for Energy Research at the Norwegian Institute for International Affairs – the U.S. could surrender a major advantage if it abandons fossil fuel. The nation could, however, remain dominant in the global energy sector if it continues to lead on innovation and clean energy tech-related intellectual property.
Solaredge launches smart modules with integrated power optimizer in Europe
For its new offer, the Israeli inverter maker is using modules provided by a Tier 1 manufacturer. The products have a 12-year warranty and 25-year performance guarantee.
Solar world pays tribute to founding father of SolarEdge
A tribute to Guy Sella has hailed ‘a brilliant man’ and ‘a revolutionary trailblazer’ who was ‘vibrant and energetic’ yet ‘down-to-earth and approachable’.
SolarEdge posts strong revenue increase, slight drop in net profit
The Israeli inverter manufacturer saw its net profit decline 4% year-on-year to $33.1 million in the second quarter, despite shipping 1.3 GW and seeing a 43% increase in turnover. Gross margins were affected by the increase in U.S. tariffs on China made products.
Solar industry counts seven human rights allegations
The Business & Human Rights Resource Centre has published a report looking at the human rights due diligence performance of the renewables industry and examined individual generation methods. The report finds that, while the solar sector is not top of the sad list, its vest also isn’t completely unstained.
Interview: Solaredge’s Handelsman says integration is critical
At the Smarter E Europe trade show in Munich, pv magazine caught up with Lior Handelsman, VP for marketing and product strategy and founder of Solaredge. The Israeli company made headlines as it went on an acquisition spree in the last year to leverage its position in the storage and EV charging business.
SolarEdge just keeps growing
The Israeli power electronics maker’s revenues and shipments keep rising as it absorbs more companies, but the pending increase in Section 301 tariffs leaves some clouds in the future.
Bullish SolarEdge posts $100 million rise in gross profits and predicts strong start to 2019
Unimpressed by last year’s China policy-related shenanigans, the inverter maker continued to grow at a rapid pace as it acquired storage, uninterruptable power supply (UPS) and e-mobility related businesses. Its full-year results place SolarEdge in a good position going into a more promising year, with solar installations expected to hit double-digit growth figures in many markets and reach 120 GW globally.
