Solaredge Technologies (SEDG) began trading on the NASDAQ on 26 March 2015

Description

SolarEdge Technologies, Inc. (SolarEdge) is a provider of solar power harvesting and photovoltaic (PV) monitoring solutions. The Company's portfolio of products includes power optimizers, PV inverters and a Web portal for module-level monitoring and fault detection. Its SolarEdge power optimizer is a DC/DC converter which is connected by installers to each PV module or embedded by module manufacturers, replacing the solar junction box. Its SolarEdge DC-AC PV inverter works with the SolarEdge power optimizers. Its SolarEdge PV Monitoring Portal is a Web-based application that provides module-level, string-level and system-wide monitoring. The Company's customers include providers of solar PV systems to residential and commercial end users, such as SolarCity, SunRun Inc. and Vivint Solar, Inc.

Address

1 HaMada Street, Herziliya Pituach
HERZLIYA, 4673335
Israel
+972-9-9576620 (Phone)

Website 

www.solaredge.com

Key stats and ratios

	Q4 (Dec '14)	2014
Net profit margin	4.60%	-16.05%
Operating margin	5.78%	-13.79%
EBITD margin	-	-12.31%
Return on average assets	10.68%	-34.46%
Return on average equity	-	-
Employees	360

Founded in 2006, SolarEdge provides an intelligent inverter solution that has changed the way power is harvested and managed in photovoltaic systems. The SolarEdge DC optimized inverter system maximizes power generation at the individual solar module level while lowering the cost of energy produced by the PV system. SolarEdge's system consists of power optimizers, inverters and a cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. Since SolarEdge  began commercial shipments in 2010, they have shipped approximately 1.3 gigawatts of DC optimized inverter systems and the SolarEdge products have been installed in solar systems in 73 countries.

"SolarEdge is dedicated to transforming the world by making clean energy affordable through its solutions," said Nelson Griggs, Executive Vice President of Listing Services at Nasdaq. "We are pleased to add another ground-breaking clean energy technology company to the Nasdaq family and we are excited to celebrate more milestones with SolarEdge in the future."

By listing with Nasdaq, SolarEdge Technologies joins many of the world's largest and most revolutionary companies.  Nasdaq has been the exchange of choice to over 70 percent of technology companies listed in the U.S. markets.