Details

Last Funding Type

Series B

Last Funding Money Raised

$23M

Industries

Energy,Renewable Energy,Solar

Founded date

Jun 1, 2006

Number Of Employee

1001 - 5000

Operating Status

Active

SolarEdge Technologies, a global leader in the DC power optimizer market. The company provides module-level electronics for solar power harvesting and monitoring systems for residential, commercial and utility-scale solar photovoltaic installers. The SolarEdge portfolio of products includes power optimizers and a web portal for module-level optimization and monitoring, as well as PV inverters, specialized to work with power optimizers.

SolarEdge envisions that every solar module will be individually managed by DC-DC module-level electronics, accelerating the pace towards grid parity and making clean energy affordable.

Founded in 2006, SolarEdge established the DC power optimizer segment and is leading it with over 70% market share. By Q4 2012, SolarEdge has shipped over 1,600,000 power optimizers to more than 40 countries worldwide. With strategic partnerships across the PV value-chain from module manufacturers to integrators, SolarEdge installations can be found in five continents.