SolarEdge Begins Shipping 'USA Edition' Home Battery, Expanding Company's End-to-End, Domestic Content Portfolio
Company accelerates timeline for domestically produced residential battery shipments
This supports SolarEdge’s long term strategy for the continued development and production of residential and commercial energy storage solutions
The SolarEdge Home Battery '
"SolarEdge has been a crucial technology partner, and together we have delivered thousands of storage solutions in markets where batteries are mission-critical such as
"By expanding our
The addition of battery manufacturing strengthens SolarEdge's domestic production infrastructure, which already supplies significant volumes of power optimizers and inverters to the U.S. market. For homeowners across the country, particularly those in markets like
The SolarEdge Home Battery '
For more information about SolarEdge's complete portfolio of domestic products and capabilities, visit here.
About SolarEdge
SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, and grid services solutions. Visit us at: solaredge.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include information, among other things, concerning our next phase of innovation and growth, future of renewable energy, possible or assumed future results of operations, future demands for solar energy solutions, business strategies and technology developments. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “seek,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or similar expressions and the negatives of those terms.
Forward-looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date of this release. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to: our ability to deliver on the next phase of innovation and growth; future of renewable energy, including demand for renewable energy and solar energy solutions; our ability to forecast demand for our products accurately and to match production to such demand as well as our customers’ ability to forecast demand based on inventory levels; macroeconomic conditions in our domestic and international markets, as well as inflation concerns, rising interest rates, and recessionary concerns; changes, elimination or expiration of government subsidies and economic incentives for on-grid solar energy applications; changes in the
i As it relates to the domestic content rules, the
View source version on businesswire.com: https://www.businesswire.com/news/home/20241209485547/en/
Press Contact
Lily.salkin@solaredge.com
Investor Contact
JB Lowe, Head of Investor Relations
investors@solaredge.com
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