{"id":88747,"date":"2025-01-08T04:24:58","date_gmt":"2025-01-07T18:54:58","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=88747"},"modified":"2025-01-08T13:44:20","modified_gmt":"2025-01-08T04:14:20","slug":"solaredge-layoffs-again-mb3090","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/","title":{"rendered":"Yet Another Round Of Staff Cuts At SolarEdge"},"content":{"rendered":"

\"SolarEdge<\/p>\n

After three rounds of layoffs announced in 2024, solar manufacturer SolarEdge will be shedding staff again – with hundreds more jobs to go.<\/p>\n

In January last year, SolarEdge announced a restructuring plan that included approximately 900 employees being laid off. In July, then-CEO Zvi Lando revealed there would be a further reduction in the firm’s workforce, impacting approximately 400 employees<\/a>.<\/p>\n

Then in November 2024, the company announced it was axing its Energy Storage Division<\/a> that was focused on utility-scale markets to concentrate on its core solar activities; a move that would see 500 employees – mainly in South Korea – lose their jobs.<\/p>\n

In an SEC filing this week, SolarEdge said it expects to further reduce its headcount by approximately 400 employees globally, along with lowering overhead expenses and enhancing efficiency in other operating areas.<\/p>\n

“Once the reductions in the workforce are completed, the Company anticipates that they will lead to a quarterly reduction in expenses of approximately $9 million to $11 million,” stated the firm<\/a>.<\/p><\/blockquote>\n

The market responded positively to the news, with shares closing the day at USD $16.29 USD, up 6.61%. But it’s still a far cry from the maximum $365 reached at one point in 2021.<\/p>\n

Job Losses – But Also New Jobs<\/h2>\n

According to Macrotrends<\/a>, SolarEdge’s headcount in 2023 was 5,633 staff. In total, since January last year, SolarEdge has shed or plans to shed 1,800 staff.\u00a0 But while it’s little comfort to those losing their employment, the firm has also been creating new jobs in connection with facilities in Austin, Texas and in Seminole, Florida. As at November, around 1,500 new jobs were connected with these facilities, a number expected to increase to ~1,750 jobs by the end of last year.<\/p>\n

On a related note, the company announced in early December it had started shipping its new SolarEdge Home Battery ‘USA Edition’ to US customers.<\/p>\n

“By expanding our U.S. manufacturing capabilities to include energy storage, SolarEdge is delivering on our commitment to provide installers with a domestically produced battery,” said Bertrand Vandewiele, General Manager of SolarEdge North America.<\/p><\/blockquote>\n

SolarEdge is also producing Home Hub Inverters and Power Optimizers at its Austin, Texas and Tampa, Florida manufacturing facilities.<\/p>\n

A New CEO Too<\/h2>\n

Zvi Lando stepped down as CEO of SolarEdge in late August last, a position he held since 2019. He’s still associated with the firm as a member of the board of directors and was also serving as an advisor to the management team to support the leadership transition. The company’s interim CEO was Ronen Faier; previously SolarEdge’s Chief Financial Officer. In early December, SolarEdge announced the appointment of Shuki Nir as the new CEO. Mr. Nir was previously serving the company as CMO from June 2024.<\/p>\n

Mr. Faier was to stay on with the company as an advisor during the leadership transition period.<\/p>\n

“Now is the time to transition to a new generation of leadership to drive SolarEdge\u2019s next stage of growth,” said<\/a> Mr. Faier in December. “I could not be happier to welcome Shuki as SolarEdge\u2019s next CEO; I believe he has the passion, the drive, and the vision that make him the right person to lead SolarEdge forward.\u201d<\/p><\/blockquote>\n

SolarEdge was founded in 2006 and began manufacturing solar inverters and optimizers<\/a> in 2010. It has since expanded its product offerings to include, among other things, home batteries<\/a> and EV chargers<\/a>; all of which are currently available in Australia.<\/p>\n","protected":false},"excerpt":{"rendered":"

After three rounds of layoffs announced in 2024, solar manufacturer SolarEdge will be shedding staff again – with hundreds more jobs to go.<\/p>\n","protected":false},"author":17,"featured_media":88748,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-88747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nYet Another Round Of Staff Cuts At SolarEdge<\/title>\n<meta name=\"description\" content=\"After three rounds of layoffs announced in 2024, solar manufacturer SolarEdge will be shedding staff again - with hundreds more jobs to go.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yet Another Round Of Staff Cuts At SolarEdge\" \/>\n<meta property=\"og:description\" content=\"After three rounds of layoffs announced in 2024, solar manufacturer SolarEdge will be shedding staff again - with hundreds more jobs to go.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-07T18:54:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-08T04:14:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Yet Another Round Of Staff Cuts At SolarEdge\",\"datePublished\":\"2025-01-07T18:54:58+00:00\",\"dateModified\":\"2025-01-08T04:14:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/\"},\"wordCount\":563,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/\",\"name\":\"Yet Another Round Of Staff Cuts At SolarEdge\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg\",\"datePublished\":\"2025-01-07T18:54:58+00:00\",\"dateModified\":\"2025-01-08T04:14:20+00:00\",\"description\":\"After three rounds of layoffs announced in 2024, solar manufacturer SolarEdge will be shedding staff again - with hundreds more jobs to go.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#primaryimage\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg\",\"contentUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg\",\"width\":1200,\"height\":630,\"caption\":\"SolarEdge layoffs\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Blog\",\"item\":\"https:\/\/www.solarquotes.com.au\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"General Solar & Storage News\",\"item\":\"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Yet Another Round Of Staff Cuts At SolarEdge\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#website\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/\",\"name\":\"SolarQuotes Blog\",\"description\":\"An independent reckoning of the Aussie solar scene\",\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.solarquotes.com.au\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\",\"name\":\"SolarQuotes\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png\",\"contentUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png\",\"width\":592,\"height\":600,\"caption\":\"SolarQuotes\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SolarQuotes\/\",\"https:\/\/x.com\/solar_quotes\",\"https:\/\/www.instagram.com\/solarquotes\/\",\"https:\/\/au.linkedin.com\/company\/solarquotes\",\"https:\/\/www.youtube.com\/user\/SolarQuotesAustralia\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\",\"name\":\"Michael Bloch\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r\",\"caption\":\"Michael Bloch\"},\"description\":\"Michael caught the solar power bug after purchasing components to cobble together a small off-grid PV system in 2008. He's been reporting on Australian and international solar energy news ever since.\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/author\/michael\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Yet Another Round Of Staff Cuts At SolarEdge","description":"After three rounds of layoffs announced in 2024, solar manufacturer SolarEdge will be shedding staff again - with hundreds more jobs to go.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/","og_locale":"en_US","og_type":"article","og_title":"Yet Another Round Of Staff Cuts At SolarEdge","og_description":"After three rounds of layoffs announced in 2024, solar manufacturer SolarEdge will be shedding staff again - with hundreds more jobs to go.","og_url":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/","og_site_name":"SolarQuotes Blog","article_publisher":"https:\/\/www.facebook.com\/SolarQuotes\/","article_published_time":"2025-01-07T18:54:58+00:00","article_modified_time":"2025-01-08T04:14:20+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg","type":"image\/jpeg"}],"author":"Michael Bloch","twitter_card":"summary_large_image","twitter_creator":"@solar_quotes","twitter_site":"@solar_quotes","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#article","isPartOf":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/"},"author":{"name":"Michael Bloch","@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1"},"headline":"Yet Another Round Of Staff Cuts At SolarEdge","datePublished":"2025-01-07T18:54:58+00:00","dateModified":"2025-01-08T04:14:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/"},"wordCount":563,"commentCount":0,"publisher":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#organization"},"image":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#primaryimage"},"thumbnailUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg","articleSection":["General Solar & Storage News"],"inLanguage":"en-AU","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/","url":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/","name":"Yet Another Round Of Staff Cuts At SolarEdge","isPartOf":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#primaryimage"},"image":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#primaryimage"},"thumbnailUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg","datePublished":"2025-01-07T18:54:58+00:00","dateModified":"2025-01-08T04:14:20+00:00","description":"After three rounds of layoffs announced in 2024, solar manufacturer SolarEdge will be shedding staff again - with hundreds more jobs to go.","breadcrumb":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#primaryimage","url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg","contentUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg","width":1200,"height":630,"caption":"SolarEdge layoffs"},{"@type":"BreadcrumbList","@id":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-layoffs-again-mb3090\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.solarquotes.com.au\/blog\/"},{"@type":"ListItem","position":2,"name":"General Solar & Storage News","item":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},{"@type":"ListItem","position":3,"name":"Yet Another Round Of Staff Cuts At SolarEdge"}]},{"@type":"WebSite","@id":"https:\/\/www.solarquotes.com.au\/blog\/#website","url":"https:\/\/www.solarquotes.com.au\/blog\/","name":"SolarQuotes Blog","description":"An independent reckoning of the Aussie solar scene","publisher":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.solarquotes.com.au\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/www.solarquotes.com.au\/blog\/#organization","name":"SolarQuotes","url":"https:\/\/www.solarquotes.com.au\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png","contentUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png","width":592,"height":600,"caption":"SolarQuotes"},"image":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SolarQuotes\/","https:\/\/x.com\/solar_quotes","https:\/\/www.instagram.com\/solarquotes\/","https:\/\/au.linkedin.com\/company\/solarquotes","https:\/\/www.youtube.com\/user\/SolarQuotesAustralia"]},{"@type":"Person","@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1","name":"Michael Bloch","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r","url":"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r","caption":"Michael Bloch"},"description":"Michael caught the solar power bug after purchasing components to cobble together a small off-grid PV system in 2008. He's been reporting on Australian and international solar energy news ever since.","url":"https:\/\/www.solarquotes.com.au\/blog\/author\/michael\/"}]}},"jetpack_featured_media_url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/solaredge-layoffs.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2FF2s-n5p","jetpack-related-posts":[{"id":85319,"url":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-staff-layoffs-mb2967\/","url_meta":{"origin":88747,"position":0},"title":"SolarEdge Shedding Staff – Again","author":"Michael Bloch","date":"July 19, 2024","format":false,"excerpt":"2024 keeps getting tougher for Israel-headquartered solar manufacturer SolarEdge, with hundreds more staff to be shown the door. Founded in 2006, SolarEdge produces solar panel optimizers, inverters, home batteries and EV chargers. The company's main claim to fame was being the first to successfully commercialise power optimizers; a type of\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SolarEdge staff layoffs","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/solaredge-staff-layoffs.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/solaredge-staff-layoffs.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/solaredge-staff-layoffs.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/solaredge-staff-layoffs.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/solaredge-staff-layoffs.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":88253,"url":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-energy-storage-mb3062\/","url_meta":{"origin":88747,"position":1},"title":"SolarEdge Clarifies Energy Storage Division Exit","author":"Michael Bloch","date":"November 29, 2024","format":false,"excerpt":"An announcement from SolarEdge had some scratching their heads over the future of the firm's involvement in battery storage. Here's what's happening. SolarEdge has announced the company will cease all activities of its Energy Storage Division to focus on its core solar activities. The decision will see approximately 500 employees\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SolarEdge battery storage","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/11\/solaredge-energy-storage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/11\/solaredge-energy-storage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/11\/solaredge-energy-storage.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/11\/solaredge-energy-storage.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/11\/solaredge-energy-storage.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":21428,"url":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-q1-results-mb0582\/","url_meta":{"origin":88747,"position":2},"title":"Sunny Days And New Horizons For SolarEdge","author":"Michael Bloch","date":"May 11, 2018","format":false,"excerpt":"SolarEdge has announced it achieved record revenues and profitability in the first quarter of this year and is expanding and diversifying its business. Founded in 2006, Israel-headquartered SolarEdge manufactures solar inverters, power optimizers and provides module-level monitoring services. The company's first quarter 2018 results indicate revenue reached USD $209.9 million,\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SolarEdge","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/05\/solaredge-results.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/05\/solaredge-results.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/05\/solaredge-results.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/05\/solaredge-results.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":25043,"url":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-kokam-acquisition-mb0783\/","url_meta":{"origin":88747,"position":3},"title":"SolarEdge To Acquire Energy Storage Manufacturer","author":"Michael Bloch","date":"October 15, 2018","format":false,"excerpt":"SolarEdge Technologies, Inc. announced on Friday it had entered into agreements to acquire a major stake in South Korea based energy storage manufacturer Kokam Co., Ltd.\u00a0 If the Kokam name sounds familiar, that could be due to a high-profile large-scale energy project the company was involved with in Australia. Back\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SolarEdge to acquire Kokam","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/10\/solaredge-kokam.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/10\/solaredge-kokam.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/10\/solaredge-kokam.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/10\/solaredge-kokam.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":25548,"url":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-q3-results-mb0810\/","url_meta":{"origin":88747,"position":4},"title":"SolarEdge Ships 3 Million Optimizers In Q3","author":"Michael Bloch","date":"November 5, 2018","format":false,"excerpt":"Israel-based SolarEdge has reported record revenue for the third quarter, racking up USD $236.6 million - up significantly year-over-year. SolarEdge's third quarter 2018 earnings summary state the result was up 4% from $227.1 million in Q2 and up 42% from $166.6 million year over year. The company shipped 3 million\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SolarEdge Q3 results","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/solaredge-results.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/solaredge-results.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/solaredge-results.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/solaredge-results.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":91881,"url":"https:\/\/www.solarquotes.com.au\/blog\/solaredge-charger-battery-update-mb3176\/","url_meta":{"origin":88747,"position":5},"title":"SolarEdge Posts Gains, Nexis Battery On Track, Unveils New Charger","author":"Michael Bloch","date":"May 8, 2025","format":false,"excerpt":"Smart energy technology firm SolarEdge has posted improved results for Q1 and says it remains on schedule for release of its next generation inverter and home battery. The company has also taken the wraps off its new ONE EV charger. SolarEdge reported revenues of $219.5 million in Q1 2025, up\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SolarEdge product family","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/solaredge-q1-report.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/solaredge-q1-report.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/solaredge-q1-report.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/solaredge-q1-report.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/solaredge-q1-report.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/88747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=88747"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/88747\/revisions"}],"predecessor-version":[{"id":88751,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/88747\/revisions\/88751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/88748"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=88747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=88747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=88747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}