SolarEdge Technologies, Inc. (SEDG)

57.67 -2.07 (-3.47%) As of 03:34PM EDT. Market open.

SolarEdge Technologies, Inc.

1 HaMada Street
POB 12001
Herzliya 4673335
Israel
972 9 957 6620
https://www.solaredge.com

Sector(s): Technology
Industry: Solar
Full-time employees: 5,633

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Zvi Lando	CEO & Director	1.93M	5.97M	1965
Mr. Yoav Galin	VP of Research & Development and Founder	775.21k	N/A	1974
Mr. Ronen Faier CPA	Chief Financial Officer	1.01M	N/A	1971
Mr. Uri Bechor	Chief Operating Officer	969.25k	544.74k	1971
Ms. Rachel Prishkolnik	VP, General Counsel & Corporate Secretary	787.6k	2.84M	1968
Mr. Meir Adest	Chief Product Officer & Co-Founder	N/A	N/A	1976
Mr. Ilan Yoscovich	Chief Technology Officer	N/A	N/A	1973
Lior Danziger	Director of Investor Relations and Finance Operations	N/A	N/A	N/A
Mr. Yogev Barak	Chief Marketing Officer	N/A	N/A	1966
Ms. Shuli Shaharabni Ishai	Chief Human Resources Officer & Corporate VP	N/A	N/A	1971

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage. The Solar segment offers power optimizers, inverters, batteries, storage solutions, electric vehicle chargers, smart tracking solutions, and smart energy management software products; Monitoring platform, a cloud-based monitoring platform, which collects power, voltage, current, and system data sent from inverters and power optimizers; and MySolarEdge app, that enables system owners to track their real-time system production and household energy consumption. This segment also provides Designer platform, an web-based tool that helps solar professionals to plan, build, and validate residential and commercial systems; Mapper application for registering the physical layout of new PV sites installed with DC optimized inverter systems; SetApp application that activates and configurate inverters; and grid services. The Energy Storage segment provides lithium-ion cells and containerized battery systems (BESS) solutions for commercial, industrial, and utility markets; modules and racks; purpose-built components and solutions, and hardware and software tools; and pre and post sales engineering support for designing, building, and managing battery and system solutions. The company offers e-mobility products, automated machines, and UPS products; and pre-sales support, ongoing trainings, and technical support and after installation services. It sells its products through solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya, Israel.

Corporate governance

SolarEdge Technologies, Inc.’s ISS governance QualityScore as of 1 April 2024 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder rights: 2; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.