−Removed: We are a leading provider of an optimized inverter solution that changed the way power is harvested and managed in photovoltaic (also known as PV) systems.
+Added: We are a global smart energy technology company that changed the way power is harvested and managed in photovoltaic (also known as PV) systems.
Our direct current (“DC”), optimized inverter system maximizes power generation while lowering the cost of energy produced by the PV system for improved return on investment, or ROI.
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comprehensive and advanced safety features, improved design flexibility, efficient integration (DC coupled) with SolarEdge storage solutions, and improved operation and maintenance, or O&M, with remote monitoring at the module-level.
−Removed: The typical SolarEdge DC optimized inverter system consists of inverters, Power Optimizers, a communication device which enables access to a cloud-based Monitoring Platform and, in many cases, a battery and additional smart energy management solutions and devices, such as EV chargers and load controllers.
+Added: The typical SolarEdge DC optimized inverter system consists of inverters, Optimizers, a communication device which enables access to a cloud-based Monitoring Platform and, in many cases, a battery and additional smart energy management solutions and devices, such as EV chargers and load controllers.
As part of our hardware sales, we also provide the energy management software which controls, manages and optimizes the energy production, storage and use of energy generated by our systems.
Our solutions address a broad range of solar market segments, from residential solar installations to commercial and small utility scale solar installations.
−Removed: Since we began commercial shipments in 2010, we have shipped approximately 56.2 gigawatts (“GW”) of our DC optimized inverter systems and our products have been installed in solar PV systems in over 145 countries.
−Removed: Since introducing the DC optimized inverter solution in 2010, SolarEdge has expanded its activity to other areas of smart energy technology, both through organic growth and through acquisitions.
−Removed: By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge now offers energy solutions that include primarily the hardware technology used in residential, commercial, and small scale utility PV systems and also product offerings in the areas of energy storage systems, or ESS, including manufacturing of lithium-ion cells and batteries, smart trackers for solar panels, EV chargers, home and commercial energy management software, grid services and software platforms and applications that enable development of virtual power plants ("VPPs").
+Added: We have expanded our activity to other areas of smart energy technology, both through organic growth and through acquisitions.
+Added: By leveraging world-class engineering capabilities and with a relentless focus on innovation, we now offer energy solutions that include primarily the hardware technology used in residential, commercial, and small scale utility PV systems and also product offerings in the areas of energy storage systems, or ESS, EV chargers, home and commercial energy management software, grid services, software platforms and applications that enable virtual power plants ("VPPs").
We primarily sell our products indirectly to thousands of solar installers through large distributors and electrical equipment wholesalers and directly to large solar installers and engineering, procurement, and construction firms, or EPCs.
−Removed: Our customers include leading providers of solar PV systems to residential and commercial end users, key solar distributors, and electrical equipment wholesalers.
−Removed: As of December 31, 2024, we have shipped in the aggregate approximately 132.1 million Power Optimizers and 5.8 million inverters.
−Removed: More than 4.2 million PV installations, many of which may include multiple inverters, are currently connected to and monitored through our cloud-based Monitoring Platform.
+Added: Our customers include leading providers of PV systems to residential and commercial end users, key solar distributors, and electrical equipment wholesalers.
The SolarEdge Solution.
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Our Power Optimizers provide module-level, maximum power point ("MPP") tracking, i.e.
−Removed: real-time adjustments of current and voltage to the optimal working point of each individual PV module.
+Added: real-time adjustments of current and voltage to the optimal operating point of each individual PV module.
This enables each PV module to continuously operate at its MPP, independent of other modules in the same string, thus minimizing power lost due to module mismatch (e.g.
due to manufacturing differences, aging, etc.) and partial shading.
−Removed: By performing these adjustments at a very high rate, our Power Optimizers also reduce the dynamic MPP losses associated with traditional inverters.
+Added: By performing these adjustments at a high rate, our Power Optimizers also reduce the dynamic MPP losses associated with traditional inverters.
• Optimized architecture with economies of scale.
Our system shifts certain functions of the traditional inverter to our Power Optimizers while keeping the DC-to-AC function and grid interaction in our inverter.
−Removed: As a result, our inverter is smaller, more efficient and more reliable than inverters used in traditional string inverter systems.
−Removed: The cost saving that we have achieved with the inverter enables our system to be priced at a cost per watt that is comparable with traditional inverter systems of leading manufacturers.
+Added: As a result, our inverter is more efficient and more reliable than inverters used in traditional string inverter systems.
As a PV system grows in size, our inverter benefits from economies of scale.
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• Reduced balance of system (BoS) costs.
−Removed: Our DC optimized inverter system allows significantly longer strings to be connected to the same inverter (as compared to a traditional inverter system).
+Added: Our commercial DC optimized inverter system allows significantly longer strings to be connected to the same inverter (as compared to a traditional inverter system).
This reduces the cost of cabling, fuse boxes and other ancillary electric components.
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Our cloud-based monitoring platform provides data visibility at the module level, string level, inverter level and system level.
−Removed: The data can be accessed remotely by any web-enabled device, allowing comprehensive analysis, immediate fault detection and alerts.
+Added: The data can be accessed remotely by web-enabled device, allowing comprehensive analysis, immediate fault detection and alerts.
These monitoring features reduce O&M costs for the system owner by identifying and locating faults, enabling remote testing and reducing field visits.
• Enhanced safety.
−Removed: We have incorporated module-level safety mechanisms in our system to protect installers, electricians and firefighters.
+Added: We have incorporated module-level safety mechanisms in our DC optimized system to protect installers, electricians, and firefighters.
Each Power Optimizer is configured to reduce output voltage to 1 volt unless the Power Optimizer receives a fail-safe signal from a functioning inverter that is paired to the optimizer.
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In addition, some of the SolarEdge Power Optimizers include the SolarEdge "Sense Connect" capability which is designed to monitor Power Optimizers’ connectors, and identify improper connections and possible malfunctions for early detection and mitigation of arc risks.
+Added: In addition, certain SolarEdge residential batteries also meet UL 9540A.
• High reliability.
−Removed: Solar PV systems are typically expected to operate for at least 25 years under harsh outdoor conditions.
+Added: PV systems are typically expected to operate for approximately 25 years under harsh outdoor conditions.
High reliability is critical and is facilitated by our utilization of systems and components that have low heat generation, solid and stable materials, and the minimal use of moving parts in our products.
We have designed our system to meet these stringent requirements.
−Removed: Our Power Optimizers’ high switching frequency allows the use of ceramic capacitors with a low, fixed rate of aging and a proven life expectancy in excess of 25 years.
+Added: Our Power Optimizers’ high switching frequency allows the use of ceramic capacitors with a low, fixed rate of aging and an estimated life expectancy in excess of 25 years.
Further, we use application-specific integrated circuits (“ASICs”) that embed many of the required electronics.
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• DC Coupling with Energy Storage.
−Removed: Our DC-optimized inverter system enables direct storage of solar energy in batteries without the need for DC-AC or AC-DC conversions, a process known as DC coupling.
+Added: For residential systems, our DC-optimized inverter system enables direct storage of solar energy in batteries without the need for DC-AC or AC-DC conversions, a process known as DC coupling.
This approach eliminates energy loss that is typically associated with such conversions, allowing for more efficient energy management within the battery.
As a result, users benefit from improved efficiency, increased savings, and a higher overall return on investment (ROI).
−Removed: Additionally, when paired with a DC-enabled EV charger, solar energy can directly charge electric vehicles, further enhancing energy retention by minimizing conversion losses.
• Energy Management.
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SolarEdge ONE manages a site’s entire energy portfolio, including PV, battery storage, EV, smart devices, and building assets, to ensure optimized performance of each component.
−Removed: It includes a wealth of innovative capabilities tailored to the specific needs of the varying residential and commercial system stakeholders and is fortified with advanced cyber capabilities designed to protect against current and future cyber threats.
−Removed: For residential systems, SolarEdge ONE optimizes the way homeowners use, store, and sell their energy, in accordance with their personalized preferences.
+Added: It includes capabilities tailored to the specific needs of the varying residential and commercial system stakeholders and is fortified with advanced cyber capabilities designed to protect against cyber threats.
+Added: For residential systems, SolarEdge ONE optimizes the way homeowners use, store, and sell their energy, as well as charge their EVs using their smart devices, in accordance with their personalized preferences.
It enables users to store solar energy at cost-effective times.
−Removed: It also allows homeowners to control the timing of their PV energy consumption in order to increase their energy independence, take advantage of lower time-of-use rates, reduce electricity bills, and improve overall system return on investment.
+Added: It is designed to permit homeowners to control the timing of their PV energy consumption in order to increase their energy independence, take advantage of lower time-of-use rates, reduce electricity bills, and is designed to improve overall system return on investment.
Commercial installations benefit from SolarEdge ONE’s ability to synchronize production, consumption, and storage to align with business goals, making data-driven decisions based on customer definitions and market conditions.
SolarEdge ONE includes robust monitoring and reporting tools that enable PV professionals to enhance operational efficiencies and lower maintenance costs across their fleets.
−Removed: The SolarEdge ONE for commercial and industrial (C&I) capabilities extend to optimization and management of sites featuring large quantities of EV chargers (e.g.
+Added: The SolarEdge ONE for commercial capabilities extend to optimization and management of sites featuring large quantities of EV chargers (e.g.
workplaces, parking lots, apartment buildings, public charging stations, etc.) as well as support for enterprises seeking to take control of their energy usage with greater energy management and connectivity capabilities, enabling more efficient and sustainable energy management.
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One such example is inverter-enabled charging and discharging of batteries within a VPP, helping to manage grid load and support grid stability.
−Removed: Our Product Offering
−Removed: Our primary segment is our solar business, which includes the following products:
+Added: Our products reflect our focus on innovation, the capacity of our technology departments as well as the emphasis that we put on creating value for our customers.
+Added: Our core product roadmap includes:
+Added: our power optimizers and inverters, which form an integral part of the DC optimized inverter systems, batteries, and smart energy management.
+Added: We have drawn on our expertise in the fields of power electronics, analog and digital electronics, magnetic design, mechanical and heat dissipation, control, and algorithms, power line communications and lithium-ion battery technology, to design and develop advanced commercial solutions for harvesting power from PV, storage and energy management solutions for residential and commercial applications.
+Added: These technologies are explained in greater detail below.
+Added: Our portfolio also includes energy IoT, EV charging optimization, and energy storage systems.
+Added: We operate in one reportable segment, which includes the following products:
SolarEdge Power Optimizer.
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During the year ended December 31, 2025, the year ended December 31, 2024 and the year ended December 31, 2023, revenues derived from the sale of Power Optimizers represented 41.4%, 34.9% and 30.3% of total revenues, respectively.
+Added: Our Power Optimizer Technology :
+Added: Our Power Optimizers are DC/DC step up/step down ("buck+boost") converters designed and developed to operate in harsh outdoor environments at very high conversion efficiency.
+Added: Our Power Optimizers include proprietary power electronics and control loops customized to efficiently convert power from the PV module to the inverter.
+Added: A key factor in the performance of our Power Optimizer is determined by the digital control algorithms and closed-loop control mechanism.
+Added: The Power Optimizer’s control is built into our advanced ASIC which is responsible for all digital control functions of the power optimizer, including detailed power analysis, digital real-time control of the power conversion subsystem, power line communications and networking.
+Added: Since each Power Optimizer handles the power and voltage of either a single module or two modules, we are able to reach a high degree of semiconductor integration by leveraging low-cost silicon in standard semiconductor packages.
+Added: As a result, much of the Power Optimizer functionality can be integrated into a standard ASIC instead of requiring discrete electronic components, resulting in lower costs and higher reliability.
+Added: The ASIC performs the critical power analysis and power conversion control functions of the Power Optimizer.
+Added: The power analysis functions process the state and working parameters at the Power Optimizer’s input and output and, together with advanced digital control and state machine logic, control the power conversion function.
+Added: In addition, our digital control system uses technology that allows the PV installation to anticipate and adapt to changing operating conditions, and to protect itself against system anomalies.
+Added: Each Power Optimizer in the array is connected to the inverter by a power line communications networking link.
+Added: Our power line communications link uses a proprietary networking technology that we developed, utilizing the existing DC wiring between the Power Optimizers and the inverter to transmit and receive data between these devices using scalable technology supporting a wide range of installation sizes, from small residential to large commercial installations.
+Added: Our Power Optimizer Product Roadmap :
+Added: We currently sell our fourth and fifth generation of Power Optimizers, the S-Series, designed for fully automated assembly and based on our fourth and fifth generation ASICs, respectively.
+Added: We have launched the H1300, a Gen 4 based Power Optimizer, as a part of the SolarEdge TerraMax™ inverter solution, with our H1500 Power Optimizer now available in North America.
+Added: The H1500 is designed to enable more power per string and supports even higher power PV modules, leading to reduced BoS costs for our TerraMax solution.
+Added: The H-Series models are our first optimizer equipped with high frequency DC power line communications technology which allows communication with larger numbers of Power Optimizers for ground mount applications as well as improved remote software upgrade capabilities.
+Added: In an effort to improve efficiency, with each new ASIC generation, we have reduced the number of components required for any given functionality, thereby adding more functions to the Power Optimizer.
+Added: An improvement in efficiency reduces energy loss, which in turn, decreases heat dissipation.
+Added: This enables design of a more cost-effective and typically smaller enclosure and while keeping the electronics cooler, improving the Power Optimizer’s reliability.
+Added: Our research and development teams continuously work on further improving our ASICs and releasing new generations of this advanced technology.
+Added: For the commercial market, we plan to launch our SolarEdge Duo Power Optimizer featuring a dual input design.
+Added: This allows the connection of two PV modules with Maximum Power Point Tracking (MPPT) for each independent module, for enhanced system performance.
SolarEdge Inverters.
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Since each string that features our Power Optimizers provides fixed input voltage to our inverter, the inverter is able to operate at an optimized efficiency at all times and therefore is more cost effective, energy efficient and reliable.
−Removed: Like our Power Optimizers, our inverters are designed to withstand harsh environmental conditions.
−Removed: We currently offer single-phase inverters designed to address the residential market (3 kilowatt (“kW”) to 11.4 kW), and three-phase inverters designed to address the residential and commercial markets (4 kW to 120 kW).
+Added: Like our Power Optimizers, our inverters are designed to withstand harsh environmental conditions.We currently offer single-phase inverters designed to address the residential market (2.2 kilowatt (“kW”) to 11.4 kW), and three-phase inverters designed to address the residential and commercial markets (5 kW to 120 kW).
We also offer our three-phase SolarEdge TerraMax™ inverters, which are designed to address the ground mount market (300kW to 330kW).
−Removed: Paired with our H-Series Power Optimizers, the SolarEdge Terramax™ supports distributed and centralized inverter configurations and is designed for small-scale utility installations, community solar, floating PV, and dual use Agri-PV sites that harvest crops.
+Added: Paired with our H-Series Power Optimizers, the SolarEdge Terramax™ supports distributed and centralized inverter configurations and is designed for grount mount installations such as, community solar, floating PV, and dual use Agri-PV sites.
The vast majority of our inverters are sold with a 12 year warranty that is extendable to 20 or 25 years for an additional cost.
During the year ended December 31, 2025, the year ended December 31, 2024 and the year ended December 31, 2023 revenues derived from the sale of inverters, represented 28.2%, 27.5% and 46.2% of our total revenues, respectively.
+Added: Our Inverter Technology :
+Added: Most of our inverters are designed for single-stage DC/AC conversion.
+Added: Using our inverter in combination with the Power Optimizers allows the inverter control loop to maintain a regulated DC voltage level at its input, thereby enabling the inclusion of long, uneven, and multi-faceted strings of solar modules while also enabling custom, cost efficient, and reliable inverter design and component selection.
+Added: Our inverters’ digital control algorithms are implemented using programmable digital signal processors which allow for flexibility and the adaptation of control loops for various grids and for the requirements and standards of different grid operators across geographies.
+Added: We have already implemented the control mechanisms necessary to support advanced grid codes and standards that are required to support high penetration of solar energy into utility grids.
+Added: We continue to develop and manufacture our own DSP (ASIC) in our inverters which enables us to improve the performance of our control loops, increase our cost savings and reduce dependence on third party suppliers.
+Added: The DSP (ASIC) performs the critical power analysis and power conversion control functions of the inverter.
+Added: Additionally, our digital control system uses technology that is designed to allow the inverter to anticipate and adapt to changing operating conditions, and to protect itself against system anomalies as well as comply with applicable regulations in the different regions in which we operate.
+Added: Our DSP (ASIC) is also in charge of our PLC networking link between the inverter and the optimizers.
+Added: Our PLC uses a proprietary networking technology that we developed, utilizing the existing DC wiring between the Power Optimizers and the inverter to transmit and receive data and commands between these devices.
+Added: We have developed and continue to develop in-house design and manufacturing capabilities for several major passive components, such as magnetic components, in order to decrease dependence on suppliers, improve component performance, reduce costs and have better control over our production processes.
+Added: Our Inverter Product Roadmap :
+Added: Our inverter roadmap includes both new products as well as additional capabilities for existing inverters.
+Added: Our inverter roadmap is intended to serve four main purposes:
+Added: (i) expand addressable markets (ii) improve electronic design:
+Added: increase total power throughput while minimally changing the existing enclosure, thereby reducing cost per watt and increasing economies of scale;
+Added: (iii) simplify and enhance ease of installation:
+Added: integrate additional functionality required in certain installations to reduce costs of additional hardware and subcontractors’ labor costs;
+Added: and (iv) improve the residential inverter's functionality.We are in the final stages of the development of our next-generation SolarEdge Nexis Inverters for single phase and three phase systems, which is now in the process of being launched.
+Added: We plan to begin offering the new SolarEdge Nexis Inverter 3ph which is designed to provide between 8-20 kW to address the three phase residential market and the SolarEdge Nexis Inverter 1ph designed to provide 3.8-13 kW to address the single phase residential market.
+Added: We plan to introduce our MultiRange Concept, which is designed to simplify the way our customers stock, sell, install, and service SolarEdge inverters.
+Added: This is part of our ongoing efforts to save time, reduce complexity, and grow profitably with our products.
+Added: With the MultiRange Concept, select residential and commercial inverters will be able to support multiple power ratings rather than be limited to one power setting.
+Added: While the inverters are stocked, the inverter power rating remains undefined.
+Added: Installers only need to configure the inverter power onsite, during the commissioning process using our SolarEdge Go mobile app.
+Added: This concept is intended to lessen the amount of overall part numbers and simplify inventory management.
+Added: Each inverter can support multiple job sizes.
Storage Solutions.
For the Residential Market :
−Removed: The SolarEdge Home Battery 400V, our DC-coupled, 10kWh, single phase battery integrates with our single phase SolarEdge Home Hub and Wave family of inverters.
−Removed: We also offer the SolarEdge Home Battery 48V, our DC-coupled, 4.6kWh, battery that integrates with our three phase SolarEdge Home Hub Inverters.
−Removed: When connected with our SolarEdge Home Backup Interface (BUI), either our single and three phase inverters, the SolarEdge Home Battery provides homeowners the ability to power their homes even when the grid is off for anywhere from several hours to many days, depending on use of loads and available sunlight during the outage.
+Added: The SolarEdge Home Battery 400V, our DC-coupled, 10kWh, single-phase battery (scales up to 3 batteries per inverter) integrates with our single phase SolarEdge Home Hub and Wave family of inverters.
+Added: We also offer the SolarEdge Home Battery 48V, our DC-coupled, 4.6/4.85kWh (can scale up to 5 battery modules per inverter) battery that integrates with our three phase SolarEdge Home Hub Inverters.
+Added: When connected with our SolarEdge Home Backup Interface (BUI), with either of our single and three-phase inverters, the SolarEdge Home Battery aims to provide homeowners the ability to power their homes even when the grid is off for anywhere from several hours to several days, depending on use of loads and available sunlight during the outage.
The battery also works in tandem with the SolarEdge ONE energy optimization system to optimize the use of solar energy in locations with different types of import and export tariffs scenarios (such as time-of-use and dynamic rates).
+Added: Our batteries can be connected to our cloud‑based monitoring platform, reporting information on the battery status, solar production, and self-consumption data.
With the SolarEdge backup solution, power is stored in a battery and can be used during a power outage to power essential devices such as refrigerators, communication devices, lighting, and AC outlets for anywhere from several hours to many days, depending on use of loads and available sunlight during the outage.
+Added: Residential Storage Solution - Technology :
+Added: In 2021, we released our first lithium-ion residential batteries for sale in the U.S.
+Added: and Europe through our solar distribution channels.
+Added: Our batteries are composed of lithium cells, a Battery Management System (BMS), bi-directional DC/DC high efficiency converter that facilitates the charging and discharging of the battery, and a user interface.
+Added: Our DC/DC converter uses digital control algorithms, which are implemented using a programmable digital signal processor.
+Added: Our power products, inverters, Power Optimizers, and batteries are connected to the same DC bus, allowing the battery to be directly charged by the DC current generated by the Power Optimizers without AC conversion, thereby reducing the round-trip efficiency of PV generated power provided from batteries the AC loads.
+Added: Residential Storage Solution - Product Roadmap :
+Added: Our residential storage solution, launched in 2021, is designed to integrate with our single phase and three phase inverters to provide optimal energy management, maximum efficiency, longer backup times and increased ease of use for homeowners.
+Added: We plan to begin offering a new SolarEdge Nexis Battery, our DC-coupled, 4.65 kWh battery (scaling up to 78.4 kWh per inverter) that integrates with both our single phase and our three phase SolarEdge Nexis Inverters.
+Added: When connected to the SolarEdge Home Backup Interface (in Europe) and SolarEdge IslanDERTM (in North America), the SolarEdge Nexis Battery is designed to provide homeowners the ability to power their homes even when the grid is off for anywhere from several hours to many days, depending on use of loads and available sunlight during the outage.
For the Commercial market :
−Removed: Released in 2024, the SolarEdge CSS-OD is a 102.4 kilowatt hour (“kWh") rated solution scalable up to megawatt hour ("MWh") size sites, suitable for indoor outdoor or indoor installations.
−Removed: It consists of a pre-assembled battery cabinet and battery inverter, featuring safety features and connects with the SolarEdge PV system.
−Removed: The CSS-OD is managed by the SolarEdge ONE for our C&I energy optimization platform, which controls the battery’s functionality to support various use cases such as maximum self-consumption, peak shaving and more, for maximum electricity savings.
+Added: The SolarEdge CSS-OD solution, suitable for indoor or outdoor installations, includes the CSS-OD 102.4 (102.4 kilowatt hour) and CSS-OD 197 (197 kilowatt hour) batteries scalable up to megawatt hour ("MWh") size sites.
+Added: Each model consists of a pre-assembled battery cabinet and one or two battery inverters (depending on the model) and includes advanced safety features.
+Added: The CSS-OD connects with the SolarEdge PV system and is managed by the SolarEdge ONE for C&I energy optimization platform, which controls the battery’s functionality to support various use cases such as maximum self-consumption, peak shaving and more, for maximum electricity savings.
The CSS-OD solution also supports backup power by integrating with the CSS-OD back up unit, or BUI, which is available in some countries.
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This on-grid storage solution can enable system owners to reduce their electricity costs by storing excess solar production in the battery for maximizing self-consumption and by boosting their resilience to volatile electricity prices.
+Added: Commercial Storage Solution - Technology :
+Added: We offer commercial and industrial battery storage solutions through our CSS-OD product family, including the 102.4kWh-rated CSS-OD 102.4 and the 197kWh-rated CSS-OD 197.
+Added: Designed for indoor and outdoor deployment, including operation in harsh environments, both battery systems are delivered in pre-assembled enclosures to minimize onsite work and reduce installation faults.
+Added: The CSS-OD 102.4 incorporates a 50kW inverter and can support connection of up to two batteries per commercial inverter for MWh-scale sites, while the CSS-OD 197 provides higher energy density, with 50kW or 100kW inverter capacity, and storage capacity scaling up to 4MWh per site, addressing the needs of larger applications.
+Added: Both solutions are designed to integrate with the SolarEdge commercial PV ecosystem and are managed through SolarEdge ONE for C&I, enabling optimized energy utilization and cost reduction.
+Added: Our CSS-OD battery systems are incorporate built-in, multi-layered safety technologies meant to address potential risks across cell, module, cluster, and cabinet levels, creating a comprehensive safety framework that safeguards the system and the site.
+Added: The CSS-OD meets multiple battery safety standards including UL9540A (that measures fire, gas emissions, and explosion risks) and IEC 62619 (covering industrial lithium-ion batteries).
+Added: At the cell and module levels, protection mechanisms focus on early risk prevention through continuous monitoring of key parameters, such as voltage and temperature.
+Added: At the cluster level, integrated detection and response technologies—including fire, smoke, and environmental sensors—monitor and regulate groups of battery modules, with the CSS-OD 197 incorporating enhanced detection and suppression capabilities to support higher energy density deployments.
+Added: At the cabinet level, each system provides physical and environmental protection for the battery enclosure, supported by thermal management and system monitoring.
+Added: Our built-in battery enclosure HVAC system is designed to protect internal components, and module-level fire detection mechanisms and multiple electrical safeguards such as Dual DC Relays and DC Breakers (MCCB) work to isolate faults in connected energy modules.
+Added: Software-driven safety measures, including real-time alerts, diagnostics, and secure cloud connectivity, further enhance system protection and operational resilience.
+Added: Both CSS-OD models can be connected to our SolarEdge ONE for the C&I platform, for cloud-based operation, maintenance, and monitoring.
+Added: It can present the operational status and alerts from cell to cabinet level and consolidates data and alerts for both the PV system and CSS-OD battery.
+Added: The ONE for C&I platform is designed to ensure the CSS-OD storage solution is leveraged in an optimized manner, by intelligently combining site-level production and consumption patterns with factors such as weather conditions, electricity prices, and local feed-in tariffs.
+Added: It combines with the SolarEdge ONE Controller to manage energy storage and discharge.
+Added: Commercial Storage Solution - Product Roadmap :
+Added: In 2025, we extended our commercial storage solution portfolio with the release of our 197kWh-rated SolarEdge CSS-OD 197 with 50kW or 10kW inverter capacity and storage capacity scaling up to 4MWh per site.
+Added: We plan to introduce an indoor/outdoor 107.52 kWh-rated SolarEdge CSS-OD 107 storage solution.
+Added: Similar to the previous CSS-OD models, it includes advanced battery safety technologies designed to protect against thermal runway events, ensure safe electrical operation and safeguard internal components, and is delivered in a pre-assembled enclosure to minimize onsite work and reduce installation faults.
+Added: The CSS-OD 107 incorporates a next generation 30kW or 50kW battery inverter designed to deliver built-in backup capabilities, transformerless off-grid operation and phase-independent control for stable system performance.
EV Chargers and Software management of EV charging.
−Removed: SolarEdge sells EV chargers for residential and commercial applications which allow the system owner to redirect excess PV energy to charge electric vehicles.
+Added: Product Offering:
+Added: We sell EV chargers for residential and commercial applications which allow the system owner to redirect excess PV energy to charge electric vehicles.
This product enables consumers to increase their self-consumption of clean energy.
The SolarEdge ONE smart energy optimization system can be programmed to automatically charge the EVs using energy generated at the most advantageous times and the optimal economically efficient rates.
−Removed: In addition, in April 2024, we completed the acquisition of all outstanding shares in Weev Energy B.F.
−Removed: Ltd., ("Wevo").
+Added: In April 2024, we completed the acquisition of all outstanding shares in Wevo Energy Ltd., (formerly known as Weev Energy B.F Ltd) (“Wevo”).
Wevo is a software company specializing in EV charging optimization and management for sites with large quantities of EV chargers such as apartment buildings, workplace parking lots, and public charging locations.
−Removed: The Wevo solution is expected to become a part of the SolarEdge ONE energy optimization system for our C&I segment, designed to offer SolarEdge customers a single energy optimization solution that manages and integrates between on-site solar generation, battery storage and large-scale EV charging.
+Added: The Wevo solution integrates between on-site solar generation, battery storage and large-scale EV charging.
+Added: In September 2025, we introduced the SolarEdge ONE EV Charger, suitable for both residential and commercial installations.
+Added: Designed for flexible installations and long-term reliability, it supports both single- and three-phase installations, with indoor/outdoor compatibility and socket or tethered configurations.
+Added: The SolarEdge ONE EV Charger is available in two models, standard and Pro.
+Added: The SolarEdge ONE EV Charger is designed to integrate seamlessly with the SolarEdge product ecosystem.
Smart Energy Products.
−Removed: As the solar energy industry evolves, SolarEdge has and continues to develop innovative solutions to further enhance smart energy technology, including inverters that include compatibility with batteries for increased self-consumption for backup, backup interfaces devices, smart meters, smart energy management devices (sockets, hot water controllers, wireless relay) and smart PV modules.
−Removed: This product expansion has enabled us to increase average revenue per installation, or ARPI.
−Removed: Smart Trackers.
−Removed: Our SolarGik smart PV tracker is optimized for installations on constrained and sloped terrains, eliminating the need for costly grading and construction.
−Removed: Our trackers come with advanced software that is designed to optimize production, predict weather changes, maximize bifacial gains and respond to remote commands.
−Removed: The tracker solutions are light weight, which allows them to be installed not only in regular ground mount projects, but also on rooftops, greenhouses, carports and agricultural fields.
−Removed: Smart Energy Management.
+Added: As the solar energy industry evolves, SolarEdge has and continues to develop innovative solutions to further enhance smart energy technology.
+Added: Smart Energy Management Systems.
We have developed smart energy management software and capabilities that integrate seamlessly with our hardware solutions.
−Removed: These innovations enable system owners to store solar energy at cost-effective times, and control the timing of their PV energy consumption.
−Removed: This approach increases their energy independence, take advantage of lower time-of-use rates, reduces electricity bills, and improves overall system ROI.
−Removed: SolarEdge ONE is an energy optimization system, designed for a dynamic energy landscape.
+Added: These tools are designed to enable system owners to store solar energy at cost‑effective times by controlling the timing of their PV energy consumption, increasing energy independence, taking advantage of time‑of‑use rates, reducing electricity bills, and improving overall system ROI.
+Added: SolarEdge ONE for Residential is an energy optimization system, designed for a dynamic energy landscape.
It deploys a personalized 24-hour home energy plan that adapts to real-time market and weather changes, optimizing how homeowners use, store & sell their PV power to maximize savings.
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SolarEdge ONE is designed to adapt to dynamic or peak rates tariffs, optimize negative rates, facilitate VPP participation, and maximize self-consumption & backup duration, while synchronizing with site data & correcting itself in real-time.
−Removed: In April 2023, SolarEdge completed the acquisition of all outstanding shares of Hark Systems Ltd.
−Removed: ("Hark"), a UK-based energy IoT company for the C&I sector.
−Removed: Hark's platform is designed to enable commercial and industrial customers expanded capabilities in energy management and connectivity, including identification of potential energy savings, detection of anomalies in assets’ energy consumption, and optimization of energy usage and carbon emissions through load orchestration and storage control.
+Added: SolarEdge ONE for Residential - Product Roadmap :
+Added: We are developing new features and capabilities for the smart energy management solutions.
+Added: For instance, our SolarEdge ONE Controller, is designed to enable the homeowner to run and manage their most energy-intensive devices on excess solar energy.
+Added: We have introduced smart energy and fleet management platforms for the commercial market with the SolarEdge ONE Controller for C&I.
+Added: It is a local communication gateway that is designed to optimize energy use across commercial facilities for lower electricity costs.
+Added: The SolarEdge ONE Controller integrates the site’s energy infrastructure including PV inverters, batteries, sensors, meters, and other energy equipment, enabling real-time monitoring and control.
+Added: It also acts as a cyber gateway, meant to protect against unauthorized system access.
SolarEdge Software Solutions.
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The monitoring software continuously analyzes data and flags potential issues.
−Removed: The monitoring software includes features which are used routinely by integrators, installers, maintenance staff, and system owners to improve a solar PV system’s performance.
+Added: The monitoring software includes features which are used routinely by integrators, installers, maintenance staff, and system owners to improve a PV system’s performance.
+Added: In 2025, we started migrating our commercial customers from the legacy Monitoring Platform to the SolarEdge ONE energy optimization platform, featuring new, that enable improved performance analysis, monitoring, and management capabilities across SolarEdge commercial fleets.
mySolarEdge app .
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SolarEdge Go app .
−Removed: The SolarEdgeGo app is a mobile application designed for SolarEdge installers, integrating installation, management, and service capabilities into a single platform.
+Added: The SolarEdge Go app is a mobile application designed for SolarEdge installers, integrating installation, management, and service capabilities into a single platform.
This comprehensive app allows installers to manage their fleets efficiently by providing real-time alerts, equipment management, and user administration.
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This app enhances the overall installer experience by consolidating multiple functionalities into one tool, making it convenient for installers to monitor and manage their entire fleet.
−Removed: Designer platform .
−Removed: Our designer platform is a proprietary web-based tool that helps solar professionals plan, build, simulate, and validate residential and commercial systems from inception to installation.
+Added: We intend for SolarEdge Go to replace our legacy SetApp mobile app for all residential and commercial site installation commissioning.
+Added: SolarEdge Designer Platform .
+Added: Our Designer Platform is a web-based tool that helps solar professionals plan, build, simulate, and validate residential and commercial systems from inception to installation.
+Added: SolarEdge Designer Platform - Product Roadmap :
+Added: Over the course of 2025, we released several major features designed to enhance the system design and sales experience, including:
+Added: • Importing existing sites from our monitoring software directly into Designer - complete with all equipment and real consumption data – to quickly plan customer upgrades or expansions e.g.
+Added: adding more PV modules or batteries to an existing system;
+Added: • Providing smart battery sizing recommendations, tailored to desired capacity and performance targets, when adding storage to SolarEdge PV sites.
+Added: Users can view and compare multiple optimized options side by side, making it easy to choose the best solution at a glance;
+Added: • Detailed AC and DC cabling calculation and visualization across the electric design, that automatically feed into string reports and losses diagram (gradual roll out).
Mapper Application .
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This application is designed to simplify and expedite installations.
+Added: We plan to replace our SetApp application with SolarEdge Go, for all residential and commercial site installations as well as for commissioning activities.
+Added: SetApp Application - Product Roadmap :
+Added: We continue to improve our software offering portfolio with the introduction of new tools and features.
+Added: We are developing algorithms that detect and pinpoint problems that can affect power production in field systems.
+Added: In addition, we are expanding the capabilities of our public Application Programming Interfaces (APIs) to enable third‑party developers, partners, and customers to integrate our systems into their own applications and workflows.
+Added: These expanded APIs will allow users to build, deploy, and share innovative solutions leveraging the monitoring and operational data generated by our software platforms.
Grid Services.
−Removed: As PV and storage continue to proliferate around the world, energy production is transitioning from a centralized system to a distributed network model, where energy is produced and stored close to the location in which it is consumed.
+Added: As energy production is transitioning from a centralized system to a distributed network model, where energy is produced and stored close to the location in which it is consumed.
This model creates an opportunity for new interconnected and decentralized energy networks offering improved grid reliability and stability, new energy service and reduction in grid infrastructure costs.
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Our Virtual Power Plant program interfaces (APIs) are used by our partners for countering peak demand events and for participating in various electricity markets.
−Removed: In 2024, SolarEdge continued to sell grid services in the U.S., Europe and Australia, including services provided to independent system operators, energy retailers, national installers and others.
−Removed: In the last year, SolarEdge has introduced flexible grid services by partnering with Axle Energy in the United Kingdom and with Frank Energie in the Netherlands.
−Removed: Product Roadmap
−Removed: Our solar segment products reflect our focus on innovation, the capacity of our technology departments as well as the emphasis that we put on creating value for our customers.
−Removed: Our core solar product roadmap is divided into five categories:
−Removed: Power Optimizers, inverters, software supporting our DC optimized inverter systems, batteries for PV applications, and smart energy management.
−Removed: Power Optimizers.
−Removed: We currently sell our fourth and fifth generation of Power Optimizers, the S-Series, designed for fully automated assembly and based on our fourth and fifth generation ASICs, respectively.
−Removed: We have launched the H1300, a Gen 4 based power optimizer, as a part of the SolarEdge TerraMax™ inverter solution, and expect to add the H1500 Power Optimizer to the TerraMax™ offering.
−Removed: The H1500 will enable more power per string and support even higher power PV modules, leading to reduced BoS costs.
−Removed: The H-Series models are our first optimizer equipped with high frequency DC power line communications technology which allows communication with larger numbers of Power Optimizers for ground mount applications as well as improved remote software upgrade capabilities.
−Removed: A key element of our reliability strategy, and a significant differentiator relative to our competitors, is our use of proprietary ASICs to control our Power Optimizer’s power conversion, safety features, and PV module monitoring.
−Removed: Instead of using large numbers of discrete components, our Power Optimizer uses a single proprietary ASIC, thus reducing the total number of components in an electrical circuit and improving reliability.
−Removed: With each new ASIC generated, we have reduced the number of components required for any given functionality, thereby adding more functions to the Power Optimizer, and meaningfully improves its efficiency.
−Removed: This improvement in efficiency reduces energy loss, which in turn, decreases heat dissipation.
−Removed: This enables design of a more cost-effective and typically smaller enclosure and while keeping the electronics cooler, thereby improving the Power Optimizer’s reliability.
−Removed: Our research and development teams continuously work on further improving our ASICs and releasing new generations of this advanced technology.
−Removed: Our inverter roadmap includes both new products as well as additional capabilities for existing inverters.
−Removed: Our inverter roadmap is intended to serve four main purposes:
−Removed: (i) expand addressable markets:
−Removed: develop new and larger inverters, designed specifically for larger commercial installations and utility-scale projects;
−Removed: (ii) improve electronic design:
−Removed: increase total power throughput while minimally changing the existing enclosure, thereby reducing cost per watt and increasing economies of scale;
−Removed: (iii) simplify and enhance ease of installation:
−Removed: integrate additional functionality required in certain installations to reduce costs of additional hardware and subcontractors’ labor costs;
−Removed: and (iv) improve the residential inverter's functionality:
−Removed: serve as a hub for home energy management, integrating, controlling and optimizing the main home energy sources and loads.
−Removed: We continue to expand our software offering with the introduction of new tools and features.
−Removed: These include both professional web-based software and system owner applications such as fleet management, the site designer tool, the mySolarEdge consumer applications, all of which are offered to our install base as complimentary to the sales of our hardware solutions.
−Removed: Our cloud-based Monitoring Platform is in the process of being phased out, as we continue to migrate users to the new SolarEdge One energy optimization platform, launched in 2024.
−Removed: We are continuously developing tools to accommodate our growth and further enhance our service offering.
−Removed: We continue developing algorithms that detect and pinpoint problems that can affect power production in field systems.
−Removed: We plan to add more capabilities through our public API to allow users to build and integrate our system into their own systems and build and share useful applications based on monitoring data gathered by our software.
−Removed: Since our acquisition of Wevo, in April 2024, we continue to integrate Wevo's charging optimization and management software capabilities into our SolarEdge ONE for C&I platform.
−Removed: We are also working to provide partners with enhanced transparency and control over their energy usage and carbon emissions, by integrating new energy management and connectivity capabilities with SolarEdge
−Removed: Batteries for PV applications.
−Removed: Our residential storage solution, launched in 2021, is designed to integrate with our single-phase and three-phase inverters to provide optimal energy management, maximum efficiency, longer backup times and increased ease of use for homeowners.
−Removed: We expect to continue to expand our residential storage solutions to cover more applications, improve battery management, efficiency and integration with energy management systems.
−Removed: In 2024 we accelerated the development of our next-generation residential battery for single-phase and three-phase systems, which is planned to be launched sometime in 2025.
−Removed: Smart Energy Management.
−Removed: We are developing new features and capabilities for the smart energy management solutions, which are constantly evolving.
−Removed: For instance, our SolarEdge Home Local Controller, will enable the homeowner to run and manage their most energy-intensive devices on excess solar energy.
−Removed: We are also introducing smart energy management and fleet management to the commercial segment.
−Removed: We also plan on expanding the availability of our smart energy products, including smart energy management devices, to new geographies and use cases.
−Removed: New Products or Product Categories.
−Removed: We continuously evaluate opportunities to expand our product offerings and services to our customers.
−Removed: We may from time to time develop new products or services that are a natural extension of our existing business, or may engage in acquisitions of businesses or product lines with the potential to strengthen our market position, enable us to enter attractive markets, expand our technological capabilities, or provide synergistic opportunities.
+Added: In 2025, SolarEdge continued to sell grid services, mainly in the U.S., including services provided to independent system operators, energy retailers, national installers and others.
+Added: Product Portfolio Evolution.
+Added: We continuously evaluate opportunities to expand our core product offerings and services to our customers.
+Added: We may from time to time develop new products or services that are a natural extension of our core products and existing business, or may engage in acquisitions of businesses or product lines with the potential to strengthen our market position, enable us to enter attractive markets, expand our technological capabilities, or provide synergistic opportunities.
+Added: In parallel, we also evaluate and, when appropriate, divest or discontinue non‑core product lines, such as our recent divestitures from our Energy Storage Department and our PV tracker business, to maintain a company wide focus on our core offerings.
Sales and Marketing Strategy
−Removed: Our solar business strategy is to focus on penetrating new geographic regions and increasing our market share.
−Removed: More specifically, we focus on markets where electricity prices, irradiance and government policies make solar PV installations economically viable.
−Removed: Our solar products have been installed in over 145 countries.
+Added: In 2025, we began to strategically focus on our core markets and product lines to better align resources with markets and product lines that exhibit the strongest potential.
+Added: As part of this strategic portfolio rationalization, we are concentrating our operations in key jurisdictions while discontinuing local activities in certain countries.
+Added: We remain open to penetrating new geographic regions and increasing our market share.
We target our sales and marketing efforts to the largest distributors, electrical equipment wholesalers, EPC contractors and installers in each of the countries where we operate.
−Removed: Our products are carried and actively sold by most of the top solar PV distributors as well as the largest electrical distribution companies.
−Removed: As of December 31, 2024, based on the number of installer accounts on our monitoring portal, over 74,000 installers around the world have installed SolarEdge solar PV systems.
−Removed: Additionally, as further detailed below, we have launched several programs focused on educating installers and other industry professionals about our technology, and we use a combination of road shows, webinars, and partner trainings to teach them how to best design, sell, and implement our technology in their projects.
+Added: Our products are carried and actively sold by most of the top PV distributors as well as some of the largest electrical distribution companies.
+Added: As of December 31, 2025, based on the number of installer accounts on our monitoring portal, over 93,000 installers around the world have installed SolarEdge PV systems.
+Added: Additionally, as further detailed below, we offer several programs focused on educating installers and other industry professionals about our technology, and we use a combination of road shows, webinars, and partner trainings to teach them how to best design, sell, and implement our technology in their projects.
Our Customers
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and worldwide.
−Removed: In 2024, one of our customers, CED group, represented 12.9% of our revenues.
+Added: In 2025, one of our customers, Consolidated Electrical Distributors, Inc, represented 18.6% of our revenues.
None of our other customers accounted for more than ten percent of our revenues in the year ended December 31, 2025.
Training and Customer Support
−Removed: We offer our installer base a comprehensive package of customer support and training services which include pre-sales support, ongoing trainings, and technical support before, during, and after installation.
+Added: We offer our installer base a comprehensive package of customer support and training services which include pre-sales support, ongoing trainings, and technical support before, during, and after installation based on our global operation structure.
We also provide customized support programs to large installers and distributors to help prioritize and track support issues, thereby enabling short cycle times for issue resolution.
+Added: In December 2025, we began to roll out new AI‑powered virtual support agents, designed to help resolve common technical inquiries, reduce service wait times, and provide real‑time troubleshooting and product guidance across phone and chat channels.
+Added: We also deployed an AI‑driven agent assistant that delivers context‑aware response recommendations to support teams, enhancing service accuracy, consistency, and operational efficiency.
During 2025, our training portal (Edge Academy) hosted over 161,263 learners.
−Removed: During 2024, over 14,000 installers completed our certification programs.
+Added: During 2025, 12,162 installers completed our certification programs.
In addition to the above, we support our commercial system customers with design consulting throughout their sales process and installation.
−Removed: Our technical support organization includes local expert teams, tech centers, an online service portal and live chat service.
+Added: Our technical support organization includes local expert teams, tech centers, an online service portal, an AI-powered virtual support agent, and live chat service.
Our toll-free call and live chat centers are open Monday through Friday at least from 9:00 a.m.
−Removed: in every region in which we sell our products.
+Added: based on our global support operation structure.
In addition, customers can open and track support cases 24/7 utilizing our online portal.
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Our call centers have access to our cloud-based monitoring platform database, which enables real-time remote diagnostics.
−Removed: Customer service and satisfaction continues to be a key component of our business offering and we consider it integral to our continued success.
−Removed: We maintain high levels of customer engagement through our call centers in California, Australia, Japan, Israel, India, Bulgaria, Brazil, Taiwan, Thailand, South Africa, Philippines and Poland.
+Added: Customer service and satisfaction continue to be a key component of our business offering and we consider it integral to our continued success.
+Added: We maintain high levels of customer engagement through our call centers in California, India, Bulgaria, Israel, Brazil, Taiwan, Thailand, and Poland.
In addition to our call centers, we have field service engineers located in the geographies where we are active, and support our customers with commissioning of large projects, introduction of new technologies and features and on-the-job training of new installers.
As of December 31, 2025, our customer support and training organization consisted of 749 employees worldwide.
−Removed: Our Technology
−Removed: We have drawn on our expertise in the fields of power electronics, analog and digital electronics, magnetic design, mechanical and heat dissipation, control, and algorithms, power line communications and lithium-ion battery technology to design and develop what we believe to be the most advanced commercial solutions for harvesting power from solar PV, storage and energy management solutions for residential and commercial applications.
−Removed: These technologies are explained in greater detail below.
−Removed: As part of our growth strategy, we have acquired companies that have technologies that can leverage our expertise in power electronics and power optimization.
−Removed: By combining acquired resources with our current research and development teams, we are expanding our activities into other areas such as energy IoT, EV charging optimization, and energy storage systems.
−Removed: Power Optimizers
−Removed: Our Power Optimizers are DC/DC step up/step down ("buck+boost") converters designed and developed to operate in harsh outdoor environments at very high conversion efficiency.
−Removed: Our Power Optimizers include proprietary power electronics and control loops customized to efficiently convert power from the PV module to the inverter.
−Removed: A key factor in the performance of our Power Optimizer is determined by the digital control algorithms and closed-loop control mechanism.
−Removed: The Power Optimizer’s control is built into our advanced ASIC which is responsible for all digital control functions of the power optimizer, including detailed power analysis, digital real-time control of the power conversion subsystem, power line communications and networking.
−Removed: Since each Power Optimizer handles the power and voltage of either a single module or two modules, we are able to reach a high degree of semiconductor integration by leveraging low-cost silicon in standard semiconductor packages.
−Removed: As a result, much of the Power Optimizer functionality can be integrated into a standard ASIC instead of requiring discrete electronic components, resulting in lower costs and higher reliability.
−Removed: The ASIC performs the critical power analysis and power conversion control functions of the Power Optimizer.
−Removed: The power analysis functions process the state and working parameters at the Power Optimizer’s input and output and, together with advanced digital control and state machine logic, control the power conversion function.
−Removed: In addition, our digital control system uses technology that allows the solar PV installation to anticipate and adapt to changing operating conditions, and to protect itself against system anomalies.
−Removed: Each Power Optimizer in the array is connected to the inverter by a power line communications networking link.
−Removed: Our power line communications link uses a proprietary networking technology that we developed, utilizing the existing DC wiring between the Power Optimizers and the inverter to transmit and receive data between these devices using scalable technology supporting a wide range of installation sizes, from small residential to large commercial installations.
−Removed: Most of our inverters are designed for single-stage DC/AC conversion.
−Removed: Using our inverter in combination with the Power Optimizers allows the inverter control loop to maintain a regulated DC voltage level at its input, thereby enabling the inclusion of long, uneven, and multi-faceted strings of solar modules while also enabling custom, cost efficient, and reliable inverter design and component selection.
−Removed: All of the power components, as well as the main magnetic components for our inverters, can then be optimized for highly efficient DC/AC inversion.
−Removed: Our inverters’ digital control algorithms are implemented using programmable digital signal processors which allow for flexibility and the adaptation of control loops for various grids and for the requirements and standards of different grid operators across geographies.
−Removed: We have already implemented the control mechanisms necessary to support advanced grid codes and standards that are required to support high penetration of solar energy into utility grids.
−Removed: We continue to develop and manufacture our own DSP (ASIC) in our inverters which enables us to improve the performance of our control loops, increase our cost savings and reduce dependence on third party suppliers.
−Removed: The DSP (ASIC) performs the critical power analysis and power conversion control functions of the inverter.
−Removed: The power analysis functions process the state and working parameters at the power inverter’s input and output, and together with advanced digital control and state machine logic controls the power conversion function.
−Removed: Additionally, our digital control system uses technology that is designed to allow the inverter to anticipate and adapt to changing operating conditions, and to protect itself against system anomalies as well as comply with applicable regulations in the different regions in which we operate.
−Removed: Our DSP (ASIC) is also in charge of our PLC networking link between the inverter and the optimizers.
−Removed: Our PLC uses a proprietary networking technology that we developed, utilizing the existing DC wiring between the Power Optimizers and the inverter to transmit and receive data and commands between these devices.
−Removed: We have developed and continue to develop in-house design and manufacturing capabilities for several major passive components, such as magnetic components, in order to decrease dependence on suppliers, improve component performance, reduce costs and have better control over our production processes.
−Removed: Batteries for PV applications
−Removed: Residential Market.
−Removed: In 2021, we released our first lithium-ion residential batteries for sale in the U.S.
−Removed: and Europe through our solar distribution channels.
−Removed: Our batteries are composed of lithium cells, a Battery Management System (BMS), bi-directional DC/DC high efficiency converter that facilitates the charging and discharging of the battery,and a user interface.
−Removed: Our DC/DC converter uses digital control algorithms, which are implemented using a programmable digital signal processor.
−Removed: Our power products, inverter, Power Optimizers and battery are connected to the same DC bus, allowing the battery to be directly charged by the DC current generated by the Power Optimizers and bypassing the AC conversion, thereby reducing the round-trip efficiency of PV generated power provided from batteries the AC loads.
−Removed: Our DC-coupled battery is designed to connect with our inverters, allowing up to three batteries per inverter.
−Removed: Our batteries can be connected to our cloud‑based monitoring platform, reporting information on the battery status, solar production, and self-consumption data.
−Removed: Commercial market.
−Removed: Our 102.4kWh-rated CSS-OD battery solution was released in 2024 for commercial PV system owners.
−Removed: Designed for indoor and outdoor use, including operation in harsh environments, it is delivered in a pre-assembled enclosure, with an integrated 50kW inverter, to minimize onsite work and reduce installation faults.
−Removed: The CSS-OD is an AC-coupled battery, supporting connection of up to two CSS-OD batteries for each SolarEdge commercial inverter, scaling up to MWh-size sites.
−Removed: The CSS-OD’s, built-in safety technology, is designed to address potential risks at four distinct levels, creating a multi-layered safety net that safeguards both the system and the site.
−Removed: At the most granular level, the cell and energy module protection focus on preventing risks at the core of the battery.
−Removed: Each of the 20 energy modules comes with its own battery management unit (BMU) that continuously measures voltage and temperature for performance and safety optimization.
−Removed: At the cluster-level, the CSS-OD has multiple safety mechanisms including fire, smoke, and water sensors, to monitor and regulate the behavior of groups of energy modules.
−Removed: The cabinet layer provides physical and environmental protection for the battery system as a whole and software-driven safety measures are provided at the application level, including real-time alerts and diagnostics.
−Removed: The CSS-OD is designed to protect internal components with a built-in battery enclosure HVAC system, module-level fire detection mechanism and multiple electrical safeguards such as Dual DC Relays and DC Breakers (MCCB) that work to isolate faults in connected energy modules.
−Removed: The CSS-OD is connected to our SolarEdge ONE for the C&I platform, for cloud-based O&M and monitoring.
−Removed: It presents operational status and alerts from cell to cabinet level and consolidates data and alerts for both the PV system and CSS-OD battery.
Manufacturing
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outsource, automate, and localize.
−Removed: We currently contract to have our solar products manufactured by two of the world’s leading global electronics manufacturing service providers, Jabil Circuit, Inc.
+Added: We currently contract to have our solar products manufactured by two of the world’s leading global electronics manufacturing service providers, Jabil Inc.
(“Jabil”) and Flex Ltd.
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We expect to continue this funding arrangement in the future, with respect to any expansions to such existing lines save for circumstances where the direct purchase by us of non-specific manufacturing equipment will result in a substantial reduction in costs in which case we will consider financing such non-specific manufacturing equipment ourselves.
−Removed: In light of recent Inflation Reduction Act legislation in the United States which incentivizes the local manufacturing of renewable energy products by providing benefits to installers for the purchase and installation of US-manufactured products, as well as by incentivizing manufacturers of such products domestically, we are manufacturing single phase inverters in Texas, are currently increasing manufacturing of three phase inverters and optimizers in Florida, and are also ramping manufacturing of our residential batteries in Utah.
+Added: In light of the Inflation Reduction Act ("IRA") legislation in the United States which incentivizes the local manufacturing of renewable energy products by providing benefits to installers for the purchase and installation of US-manufactured products, as well as by incentivizing manufacturers of such products domestically, we are manufacturing inverters in Texas, inverters and optimizers in Florida, and are also ramping manufacturing of our batteries in Utah.
With the ramp-up of these new sites and as part of an effort to centralize and improve operational activity, we have discontinued manufacturing in China, Mexico, and Hungary.
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The proximity of Sella 1 to our R&D team and labs enables us to accelerate new product development cycles as well as define equipment and manufacturing processes of newly developed products which can then be adopted by our contract manufacturers worldwide.
−Removed: SolarEdge is mindful of the transformative impact of automation and AI in manufacturing efficiency and product innovation.
+Added: SolarEdge is mindful of the transformative impact of automation and AI in manufacturing efficiency and product manufacturing innovation.
We are continuously striving to enhance the capabilities of all of our products through cutting-edge advancements in production processes.
−Removed: One significant focus that we have taken on is automating the manufacture of our inverters, aiming to replicate the significant advantages achieved in the automated manufacturing line of our optimizers.
−Removed: We have developed propriety automated assembly lines for the manufacturing of our power optimizers.
−Removed: These assembly lines, currently operating in all of our manufacturing facilities, enable the manufacturing of more than 6,000 optimizers per manufacturing line per day.
−Removed: We invest resources in additional automated assembly lines as well as in automated machinery for subassembly and self-manufacturing of certain components used in our products, and we own and are responsible for funding all of the capital expenses related thereto.
−Removed: The current and expected capital expenses associated with these automated assembly lines and other machinery is funded out of our cash flows.
+Added: One significant focus that we have taken on is automating the manufacture of our inverters and optimizers.
+Added: We invest resources in l automated assembly lines as well as in automated machinery for subassembly and self-manufacturing of certain components used in our products, and we own and are responsible for funding most of the capital expenses related thereto.
+Added: The current and expected capital expenses associated with these automated assembly lines and other machinery are funded out of our cash flows.
We source our raw materials through various component manufacturers and invest resources in continued cost-reduction efforts as well as verifying second and third sources so as to limit dependence on sole suppliers.
+Added: Due to our global presence, we are subject to risk and exposure from the evolving macroeconomic environment.
+Added: The impact of new or existing tariffs, trade restrictions, or retaliatory actions on our business, the solar industry, and our customers continue to create uncertainty and impact on our operations.
+Added: We have relocated the majority of our contract manufacturing to the United States, however, certain critical components for our products are still sourced from outside the United States.
+Added: An escalation in trade tensions or the implementation of broader tariffs, trade restrictions, or retaliatory measures on our products, commodities we require for manufacturing, or components originating from countries outside the United States could adversely impact our ability to source necessary components, manufacture products at competitive cost, or sell our products.
Reliability and Quality Control
−Removed: Our Power Optimizers are connected to each PV module by installers, designed to be as reliable as the PV module itself and capable of withstanding the same operating and environmental conditions.
+Added: Our Power Optimizers are connected to each PV module (or pair of PV modules) by installers, designed to be as reliable as the PV module itself and capable of withstanding the same operating and environmental conditions.
Our reliability methodology includes a multi-level plan with design analysis, sub-system testing of critical components by Accelerated Life Testing, and integrative testing of design prototypes by Highly Accelerated Life Testing and large sample groups.
As part of our reliability efforts, we subject components to industry standard conditions and tests including in accelerated life chambers that simulate burn-in, thermal cycling, damp-heat, and other stresses at large sample size groups.
−Removed: For validation purposes, finished products are tested by simulating accelerated aging through the use of Thermal Cycling, Damp Heat, and High Temperature Endurance.
+Added: For validation purposes, finished products are tested by simulating accelerated aging through the use of Thermal Cycling, Damp Heat, High Temperature Endurance, Vibration, and HALT (Highly accelerated life test) that combines temperature changes and vibration.
Specific additional tests have been developed to assess design changes' impact on reliability.
We also conduct out of box audits (OBA) on our finished products.
−Removed: In addition, online reliability tests (ORT) are conducted on our optimizers and we test complete products in stress tests and in the field.
+Added: In addition, online reliability tests (ORT) are conducted on our optimizers and we test complete products in stress tests and in the field (alpha tests).
Our rigorous testing processes have helped us to develop highly reliable products.
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We employ a serial number-driven manufacturing process auditing and traceability system that allows us to control production line activities, verify correct manufacturing processes and to achieve item-specific traceability.
−Removed: As a part of our quality and reliability approach, failed products from the field are returned and subjected to root cause analysis, the results of which are used to improve our product and manufacturing processes and design and further reduce our field failure rate.
+Added: As a part of our quality and reliability approach, a portion of failed products from the field are returned and subjected to root cause analysis, the results of which are used to improve our product and manufacturing processes and design and further reduce our field failure rate.
Certifications
Our products and systems comply with the applicable regulatory requirements of the jurisdictions in which they are sold as well as all other major markets around the world.
−Removed: These include safety regulations, electromagnetic compatibility standards and grid compliance.
+Added: These include safety regulations, cybersecurity standards, electromagnetic compatibility standards and grid compliance.
Research and Development
−Removed: We devote substantial resources to research and development with the objective of developing new products and systems, adding new features and reducing unit costs of our products and systems.
+Added: We devote substantial resources to research and development with the objective of developing new products and systems to our core products, adding new features and reducing unit costs of our products and systems.
Our development strategy is to identify software and hardware features, products, and systems that reduce the cost and improve the effectiveness of our solutions for our customers.
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and similar laws in other countries, confidentiality agreements and procedures and other contractual arrangements to protect our technology.
−Removed: As of December 31, 2024, SolarEdge had 595 issued patents worldwide and 393 patent applications pending for examination.
+Added: As of December 31, 2025, SolarEdge has 518 issued patents worldwide and 219 patent applications pending for examination.
A majority of our patents relate to DC power optimization and DC to AC conversion for alternative energy power systems, power system monitoring and control, battery technology and management systems.
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Our customers and business partners are required to enter into confidentiality agreements before we disclose any sensitive aspects of our technology or business plans.
−Removed: The markets for our solar products are competitive, and we compete with manufacturers of traditional inverters, as well as manufacturers of other MLPE systems.
+Added: The markets for our smart energy and PV products are competitive, and we compete with providers of smart energy solutions, as well as manufacturers of other PV systems.
The principal areas in which we compete with other companies include:
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• compliance with applicable certifications and grid codes;
+Added: • ability to optimize for various electricity tariffs and grid service plans;
• product safety features;
+Added: implementation of AI features and solutions;
size and financial stability of operations;
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Recent market trends show an increased focus on safety features in rooftop installations, and the emergence of standards that are evolving to address such concerns.
−Removed: In particular, the arc fault detection and interruption (AFDI) and rapid shutdown (RSD) standards in the US market, have led to the introduction of module-level rapid-shutdown devices from our competitors.
+Added: In particular, the rapid shutdown (RSD) standards in the US market, have led to the introduction of module-level rapid-shutdown devices from our competitors.
We believe the existence of rapid shutdown capabilities built into our Power Optimizers positions us well in this regard, and serves as a competitive advantage.
−Removed: Additionally, we have seen PV module manufacturers introduce larger PV modules with higher power levels reaching over 600W.
−Removed: This market trend, which comes as a result of PV cell manufacturers introducing larger cell sizes such as M10 and M12 as well as different module build configurations, leads to market interest in higher power rating Power Optimizers, micro inverters, and other MLPE devices.
−Removed: The increasing demand for storage and battery solutions is an additional noteworthy market trend which is expected to increase the attachment rate of storage to PV installations in the coming years.
−Removed: Our DC optimized inverter system competes principally with products from traditional inverter manufacturers, such as SMA Solar Technology AG, Sungrow Power Supply Co., Ltd.
−Removed: and Huawei Technologies Co.
−Removed: as well as from other Chinese inverter manufacturers.
−Removed: In the North American residential market, we compete with traditional string inverter manufacturers such as Tesla Inc., as well as microinverter manufacturers such as Enphase Energy, Inc.
+Added: Additionally, we have seen PV module manufacturers introduce larger PV modules with higher power and current levels.
+Added: This market trend, which comes as a result of PV cell manufacturers introducing larger cell sizes, bi-facial modules, as well as different module build configurations and materials, leads to market interest in higher power rating Power Optimizers, micro inverters, and other MLPE devices.
+Added: The increasing demand for storage and battery solutions, in both existing and new sites, is an additional noteworthy market trend which is expected to increase the attachment rate of storage to PV installations in the coming years.
+Added: Our DC optimized residential system competes principally with solutions from traditional inverter and battery manufacturers, such as Sungrow Power Supply Co., Ltd., Huawei Technologies Co.
+Added: Ltd., Sigenergy Technology Co., Ltd., and SMA Solar Technology AG., as well as from other, mostly Chinese inverter manufacturers.
+Added: In the North American residential market, we compete with manufacturers such as Tesla Inc.
+Added: with traditional string-based solutions, as well as microinverter manufacturers such as Enphase Energy, Inc.
In addition, there are several new entrants to the MLPE market, including low-cost Asian manufacturers;
−Removed: We believe that our DC optimized inverter system offers significant technology and cost advantages that reflect a competitive differentiation over traditional inverter systems and microinverter technologies.
−Removed: Our residential lithium-ion batteries for PV applications compete with global manufacturers of both lithium-ion and other residential battery storage solutions such as Tesla, LG Energy solutions Ltd., BYD Company Limited, and Enphase Energy.
+Added: as well as software-based energy management solution providers, mainly in the European market.
+Added: Our DC optimized C&I and optimized utility systems compete with solutions from traditional providers of string inverters and batteries, such as SMA Solar Technology AG, Sungrow Power Supply Co., Ltd.
+Added: Huawei Technologies Co.
+Added: Ltd, Sigenergy Technology Co., Chint Power Systems America, as well as other C&I battery providers.
+Added: Our energy management solution also competes with software-based energy management and operations and management platforms and similar platforms by our traditional competitors.
+Added: We believe that our DC optimized inverter and battery solutions, alongside our energy management, monitoring, design, and load control functions offer significant technology and cost advantages that reflect a competitive differentiation over traditional inverter systems and microinverter technologies, as well as over software-only solution providers.
Government Incentives
federal, state, and local government laws, regulations, and bodies as well as non-U.S.
−Removed: government bodies, provide incentives to owners, end users, distributors, and manufacturers of solar PV and BESS systems to promote solar electricity in the form of rebates, tax credits, lower VAT rate and other financial incentives such as system performance payments, payments for renewable energy credits associated with renewable energy generation, and exclusion of solar PV systems from property tax assessments.
+Added: government bodies, provide incentives to owners, end users, distributors, and manufacturers of PV and BESS systems to promote solar electricity in the form of rebates, tax credits, lower VAT rate and other financial incentives such as system performance payments, payments for renewable energy credits associated with renewable energy generation, and exclusion of PV systems from property tax assessments.
The market for on grid applications, where solar power is used to supplement a customer’s electricity purchased from the utility network or sold to a utility under tariff, often depends in large part on the availability and size of these government subsidies and economic incentives, which vary from time to time by geographic market.
In August 2022, the U.S.
−Removed: government enacted the Inflation Reduction Act of 2022 (the “IRA”), which contains several provisions intended to accelerate U.S.
−Removed: manufacturing and adoption of clean energy such as solar, wind, hydrogen and electric vehicles and therefore had positive impact on our business and operations and overall US solar market.
−Removed: Some of the applicable provisions in IRA that are positively impacting the market for renewable energy include the extension of 48E, the tech-neutral investment tax credit (“ITC”), and 45Y, the tech-neutral Production Tax Credit (“PTC"), through at least 2032.
−Removed: These credits are subject to a phase-out when annual greenhouse emissions from the production of electricity in the U.S.
−Removed: drop to 25% of their 2022 levels.
+Added: government enacted IRA, which contains several provisions intended to accelerate U.S.
+Added: manufacturing and adoption of clean energy such as solar, wind, hydrogen and electric vehicles and therefore had positive impacts on our business and operations along with the overall U.S.
+Added: solar market.
+Added: Some of the applicable provisions in the IRA that are positively impacting the market for renewable energy include the extension of 48E, the tech-neutral investment tax credit (“ITC”), and 45Y, the tech-neutral Production Tax Credit (“PTC").
The IRA includes incentives for residential and commercial solar customers and developers through the inclusion of ITCs for qualifying energy projects of up to 30% with a potential to gain further bonus credits such as through the utilization of Domestic Content.
+Added: Section 45X of the Internal Revenue Code (the “Code”), as enacted by the IRA, offers Advanced Manufacturing Production Tax Credits (“AMPTC”s or “45X Credits”) that incentivize the manufacturing of eligible components within the U.S.
+Added: In light of such incentives, in addition to the benefits to some of our U.S.
+Added: customers, under the IRA, the Company established manufacturing capabilities in the U.S.
+Added: in 2023, and further expanded such capabilities in 2024 and 2025.
+Added: On October 24, 2024, regulations concerning the application of Section 45X were published by the U.S.
+Added: Treasury Department which contain detailed rules concerning eligibility, qualifying and accounting for AMPTCs.
+Added: Of particular relevance to the Company are the tax credits that we generate as a result of rules concerning the qualification and measurement of AMPTCs to Residential Inverters, Commercial Inverters and DC-Optimized Inverter Systems that we manufacture in the United States.
+Added: In 2024 and 2025, we sold a significant part of the AMPTCs that we generated from our U.S.
+Added: production of eligible components.
Because these provisions both extend existing law and create new law, guidance concerning their implementation continues to be published by the U.S.
Treasury Department and the Internal Revenue Service.
−Removed: We continue to monitor the implementation process and are monetizing the benefits that are available to us.
−Removed: For example, Section 45X of the IRA offers advanced manufacturing production tax credits ("AMPTCs"), that incentivize the production of eligible components within the United States.
−Removed: To that end, we established manufacturing capabilities in the United States starting in 2023.
−Removed: administration entered office on January 20, 2025, and to the extent that tax benefits or credits may be impacted through new regulation or by new law passed by Congress, our business could be adversely disadvantaged.
+Added: To the extent that tax benefits or credits may be impacted through new regulation, issued guidance, interpretation, or by new laws passed by Congress, our business could be disadvantaged or advantaged.
We continue to monitor the benefits that may be available to us, such as the availability of tax credits for domestic manufacturers.
+Added: Impact of the H.R.1 on U.S.
+Added: Tax Incentives
+Added: On July 4, 2025, H.R.1, was enacted into law (“H.R.1.” or the “OBBBA”) introducing amendments to the clean energy tax credits contained in the IRA.
+Added: The IRA provides energy tax credits that are significant to SolarEdge and its U.S.
+Added: based customers, and material changes thereto could materially and adversely affect our revenue, our eligibility for certain tax credits, tax credits available to our customers, competitiveness and demand for our products and our financial condition.
+Added: H.R.1 accelerates the phase-out timeline for certain credits, eliminates the 25D credit, and imposes new eligibility criteria.
+Added: H.R.1 does not shorten the term of 45X Credits.
+Added: Among other changes, H.R.1 shortens the term of the investment tax credit and production tax credit under Section 48E and 45Y of the Code, used by customers of SolarEdge who are engaged in third-party ownership (“TPO”) models, such as residential solar leases and power purchase agreements, and commercial solar customers and developers, shortening the end date from 2034 to 2027.
+Added: However, H.R.1 also includes a 12-month period in which such customers can begin construction, giving them four years to complete their projects.
+Added: Projects begun after twelve months from enactment of H.R.1 must be placed in service by December 31, 2027, to receive the credit.
+Added: H.R.1 eliminates the individual residential tax credit under Section 25D of the Code at the end of 2025.
+Added: These changes may negatively impact the eligibility of our customers and individuals to obtain tax credits, which may negatively affect the overall demand for our products.
+Added: H.R.1 also amends the domestic content bonus credit rules for Section 48E projects.
+Added: Projects commencing construction after June 16, 2025 must meet a 45% domestic content threshold, up from 40%.
+Added: Since January 1, 2026, such threshold was increased to 50% and shall thereafter be further increased by 5% on an annual basis until and including 2029.
+Added: In addition, H.R.1 introduced new Foreign Entity of Concern (“FEOC”) requirements for Sections 45X, 45Y, and 48E of the Code.
+Added: These restrictions require threshold percentages of non FEOC components that increase over time, beginning January 1, 2026.
+Added: Currently, We manufacture components aimed to help our customers meet their non-FEOC percentage requirements.
+Added: However, if Treasury were to release new rules or guidance that impact our ability to provide components with non-FEOC percentages towards their total requirement, our customers’ eligibility to qualify for certain tax credits could be impaired, which may adversely affect our revenue, gross margins, business operations and competitive position.
+Added: In addition, as of January 1, 2026, in order to receive the 45X Credit manufacturers must also reach a required percentage of non-FEOC content in their manufactured components.
+Added: On February 12, 2026, the U.S Department of Treasury and IRS released IRS Notice 2026-15 providing additional guidance on H.R.
+Added: 1 related to the Prohibited Foreign Entity rules (PFE) enacted in H.R.
+Added: 1..Specifically, this notice confirms the ability to rely on temporary safe harbor tables and existing safe harbor tables for the determination of material assistance from a PFE.
+Added: This guidance provides answers to several compliance questions related to the Company’s 45X Credit material assistance calculations and its customers 48E material assistance calculation among other things.
+Added: While this removed some uncertainty around the Material Assistance Cost Ratio calculation, impending Notice of Proposed Rule and Final Rule on this same topic expected later this year could create challenges for the Company to meet the FEOC requirements or to assist our customers in meeting them.
+Added: If we are unable to meet the requirements this may adversely affect our revenue, or our customers eligibility to obtain certain tax credits, the overall demand for our products, our results of operations and cash flows.
Trade Regulation and Import Tariffs
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Changes in tax policies or trade regulations, the disallowance of tax deductions on imported merchandise, or the imposition of new tariffs on imported products, could have an adverse effect on our business and results of operations.
−Removed: Escalating trade tensions between the United States and China have led to increased tariffs and trade restrictions, including tariffs applicable to some solar products.
−Removed: As of September 19, 2024, the U.S.
−Removed: trade representative (“USTR”) announced the final Section 301 import tariffs ranging from 25% to 50% on a long list of products imported from China, including solar cells, semiconductors, EVs, and Lithium-ion batteries.
+Added: We have relocated our contract manufacturing to the United States, where we manufacture the vast bulk of our products.
+Added: We continue to manufacture a minor portion of our products in Israel, at our Sella 1 facility.
+Added: Certain critical subcomponents for our products are still sourced from outside the United States.
+Added: The escalation in trade tensions or the implementation of broader tariffs, trade restrictions or other measures on our products or components or subcomponents originating from countries outside of the United States, could adversely impact our ability to source necessary components or subcomponents, manufacture products at competitive cost, or sell our products at prices customers are willing to pay.
+Added: In addition, retaliatory measures from other countries on products originating from the United States for export could adversely impact our ability to sell our products at competitive prices in such countries.
+Added: Certain of the subcomponents used in our products are being imported to the United States from China, which may be subject to significantly increased tariffs.
+Added: In light of the aforementioned, we continue to adjust our supply chains and are exploring alternative suppliers, however, there is no assurance that we will be successful in identifying suitable alternatives, or that such alternatives, if identified, will not result in increased costs or reduced operational efficiency.
administration has announced proposed tariffs on products manufactured abroad that are intended to be sold in the U.S.
+Added: Certain other countries have announced reciprocal and retaliatory measures for imports from the U.S.
We continue to monitor how this situation could affect our global business operations and manufacturing in various jurisdictions.
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tariffs, our business could be adversely disadvantaged.
−Removed: administration has proposed imposed tariffs on the import of certain goods from China which, if implemented could disadvantage some of our competitors.
+Added: administration has also proposed imposed tariffs on the import of certain goods from China and other countries, which, if implemented could disadvantage some of our competitors.
The solar energy market is subject to seasonal and quarterly fluctuations affected by weather.
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Sustainable, Responsible and Transparent Business Practices
−Removed: During 2024, we continued making progress in our Environmental, Social and Governance ("ESG") performance and disclosure.
−Removed: Our ESG practices are guided by our mission of accelerating the move to a low-carbon world, powered by a decentralized, distributed, interconnected energy network, where electricity is generated, stored, managed and used in the most optimal manner.
−Removed: We have crafted a comprehensive sustainability strategy with qualitative and quantitative targets spanning various ESG matters.
−Removed: Our sixth annual Sustainability Report, published in 2024, was prepared in reference to leading global sustainability disclosure standards, GRI (Global Reporting Initiative) and SASB (Sustainability Accounting Standards Board).
+Added: During 2025, we continued making progress on our commitment to corporate social responsibility (“CSR”) performance and disclosure.
+Added: Our CSR practices are guided by our mission of furthering our business to accelerate the move to a low-carbon world, powered by a decentralized, distributed, interconnected energy network, where electricity is generated, stored, managed and used in the most optimal manner.
+Added: We have crafted a comprehensive sustainability strategy spanning various CSR matters.
+Added: Our seventh annual Sustainability Report, published in 2025, was prepared in reference to leading global sustainability disclosure standards, GRI (Global Reporting Initiative) and SASB (Sustainability Accounting Standards Board).
Our sustainability strategy includes the following pillars:
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Accelerating the uptake of clean energy, delivering new smart energy, innovative solutions and improving the lifecycle impacts of our products.
−Removed: As a business founded upon the acceleration of clean energy, we strive to reduce our climate impact by minimizing GHG (greenhouse gas) emissions and increasing renewable electricity usage in our facilities.
• Powering People:
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• Powering Business:
−Removed: Maintaining and reinforcing ethical conduct throughout our value chain, advancing climate resilience, improving the efficiency of our resource consumption and ethical sourcing of raw materials and components.
+Added: Maintaining and reinforcing ethical conduct throughout our value chain, improving the efficiency of our resource consumption, and ethical sourcing of raw materials and components.
We believe that our sustainability strategy aligns directly with 10 United Nations Sustainable Development Goals (SDGs), and our products and activities are most critical to achievement of SDG #7, Affordable Clean Energy.
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Of these employees, 887 were engaged in research and development, 399 in sales and marketing, 1,935 in operations, production, quality and reliability, and support, and 355 in general and administrative capacities.
−Removed: Of our employees, 2,052 were based in Israel, 600 were based in Europe, 475 were based in Korea, 336 were based in the U.S, 228 were based in India, and 270 were based in the remaining countries in which we operate, including China, Vietnam, Australia, and others.
−Removed: Except for our SolarEdge e-Mobility employees, none of our employees are represented by a labor union.
+Added: Of our employees, 2,134 were based in Israel, 424 were based in India, 355 were based in the U.S., 432 were based in Europe, and 231 were based in the remaining countries in which we operate, including Thailand, Vietnam, Australia, and others.
+Added: None of our employees are represented by a labor union.
We have not experienced any employment-related work stoppages, and we consider relations with our employees to be good.
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We aim to provide our employees with advanced professional and development skills, so that they can perform effectively in their roles and build their capabilities and career prospects for the future.
−Removed: We maintain a leadership program for managers and team leaders and deliver advanced professional training for sales, research and development and other functional teams as part of our extensive training program each year.
−Removed: Furthermore, we partner with local educational resources to offer formal learning programs on a variety of subjects for the personal development and advancement of our workforce.
+Added: Our primary focus is on creating collaborative, internal learning experiences that support employee development and organizational objectives.
+Added: We provide advanced professional training for sales, research, and development, and other functional teams through an annual training program.
+Added: On an individual basis, we may offer formal learning opportunities through external educational resources when aligned with our business priorities.
Corporate Social Responsibility:
−Removed: We strive to increase opportunities for women in executive and management positions as part of our mission to promote gender parity and equal pay in accordance with equal opportunity laws.
+Added: We strive to offer equal opportunities in all roles, supporting and equal pay in accordance with equal opportunity laws.
Workplace safety and health:
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.