SolarEdge tripled its market cap in 2017.

The company’s stock pricing has continued its upward path, climbing 3.2 percent on Nasdaq to a record $47.45 and pushing the Herzliya-based company’s market cap above the $2 billion mark.

This, only three years after SolarEdge held its IPO at a company value of $685 million.

SolarEdge develops and manufactures solar energy optimization and monitoring systems.

The company’s system facilitates better utilization of energy in solar collectors by optimizing the functioning of each one of the collectors, while providing real-time information about their output.

Editorial Team
The Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with data and insights to deliver useful news updates. We are experts with the mission to inform, educate and inspire the industry. We are passionately curious, enthusiastic, and motivated to positively impact the world. Send us a tip via hello @ pvbuzz [dot] com.

Trump falsely claims the U.S. makes better solar panels than China

Previous article

Solar and wind generation could meet 80 percent of U.S. power demand

Next article

You may also like

Comments

Comments are closed.

More in News