Sustainability Report 2024 /
Company Profile
SolarEdge is a global leader in high-performance smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, we create smart energy products and solutions that power our lives and drive future progress.
SolarEdge is a global leader in high-performance smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, we create smart energy products and solutions that power our lives and drive future progress.
To create a world powered by clean, sustainable energy
Our vision:
To develop and scale renewable energy technologies that improve the way we generate, manage, store and use electrical power in every aspect of our lives.
Our mission:
We continuously aim for wide-ranging impact
We value and empower our people; and
We are initiators and confidently take action;
We live and breathe innovation and we are never done learning;
Our customer is at the center of everything we do;
We constantly strive for excellence & quality;
Our core company
values are:
Our products and services:
SolarEdge addresses a broad range of energy market segments through PV, energy storage, EV charging, batteries and grid services solutions. The SolarEdge DC-coupled architecture maximizes PV power generation, solar energy storage and self-consumption, hence lowering the overall cost of energy produced by PV systems. Our solutions and global distribution support the worldwide transition from centralized, fossil fuel-based energy to clean, distributed and renewable power generation and consumption.
in our research and development organization at year end 2024
at year end 2024
employees
employees
1,171
3,960
Power Optimizers shipped, cumulative
(approx.) of our systems shipped worldwide (since 2010)
countries with SolarEdge installations
393 patent applications filed worldwide
awarded patents and approximately
tonnes CO2[1] emissions are avoided annually through the use of our installed systems
homes equipped with a SolarEdge PV system by the end of 2024
installers partners worldwide
inverters shipped, cumulative
132.0 million
56.2 GW
145
595
41 million
>3.7 million
>70,000
5.8 million
Our reach at the end of 2024:
spending on research and development in 2024
revenues in 2024 (GAAP)
$277 million
$901.5 million
Our financials[2]:
Our stock is traded on the NASDAQ Global Select Market, where stock prices are quoted under the symbol “SEDG”.
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solar energy installations around the world monitored by SolarEdge systems
>3.7 million
Power Optimizers shipped, cumulative
(approx.) of our systems shipped worldwide (since 2010)
countries with SolarEdge installations
393 patent applications filed worldwide
awarded patents and approximately
tonnes CO2[1] emissions are avoided annually through the use of our installed systems
installers partners worldwide
inverters shipped, cumulative
132.0 million
56.2 GW
145
595
41 million
>70,000
5.8 million
Our reach at the end of 2024:
To develop and scale renewable energy technologies that improve the way we generate, manage, store and use electrical power in every aspect of our lives.
Our mission:
To create a world powered by clean, sustainable energy
Our vision:
Our products and services:
SolarEdge addresses a broad range of energy market segments through PV, energy storage, EV charging, batteries and grid services solutions. The SolarEdge DC-coupled architecture maximizes PV power generation, solar energy storage and self-consumption, hence lowering the overall cost of energy produced by PV systems. Our solutions and global distribution support the worldwide transition from centralized, fossil fuel-based energy to clean, distributed and renewable power generation and consumption.
SolarEdge is a global leader in high-performance smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, we create smart energy products and solutions that power our lives and drive future progress.
SolarEdge is a global leader in high-performance smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, we create smart energy products and solutions that power our lives and drive future progress.
We continuously aim for wide-ranging impact
We value and empower our people; and
We are initiators and confidently take action;
We live and breathe innovation and we are never done learning;
Our customer is at the center of everything we do;
We constantly strive for excellence & quality;
Our core company
values are:
in our research and development organization at year end 2024
at year end 2024
employees
employees
1,171
3,960
Company Profile
Sustainability Report 2024 /
Emissions avoided annually through the full-year usage of all SolarEdge systems shipped by the end of 2024. The calculation was based on an average conservative ratio of 1,100 kWh per installed kW. The calculated KWh were converted to saved emissions using the Greenhouse Gas Equivalencies Calculator of the EPA: https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator
GAAP basis. For additional information, please see our financial report for the quarterly period ended December 31, 2024, filed on Form 10-K https://investors.solaredge.com/static-files/c1bfcb36-375e-4302-ae67-87bf8fa10a25
spending on research and development in 2024
revenues in 2024 (GAAP)
$277 million
$901.5 million
Our financials[2]:
Our stock is traded on the NASDAQ Global Select Market, where stock prices are quoted under the symbol “SEDG”.
[1]
[2]