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SolarEdge Technologies (SEDG) shares cratered Tuesday, a day after the solar power equipment maker announced that one of its customers has filed for Chapter 7 bankruptcy and likely won't be able to pay its multi-million-dollar debt. It also warned about current-quarter spending, and announced a new sale of bonds.

investopedia.com 2024 Jun 25
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SolarEdge Technologies (NASDAQ: SEDG) is making headlines today with two significant pieces of news that have sent shockwaves through the market. The company announced plans for a private placement of $300 million in convertible senior notes, which will mature in 2029.

invezz.com 2024 Jun 25
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PM&M Electric owes the solar panel company $11.4 million.

barrons.com 2024 Jun 25
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MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG) (“SolarEdge”) today announced its intention to offer, subject to market conditions and other factors, $300 million aggregate principal amount of Convertible Senior Notes due 2029 (the “Notes”) in a private offering (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the Offeri.

businesswire.com 2024 Jun 24
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SolarEdge (SEDG) introduces its three-phase solar inverter and home battery solution designed to achieve the maximum efficiency possible in its class by boosting power density and efficiency.

zacks.com 2024 Jun 21
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MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, today announces the German launch of its high-power SolarEdge TerraMax™ Inverter combined with H1300 Power Optimizers. The new SE300K1 inverter has received certification and is now available for order in Germany. Targeting small-to-medium utility scale PV installations, the new versatile solution is suitable for varied topologies and challenging site conditi.

businesswire.com 2024 Jun 20
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MUNICH & MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, today unveiled at Intersolar 2024 its next-generation three-phase solar inverter and dedicated home battery for the European residential market – expected to be available in the second half of 2025. Addressing the growing segment of larger residential solar+storage rooftop installations, SolarEdge's next generation inverter is designed to reach a hig.

businesswire.com 2024 Jun 19
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MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge announces the global rollout of a new software-based energy optimization platform for commercial & industrial solar applications.

businesswire.com 2024 Jun 17
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The Federal Reserve signaled it may make one cut in interest rates this year. Although it left rates unchanged after its most recent Federal Open Market Committee meeting, its post-meeting statement said the following.

investorplace.com 2024 Jun 16
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MILPITAS, Calif. & HERZLIYA, Israel--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (Nasdaq: SEDG), a global leader in smart energy technology, announced today the appointment of Ariel Porat as Senior Vice President, Finance. The appointment comes as part of a succession plan for the Chief Financial Officer role at the Company. Ronen Faier, who currently serves as the Company's Chief Financial Officer, has notified the Board of Directors of his desire to step down.

businesswire.com 2024 Jun 10
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