Solaredge Technologies (SEDG)

Overall impact
A (89)

Commentary

Solaredge Technologies is a leader for overall positive impact. With an 'A' rating of 88.9 for overall impact (98th percentile compared to all companies), Solaredge Technologies ranks 6th out of 70 industry peers, behind Siemens Gamesa Renewable Energy, Vestas Wind Systems, Maxeon and 2 others, and ahead of Unirac, ION Solar, Sky Solar and 61 others. On top material causes for Solaredge Technologies's industry (Alternative Energy), Solaredge Technologies performs well in Sustainable Use of Natural Resources (95.6 score), Reduced Waste (86.6), Technology Innovation (86.8) and 6 other causes where it received an 'A' score. Solaredge Technologies did not receive a 'D' or 'F' rating on any cause.
Impact
Cause SEDG
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Company
Employees
3,576
Sector
Utilities
Industry
Independent Power and Renewable Electricity Producers
Sub-industry
Renewable Electricity
SASB industry
Solar Technology & Project Developers
Headquarters
Israel
Share classes
SEDG
Description
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. The company offers power optimizers, inverters, lithium-ion cells, batteries, storage solutions, electric vehicle chargers, and software management of EV charging, smart energy products, smart trackers, and smart energy management software products. It also provides a monitoring platform, a cloud-based monitoring platform that collects power, voltage, current temperature, and other data sent from inverters and power optimizers. Additionally, the MySolarEdge app enables system owners to track their real-time system production and household energy consumption. The company also offers the SolarEdge Go app, a mobile application for installers that integrates installation, management, and service capabilities. Furthermore, the Designer platform is a web-based tool that helps solar professionals to plan, build, simulate, and validate residential and commercial systems. The Mapper application is used for registering the physical layout of new PV sites installed with DC optimized inverter systems, while the SetApp application activates and configures inverters. In addition, the company offers pre-sales support and ongoing training services, as well as technical support before, during, and after installation services. It serves solar installers, providers of solar PV systems to residential and commercial end users, key solar distributors, engineering, procurement, and construction firms, and electrical equipment wholesalers. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya Pituach, Israel.
Material causes
Ethos considers the following causes material for Solaredge Technologies, based on its industry sub-industry Renewable Electricity. Learn more about material causes in our methodology overview.
Not available

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