SolarEdge TechnologiesNASDAQ: SEDG

MILPITAS, Calif.--(BUSINESS WIRE)--Rutgers University Selects SolarEdge for its Agrivoltaics Research and to assist the development of the New Jersey Dual-Use Solar Energy Pilot Program.

SolarEdge (SEDG) shares fall to a 52-week low after a customer PM&M Electric filed for Bankruptcy. George Tsilis discusses this as JPMorgan cuts the stock's price target.

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.

PM&M Electric owes the solar panel company $11.4 million.

SolarEdge Technologies shares plunged almost 20% after the energy company warned it may incur an $11.4 million loss after one of its major customers filed for bankruptcy. The company wrote in a Securities and Exchange Commission (SEC) filing that it is monitoring the bankruptcy of Arizona-based solar panel installer PM&M, but that it “cannot guarantee the outcome of the proceedings and may fail to collect the amounts due to the company or collect such amounts only after significant delay.

The solar market could be set to start growing again.

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.

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.

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.