SolarEdge Hitting Record Revenue in PV Module-Level Power Electronics

CEO Guy Sella said that the company is seeing “healthy demand” while “maintaining stable ASP.” The CEO noted that revenue growth in Germany and the Netherlands was very strong despite a soft EU PV market.

SolarEdge is counting on growth in the U.S. and global commercial market with a new line of 33-kilowatt inverters for larger commercial applications. The company continues to work on new monitoring functions and cost reduction. New automated lines in Mexico and Hungary will drive costs down and provide for a capacity of 5,000 optimizers per day, according to the CEO.