Product Offerings and Innovations - SolarEdge's product offerings have expanded to include energy storage systems, home backup systems, EV components, and smart energy management solutions, enhancing average revenue per installation (ARPI) [31]. - The company's DC optimized inverter system allows solar energy to be stored directly in batteries, improving the ROI of PV battery systems by eliminating conversion losses [34]. - SolarEdge's inverters are designed to operate exclusively with its DC Power Optimizers, ensuring high efficiency and reliability in solar power harvesting [35]. - The SolarEdge Home Battery, launched in 2021, is a 10 kW single-phase battery, and a 5 kW three-phase version was launched in 2022, designed to optimize solar energy use and provide backup power [40]. - The EV charging inverter allows homeowners to charge electric vehicles up to six times faster than a standard Level 1 charger, integrating PV and EV charging [39]. - The SolarEdge Energy Hub inverter launched in 2020 includes built-in consumption monitoring and is battery ready, enhancing energy management capabilities [36]. - SolarEdge's smart energy management products are designed to increase self-consumption and reduce energy bills by controlling home appliances and loads [56]. - The company incorporated its fourth generation ASIC in the new generation of Power Optimizers (S-series) in 2021, enhancing safety with cable temperature monitoring functionality [76]. - The company launched its first lithium-ion residential batteries in 2021, featuring a bi-directional DC/DC high-efficiency converter and a battery management system [83]. Market Position and Financial Performance - Revenues from the sale of power optimizers represented 36.5%, 42.2%, and 42.9% of total revenues for the years ended December 31, 2022, 2021, and 2020, respectively [33]. - In 2022, revenues from inverter sales represented 36.6% of total revenues, down from 42.2% in 2021 and 44.0% in 2020 [38]. - The company is ranked as the top PV inverter supplier worldwide by revenues, according to IHS Markit as of Q4 2022 [27]. - In 2022, Consolidated Electrical Distributors Inc. accounted for 18.5% of total revenues, with no other customer exceeding 10% [64]. - As of December 31, 2022, SolarEdge has shipped approximately 107.6 million power optimizers and 4.5 million inverters, with over 3.1 million PV installations connected to its cloud-based monitoring platform [27]. Manufacturing and Production Capabilities - The manufacturing facility "Sella 1" in Israel reached full capacity in 2021, and plans to expand its capacity to add an additional inverter line in 2023 [87]. - The company has developed proprietary automated assembly lines capable of producing over 6,000 power optimizers per manufacturing line per day [88]. - The Korean subsidiary has a lithium-ion cell manufacturing facility with a capacity of up to 150 MWh per annum, and a new 2 GWh battery factory began production in late 2022 [90]. - The company plans to establish manufacturing capabilities in the U.S. to take advantage of incentives from the Inflation Reduction Act [86]. - The company is expanding its manufacturing capabilities with a new site in Mexico, expected to ramp up in the first half of 2023 [86]. - The company has increased manufacturing capabilities in Vietnam and Mexico, with full capacity expected in Mexico by the first half of 2023, to mitigate the impact of 25% import tariffs imposed on products from China [113]. Research and Development - As of December 31, 2022, the research and development organization had a headcount of 1,428 employees, focusing on power electronics and solar technologies [99]. - The company holds 444 issued patents and has 462 patent applications pending, primarily related to DC power optimization and battery technology [100]. - The company has a strong focus on innovation and engineering capabilities, positioning itself as a leader in the smart energy technology sector [25]. Customer Support and Training - The company launched the Edge Academy online training platform in 2022, hosting over 124,000 learners and enhancing installer certification accessibility [66]. - As of December 31, 2022, the customer support and training organization consisted of 609 employees worldwide [70]. Environmental and Social Responsibility - The company aims to reduce Scope 1+2 greenhouse gas emissions by 30% per revenue by 2025, compared to 2020 levels, and achieve near-zero e-waste to landfill by 2025 [120]. - The company has conducted on-site audits of four contract manufacturers and two major raw material suppliers to ensure compliance with its supplier code of conduct [117]. - The company has increased the number of women in its organization by over 75% in the past three years, aiming for gender parity and equal pay by 2025 [125]. Competitive Landscape - The company competes in the DC optimized inverter system market against traditional manufacturers like SMA Solar Technology AG, ABB Ltd., and Huawei Technologies Co. Ltd., as well as microinverter manufacturers such as Enphase Energy, Inc. [107]. - The energy storage division faces competition from global manufacturers including LG Energy Solutions, Samsung SDI, CATL, BYD, and Panasonic, particularly in the ESS market [108].

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Q4 2022 Earnings Conference Call February 13, 2023 4:30 PM ET Company Participants Erica Mannion - Sapphire Investor Relations Zvi Lando - CEO Ronen Faier - CFO Conference Call Participants Alex Vrabel - Bank of America Philip Shen - ROTH Capital Markets Mark Strouse - JPMorgan Corinne Blanchard - Deutsche Bank Jordan Levy - Truist Securities Colin Rusch - Oppenheimer Michael Blum - Wells Fargo Steve Fleishman - Wolfe Research Kasope Harrison - Piper Sandler ...

Key Points Industry and Company * **Company**: SolarEdge Technologies, Inc. (NASDAQ: SEDG) * **Industry**: Solar inverters, energy storage, EV charging, and other clean technology solutions Core Views and Arguments * **Demand Trends**: * **Strong demand across all markets**: SolarEdge expects strong demand for solar inverters, energy storage, and other clean technology solutions in 2023. * **Europe leading the way**: Europe is experiencing significant growth driven by the energy crisis and high energy prices, leading to strong demand for solar and storage solutions. * **U.S. growth expected but decelerating**: The U.S. market is expected to grow, but at a slower pace compared to Europe. Factors such as net metering changes and higher interest rates may impact growth. * **Asia remains strong**: Asia, particularly Taiwan and Japan, continues to see strong demand for solar inverters and energy storage solutions. * **Revenue Growth**: * **50% year-on-year growth expected**: SolarEdge expects revenue growth of approximately 50% in 2023, driven by strong demand and the expansion of its product portfolio. * **Europe taking a larger share**: Europe is expected to take a larger share of revenues in 2023, driven by strong growth in the region. * **Supply Constraints**: * **Component shortages and manufacturing capacity constraints**: SolarEdge faces challenges related to component shortages and manufacturing capacity constraints, which may impact its ability to meet demand. * **Improving supply chain**: SolarEdge is working to improve its supply chain and manufacturing capacity to address these challenges. * **Battery Storage**: * **Strong growth expected in Europe**: Battery storage is expected to see strong growth in Europe, driven by high energy prices and government support. * **U.S. market facing challenges**: The U.S. market faces challenges related to high battery prices and long payback periods, which may limit growth. * **Inflation Reduction Act (IRA)**: * **Potential for U.S. manufacturing**: The IRA may provide opportunities for SolarEdge to expand its manufacturing footprint in the U.S. * **Decision-making process**: SolarEdge is currently evaluating its options for U.S. manufacturing, including working with contract manufacturers or building its own factory. Other Important Points * **Gross margins**: SolarEdge expects to achieve its target gross margin of 30% to 32% by the end of 2023. * **Battery margins**: SolarEdge targets a 25% gross margin for its battery storage solutions. * **Exchange rates**: The weaker euro is expected to have a positive impact on SolarEdge's gross margins. * **New products**: SolarEdge is launching a new utility-scale inverter and has acquired Hark, a company that provides IoT solutions for energy management.

Solaredge Technologies, Inc. (NASDAQ:SEDG) Q3 2022 Earnings Conference Call November 7, 2022 4:30 PM ET Company Participants Erica Mannion - Sapphire Investor Relations Zvi Lando - CEO & Director Ronen Faier - CFO Conference Call Participants Brian Lee - Goldman Sachs Mark Strouse - JPMorgan Chase & Co. Colin Rusch - Oppenheimer Philip Shen - ROTH Capital Partners Michael Blum - Wells Fargo Securities Kasope Harrison - Piper Sandler Ameet Thakkar - BMO Capital Markets Joseph Osha - Guggenheim Securities Jef ...

Third Quarter 2022 Earnings Summary November 7, 2022 solaredge Safe Harbor Use of Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward looking statements include information, among other things, our business, results of operations, financial condition and liquidity; our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; technolog ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 20-5338862 (St ...

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Oppenheimer’s 25th Annual Technology, Internet & Communications Conference August 10, 2022 12:25 PM ET Company Participants Lior Danziger - VP of FP&A and IR Conference Call Participants Colin Rusch - Oppenheimer & Co. Colin Rusch Hi, everyone. This is Colin Rusch. I'm the Head of Sustainable Growth and Resource Optimization here at Oppenheimer. And we are very pleased to have Lior Danziger, who's the VP of FP&A and IR at SolarEdge. We've done the company now, I gu ...

SolarEdge Technologies Nasdaq l SEDG solar adge Safe Harbor Use of Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward looking statements include information, among other things, concerning: the expected impact of the COVID-19 pandemic and related public health measures on our business, results of operations, financial condition and liquidity; our possible or assumed future results of opera ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 20-5338862 (State o ...

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Q2 2022 Earnings Conference Call August 2, 2022 4:30 PM ET Company Participants Erica Mannion - Investor Relations Zvi Lando - Chief Executive Officer, Chairman and Founder Ronen Faier - Chief Financial Officer Conference Call Participants Stephen Byrd - Morgan Stanley Brian Lee - Goldman Sachs Philip Shen - Roth Capital Mark Strouse - JPMorgan Julien Dumoulin-Smith - Bank of America Maheep Mandloi - Credit Suisse Colin Rusch - Oppenheimer Jeff Osborne - Cowen and ...