SolarEdge (SEDG) Nosedives 9.9% as Tax Credit Deadline Looms

Group 1 - SolarEdge Technologies, Inc. (NASDAQ:SEDG) experienced a significant decline of 9.88% on Monday, closing at $32.92, as investors reacted to the impending deadline for clean energy tax credits [1][4]. - Residential customers currently benefit from a 30% tax credit, which is set to expire on December 31, 2025, under the One Big Beautiful Bill Act signed by President Trump [2]. - Analysts predict that the approaching deadline may boost sales for clean energy companies in the latter half of 2025, as customers are expected to rush for installations before the tax credit expires, although earnings may decline thereafter due to reduced solar installation sales [3]. Group 2 - SolarEdge announced the successful installation of its CSS-OD storage system in Germany, aimed at commercial and industrial facilities [4]. - Following the launch of the CSS-OD, SolarEdge received over 150 orders totaling 15 MWh, indicating strong demand from photovoltaic (PV) installers for energy storage solutions [5]. - The Chief Commercial Officer of SolarEdge highlighted the positive market response to the CSS-OD, noting its potential to create a new revenue stream as Europe shifts towards self-consumption markets [6].