“The decision to close our Energy Storage division was ... on the manufacturing of lithium-ion battery cells for BESS solutions in the utility segment. SolarEdge will continue to develop ...

“By expanding our U.S. manufacturing capabilities to include energy storage, SolarEdge is delivering on our commitment to provide installers with a domestically produced battery,” said ...

Israel-headquartered solar inverter producer SolarEdge has signed a supply deal ... The company announced the closure of its utility-scale battery storage division and plans to focus on solar ...

SolarEdge recently shut down its Energy Storage division to cut costs, a move that is expected to save $7.5 million in operating expenses by late 2025. Goldman noted that the restructuring could ...

SolarEdge also plans to sell its energy storage assets, including battery cell and pack manufacturing facilities. This move will not affect its solar-related battery sales for residential and ...