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By the end of 2022, over 2.78 million homes were equipped with SolarEdge PV systems; Over 31 million metric tons of greenhouse gases avoided annually through usage of its PV systems
MILPITAS, Calif. / May 17, 2023 / Business Wire / SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (NASDAQ: SEDG), a global leader in smart energy technology, today announced the release of its 2022 Sustainability Report, detailing the progress made in the Company’s sustainability strategy in the Environment, Society, Governance (ESG) fields and representing its commitment to accountability and transparency to stakeholders.
Zvi Lando, Chief Executive Officer of SolarEdge, stated: “2022 was a pivotal year for the solar industry as both energy demand and prices continued to climb, historic legislation was enacted and PV technology broadened deployment into storage and energy management. As a key player in this industry, by the end of 2022, over 2.78 million homes around the globe were equipped with SolarEdge PV systems and 50% of Fortune 100 companies have SolarEdge technology on at least one of their sites. Through this widespread usage of our solutions, we are helping support the worldwide transition to clean, distributed, and renewable power generation and consumption. In parallel, we continue to make progress on our path to enhance our corporate ESG practices and our Sustainability Report details the many ways in which we deliver on our promise to power the future of energy through our products, people and business practices.”
SolarEdge’s sustainability strategy leverages high-performance, smart energy technology to power the future of energy, aiming to deliver positive impact for people and society.
The following lists some of the Report highlights:
View SolarEdge’s full 2022 Sustainability Report
About SolarEdge
SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, electric vehicle powertrains, and grid services solutions. SolarEdge is online at www.solaredge.com
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