SOLAREDGE TECHNOLOGIES, INC.

SolarEdge Technologies, Inc. is a global smart energy technology company that has innovated power harvesting and management in photovoltaic (PV) systems. The company's direct current (DC) optimized inverter system aims to maximize power generation and reduce the cost of energy produced by PV systems. This system offers comprehensive safety features, improved design flexibility, efficient integration with SolarEdge storage solutions, and enhanced operation and maintenance through remote module-level monitoring. A typical SolarEdge DC optimized inverter system includes inverters, Optimizers, a communication device for access to a cloud-based Monitoring Platform, and often a battery and other smart energy management solutions like EV chargers and load controllers. The company also provides energy management software to control, manage, and optimize energy production, storage, and use. SolarEdge serves various solar market segments, from residential to commercial and small utility-scale installations. The company has expanded into other smart energy technologies, offering hardware for residential, commercial, and small-scale utility PV systems, as well as products in energy storage systems (ESS), EV chargers, home and commercial energy management software, grid services, and software platforms and applications for virtual power plants (VPPs). SolarEdge primarily sells its products indirectly to thousands of solar installers via large distributors and electrical equipment wholesalers, and directly to large solar installers and engineering, procurement, and construction firms (EPCs). Its customer base includes leading providers of PV systems to residential and commercial end users, key solar distributors, and electrical equipment wholesalers.