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SolarEdge launched new commercial battery storage products into the European market earlier this year. Image: SolarEdge.

SolarEdge focused on PV-tied energy storage applications only, CEO says after division closure

November 29, 2024
SolarEdge interim CEO Ronen Faier has spoken about the closure of the company’s utility-scale battery storage manufacturing business.
SolarEdge's Sella 2 battery production plant in Chungcheongbuk-do Province, South Korea. Image: SolarEdge

SolarEdge closes utility-scale energy storage division to focus on ‘core’ solar PV business

November 28, 2024
SolarEdge has closed its utility-scale battery storage division, resulting in a layoff of roughly 12% of its total workforce.
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