Subscribe To Premium
Premium Homepage

restructuring

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.
Subscribe to Newsletter

Most Popular

Data centres’ speed-to-power need driving US LDES commercialisation

US administration ‘must make it easier to get things built,’ DOE chief of staff says

California’s CEC approves 300MW solar, 1.2GWh BESS Project

Sonnedix signs three PPAs for 644MWh Chile BESS

US investors’ €50 billion hyperscaler data centre in Croatia will be ‘fully supplied’ by BTM solar and batteries

LG ES says manufacturing spend puts company on track for 50GWh+ US ESS production target

Upcoming Events

Renewables Procurement & Revenue Summit 2026

May 20
 - May 21
, 2026
London, UK

RE+ Portugal 2026

May 20
 - May 20
, 2026
Porto, Portugal

The Impact of Germany’s Ramp Constraints and Grid Limitations on the Energy Storage Business Case

June 2
 - June 2
, 2026
10am BST / 11am CEST

Energy Storage Summit At The Battery Show Europe

June 9
 - June 11
, 2026
Stuttgart, Germany

ESS Europe 2026

June 23
 - June 25
, 2026
Munich, Germany

Battery Asset Management Summit Canada

June 23
 - June 24
, 2026
Toronto Congress Centre, Canada