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Financial News: Solaredge scorches earnings

Financial News:

Solaredge scorches earnings

Solaredge Inverters

The stock of the solar equipment company surged 2.5 percent in premarket trade after Cowen labeled it a "high choice."

Despite California's decision to reduce solar incentives, the business said investor excitement for both solar and fuel cell technology remained high.

SolarEdge Technologies, Inc. is an Israeli company that makes photovoltaic array power optimizers, solar inverters, and monitoring systems. These devices use module-level Maximum Power Point Tracking to boost energy production.

Photo: Solaredge inverters 250Kw In Czech Republic installed by Votum.

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    Content ID: 1640093518 Created Tuesday, December 21, 2021 1:31 PM UTC by Aaron Stipkovich, Updated Tuesday, December 21, 2021 1:39 PM UTC by Aaron Stipkovich.