SolarEdge - Inverter Manufacturer Continues to Benefit from US Funding for Renewable Energies!

Business Driver: SolarEdge (SEDG) is one of the leading inverter manufacturers in the USA. Recently, the company has been struggling increasingly under the competition from cheap imports from China, while demand in the domestic market has significantly decreased due to restrictions imposed by the Trump administration on the expansion of renewable energies. With the tax incentives for the solar industry now set to be extended further, the outlook for SolarEdge is improving. As the US government will gradually phase out the tax incentives for promoting...