SolarEdge - Inverter Manufacturer Continues to Benefit From US Support for Renewable Energies!
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Business Driver: SolarEdge (SEDG) is one of the leading inverter manufacturers in the USA. Recently, the company has increasingly suffered from competition due to low-cost imports from China, while demand in the domestic market has significantly declined amidst restrictions on the expansion of renewable energies imposed by the Trump administration. Since the tax incentives for the solar industry are scheduled to phase out gradually by 2029, the outlook for SolarEdge is likely to improve in the medium term. On May 7, SolarEdge surprised with...
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