Photo Release -- Nasdaq Welcomes SolarEdge Technologies, Inc. (Nasdaq: SEDG) to The Nasdaq Stock Market
NEW YORK, March 26, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of SolarEdge Technologies, Inc. (Nasdaq:SEDG) commenced on The Nasdaq Stock Market on March 26, 2015.
A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/53b1f706-768c-4142-a763-dd79e411e14e
Founded in 2006, SolarEdge provides an intelligent inverter solution that has changed the way power is harvested and managed in photovoltaic systems. The SolarEdge DC optimized inverter system maximizes power generation at the individual solar module level while lowering the cost of energy produced by the PV system. SolarEdge’s system consists of power optimizers, inverters and a cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. Since SolarEdge began commercial shipments in 2010, they have shipped approximately 1.3 gigawatts of DC optimized inverter systems and the SolarEdge products have been installed in solar systems in 73 countries.
“SolarEdge is dedicated to transforming the world by making clean energy affordable through its solutions,” said Nelson Griggs, Executive Vice President of Listing Services at Nasdaq. “We are pleased to add another ground-breaking clean energy technology company to the Nasdaq family and we are excited to celebrate more milestones with SolarEdge in the future.”
By listing with Nasdaq, SolarEdge Technologies joins many of the world’s largest and most revolutionary companies. Nasdaq has been the exchange of choice to over 70 percent of technology companies listed in the U.S. markets.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
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