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.
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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.
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Source:The NASDAQ OMX Group, Inc.