r/Renewable • u/team_pv • Nov 28 '24

SolarEdge to shut down energy storage division, cut jobs

The market jumped 3%. Business as usual, or are investors missing a larger negative industry trend?

Full analysis: https://pvbuzz.com/solaredge-shut-energy-storage-division/

6 Upvotes

81% Upvoted

2

u/littlegoatboy Nov 28 '24

We use lots of solar edge inverters and I didn't even know they had any energy storage products. Maybe that's part of the problem. Investors gonna invest

1

u/lighttreasurehunter Nov 28 '24

Yes, this is a good point. I had no idea either