SolarEdge raises funds for self-adjusting photovoltaic panels
SolarEdge, maker of intelligent photovoltaic installations that can adjust to varying sunlight conditions, just brought in an undisclosed sum in a second round of funding led by Vertex Venture Capital and including Opus Capital, Genesis Partners, ORR Partners and Walden International.
The solar panels in the San Francisco company’s installations contain converters that allow them to turn automatically to harvest an optimum amount of sunlight. The product also gives clients the ability to monitor panel performance… Continue Reading
SolarEdge absorbs $23M to boost solar energy output
Israeli cleantech company SolarEdge has raised $23 million in a second round of funding to continue developing technology that could significantly increase the output of solar energy installations. The round — which included Vertex Venture Capital, Walden International, Opus Capital and Genesis Partners — remains open, but no target has been disclosed.
SolarEdge itself is still in stealth mode. What little information there is available indicates that it’s working to combine hardware and software to maximize… Continue Reading