SolarEdge Technologies

Category: Challenging

Israeli smart energy company specialising in solar inverters and power optimizers, with manufacturing facility in northern Israel

Listing: NASDAQ HQ: Israel Website Updated: 9 Jan 2026

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Decision-Maker Directory

Key individuals with influence over corporate partnerships and procurement decisions. Direct your correspondence to the most relevant role.

Shuki Nir
Chief Executive Officer
Appointed CEO December 2024; joined as CMO June 2024. Leading company through continued restructuring and recovery efforts
Public contact: Via corporate website or investor relations
Asaf Alperovitz
Chief Financial Officer
Appointed CFO March 2025; over three decades of finance and leadership experience from roles at high-tech firms
Public contact: Via investor relations

Material Risk Framing

Frame your message around business risks. These talking points resonate with corporate stakeholders and institutional investors.

Legal & Compliance

Documented supplier to illegal West Bank settlements (Shdemot Mehola, Petza'el) and Israel Prison Service; potential exposure under international law regarding occupied territories

Financial & Investor

NASDAQ-listed (SEDG); dropped from S&P 500 in 2023; four rounds of layoffs 2024-2025; market cap collapsed from $20B to ~$1B; BlackRock (8.05%) as principal shareholder

Reputational & Brand

Listed on Who Profits and AFSC databases for settlement involvement; clean energy positioning creates tension with human rights concerns

Operational & Supply Chain

Manufacturing in northern Israel (Sella 1 facility); competitive alternatives from Enphase (US), SMA (Germany), Huawei (China) available globally

Product Alternatives

Ethical replacements tagged by what matters to you: cost, quality, ethics, sustainability, or local sourcing. Make the switch today.

Solar Inverters & Energy Systems

Alternative solar technology providers

Enphase Energy

Global

Microinverters and energy management

US-headquartered (California)

Direct Match Better Quality

Huawei FusionSolar

Global

Smart PV solutions and inverters

Chinese-headquartered

Direct Match Cheaper

SMA Solar

Global

Solar inverters and system technology

German-headquartered

Direct Match Local Supplier

Comparison Legend

Direct MatchClear substitute for the same product/service
CheaperLower cost option
Better QualityProven superior performance/reliability
More EthicalAvoids human rights, labour, or environmental harm
SustainableStronger eco credentials (materials, energy, lifecycle)
Local SupplierSupports domestic/regional economy instead of Israel
Palestine-FriendlyExplicitly supportive or aligned with justice for Palestine

Strategic Analysis

In-depth assessment of the company's position, vulnerabilities, and recommended approaches for effective engagement.

CHALLENGING PRIORITY TARGET MONITORING TARGET Strategic Vulnerability → Severity → Severity: 6.5, Vulnerability: 5.5

High severity, lower vulnerability — requires long-term divestment pressure

Learn about our methodology — companies are categorised based on severity (harm potential) vs strategic vulnerability (campaign leverage).

Why do these scores change?

Unlike static boycott lists, our targeting model is dynamic. This company's position on the matrix is re-evaluated continually as we verify new contracts, divestments, or policy changes. Your reporting directly impacts this score.

SolarEdge Technologies presents a significant boycott target with documented involvement in illegal Israeli settlement infrastructure and supply relationships with Israeli state security apparatus. Beyond its economic contribution to Israel as a major employer and former S&P 500 constituent, the company has specific complicity through settlement solar projects and prison service contracts. The company's severe financial distress since 2023 - with four rounds of layoffs and market cap collapse from $20 billion to approximately $1 billion - creates heightened vulnerability to coordinated pressure.

Key Leverage Points

  • Settlement Infrastructure: Documented inverter installations in Shdemot Mehola and Petza'el settlements in occupied West Bank Jordan Valley (282 inverters on 50 dunams of Palestinian land)
  • State Security Supplier: Listed by Who Profits as supplier to Israel Prison Service and Ministry of Public Security
  • Financial Vulnerability: Four layoff rounds (2024-2025), S&P 500 delisting, market cap down 95% from peak; company in existential crisis
  • Alternative Availability: Enphase (US), SMA (Germany), and Huawei offer direct competitive alternatives
  • B2B Distribution: Solar installers and distributors can be engaged on supplier diversification

Evidence Summary

SolarEdge's complicity extends beyond economic contribution to documented settlement infrastructure. The Who Profits database records SolarEdge inverters installed in the Shdemot Mehola settlement solar field (initiated 2015) occupying 50 dunams of Palestinian land, and at the Petza'el settlement. The company is also documented as a supplier to Israel Prison Service, which detains approximately 9,500 Palestinian prisoners including administrative detainees held without charge. Founder Guy Sella was a former Intelligence Corps commander, and the company's leadership has connections to Israeli defence industry through Grove Ventures. The AFSC Investigate database categorises SolarEdge under "Settlement Industry."

Engagement Strategy

Target solar installers and distributors on ethical sourcing, emphasising documented settlement involvement as distinct from general Israeli economic ties. Highlight the company's listing on Who Profits and AFSC databases for procurement teams with human rights due diligence requirements. The company's financial distress creates an opportunity for pressure - even moderate contract losses could be significant given current conditions. Engage renewable energy industry groups on the tension between clean energy goals and supporting occupation infrastructure. For unions, advocate product bans citing settlement involvement. Focus messaging on specific settlement and prison service documentation rather than general Israeli identity.

Evidence & Sources

Verified sources including NGO reports, regulatory filings, and primary documents. Use these to substantiate your correspondence.

News
2025-01-06
SolarEdge Fourth Round of Layoffs

Company announces additional 400 layoffs (200 in Israel), reducing workforce to approximately 3,300 employees globally; tests new CEO Shuki Nir's recovery plan

Open source
Corporate Statement
2024-12-05
SolarEdge Appoints Shuki Nir as CEO

Shuki Nir appointed CEO effective December 2024, replacing interim CEO Ronen Faier; Nir joined as CMO in June 2024 following Zvi Lando's departure

Open source
Report
2024-11-20
Red Flag: SolarEdge - Israel's Dirty Green Energy Company

Details SolarEdge's settlement involvement, founder Guy Sella's military background, and connections to Israel Prison Service; calls for unions to ban SolarEdge products

Open source
NGO
2024-06-15
Who Profits Database: SolarEdge

Documents SolarEdge as supplier to Israel Prison Service and Ministry of Public Security, with inverters installed in Shdemot Mehola (282 inverters) and Petza'el settlement solar fields in occupied West Bank

Open source
NGO
2024-05-01
AFSC Investigate: SolarEdge Technologies

Categorises SolarEdge under 'Settlement Industry' for systems installed in Shadmot Mehola settlement on Palestinian land since 2015

Open source
News
2024-01-22
SolarEdge Layoffs - Times of Israel

Company announces 900 job cuts including 550 in Israel amid market challenges; at peak employed over 3,100 workers in Israel

Open source

Updates & Milestones

  1. Fourth Round of Layoffs

    Additional 400 layoffs announced (200 in Israel), reducing global workforce to approximately 3,300

  2. New CEO Appointed

    Shuki Nir appointed CEO; joined as CMO June 2024

  3. CEO Departure

    CEO Zvi Lando resigns; Ronen Faier appointed interim CEO

  4. Major Layoffs

    Announces 900 job cuts including 550 positions in Israel, representing 16% of workforce

  5. S&P 500 Removal

    Dropped from S&P 500 amid stock decline; became most losing stock in S&P 500 for the year

  6. S&P 500 Inclusion

    Added to S&P 500 index; briefly becomes largest Israeli company by market cap at $20 billion

  7. Settlement Solar Project Initiated

    SolarEdge inverters installed in Shdemot Mehola settlement solar field in occupied West Bank Jordan Valley; 282 inverters on 50 dunams of Palestinian land

  8. NASDAQ IPO

    Goes public raising $126 million at $18 per share

  9. Product Launch

    First commercial power optimizers and inverters launched

  10. Company Founded

    Established in Herzliya by Guy Sella (former Intelligence Corps commander), Lior Handelsman, and team

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