SolarEdge Launches High-Power TerraMax Inverter in Germany for Utility-Scale
Portfolio Pulse from Benzinga Newsdesk
SolarEdge Technologies, Inc. (NASDAQ:SEDG) has launched its high-power SolarEdge TerraMax Inverter in Germany, targeting small-to-medium utility scale PV installations. The new SE300K1 inverter, combined with H1300 Power Optimizers, aims to increase energy production and reduce costs.
June 20, 2024 | 7:51 am
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SolarEdge Technologies has launched its high-power TerraMax Inverter in Germany, targeting small-to-medium utility scale PV installations. This new product is expected to increase energy production and reduce costs, potentially boosting the company's revenues.
The launch of the high-power TerraMax Inverter in Germany is a significant product development for SolarEdge Technologies. The new inverter is designed to increase energy production and reduce costs, which could lead to higher revenues for the company. Given the focus on utility-scale PV installations, this product could capture a substantial market share in Germany, positively impacting the company's stock price in the short term.
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