SolarEdge Technologies, Inc., commonly referred to as SolarEdge, is a leading provider of intelligent energy solutions headquartered in Israel (IL). Founded in 2006, the company has established itself as a key player in the solar energy industry, focusing on optimised inverter systems and smart energy management technologies. With a strong presence in North America, Europe, and Asia, SolarEdge has achieved significant milestones, including the development of its innovative power optimisers, which enhance the efficiency of solar energy systems. The company’s unique offerings, such as its advanced monitoring platform and storage solutions, set it apart in a competitive market. Recognised for its commitment to sustainability and innovation, SolarEdge continues to solidify its market position, contributing to the global transition towards renewable energy.
How does Solar Edge's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Solar PV Electricity industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Solar Edge's score of 28 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Solar Edge reported significant carbon emissions from its operations, totalling approximately 14,580,000 kg CO2e in Scope 1 and 12,042,000 kg CO2e in Scope 2 emissions in Israel. Globally, the company’s emissions included about 9,895,000 kg CO2e in Scope 1 and approximately 42,928,000 kg CO2e in Scope 2, alongside Scope 3 emissions amounting to around 55,703,000 kg CO2e from the use of sold products and other categories. Solar Edge has set ambitious carbon reduction targets, aiming for a 30% reduction in greenhouse gas (GHG) emissions per million dollars of revenue by 2025. Additionally, the company plans to reduce GHG emissions per gigawatt (GW) of inverter power supplied by 20% within the same timeframe. These initiatives reflect Solar Edge's commitment to sustainability and its proactive approach to mitigating climate impact.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,197,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 17,403,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Solar Edge is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.