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Renewable Energy

20 stories about Renewable Energy
Shuki Nir

SolarEdge appoints new CEO amid ongoing restructuring efforts

05.12.24|Adiel Eithan Mustaki
Shuki Nir, who previously served as the company’s CMO, steps into leadership as the company battles declining revenue and operational shifts.
enSights

EnSights raises $10M for AI-powered clean energy optimization platform

05.12.24|CTech
The Israeli startup has developed an energy optimization and management platform that scales business operations while aiming to maximize the financial and energy performance of renewable assets. 
מפעל סולאראדג'

SolarEdge to shut down energy storage division, lays off 500 workers in South Korea

27.11.24|Adiel Eithan Mustaki
Amid declining revenues and leadership changes, SolarEdge restructures to concentrate on solar operations.
ועידת מיאמי 2024 – יקי נוימן

"Our goal is to produce clean, affordable energy that supports the economy"

17.11.24|Elihay Vidal
Yaki Noyman, CEO of Doral, was speaking at the Calcalist and Bank Leumi conference in Miami. 
מפעל סולאראדג'

SolarEdge struggles mount as Trump’s energy stance clouds green sector’s future

07.11.24|Adiel Eithan Mustaki
The renewable energy company’s shares fell 22% in after-hours trading following a sharp drop in quarterly revenue and a significant widening of losses.
הנפקה ב נאסדק solar edge סולאראדג

SolarEdge slump hits another low as market cap drops below $1 billion

21.10.24|Adiel Eithan Mustaki
The renewable energy company peaked at a value of almost $20 billion in 2022, but has lost 82% of its market cap since the start of the year. 
פרויקטים של אנרג'יקס בארה"ב אנרגיה ירוקה סולארית

Google backs Energix in $1.5 billion deal to fuel US renewable energy growth

20.08.24|Adiel Eithan Mustaki
New deal set to power data centers and drive AI with renewable energy solutions. 
מוסף שבועי 18.2.21 ציבי לנדו מנכ"ל סולאראדג

SolarEdge's struggles deepen: Fourth consecutive quarterly loss and stock plunge

08.08.24|Adiel Eithan Mustaki
The Israeli renewable energy company, which is struggling with excess inventory and high interest rates, reported a net loss of $130 million, compared to a net profit of $119 million in the same quarter last year. The company has undergone two waves of layoffs this year and the stock has plummeted by 75% since the beginning of 2024. 
טורבינת רוח טורבינות רוח אנרגיה ירוקה אנרגיה מתחדשת אנרגיות ירוקות אנרגיות מתחדשות

How 'energy islands' are shaping Israel's wartime energy security

18.07.24|Reuters
Israel's energy transition plan has been in the works for years but took on greater urgency when war broke out on several fronts following deadly Hamas attacks in southern Israel on October 7. 
מנכ"ל סולאראדג' צבי לנדאו

Power failure: Has SolarEdge's crisis made it a takeover target?

18.07.24|Adiel Eithan Mustaki
The company's value collapsed from $20 billion to $1.6 billion in about two years, making it a potential acquisition target. SolarEdge, which has no controlling owner, announced layoffs of 400 employees, half of them in Israel, causing its stock to continue to fall.
מנכ"ל סולאראדג' צבי לנדאו

SolarEdge cutting 400 jobs in second round of layoffs in six months

15.07.24|Adiel Eithan Mustaki
The struggling renewable energy company laid off 900 workers in January, approximately 16% of its workforce. The latest cutbacks will see SolarEdge part ways with around 8.5% of its remaining team.
מנכ"ל סולאראדג' צבי לנדאו

Will another round of layoffs halt SolarEdge's downward spiral?

14.07.24|Adiel Eithan Mustaki and Amir Perger
The renewable energy company, which laid off about 900 workers in January, is expected to announce the layoffs of hundreds more employees in the coming week. SolarEdge, which traded at a record value of about $20 billion two years ago and was the first Israeli company in the S&P 500, has since lost almost 90% of its value. 
מפעל סולאראדג' באזור התעשייה ציפורית

SolarEdge set to cut hundreds of jobs in second round of layoffs in six months

12.07.24|Adiel Eithan Mustaki
After seeing its market cap fall by 89% over the past year, the renewable energy company is embarking on another round of cutbacks 
פרויקט ישע של חברת אנלייט

Enlight launches two solar fields in Gaza envelope amid war

08.07.24|Adiel Eithan Mustaki
Enlight’s facilities, which will be operated commercially, were established near Yesha and Re'im. In total, five facilities will be established in the area surrounding Gaza. 
כנס צמיחה משה ממרוד מנכ"ל תדיראן

“Even Gaza had more renewable energy than Israel before the war”

26.06.24|Maya Nahum Shachal
Moshe Mamrud, CEO of Tadiran, was speaking at Calcalist's Growth Conference about the company's commitment to Israeli industry amidst a challenging business environment
לילך דנביץ' דירקטורית אסטרטגיה ושותפויות NTT ישראל

The next step in renewable energy: Electricity from space

12.06.24|Lilach Danewitz
"In a world grappling with increasing energy and environmental challenges and dwindling resources, there is a need to think outside the box and challenge the current perception of energy production," writes Lilach Danewitz
פאנלים סולאריים של אנלייט

Enlight didn’t live up to expectations and learned that Nasdaq has its own rules

27.02.24|Adiel Eithan Mustaki
The renewable energy company presented its financial reports for the fourth quarter and all of 2023 and revealed a double-digit jump in revenue and a triple-digit jump in net profit. However, due to the drop in electricity prices in the US, it missed analysts' forecasts and the stock fell by 5.4%
סולאראדג' חוגגת הנפקה בנאסד"ק

SolarEdge slump continues after disappointingly low forecast, widening loss

21.02.24|Adiel Eithan Mustaki
The renewable energy company is forecasting revenues in the range of $175-215 million this quarter, significantly below analysts' expectations, which were at $374 million. Net loss widened to $162.4 million in Q4 of 2023
מנכ"ל סולאראדג' צבי לנדאו

Shadow of uncertainty still lingering over SolarEdge despite huge cutbacks

22.01.24| Adiel Eithan Mustaki and Almog Azar
Sources close to the company reveal that SolarEdge had formulated a work plan based on quarterly revenues ranging between $600-700 million. More layoffs could be coming should the company continue to fall short of its target
מנכ"ל סולאראדג' צבי לנדאו

SolarEdge to embark on massive layoffs, cutting 900 jobs amid sharp drop in revenue

21.01.24|Almog Azar
The renewable energy company, which has seen its valuation fall by 80%, is expecting its revenues in the fourth quarter of 2023 to be 55% lower than the third quarter, which were themselves 27% less than the second quarter
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