Report: SolarEdge Plans Wall Street IPO

September 8, 2014 | According to a report by “Bloomberg,” SolarEdge Technologies is planning to raise more than $100 million in a Wall Street IPO 2015. SolarEdge, based in Hod HaSharon, Israel and founded in 2006, specializes in the development of solar power optimizing systems, shipping over 2 million power optimizers to more than 45 countries. The “Bloomberg” report also stated that the company is currently in talks with financial institutions to begin moving forward to an IPO. As SolarEdge CFO Ronen Faier told “Bloomberg,” “We have all intentions to become one of the largest players in the market and doing that in this market requires a lot of money.”