SolarEdge and Freedom Forever Announce Multi-Year Agreement that Includes PV and Battery Storage Systems
February 09 2023 - 9:30AM
Business Wire
SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a
global leader in smart energy technology, announced today that it
entered into a multi-year agreement with Freedom Forever, a leading
U.S. residential solar installer, for the supply of residential
smart energy products and solutions.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230209005471/en/
The SolarEdge Home Battery will be part
of the residential smart energy solution now offered to Freedom
Forever customers (Photo: Business Wire)
As part of the multi-year agreement between the companies,
Freedom Forever will offer its customers the SolarEdge Home Smart
Energy Ecosystem, including the SolarEdge Home Hub Inverter,
SolarEdge Power Optimizers, SolarEdge Home Battery, Backup
Interface, Smart Energy Devices such as the SolarEdge EV Charger
and Load Controllers.
Brett Bouchy, CEO of Freedom Forever, said: “As the
nation’s largest residential installer, it is imperative that we
align with world-class organizations like SolarEdge as we embark on
our goal to become the first company to install a gigawatt of
residential solar in a 12-month period.”
“Electricity costs, recent weather events, and new regulations,
like the California’s Net Energy Metering 3.0, are bringing solar
and battery solutions to the forefront”, said Zvi Lando, Chief
Executive Officer of SolarEdge. “We are proud to enter this
strategic cooperation with Freedom Forever to provide smarter, more
efficient, and more powerful solar and battery solutions to homes
across the United States.”
About SolarEdge
SolarEdge is a global leader in smart energy technology. By
leveraging world-class engineering capabilities and with a
relentless focus on innovation, SolarEdge creates smart energy
solutions that power our lives and drive future progress. SolarEdge
developed an intelligent inverter solution that changed the way
power is harvested and managed in photovoltaic (PV) systems. The
SolarEdge DC optimized inverter seeks to maximize power generation
while lowering the cost of energy produced by the PV system.
Continuing to advance smart energy, SolarEdge addresses a broad
range of energy market segments through its PV, storage, EV
charging, batteries, electric vehicle powertrains, and grid
services solutions. Visit us at: solaredge.com
About Freedom Forever
Freedom Forever and its family of companies focuses on
residential solar installations that deliver best-in-class
Engineering, Procurement, and Construction for its dealer network.
Since 2011, Freedom Forever has enabled its dealer network to
succeed with a premium offering and aggressive pricing flexibility.
Freedom Forever's 25-year production guarantee provides the
ultimate peace-of-mind for homeowners reluctant to make a big
investment when purchasing their solar systems. With Freedom
Forever, homeowners know what they're getting every time. For more
information, please visit https://freedomforever.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230209005471/en/
SolarEdge Technologies, Inc. Lily Salkin Global Public and Media
Relations Manager Lily.salkin@solaredge.com +972-522028240
SolarEdge Technologies, Inc. Dana Noyman Head of Corporate
Communications and Global PR dana.noyman@solaredge.com +972 54 999
8809
SolarEdge Technologies (NASDAQ:SEDG)
Historical Stock Chart
From Jun 2024 to Jul 2024
SolarEdge Technologies (NASDAQ:SEDG)
Historical Stock Chart
From Jul 2023 to Jul 2024