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SolarEdge Inverter Shipments Rise Globally, US Market Declines Amid Seasonal Challenges and Battery Sales Drop

Solaredge’s inverters shipments have risen quarterly to 946MW, with Europe and the rest of the world increasing shipments. However, the US continues to decrease from the previous quarter with 226MW of inverters shipped during Q1 2024. The residential market continues to fall, with 302MW of this coming month. The company also noted a continued uptake in its single phase battery product in the US market, particularly in California and Puerto Rico. Despite this uptake, SolarEdge batteries shipped in Q1 2025 are down from 133MWh to 128MWh. Sales-through in the commercial market was down 22% due to seasonality. Solaredge also expects sell-through of its inverters to be up 15-20% in Q2 2024 compared with Q1 2021. The firm’s production capacity is currently at 250MW and is on track to reach 500MW of manufacturing capacity by Q2 2025.

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