SolarEdge

SEDG

Market cap $2.41B

Chinese solar stocks soared on Tuesday as state media reported that authorities were planning to strengthen controls on solar production capacity, as the industry faces a glut of supply that has driven prices unsustainably low.

SolarEdge Technologies (SEDG) closed the most recent trading day at $35.06, moving 9.19% from the previous trading session.

Shares in Japanese renewable energy company Renova plunged more than 11% on Monday, making it the biggest loser on the Tokyo Stock Exchange's prime market, after Sanae Takaichi looked set to become Japan's next prime minister.

In the most recent trading session, SolarEdge Technologies (SEDG) closed at $37.96, indicating a -1.71% shift from the previous trading day.

SolarEdge Technologies (SEDG) closed the most recent trading day at $37.9, moving +1.15% from the previous trading session.

Shares of SolarEdge Technologies (SEDG 2.15%) rallied 22.4% this week, according to data from S&P Global Market Intelligence.

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy technology, today announced a landmark achievement in its manufacturing strategy to deploy American-made solar technology around the world. The Company's first international shipments are now underway, marking a key step in delivering high-quality, competitive, American-made products to international customers across the globe. The first exports for the residential solar segment are n.

The latest trading day saw SolarEdge Technologies (SEDG) settling at $28.97, representing a -1.76% change from its previous close.

For the first time in its history, the digital economy faces a true energy bottleneck. Artificial intelligence and the hyperscale data centers that support it are so compute and power hungry that the existing US grid is straining to keep up and may soon be unable to meet demand.

Enphase Energy and SolarEdge showcase growth, new products and challenges as investors weigh opportunities in the solar energy market.