Uri Bechor from flex Joined SolarEdge

SolarEdge Technologies from Herzliya, Israel, is strengthening its management team with the appointment of Mr. Uri Bechor as Chief Operating Officer. He brings over twenty years of experience in  Flextronics International where he had served in both senior VP and GM level roles. In his last position, he served as Senior Vice President, Global Operations, Europe and the Americas where he oversaw more than forty manufacturing sites and was responsible for revenues of more than $10 billion.

“I am very excited to be joining SolarEdge during its continued expansion through acquisitions and organic growth,” said Bechor. “I was the General Manager of Flextronics Israel when SolarEdge began production in 2010, and I know well the products and many of the management and operations team. I am honored and poised to address the opportunities and challenges that lie ahead.”

“Uri is a key addition to our growing executive management team,” stated Nadav Zafrir, Co-Chairman of SolarEdge. “He will significantly enhance our operations capabilities and execution. Mr. Bechor will no doubt contribute greatly to the operational aspects needed to grow both our core smart energy business and our recently acquired businesses, including lithium ion cells and batteries of Kokam.”

Established in 2006, SolarEdge provides solutions to optimize power harvesting and managements in photovoltaic (PV) systems. Its intelligent inverter solution maximizes power generation while lowering the cost of energy produced by the PV system. The company had achieved record revenues of $325.0 million during the Second Quarter 2019.

SolarEdge Appoints New Director as Co-Chairman

SolarEdge Technologies from Herzliya, Israel, announced the appointment of Nadav Zafrir as co-chairman and member of the board of directors. The appointment was approved unanimously by the board of directors and is being made to further strengthen the executive management of the company in light of the continued illness of Guy Sella, founder, Chairman and CEO of SolarEdge.

Mr. Zafrir brings to SolarEdge twenty-five years of experience in cyber leadership and technology development. He is the co-founder and Chief Executive Officer of Team8, a leading think tank that specialize in cyber resilience and data science. He was previously the Commander of the Israel Defense Forces’ Technology Intelligence Unit 8200 (Israel’s NSA), as well as founder of the IDF Cyber Command.

Established in 2006, SolarEdge provides solutions to optimize power harvesting and managements in photovoltaic (PV) systems. Its intelligent inverter solution maximizes power generation while lowering the cost of energy produced by the PV system. The company had achieved record revenues of $325.0 million during the Second Quarter 2019.

“Nadav Zafrir and I have worked together for decades, going back to our years of managing complex technological developments in the army,” stated Mr. Sella. “I cannot imagine a better fit for co-chairman to our board of directors than Nadav Zafrir.”

SolarEdge Extends Lawsuit against Huawei

SolarEdge Technologies, from Herzliya, Israel has extended its lawsuit pending in the Mannheim District Court, Germany, against the Chinese Huawei Technologies and WATTKRAFT Solar GmbH, a German distributor for Huawei, by asserting two additional patents related to its power optimizer technology. The original lawsuits filed in June covered SolarEdge’s DC optimized inverter technology.

The company seeks inter alia monetary damages, an injunction with regard to the German market, and recall of infringing Huawei optimizers and inverters from the German market. It asks the court to prevent Huawei from selling in Germany any optimizers and inverters that infringe upon the SolarEdge’s IP. “SolarEdge has strived to advance the PV industry by overcoming limitations of standard PV systems through the introduction of its innovative DC optimization technology, in our view making solar energy more attractive and accessible,” stated Guy Sella, CEO, Chairman, and Founder of SolarEdge.

“These advancements, resulting from dedication, engineering expertise, and significant investment in R&D, can only achieve their full potential when safeguarded by an industry that respects healthy and fair competition. What we view as illegal use of proprietary technology can stifle the solar industry during this critical period of global energy transformation. Our actions are meant to ensure the integrity of the entire PV industry, secure a level playing field, and protect SolarEdge’s intellectual property.”

SolarEdge is considered a global leader in smart energy technology with total 2017 annual revenues of $607.0 million, up 24% from the prior year. It holds 126 awarded patents, 169 additional patent applications worldwide, and other extensive intellectual property covering smart energy technology. SolarEdge has shipped 7.5GW of systems worldwide, among which includes 25.2 million power optimizers and 1.1 million inverters.