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SolarEdge Opens India Development Centre
SolarEdge Technologies, Inc, a global leader in smart energy technology, has announced the opening of its new Research and Development (R&D) campus, the India Development Center (IDC), in Bengaluru.
As part of this expansion, SolarEdge is scaling its engineering capabilities to further strengthen its global product development and innovation support functions. The new center will contribute to the development of next-generation power electronics and smart energy technologies, while broadening SolarEdge’s access to world-class engineering talent. The company plans to recruit engineers across embedded power electronics, embedded control systems, hardware design, mechanical engineering, and integration testing.
Liron Har Shai, Chief R&D Officer at SolarEdge, who led the inauguration ceremony alongside other delegates from company headquarters, said: “Expanding our global R&D footprint in Bengaluru strengthens our ability to innovate at scale, accelerate product development, and collaborate with world-class talent. This investment reflects our confidence in the region’s exceptional engineering capabilities and our commitment to building a strong, globally integrated R&D organization.”
Sanjay Puri, Country Manager of SolarEdge India, emphasised the strategic importance of the expansion: “India remains one of the most dynamic and promising solar markets worldwide, but it has also become an attractive location for global engineering centers. With the inauguration of our new R&D and technology center, we are investing not only in infrastructure, but also in talent and innovation that will drive the next phase of solar growth in the region and globally.”
Sivamani Kukunur, Head of R&D, SolarEdge India, added: “We are grateful for the dedication and expertise of our R&D team in India, alongside our broader global R&D organization, whose commitment to innovation and excellence made this milestone possible. As part of SolarEdge’s global R&D network, the India Development Center will harbor world-class engineering talent and cutting-edge research capabilities, playing a key role in shaping the next generation of smart energy technologies for customers around the world.”
SolarEdge was founded in 2006 in Herzliya, Israel, by five engineers drawn from Israel’s defence and intelligence technology establishment — Guy Sella, Lior Handelsman, Yoav Galin, Meir Adest and Amir Fishelov. Sella, who served as chairman and chief executive from inception until his death in 2019, came from a background running Israel’s Electronics Research Department. The founders’ core insight was deceptively simple: traditional string inverters force every panel in an array to perform only as well as its weakest member, so shading, soiling or mismatch on a single module drags down the whole string. SolarEdge’s answer was a “distributed” architecture — a power optimiser bolted to each panel performing module-level maximum power point tracking (MPPT), paired with a simplified central inverter.
The company began mass production through contract manufacturer Flex in 2009, entered the United States in 2011, and listed on the Nasdaq in March 2015, raising roughly USD 126 million. Today the company is incorporated in Delaware but remains headquartered in Israel, manufactures through contract partners across China, Vietnam, Hungary and other locations, and has shipped tens of GW of inverter capacity into more than 130 countries. Its product line has broadened well beyond optimisers and inverters to batteries, EV charging, home energy management and grid services.
SolarEdge’s trajectory has been anything but smooth.Full-year 2024 revenue fell to roughly USD 901 million, and the firm booked heavy losses and write-downs, including bad debt tied to the bankruptcies of US installer customers such as Freedom Forever (April 2026) and Posigen (November 2025).
Under chief executive Shuki Nir, the company has spent the past several quarters in what it openly calls a turnaround — cutting costs, rationalising its country-level operations, and ramping US manufacturing to capture domestic-content incentives. The first quarter of 2026 offered evidence the medicine is working: revenue of USD 310.5 million was up about 46% year on year (though down 7% sequentially), gross margin recovered to 22% from just 8% a year earlier, and the net loss narrowed sharply to USD 57.4 million from USD 132.1 million in the prior quarter. Management has guided toward roughly break-even operating profitability around the midpoint of its second-quarter outlook, with high hopes on its new “Nexis” platform and a power-electronics roadmap aimed at AI data centres. 
Itremains strong in the premium residential and small commercial segments in the United States and Europe, where its optimiser architecture commands a price premium and where it competes most directly with Enphase’s microinverters rather than with Chinese string-inverter volume.
SolarEdge’s India strategy now has two distinct legs. The first is commercial: the company is already active in the Indian PV market for solar inverters with residential and commercial solar-plus-storage solutions, sold through established distributor partners, and in October 2025 it launched a line of inverters designed specifically for Indian conditions. Its module-level optimiser approach is positioned as a genuine fit for Indian rooftops, where shading from trees, water tanks, overhead cables and  east–west roof orientations is common. But in a price conscoious market, SolarEdge competes as a premium niche brand rather than a volume leader.
The second leg, and the substance of this announcement, is the engineering base. Bengaluru gives SolarEdge access to a deep pool of power-electronics, embedded-systems and hardware talent at a cost structure that is attractive while the company is still rebuilding profitability. In that sense, the India Development Center is as much a global cost-and-capability decision as it is an India-market decision: the engineering done in Bengaluru will feed SolarEdge’s worldwide product pipeline, not only its Indian range. 
We are India’s leading B2B media house, reporting full-time on solar energy, wind, battery storage, solar inverters, and electric vehicle (EV)
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