SolarEdge
Nasdaq-listed Israeli solar-inverter maker founded by former Unit 81 commander Guy Sella and chaired from 2019 to 2024 by former Unit 8200 commander Nadav Zafrir
| SolarEdge
| |
|---|---|
| Type | Public company (Nasdaq: SEDG) |
| Founded | 2006 |
| Founder(s) | Guy Sella |
| Headquarters | 1 Hamada Street, Herzliya Pituach, Israel |
| Industry | Solar energy technology (photovoltaic inverters) |
SolarEdge is an Israeli maker of inverter systems for solar photovoltaic installations, listed on Nasdaq.[1] It was founded in 2006 by Guy Sella, a former commander of the IDF's technology unit, Unit 81. During the COVID-19 pandemic it briefly had the largest market value of any Israeli company listed on Wall Street. From 2019 until the end of 2024 its chairman was Nadav Zafrir, a former commander of Unit 8200.[2] The research group Who Profits, which is critical of companies active in the occupied territories, lists SolarEdge for supplying inverters to solar fields in West Bank settlements.[3]
Founder and Unit 81
Ctech describes Guy Sella, who died of cancer in 2019 at the age of 55, as having "commanded Unit 81 and later founded SolarEdge in 2006". It says he brought Nadav Zafrir into Unit 81 and made him his deputy, and that in 2005, "when Guy Sella was preparing to retire from Unit 81", Zafrir considered joining the founding team of SolarEdge before taking the post of deputy commander of Unit 8200.[2]
Chairmanship of Nadav Zafrir
According to Ctech, Sella asked Nadav Zafrir to become chairman days before his death. Under Zafrir's chairmanship SolarEdge rose to a valuation of nearly $20 billion and then fell below $1 billion as interest rates rose; Ctech called this "the most significant blemish" on Zafrir's career. He left the chair at the end of 2024 to become chief executive of Check Point, and in April 2025 still held a seat on the board.[2] Globes described him in 2024 as "joint chairperson" of SolarEdge since 2019.[1]
Settlements
Who Profits states that SolarEdge's solar systems "have been installed in the Shdemot Mehola and Petza’el solar fields, in the settlements of Shdemot Mehola and Petza’el in the Jordan Valley, occupied West Bank". It says the Shdemot Mehola project, begun in 2015, took up about 50 dunams of occupied Palestinian land and used 282 SolarEdge inverters, and that "The company is a supplier to Israel Prison Service and the Israeli Ministry of Public Security."[3]
See also
Notes
- ↑ 1.0 1.1 Assaf Gilead, Check Point names Nadav Zafrir next CEO, Globes, 24 July 2024, accessed 21 October 2026.
- ↑ 2.0 2.1 2.2 Sophie Shulman, Check Point's X-Factor: Can Nadav Zafrir wake the sleeping giant?, Ctech, 17 April 2025, accessed 21 October 2026.
- ↑ 3.0 3.1 Who Profits, Solaredge, Who Profits (company database), accessed 21 October 2026.