SolarEdge Acquires Wevo Energy

April 4, 2024

SolarEdge Technologies has completed the acquisition of Wevo Energy Ltd., an Israel-based software startup that provides AI-driven EV charging optimization and management for large charger sites. The Wevo solution will be integrated into SolarEdge's EV chargers and the SolarEdge ONE energy optimization system to enhance commercial and industrial offerings by combining EV charging with on-site solar and storage.

Buyers
SolarEdge Technologies, Inc.
Targets
Wevo Energy Ltd.
Industry
Renewable Energy
Location
Israel
Transaction Type
Buyout

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