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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