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24/7
Headlines
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Israeli AI startup REplace raises $2.1M to accelerate clean energy deployment with site selection platform
15:35
Telegram's $1.745 billion bond sale severely oversubscribed
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Empathy raises $72M Series C to streamline grief support and estate management
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Full list of Israeli high-tech funding rounds in 2025
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Tenable acquires Sam Altman-backed Apex for over $105 million to boost AI security
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Combat-ready and camera-eyed: The X-Intra drone joins Israel’s arsenal
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Buildots raises $45M at $300M valuation to modernize global construction with AI
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Guardicore founders raise $32 million for new stealth cyber-AI startup
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Israel’s SMARTSHOOTER lands $13M U.S. Army contract for advanced fire control systems
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Renewable Energy
20 stories about Renewable Energy
SolarEdge posts second consecutive quarter of recovery amid signs of turnaround
06.05.25
|
Adiel Eithan Mustaki
Revenue and earnings beat analyst expectations as operating losses narrow and investors regain confidence.
SolarEdge replaces CFO after nine months amid ongoing financial turmoil
03.03.25
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Adiel Eithan Mustaki
Asaf Alperovitz takes over as company battles market downturn and layoffs.
SolarEdge stock surges despite steep loss, as cash flow turns positive
19.02.25
|
Adiel Eithan Mustaki
The renewable energy company beats revenue forecasts and signals a shift toward profitability.
"SolarEdge has high upside potential, but the risk is accordingly high"
12.02.25
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Almog Azar
Despite a 96% drop in stock value, Israel's largest hedge fund believes SolarEdge has the potential to recover as demand for its products surges. However, concerns over its debt, competition, and market conditions make it a risky investment.
Power failure: Only 14% of Israel’s electricity generated from renewable energy
26.01.25
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Shani Ashkenazi
In 2024, 48% of electricity in the European Union came from clean sources like wind and solar, compared to just 14% in Israel. The goal of phasing out coal is slipping further away, costing the economy billions.
Microsoft's $1B climate fund hasn’t backed any Israeli startups despite opening a local office two years ago
16.01.25
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Shani Ashkenazi
Despite opening a dedicated office in Israel to support climate-tech innovation, Microsoft’s Climate Innovation Fund has yet to invest in any local startups, leaving the country’s burgeoning climate-tech sector without promised support.
SolarEdge to cut 400 jobs in fourth wave of layoffs in past year
06.01.25
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Adiel Eithan Mustaki
The renewable energy firm is struggling with declining demand in the US and excess inventory in Europe as new CEO Shuki Nir leads restructuring efforts.
SolarEdge’s fourth round of layoffs tests new CEO’s recovery plan
06.01.25
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Adiel Eithan Mustaki
Political changes in the US and Europe could reshape the outlook for the Israeli solar company.
SolarEdge to announce new wave of layoffs this month
05.01.25
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Adiel Eithan Mustaki
Fourth round of job cuts since last January signals ongoing struggles in key markets.
SolarEdge appoints new CEO amid ongoing restructuring efforts
05.12.24
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Adiel Eithan Mustaki
Shuki Nir, who previously served as the company’s CMO, steps into leadership as the company battles declining revenue and operational shifts.
EnSights raises $10M for AI-powered clean energy optimization platform
05.12.24
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CTech
The Israeli startup has developed an energy optimization and management platform that scales business operations while aiming to maximize the financial and energy performance of renewable assets.
SolarEdge to shut down energy storage division, lays off 500 workers in South Korea
27.11.24
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Adiel Eithan Mustaki
Amid declining revenues and leadership changes, SolarEdge restructures to concentrate on solar operations.
"Our goal is to produce clean, affordable energy that supports the economy"
17.11.24
|
Elihay Vidal
Yaki Noyman, CEO of Doral, was speaking at the Calcalist and Bank Leumi conference in Miami.
SolarEdge struggles mount as Trump’s energy stance clouds green sector’s future
07.11.24
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Adiel Eithan Mustaki
The renewable energy company’s shares fell 22% in after-hours trading following a sharp drop in quarterly revenue and a significant widening of losses.
SolarEdge slump hits another low as market cap drops below $1 billion
21.10.24
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Adiel Eithan Mustaki
The renewable energy company peaked at a value of almost $20 billion in 2022, but has lost 82% of its market cap since the start of the year.
Google backs Energix in $1.5 billion deal to fuel US renewable energy growth
20.08.24
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Adiel Eithan Mustaki
New deal set to power data centers and drive AI with renewable energy solutions.
SolarEdge's struggles deepen: Fourth consecutive quarterly loss and stock plunge
08.08.24
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Adiel Eithan Mustaki
The Israeli renewable energy company, which is struggling with excess inventory and high interest rates, reported a net loss of $130 million, compared to a net profit of $119 million in the same quarter last year. The company has undergone two waves of layoffs this year and the stock has plummeted by 75% since the beginning of 2024.
How 'energy islands' are shaping Israel's wartime energy security
18.07.24
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Reuters
Israel's energy transition plan has been in the works for years but took on greater urgency when war broke out on several fronts following deadly Hamas attacks in southern Israel on October 7.
Power failure: Has SolarEdge's crisis made it a takeover target?
18.07.24
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Adiel Eithan Mustaki
The company's value collapsed from $20 billion to $1.6 billion in about two years, making it a potential acquisition target. SolarEdge, which has no controlling owner, announced layoffs of 400 employees, half of them in Israel, causing its stock to continue to fall.
SolarEdge cutting 400 jobs in second round of layoffs in six months
15.07.24
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Adiel Eithan Mustaki
The struggling renewable energy company laid off 900 workers in January, approximately 16% of its workforce. The latest cutbacks will see SolarEdge part ways with around 8.5% of its remaining team.
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