“SolarEdge Technologies layoffs will impact roughly 900 employees -- or approximately 16% of staff at the solar energy technology company.
The SolarEdge job cuts reinforce a familiar solar energy layoff trend in the overall renewable energy market. Although global demand for solar energy continues to grow, the market has faced multiple headwinds since early 2023.
Among the key challenges: High interest rates made renewable energy infrastructure projects especially costly to finance. Numerous solar consulting, integration and distribution partners have suffered revenue setbacks amid project delays and cancellations.”
https://sustainabletechpartner.com/topics/talent/solaredge-layoffs-16-staff-cuts-at-solar-energy-company/