SolarEdge Technologies (SEDG) Announces First Section 45X Credit Sale
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Wall St rebounds after Fed's first rate hike in years as oil, Treasury yields dip
- Oil falls 2% to one-week low as Middle East supply disruption fears ease
- The Fed is hiking. Why isn't UBS worried about stocks?
- Wall Street on Fed rate hike: 'As hawkish as it gets'
- RBC bullish on Kraft Heinz, sees return to growth in 2027
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
SolarEdge Announces First Section 45X Credit Sale
November 5, 2024 7:00 AM ESTMILPITAS, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced it closed its first transaction for the sale of §45X Advanced Manufacturing Production Tax Credits in consideration for approximately $40 million, net of discounts and fees. The Credits were generated by sales of eligible, U.S. made, inverters in the first half of 2024.
Ronen Faier, Interim Chief Executive Officer of SolarEdge, said: The Inflation Reduction Act and new §45X of the U.S. Internal Revenue Code have made it possible to bring high value... More
