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SolarEdge Targets $2.4B by 2029, Bets on AI Data Center Power Growth
Source: marketbeat.com
Renewable Energy TransitionArtificial IntelligenceCorporate Guidance & OutlookTechnology & InnovationCompany Fundamentals
SolarEdge outlined a growth plan targeting $2.4 billion of revenue and a 35% gross margin by 2029, supported by expansion in residential and commercial solar. The company is also pursuing a new power-conversion opportunity serving AI data centers, diversifying its addressable market beyond its core solar business.
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