NEW YORK, Dec. 07, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits can be filed on behalf of SolarEdge, Inc. SEDGEiger Biopharmaceuticals, Inc. OWNUnisys Corporation UISand Rent the Runway, Inc. RENTAL FEE. Shareholders have until the deadlines below to petition the court to appear as lead plaintiffs. For more information on each case, see the link provided.

SolarEdge, Inc. SEDG

Class Period: August 6, 2022 – October 19, 2022

Lead Plaintiff Deadline: January 3, 2023

SolarEdge is incorporated in the State of Delaware and has its principal place of business at 700 Tasman Dr., Milpitas, California 95035. SolarEdge provides solar energy optimization and photovoltaic (“PV”) monitoring solutions for solar power systems and offers optimizers, inverters, monitors, Tools and accessories for energy harvesting, conversion and efficiency while serving customers worldwide. Two key components of SolarEdge solar energy systems are power optimizers and inverters. A power optimizer can be described as a direct current-to-direct current (“DC-to-DC”) converter technology designed to maximize the energy harvest of solar PV systems. Also known as the “brain” of a solar power system, an inverter converts the direct current (or “raw power”) from the PV panels into alternating current (“AC”) (or “usable” power) that runs in a user’s home.

SolarEdge readily acknowledges that inverters are “critical” because while inverters represent less than 10% of the system cost, these components drive 100% of the system production and are “critical to the long-term financial performance of a PV system, as they generate the energy.” can maximize production and reduce lifetime costs.” Since SolarEdge began commercial delivery of solar power systems in 2010, over 3.7 million inverters and 89 million power optimizers have been shipped…