Better Buy: SolarEdge Technologies vs. Enphase Energy
SolarEdge Technologies (NASDAQ: SEDG) and Enphase Energy (NASDAQ: ENPH) have more in common than just their founding years. Both the companies offer products that aim to maximize power generated from a photovoltaic system. As pioneers in this segment, both enjoy a growing customer base as well as industry-leading margins.
What's more, both the companies are looking to establish themselves in the growing energy storage segment. Is one better positioned than the other to succeed in the competitive solar sector?
In terms of market share, SolarEdge is the bigger player. IHS Markit ranked SolarEdge as the largest PV inverter supplier worldwide by revenue in 2019. Enphase Energy ranked fourth on the list.
Source Fool.com
