SolarEdge acquires Wevo for enhanced EV charging

SolarEdge enhances EV charging management through its Wevo acquisition. (Image Credit: SolarEdge).

SolarEdge Technologies, Inc., a smart energy technology leader, has acquired Wevo Energy Ltd., a software startup specializing in EV charging optimization. Wevo’s vendor-agnostic software supports open protocols, enabling multi-user pricing, predictive load management, and other services. With installations across North America, Europe, and the Middle East, Wevo has electrified parking spaces. Integrated with SolarEdge’s EV chargers, inverters, and meters, it offers real-time insights into solar production, grid consumption, and EV charging. Wevo’s solution will now enhance SolarEdge ONE, optimizing energy for C&I customers by coordinating solar generation, battery storage, and large-scale EV charging.