SolarEdge Technologies , an Israeli maker of solar power equipment , is buying 50 % of South Korean lithium - ion battery cell supplier Kokam for $ 88 m . Solaredge is not the only inverter company to diversify its technology offering by entering strategic partnerships with companies from related sectors. SolarEdge said it would try to buy the rest of Kokam on the open market . SolarEdge is one of a number of inverter makers who have been expanding their technology portfolio by agreeing deals in related sectors . Earlier this year it bought power supply firm Gamesa for $ 11.5 m .
SolarEdge Technologies , an Israeli maker of solar power equipment , is buying 50 % of South Korean lithium - ion battery cell supplier Kokam for $ 88 m . SolarEdge said it would try to buy the rest of Kokam on the open market . SolarEdge is one of a number of inverter makers who have been expanding their technology portfolio by agreeing deals in related sectors . Earlier this year it bought power supply firm Gamesa for $ 11.5 m .