The Israel-based solar inverter maker, which counts General Electric and Norwest Venture Partners as investors, will go public in the US next week.

SolarEdge Technologies, an Israel-based solar inverter maker backed by conglomerate General Electric, will raise $126m when it floats on Nasdaq, after pricing its initial public offering at $18 a share yesterday.

The company will issue 7 million shares, and the underwriters have the 30-day option to buy a further 1.05 million shares, which would boost the size of the offering to $144.9m.

SolarEdge has developed an optimised inverter system for solar photovoltaic systems which it claims maximises power generation…