Citing unnamed sources, Bloomberg reported that the company is currently in talks with financial institutions to list in the US.
The news agency cited SolarEdge chief financial officer Ronen Faier as saying: "We have all intentions to become one of the largest players in the market and doing that in this market requires a lot of money.
"It’s very hard to grow a large company on private money."
SolarEdge is also planning to expand its operations in Asia. In 2011, the company raised $37m in a funding round led by Norwest Venture Partners.
According to Bloomberg’s data, six Israeli firms have been listed in the US in 2014.
The news agency said around four additional offerings are pending and Mobileye’s $1bn IPO in July has been so far the biggest in the US by an Israeli firm.
Established in 2006, SolarEdge provides distributed solar power harvesting and PV monitoring solution that boosts power generation of residential, commercial and large-scale PV system installations by about 25%.
By the second quarter of 2013, the company shipped more than two million power optimizers to over 45 countries globally.
