** Shares of solar inverter maker SolarEdge Technologies SEDG.O rise 19.6% to $18.28 premarket
** Co to reduce headcount by about 400 employees globally
** SEDG expects lay offs will lead to a quarterly reduction in expenses of about $9 mln to $11 mln
** Co had previously announced workforce reduction plans in January, July, and November in 2024
** Co also announces safe harbor agreements with Sunrun RUN.O and a U.S.-based residential solar installations financier
** Expects deliveries under the safe harbor agreements to take place throughout 2025
** Up till last close, stock up 12.35%
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
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