Nov 27 (Reuters) - Solaredge Technologies ( SEDG ) said

on Wednesday it would discontinue its energy storage division

and cut its workforce by about 12%, sending the shares of the

solar inverter maker up 2.7% before the bell.

The Israel-based company said it would focus more on its

core solar activities. It expects to record aggregate pre-tax

discontinuation and asset-related charges of between $81 million

and $99 million.

(Reporting by Sourasis Bose in Bengaluru)