SMA Solar has forecast financial losses and further restructuring measures in 2025, as it responds to falling sales and a “challenging” market for residential and commercial renewable energy installations.
The Asia Pacific (APAC) region has accounted for 69% of the 589GW solar PV inverters shipped in 2024, according to a report from analyst Wood Mackenzie.
Independent power producer (IPP) Grenergy has acquired 1GW (298 units) of inverters from Spanish manufacturer Ingeteam for its 2GW/11GWh Oasis de Atacama solar-plus-storage project in Chile.