SMA Solar breaks ground to build 20GW inverter factory in Germany

Facebook
Twitter
LinkedIn
Reddit
Email
The company’s production capacity will increase from 20GW to 40GW after the completion of the factory. Image: SMA Solar.

Inverter supplier SMA Solar Technology has started the construction of a 20GW inverter factory in Germany. 

After completion, the company’s production capacity will increase from 20GW to 40GW. Located at Niestetal, Hesse, the €80 million (US$87.8 million) investment project is expected to begin operations in 2025. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“Against the background of global climate change, the world is pinning its hopes on renewable energy. But to leverage this enormous potential, PV has to be intelligently coupled with storage systems, e-mobility and other sectors and integrated into the overall system,” said Jürgen Reinert, CEO of SMA. 

Reinert added that the factory will be producing system solutions for large-scale PV power plants in two years, while the products will be shipped to markets across the globe. 

Recently, SMA Solar Technology published financial results for 2022, which show significant improvements in EBITDA and net income compared with 2021.

Although supply shortages affected the whole solar value chain in 2022, SMA’s provisional results show an EBITDA margin of 6.6% – posting earnings of €70 million compared with €8.5 million the previous year.

The figures showed that net income rose significantly as well, from -€23.2 million in 2021 to €55.8 million. Sales rose 8.4% year-on-year to €1 billion, driven by a high demand as the solar industry has expanded over the year and the general easing of supply chain constraints in the second half of 2022.

Read Next

September 17, 2025
Struggling Swiss solar manufacturer Meyer Burger has formally entered into a debt moratorium, with the possibility of rescuing the entire group now looking unlikely.
September 16, 2025
Two of the major European solar trade associations, the European Solar Manufacturing Council (ESMC) and SolarPower Europe (SPE), have called for EU policymakers to take measures supporting European solar manufacturing.
September 12, 2025
German trade association BSW-Solar has called the German government for a simplified, standardised and more digitalised grid access for solar PV and energy storage operators.
September 10, 2025
A project claimed to be Germany’s largest agriPV plant has been commissioned in the north-east of the country.
September 4, 2025
Fraunhofer ISE has completed testing work of grid-forming inverters currently available in the energy industry.
September 4, 2025
The Czech national cybersecurity agency has warned that Chinese solar inverters represent a threat to the country’s data security.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA