Record sales and market share gains marked SMA Solar Technology AG’s financial results for 2008. Sales more than doubled to €682 million, representing a slight increase on preliminary results reported in February, 2009.
SMA said it had increased its PV inverter output sold by about 130% to 2.2GW, compared to 950 MW in 2007. According to SMA it had a global market share of approximately 38%, up from 34% claimed in 2007. Sales were boosted by sales outside Germany, accounting for 42% of sales in 2008, compared to 29% in 2007.
This article requires Premium SubscriptionBasic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Already a subscriber? Sign In
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
