Major PV inverter manufacturer SMA Solar Technology has once again reiterated sales and earnings guidance for 2018, after reporting first half year results but has become increasingly bearish on the global solar market, while its solar product order backlog takes a dive.
Two years ago the UK government’s new feed-in tariff regime came into force, starting an immensely difficult period for the solar industry. Deployment has fallen by nearly 80%, and thousands of jobs have been lost. This is the inside track of how it happened.
