Inverter supplier SMA Solar Technology has published provisional financial results for 2022 which show significant improvements in EBITDA and net income compared with 2021.
The CEOs of companies such as First Solar, BayWa r.e. and Meyer Burger have written to the European Commission (EC) to call for urgent action to support the redevelopment of European PV manufacturing.
Module-level power electronics supplier Tigo Energy has filed an intellectual property infringement lawsuit in the US against inverter manufacturer SMA Solar Technology America.
SMA Solar CEO Jürgen Reinert tells PV Tech Premium how the solar industry is benefiting from increased access to politicians as he calls for more support for European PV manufacturers.
Inverter supplier SMA Solar Technology continues to be affected by considerable challenges in connection with the tight electronic supply of electronic components.
SMA Solar Technology’s sales for 2021 came in below prior expectations for the year as the inverter supplier was impacted by a shortage of electronic chips – a headwind it expects to persist in the coming months.
Inverter supplier SMA Solar Technology has lowered its 2021 earnings forecast even further and has warned of additional headwinds this year due to the ongoing global chip shortage.
Solar inverter manufacturer SMA Solar Technology has increased its net income by more than 66% for the first nine months of the year compared with last year as its management board reaffirms its previously downwards adjusted sales and earnings guidance of for 2021
