sma solar

SMA Solar sold 20.5GW of inverters in 2023, up from 12.2GW in 2022. EBITDA increased to €311 million in 2023 from €70 million in 2022.

Inverter supplier SMA Solar Technology will put an inverter production site in the US with an annual capacity of 3.5GW.

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.

SMA Solar has cut its earnings forecast for the year by more than half pending a contract issue affecting its operations and maintenance business.  

Inverter supplier SMA Solar reported a fall in sales during Q1 2021, but cited the political landscape in the US and Europe as being “extremely encouraging” in the long term.

Inverter manufacturer KACO New Energy will cut 80 jobs from its German operations as it looks to refocus on overseas markets.