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A shortage of electrical components had a minor impact on the company’s sales in H1. Image: SMA Solar Technology.
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Inverter manufacturers facing ‘growing pains’ as industry big picture shifts

November 18, 2024
Cormac Gilligan of S&P Global said macro market forces have combined with technology shifts to impact the fortunes of inverter producers.
sma solar inverters in germany

SMA Solar to slash jobs amid ‘persistently challenging’ residential PV market

November 14, 2024
In its Q1-3 2024 financial results, SMA Solar said it will cut up to 1,100 jobs and reduce costs by between €150 and €200 million by the end of 2025.
sma solar inverters in germany

SMA Solar to complete ‘restructuring’, with job cuts ‘likely’

September 26, 2024
SMA Solar has announced plans to conduct a 'company-wide restructuring' due to the impacts of what it calls a 'volatile' market environment.
SMA Solar factory in Germany.

SMA Solar reports ‘solid’ H1 2024 results, led by Americas and utility-scale businesses

August 13, 2024
SMA Solar has published its latest financial results, reporting sales of €759.3 million (US$829.4 million) in the first half of the year.
Image: Solar Promotion GmbH

New products, innovations and projects: The smarter E Europe announces 2024 award winners

June 20, 2024
The smarter E Award has five categories in total, including photovoltaics, energy storage, e-mobility, smart integrated energy and outstanding projects.
SMA-presents-its-Sunny-Central-Flex-platform-solution

SMA presents Sunny Central Flex for solar, battery storage and hydrogen electrolysers at Intersolar 2024

June 19, 2024
Inverter supplier SMA Solar Technology has presented its new Sunny Central FLEX platform solution for solar PV, battery energy storage and hydrogen electrolysers.
sma solar inverters in germany

SMA Solar reports growth in large-scale inverter sales, decline in distributed inverter sales in Q1 2024

May 8, 2024
SMA Solar has published its financial results for the first quarter of the year, which include falling sales in the home and C&I sectors.
SMA solar headquarters

SMA Solar sales increase 78.6% in 2023

March 1, 2024
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.
Image: SMA

SMA Solar to build 3.5GW inverter plant in the US

December 14, 2023
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 solutions from Tigo. Image: Tigo Energy.

Tigo Energy files IP infringement lawsuit against SMA Solar

July 12, 2022
Module-level power electronics supplier Tigo Energy has filed an intellectual property infringement lawsuit in the US against inverter manufacturer SMA Solar Technology America.

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