The European Investment Bank (EIB) is planning to provide dedicated support to European solar inverter manufacturers amid a call for greater energy security and strategic autonomy.
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.
Firm will keep an eye on potential cancellations after growth in US, Australia, Germany and others helps offset hit in Italy, bringing quarterly revenues to all-time high of US$431.2 million.
Former university spin-off shares ambitions for 300,000 unit sales next year and dedicated American and European subsidiaries as it gives PV Tech a tour of its Hangzhou production line.
