Germany-based SMA Solar is to acquire Danfoss’ solar inverter business. Danfoss will acquire 20% of SMA’s shares with a value of €302 million (US$415 million) in return for selling its inverter unit.
The German solar inverter producer SMA Solar Technology AG shipped 8.2 GW of devices in 2016, an increase of around 1 GW compared to the previous year. Last year’s revenue, however, came in at €946.7 ...
Intense price pressure is driving consolidation in the global solar inverter industry, with the top 10 suppliers now controlling an 80% share of the market, the highest level in years, according to ...
"Silicon carbide enables us to build the inverters compact, powerful and reliable," said Sven Bremicker, Head of Technology Development Center at SMA. "In the Sunny Highpower PEAK3, the CoolSiC ...
In increasing its international share of inverter sales to 90%, Germany’s SMA has seemingly ridden the global prices pressures currently cascading through the inverter industry to post another strong ...
German solar inverter manufacturer SMA Solar will cut 350 jobs in 2026 as it adapts to the “weak” residential PV market.
SMA Solar Technology AG (ETR:S92), is not the largest company out there, but it saw a decent share price growth of 17% on the XTRA over the last few months. Shareholders may appreciate the recent ...
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