SMA Solar plans to cut costs of €150-200 million (US$168-224 million). Image: SMA Solar. German solar inverter manufacturer SMA Solar has announced plans to conduct a “company-wide restructuring and ...
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 ...
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.
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 ...