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.

SMA Solar Technology delivered strong financial results for fiscal year 2023, with group sales growing 79% and net income quadrupling. The company's large scale projects segment showed particularly ...

SMA sold inverters with a cumulative output of 13.6GW in 2021. Image: SMA Solar Technology. SMA Solar Technology’s sales for 2021 came in below prior expectations for the year as the inverter supplier ...

SMA Solar is well-positioned in the Utility inverter market, especially in Germany and the US, which are growing markets. The stock has been severely affected by a sharp decline in commercial and ...

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SMA Solar Technology AG has started building a 20 GW inverter factory at its headquarters in Niestetal, in Hesse, Germany. The new manufacturing facility will be completed by the end of 2024, pushing ...

SMA is one of the world’s leading manufacturers of inverters for photovoltaic systems, so they stepped up to the challenge of building a world-class solar-powered training facility in Niestetal, ...

DGAP-News: SMA Solar Technology AG / Key word(s): Half Year Results Managing Board of SMA Solar Technology AG Forecasts Significant Growth in Sales and Earnings in Coming Months After Restrained ...

SMA America plans to highlight several of its residential, commercial and utility-scale solutions including four new products at Solar Power International in Orlando, Fla., September 10-13, 2012. The ...