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 Solar Technology faces new challenges like potential US import tariffs but holds a strong position in the utility-scale inverter market. Despite a 19.6% YoY revenue drop in FY24, SMA's ...

SMA Solar Technology AG has launched a “group-wide restructuring and transformation program.” The board hopes to achieve cost savings of an estimated €150 million to €200 million. “With the ...

Alongside the US plant, SMA is building a 20GW inverter expansion plant in Germany. Image: SMA Inverter supplier SMA Solar Technology plans to build an inverter production site in the US, with an ...

“The global PV market has developed very inconsistently this year,” said SMA Solar CEO Jürgen Reinert. Image: SMA Solar Technology AG. German solar inverter manufacturer SMA Solar has published its ...

June 19 (Reuters) - Shares in German solar power parts supplier SMA Solar Technology AG (S92G.DE), opens new tab plunged by 31.7% on Wednesday after it cut its profit guidance on Tuesday night, citing ...

(RTTNews) - SMA Solar Technology AG (SMTGF.PK) reported that its fiscal 2023 net income rose to 225.7 million euros from 55.8 million euros, prior year. Earnings per share increased to 6.50 euros from ...

SMA Solar Technology AG says it will open a new 3.5 GW inverter factory at an unspecified location in the United States in 2025. The German manufacturer is currently talking with several US states and ...

SMA Solar Technology said it will cut jobs as part of a restructuring program that aims to reduce costs as the company faces persistently weak market conditions. The German solar energy equipment ...

(RTTNews) - SMA Solar Technology AG (SMTGF.PK), a Germany-based specialist in photovoltaic system technology, announced that it expects sales of 684.9 million euros in the first half of 2025, compared ...

SMA Solar Technology AG engages in the development, production and sale of solar inverters and monitoring systems for solar power systems. It operates its business through the following segments: ...