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 has been added to the list of most sustainable corporations in the world in the most recent list published by Corporate Knights. The company offers a range of clean energy ...

SMA is the first inverter manufacturer to complete functional and safety testing with UL according to the UL 1741 SA (Supplement A) draft standard, which identifies inverter functions required for ...

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 ...

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), the creator of the world’s first operating system for artificial intelligence, aiWARE™, today announced development of a new device learning ...

Kassel-based SMA reeled in an operating profit of €418.2m in first nine months of the year, compared to €120.8m during the same period in 2009. Inverters, seen as the PV sector’s principal bottleneck ...

SMA is offering a new line of four inverters with power ratings of 12kW, 15kW, 20kW and 25kW, for use in rooftop PV systems up to 135kW in size. It claims the inverters provide grid-compliant power ...

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 ...

"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 ...

SMA Solar Technology AG, the world’s largest maker of solar inverters, said Monday that it will locate its first manufacturing plant outside of Germany in Denver. SMA expects to employ about 300 ...

FRANKFURT, Jan 18 (Reuters) - SMA Solar, Germany's largest solar company, on Monday said it would start selling an inverter designed for home storage systems, aiming to tap a market expected to thrive ...

NIESTETAL, GERMANY / ACCESSWIRE / October 27, 2022 / The Managing Board of SMA Solar Technology AG (SMA/FWB: S92) has raised its earnings forecast for the fiscal year 2022. The new forecast predicts ...