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 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 ...

Members of the European Parliament are urging the European Commission to restrict Chinese solar inverter manufacturers’ ...

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 ...

German inverter manufacturer SMA Solar Technology AG has launched a new hybrid inverter for residential and commercial rooftop PV installations. The Sunny Tripower Smart Energy is a compact two-in-one ...

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 ...

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 ...

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 ...

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 ...

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 ...

SMA Solar Technology also boasts a healthy balance sheet, holding more cash than debt, a fact that aligns with another InvestingPro Tip. The company's market cap stands at $2230.41 million, and it has ...

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 ...