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 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 ...

Chinese PV inverter manufacturer Sungrow released two new 1,500 V inverters at Solar Power International in Las Vegas this week, while Germany s SMA Solar Technology also unveiled an innovative new ...

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 ...

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 ...

"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 ...

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 ...

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 ...