From pv magazine Germany
German inverter maker SMA Solar Technology AG plans to build an inverter factory at an unspecified location in the United States.
The factory will likely be operational in 2025 and will have an annual capacity of 3.5 GW.
Discussions are currently underway “with several federal states and potential partners to find the most strategically advantageous production location and the right approach,” the company said, noting that up to 200 new jobs will be created in the first three years.
Popular content
“The US is a key market for SMA, and the Inflation Reduction Act (IRA) offers an extraordinary opportunity for long-term growth,” said CEO Jürgen Reinert. “With this step, we will significantly strengthen our market share in the USA and set the course for SMA’s future growth.”
SMA is also pushing ahead with capacity expansion in Germany, where it plans to reach 40 GW. It said it wants to produce solutions for large PV projects and storage systems from 2025 at its Niestetal site, for use in global markets.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
4 comments
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.