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SMA

Australia pours funding into advanced inverter capability batteries

The Australian Renewable Energy Agency has announced a AUD100 million competitive funding round for grid scale batteries. While battery technology agnostic, the projects must be equipped with advanced inverter technology.

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SolarPower Europe highlights Polish rooftop incentive as case study for the effectiveness of policy support

The Euro trade body has promised to monitor the developing solar jobs market annually from now on, and pointed to Poland’s position at the top of the tree of EU member states for PV jobs last year as evidence the technology can still benefit from legislative backing.

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SMA warns of electronic component shortage

In the first half of the year, the German PV inverter maker recorded high demand for its inverters and storage solutions from the residential solar segment. The effects of the corona pandemic, however, have had an impact on the commercial segment and, although a recovery in demand is expected in the second half of the year, SMA said it is currently dealing with delivery issues.

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SMA exceeds €1bn in sales for first time since 2012

German inverter manufacturer SMA has managed to shake off the impact of the pandemic by posting strong revenue and profits for 2020.

Major inverter makers unveil products compatible with 210mm solar modules

Chinese solar module manufacturer Trina Solar has listed all inverter producers that in the past weeks have unveiled new devices or upgraded products for solar panels based on 210mm silicon wafers. Huawei, Sineng, Sungrow, SMA, GoodWe, Ginlong, and Kstar have all reportedly launched or are planning to launch centralized or string inverters that may better cope with bigger and more powerful panels.

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SMA passes billion-euro mark in 2020 sales, expects further growth

Despite the Corona pandemic, SMA Solar was able to significantly improve its financial results over the past year and has met its 2020 forecasts. Overall, the German PV company has installed more than 100 GW of solar inverter power globally.

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Meyer Burger and SMA call for an industrial strategy for PV production in Germany

The two PV companies have outlined how competitive value creation in Germany and Europe can succeed. This would also be important in order to preserve technologies and innovations in this country. Meyer Burger and SMA make four specific proposals in which they have an eye on both the generation of solar power and the manufacture of the photovoltaic products required for this.

SMA swings to profit in first three quarters of 2020

Despite the coronavirus pandemic, the photovoltaic inverter maker was able to significantly increase its turnover and sales compared to the previous year.

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New trial could nix rooftop solar export tribulations in South Australia

As some parts of Australia’s distribution networks threaten to black out under the flow of rooftop solar exports, ARENA announces funding for a trial that will enable flexible exports in line with what the networks can bear. Smart software is the answer.

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SMA reports 42% increase in turnover, Meyer Burger swings to a loss

German inverter manufacturer SMA Solar Technology reported solid financial results for the first half of 2020 despite the Covid-19 crisis. Meyer Burger, however, saw sales and profits decline.

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