SMA Solar Revises Annual Earnings Forecast For 2022
High Incoming Orders & Improving Electronic Components Supply Prompts SMA Solar To Increase 2022 Guidance
SMA Solar Technology AG, Europe’s prime solar PV inverter manufacturer from Germany, has increased its annual EBITDA forecast for 2022 to €60 million to €70 million, from €10 million to €60 million, riding on high level of incoming orde.
Patent Lawsuit Against SMA Solar Technology
Tigo Energy Accuses SMA Solar Of Infringing On Its Solar Rapid Shutdown Technology
US based module level power electronics (MLPE) supplier Tigo Energy has approached the United States District Court for the District of Delaware and filed a patent infringement lawsuit against SMA Solar Technology America regarding its module level solar rapid shutdown technology.
2021 Inverter Rankings A Chinese Game
Global PV Inverter Shipments Added Up To 225 GW AC In 2021, Led By Huawei & Chinese Peers
In 2021, global solar PV inverter shipments added up to 225.286 GW AC in 2021, having grown 22% or 40.25 GW AC on annual basis, thanks to strong growth supported by government policies in the markets of Europe, India and Latin America, says Wood Mackenzie.
SMA Solar Announces New Chief Financial Officer
Thyssenkrupp’s Barbara Gregor To Be SMA Solar’s New CFO, Taking Over From Ulrich Hadding
German solar PV inverter supplier SMA Solar Technology AG has earned Managing Director and CFO of thyssenkrupp Materials Trading GmbH and the international thyssenkrupp Materials Trading Group Barbara Gregor as the company’s next incoming CFO from .
SMA Solar’s Q1/2022 Financial Results
Electronic Chip Shortage Pull Down SMA Solar’s Annual Sales For Q1/2022
German solar PV inverter company SMA Solar Technology AG recorded its highest order intake of the past decade in Q1/2022, however tight supply of electronic chips pulled down its annual sales in the quarter by 8.2% to €220.6 million.
SMA Solar Declares 2021 Financial Results
Chip Shortage Pulls Down SMA Solar’s 2021 Business; Bullish For 2022 Prospects With Large Order Backlog
German solar PV inverter supplier SMA Solar Technology AG saw its annual sales for 2021 drop by 4% to €983.7 million, owing to the COVID-19 pandemic and shortage of electronics chips supply.
SMA Solar’s 2021 Preliminary Financial Results
German Inverter Maker Further Lowers 2021 EBITDA Guidance; Offers 2022 Annual Guidance
Solar inverter supplier from Germany, SMA Solar Technology AG has lowered its EBITDA guidance for 2021 the 3rd time since December 2021, down to about €9 million, from the previous guidance of €20 million to €30 million it offered in January 2022 (see SMA Solar Lowers 2021 Earnings Guidance).
SMA Solar Lowers 2021 Earnings Guidance
German Solar PV Inverter Maker Adjusts 2021 EBITDA Guidance Again
SMA Solar Technology AG, the German solar PV inverter manufacturer, has once again adjusted its EBITDA guidance for 2021, bringing it down from €50 million to €65 million to now €20 million and €30 million, citing trouble in an existing O&M service contract.
COVID-19 Brought Down SMA Solar’s H1/2021 Sales
German Solar PV Inverter Manufacturer SMA Solar Technology’s H1/2021 Sales Decline 5% Due To COVID-19 Related Uncertainties, But Net Income Increases; Order Backlog Grows 12% YoY; Management Confirms 2021 Sales Guidance
While sales in the business solutions segment declined, SMA Solar saw an increase in home solutions and large scale & project solutions business during H1/2021 on annual basis.
Pierre-Pascal Urbon Leaves SMA Solar
SMA Solar Cuts Down Management Board Count; Deputy CEO Jürgen Reinert To Replace Pierre-Pascal Urbon As Chief Executive Officer
As longtime SMA CEO Pierre-Pascal Urbon (right) moves out of the company, the German inverter market leader has found a replacement internally with its CTO Dr.-Ing. Jürgen Reinert (left) stepping in with immediate effect.
