SMA Solar Q1/2024 Performance Meets Expectations
Registers Group Sales Of €361.8 Million With Large Scale Segment Showing Significant Growth
Friday, 10 May 2024
In Q1/2024, SMA Solar Technology AG saw its Home Solutions and Commercial & Industrial Solutions segments being impacted by normalized demands. There were also high inventories lying with distributors and installers.
SMA Solar Technology Exits 2023 ‘Extremely Successfully’
High Demand, Especially For Large-Scale Solar, Boosts German Inverter Maker’s Business
Friday, 01 Mar 2024
German solar inverter supplier SMA Solar Technology had a solid run in 2023 led by the Large Scale and Project Solutions segment as demand slows down for Home and Commercial & Industrial Solutions segments.
SMA Solar Raises 2023 Sales & EBITDA Guidance
Strong Earnings Development Prompts German Inverter Maker To Revise Q3 & 9M Forecast
Monday, 09 Oct 2023
SMA Solar Technology AG, the German solar PV inverter manufacturer, has raised its financial guidance for this year citing ‘a very positive revenue and earnings development’ in Q3/2023. It is the large scale and project solutions, and commercia.
Home Solutions Lead Business For SMA Solar
German Solar Inverter Company’s H1/2023 Revenues Grew By 65%; Reiterates Annual Guidance
Thursday, 10 Aug 2023
Improved supply situation and strong demand for its products led SMA Solar Technology to sell 7.213 GW worth of solar inverters in H1/2023, up from 5.75 GW in the previous year.
SMA Solar’s Leadership Contract Extended
German Inverter Maker SMA’s CEO Gets 5 More Years On The Top; Also Wins Managing Board Chairmanship
Wednesday, 19 Jul 2023
SMA Solar Technology of Germany will continue to be led by Jürgen Reinert as the company’s CEO for another 5 years, after the company’s Supervisory Board extended his mandate while also elevating him as the chairman of the managing board with immediate effect.
Sneak Peak New Products At Intersolar Europe 2023
TaiyangNews Explores Intersolar To Know What To Expect At World’s Leading Solar Exhibition This Year
Tuesday, 13 Jun 2023
Team TaiyangNews is on the ground at Intersolar Europe 2023, the Europe’s leading solar industry exhibition at Munich, Germany from June 14 to 16, 2023, to bring to our readers some of the most interesting PV developments.
Heat Pumps & PV Systems Connect
Samsung To Integrate Heat Pumps With Solar PV Systems Using SMA Solar’s Inverters
Friday, 09 Jun 2023
Using an ‘innovative’ cloud-to-cloud solution, South Korean electronics giant Samsung plans to integrate its heating systems into Germany’s SMA Solar’s home energy management system, as the duo claim it also enables PV systems with the latter.
SMA Solar Q1/2023 Sales Increase
EMEA Drives German Solar Inverter Supplier’s Business As Annual EBITDA Grows 305% To €60 million
Monday, 15 May 2023
Consistent high demand and electronic components supply chain improvement were major reasons for SMA Solar Technology’s 66.5% annual and 7.3% quarterly increase in Q1/2023 sales of €367.2 million, led by Europe Middle East and Africa (EMEA) region accounting for 73% share.
SMA Solar Exceeds Revised 2022 Guidance
Citing Easing Of Electronic Component Supply Situation & Growing Order Backlog, SMA Increases 2023 Sales Forecast
Friday, 31 Mar 2023
Barring large scale and project solutions, both home solutions and commercial and industrial (C&I) solutions segments pushed up German solar PV inverter company SMA Solar Technology’s 2022 net sales by 8.4% YoY to €1.066 billion thanks mainly.
SMA Solar Revises Annual Earnings Forecast For 2022
High Incoming Orders & Improving Electronic Components Supply Prompts SMA Solar To Increase 2022 Guidance
Tuesday, 01 Nov 2022
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
Wednesday, 13 Jul 2022
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
Friday, 08 Jul 2022
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
Friday, 20 May 2022
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
Thursday, 12 May 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
Friday, 01 Apr 2022
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
Friday, 04 Mar 2022
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
Saturday, 15 Jan 2022
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
Friday, 13 Aug 2021
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
Tuesday, 16 Oct 2018
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.
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