SMA Solar Technology faces new challenges like potential US import tariffs but holds a strong position in the utility-scale inverter market. Despite a 19.6% YoY revenue drop in FY24, SMA's ...

German inverter and battery manufacturer SMA Solar Technology AG has unveiled a modular lithium iron phosphate battery system for commercial and industrial applications, with capacities ranging from ...

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 ...

SMA Solar Technology AG has launched a “group-wide restructuring and transformation program.” The board hopes to achieve cost savings of an estimated €150 million to €200 million. “With the ...

The Create Energy and SMA Solar teams at SMA’s German headquarters. The partnership will see SMA Solar restart US manufacturing after a decade-long absence. Image: SMA Solar German inverter ...

German solar inverter manufacturer SMA Solar will cut 350 jobs in 2026 as it adapts to the “weak” residential PV market. SMA will scrap 300 jobs in Germany and 50 internationally over the course of ...

June 19 (Reuters) - Shares in German solar power parts supplier SMA Solar Technology AG (S92G.DE), opens new tab plunged by 31.7% on Wednesday after it cut its profit guidance on Tuesday night, citing ...

Kassel, Niestetal – SMA Technologie is now trading as SMA Solar Technology. The new name reflects SMA’s strong focus on solar technology and the increasingly international scope of its business ...

Fintel reports that on January 3, 2025, METZLER EQUITIES downgraded their outlook for SMA Solar Technology (XTRA:S92) from Buy to Hold. As of December 23, 2024, the average one-year price target for ...

SMA Solar Technology said it will cut jobs as part of a restructuring program that aims to reduce costs as the company faces persistently weak market conditions. The German solar energy equipment ...

(RTTNews) - SMA Solar Technology AG (SMTGF.PK) reported that its fiscal 2023 net income rose to 225.7 million euros from 55.8 million euros, prior year. Earnings per share increased to 6.50 euros from ...

SMA Solar Technology AG engages in the development, production and sale of solar inverters and monitoring systems for solar power systems. It operates its business through the following segments: ...