Germany-based SMA Solar is to acquire Danfoss’ solar inverter business. Danfoss will acquire 20% of SMA’s shares with a value of €302 million (US$415 million) in return for selling its inverter unit.

SMA is the first inverter manufacturer to complete functional and safety testing with UL according to the UL 1741 SA (Supplement A) draft standard, which identifies inverter functions required for ...

SMA Solar Technology achieved 78.64% revenue growth in FY23 but faced a 73.55% YTD market price collapse in FY24 due to oversupply from Chinese manufacturers. Despite market challenges, SMA's Large ...

SMA is offering a new line of four inverters with power ratings of 12kW, 15kW, 20kW and 25kW, for use in rooftop PV systems up to 135kW in size. It claims the inverters provide grid-compliant power ...

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), the creator of the world’s first operating system for artificial intelligence, aiWARE™, today announced development of a new device learning ...

SMA sold inverters with a cumulative output of 13.6GW in 2021. Image: SMA Solar Technology. SMA Solar Technology’s sales for 2021 came in below prior expectations for the year as the inverter supplier ...

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 ...

Germany's SMA Solar grew at a blistering pace in the third quarter, doubling its revenues to a record-smashing €627m ($859.9m) as it continues to dominate the global inverter market. Kassel-based SMA ...

"Silicon carbide enables us to build the inverters compact, powerful and reliable," said Sven Bremicker, Head of Technology Development Center at SMA. "In the Sunny Highpower PEAK3, the CoolSiC ...

Getting your Trinity Audio player ready... SMA Solar Technology AG, the world’s largest maker of solar inverters, said Monday that it will locate its first manufacturing plant outside of Germany in ...

The Denver plant was a big deal when it was announced in October 2009. SMA Solar, the German manufacturer of solar power inverters, will shut down its manufacturing plant in Denver — affecting about ...