SMA’s results affected by price declines
The German inverter manufacturer reports that shipments remained stable in the first half of this year, while revenues were down year-over-year. The company has raised its outlook for 2017.
SMA raises 2017 guidance
The leading inverter maker has increased its earnings forecast for the year to $1.06 – $1.12 billion as orders swell.
SMA and Cypress Creek enter into 10-year master service agreement
Two industry powerhouses join forces to combine their experience to maximize up-time for Cypress’ ever-expanding portfolio.
SMA remains in the black
A difficult market environment has led to a drop in sales and profits. The German inverter maker, however, was able to keep writing black numbers in the latest quarter.
SMA holds firm as inverter revenue leader, with Huawei topping shipment charts, says IHS Markit
Latest market data from analysts shows that Huawei shipped the most inverters last year, followed by Sungrow, while SMA, Huawei and SolarEdge pulled in the most revenue worldwide.
SMA announces “major hiring push” in California, Northeast
The inverter giant’s expansion plans are a response to what it says are favorable market conditions. In addition, the company is introducing new products to the U.S. market, including solutions for battery storage.
SMA’s yearly financials show record sales output, but a drop in revenues
Last year was a goody for German solar inverter manufacturer, by posting recording breaking sales figures alongside a rise in EBIT, however, the increase in price pressure in 2016 saw revenues fall, while this trend is expected to continue in 2017.
Global inverter shipments to contract 5% in 2017 before steady recovery, says GTM Research
Consolidation of top 10 suppliers continues as Chinese inverter firms Huawei and Sungrow top shipment chart, while SMA’s U.S. strength sees it cling on to top spot for revenue, report shows.
From the editor: Price collapse
I have focused in recent weeks on political issues at the state and national level for my editorials. However, not all of the solar industry’s concerns have to do with politics. At least not directly.
SMA lowers financial forecast for 2016
The world’s largest inverter maker, SMA Solar Technology, has been forced to reduce its financial outlook for 2016. This follows SolarWorld making a similar announcement.
