Group sales at €1,530.0 million significantly below the previous year (2023: €1,904.1 million) EBITDA decreases from €311.0million to −€16.0million Earnings significantly impacted by one-time inventory devaluations and restructuring expenses Guidance for 2025: sales of €1,500million to €1,650million; EBITDA between €70million and €110million SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) confirms preliminary figures for 2024 as […]
continue reading
SMA Altenso and RheinEnergie codeveloping battery storage system projects
The market for battery storage systems is growing at pace, with experts predicting Germany’s installed storage capacity to reach as much as 8.6 gigawatt hours (GWh) by 2026. RheinEnergie and SMA Altenso are joining forces with the aim of gaining a foothold in this segment and rapidly expanding storage infrastructure. By entering into a strategic […]
continue reading
Shaping the Future: SMA enhances storage solutions portfolio with powerful battery inverter Sunny Central Storage UP-S
Staying competitive as an operator of large-scale storage systems in the rapidly evolving energy market: SMA Solar Technology AG (SMA) expands its large-scale storage solutions portfolio with the new Sunny Central Storage UP-S battery inverter. Featuring silicon carbide (SiC) MOSFET* technology, it offers superior power conversion efficiency and grid-forming capabilities for large-scale energy storage projects. […]
continue reading
Namibia project achieves gigawatt milestone in hydrogen technology for the subsidiary company SMA Altenso
SMA Altenso (Altenso), a subsidiary of SMA Solar Technology AG (SMA), is driving the flexible use of renewable energies forward with innovative projects worldwide. Following the successful delivery and installation of SMA inverter technology for Cleanergy Solutions Namibia’s hydrogen project, Altenso has now surpassed the milestone of 1 gigawatt (GW) in total power delivered for hydrogen […]
continue reading
SMA solution secures grid stability in Europe’s largest battery system
A big step towards Net Zero for Great Britain. Blackhillock, Europe’s largest transmission-grid-connected battery storage system has now been successfully put into operation. In addition to the medium-voltage solution including battery inverters, SMA Solar Technology AG (SMA) has delivered innovative grid-forming solutions to the flagship project. These enable the seamless integration of renewable energy into […]
continue readingSMA Group publishes preliminary, non-audited figures for 2024 as a whole and issues guidance for the 2025 fiscal year
Sales drop by 19.7% to €1,530.0million (2023: €1,904.1million) EBITDA reduces from €311.0million to −€16.0million Earnings significantly impacted by one-time impairment on inventories and restructuring expenses Guidance for 2025: sales of €1,500million to €1,650million; EBITDA between €70million and €110million SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) has presented preliminary, non-audited figures for 2024 as a whole. […]
continue reading
Focus on transformation: Olaf Heyden joins the SMA Managing Board
The Supervisory Board of SMA Solar Technology AG (SMA) appointed Olaf Heyden as Chief Transformation Officer (CTrO), effective from February 14, 2025. The 61-year-old has been leading the group-wide restructuring and transformation program since September 2024. With this step, SMA is sustainably underscoring its desire to continue to position itself as a leading global system […]
continue reading
SMA ranks 6th in the Global 100 Index of the world’s most sustainable companies
SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) has once again improved its excellent ranking in the renowned “100 Most Sustainable Corporations in the World Index” (ticker: CKG100) in 2025. In 2024, SMA was included in the Corporate Knights‘ index for the first time and instantly secured the 10th position. In this year’s ranking, the media […]
continue reading
Sunny Central FLEX wins Top Innovation Award 2024 and is installed in a flagship project for the first time
“Battery-ready—cost-effective for project planners”: that was the assessment of pv magazine’s expert jury panel as it presented SMA with the Top Innovation Award 2024 for Sunny Central FLEX. After winning the Smarter E Award at this year’s Intersolar, this accolade marks the second significant honor for SMA’s innovative modular power plant solution. This solution aims to facilitate […]
continue readingSMA publishes figures for the first nine months of 2024, reduces its sales and earnings guidance and sets out details of restructuring and transformation program
Sales for the first nine months come in at €1,059.7 million (9m 2023: €1,337.4 million) Large Scale & Project Solutions segment has shown once again disproportionate development EBITDA of €83.5 million (9M 2023: €231.2 million) Order backlog of €1.44 billion (September 30, 2023: €2.02 billion) Strong equity ratio of 41.8% (December 31, 2023: 42.3%) Restructuring and transformation program for the entire […]
continue reading