“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 readingTen years of renewable energy projects: SMA Altenso GmbH celebrates its anniversary
SMA Altenso GmbH (Altenso) has been contributing to the energy transition over the past decade by implementing groundbreaking projects around the world. The company’s innovative solar hybrid systems, off-grid and grid-connected battery storage systems, as well as hydrogen applications promote the flexible use of renewable energies and help reduce reliance on fossil energy sources. A […]
continue readingSMA initiates company-wide restructuring and transformation program
Against the backdrop of a persistently challenging market environment, the Managing Board of SMA Solar Technology AG has decided to initiate a company-wide restructuring and transformation program aimed at increasing efficiency and strategic focusing. At the same time, the Managing Board is aiming to realise cost savings of an estimated EUR 150 to 200 million. […]
continue readingSMA Solar Technology AG Announces Restructuring and Transformation Program
Subsequent to the previous reporting on the business development of SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FSE: S92), the company announces the following: The sales development in the Home Solutions and Commercial & Industrial Solutions segments continues to be significantly influenced by persistently high inventories at distributors and installers as well as a generally very challenging […]
continue readingSMA uses innovative heat pumps to produce its climate-friendly energy supply
The new energy supply for two SMA buildings was completed just in time for the last heat wave. Modern heat pumps supply an office building, the electronics production area and the research and development area, replacing the outdated combination of a biogas combined heat and power plant and refrigeration unit. The reversible heat pumps use […]
continue readingAvailable now: The SMA eCharger uses solar energy and charges up to 50% faster
SMA brings solar energy to the streets. The new SMA eCharger for PV-optimized charging of electric vehicles is available now. It combines solar and grid power to charge electric vehicles up to 50% faster than standard wallboxes. Controlled by the Sunny Home Manager 2.0, the SMA eCharger makes efficient use of the available solar energy. Installers benefit […]
continue readingConstanze Hufenbecher newly appointed to SMA Supervisory Board
The Kassel District Court has appointed Constanze Hufenbecher, member of the shareholder’s committee and supervisory board of the Voith Group and former chief digital transformation officer on the board of Infineon, to the Supervisory Board of SMA Solar Technology AG (SMA/FWB: S92). She replaces Roland Bent as a shareholder’s representative following his decision to step […]
continue readingSMA Group reports a solid first half of 2024 in a challenging market
Sales at €759.3million compared to €778.9million in the first half of 2023 EBITDA of €80.6 million (H12023: €125.3million) Order backlog of €1.35billion (June 30, 2023: €2.45billion) Equity ratio rose slightly to 42.6% (December 31, 2023: 42.3%) Managing Board confirms revised 2024 guidance from June 18: sales of between €1,550million and €1,700million; EBITDA of between €80million and […]
continue readingSMA provides Ukrainian hospital with solar battery storage solution
Round-the-clock electricity supply: Together with the RePower Ukraine Foundation, SMA has provided a PV solution to the Brovary Multidisciplinary Clinical Hospital in Ukraine. In future, the hospital will be able to cover around half of its energy consumption with self-produced electricity. The battery storage system and integrated emergency power function guarantee that the electricity supply […]
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