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.

LOS GATOS, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc., pioneer of the smart modular Flex MLPE, today announced the new Underwriter Laboratories (UL) certification of its TS4 Platform Rapid Shutdown ...

"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 ...

The German inverter giant says its latest central inverter offering has a capacity of 4.6 MW and offers the ability to connect AC and DC battery storage systems. At Renewable Energy India Expo 2018, ...

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 ...

Major PV inverter manufacturer SMA Solar Technology has announced that it has reclaimed the leadership position in the US commercial market segment, accounting for over 26% of market share, according ...

SEATTLE--(BUSINESS WIRE)--APsystems welcomes SMA to its growing network of inverter manufacturers compatible with its APsmart brand of Sunspec standard-compliant Photovoltaic Rapid Shutdown Equipment ...

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 ...

ROCKLIN, Calif., November 14, 2017—SMA today announced that 13 Sunny Central Storage inverters are being used in the Los Angeles Department of Water and Power’s (LADWP) Beacon Energy Storage System, a ...

Intense price pressure is driving consolidation in the global solar inverter industry, with the top 10 suppliers now controlling an 80% share of the market, the highest level in years, according to ...