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 readingSales 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. […]
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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 […]
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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 […]
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“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 readingSales 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 […]
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Experts from the Fraunhofer Institute for Building Physics have prepared a life cycle assessment (LCA) for the Sunny Central UP central inverter on behalf of SMA. The study, which was conducted according to internationally recognized scientific standards and methods, examines the sustainability performance of the inverter over its entire life cycle – from raw material […]
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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 readingAgainst 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 readingSubsequent 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 […]
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