As Australia moves towards net-zero emissions and ramps up the deployment of solar and wind power, battery energy storage systems (BESS) offer several key benefits. The Australian renewable energy developer Avenis Energy has now agreed heads of terms with SMA Altenso, an international system integrator and wholly owned subsidiary of SMA Solar Technology (SMA), as […]
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SMA Home Storage Solution claims top spot in HTW Berlin’s energy storage inspection
The SMA Home Storage Solution ranks among the most efficient home energy storage systems on the market. During the most recent energy storage inspection at the Berlin University of Applied Sciences (HTW), the SMA system in the up-to-5 kW power class achieved a System Performance Index (SPI) of 92.8%. This achievement positions SMA at the top of […]
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SMA awarded contract for large-scale 4-hour battery storage project in Chile
One of the largest battery storage projects in South America is being built in the Chilean Atacama desert. It complements the existing 220 MW PV power plant Diego de Almagro Sur operated by the electric utility company Colbún S.A. Since 2022, the plant has been supplying the region with solar power using SMA technology. This is now […]
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SMA Annual General Meeting grants discharge to the Managing Board and Supervisory Board Change to the Supervisory Board
As a leading global specialist in photovoltaic and storage system technology, the SMA Group is setting the standards today for the decentralized and renewable energy supply of tomorrow. SMA’s portfolio contains a wide range of efficient PV and battery inverters, holistic system solutions for PV and battery-storage systems of all power classes, intelligent energy management […]
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SMA plans local final assembly of system solutions for large-scale solar and storage projects in the US
SMA Solar Technology AG (SMA) announced that it will begin local final assembly of its Medium Voltage Power Station (MVPS) in the United States. This compact system combines a central or battery inverter with a transformer and medium-voltage switchgear and is used in large-scale solar and storage projects. By integrating the system domestically, SMA is […]
continue readingSMA Group kicks off 2025 fiscal year in line with expectations
As expected, sales of €327.7million below the previous year (Q12024: €361.8million) EBITDA of €24.6million[1] (Q12024: €49.9million[2]) Order backlog as of March 31, 2025, at €1.3billion (March 31,2024: €1.5billion) Due to the deterioration of the macroeconomic environment and increased uncertainties caused by volatile tariff policies, the Managing Board expects sales and EBITDA to be in the lower […]
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Change in SMA’s Managing Board
Barbara Gregor, Board Member for Finance and Legal at SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92), has agreed with the Supervisory Board at her own request and by mutual agreement to end her position as a member of the Managing Board of SMA Solar Technology AG prematurely as of April 30, 2025, to take on […]
continue readingSMA Solar Technology AG: Member of the Managing Board and CFO Barbara Gregor will terminate her contract prematurely
Barbara Gregor, Board Member for Finance and Legal of SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92), has agreed with the Supervisory Board, at her own request and by mutual consent, to prematurely terminate her position as a member of the Managing Board of SMA Solar Technology AG as of April 30, 2025, to take on […]
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Cutting costs, protecting resources: at Intersolar Europe 2025, SMA demonstrates how renewable energies can be used more intelligently
The leading global specialist for photovoltaic system technology will present innovative solutions for the efficient use of renewable energies to cut costs and conserve resources. Visitors will learn how the Home Storage Solution for homes with Sunny Boy Smart Energy, the modular battery and hybrid inverter, enables a reliable supply of solar power while optimizing […]
continue readingSMA Group: Business development in 2024 influenced by challenging market environment and one-time items from restructuring and transformation program
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 […]
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