German solar inverter manufacturer SMA Solar will cut 350 jobs in 2026 as it adapts to the “weak” residential PV market. SMA will scrap 300 jobs in Germany and 50 internationally over the course of ...
SMA Solar Technology AG has launched a “group-wide restructuring and transformation program.” The board hopes to achieve cost savings of an estimated €150 million to €200 million. “With the ...
German inverter and battery manufacturer SMA Solar Technology AG has unveiled a modular lithium iron phosphate battery system for commercial and industrial applications, with capacities ranging from ...
SMA Solar plans to cut costs of €150-200 million (US$168-224 million). Image: SMA Solar. German solar inverter manufacturer SMA Solar has announced plans to conduct a “company-wide restructuring and ...
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 ...
After stellar financial results in 2023, SMA Solar shares are down almost 90% from their peak in June 2023 and 80% YTD. The company achieved record revenue and profit quadrupled in 2023, but guidance ...
June 19 (Reuters) - Shares in German solar power parts supplier SMA Solar Technology AG (S92G.DE), opens new tab plunged by 31.7% on Wednesday after it cut its profit guidance on Tuesday night, citing ...
(RTTNews) - SMA Solar Technology AG (SMTGF.PK), a German solar energy equipment supplier, reported Thursday that its first-half net income declined to 44.1 million euros from last year's 103.5 million ...
SMA Solar Technology AG engages in the development, production and sale of solar inverters and monitoring systems for solar power systems. It operates its business through the following segments: ...
FRANKFURT, June 18 (Reuters) - SMA Solar Technology, which makes inverters that transform solar panel energy into electricity for the power grid, aims to raise up to 150 million euros ($232.1 million) ...
SMA Solar Technology AG engages in the development, production and sale of solar inverters and monitoring systems for solar power systems. It operates its business through the following segments: ...
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