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SMA Solar Revises Annual Earnings Forecast For 2022 – EQ Mag Pro

SMA Solar has offered an upward revision to its annual forecast for 2022 citing increase in incoming orders and improving supply of electronic components The supply situation for electronic components is expected by the management to further improve by the end of the year Product related order backlog at the end of September 2022 had […]

Renewables.org, technology company Dyme Ink Clean Energy deal in India – EQ

SMA Solar to double manufacturing capacity to 40 GW by 2024 – EQ Mag Pro

Photovoltaic (PV) inverters maker SMA Solar Technology AG (ETR: S92) is planning to construct a new gigawatt factory and increase the production capacity at its German headquarters to virtually 40 GW by 2024 amid projections for growth in the green power sector. The German manufacturer will build the new production facilities on a location of […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ

The Management Board of SMA Solar Technology AG forecasts significant revenue and earnings growth for the months to come in the first half of the year, as anticipated to be subdued

Sold inverter power with 4.0 GW below previous year’s level (H1 2018: 4.3 GW) Sales of 362.7 million euros (H1 2018: 394.6 million euros) and operating earnings before depreciation, interest and taxes (EBITDA) of 8.5 million euros (H1 2018: 40.9 million euros) Balance sheet stability thanks to solid equity ratio of 41.9 percent (December 31, […]

Powering Your Fridge Off-Grid: Solar, Batteries, and Energy Efficiency – EQ