sma-solar

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Strong Inverter Sales Drive SMA Solar’s Revenue Growth in 2023

Germany-based solar energy equipment supplier SMA Solar Technology reported a 79% jump in its 2023 revenue on the back of strong inverter sales. The company’s...

March 28, 2024

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Staff

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Finance and M&A
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Daily News Wrap-Up: Solar Accounts for 16% of Total Installed Power Capacity in Q3

Solar power accounted for 16.44% of the total installed power capacity and 39.4% of the total installed renewable capacity in Q3 of 2023, marginally up from 15.9% and 38....

November 13, 2023

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Mercom Staff

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Daily Wrap-up
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SMA Solar’s Q3 Net Income Soars to $82 Million, Up 256% YoY

Germany-based solar energy equipment supplier SMA Solar Technology reported a net income of €76.94 million (~$82 million) during the third quarter (Q3) of 2023, a...

November 10, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daily News Wrap-Up: UERC Extends Solar Tariff for MSSY Projects by Three More Years

The Uttarakhand Electricity Regulatory Commission has extended the existing generic tariff of ₹4.64 (~$0.55)/kWh for the financial year 2023-24 for solar power projects...

August 18, 2023

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Mercom Staff

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Daily Wrap-up
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Increased Sales Push SMA Solar’s Net Income to $56 Million in Q2 2023

Germany-based solar energy equipment supplier SMA Solar Technology reported a net income of €51.79 million (~$56.46 million) in the second quarter (Q2) of 2023, a vast...

August 17, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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SMA Solar’s 9M Net Income Fell 29% on Large-Scale Project Delays

Germany-based solar equipment manufacturer SMA Solar Technology recorded a net income of €11 million (~$11.38 million) in the first nine months (9M) of 2022, a...

November 15, 2022

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Arjun Joshi

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Other

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Renewable Energy
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SMA Solar Has Sold Over 3 GW of Solar Inverters in India

SMA Solar has announced that it has sold over 3 GW of solar inverters in India cumulatively including more than 1 GW in 2017 into all market segments. SMA inverter sales...

December 7, 2017

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Priya Sanjay

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Inverters & BOS

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Solar
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Top Five Inverter Manufacturers Accounted for Over 70 Percent of the Indian Solar Market as of Q2 2017

As of Q2 2017, the top five solar inverter manufacturers accounted for over 70 percent of India’s solar inverter market, led by ABB India with a 20 percent market share...

September 14, 2017

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Priya Sanjay

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Inverters & BOS

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Solar
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Top Eight Inverter Manufacturers Account for 96 Percent of India’s Solar Inverter Market

The top eight inverter manufacturers account for 96 percent of solar inverter market in India, led by ABB with 22 percent, followed by SMA Solar with 18 percent. To date,...

January 12, 2017

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Wendy Prabhu

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Inverters & BOS

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Solar

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