Germany-based SMA Solar is to acquire Danfoss’ solar inverter business. Danfoss will acquire 20% of SMA’s shares with a value of €302 million (US$415 million) in return for selling its inverter unit.

For full-year 2025, SMA Solar reported sales of €1,516.0 million, down 0.9% from €1,530.0 million in 2024. Operating EBITDA before one-time items reached €106.6 million, compared to €147.5 million in ...

SMA shares jumped 7.41% to €44.42 by 1030 on Wednesday in Frankfurt in a declining overall market. “The strategic alliance with Danfoss strengthens SMA’sleading position in the global photovoltaic ...

SMA America introduced two new hybrid inverters for residential solar projects with larger solar capacity. The Sunny Boy Smart Energy inverters include a 9.6 kW and an 11.5 kW model. The DC-coupled ...

Major PV inverter manufacturer SMA Solar Technology has announced that it has reclaimed the leadership position in the US commercial market segment, accounting for over 26% of market share, according ...

Germany's SMA Solar grew at a blistering pace in the third quarter, doubling its revenues to a record-smashing €627m ($859.9m) as it continues to dominate the global inverter market. Kassel-based SMA ...

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), the creator of the world’s first operating system for artificial intelligence, aiWARE™, today announced development of a new device learning ...

SMA Canada has announced it will provide operations and maintenance services for the 100-MW Grand Renewable Solar project in Haldimand County, Ontario, Canada. SMA Service will assume operational ...

SMA Solar Technology delivered strong financial results for fiscal year 2023, with group sales growing 79% and net income quadrupling. The company's large scale projects segment showed particularly ...

Getting your Trinity Audio player ready... SMA Solar Technology AG, the world’s largest maker of solar inverters, said Monday that it will locate its first manufacturing plant outside of Germany in ...