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.

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 America has expanded its partnership with long-standing collaborator CEP for the domestic integration of SMA’s Medium Voltage Power Station (MVPS) ...

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 ...

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 ...

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 ...

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 ...

ROCKLIN, Calif.--(BUSINESS WIRE)--SMA Solar Technology AG, parent company of U.S. subsidiary SMA America, Inc., has announced the opening of its 193,000 square foot solar inverter factory in Kassel, ...

SMA is one of the world’s leading manufacturers of inverters for photovoltaic systems, so they stepped up to the challenge of building a world-class solar-powered training facility in Niestetal, ...