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.

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 ...

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 Solar Technology AG (ETR:S92G) on Tuesday reported preliminary fourth-quarter results that exceeded revenue expectations while delivering in-line profitability, though the company’s unusually wide ...

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 Solar Technology achieved 78.64% revenue growth in FY23 but faced a 73.55% YTD market price collapse in FY24 due to oversupply from Chinese manufacturers. Despite market challenges, SMA's Large ...

Major PV inverter manufacturer, SMA Solar Technology surprised with better than guided 2019 financial results as a surge in shipments and sales took place in the second half of the year. Having ...

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 ...

Leading solar inverter suppliers SMA and SolarEdge recently reported strong profits in their latest earning calls, but the United States remains their key market and key source of recent financial ...