SMA Solar Technology AG - Company Profile
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SMA Solar Technology AG (SMA) is a renewable energy equipment company. The company develops, produces, and distributes photovoltaic inverters, choke coils, transformers, and monitoring and energy management systems for PV systems. It also offers intelligent energy management system and digital services, as well as solar power plant operation and maintenance. It serves customers in South America, Asia Pacific, North America, Europe, the Middle East, and Africa. Its R&D efforts focus on developing complete system solutions and digital business models. The company has production sites in Germany and China, and electromagnetic components center in Poland. SMA is headquartered in Niestetal, Hessen, Germany.
Headquarters
Germany
Address
Sonnenallee 1, Niestetal, Hessen, 34266
Website
www.sma.de
Telephone
49 561 95220
No of Employees
4,168
Industry
Alternative Energy
Ticker Symbol & Exchange
S92 (ETR)
Revenue (2022)
$1.1B
EPS
XYZ
Market Cap*
$1.7B
Net Profit Margin (2022)
XYZ
322.0%
* As of and is in US$
SMA Solar Technology AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Solar Inverters | Installation of Renewable Energy Equipment | Sunny Tripower |
| Battery Inverters | Commissioning of Renewable Energy Equipment | Sunny Highpower |
| Medium Voltage Stations | Operation and Fault Analysis | Solid-Q |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In December, the company announced its plans to build a new production site in the US. |
| 2023 | Plans/Strategy | In November, the company announced its plans to add another 100 charging points. |
| 2023 | New Products/Services | In September, SMA India unveiled the Sunny Tripower Core2 110KW to the Indian market. |
Competitor Comparison
| Key Parameters | SMA Solar Technology AG | Sungrow Power Supply Co Ltd | Enphase Energy Inc | Advanced Energy Industries Inc | Tigo Energy Inc |
|---|---|---|---|---|---|
| Headquarters | Germany | China | United States of America | United States of America | United States of America |
| City | Niestetal | Hefei | Fremont | Denver | Newport Beach |
| State/Province | Hessen | Anhui | California | Colorado | California |
| No. of Employees | 4,168 | 9,239 | 3,157 | 10,000 | 182 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jurgen Reinert | Chairman; Chief Executive Officer - Strategy, Sales and Services, Operations and Technology | Executive Board | 2018 | 55 |
| Uwe Klienkauf | Chairman | Executive Board | - | - |
| Kim Fausing | Deputy Chairman | Executive Board | 2015 | 58 |
| Barbara Gregor | Head - Finance & Legal | Senior Management | 2022 | 53 |
| Alexa Hergenroether | Director | Non Executive Board | 2016 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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