SMA Solar Technology AG - Company Profile
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Business Description
SMA Solar Technology AG (SMA) is a renewable energy company, which develops, produces, and distributes inverters, choke coils, transformers, and monitoring energy management systems for photovoltaic (PV) systems. The company also offers the operation and maintenance services and intelligent energy management solutions for photovoltaic power plants and digital services for energy supplies.
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R&D Overview
The company's R&D efforts focus on developing complete solutions for a variety of solar applications as well as integrated energy management across all segments and industries. It develops new processes, technologies, products, system solutions, and services. SMA strives to reduce the development time of innovative products. As of December 2022, the company holds the rights of 1,729 patents and 1,450 trademarks. In addition to this, 500 other patent applications were pending by the end of the year. In FY2022, it spent EUR86.8 million on R&D activities, which grew by 11.7% and was 8.1% of its revenue.
Business Segments
Overview
Focuses on global markets for commercial PV systems with and without energy management, battery storage and electric vehicle charging solutions. Offers energy management solution based on ennexOS platform, medium voltage technology, storage solutions and other accessories offering in this segment. - Major products include three-phase inverters with output range of more than 12 kW and upto 110kW. - Major brands include Sunny Highpower and Sunny Tripower product families. - It also offers services such as modernization, operation management of commercial PV systems (O&M Business) and digital services.
Performance
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Overview
Offers small PV systems and private PV systems and solutions across major photovoltaic markets the world over. - Major products include single- and three-phase string inverters with a lower output range of up to 12 kW; energy management solutions; and energy storage systems. - Major brands include Sunny Boy, Sunny Island and Sunny Tripower product families - It also offers services such as modernization of PV systems (repowering) and extended warranties and spare. Plans to increase its market share in major PV markets through new product offerings and strategic collaborations.
Performance
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Overview
Focuses on International PV power plant markets for inverters, on large scale PV and storage power plant for storage solutions. - Major products include medium and high voltage technology, central inverters with its grid services, where the inverters output ranges from 100 kW to the megawatt and accessories related to this segment. - Major brands include Sunny High power and Sunny Central product families. - It also offers services which includes such as modernization and, function enhancement of PV systems (repowering), operation and maintenance services.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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