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Shaping the Future: SMA enhances storage solutions portfolio with powerful battery inverter Sunny Central Storage UP-S
Staying competitive as an operator of large-scale storage systems in the rapidly evolving energy market: SMA Solar Technology AG (SMA) expands its large-scale storage solutions portfolio with the new Sunny Central Storage UP-S battery inverter. Featuring silicon carbide (SiC) MOSFET* technology, it offers superior power conversion efficiency and grid-forming capabilities for large-scale energy storage projects. Following a successful launch in Australia, this innovative SMA solution is now available across Europe and the US. “Our storage solutions enhance system performance and support grid stabilization, playing a key role in building a more resilient and sustainable energy future,” said Joshua Birmingham, Head of Sales & Markets – Large Scale at SMA. “Since…
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Namibia project achieves gigawatt milestone in hydrogen technology for the subsidiary company SMA Altenso
SMA Altenso (Altenso), a subsidiary of SMA Solar Technology AG (SMA), is driving the flexible use of renewable energies forward with innovative projects worldwide. Following the successful delivery and installation of SMA inverter technology for Cleanergy Solutions Namibia’s hydrogen project, Altenso has now surpassed the milestone of 1 gigawatt (GW) in total power delivered for hydrogen applications. The current project integrates photovoltaics, battery storage, and hydrogen production, underscoring Altenso’s strategic focus as a global pioneer in sustainable energy supply. "We are proud of this gigawatt milestone and of more than 80 successfully implemented hydrogen projects, which mostly produce green hydrogen using PV and wind energy," said Dr. Jens Eiko Birkholz, Head…
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SMA solution secures grid stability in Europe’s largest battery system
A big step towards Net Zero for Great Britain. Blackhillock, Europe’s largest transmission-grid-connected battery storage system has now been successfully put into operation. In addition to the medium-voltage solution including battery inverters, SMA Solar Technology AG (SMA) has delivered innovative grid-forming solutions to the flagship project. These enable the seamless integration of renewable energy into the Scottish power grid and ensure its stability. The Blackhillock battery storage system was built by Wärtsilä for the operator Zenobē and is launching in two phases. Phase 1 comprises of 200MW, followed by a further 100MW in 2026, making a total of 300MW/600MWh. “With our innovative energy storage solutions, we are setting new standards…
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SMA Group publishes preliminary, non-audited figures for 2024 as a whole and issues guidance for the 2025 fiscal year
Sales drop by 19.7% to €1,530.0million (2023: €1,904.1million) EBITDA reduces from €311.0million to −€16.0million Earnings significantly impacted by one-time impairment on inventories and restructuring expenses Guidance for 2025: sales of €1,500million to €1,650million; EBITDA between €70million and €110million SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) has presented preliminary, non-audited figures for 2024 as a whole. On a year-over-year basis, the SMA Group’s sales fell by 19.7% to €1,530.0 million (2023: €1,904.1 million). EBITDA amounted to −€16.0 million[1] and was thus significantly below the previous year’s level (2023: €311.0 million). This corresponds to an EBITDA margin of −1.0% (2023: 16.3%). The reasons for this development were, among other things, lower fixed cost degression due…
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Focus on transformation: Olaf Heyden joins the SMA Managing Board
The Supervisory Board of SMA Solar Technology AG (SMA) appointed Olaf Heyden as Chief Transformation Officer (CTrO), effective from February 14, 2025. The 61-year-old has been leading the group-wide restructuring and transformation program since September 2024. With this step, SMA is sustainably underscoring its desire to continue to position itself as a leading global system and solution provider and is thus responding to the ongoing challenges of the market. The internationally experienced manager, who was responsible for Diebold Nixdorf’s day-to-day business before joining SMA, will hold the position for a fixed period until the second quarter of 2026 and will also take on the role of Chief Operating Officer (COO)…
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SMA ranks 6th in the Global 100 Index of the world’s most sustainable companies
SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) has once again improved its excellent ranking in the renowned “100 Most Sustainable Corporations in the World Index” (ticker: CKG100) in 2025. In 2024, SMA was included in the Corporate Knights‘ index for the first time and instantly secured the 10th position. In this year’s ranking, the media and research company specializing in sustainability has ranked SMA 6th in the index of the most sustainable companies worldwide. SMA stands out as the top performer in the Corporate Knights peer group, the sector and the industry. Corporate Knights compiles the Global 100 Index every year based on comprehensive research into the sustainability performance of…
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Sunny Central FLEX wins Top Innovation Award 2024 and is installed in a flagship project for the first time
“Battery-ready—cost-effective for project planners”: that was the assessment of pv magazine’s expert jury panel as it presented SMA with the Top Innovation Award 2024 for Sunny Central FLEX. After winning the Smarter E Award at this year’s Intersolar, this accolade marks the second significant honor for SMA’s innovative modular power plant solution. This solution aims to facilitate the integration of PV, battery, and hydrogen applications into large-scale projects, offering planners greater cost-efficiency. Sunny Central FLEX has now been successfully installed for the first time in a regional flagship project for renewable energies. "This award is a significant validation of our efforts and demonstrates that we are on the right track with Sunny Central FLEX…
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SMA publishes figures for the first nine months of 2024, reduces its sales and earnings guidance and sets out details of restructuring and transformation program
Sales for the first nine months come in at €1,059.7 million (9m 2023: €1,337.4 million) Large Scale & Project Solutions segment has shown once again disproportionate development EBITDA of €83.5 million (9M 2023: €231.2 million) Order backlog of €1.44 billion (September 30, 2023: €2.02 billion) Strong equity ratio of 41.8% (December 31, 2023: 42.3%) Restructuring and transformation program for the entire group initiated The Managing Board adjusts the full-year guidance: sales of between €1,450 million to €1,500 million; EBITDA of between -€20 million to €20 million As expected, sales and earnings for SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) have been lower in the first nine months of 2024 compared with the previous year. Group sales reached €1,059.7 million compared with…
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Life cycle assessment makes Sunny Central UP’s sustainability performance transparent
Experts from the Fraunhofer Institute for Building Physics have prepared a life cycle assessment (LCA) for the Sunny Central UP central inverter on behalf of SMA. The study, which was conducted according to internationally recognized scientific standards and methods, examines the sustainability performance of the inverter over its entire life cycle – from raw material extraction to the end of the product’s life. The LCA was independently certified by DEKRA Assurance Services GmbH. Comparison of analyses enables optimization of sustainability performance “We want to provide our customers with comprehensive and scientifically sound information on the environmental impact of our products over their entire life cycle,” said Anna-Lisa Sas, Sustainability Engineer…
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Ten years of renewable energy projects: SMA Altenso GmbH celebrates its anniversary
SMA Altenso GmbH (Altenso) has been contributing to the energy transition over the past decade by implementing groundbreaking projects around the world. The company’s innovative solar hybrid systems, off-grid and grid-connected battery storage systems, as well as hydrogen applications promote the flexible use of renewable energies and help reduce reliance on fossil energy sources. A wholly owned subsidiary of SMA Solar Technology AG (SMA), Altenso has experienced substantial growth over the last five years in particular to become a leading international system integrator. Altenso is now laying the groundwork for further growth by stepping up its focus on project development. “I’m very proud of how far Altenso has come,” said…
