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Change in SMA’s Managing Board
Barbara Gregor, Board Member for Finance and Legal at SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92), has agreed with the Supervisory Board at her own request and by mutual agreement to end her position as a member of the Managing Board of SMA Solar Technology AG prematurely as of April 30, 2025, to take on new professional challenges. The Supervisory Board has appointed Dr. Kaveh Rouhi, currently Senior Vice President Finance & Controlling at SMA, as her successor with effect from May 1, 2025. Barbara Gregor has been Board Member for Finance and Legal since December 2022. She was responsible for Accounting & Taxes, Finance & Real Estate Management (CREM),…
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SMA Solar Technology AG: Member of the Managing Board and CFO Barbara Gregor will terminate her contract prematurely
Barbara Gregor, Board Member for Finance and Legal of SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92), has agreed with the Supervisory Board, at her own request and by mutual consent, to prematurely terminate her position as a member of the Managing Board of SMA Solar Technology AG as of April 30, 2025, to take on new professional challenges. The Supervisory Board has appointed Dr. Kaveh Rouhi as her successor with effect from May 1, 2025. Firmenkontakt und Herausgeber der Meldung: SMA Solar Technology AG Sonnenallee 1 34266 Niestetal Telefon: +49 (561) 9522-0 Telefax: +49 (561) 9522-100 http://www.sma.de/ Ansprechpartner: Viona Brandt Investor Relations Telefon: +49 (175) 9393-320 E-Mail: viona.brandt@sma.de Weiterführende Links…
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Cutting costs, protecting resources: at Intersolar Europe 2025, SMA demonstrates how renewable energies can be used more intelligently
The leading global specialist for photovoltaic system technology will present innovative solutions for the efficient use of renewable energies to cut costs and conserve resources. Visitors will learn how the Home Storage Solution for homes with Sunny Boy Smart Energy, the modular battery and hybrid inverter, enables a reliable supply of solar power while optimizing self-consumption. They can also find out more about the dynamic electricity tariff StromWallet Dynamic Pro in cooperation with LichtBlick. SMA experts will be on site to introduce the latest energy management functions to companies and businesses. These new features help to avoid load peaks and lower operating costs. The experts from SMA will also present…
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SMA Group: Business development in 2024 influenced by challenging market environment and one-time items from restructuring and transformation program
Group sales at €1,530.0 million significantly below the previous year (2023: €1,904.1 million) EBITDA decreases from €311.0million to −€16.0million Earnings significantly impacted by one-time inventory devaluations 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) confirms preliminary figures for 2024 as a whole and guidance for 2025 published on March 5, 2025. In the 2024 fiscal year, consolidated sales decreased by 19.7% to €1,530.0 million (2023: €1,904.1 million). The gross margin was down significantly year on year at 16.5% (2023: 29.4%), driven in particular by lower profitability in the segments Home Solutions and Commercial & Industrial Solutions,[1] as well as…
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SMA Altenso and RheinEnergie codeveloping battery storage system projects
The market for battery storage systems is growing at pace, with experts predicting Germany’s installed storage capacity to reach as much as 8.6 gigawatt hours (GWh) by 2026. RheinEnergie and SMA Altenso are joining forces with the aim of gaining a foothold in this segment and rapidly expanding storage infrastructure. By entering into a strategic partnership, the Cologne-based power supply and service company and the international system integrators from Kassel/Niestetal are looking to realize projects with a total output of several hundred megawatts (MW). The partners’ first joint project is a large-scale battery energy storage system (BESS) with a usable capacity of 64 MWh and output of 24.5 MW that is…
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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)…
