SMA reaches 10 GW of installed inverter capacity in North America – growth by 33 percent

11/9/16, 11:00 AM -

SMA Solar Technology AG (SMA) has increased its installed inverter capacity in North America by 33 percent in less than a year to reach a staggering 10 GW.  The company sees its broad product portfolio with high engineering standards and strong local services as success factors.

SMA had an impressive growth of 33 percent within less than a year in North America.

 “SMA is the clear market leader in North America with a market share of 30 percent. Customers trust in SMA’s expertise and appreciate our local presence. Due to our complete product portfolio we do not have to force the customer to buy only string-inverters. Instead, we strive to find the technically best solution to lower the consumer cost of electricity,” said Pierre-Pascal Urbon, SMA Chief Executive Officer. “Since we entered North America 16 years ago, we have been committed to supporting the designers, installers, developers, owners and EPCs in this dynamic market.”

Strong operation and maintenance business

In 2000, the company launched SMA America in California as the hub for North American sales and service operations. The company quickly became the overall market leader and has consistently delivered solutions for all markets and project types. In addition to its broad portfolio of technical solutions, SMA’s recent growth as an operations and maintenance (O&M) supplier coupled with its experience as a top-ranked service organization have contributed to the achievement of 10 GW installed base milestone in North America, the company announced.

Whole range of new products

Recently SMA has seen success across the board in its residential, commercial and utility-scale business. New products, including the Sunny Central 2200-US and 2500-EV-US, the newly redesigned Sunny Boy with Secure Power Supply, and the Sunny Tripower 30000TL-US have been well-received in the market and bolstered sales, Marko Wittich, SMA Executive Vice President of Sales for the Americas region said.

SMA secured 14 percent of global PV inverter revenue in 2015 according to IHS Global PV Inverter Market ranking, but in terms of MW shipments the firm lost top spot to China's Huawei. (HCN)

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