SMA Solar Technology AG has been classified as a Tier 1 PV inverter supplier for 2026 by S&P Global Energy. The designation is intended to help customers, installers, project developers and investors identify financially stable technology partners when selecting equipment for PV projects. The findings appear in the report Tier 1 Cleantech Companies – PV Inverter Suppliers: 2026 and are based on data-driven criteria covering several assessment dimensions.
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“Being recognised as a Tier 1 supplier confirms SMA’s market position and underscores our commitment to supporting customers as a reliable, long-term partner,” said Jürgen Reinert, Chief Executive Officer of SMA Solar Technology AG. “For large-scale PV projects designed to operate for decades, technology performance alone is not decisive. A manufacturer’s market position, company size and sustainability performance matter equally. S&P Global Energy’s methodology provides useful additional guidance in this regard.”
Six dimensions, four thresholds
The Tier 1 classification is not a conventional ranking. It identifies companies that meet a defined standard across a set of criteria, requiring qualifying manufacturers to exceed the specified thresholds in at least four of six assessment dimensions. SMA met the thresholds in market presence, market share, company size and sustainability. Of the 30 companies assessed, only twelve qualified.
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S&P Global Energy’s methodology draws on corporate and annual reports, regulatory filings, publicly available company information, interviews and surveys. The analysis also incorporates S&P Global’s sustainability assessment and its RiskGauge tool, used to evaluate financial performance. (hcn)