30 Mar '16, 4pm

SMA Solar struggling to increase revenue amid market share and ASP declines - PV-Tech

SMA Solar posted full-year 2015 financial results with revenue as expected of close to €1 billion (€999.6 million) retaining its leadership position from a revenue perspective. Huawei and Sungrow were ranked behind SMA Solar on revenue by GTM Research. Major PV inverter manufacturer SMA Solar Technology continues to lose market share by shipments, according to the latest research report from GTM Research. SMA Solar was ranked third largest PV inverter manufacturer in 2015, the first time it has dropped from leading the market. Two China-based inverter suppliers, Huawei and Sungrow finally surpassed SMA Solar in 2015, primarily due to their strong leadership position in the largest market, China, while SMA Solar’s presence remains limited via its China-based subsidiary Zeversolar. SMA Solar was ranked third largest PV inverter manufacturer in 2015, the first time it has dro...

Full article: http://www.pv-tech.org/news/sma-solar-struggling-to-incre...

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