According to foreign media reports, SMA Solar, a German inverter manufacturer, announced that it would restart the production of inverters in the United States, which is the first time that the company has returned to the U.S. manufacturing market after a decade-long shutdown.
This time, SMA Solar, a German inverter manufacturer, will cooperate with Create Energy to build a new manufacturing base in Portland, Tennessee, USA. Used to produce SMA Solar's Sunny Highpower PEAK3 string inverters and PowerSkid turnkey solutions.
According to the cooperation plan, the production of the new base is expected to be officially launched in the first quarter of 2026.
financials show that in FY2024, SMA Solar's total sales were 15.3 euros , down 19.7% year-on-year ; Earnings before interest, tax, depreciation and amortization (EBITDA) of -16 million euros ; Earnings before interest and tax (EBIT) were -93.1 million euros , while net income fell to -1.
SMA Solar , a German inverter producer, expects to continue to lose money in 2025 and take further restructuring measures.
SMA Solar expects earnings before interest, taxes, depreciation and amortization (EBITDA) to fall to a loss of 30 million to 80 million euros in fiscal year 2025. Previously, EBITDA was forecast to be 70 million to 80 million euros .
In addition, SMA Solar expects sales to decline in fiscal year 2025, from 1.5 billion to 1.55 billion euros to 14.