Investing in production in the U.S. SMA Inverter

Investing in production in the U.S. SMA Inverter
Plant construction SMA Group has signed an agreement, according to SMA, said it was "the nation's largest photovoltaic inverter manufacturing plant." SMA has been with the local land use and building long-term agreement was signed, in addition, for the local factory location, so he began negotiations.
SMA Group will be in Denver (Colorado) Construction of the first German production plant outside the inverter.
The plant annual capacity is approximately 1GW, scheduled for mid-2010 production, estimated investment of about 15 million U.S. dollars. The United States SMA new plant will produce new products to supply the North American market, product line for the Sunny Boy, Sunny Central and Sunny Island.
Plant construction SMA Group has signed an agreement, according to SMA, said it was "the nation's largest photovoltaic inverter manufacturing plant." SMA has been with the local land use and building long-term agreement was signed, in addition, for the local factory location, so he began negotiations.
"Medium-term view, we expect the U.S. market will become the world's largest solar market." SMA Solar Technology, Inc. Chief Executive Officer Günther Cramer said, "the construction of the new Denver facility, SMA will reduce the transportation and temporary storage costs, and currency exchange rate risk . "
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