PV industry: the leading SMA power inverter continues unabated development

PV industry: the leading SMA power inverter continues unabated development




SMA Solar fiscal 2009 results show, the year the company achieved sales of photovoltaic inverters 3,400 megawatts, about the world inverter for 40% of the total sales volume, sales revenue of 934.3 million euros, pre-tax income of 2.284 100 million euros, 1.3 euros per share net income. The company expects fiscal 2010 sales will reach 1.1 to 1.3 billion euros.



Investment adviser in the latest release of "2010-2015 China's investment in solar photovoltaic equipment market analysis and prospects report" shows that, as at the end of 2008, SMA Solar has a global installed capacity of more than 5.7GW, only the exchange of installed capacity in 2008 is to achieve 2.2GW. In addition, SMA 2008, creating up to 682 million euros of sales, for several years maintained a growth rate of more than 100%, and in the next few years will continue to maintain strong growth.



Investment adviser in the energy industry's chief researcher Jiang Qian pointed out that in 2009 the overall trend of the global PV industry can be summed up with Xianyihouyang, the entire first half of the serious impact of the financial crisis, industry boom of the very bleak indeed. Into the second half, with the gradual warming of the global economy, coupled with strong national government policies to promote solar energy starting to prove the pulling effect, photovoltaic industry showed some recovery situation.



Jiang Qian pointed out that the whole, the global PV market growth in 2009 slowed down considerably, which led from upstream polysilicon business, to the downstream components of the operating companies have been significantly affected. But as the industry leading photovoltaic inverter SMA did not affect the operation, which is higher in the areas of technical barriers to trade caused by high concentration inseparable. Data indicate that the current global PV Inverter SMA holds more than 40% market share in the global number two Kaco New Energy Co., Ltd., compared with 30% market share, only the two leading enterprises more than 70% market share.



From the view of the market outlook, SMA Solar's market share is also expected to continue improving. One of the important confidence comes from, SMA in Denver, Colorado capital building's first overseas production plant inverter will be put into production mid-2010, after which the base is completed, SMA production plant in the United States inverter output will reach about 1GW, and set aside space for future expansion.



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