SMA Solar (SMTGF) (SMTGY) is a leading global specialist in photo-voltaic system technology.
Figure 1 SMA’s product offering
Source: SMA
It manufactures PV inverters, battery inverters, DC technology and planning software alongside data and system efficiency operation. All of these segments are expected to boom alongside the booming solar and energy storage trends.
The product offering is SMA’s bet on the mega-trends evolving in the solar industry from decarbonization, increased complexity of energy solutions, production decentralization and digital solutions.
However, the short term outlook is not rosy as SMA's regional revenues