SMA to build 3.5 GW inverter factory in US
14 December 2023
German inverter maker SMA Solar Technology AG plans to build an inverter factory at an unspecified location in the United States.
The company said the new manufacturing facility will use production equipment that was originally intended for its production site in Thalheim, Germany.
The factory will likely be operational in 2025 and will have an annual capacity of 3.5 GW.
Discussions are currently underway “with several federal states and potential partners to find the most strategically advantageous production location and the right approach,” the company said, noting that up to 200 new jobs will be created in the first three years.
“The US is a key market for SMA, and the Inflation Reduction Act (IRA) offers an extraordinary opportunity for long-term growth,” said CEO Jürgen Reinert. “With this step, we will significantly strengthen our market share in the USA and set the course for SMA’s future growth.”
SMA is also pushing ahead with capacity expansion in Germany, where it plans to reach 40 GW. It said it wants to produce solutions for large PV projects and storage systems from 2025 at its Niestetal site, for use in global markets.
Related
-
Gamuda to develop 600MW wind and solar with BESS in Tasmania
4 July 2025
-
Hidroelectrica awards EUR 9.5 mln floating photovoltaic system in Romania
3 July 2025
-
Zijin Mining to acquire Kazakhstan gold mine for $1.2bn
3 July 2025
-
Consortium wins Egypt desalination plant EPC contract
3 July 2025
-
Mozambique Grants Zambia Land for Dry Port Project in Nacala
2 July 2025
-
Madagascar signs deal to develop 50 MW of solar with 25 MWh of storage
2 July 2025