Published on May 30th, 2013 | by Nicholas Brown0
SMA Solar Plans To Make Inverters In South Africa To Tap Hot Market
May 30th, 2013 by Nicholas Brown
Of course, the fact that a certain brand of product is manufactured in South Africa is a good incentive for South Africans to buy it. Many of them want to support their local economy by helping to keep locally operating job creators (such as SMA Solar’s South African factory) afloat.
“South Africa has strategic importance for SMA,” Chief Executive Officer Pierre-Pascal Urbon said. “The country has good economic growth with a corresponding increase in energy demand.”
SMA Solar is a solar technology company that manufactures inverters for solar power systems, which are devices that convert the DC (direct current) electricity that solar panels generate into AC (alternating current) electricity suitable for the power grid. There is currently less competition within the solar inverter market than within the solar module market.
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