SMA Solar Plans To Make Inverters In South Africa To Tap Hot Market

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

sma-logoSMA Solar Technology AG, which you might be surprised is Germany’s biggest solar company by market value, has decided to start manufacturing inverters in South Africa to tap that market.

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.


Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Latest CleanTechnica TV Video


I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
 
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
 
Thank you!

Advertisement
 
CleanTechnica uses affiliate links. See our policy here.

Nicholas Brown

Has a keen interest in physics-intensive topics such as electricity generation, refrigeration and air conditioning technology, energy storage, and geography. His website is: Kompulsa.com.

Nicholas Brown has 594 posts and counting. See all posts by Nicholas Brown