{"id":72286,"date":"2023-03-13T05:30:29","date_gmt":"2023-03-12T19:00:29","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=72286"},"modified":"2024-08-27T13:21:21","modified_gmt":"2024-08-27T03:51:21","slug":"sma-inverter-outlook-mb2856","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/sma-inverter-outlook-mb2856\/","title":{"rendered":"SMA Has High Hopes For 2023"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-72287\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/sma-inverter-outlook.png\" alt=\"SMA solar inverters\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/sma-inverter-outlook.png 1200w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/sma-inverter-outlook-300x158.png 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/sma-inverter-outlook-1024x538.png 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/sma-inverter-outlook-768x403.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Germany-based inverter manufacturer SMA Solar Technology AG saw a significant boost in sales last year and is anticipating more of the same in 2023.<!--more--><\/p>\n<p>The company published provisional, non-audited figures for the 2022 calendar year last week indicating sales of \u20ac1,065.9 million compared to \u20ac983.4 million in 2021 (up 8.4%).<\/p>\n<p>While sales figures may have been up, total inverter capacity sold was down &#8211; 12.2 GW in 2022 compared to 13.6GW in 2021, and 14.4GW in 2020. All up, SMA has shipped more than 110 GW of solar inverter capacity since it was founded. This is much less than some of its younger competitors such as Sungrow, which had racked up 269 GW to the end of June last year.<\/p>\n<p>SMA CEO J\u00fcrgen Reinert described last year as a turbulent but successful one for the company.<\/p>\n<blockquote><p>&#8220;The gradually higher availability of electronic components helped us make considerable progress in improving our ability to deliver in the second half of the year.&#8221;<\/p><\/blockquote>\n<p>A shortage of computer chips and other electronic bits began in 2020, affecting many manufacturers of high-tech kit &#8211; including those in the solar industry. And it&#8217;s not over yet. While SMA is looking at 2023 with optimism:<\/p>\n<blockquote><p>&#8220;.. we have not yet fully overcome the challenges on the procurement side caused by ongoing supply problems with individual components,&#8221; <a href=\"https:\/\/www.sma.de\/en\/investor-relations\/corporate-news\/detail\/eqs-news-sma-solar-technology-ag-significantly-increases-sales-and-earnings-in-2022-despite-supply-shortages-and-expects-positive-trend-for-2023\">said Mr. Reinert<\/a>.<\/p><\/blockquote>\n<p>SMA&#8217;s Board is anticipating sales of \u20ac1,350 million to \u20ac1,500 million this year. The company didn&#8217;t provide an inverter shipment estimate.<\/p>\n<h2>The Battle For Hearts And Minds Rages On<\/h2>\n<p>It&#8217;s not just component availability that has been a challenge for SMA. Mr. Reinert noted:<\/p>\n<blockquote><p>&#8220;We have also worked systematically on making the company more customer-focused in recent months.&#8221;<\/p><\/blockquote>\n<p>Whether that referred to wholesalers, installer customers, end consumers or all three groups wasn&#8217;t clear.<\/p>\n<p>If the SolarQuotes Installer Choice Awards for <a href=\"https:\/\/www.solarquotes.com.au\/blog\/best-solar-inverters-2023\/\">2023 (Best Solar Inverters)<\/a> are anything to go by, SMA has some work to do on this front among installers of small-scale systems in Australia. The company wasn&#8217;t on the podium for either best overall inverters, best value inverters or best after-sales support this year.<\/p>\n<p>In the 2023 awards Best Support category, SMA trailed behind Fronius, Sungrow, Enphase, GoodWe, SolarEdge and Huawei in installer voting. SMA is at the premium end of inverter manufacturing and the fact brands more toward the mid-range and budget end of the spectrum such as Sungrow and GoodWe were ahead should give SMA some pause for thought.<\/p>\n<p>But better documentation, tech and warranty support is generally on the wish- lists of <a href=\"https:\/\/www.solarquotes.com.au\/blog\/solar-inverter-installer-wishlist\/\">what installers want from solar inverters<\/a>, and SQ&#8217;s Anthony has noted in regard to SMA&#8217;s warranty support:<\/p>\n<blockquote><p>&#8220;From the few times I\u2019ve had to use it, the process of getting an RA, getting a unit shipped and swapping it over to freight the dead one back is seamless.&#8221;<\/p><\/blockquote>\n<p>SMA inverter products are in wide use in Australia; utilised in everything from small-scale PV systems to utility-scale solar farms. Based on <a href=\"https:\/\/www.solarquotes.com.au\/inverters\/sma-review.html\">SMA inverter reviews<\/a> here on SolarQuotes, Australian end-users are generally pretty pleased with the inverters. The brand has scored an average 4.6- star rating overall and 4.6 stars over the last 12 months.<\/p>\n<p>SMA is currently listed on SQ&#8217;s <a href=\"https:\/\/www.solarquotes.com.au\/inverters\/#recommended-brands\">recommended inverter brands<\/a> chart. You can compare specs\/estimated pricing of some of the company&#8217;s inverters with other brands on our <a href=\"https:\/\/www.solarquotes.com.au\/inverters\/#compare\">solar inverter comparison<\/a> table.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Germany-based inverter manufacturer SMA Solar Technology AG saw a significant boost in sales last year and is anticipating more of the same in 2023.<\/p>\n","protected":false},"author":17,"featured_media":72287,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-72286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SMA Has High Hopes For 2023<\/title>\n<meta name=\"description\" content=\"Inverter manufacturer SMA Solar Technology AG saw a significant boost in sales last year and is anticipating more of the same in 2023.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/sma-inverter-outlook-mb2856\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SMA Has High Hopes For 2023\" \/>\n<meta property=\"og:description\" content=\"Inverter manufacturer SMA Solar Technology AG saw a significant boost in sales last year and is anticipating more of the same in 2023.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/sma-inverter-outlook-mb2856\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-12T19:00:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-27T03:51:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/sma-inverter-outlook.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/sma-inverter-outlook-mb2856\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/sma-inverter-outlook-mb2856\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"SMA Has High Hopes For 2023\",\"datePublished\":\"2023-03-12T19:00:29+00:00\",\"dateModified\":\"2024-08-27T03:51:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/sma-inverter-outlook-mb2856\/\"},\"wordCount\":549,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/sma-inverter-outlook-mb2856\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/sma-inverter-outlook.png\",\"articleSection\":[\"General Solar &amp; 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In addition to growth in shipments and sales, the company was recently recognised as being one of the most sustainable companies in\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Germany's SMA","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/sma-sustainable-business.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/sma-sustainable-business.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/sma-sustainable-business.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/sma-sustainable-business.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/sma-sustainable-business.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":16807,"url":"https:\/\/www.solarquotes.com.au\/blog\/sma-inverter-battery-storage-mb0308\/","url_meta":{"origin":72286,"position":1},"title":"SMA Battery Inverters For 20 MW Energy Storage Project","author":"Michael Bloch","date":"November 16, 2017","format":false,"excerpt":"Solar inverter manufacturer SMA has announced it is supplying Sunny Central Storage battery inverters for the Los Angeles Department of Water and Power\u2019s (LADWP's) Beacon Energy Storage System. Thirteen of SMA\u2019s Sunny Central Storage 2750-EV-US battery inverters will be used for the project. \u201cGlobal demand for storage technologies is rising\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Sunny Central Storage battery inverter","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/sma-battery-inverter-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/sma-battery-inverter-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/sma-battery-inverter-2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/sma-battery-inverter-2.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":46071,"url":"https:\/\/www.solarquotes.com.au\/blog\/sma-australia-2020-mb1816\/","url_meta":{"origin":72286,"position":2},"title":"A Big Year For SMA&#8217;s Big Inverters In Australia","author":"Michael Bloch","date":"December 28, 2020","format":false,"excerpt":"2020 saw Germany's SMA sign contracts for around 1.6 gigawatts of central inverter capacity for use in large-scale solar installations across Australia. SMA claims to have captured market share of approximately 65 percent of the total 6.5 gigawatts of central inverter capacity committed locally by the end of 2020. \"Despite\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SMA central inverters - Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/sma-inverters-australia.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/sma-inverters-australia.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/sma-inverters-australia.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/sma-inverters-australia.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/sma-inverters-australia.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":90216,"url":"https:\/\/www.solarquotes.com.au\/blog\/sma-2024-results-mb3132\/","url_meta":{"origin":72286,"position":3},"title":"Germany&#8217;s SMA&#8217;s Sights Still Set On 2025 Turnaround","author":"Michael Bloch","date":"March 7, 2025","format":false,"excerpt":"German inverter, energy storage and EV charger manufacturer SMA has posted preliminary, non-audited figures for 2024 - and the results aren't particularly pretty compared to 2023. Sales for 2024 came to \u20ac1,530.0 million compared to 2023's \u20ac1,904.1 million - that's a drop of 19.7%. But it was still much better\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SMA Solar Technology AG 2024 results","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/03\/sma-2024-results.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/03\/sma-2024-results.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/03\/sma-2024-results.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/03\/sma-2024-results.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/03\/sma-2024-results.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":26122,"url":"https:\/\/www.solarquotes.com.au\/blog\/sma-solar-australia-mb0839\/","url_meta":{"origin":72286,"position":4},"title":"Utility Scale Solar A Bright Spot For SMA In Australia","author":"Michael Bloch","date":"November 27, 2018","format":false,"excerpt":"SMA Solar Technology AG says the company will have commissioned 1.8GW of solar inverter capacity\u00a0associated with utility scale projects in Australia this year.\u00a0 It's been a huge year at this end of the solar sector for the company in Australia, as 2018 will bring SMA\u2019s total utility-scale PV power plant\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SMA inverters - solar power in Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/sma-australia-solar.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/sma-australia-solar.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/sma-australia-solar.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/sma-australia-solar.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":84649,"url":"https:\/\/www.solarquotes.com.au\/blog\/sma-solar-struggles-mb2948\/","url_meta":{"origin":72286,"position":5},"title":"SMA Solar&#8217;s Struggles Continue","author":"Michael Bloch","date":"June 24, 2024","format":false,"excerpt":"If German solar inverter manufacturer SMA Solar Technology AG was Australian, the firm would certainly qualify for the \"battler\" label. Founded in 1981, SMA was hugely popular among Australian solar installers some years back. 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