SMA plots significant solar inverter manufacturing capacity expansion
- Solar inverter manufacturer SMA has unveiled plans to increase its manufacturing capacity by 2024 at its Germany head office.
With an existing capacity of 21GW, the German manufacturer expects to take that capacity to 40GW by 2024.
The expansion is to begin construction later on this year and also will mainly be devoted to the manufacture of inverters for the large-scale PV sector.
The selection of the area is aimed to decrease supply chain issues and to increase deliveries to its European and also US clients, specifically for the large-scale PV section, according to its CEO Jürgen Reinert.
Possibility to additionally scale up production in the future as additionally been thought about in case the firm requires to adjust to future market growth.
"We have purposefully positioned ourselves in all the business fields appropriate to the future power supply, allowing us to play a vital role in the international growth of renewable resources," claimed Reinert.