In the first quarter of 2013, SMA sold PV inverters with an output of 1.2 gigawatts and generated sales of €212.3 million. Sales were within SMA’s own guidance of €190 million to €220 million. The export ratio increased to 67.5% of sales. Despite the sharp decline in sales, SMA succeeded in generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA) of €9.4 million.
Welcome to the first episode of SMAll Talk, the new video format of SMA, this time about China. SMA CEO Pierre-Pascal Urbon answers questions about the potential of the Chinese PV market, the relationship between SMA and Zeversolar and rumors on SMA’s shift in production levels to Asia.
Enjoy the video!
It’s a good idea to use self-generated solar electricity: you can save money and make yourself independent from rising electricity prices. But what do I have to do to be able to operate the washing machine with solar power? The second episode of “Photovoltaics in 60 seconds” gives the answer.
Enjoy the movie.
