PV inverter manufacturer SMA Solar for two consecutive quarterly loss

German inverter manufacturer SMA Solar announced a second consecutive quarterly loss and said it would cut more jobs, mainly due to free-falling prices and the looming trade war has damaged its solar sector profits.

In the first three months of the degree of interest rate pre-tax loss of € 8.4 million, compared to operating profit of 42.8 million euros, analysts polled by Reuters forecast a loss of 13 million euros.

The major European markets cut subsidies, still unresolved debt crisis and the EU may also be interested in the Chinese element taxes had a negative impact on the demand for photovoltaic inverter SMA is the world's largest solar inverter manufacturer SMA, said: , that part of the key components of the electricity generated by the solar panels into the grid. Over the past four years, battery and component excess capacity led to the china solar panel industry price crisis. The crisis has eroded the the SMA operating margin, before falling sharply to 7% last year from 27% in 2010. The company said it can not rule out the possibility that the operating loss this year.

The Sunshine Power: from the 2008 western large-scale photovoltaic power plant concession tender, sun power has been actively involved and has been leading China PV inverter market share. 500KW, 250KW, 100KW power products, with a transformer or without transformer models, has always been the leading products of the sun power, sun power for more than one-third of the market share and reputation of high-quality user set an illustrious military medals ; also took the lead launched a containerized solution, sun power products has always been the technology leader and reliable quality on the basis of a better experience for customers and lower operating costs, but also attracted peers to follow suit.

Here we launched an upgraded version of the market and users are familiar with, and have great confidence in the product model. Around the world, we already have accumulated more than 3GW of PV solar cell efficiency inverter applications, according to the various regions of the natural environment, various power generation efficiency and MPP tracking, power plant owners are facing all kinds of running operating experience, especially power grid requirements continue to increase, we never stopped optimization of products and technologies and explore. Am proud to say that we have been walking in the forefront of the industry, and lucky enough to get a broad market acceptance.

Grid Grid power quality have become increasingly demanding functional requirements of the PV inverter PV power plant core smart devices more and more alone in the original equipment function expansion or technological upgrading is already showing its limitations. In order to meet the increasingly updates as well as possible future high standards, and more humane into the user experience, we have the launch of an upgraded version of the product. Upgraded version of the product will keep the sun power brands to bring customers high efficiency and high reliability, consistent feel and comprehensive 3GW applications accumulation, and a better user experience, lower overall operational costs and risks to the customer.