Following the operation of the 20GW inverter plant in Germany, SMA Solar Technology AG (hereinafter referred to as SMA Sola), a German inverter company, recently announced that it would build a 3.5G W photovoltaic inverter plant in the United States.
According to foreign media reports, SMA plans to provide 3.5 gigawatts of capacity per year in the new plant, which is expected to start production in 2025. "The US is a key market and the IRA provides an excellent opportunity for long-term growth," said J Jürgen Reinert, chief executive of
SMA. "With this move, we will significantly strengthen our market share in the US and set the stage for SMA's future growth."
Currently, SMA is reaching out to multiple States and potential partners to evaluate the most strategic manufacturing locations and methods. Site selection is expected to take place in the first half of 2024. The expansion
to the United States will add 3.5 gigawatts of capacity, which will coincide with the construction of the company's SMA GIGAWATT plant in Germany to achieve the company's goal of nearly doubling capacity to 40 GW by 2024.
Back in June, the company announced the construction of a new 20GW inverter plant at its headquarters in Nistetal, Germany. At that time, SMA Solar was considering investing in a factory in the United States, considering that the delivery of products from the new factory to customers in the United States would result in a price disadvantage of about 20%, and that the subsidies of the Inflation Reduction Act in the United States made it attractive to open production facilities in the United States market.
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