A strategic partnership between SMA Solar Technology AG and Danfoss A/S has been agreed. The two leading companies in the photovoltaics technology have been joined in order to aim together to a relevant reduction of the costs, exploiting high volume and same experience. Danfoss has acquired 20% of SMA and it is going to give it all the activities related to the convertor branch.
Thanks to this relationship, SMA could extend his product proposal following the take-over of the PV inverter brach of Danfoss. Once the operation will be approved, SMA will introduce new products for the solar systems of average dimensions, these increasing in Europe, in the USA and in China.
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