News
13 Dec 2018, 14:38
Sören Amelang

Solar PV inverter manufacturer SMA announces over 400 job losses, China closure

pv magazine

German PV inverter manufacturer SMA will shed 425 full time jobs or about 13 percent of its global workforce, reports Becky Beetz for pv magazine. More than 100 of these positions are based in Germany, and more than 300 in foreign locations. The company will also leave China and refocus its efforts in Germany, according to the report. SMA cited sharp price declines and the market downturn in China resulting in excess capacities.

Read the article in English here.

Find background in the dossier Stricken solar sector sets out to regain leading Energiewende role.

All texts created by the Clean Energy Wire are available under a “Creative Commons Attribution 4.0 International Licence (CC BY 4.0)” . They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.
« previous news next news »

Ask CLEW

Kerstine Appunn

Researching a story? Drop CLEW a line or give us a call for background material and contacts.

info@cleanenergywire.org

+49 30 700 1435 212

Journalism for the energy transition

Get our Newsletter
Join our Network
Find an interviewee