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SMA Solar Technology

#4799

Rank

$1.9B

Marketcap

DE Germany

Country

SMA Solar Technology
Leadership team

Dr. Jurgen Reinert (CEO, Head of Operations, Technology, Strategy, Sales & Service and Chairman of Managing Board)

Ms. Barbara Gregor (Chief Financial & Legal Officer and Member of Managing Board)

Julia Damm (Mang. of Investor Relations)

Products/ Services
Energy, Renewable Energy, Semiconductor, Solar
Number of Employees
1,000 - 20,000
Headquarters
Kassel, Hessen, Germany
Established
1981
Revenue
Above - 1B
Traded as
S92.F
Social Media
Overview
Location
Summary
SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Business Solutions, and Large Scale and Project Solutions segments. The company offers string and central solar inverters for various module types; battery inverters for high voltage batteries, on- and off- grid applications, commercial and industrial storage solutions, large scale storage solutions, and accessories; medium-voltage technology products; and DC-DC converters. It also provides E-mobility charging solutions; monitoring and control solutions for PV systems; and energy data services, as well as digital solutions to design, operate, and service PV systems and energy systems. The company was formerly known as SMA Technologie AG and changed its name to SMA Solar Technology AG in June 2008. SMA Solar Technology AG was founded in 1981 and is headquartered in Niestetal, Germany.
History

The company was founded by Werner Kleinkauf and former board members Günther Cramer , Peter Drews and Reiner Wettlaufer as a separate company from the University of Kassel, subsequently renamed in 2004 to SMA Technologie AG. In 2006 Pierre-Pascal Urbon expanded the board. In June 2008, the name was changed to the present SMA Solar Technology in order to emphasize the focus on solar and the internationalization of the company. At the same time, the railway technology division was spun into SMA Railway Technology GmbH, which was sold to Chinese Beijing Dinghan in 2017.Larger changes to the board became effective after the Annual General Meeting in June 2009. One of the founders, Reiner Wettlaufer, joined the supervisory board. Roland Grebe was added as chief technology officer and Marko Werner as chief marketing & sales officer; both were more than 20 years with the company. In April 2010, the board also had Jürgen Dolle in human resources and Uwe Hertel in operations. Since the 2011 Annual General Meeting, Pierre-Pascal Urbon became CEO, responsible for the strategic direction of the company and the continuation of internationalization. Two founders, Drews and Cramer, then joined to the supervisory board. Uwe Hertel retired from the board in 2011. In November 2012, Lydia Sommer joined the board and took over the finance and law responsibilities from Urbon, who previously held this portfolio in a dual role as chief executive officer and chief financial officer. Since May 2013, Lydia Sommer was also responsible for human resources and labor relations director, after Jürgen Dolle retired from the board. In January 2015 Martin Kinne took over board responsibility for sales and service.

As part of the company's transformation in 2015, the supervisory board of SMA reduced the number of managing board members. Lydia Sommer left the board in February 2015, and Martin Kinne in December 2015. From January 2016, the managing board of SMA comprised the following members: Roland Grebe , Juergen Reinert , Pierre-Pascal Urbon .

Roland Grebe stepped down from the managing board as per December 31, 2016. As of January 1, 2017, the managing board of SMA Solar Technology AG comprises the following members: Ulrich Hadding , Jürgen Reinert , Pierre-Pascal Urbon .Pierre-Pascal Urbon left the company on December 31, 2018, at his own request, after having resigned from the managing board in agreement with the supervisory board on October 15, 2018. On the same date, Jürgen Reinert was appointed chief executive officer of SMA Solar Technology AG and is responsible for strategy, sales and service in addition to operations and technology. Ulrich Hadding continues to be responsible for finance, human resources and legal affairs and has also assumed responsibility for investor relations.

Mission
At SMA, we build reliable solar power systems so that people can produce, store, and use clean energy.
Vision
Our commitment to transforming the energy industry begins and ends with innovating, producing, and delivering world-leading solar technology.
Key Team

Ms. Anja Jasper (Head of Corp. Communications)

Mr. Volker Wasgindt (Head of Press Relations & Public Affairs)

Mr. Marko Werner (Exec. VP of European Sales)

Ms. Jeanete Klokgether (Exec. VP of Sales & Marketing, Power Plant Solutions)

Mr. Volker Wachenfeld (Sr. VP of Hybrid Energy & Storage Integration)

Recognition and Awards
SMA has won numerous awards including the Forbes Global 2000, the Global Cleantech 100, and the Solar Power World Top 500.
References

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SMA Solar Technology
Leadership team

Dr. Jurgen Reinert (CEO, Head of Operations, Technology, Strategy, Sales & Service and Chairman of Managing Board)

Ms. Barbara Gregor (Chief Financial & Legal Officer and Member of Managing Board)

Julia Damm (Mang. of Investor Relations)

Products/ Services
Energy, Renewable Energy, Semiconductor, Solar
Number of Employees
1,000 - 20,000
Headquarters
Kassel, Hessen, Germany
Established
1981
Revenue
Above - 1B
Traded as
S92.F
Social Media