As semiconductor components supply tensions eased, solar inverter market leader SMA Solar (SMA Solar, ETR: S92) almost reached capacity limits. Its third- quarter sales reached 600 million € 26.7 million , in the first three quarters of total sales totaled 1.44 billion euros .
SMA reaffirms its 2010 full-year expectations of newly installed solar energy equipment total power of 17GW, which installed solar installations in
in late September to reach
SMA said its annual global production of up to 11GW, which has doubled compared to 2009 . However, this grid connected inverter manufacturer that produced in the quarter of 2.6GW products are almost sold out. In the first nine months of this year , SMA inverters sold a total of 5738MW.
Meanwhile, the company's medium-power solutions (Medium Power Solutions) in a string inverter supply cycle has come down to the normal two to three weeks ; while power solutions (High Power Solutions) in the central modified sine wave inverter is a lead time of six to eight weeks .
SMA 's management said it expects 2011 growth rate will be between devices installed +20% to -10% .
According to forecasts, in 2010 the company's revenue will reach 1.5 to 1.9 billion euros . The 2009 SMA 's actual income € 934 million .