Weak Q1 for inverter giant SMA

Incumbent inverter giants, like SMA, are pressing aggressively into the micro-inverter space.

Incumbent inverter giants, like SMA, are pressing aggressively into the micro-inverter space.

SMA Solar Technology had a weak start to the fiscal year 2014, with sales falling 17% in the first quarter to €176.3m ($241.3m) from a year earlier as its inverter output shrank to 1GW from 1.2GW.

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