“2013 will be a tough year for the solar sector. The photovoltaic market is currently undergoing major changes,” says chief executive Pierre-Pascal Urbon. “However, we focused our corporate strategy on the future requirements of the energy sector at an early stage.”

With the development of innovative system technology and energy management solutions, cost-cutting efforts and an ongoing internationalisation, SMA is well positioned to take opportunities arising in international photovoltaic markets, Urbon says.

Despite