Although global demand for solar power systems jumped 25% to more than 40GW last year, SMA’s inverter sales volume fell to 5.4GW from 7.2GW in 2012. Together with high price pressure, that translated into a 36% drop in sales to €932.5m ($1.28bn) in 2013, SMA said.
With that, SMA was still the global number-one PV inverter supplier, holding a market share of 17%, according to IHS.
