From pv journal Germany

German inverter maker SMA Photo voltaic Know-how AG plans to construct an inverter manufacturing facility at an unspecified location in the US.

The corporate stated the brand new manufacturing facility will use manufacturing gear that was initially supposed for its manufacturing website in Thalheim, Germany.

The manufacturing facility will possible be operational in 2025 and could have an annual capability of three.5 GW.

Discussions are presently underway “with a number of federal states and potential companions to seek out probably the most strategically advantageous manufacturing location and the precise strategy,” the corporate stated, noting that as much as 200 new jobs can be created within the first three years.

“The US is a key marketplace for SMA, and the Inflation Discount Act (IRA) gives a rare alternative for long-term progress,” stated CEO Jürgen Reinert. “With this step, we’ll considerably strengthen our market share within the USA and set the course for SMA’s future progress.”

SMA can be pushing forward with capability growth in Germany, the place it plans to achieve 40 GW. It stated it needs to provide options for big PV initiatives and storage techniques from 2025 at its Niestetal website, to be used in international markets.

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