SMA Solar Technology AG has announced plans to establish a production site in North America. The plant is expected to go into operation in 2025.
The RENIXX Group, one of the world’s leading specialists for photovoltaic and storage system technology, is currently working with multiple states and potential partners to evaluate the most strategic manufacturing location and approach.
Site selection is anticipated in the first half of 2024. The new production facility will initially have a capacity of 3.5 gigawatts/year, which can be expanded with time. Up to 200 new jobs are to be created in the first three years.
“The US is a key market, and the Inflation Reduction Act (IRA) provides an extraordinary opportunity for long-term growth. With this step we will significantly strengthen our market share in the US and set the course for SMA’s future growth,” said SMA CEO Dr. Juergen Reinert. ” We applaud the Biden Administration working in collaboration with the Department of Energy and the IRS for their bold policies to stimulate clean energy manufacturing in the US. The potential for our market is vast and local manufacturing is one strategic piece of our growth trajectory.,” added Jeppe Johansen, Managing Director of SMA America.
The expansion of production in the USA by 3.5 gigawatts per year will take place in parallel with the construction of the SMA Gigawatt Factory, with which SMA will double its production capacity in Germany to 40 gigawatts per year. From 2025, solutions for large-scale PV power plants and storage systems for global deployment will be manufactured in Niestetal.