Reuters logo
3 months ago
SMA Solar CEO says inverter price decline has not accelerated
May 31, 2017 / 11:18 AM / 3 months ago

SMA Solar CEO says inverter price decline has not accelerated

FRANKFURT/DUESSELDORF, May 31 (Reuters) - SMA Solar , Germany's largest solar group, saw prices for inverters decline in line with its expectations so far this year, its CEO said, adding business in May was good and supported its full-year outlook for sales and profits.

"I don't see that the price drop is accelerating," Pierre-Pascal Urbon told Reuters in an interview on Wednesday.

SMA earlier this year warned that prices for solar inverters -- needed to feed solar power into the grid -- would continue to fall in 2017 after falling by an average of 10 percent per year since 2010. (Reporting by Christoph Steitz and Anneli Palmen; Editing by Maria Sheahan)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below