Last year, SMA sold more than 10 gigawatts of inverter output for the first time ever and significantly improved sales and earnings. The figures show that the measures implemented to reduce costs and to increase sales after a difficult 2018 were successful. We will continue to follow this path in 2020.
The world of renewable energies is truly fascinating. Our new Sonnenallee magazine presents compelling stories about the people, ideas and projects. Sonnenallee takes a broader view, clears up misconceptions, and seeks to change minds and make readers think.
Thanks to Greta Thunberg and the Fridays for Future movement, climate change has found its way to the top of the global agenda. And rightly so! We at SMA have spent almost 40 years working to expand renewable energies. However, we are now taking the opportunity to catch our breath as we close the SMA headquarters in Germany for the holidays. Read on for all the information on how to reach SMA between December 20, 2019, and January 1, 2020. We also have a little surprise for you 😊.
The 25th World Climate Change Conference in Madrid ended without significant results. A great disappointment and a setback for climate protection. Nevertheless, we must not be discouraged now and must work together at all levels and across all borders.
Today, millions of people around the world are once again taking to the streets to call on international politicians to finally implement effective measures for greater climate protection. This sends an important message to the UN Climate Change Conference COP25 that begins in Madrid on Monday.
Less than USD 25 per megawatt-hour of solar power — these kinds of prices are not uncommon any more in sunny regions. Thanks to its continuously falling costs, photovoltaics is on the right track to becoming the world’s most cost-effective source of energy. It thus totally makes environmental and financial sense to build new PV systems rather than continue to rely on conventional power plants.
The strategy consultancy Oliver Wyman states in a study that the coal phase-out could lead to an enormous increase in electricity prices and endanger the security of supply. For economic reasons, gas-fired power plants must now be increasingly used. Is it a coincidence that this so closely supports the opinion of the Federal Ministry for Economic Affairs and Energy that natural gas is vital?
Despite the valid criticism, the two important climate events that took place last week – the presentation of the German Federal Government’s climate package and the results of the UN Climate Action Summit – represent a start, at least in some areas. It is now a question of maintaining pressure to give us a chance of achieving the 1.5-degree goal.
Even though there has been a lot of negative news for the climate in the media in recent weeks, it is still worth taking to the streets for more climate protection. Tomorrow's global climate demonstrations are supposed to demonstrate: The time for talking is over, now we need decisive action.
Hate, exclusion and racism are unfortunately on the rise again in large parts of the world. All social forces, including business enterprises, must take a clear stand against this.