SMA Solar, Siemens enter cooperation in large solar power plants
Germany’s top solar company SMA Solar and engineering giant Siemens have formed a partnership to offer large-scale photovoltaic plants, SMA said on Wednesday.
SMA Solar, whose shares were indicated 6.9 percent higher following the announcement, said it would offer solar inverters, needed to feed solar-generated power into the energy grid, while Siemens will contribute transformers and switchgear, SMA said.
No financial details were disclosed.
