SMA Solar Technology AG strengthens its presence in North America with solar inverter production, sales and services in Ontario, Canada.
SMA Solar Technology AG (Frankfurt Stock Exchange: S92) is to strengthen its presence in North America with the foundation of a subsidiary in Canada. The site will be selected during the course of the first half of 2010. The initial investment volume is between € 5 and 10 million. SMA solar inverters from the Sunny Boy, Sunny Central and Sunny Island product ranges are to be produced for the Canadian market. Sales and services are also to be bundled together into the company. SMA is planning to create 100 to 200 jobs on site in the medium term.
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