September 4, 2009

Niestetal, Germany: SMA Acquires Micro-Inverter Technology Platform from OKE-Services

SMA Solar Technology AG has acquired the technology platform from OKE-Services (OKE), a Dutch company in the micro inverter sector.

SMA plans to develop this technology further in the next few years, to launch its own product range of micro inverters onto the market. This would mean that the product portfolio would be expanded in the area of smaller power ranges.

Unlike the photovoltaic inverter with string technology, which converts the direct current of numerous interconnected photovoltaic modules into alternating current (AC), a micro inverter converts the DC to AC separately at each individual photovoltaic module.

It was agreed to keep the exact purchase price confidential. Furthermore, a consultancy contract was drawn up with the owner of OKE, Hendrik Oldenkamp, with a duration up until September 30, 2012.

Further details about: SMA