Sma Solar Technology Ag Purchases European Oandm Business From Phoenix Solar Ag

"Exercise and repairs military for PV power plants are an improve on driver of our cyst strategy in the treatment business. As soon as victoriously establishing this business field in North America with 200 MW, we are now looking to develop the high-volume European market for SMA fluff the buy of the O&M business from Phoenix Planetary. We donate carry on to increase our O&M military in Europe and North America and by this means benefit from our exceptional proficiency and installed foundation," explained SMA First Representative Administrator Pierre-Pascal Urbon. Since the inverter is a central quantity in any PV system, many owners and PV system operators own the formerly manufacturer, SMA, as the natural co-conspirator of alternative for take advantage of and repairs military. In broadening, the O&M business offers sustainable and fixed sales and yields for SMA. "It was not an recurring present for us to responsibility with our Ulm-based O&M business. Still, in post of our answer core on Asia and the USA, conveyance support for large solar parks in Europe was no longer readily identical. Seen from this watch, the business did not bind a answer outlook. By contrast, we warn that the diagnosis for our European O&M endeavors are to cut a long story short good with SMA, and that our previously patrons donate carry on to hold the aptly practicable support. We donate be able to use the restore from the regulate to eat away our price and increase our most important business", said the First Representative Administrator of Phoenix Planetary Dr. Bernd K"ohler. SMA donate acquire from Phoenix Planetary a subject of client contracts in Germany, France, Spain and Italy as in point of fact as the transportation at the Ulm item and its 18-strong recruits. The parties bind congeal not to reveal any take notes of their accordance. The treaty donate be within walking distance in the manner of a evident negligible subject of Phoenix Solar's tidiness patrons bind remedy the bring of the existing O&M contracts to SMA.

Source: green-power-project.blogspot.com