Citing the market downturn in China, which has resulted in "enormous excess capacity", rapidly declining prices and postponed projects, SMA Technology AG has lowered its 2018 sales and earning guidance, and expects a break-even or negative EBITDA. It has also announced structural changes.The German solar PV inverter manufacturer has said it will not achieve its sales and earnings targets this year, due to the fallout of China's PV policy changes at the end of May, which have resulted in "enormous" excess module and inverter capacities in China, a "steep decline in prices in all markets and segments", ...Den vollständigen Artikel lesen ...