SMA Surpasses 1 GW Installed Solar In Latin America

The burgeoning solar market in Latin America and the continued investment in renewable energy in the region has led SMA to surpass1 GW of installed solar capacity in Latin America. SMA's Latin American business covers all of Mexico, Central and South America, and the Caribbean.

“This is an incredible accomplishment for the SMA team in Latin America,” said John Susa, executive vice president of sales for APAC and the Americas. “Our presence in this market has continued to grow along with the increased demand for solar and storage. We look forward to seeing what the future holds for this very important region when it comes to renewable energy.”

Primarily led by installations in Chile and Brazil, the 1 GW of capacity is largely a result of commercial and utility-scale solar installations, as well as some off-grid and hybrid systems. The residential market is also growing at a rapid pace, and SMA is supporting the development of this segment with its reliable residential solutions.