SMA Solar India

What SMA Solar India does

SMA Solar India is a wholly owned Indian subsidiary of SMA Solar Technology AG, the German inverter manufacturer founded in 1981, with the Indian entity established in 2010 to serve the local photovoltaic market. The company markets and distributes photovoltaic inverters, battery energy storage systems, EV charging hardware, and energy management software developed by or in coordination with its parent. Operations are headquartered in Thane, Maharashtra, with a registered office in Mumbai, employing approximately 41 staff locally, while the parent group operates across 190+ countries with 3,500+ employees worldwide and 100+ GW of cumulative installed capacity supported by a 1,600+ patent portfolio.

The core product portfolio spans utility-scale inverters (Sunny Central FLEX), commercial three-phase inverters (Sunny Tripower 125), residential hybrid inverters (Sunny Boy Smart Energy), battery storage products (SMA Home Storage, Sunny Island X), EV charging (SMA eCharger), and an energy management stack comprising Sunny Design (planning tool), Sunny Portal (monitoring), SMA Data Manager M, and the SMA Energy App. Underlying technology includes grid-forming inverter capability, partial-shade optimization (SMA ShadeFix), and automated fault detection (SMA Smart Connected). The product suite addresses utility, commercial and industrial, and residential solar segments, with storage and EV charging extending the addressable footprint beyond traditional PV inverter revenue.

SMA Solar India derives revenue primarily from hardware sales of inverters, batteries, and EV chargers, complemented by recurring software and monitoring subscriptions, warranty extensions, and professional services including O&M and training. Go-to-market combines direct enterprise field sales for large utility-scale and C&I tenders with a channel partner network for residential and small commercial projects. A planned January 2026 transition will move the Home and Commercial Energy Solutions business to authorized SMA partners, signaling a deliberate channel refinement. Named enterprise references include Thien Tan (60MW), Palau PPUC (15.3MW), NWPGCL (6.55MW), and Minbu (220MW), spanning multiple South and Southeast Asian jurisdictions.

Name

SMA Solar India

Legal name

SMA Solar India Pvt. Ltd.

Website

https://sma-india.com

Company type

Public

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

SMA Solar India is the Indian subsidiary of Germany's SMA Solar Technology AG, selling photovoltaic inverters, energy storage systems, EV chargers, and energy management software to utility, commercial, and residential solar customers across India.

Ownership category

akta.pro rank

Product category

Solar Inverters

NAICS

Solar Electric Power Generation (221114)

akta.pro industry

PRIMARYEUAMABAK

Solar Distribution & Wholesale Supply (Channel, Procurement, Logistics)

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Solar Energy (PV, CSP, Rooftop & Utility-Scale)

SECONDARYEUAMABAI

Solar Grid Integration & Interconnection Services (Studies, Protection, SCADA, Forecasting)

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Solar Energy (PV, CSP, Rooftop & Utility-Scale)

SECONDARYEUAMABAH

Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring)

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Solar Energy (PV, CSP, Rooftop & Utility-Scale)

SECONDARYEUACALAJ

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro)

Energy, Utilities & Environment/Electric Power Generation/Distributed & Behind-the-Meter Power Generation (Microgrids, DG)

Keywords

• Photovoltaic inverters
• Battery storage systems
• Energy management systems
• EV charging solutions
• Solar power plants

Headquarters

HQ city

Niestetal

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Hardware Sales - PV Inverters: Sale of photovoltaic inverters including string inverters, central inverters, and hybrid inverters for residential, commercial, and utility-scale applications.
2. Battery Inverters and Storage Systems: Sales of battery inverters (Sunny Island series) and storage solutions for residential, commercial, and large-scale energy storage applications.
3. EV Charging Solutions: Sale of EV chargers including SMA eCharger wallbox for PV-optimized charging of electric vehicles.
4. Software and Digital Services: Digital services including Sunny Portal monitoring platform, SMA Energy App, and data management solutions.
5. Warranty and Extended Warranty: Extended warranty services including 5+5 factory warranty options providing up to 10 years of warranty coverage.
6. Operation and Maintenance Services: O&M services for PV power plants including monitoring, maintenance, and support services.
7. Training - SMA Solar Academy: Advanced training programs tailored to participants on SMA products and photovoltaics.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels9 records

Core offering

SMA Solar India is the Indian subsidiary of Germany's SMA Solar Technology AG, providing photovoltaic (PV) inverters, battery storage systems, intelligent energy management solutions, and EV charging solutions for residential, commercial, and utility-scale solar applications. The company sells integrated solution packages (Home Energy Solution, Commercial Energy Solution, Large Scale Energy Solution) along with standalone hardware including string and central inverters, hybrid inverters, batteries, and EV chargers, supported by monitoring software and digital services.

Product overview

SMA Solar India offers a comprehensive portfolio of photovoltaic (PV) and energy storage solutions spanning residential, commercial, and utility-scale applications. The core product lines include string inverters (Sunny Tripower series for commercial, Sunny Boy for residential) and central inverters (Sunny Central FLEX for large-scale applications), complemented by battery storage systems (Sunny Island, Sunny Island X, SMA Home Storage) and hybrid inverters (Sunny Boy Smart Energy). The ecosystem integrates intelligent energy management through Sunny Home Manager 2.0 and Data Manager M, while digital tools including Sunny Design (free web-based PV planning), Sunny Design PRO, SMA Energy App (for homeowners), and SMA 360° App (for installers) support system design, monitoring, and maintenance. Additional offerings include EV charging (SMA eCharger), services (SMA Solar Academy training, SMA Certification Service, extended warranties), and the SMA SafeSolar safety solution. The company serves three market segments through integrated solution packages: SMA Home Energy Solution, SMA Commercial Energy Solution, and SMA Large Scale Energy Solution.

Differentiator

Problem solved

Functional benefit

Products and services

• SMA Home Energy Solution Integrated energy solution for residential applications combining solar power generation, battery storage, and intelligent energy management to maximize self-consumption and reduce energy costs for homeowners.
• SMA Commercial Energy Solution Comprehensive solar and storage solutions for commercial and industrial businesses, helping reduce energy costs while achieving sustainability goals.
• SMA Large Scale Energy Solution Flexible solutions for utility-scale PV and storage power plants, enabling climate-friendly energy production with advanced grid forming capabilities for utility developers and large-scale project owners.
• Sunny Central FLEX Modular and highly flexible platform solution for large-scale PV systems, batteries, and electrolyzers with fully integrated AC/DC and DC/DC converters and pioneering Silicon Carbide technology. Enables grid connections from solar generation to battery-assisted grid stabilization to hydrogen production.
• Sunny Highpower PEAK3 String inverter for commercial and large-scale PV applications, featuring a centralized architecture design for higher power generation at plant level.
• Sunny Tripower 125 Commercial solar inverter with high power output for commercial and industrial PV installations, part of the SMA Commercial Solar Solution.
• Sunny Tripower CORE1 String inverter for commercial PV installations with integrated communication and monitoring capabilities.
• Sunny Tripower CORE2 Commercial string inverter offering outstanding advantages for solar installations with advanced features and performance optimization.
• Sunny Island Battery inverter for off-grid and grid-connected energy storage systems, managing and optimizing energy flows in residential and commercial storage applications.
• Sunny Island X New battery inverter for commercial energy solutions, part of SMA's commercial energy storage offerings.
• Sunny Boy Smart Energy Single-phase hybrid inverter enabling residential solar-plus-storage systems with battery integration capabilities.
• SMA Home Storage Modular battery system for residential energy storage, part of the SMA Home Energy Solution for storing solar power and using it flexibly.
• SMA eCharger Wallbox for PV-optimized electric vehicle charging, enabling sustainable and cost-effective EV charging using solar power.
• SMA Data Manager M Communication and data management device for commercial PV systems, providing seamless monitoring, control, and analytics for power plant operations with insightful analytics.
• Sunny Home Manager 2.0 Intelligent energy management system that manages and optimizes all energy flows in residential installations, maximizing household use of solar energy and enabling dynamic electricity rate integration.
• SMA Power Plant Controller Control system for PV power plants enabling grid connection management and power plant optimization.
• Sunny Design Web-based PV system planning tool for designing grid-connected, off-grid, and hybrid PV systems, with features for visual roof planning, shading analysis, and energy yield simulation. Available free of charge with a paid PRO subscription tier for advanced features.
• SMA Energy App Mobile application for homeowners to monitor and manage their energy system, visualize energy flows, optimize consumption, and control smart EV charging.
• SMA 360° App Professional app for solar power installers and technicians to plan PV systems, commission inverters by QR code scanning, and provide customer service support.
• Sunny Portal Information portal for PV system operators to view and monitor system data, access documents, and receive status updates.
• SMA Solar Academy Training and education platform offering advanced courses on SMA products and photovoltaics for installers, partners, and professionals.
• SMA Certification Service Professional certification service that helps get PV systems onto the utility grid faster, making things easier for planners and installers.
• SMA Extended Warranty Extended warranty options for SMA inverters providing additional peace of mind beyond the standard factory warranty, including 5+5 factory warranty options providing up to 10 years of coverage.

Quantifiable outcome

• Save up to 80% on energy costs with solar power (residential claim)
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability3 records

Feature9 records

Partnerships

Eleven partnerships are on record, tiered core.

• Indo Energy Corporation (IEC)coreStrategic or Co-development Partner · 1 January 2024Member of Indochina Group, specializing in rooftop solar projects with 33.6 MW successfully implemented and 50 MW underway. Collaborated on 1.6 MWp Long An Cold Storage project.
• Solar Pacific Energy Corporation (SPEC)coreImplementation/ SI/ Consulting Partner · 1 January 2023Subsidiary of Philippines-headquartered Altenergy, developed Palau's large-scale solar-plus-storage project - the largest power plant of its kind in Western Pacific Region.
• Vu Phong Energy GroupcoreImplementation/ SI/ Consulting Partner · 1 January 2022Vietnamese renewable energy company that executed the 2,040 kWp rooftop solar project on Dalat Worsted Spinning mill using SMA inverters.
• North-West Power Generation Company Ltd. (NWPGCL)coreStrategic or Co-development Partner · 1 January 2021State-owned enterprise under Bangladesh Power Development Board. Developer of 6.55 MW Sirajganj Solar Park, a Public-Private Partnership for 20 years.
• Zhongnan Engineering Corporation LimitedcoreImplementation/ SI/ Consulting Partner · 1 January 2021Chinese EPC contractor for Sirajganj Solar Park project in Bangladesh, handling construction and installation.
• Green Earth Power Co Ltd (GEP), ThailandcoreStrategic or Co-development Partner · 1 January 2019Partnership for development of Myanmar's 220 MW Minbu Solar Power Project. GEP Thailand owns 100% stake in the project, with SMA providing central inverter technology.
• WElink Energy, UKcoreStrategic or Co-development Partner · 1 January 2019Co-developer of Minbu Solar Power Project in Myanmar alongside Green Earth Power and local government.
• Enel Green PowercoreStrategic or Co-development Partner · 1 January 2019American power company partner providing expertise for Minbu Solar Power Project development.
• Peak PowercoreImplementation/ SI/ Consulting Partner · 1 January 2019Designed and built the Gutu Community Microgrid in Nepal with 100 kW AC-coupled PV and 768 kWh battery storage, serving 278 households.
• AEPC (Alternative Energy Promotion Centre)coreStrategic or Co-development Partner · 1 January 2019Government body supporting the Gutu Community Microgrid project in Nepal for rural energy access.
• Motherland Energy GroupcoreStrategic or Co-development Partner · 1 January 2019Local partner for Gutu Community Microgrid project, providing on-ground support in Nepal.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Schneider Electric India: Schneider Electric provides solar inverters as part of a much broader energy management and electrical distribution portfolio in India. It overlaps with SMA in commercial and industrial solar but spans a much wider product range.
• Hitachi Energy India: Hitachi Energy (formerly ABB Power Grids) supplies grid-tie inverters plus broader power and grid solutions in India. It overlaps with SMA in solar inverter offerings but is part of a much wider power infrastructure portfolio.

Direct peers

• Sungrow India: Sungrow is one of the world's largest solar inverter manufacturers with a strong India presence across utility-scale central inverters, string inverters, and storage. It directly competes with SMA India across residential, commercial, and utility-scale segments, often on price.
• FIMER: FIMER (the former ABB Solar business) is a global solar inverter manufacturer with a multi-segment portfolio of string and central inverters. It directly competes with SMA in residential, commercial, and utility-scale markets across India.
• GoodWe: GoodWe is a Chinese inverter manufacturer with strong India presence in residential, C&I, and utility-scale segments plus hybrid and storage solutions. It competes with SMA across all three of SMA's target segments with a price-competitive offering.
• Growatt New Energy: Growatt is a Chinese inverter and storage manufacturer with established India operations serving residential, C&I, and utility-scale. It competes with SMA on price across distributed and small commercial solar.
• Huawei Digital Power (FusionSolar): Huawei's FusionSolar business supplies string inverters, smart PV optimizers, and energy management systems in India. It competes head-to-head with SMA in utility-scale and C&I segments, leveraging Huawei's broader digital ecosystem and aggressive pricing.
• SolarEdge: SolarEdge provides DC-optimized inverter solutions for residential and C&I markets globally and in India. It directly competes with SMA in distributed generation segments using a different (optimizer-based) technical approach.
• Enphase Energy: Enphase is the leading microinverter manufacturer, with a growing India channel. It directly competes with SMA in the residential and small commercial segments through a fundamentally different distributed architecture.
• Sineng Electric: Sineng is a Chinese manufacturer of central and string inverters with growing India presence. It competes with SMA in utility-scale central inverter tenders where pricing is a primary decision criterion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/smasolartechnology
• Facebookfacebook.com/SMAsolarIndia
• LinkedInlinkedin.com/company/sma-solar-india
• Instagraminstagram.com/sma.solar

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SMA Solar India