# SMA Solar invests €12M in electronics production expansion in Niestetal

SMA Solar Technology AG is investing around €12 million by end of 2024 to expand PCB production lines at its Niestetal/Kassel site, adding 50 jobs. The expansion will support growing demand for solar and battery inverters.

- Type: Expansion
- Announced: 2023-07-09
- Where: Niestetal/Kassel, Germany
- Value: $13.1M (12.0M EUR)
- Jobs: 50
- Starts operating: 2024
- Status: announced
- Products: printed circuit boards for solar and battery inverters
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [SMA Solar Technology AG](https://endata.com/companies/71322.md)

## Sources

- [sma.de](https://www.sma.de/en/newsroom/news-details/new-lines-and-robot-technology-sma-upgrades-electronics-production-facilities), 2023-07-09: "By expanding and modernizing our electronics production lines here in Niestetal, we are strengthening our Germany operations and creating attractive jobs in the region."
- [sma-uk.com](https://www.sma-uk.com/news/sma-upgrades-electronics-production-facilities-3), 2023-07-09: "By expanding and modernizing our electronics production lines here in Niestetal, we are strengthening our Germany operations and creating attractive jobs in the region."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.