SMA Solar: Trump victory means advantage over China

German solar panel manufacturer, SMA Solar, which is partially owned by Denmark's Danfoss, eyes one single advantage in Donald Trump's ascension to the White House.

by THOMAS BO CHRISTENSEN

It has not generall been considered good news among renewables players that Donald Trump, a huge coal and oil fan, won Tuesday's presidential election in the US. His victory will likely have a negative impact on the future of renewable energy in the US. However in the solar panel area it might bring a small advantage, says German manufacturer of solar panel inverters, SMA Solar, which is 20 percent owned by Danfoss.

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