SMA Altenso
sma-altenso.com
Annual production capacity
2-20
GWh/yr · vendor-reported
Bankability influence
Overall Positive
Company Size
Small
1-300 headcount
Vertical integration
Medium
Company Overview
Founded in 2014 as SMA Sunbelt Energy GmbH, SMA Altenso is a wholly owned subsidiary of SMA Solar Technology AG that integrates BESS, hydrogen, and hybrid power projects. It is based on SMA’s campus in Niestetal near Kassel, Germany, has delivered 2 GW of battery storage, runs local teams in Cape Town and Sydney, and works on grid-connected, weak-grid, and off-grid projects.
Headquarters
Germany
Legal entity
SMA Altenso GmbH
IPP / offtaker customers
Avenis Energy, MEAG Munich Ergo Assetmanagement GmbH, re:cap FP Lux European Battery Storage fund, RheinEnergie AG
Integration footprint
Australia, Germany, South Africa
Production scale
2-20 GWh/yr
Adjacent product lines
off-grid solutions, hydrogen solutions, battery solutions, solar PV, O&M / services, cloud or digital services, microgrids, EV charging
Moderate presence in Europe; no recorded presence in North America, Latin America, Central Asia & CIS, Middle East & North Africa, Sub-Saharan Africa, South Asia, East Asia, Southeast Asia, and Oceania.
Financial Health
Derived from the five sub-metrics below — 3 healthy · 1 suboptimal · 1 moderate.
Reference Project
Project
Hoexter ; the “Zur Lüre” industrial area, Hoexter, North Rhine-Westphalia, Germany
Cell & System Architecture
Cell chemistry
Battery Management System
SMA Altenso’s BMS monitors battery State of Charge, or SoC, as a percentage and stops charging or discharging at set limits, while it also tracks the State of Health, or SoH, of individual cells, finds performance differences, and triggers protective actions when it detects faults.
Corporate & Listing
Parent Company
SMA Solar Technology AG
Parent Company of SMA Altenso is SMA Solar Technology AG — SMA Altenso is not separately listed; the exchange listing belongs to the other legal entity.
Share price of SMA Solar Technology AG (S92.DE), not SMA Altenso.
Recent Developments
SMA Altenso and RheinEnergie commissioned a 24.5 MW/62.5 MWh utility-scale BESS in Einbeck, Germany. The project is now in full operation as a grid-stability asset.
Certifications
Management Systems (ISO)
ESG & Sustainability
SMA Altenso reports third-party ratings from MSCI, ISS ESG, Sustainalytics, EcoVadis, and CDP. Its MSCI ESG rating is A, its CDP Climate Change score is B, and its Supplier Engagement score is A-; its science-based climate targets cover operations and the supply chain, it runs annual human rights and environmental risk reviews of direct suppliers, and it lists the circular economy as a material topic.
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