Fish, sea, salt, diesel – and cowshed. Along with the typical port smells, there is an odor that wafts through the air of Europe’s largest deep-sea port that you wouldn’t expect to find here. Away from the huge container ships just a few meters from Rotterdam’s port wall is the world’s first-ever floating farm. This one-of-a-kind sustainable project has 32 resident cows, and also a floating PV system that provides a low-cost energy supply.

Last year, SMA sold more than 10 gigawatts of inverter output for the first time ever and significantly improved sales and earnings. The figures show that the measures implemented to reduce costs and to increase sales after a difficult 2018 were successful. We will continue to follow this path in 2020.