The disclosure relates to an inverter, in particular for a photovoltaic system, including a housing with at least one chamber and a cooling air channel formed within the chamber for guiding ambient air as cooling air for electrical and/or electronic components of the inverter disposed along the cooling air channel. The cooling air channel extends through the housing from an air inlet to an air outlet. The inverter includes a further air outlet provided within the cooling air channel between two of the components to be cooled, and is arranged above the air inlet and the air outlet. The disclosure further relates to a method of cooling such an inverter.