SMA Solar Technology AG

Report Publication Announcement • Aug 5, 2014

News Details

Corporate | 5 August 2014 13:03

SMA Solar Technology AG: South Africa: Local Production of SMA Central Inverters Launched and Second Megawatt PV Power Plant Completed With SMA Inverters

SMA Solar Technology AG / Key word(s): Miscellaneous

05.08.2014 / 13:03

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SMA Solar Technology AG-Corporate News

South Africa: Local Production of SMA Central Inverters Launched and Second Megawatt PV Power Plant Completed With SMA Inverters

Niestetal/Cape Town August 5, 2014-After the successful early commissioning of the Kalkbult PV power plant last fall, the Linde 40-MW project with technology from SMA Solar Technology AG (SMA) has now been completed. At the end of July, SMA also commissioned a factory for Sunny Central inverters in Cape Town, South Africa. With this, the company meets the local content requirements under South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPP).

“With an ambitious expansion target for photovoltaics and high solar irraditation, South Africa is a strategically important market for SMA. By beginning our local inverter production in time for the fourth round of the REIPPP Programme, we have once again strengthened our position as the preferred partner for project developers, EPCs and financing banks in this attractive emerging market,” said Thorsten Ronge, General Manager of SMA Sub-Sahara Production Pty Ltd. The flexible production facility for central inverters can be adapted quickly to changes in demand. In addition to a production line and storage facilities, the factory has a test center for central inverters.

For the Linde PV power plant in the Northern Cape province, SMA supplied 43 Sunny Central 850CP inverters, 258 locally produced Sunny String-Monitors for monitoring and 22 Transformer Compact Stations for connection to the medium-voltage grid. In the future, it will provide clean energy for 20,000 households. The Dreunberg PV power plant in the South African province of Eastern Cape is also near completion. Both projects were won by the Norwegian Integrated Independent Power Producer Scatec Solar in the second round of the South African REIPPP Programme and are being implemented with inverters from SMA. Additionally, SMA developed individually tailored communication solutions for each of the Kalkbult, Linde and Dreunberg PV power plants and will also take on the service and maintenance of all three PV power plants.

About SMA

The SMA Group generated sales of more than EUR930 million in 2013 and is the global market leader for solar inverters, a key component of all PV plants. SMA offers innovative key technologies for future power supply structures. It is headquartered in Niestetal, near Kassel, Germany, and is represented in 21 countries. The Group employs more than 5,000 people worldwide. SMA’s broad product portfolio includes a compatible inverter for every type of module on the market and for all plant sizes. The product range includes both inverters for grid-connected photovoltaic plants as well as off-grid and hybrid system technology. The product portfolio is supplemented by comprehensive services and operational management of utility-scale pv-plants. Since 2008, the Group’s parent company, SMA Solar Technology AG, has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and also in the TecDAX index.

SMA Solar Technology AG

Sonnenallee 1

34266 Niestetal

Germany

Head of Corporate Communications:

Anja Jasper

Tel.: +49 561 9522-2805

Presse@SMA.de

Press contact:

Susanne Henkel

Manager Corporate Press

Tel.: +49 561 9522-1124

Fax +49 561 9522-421400

Presse@SMA.de

Investor Relations contact:

Julia Rother

Manager Investor Relations

Tel. +49 561 9522-2222

Fax +49 561 9522-2223

IR@SMA.de

Disclaimer:

This corporate news release serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the “Company”) or any present or future subsidiary of the Company (together with the Company, the “SMA Group”) nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.

This corporate news release can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments.

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Language:	English
Company:	SMA Solar Technology AG
	Sonnenallee 1
	34266 Niestetal
	Germany
Phone:	+49 (0)561 / 9522 – 0
Fax:	+49 (0)561 / 9522 – 100
E-mail:	info@sma.de
Internet:	http://www.sma.de
ISIN:	DE000A0DJ6J9
WKN:	A0DJ6J
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News	DGAP News-Service

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