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SMA Solar Technology AG Sonnenallee 1 34266 Niestetal, Germany http://www.sma.de/
Contact Mr Adele Zhang +61 2 9491 4223

SMA Commissions 1.8GW of Solar Inverter Power for Projects in Australia in 2018

(PresseBox) (Niestetal / Sydney, )
SMA Solar Technology AG (SMA) will have commissioned 1.8GW of solar inverter power in Australia in 2018. This brings SMA’s total utility-scale PV power plant installation base in Australia above 2GW. With this achievement, SMA has succeeded in offering system solutions for utility-scale PV plants in all states and territories on mainland Australia.

"Industry trends suggest that solar power systems are becoming a key player in energy production in Australia, both in households and in large-scale PV power plants, "said John Susa, Executive Vice President, Sales - APAC / North America. "In the month of September alone, over 1GW of SMA central inverters were actively commissioned. We are very proud to announce that SMA system solutions are thus installed in PV plants in each state and territory on Mainland Australia. The uptake in the utility segment has added 10 permanent staff members to our local service team in Australia and has resulted in 15 additional local employees being subcontracted to work on these projects for the duration of the plants’ life."

Almost all of the utility-scale PV power plant projects in Australia rely on the SMA Medium Voltage Power Station. This turnkey solution includes Sunny Central inverters, a powerful medium-voltage transformer and a medium-voltage switchgear, is easy to transport and allows for fast commissioning. In addition to advanced system technology, SMA also provides first--class service for utility-scale power plants. Local SMA experts inspect the installation of inverters and medium-voltage components, set up required and plant-specific parameters and perform comprehensive function tests to ensure systems are stably connected to the grid and work smoothly from the outset.

SMA Australia began operations in 2007 and provides a range of solutions for centralized and decentralized PV power plants as well as for residential PV applications and PV hybrid projects. With a team of 54 employees without temporary workers, the company also supports planning, design, engineering and project management as well as installation and commissioning of its solutions.

For more information on SMA products and solutions, visit www.sma-solar.com.

Disclaimer:

This press 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 press 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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SMA Solar Technology AG

The SMA Group with sales of around €900 million in 2017 is a global leader for solar inverters, a key component of all PV plants. SMA offers a wide range of products and solutions that allow for high energy yields for residential and commercial PV systems and large-scale PV power plants. To increase PV self-consumption efficiently, SMA system technology can easily be combined with different battery technologies. Intelligent energy management and digital energy solutions, comprehensive services and operational management of PV power plants round off SMA's range. The company is headquartered in Niestetal, near Kassel, Germany, is represented in 19 countries and has more than 3,000 employees worldwide, including 500 working in Development. SMA's multi-award-winning technology is protected by more than 1,200 patents and utility models. 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 is listed in the SDAX index.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.