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SMA Solar Technology AG Sonnenallee 1 34266 Niestetal, Germany http://www.sma.de/
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SMA inverters powering the largest single floating PV power plant in Jiangsu, China

(PresseBox) (Yancheng, )
SMA Solar Technology AG (SMA) has supplied the Zeverlution Pro 40KMV inverters to the largest single floating PV power plant in Jiangsu, China. The 20MW PV Power Plant Project of Yancheng has been successfully connected to the grid and started functioning since July 26, 2018. The 511 Zeverlution Pro 40K-MV inverters supplied by SMA greatly reduce the installation and maintenance cost for the project due to its compact and lightweight design.

Adopting the 40kW photovoltaic inverter of SMA and occupying a total of 350,000m2 of state-owned untapped water area, the project is estimated to have a generating capacity of over 26 million kW. Compared with fossil fuel power stations with the same generating capacity, this PV power plant can save about 9,200 tons of CO2 every year.

"We are very pleased to establish the partnership with SMA China," said Mr. Junhai Du, General Manager of RUNHAI, EPC for the project. "RUNHAI is careful to only select products with leading technologies to offer to our esteemed clients. We see the SMA product line and their strategy of producing cutting edge products an excellent fit with RUNHAI's vision. We can benefit from the high reliability and efficiency of the system with SMA products."

"Agricultural solar market is very important with potential to grow significantly in China," said Mr. Yong Zhang, President of SMA China. "RUNHAI has extensive experience developing large-scale solar plants and has the capability to effectively advance our value-added technologies. We look forward to further cooperation with RUNHAI."

Compared with traditional fishing-photovoltaic integration projects, this 20MW PV power plant project of Yancheng is especially highlighted with its installation of photovoltaic power generation components on the floating construction.

Power generation over the water and aquatic farming under the water operate at the same time. Thus, it boasts the benefits of occupying no land resources, lowering water evaporation and generating plenty of power with photovoltaic components of water cooling. When the photovoltaic farming project launches, it will absorb labour force, thus bringing a stable wage income to local residents.

The investment in the 20MW single floating photovoltaic power plant project can not only help local residents increase their income and promote economic development on site, but also bring significant benefits to local environmental protection.

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 1,100 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.