Starting in August 2013, two additional PV power plants with central inverters from SMA Solar Technology AG (SMA) will be built in South Africa. The plants are developed and will be built and partially owned by Scatec Solar. 125 Sunny Central CP XT inverters will be delivered for a total of 115 MWp PV power, 65 Transformer Compact Stations for connection to the medium-voltage grid, 750 Sunny String-Monitors and a Power Plant Controller specially configured for the grid requirements of the South African power company ESKOM for park regulation.
The PV power plants Dreunberg in the Eastern Cape province and Linde in the Northern Cape province are set to begin operation in the first and second half of 2014, respectively. They are being constructed under the second round of South Africa's Renewable Energy Independent Power Producer Program (REIPPP). The Norwegian PV power plant developer Scatec Solar is responsible for the two PV projects. The company is well under way with the 75-megawatt Kalkbult project in South Africa with 84 SMA Sunny Central inverters. This project will be finished in the second half of 2013.
"The cooperation with Scatec Solar and the excellent suitability of the SMA central inverters for the challenging climate conditions in South Africa have already proven themselves in the Kalkbult PV project," explains Dr. Jürgen Reinert, SMA Executive Vice President Technology. "In addition, there are special functions of the SMA inverters for grid integration.
Together with the SMA Power Plant Controller, complex requirements and control functions can be implemented, particularly for multi-megawatt power plants." In this way, individual requirements and complex control functions can be simply and efficiently completed.
To provide capacity for the expected market growth in a timely manner and meet the local content requirements, SMA announced the expansion of its presence in the important future market of South Africa at the end of May, 2013. In addition to strengthening the already existing sales and service structures, SMA will set up a Sunny Central inverter production there.
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.
The PV power plants Dreunberg in the Eastern Cape province and Linde in the Northern Cape province are set to begin operation in the first and second half of 2014, respectively. They are being constructed under the second round of South Africa's Renewable Energy Independent Power Producer Program (REIPPP). The Norwegian PV power plant developer Scatec Solar is responsible for the two PV projects. The company is well under way with the 75-megawatt Kalkbult project in South Africa with 84 SMA Sunny Central inverters. This project will be finished in the second half of 2013.
"The cooperation with Scatec Solar and the excellent suitability of the SMA central inverters for the challenging climate conditions in South Africa have already proven themselves in the Kalkbult PV project," explains Dr. Jürgen Reinert, SMA Executive Vice President Technology. "In addition, there are special functions of the SMA inverters for grid integration.
Together with the SMA Power Plant Controller, complex requirements and control functions can be implemented, particularly for multi-megawatt power plants." In this way, individual requirements and complex control functions can be simply and efficiently completed.
To provide capacity for the expected market growth in a timely manner and meet the local content requirements, SMA announced the expansion of its presence in the important future market of South Africa at the end of May, 2013. In addition to strengthening the already existing sales and service structures, SMA will set up a Sunny Central inverter production there.
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.
