SMA Australia has signed contracts for the supply of more than 1.2 gigawatt inverter power for more than 20 utility scale PV projects in Australia in 2017. The capacity of the projects ranges from 10 megawatt to 270 megawatt. All PV power plants will be built using SMA’s Medium Voltage Power Station (MVPS) and the SMA Power Plant Controller offering flexible farm control. The MVPS combines PV inverter, transformer and medium voltage switchgear in a container and is perfectly suited for large-scale PV projects. It reduces transport, installation and operating costs thanks to its unique power density and compact design.
“Thanks to improved economic factors and pervasive market interest 2017 represents a ground breaking year for solar farm development in Australia,”, said John Susa, Executive Vice President of SMA Sales North America/APAC. “We are extremely proud to announce that our Medium Voltage Power Station and the SMA Power Plant Controller have been selected for several large scale PV projects funded by the Renewable Energy Agency (ARENA) in Australia this year. This success has been achieved by working closely with different developers and EPCs. In addition, we were successful in securing contracts for delivering our MVPS for another nine utility-scale PV projects. We feel honoured to become part of the booming utility market in Australia with our best-in-class turnkey container solution MVPS and we expect an even better performing 2018 in front of us.”
SMA has had a presence in Australia for over 10 years and offers solutions for centralized and decentralized PV power plants as well as for residential PV applications and PV hybrid projects. The local team consists of over 40 skilled engineering, sales, marketing and service staff. SMA Australia has sales personnel across the country and a strong product distribution network with national coverage. SMA regularly hosts customer training events, manages service requests and responds to technical enquiries. Besides, SMA experts provide support with planning and design, engineering and project management as well as installation and commissioning.
The SMA Group with sales of around €1 billion in 2016 is the global market 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 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 20 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 1,000 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 currently the only company in the solar industry that is listed in the TecDAX index.
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.