“The fact that SMA system technology is being used for Japan’s largest PV power plant underscores our excellent position in this key market. Thanks to our local sales and service structures as well as system solutions specifically tailored to local requirements, we are ideally positioned to take advantage of the tremendous growth expected in this future market. In fact, by the end of the year Japan is expected to surpass Germany as the world’s strongest photovoltaic market in terms of sales,” explains SMA Chief Executive Officer Pierre-Pascal Urbon.
At the beginning of last year SMA had already established a local sales and service company in Tokyo. A few months later another milestone was reached when the Japan Electrical Safety & Environment Technology Laboratories (JET) certified Sunny Boy inverters for PV rooftop systems and approved them for sale in the Japanese market. Additionally, just a couple of weeks ago SMA became the first non-Japanese manufacturer to receive JET certification for a three-phase device, the Sunny Tripower 10000TLEE-JP. Although JET certification is not required for central inverters in industrial solar projects, SMA has nonetheless subjected the Sunny Central CP-JP inverters to the same series of tests used in JET certification for PV rooftop systems. The inverters can be easily set up for outdoor use and are capable of withstanding the adverse weather conditions that prevail in southern Japan such as salty air and typhoons.
The SMA Group generated sales of €1.5 billion in 2012 and is the global market leader for solar inverters, a key component of all PV plants and, as an energy management group, offers innovative key technologies for future power supply structures. It is headquartered in Niestetal, near Kassel, Germany, and is represented internationally 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 photovoltaic plants connected to the grid as well as inverters for off-grid systems. SMA is therefore able to provide ideal technical inverter solutions for all plant sizes and types. 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. In recent years, SMA has received numerous awards for excellence as an employer and achieved first place in the nationwide “Great Place to Work®” competition in 2011 and 2012 and fourth place in 2013.
SMA Solar Technology AG
Head of Corporate Communications:
Tel.: +49 561 9522-2805
Manager Corporate Press
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Fax +49 561 9522-421400
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Manager Investor Relations
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Fax +49 561 9522-2223
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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