SMA fulfilled all requirements of local added value already for the first round of the REIPP program. This applies also to the increased requirements in rounds two and three; especially with the expansion of the production and with the ramp-up of the Sunny Central inverter production in Cape Town in the second quarter 2014.
“We are very pleased that with the launch of Sunny Central production in Cape Town we will also be able to supply all PV projects realized in South Africa with locally manufactured products,” says Dr. Jürgen Reinert, Executive Vice President Technology at SMA. “This will be particularly relevant for all of the PV projects that will be implemented as part of the third round of the REIPP program.”
In addition to the PV power plant in Kalkbult, SMA is also supplying central inverters and system technology to another two PV projects run by the Norwegian company Scatec Solar in South Africa. Work on the large-scale PV power plants in Dreunberg and Linde started in August 2013. A total of 125 Sunny Central inverters will be used in the two PV projects. Commissioning is planned for the first and/or second half of 2014.
About SMA
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
Sonnenallee 1
34266 Niestetal
Germany
Head of Corporate Communications:
Anja Jasper
Tel.: +49 561 9522-2805
mailto:Presse@SMA.de
Press contact:
Susanne Henkel
Manager Corporate Press
Tel.: +49 561 9522-1124
Fax +49 561 9522-421400
mailto:Presse@SMA.de
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Julia Damm
Manager Investor Relations
Tel. +49 561 9522-2222
Fax +49 561 9522-2223
mailto:IR@SMA.de
Disclaimer:
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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.