Corporate | 4 October 2012 11:30
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SMA Solar Technology AG / Key word(s): Miscellaneous
SMA Solar Technology AG – Corporate News SMA Solar Technology AG Supplies Inverters for Japan's Largest Solar Power Plant Niestetal/Tokyo, October 4, 2012 – In June this year SMA Solar Technology AG (SMA) as the first European or U.S. manufacturer received JET certification for sale on the Japanese market for two inverters in the residential segment. Now, the company took yet another step in successfully entering the promising Japanese market in the industrial segment: SMA was chosen as the sole inverter supplier for Japan's largest solar power plant. The 70 megawatt project operated by Kagoshima Mega Solar Power Corporation will be located in Kagoshima City in Southern Japan and is due to be completed by fall of 2013. Construction of the plant has already started in September. SMA will deliver a total of 140 Sunny Central 500CP-JP inverters. The inverters have been customized directly to the requirements of the Japanese markets. Even though JET certification is not required for utility scale central inverters, SMA has put the devices through tests similar to the tests performed by the Japan Electrical Safety & Environment Technology Laboratories (JET) on inverters in the residential segment. The Sunny Central inverters guarantee the highest yields for large-scale PV plants over 500 kilowatt and can be installed directly outdoors thanks to their robust enclosure. The first devices have already been shipped from Germany. In addition to the inverters, SMA will deliver 1 260 Sunny String Monitors for the monitoring of the whole plant. 'Having been chosen by Kagoshima Mega Solar Power Corporation as the sole inverter supplier for Japan's largest PV power plant represents yet another milestone for SMA in Japan. We will also start to sell our JET certified Sunny Boy inverters for rooftop installations this month,' explained Pierre-Pascal Urbon, Speaker of the Managing Board and Chief Financial Officer for SMA. 'The introduction of a feed-in tariff for solar power three months ago and the decision of the government to phase out nuclear power by 2040 announced last month underline Japan's desire to establish itself as a major market for photovoltaics worldwide. In the coming years, we expect strong growth in all market segments.'
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This corporate news 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. End of Corporate News 04.10.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | SMA Solar Technology AG | |
| Sonnenallee 1 | ||
| 34266 Niestetal | ||
| Germany | ||
| Phone: | +49 (0)561 / 9522 – 0 | |
| Fax: | +49 (0)561 / 9522 – 100 | |
| E-mail: | info@sma.de | |
| Internet: | http://www.sma.de | |
| ISIN: | DE000A0DJ6J9 | |
| WKN: | A0DJ6J | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 187433 04.10.2012 |