Corporate | 4 December 2012 09:25
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SMA Solar Technology AG / Key word(s): Miscellaneous
SMA Solar Technology AG – Corporate News SMA Sales and Service Companies in Chile and South Africa Start Operations Niestetal/Santiago/Centurion, December 4, 2012 – SMA Solar Technology AG (SMA) has expanded its global presence with new sales and service companies in South Africa and Chile. In these markets of the future, the global market leader is initially concentrating on installations in the power plant category, while at the same time also offering PV inverters and system technology for all other plant sizes. In addition, the new offices provide professional consulting for photovoltaic project planning, customer training and an extensive range of services. With over 300 days of sunshine per year, South Africa and Chile are among the regions with the world's highest solar irradiation. At the same time, both countries have a good economic growth with a corresponding increase in energy demand. SMA has already achieved first successes in these emerging markets. The largest PV plant to date in the northwest of Chile was equipped with the state-of-the-art inverter technology from SMA. The installed SMA inverters of the Sunny Tripower product family have the required grid management functions and were successfully connected to the Chilean Central Interconnected System SIC (Sistema Interconectado Central). In South Africa, SMA has already been awarded five projects in the first round of the Renewable Energy Independent Power Producer Procurement Program. SMA will supply central inverters and Transformer Compact Stations to the Northern Cape region. 'The main growth impulses will come from markets outside Europe. Particularly in countries with high solar irradiation and rapidly increasing energy demand, PV already represents the most efficient alternative compared to other forms of power generation. Therefore, Chile and South Africa are of strategic importance for SMA,' explains Pierre-Pascal Urbon, Speaker of the SMA Managing Board. Against the background of frequently adverse environmental conditions and extreme temperatures in these regions, exceptional product quality, high expertise levels in the field of system technology and a fast and reliable service are indispensable for efficient plant operation. The opening of the offices in Santiago (Chile) and Centurion (South Africa) is a further step in SMA's successful internationalization strategy. The company is represented in all key PV markets in 21 countries around the globe.
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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 04.12.2012 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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| 195741 04.12.2012 |