SMA Again Ranked as a Top O&M Service Provider in 2017

Niestetal, (PresseBox) - On the heels of significant wins and expansion of SMA Solar Technology’s (SMA) O&M services in 2017, the recently issued GTM Research report „Global Solar PV O&M 2017 – 2022“ dubbed SMA a top O&M service provider among all O&M vendors worldwide. Notably, the company moved up in its rankings across categories since 2016.

According to the report, in the inverter manufacturer category, SMA was ranked the No. 1 O&M vendor in North America, and No. 2 globally, moving up a spot from last year’s global ranking.

Across the entire market, SMA is the No. 7 O&M vendor globally. The company ranks fourth in the industrial segment (system size 1 to 5 MW), and No. 5 in the utility segment (system size more than 5 MW), moving up from eighth in 2016. In North America and in the U.S., SMA is the No. 6 O&M vendor across the market and No. 5 in the utility segment.

“In 2017, we again improved our excellent position in the intense competition between O&M service providers worldwide,” explained SMA CEO Pierre-Pascal Urbon. “None of our competitors has such long-standing experience, great expertise and local presence in all key photovoltaic markets as SMA. Our plant-wide full-service offering, which extends from monitoring to the complete operational management of PV power plants, sets standards in the industry. Our scalable O&M solutions, which are tailored for individual requirements, ensure optimum plant yields and secure our customers’ investments worldwide.”

SMA secured several large-scale O&M contracts in 2017, including major contracts for two pv power plants with a total capacity of 180 MW in Chile and a 10-year master services agreement with Cypress Creek in the U.S. SMA Service currently has more than 2.5 GW of solar assets under operation and maintenance (O&M) agreements worldwide, which are monitored from SMA’s Solar Monitoring Centers located in California and Germany. A press picture can be downloaded here.

Disclaimer: 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 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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SMA Solar Technology AG

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.

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