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SMA supplies 1.2 GW inverter power for utility scale PV projects in AustraliaSydney, )
“2017 represents a ground breaking year for solar farm development in Australia, thanks to improved economic factors and pervasive market interest”, said John Susa, Executive Vice President of SMA Sales North America/APAC. “We are extremely proud to announce that our Medium Voltage Power Station and the SMA Power Plant Controller have been selected for several large scale PV projects funded by the Renewable Energy Agency (ARENA) in Australia this year. This success has been achieved by working closely with different developers and EPCs. In addition, we were successful in securing contracts for delivering Sunny Central inverters, MVPS and the SMA Power Plant Controller for another nine utility-scale PV projects. We feel honoured to become part of the booming utility market in Australia with our best-in-class turnkey container solution MVPS and we expect an even better performing 2018 in front of us.”
ARENA has been playing a vital role providing bridge funding for projects that will make large-scale solar photovoltaics more competitive. ARENA has funded twelve large scale solar farms across Australia this year through a competitive process that is expected to result in almost 500 MW power generation. The twelve PV power plants in the Large Scale Solar (LSS) Program range from 10 MW to 110 MW and are located in Queensland (six plants), in New South Wales (five plants) and in Western Australia (one plant). The projects are expected to unlock almost $1 billion of commercial investment and boost regional Australian economies.
SMA has had a presence in Australia for 10 years and offers solutions for centralized and decentralized PV power plants as well as for residential PV applications and PV hybrid projects. The local team consists of over 40 skilled engineering, sales, marketing and service staff. SMA Australia has sales personnel across the country and a strong product distribution network with national coverage. SMA regularly hosts customer training events, manages service requests and responds to technical enquiries. Besides, SMA experts provide support with planning and design, engineering and project management as well as installation and commissioning, which enables SMA with a unique market position in the solar industry.
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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