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MarketScreener Homepage  >  Equities  >  Xetra  >  SMA Solar Technology AG    S92   DE000A0DJ6J9

SMA SOLAR TECHNOLOGY AG

(S92)
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SMA Solar Technology : Sunny Boy Receives Award for Reliability and Performance

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05/16/2019 | 12:13pm EDT

2019-05-16

Millions of households worldwide rely on a Sunny Boy from SMA Solar Technology AG (SMA) for their solar power supply. The PV inverters have now once again been awarded for their reliability and performance. The Sunny Boy inverters scored top in a number of categories on the Inverter Reliability Scorecard from the independent testing institute PV Evolution Labs (PVEL). This scorecard provides a decision-making basis for selecting PV inverters for successful PV projects.

'We are thrilled that the reliability and performance of our Sunny Boy inverters have been recognized with this award,' said Charles Ellis, Vice President of Sales for the Americas at SMA. 'The inverter tests performed by PVEL cover various aspects such as temperature behavior, efficiency, power, fault behavior and failure behavior. They provide interest groups with important information on which PV investments are the safest and most attractive financially. Banks, project developers and EPCs, for example, can use the scorecard to select PV inverters for successful PV projects.'

To determine the top performers on the scorecard, PVEL identifies specific key figures and evaluations for the inverters in multiple test sequences. For the tests, the independent institute was given an SMA Sunny Boy 7.7-1SP-US-40 PV inverter, which was tested as a top inverter in three categories: power thermal cycling, passive chamber testing and 30-day runtime.

The full report complete with the inverter rankings can be found here.

About SMA
As a leading global specialist in photovoltaic system technology, the SMA Group is setting the standards today for the decentralized and renewable energy supply of tomorrow. SMA's portfolio contains a wide range of efficient PV inverters, holistic system solutions for PV systems of all power classes, intelligent energy management systems and battery-storage solutions as well as complete solutions for PV diesel hybrid applications. Digital energy services as well as extensive services up to and including operation and maintenance services for PV power plants round off SMA's range. SMA inverters with a total output of around 75 gigawatts have been installed in more than 190 countries worldwide. SMA's multi-award-winning technology is protected by more than 1,300 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 listed in the SDAX index.

SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Germany

Head of Corporate Communications:
Anja Jasper
Tel. +49 561 9522-2805
Presse@SMA.de

Press Contact:
Susanne Henkel
Manager Corporate Press
Tel. +49 561 9522-1124
Presse@SMA.de

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 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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Disclaimer

SMA Solar Technology AG published this content on 16 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 May 2019 16:12:01 UTC

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Sales 2019 830 M
EBIT 2019 7,44 M
Net income 2019 -6,50 M
Finance 2019 232 M
Yield 2019 0,53%
P/E ratio 2019 -
P/E ratio 2020 79,04
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