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TMCNet:  DGAP-News: SMA Solar Technology AG: SMA Supplies System Technology for World's Largest PV-Diesel Hybrid Power Plant

[August 14, 2014]

DGAP-News: SMA Solar Technology AG: SMA Supplies System Technology for World's Largest PV-Diesel Hybrid Power Plant

(DGAP Corporate News Via Acquire Media NewsEdge) DGAP-News: SMA Solar Technology AG / Key word(s): Miscellaneous SMA Solar Technology AG: SMA Supplies System Technology for World's Largest PV-Diesel Hybrid Power Plant 14.08.2014 / 15:19 --------------------------------------------------------------------- SMA Solar Technology AG - Corporate News SMA Supplies System Technology for World's Largest PV-Diesel Hybrid Power Plant with Battery Storage System Niestetal/Cobija, August 14, 2014-The world's largest PV-diesel hybrid power plant with battery storage system is currently being built in the Bolivian province of Pando. SMA Solar Technology AG (SMA) is not only supplying photovoltaic inverters for this project, but is also providing an SMA Fuel Save Controller for demand-driven control of solar power feed-in, as well as four newly developed inverters for large-scale battery storage systems that use lithium-ion technology.


This PV-diesel hybrid power plant with battery storage system and an output of approximately 5 MW is designed to generate enough clean solar power to cover about half of the energy demand in the provincial capital of Cobija and neighboring towns in northern Bolivia. The residents and companies of this area consume about 37 GWh of energy per year-and at a rate that is only increasing. Since the region is not connected to the public utility grid, power for the local grid has been produced exclusively with diesel generators. SMA is supplying six Sunny Central 800CP-XT inverters, four Sunny Central Storage 630 battery inverters and an SMA Fuel Save Controller as the central component of the hybrid system. The general contractor (EPC) for the project is Isotron S.A.U. (ISASTUR Group). The Bolivian electric utility company ENDE (Empresa Nacional de Electricidad) owns the power plant while the company Eléctrica Guarachi S.A. is tasked with project management.

Volker Wachenfeld, Senior Vice President Off-Grid & Storage at SMA, is excited about the pioneering use of the SMA Fuel Save Solution in this PV-diesel hybrid power plant, which will start supplying solar power by the end of the year. "Thanks to our intelligent control engineering, we are able to integrate even large shares of solar power into diesel-powered grids. This reduces operating costs and CO2 emissions as well as dependence on diesel fuel. The SMA Fuel Save Solution developed to meet this technological challenge has besides the inverters the SMA Fuel Save Controller as its core component. It acts as a demand-driven controller of solar power feed-in to the interface between the diesel generator, PV array and power load. The SMA Fuel Save Controller records the energy flows in the stand-alone grid and uses that information to determine the maximum permissible PV power. In this way, we can guarantee permanent system stability and ensure smooth control of the gensets." Previously only about 80% of the Bolivian population had access to electricity, which is why the government has embraced new methods of power generation and supply for its citizens. According to the statement made by the government spokesman Hugo Sosa last year, the main goal is to increase that share to 95% by 2015. And renewable energy will play an important role in achieving that goal. Due to a high degree of solar irradiation, Bolivia has significant potential for solar energy use. The technical requirements for the components used here are high given that the entire Bolivian plateau, which is the most central and largest part of the country, is almost 4,000 meters in altitude. SMA is represented in South America with a subsidiary in Santiago de Chile.

About SMA The SMA Group generated sales of more than EUR930 million in 2013 and is the global market leader for solar inverters, a key component of all PV plants, and offers innovative key technologies for future power supply structures. It is headquartered in Niestetal, near Kassel, Germany, and is represented in 21 countries. The Group employs more than 5,000 people worldwide. SMA's broad product portfolio includes a compatible inverter for every type of module on the market and for all PV system sizes. The product range includes system technologies for both grid-connected photovoltaic systems as well as off-grid and hybrid systems. The product portfolio is supplemented by comprehensive services and operational management of large-scale PV power plants. 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 also in the TecDAX index.

SMA Solar Technology AG Sonnenallee 1 34266 Niestetal Germany Head of Corporate Communications: Anja Jasper Phone: +49 561 9522-2805 Presse@SMA.de Press contact: Susanne Henkel Manager Corporate Press Phone: +49 561 9522-1124 Fax: +49 561 9522-421400 Presse@SMA.de Investor Relations contact: Julia Rother Manager Investor Relations Phone: +49 561 9522-2222 Fax: +49 561 9522-2223 IR@SMA.de Disclaimer: This corporate news 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.

This corporate news may 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 Executive 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, financial position, development or Company performance and the estimates given here. These factors include those that 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 in accordance with the actual outcomes or developments of previously made future-oriented statements.

--------------------------------------------------------------------- 14.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP 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 --------------------------------------------------------------------- 282311 14.08.2014

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