SMA Solar India Receives Indian Industrial Excellence Award

(PresseBox) ( Niestetal/Mumbai, )
The Indian Economic Development Research Association (IEDRA) has honored SMA Solar India, the Indian sales and service company of SMA Solar Technology AG (SMA), with the Indian Industrial Excellence Award. With this prize, the association recognizes SMA Solar India's exceptional accomplishments in the area of photovoltaics and the company's commitment to providing the country with a reliable and clean power supply.

"Since its founding in 2010, SMA Solar India has experienced excellent momentum and success in this strategically important market. Already with a total output of several hundred gigawatts, our team in India has equipped PV projects of all power classes and for all applications with inverters and system technology and has supported our customers with comprehensive service. Being honored with the Indian Industrial Excellence Award further emphasizes the fact that our employees in India are making an important contribution to the economic development there," explains SMA Chief Executive Officer Pierre-Pascal Urbon.

Within the framework of the governmental incentive program "National Solar Mission," SMA Solar India recently equipped the largest PV project yet with 37 Sunny Central 800CP inverters. The 40 megawatt PV power plant in Rajasthan went into operation in February. Currently, the first photovoltaic diesel hybrid system in the megawatts in India is being completed using SMA system technology.


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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