Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

SMA Solar Technology : Hessian Minister of Economics Tarek Al-Wazir Opens New SMA Test Center

08/26/2021 | 02:51am EDT
Hessian Minister of Economics Tarek Al-Wazir Opens New SMA Test Center

SMA Chief Executive Officer Jürgen Reinert was yesterday joined by Hessian Minister of Economics Tarek Al-Wazir to inaugurate the new SMA EMC Test Center. The electromagnetic compatibility (EMC) test hall will enable comprehensive testing for inverters and systems with high electrical outputs of up to five megawatts. SMA has invested around €6 million in the construction of the state-of-the-art test center and is thus clearly committed to Germany as a location.

'Photovoltaics is becoming one of the most important pillars of our energy supply worldwide. With this in mind, ever higher demands are being placed on the safety and integration capacity of PV inverters,' explained SMA CEO Jürgen Reinert. 'Our new test center - which we suspect is the only one of its kind in the world - will enable us to reliably and rapidly test even very large systems for electromagnetic compatibility. This will give us the confidence that our future solutions for PV power plants will too meet the safety requirements of international markets. As an energy transition company, we are investing in the future so that SMA can tap into the potential of the ever-growing global PV market.'

'SMA is demonstrating that the energy transition is a promising business model for the future'
'SMA has been an innovation and technology driver of the energy transition for 40 years,' declared Hessian Minister of Economics Tarek Al-Wazir (Green Party) as he took a tour of the new SMA Test Center for large-scale PV and battery inverters in Kassel. He said that the new EMC hall underscored the high quality and performance standards that SMA sets for itself and its products. 'SMA is demonstrating that the energy transition not only makes ecological sense, but is also a promising business model for the future.'

EMC tests for inverters and other applications
SMA's cutting-edge EMC test hall will cover around 740 square meters of laboratory space. Devices weighing up to 30 tons and emitting as much as 200 kW of waste heat will be tested there in the future. It will be possible to measure radiated interference and interference immunity at distances of up to ten meters. The facility will be capable of testing a range of devices, including future generations of the recently launched Sunny Central UP central inverter. There are also plans to make the test facility available to external companies in fields such as e-mobility, wind energy and rail.

The tests for electromagnetic compatibility will ensure that the electronic components installed in the inverters and other devices do not cause interference that could affect other applications. At the same time, the EMC tests will prevent external electromagnetic waves from having any damaging effect on the devices.

About SMA
As a leading global specialist in photovoltaic and storage 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 and battery inverters, holistic system solutions for PV and battery-storage systems of all power classes, intelligent energy management systems and 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 more than 100 gigawatts have been installed in more than 190 countries worldwide. SMA's multi-award-winning technology is protected by more than 1,600 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 TecDAX index.

SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal

Head of Corporate Communications:
Anja Jasper
Tel. +49 561 9522-2805

Press Contact:
Susanne Henkel
Manager Corporate Press
Tel. +49 561 9522-1124

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.

« back


SMA Solar Technology AG published this content on 26 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 August 2021 06:50:08 UTC.

ę Publicnow 2021
09/23PRESS RELEASE : Marinomed's Investor Relations to be Strengthened by Stephanie Kniep
09/14SMA SOLAR TECHNOLOGY : is a finalist for the 14th German Sustainability Award
09/10SMA SOLAR TECHNOLOGY AG : Receives a Buy rating from Berenberg
09/07SMA SOLAR TECHNOLOGY AG : Jefferies reiterates its Neutral rating
09/06SMA SOLAR TECHNOLOGY AG : Jefferies remains Neutral
09/06SMA SOLAR TECHNOLOGY : Managing Board of SMA Solar Technology AG adjusts forecast for the ..
09/06PRESS RELEASE : Managing Board of SMA Solar Technology AG adjusts forecast for the current..
09/06SMA SOLAR TECHNOLOGY : Managing Board of SMA Solar Technology AG adjusts forecast for the ..
09/06SMA SOLAR TECHNOLOGY AG : SMA adjusts sales and earnings forecast
09/06SMA Solar Technology AG Adjusts Sales and Earnings Forecast for the Year 2021
More news
Analyst Recommendations on SMA SOLAR TECHNOLOGY AG
More recommendations
Sales 2021 996 M 1 155 M 1 155 M
Net income 2021 5,94 M 6,89 M 6,89 M
Net cash 2021 261 M 303 M 303 M
P/E ratio 2021 237x
Yield 2021 0,25%
Capitalization 1 400 M 1 624 M 1 624 M
EV / Sales 2021 1,14x
EV / Sales 2022 1,02x
Nbr of Employees 3 452
Free-Float 29,5%
Duration : Period :
SMA Solar Technology AG Technical Analysis Chart | S92 | DE000A0DJ6J9 | MarketScreener
Technical analysis trends SMA SOLAR TECHNOLOGY AG
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 40,34 €
Average target price 40,50 €
Spread / Average Target 0,40%
EPS Revisions
Managers and Directors
JŘrgen Reinert Chief Executive Officer
Ulrich Hadding Head-Finance, Human Resources & Legal
Uwe Kleinkauf Chairman-Supervisory Board
Johannes Hńde Member-Supervisory Board
Oliver Dietzel Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
BROADCOM INC.14.94%207 146