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SMA SOLAR TECHNOLOGY AG

(S92)
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SMA Solar Technology : is a finalist for the 14th German Sustainability Award

09/14/2021 | 03:02pm EDT
2021-09-14
SMA is a finalist for the 14th German Sustainability Award

SMA Solar Technology AG (SMA) has been named a finalist for the 14th German Sustainability Award. The expert jury selected SMA as one of the top companies in the transformation field of climate. SMA convinces with forward-looking innovations and solutions for a fast decarbonization towards climate neutrality. The renowned German Sustainability Award will be presented in Düsseldorf on December 3, 2021.

'As a company that contributes to mitigating climate change with innovative technology, we were able to convince the expert jury and, as a finalist of the German Sustainability Award, we are already one of the best in the transformation field of climate with our contribution,' says SMA Chief Executive Officer Jürgen Reinert. 'The nomination is a great appreciation and incentive for all SMA employees to continue driving the energy transition in the future with technological innovations and solutions and our comprehensive sustainability strategy.'

'Climate change, plastic waste, species extinction. Sustainability has become a question of humanity's survival,' says Stefan Schulze-Hausmann, initiator of the German Sustainability Award. 'Our finalists are driving the transformation and are contributing to its implementation with high ecological standards in production and special social commitment in the supply chain. Can companies save the world? A look at the DNP finalists shows how powerful their impact can be as drivers of change.'

The winners of the 14th German Sustainability Award will be announced in Düsseldorf on December 3, 2021. The award is the largest and most prestigious of its kind in Europe. For 14 years, the Stiftung Deutscher Nachhaltigkeitspreis e.V. (German Sustainability Award Foundation), in cooperation with the German government, business associations, civil society organizations and research institutions, among others, has honored companies where sustainability is part of the business model. Awards are given to business players who make effective contributions to transformation with innovative products and services, high ecological standards in production or special social commitment in their value chain.


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 charging solutions for electric vehicles and power-to-gas 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
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 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2021 19:01:04 UTC.


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Last Close Price 40,24 €
Average target price 40,50 €
Spread / Average Target 0,65%
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Jürgen Reinert Chief Executive Officer
Ulrich Hadding Head-Finance, Human Resources & Legal
Uwe Kleinkauf Chairman-Supervisory Board
Johannes Häde Member-Supervisory Board
Oliver Dietzel Member-Supervisory Board
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