SMA Supplies System Technology to EVN’s First Large-Scale Solar Plant in Vietnam

“In the middle-south region of Vietnam where the PV project is located, the performance of the inverter capacity under high temperature and high humidity is of fundamental importance. Due to SMA’s demanding testing procedures for central inverters, our Sunny Central inverters are perfectly suited for the operation under these environmental conditions. They address the demand with full nominal power in continuous operation at ambient temperatures up to 50°C and 100% relative humidity”, said John Susa, EVP of SMA Global Sales & Service.

The power plant located in Cu Jut/Dak Nong Province is developed and owned by Vietnamese local company EVN-CHP. This plant is the first COD plant developed and owned by EVN, the Vietnam national utility company. EVN is also the final buyer of all solar electricity in Vietnam. The entire plant has gone into operation on April 19 of 2019. It will be entitled with a FiT of USD 0.0935 per kWh under the existing solar feed-in tariff (FiT) scheme for all the solar projects commissioned by end of June, 2019.

“SMA is one of the industry leaders, and has rich experience in large-scale solar projects worldwide. We are very happy to be able to use its new turnkey solution in our project, which offers even more power density in a 40-foot container and is easy to transport and quick to assemble and commission,” said the project director of SUMEC-CEEC.

About SUMEC
SUMEC Complete Equipment & Engineering Co. Ltd (SUMEC-CEEC) is one of the core enterprises of SUMEC Group Corporation. Entitled with the right to contract for international projects and the right to operate overseas labour cooperation, the company is specialized in contracting for various kinds of projects and supply of all kinds of complete mechanical and electrical equipment. With the strong comprehensive strength, the company has accomplished remarkable achievements in all sectors, and the business of the company is vigorously flourishing with business partners spreading all walks of life both home and abroad. The scope of business of the company covers environment engineering, energy engineering, construction of various kinds of industrial plants and infrastructure projects etc.

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.