SMA Solar Technology : and MVV Energie AG Partner on Direct Marketing of Solar Power

05/31/17

Category: Corporate News

DGAP-News: SMA Solar Technology AG / Key word(s): Alliance
SMA Solar Technology AG: SMA Solar Technology AG and MVV Energie AG Partner
on Direct Marketing of Solar Power

31.05.2017 / 08:23
The issuer is solely responsible for the content of this announcement.

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Corporate news of SMA Solar Technology AG

SMA Solar Technology AG and MVV Energie AG Partner on Direct Marketing of
Solar Power

Niestetal/Mannheim, May 31, 2017 - SMA Solar Technology AG (SMA/FWB: S92)
and the Mannheim-based energy company MVV Energie AG (MVV/ISIN:
DE000A0H52F5; WKN: A0H52F) have entered a strategic partnership in direct
marketing of solar power. The aim is to work together to develop a solution
that enables installers and operators of PV systems with an output of more
than 100 kWp to integrate these systems directly into energy trading simply
and cost-effectively immediately upon commissioning. The goal is to make it
possible to do without the additional technology and processes currently
required for transactions, which entail significant capital expenditure for
PV system operators.

'SMA will use its unique expertise in PV system technology to evolve into an
energy service provider in the years to come,' explained SMA CEO
Pierre-Pascal Urbon. 'The strategic partnership agreed with MVV today is an
important milestone for our digitization strategy. In the future, we will be
able to offer commercial PV system operators both system technology for PV
systems and energy management solutions as well as straightforward
integration into energy trading. Our new digital platform gives commercial
customers considerable support in becoming more independent from
conventional electric utility companies and increasing their
competitiveness.'

'As an innovative frontrunner in the energy transition, we work on products
and services that enable our customers to shape their own energy transition
and thus become part of the energy system of the future,' emphasized Ralf
Klöpfer, chief sales officer at MVV. 'We thus support the further expansion
of renewable energy, which represents a key component of our corporate
strategy. In this new partnership, we will combine our expertise and
experience as the leading direct marketer in Germany with SMA's high
performance and market penetration.'

The Renewable Energy Sources Act (EEG) stipulates direct marketing of solar
power generated by PV systems with an output of 100 kWp or more. The
solutions currently available are often expensive and complicated. The new,
joint service from SMA and MVV will be economically attractive, because it
does not require any additional auxiliary devices for remote control of PV
systems. This communications technology is already included in SMA's
solutions for commercial PV systems. Using coordinated interfaces and
processes, MVV will take on all processing for integration into the
electricity market, thereby considerably reducing complexity. The joint
solution will be launched at the beginning of next year.

About SMA

The SMA Group with sales of around EUR1 billion in 2016 is the global market
leader for solar inverters, a key component of all PV plants. SMA offers a
wide range of products and solutions that allow for high energy yields for
residential and commercial PV systems and large-scale PV power plants. To
increase PV self-consumption efficiently, SMA system technology can easily
be combined with different battery technologies. Intelligent energy
management solutions, comprehensive services and operational management of
PV power plants round off SMA's range. The company is headquartered in
Niestetal, near Kassel, Germany, is represented in 20 countries and has more
than 3,000 employees worldwide, including 500 working in Development. SMA's
multi-award-winning technology is protected by more than 900 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 currently the only company in the solar industry that is listed
in the TecDAX index.

About MVV

With more than 6,000 employees and annual sales of EUR4.1 billion, the
listed company MVV Energie AG is one of Germany's leading energy companies.
The corporate group covers all parts of the energy industry value chain,
including energy generation, trading and distribution, own grids as well as
sales and energy service business. With its corporate strategy, MVV is
consistently focusing on the expansion of renewable energies, increase in
energy efficiency and heat and power cogeneration combined with
environmentally friendly district heating. Also sales concentrates on the
energy system of the future: The focus is on customers with their individual
needs and expectations. By developing innovative products and business
models, the Mannheim-based company relies on its employees' established
competence and know-how, thus providing its customers from industry, the
commercial sector and private households with reliable, economical and
environmentally friendly energy supply. MVV Energie is a company in
metropolitan Rhein-Neckar.

SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Germany
www.SMA.de

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
Fax +49 561 9522-421400
Presse@SMA.de

MVV Energie AG
Luisenring 49
68159 Mannheim
Germany
www.mvv.de

Head of Corporate Communications:
Roland Kress
Tel.: +49 621 290-3413
Fax: +49 621 290-2860
r.kress@mvv.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 or MVV Energie AG or any present or future
subsidiary of either of the Companies 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 corporate news 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) and the Managing Board of MVV have
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 corporations and the estimates given here. These factors
include those which SMA an MVV have discussed in published reports. These
reports are available on the SMA an MVV websites. The companies accept no
obligation whatsoever to update these future-oriented statements or to
adjust them to future events or developments.

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31.05.2017 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.
Archive at www.dgap.de

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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: www.sma.de
ISIN: DE000A0DJ6J9
WKN: A0DJ6J
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange

End of News DGAP News Service
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578909 31.05.2017

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