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Sunny Tripower CORE2: Flexible design for commercial rooftop and ground-mounted PV systems

Plan and implement commercial solar projects more easily and cost-efficiently. The new SMA string inverter Sunny Tripower CORE2 with 110 kW output offers installers maximum flexibility in the implementation of commercial rooftop and free-field systems. In solar systems with the Sunny Tripower CORE2, different module orientations can also be taken into account, so that system operators always achieve the highest energy yields during the course of the day. In addition, they benefit from future-proof options for storage integration and the direct selling of solar power. “The Sunny Tripower CORE2 rounds off our portfolio in the field of commercial PV inverters,” said Mathias Strippel, Platform Product Manager for Power Conversion at SMA. “The state-of-the-art 110 kW string inverter is perfect for the increasing demands on current and future commercial PV systems and gives installers maximum flexibility in the construction of on-roof and ground-mounted systems, as the 12 MPP trackers also allow for different module orientations and shading. Plant operators always achieve the highest yields during the course of the day and thus increase their use of solar power.” The Sunny Tripower CORE2 has 12 MPP trackers and 24 strings, ensuring maximum flexibility when it comes to system design and installation. It enables up to 150% overdimensioning of the PV array and is suitable for solar projects with up to 1,100 V DC. The integrated SMA ShadeFix software solution minimizes the impact of shading, while the integrated SMA Smart Connected service ensures automatic notification in the event of a fault and so reduces service and maintenance costs. The Sunny Tripower CORE2 is also suitable for bifacial PV modules. The Sunny Tripower CORE2 can be ordered now and will be shipped in Q 3, 2020. On June 22, SMA experts will showcase the Sunny Tripower CORE2 at the online event “Let's talk energy. POWER ON!”.All information on this can be found here. All information about the new Sunny Tripower CORE2 can be found on the website. About SMAAs a leading global specialist in photovoltaic 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 inverters, holistic system solutions for PV systems of all power classes, intelligent energy management systems and battery-storage solutions as well as 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 around 85 gigawatts have been installed in more than 190 countries worldwide. SMA’s multi-award-winning technology is protected by more than 1,500 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 SDAX index. SMA Solar Technology AGSonnenallee 134266 NiestetalGermany Head of Corporate Communications:Anja JasperTel. +49 561 9522-2805Presse@SMA.de Press Contact:Susanne HenkelManager Corporate PressTel. +49 561 9522-1124Presse@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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No need to fear shade: SMA ShadeFix in Action

NO NEED TO FEAR SHADE: SMA SHADEFIX IN ACTION I recently had a need to take a closer look at my PV system. Some partial shade had developed on one of the PV panels. Most people would think this shade would cause the whole system to under perform. However, SMA’s ShadeFix was actively minimizing any under performance. It was optimizing all PV panels, reducing the impact of shade, and maximizing energy output from the entire system. Read below to find out more about my own experience of SMA ShadeFix in action.Recently while showing off my solar system to a neighbor (I was also telling them about my recent Zero Cost Electricity bill), I noticed something did not look quite right. It appeared one of the components next to my east facing PV array had moved and might have been causing some slight shadowing. It made me wonder if it was causing some energy loss. How SMA ShadeFix optimizes yield & performanceIf you believe the marketing from other companies, the low power in my shaded PV panel would also reduce the power in my unshaded PV panels. Or that you need to optimize each PV panel individually to address shade. But in this case my SMA ShadeFix was actively regulating the entire PV system for maximum power. ShadeFix did this by intelligently changing the voltage and current operating point for the PV panels in string. For the unshaded panels, this made almost no difference to their output power, while the shaded panel was only losing about 10% of its power. Without ShadeFix, the losses for all PV panels and the system would have been much higher. SMA ShadeFix meant all PV panels were able to operate at their maximum power, optimizing the total system power.SMA ShadeFix in ActionWhen the shading occurred in the solar array, SMA ShadeFix kicked into action. It optimized the voltage of the string to reduce the impact of the shading so only the shaded PV panel’s output power was being reduced. In this way, the output power from the other panels was almost unaffected when compared to unshaded conditions. Comparison of the PV array and the affected PV module with both Shaded and Unshaded conditions The value of monitoring and the Sunny Portal For years I have explained to installers and customers about the benefit of system monitoring in the Sunny Portal, and how it can guarantee their system’s energy yield and performance. The SMA Sunny Portal made it possible for me to detect the nature and severity of the problem. This could have led to under performance over an extended period if undetected or resulted in the early failure of one of my PV panels. Either outcome would have been costly for me. However since the SMA PowerUP Solar Expert who installed my system took the extra 10-15 minutes to complete the setup of system monitoring, I was able in a few clicks to detect the problem and take the corrective actions to return my system to full power. Sunny Portal comparison of shaded and non-shaded PV module power.

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SMA Solar Technology AG increases sales considerably in the first quarter of 2020 and makes profit again

SMA SOLAR TECHNOLOGY AG INCREASES SALES CONSIDERABLY IN THE FIRST QUARTER OF 2020 AND MAKES PROFIT AGAIN Overview Q1 2020:⦁ Lower system costs thanks to less components⦁ Sales increased to €288 million (Q1 2019: €168 million) and EBITDA to €12 million (Q1 2019: €1 million)⦁ Financial stability thanks to solid equity ratio of 40% (December 31, 2019: 38%)⦁ High order backlog of €797 million, of which €376 million is attributable to the product business⦁ Managing Board confirms its sales and earnings guidance for the 2020 fiscal yearIn the first quarter of 2020, SMA Solar Technology AG (SMA/FWB: S92) sold PV inverters with a total output of around 4.4 GW (Q1 2019: 1.8 GW). Sales increased by 72% compared with the first three months of the previous year to €288 million (Q1 2019: €168 million). The growth is mainly the result of the strong project business in the U.S. and the ongoing positive trade business in Europe. From January to March 2020, EBITDA amounted to €12 million, considerably higher than the comparative figure for the previous year (EBITDA margin: 4.3%; Q1 2019: €1 million, 0.4%). Order intake developed positively in all segments in the first quarter.Net income broke even in the first quarter of 2020 (Q1 2019: –€11 million). Earnings per share thus amounted to –€0.01 (Q1 2019: –€0.30). With net cash of €243 million (December 31, 2019: €303 million) and an equity ratio of 40.3% (December 31, 2019: 37.6%), SMA continues to have a solid balance-sheet structure.“SMA made a good start to 2020,” said SMA CEO Jürgen Reinert. “We increased sales and earnings considerably in the first quarter and generated positive EBIT of €1.6 million. Order intake also continued to develop very well at €330 million in the first three months of the year. Through active management and process adjustments, we have maintained our supply chain and our production capacity in the coronavirus crisis and suffered only minor supply shortages. The sales and product-related order backlog of the first quarter already cover over 60% of the Managing Board’s sales guidance for the 2020 fiscal year. On this basis, we continue to assume that we will meet our sales and earnings targets and increase our market shares in key target markets.”Despite the current coronavirus crisis, the SMA Managing Board is confirming its sales and earnings guidance for the 2020 fiscal year published on February 7, 2020. It predicts a sales increase to between €1.0 billion and €1.1 billion. SMA is well positioned to gain market shares even in the current circumstances. In addition, the Managing Board is implementing further cost reduction measures. In this context, the SMA Managing Board is still expecting an increase in EBITDA of between €50 million and €80 million.The quarterly statement for January to March 2020 can be found at www.SMA.de/IR/FinancialReports. SMA’s Annual General Meeting will be held on June 4, 2020.About SMAAs a leading global specialist in photovoltaic 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 inverters, holistic system solutions for PV systems of all power classes, intelligent energy management systems and battery-storage solutions as well as 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 around 85 gigawatts have been installed in more than 190 countries worldwide. SMA’s multi-award-winning technology is protected by more than 1,500 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 SDAX index.SMA Solar Technology AGSonnenallee 134266 NiestetalGermanyHead of Corporate Communications:Anja JasperTel. +49 561 9522-2805Presse@SMA.dePress Contact:Susanne HenkelManager Corporate PressTel. +49 561 9522-1124Presse@SMA.deDisclaimer: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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SMA’s IoT platform for energy management ennexOS receives iF gold award for service design and user experience

SMA’S IOT PLATFORM FOR ENERGY MANAGEMENT ENNEXOS RECEIVES IF GOLD AWARD FOR SERVICE DESIGN AND USER EXPERIENCE Those who use energy efficiently benefit from a more sustainable life and save costs. SMA offers private customers and PV experts innovative, digital solutions for monitoring and optimizing all energy flows in households and companies. The basis for this is the IoT platform for energy management ennexOS, which makes holistic, intelligent energy management particularly user-friendly. For this, SMA has now been awarded the renowned iF gold award in the Service Design category.The iF-award jury praised the service design of the IoT platform for energy management - developed together with the Kassel-based agency chilli mind – especially for the clear, fast user guidance in all areas. Among other things, the award-winning user interface scores points with its clearly laid out dashboards that show all data on energy producers and consumers in the household or company at all times. This makes it easy to identify and avoid power consumption peaks, for example. Users can thus optimize their energy system at any time and save energy costs. The clear user guidance of the user interface also makes it easy for users to transfer data seamlessly and quickly to all SMA apps and portals based on ennexOS.Optimise energy systems - save costs"The IoT platform for energy management ennexOS enables our customers to monitor, control and connect different energy sectors such as heating, air conditioning, electricity and mobility via app or in the SMA portals and thus save costs", says Andreas Strusch, Platform Product Manager for ennexOS at SMA. "With the applications based on ennexOS, users can manage their energy balance efficiently and furthermore benefit from new business models. SMA thus creates the possibilities for all users to use all advantages of the digital and connected energy world today and in the future".The iF Design Award is presented annually by the world's oldest independent design institution, iF International Forum Design GmbH in Hanover. It is one of the most important design prizes in the world and is a trademark when it comes to excellent design. In 2020 the award was presented for the 67th time. A total of 7,298 companies from 56 countries had submitted their products for the awards in various disciplines. 1,453 participants received an iF award, 75 of them the iF gold award.About SMAAs a leading global specialist in photovoltaic 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 inverters, holistic system solutions for PV systems of all power classes, intelligent energy management systems and battery-storage solutions as well as 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 85 gigawatts have been installed in more than 190 countries worldwide. SMA’s multi-award-winning technology is protected by approximately 1,500 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 SDAX index.SMA Solar Technology AGSonnenallee 134266 NiestetalGermanyHead of Corporate Communications:Anja JasperTel. +49 561 9522-2805Presse@SMA.dePress Contact:Susanne HenkelManager Corporate PressTel. +49 561 9522-1124Presse@SMA.deDisclaimer: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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SMA inverters featuring integrated yield optimization outperform module optimizers

SMA INVERTERS FEATURING INTEGRATED YIELD OPTIMIZATION OUTPERFORM MODULE OPTIMIZERS Module optimizer or inverter with integrated yield optimization? This is the question that solar power professionals ask themselves before installing a PV system – especially when it comes to shading. A study by the University of Southern Denmark (SDU) now has the answer. It shows that in almost all applications, a PV system with modern string inverters can achieve higher yields than a system with conventional module optimizers. The lower number of electric components in the PV system also minimizes error susceptibility. Installation time and costs are reduced and maintenance work is easier.“When we develop our inverters, we aim for fully integrated functions from the outset. SMA ShadeFix is a digital, integrated software solution that comprehensively optimizes energy yield in PV systems. It outperforms conventional hardware-based methods of optimizing yield in PV systems,” said Nick Morbach, Executive Vice-President of the Home and Business Solutions business unit at SMA. “The study by the SDU provides the evidence that we are on the right track. Innovative inverters from SMA have all the functions that our customers need and ensure the highest yields in PV systems. No additional components are needed, even for shaded modules. This reduces the number of electronic components used by a factor of 30 compared with a system featuring module optimizers. This has an extremely positive effect on the reliability and safety of the PV system and on the environment.”SMA string inverters are developed to deliver highly efficient yield optimization. This is why SMA has consistently enhanced MPP tracking (orientation toward the PV module’s optimum power). The SMA ShadeFix software ensures that the global maximum performance of each PV module string is reliably detected and the available energy of the modules is utilized as effectively as possible at all times.Only in PV systems with heavy shading could better values be achieved by selectively using module optimizers, according to Associate Professor Wulf-Toke Franke of the SDU. However, he also said that error susceptibility increased in PV systems with module optimizers. More system components mean more connectors, increasing the risk of system failures and fires. On the whole, the study (The Impact of Optimizers for PV Modules) thereby contradicts general statements about additional energy yields gained through the use of optimizers. It finds only very few scenarios where the use of optimizers improves system performance.All information about the digital software solution SMA ShadeFix can be found here.About SMAAs a leading global specialist in photovoltaic 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 inverters, holistic system solutions for PV systems of all power classes, intelligent energy management systems and battery-storage solutions as well as 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 around 85 gigawatts have been installed in more than 190 countries worldwide. SMA’s multi-award-winning technology is protected by more than 1,500 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 SDAX index.SMA Solar Technology AGSonnenallee 134266 NiestetalGermanyHead of Corporate Communications:Anja JasperTel. +49 561 9522-2805Presse@SMA.dePress Contact:Susanne HenkelManager Corporate PressTel. +49 561 9522-1124Presse@SMA.deDisclaimer: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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