SMA to showcase its Technological Innovations for Energy sto

SMA to showcase its Technological Innovations for Energy storage with Grid Forming Capability at Renewable Energy India Expo 2022

Mumbai (Maharashtra) [India], September 22 (ANI/PRNewswire): SMA India, the subsidiary of SMA Solar Technology AG (SMA), a leading global provider of photovoltaic and storage systems, today announced its participation in Renewable Energy India Expo 2022 (REI) in Greater Noida, New Delhi. At the expo, SMA India will showcase a number of recent innovations, including the Sunny Central Storage 3950 UP battery inverter, SMA DC-DC Converter, and the SMA Power Plant Manager, which enable companies to realize attractive battery storage business models while meeting grid stability requirements. At REI, SMA technical experts will highlight the benefits of SMA's unique grid-forming solutions. Grid Forming is key to combining a 100 per cent green power supply with grid stability and resilience. It is an emerging technology that allows inverter-based energy sources such as solar energy to restart the grid independently. SMA is pioneering this development with the introduction of Grid Forming Solutions for energy storage plants. SMA's Grid Forming Solutions has stability use cases such as inertia, system strength, short-circuit level, system restoration, power system stabilizer and power quality. SMA has a global track record of completed Grid Forming plants with high ROI with projects in Europe and the US. Karan Singh, Director of Sales and Marketing India, SEEA and South Korea at SMA said, "With a design approach that is fundamentally rooted in simplicity and customer-centricity, SMA continues to disrupt the storage industry with innovative technology that enables transformation in a sustainable and cost-effective manner." Energy storage will play a crucial role in the future electricity grid Advanced energy storage is a swiftly evolving technology sector crucial for 21st-century electricity grids. Moreover, the Government of India has set a target of installing 175 Gigawatt (GW) of renewable energy capacity by the year 2022 and 450 GW by 2030. A large proportion of this capacity will come from hybrid projects, where energy storage will play a crucial role. Therefore, it is crucial to work with experts who are leading this development and setting industry standards to meet the energy requirements of modern businesses. Post the successful seminar on energy storage project deployment in India conducted in alliance with the India Energy Storage Alliance (IESA) in attendance of leading policymakers and think tanks from India including NITI Aayog, NTPC, MNRE, and SECI, REI 2022 now provides an ideal platform to demonstrate the significance of energy storage as an integral part of the electrical grid. SMA is particularly looking forward to presenting its innovative solutions and products to the trade public at this year's REI 2022 and to welcoming visitors to Hall 5, Stand 5.148. As one of the 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 115 gigawatts have been installed in more than 190 countries worldwide. SMA's multi-award-winning technology is protected by more than 1,700 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 and SDAX index. Website: https://www.sma-india.com/ SMA Solar India Private Limited Unit No. 701 and 717, 7th Floor Lodha Supremus, Kolshet Road Thane West - 400607, India Press Contact: Shailza Mittal Marketing Manager - India & SEA marketing@sma-india.com 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. This story has been provided by PRNewswire. ANI will not be responsible in any way for the content in this article. (ANI/PRNewswire)

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United States , Mumbai , Maharashtra , India , South Korea , New Delhi , Delhi , Frankfurt , Brandenburg , Germany , America , Shailza Mittal , Karan Singh , Lodha Supremus , Solar India Private , Solar Technology , Grid Forming Solutions , Renewable Energy India Expo , Standard Of The Frankfurt Stock Exchange , India Energy Storage Alliance , Greater Noida , Sunny Central Storage , Plant Manager , Forming Solutions , Grid Forming , Marketing India , Prime Standard , Frankfurt Stock Exchange , India Private , Managing Board , Mumbai Maharashtra India , Eptember 22 Ani Prnewswire Sma India , He Subsidiary Of Sma Solar Technology Ag , A Leading Global Provider Of Photovoltaic And Storage Systems , Oday Announced Its Participation In Renewable Energy India Expo 2022 Rei Greater Noida , Ew Delhi At The Expo , Ma India Will Showcasea Number Of Recent Innovations , Ncluding The Sunny Central Storage 3950 Up Battery Inverter , Ma Dc Converter , Nd The Sma Power Plant Manager , Hich Enable Companies To Realize Attractive Battery Storage Business Models While Meeting Grid Stability Requirements At Rei , Ma Technical Experts Will Highlight The Benefits Of Sma 39s Unique Grid Forming Solutions Is Key To Combininga 100 Per Cent Green Power Supply With Stability And Resilience It An Emerging Technology That Allows Inverter Based Energy Sources Such As Solar Restart Independently Pioneering This Development Introduction For Storage Plants Has Use Cases Inertia , System Strength , Short Circuit Level , System Restoration , Ower System Stabilizer And Power Quality Sma Hasa Global Track Record Of Completed Grid Forming Plants With High Roi Projects In Europe The Us Karan Singh , Irector Of Sales And Marketing India , Eea And South Korea At Sma Said , Uot Witha Design Approach That Is Fundamentally Rooted In Simplicity And Customer Centricity , Ma Continues To Disrupt The Storage Industry With Innovative Technology That Enables Transformation Ina Sustainable And Cost Effective Manner Quot Energy Will Playa Crucial Role In Future Electricity Grid Advanced Isa Swiftly Evolving Sector For 21st Century Grids Moreover , He Government Of India Has Seta Target Installing 175 Gigawatt Gw Renewable Energy Capacity By The Year 2022 And 450 2030a Large Proportion This Will Come From Hybrid Projects , Here Energy Storage Will Playa Crucial Role Therefore , T Is Crucial To Work With Experts Who Are Leading This Development And Setting Industry Standards Meet The Energy Requirements Of Modern Businesses Post Successful Seminar On Storage Project Deployment In India Conducted Alliance Iesa Attendance Policymakers Think Tanks From Including Niti Aayog , Ntpc , Aanre , Nd Seci , Ei 2022 Now Provides An Ideal Platform To Demonstrate The Significance Of Energy Storage As Integral Part Electrical Grid Sma Is Particularly Looking Forward Presenting Its Innovative Solutions And Products Trade Public At This Year 39s Rei Welcoming Visitors Hall 5 , Tand 5 148 As One Of The Leading Global Specialist In Photovoltaic And Storage System Technology , He Sma Group Is Setting The Standards Today For Decentralized And Renewable Energy Supply Of Tomorrow 39s Portfolio Containsa Wide Range Efficient Pv Battery Inverters , Olistic System Solutions For Pv And Battery Storage Systems Of All Power Classes , Ntelligent Energy Management Systems And Charging Solutions For Electric Vehicles Power To Gas Applications Digital Services As Well Extensive Up Including Operation Maintenance Pv Plants Round Off Sma 39s Range Inverters Witha Total Output Of More Than 115 Gigawatts Have Been Installed In 190 Countries Worldwide Multi Award Winning Technology Is Protected By 1 , 700 Patents And Utility Models Since 2008 , He Group 39s Parent Company , Sma Solar Technology Ag , As Been Listed On The Prime Standard Of Frankfurt Stock Exchange S92 And Is In Tecdax Index Sdax Website Https Www Sma India Com Solar Private Limited Unit No 701 717 , Th Floor Lodha Supremus , Olshet Road Thane West 400607 , Ndia Press Contact Shailza Mittal Marketing Manager India Amp Sea Sma Com Disclaimer This Release Serves Only As Information And Does Not Constitute An Offer Or Invitation To Subscribe For , Cquire , Old Or Sell Any Securities Of Sma Solar Technology Ag The Quot Company Present Future Subsidiary Together With , He Quot Sma Group Nor Should It Form The Basis Of , R Be Relied Upon In Connection With , Ny Contract To Purchase Or Subscribe For Any Securities In The Company Member Of Sma Group Commitment Whatsoever May Not Be Offered Sold United States America Absent Registration An Exemption From Under Us Act 1933 , S Amended This Press Release Can Contain Future Oriented Statements Are Which Do Not Describe Facts Of The Past They Also Include About Our Assumptions And Expectations These Based On Plans , Stimations And Forecasts Which The Managing Board Of Sma Solar Technology Ag Or Company Has Available At This Time Future Oriented Statements Are Therefore Only Valid On Day They Made By Nature Contain Risks Elements Uncertainty Various Known Unknown , Ncertainties And Other Factors Can Lead To Considerable Differences Between The Actual Results , He Financial Position , He Development Or The Performance Of Corporation And Estimates Given Here These Factors Include Those Which Sma Has Discussed In Published Reports Are Available On Website At Www De Company Accepts No Obligation Whatsoever To Update Future Oriented Statements Adjust Them Events Developments This Story Been Provided By Prnewswire Ani Will Not Be Responsible Any Way For Content Article ,

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