Company Profile

About SMA America, LLC

SMA America, LLC is the U.S. subsidiary of SMA Solar Technology AG, based in Germany. With over three gigawatts installed, SMA is the world leader in solar inverter technology and manufacturing with divisions in nine countries on four continents. SMA is committed to its leadership role, offering exceptional value with the most efficient and reliable solar inverters in the industry.  SMA takes special pride in promoting renewable energy solutions at all levels, through education, information and support for the general public, solar installers as well as small and large businesses worldwide.

About SMA Solar Technology AG

SMA Solar Technology AG develops, produces and sells solar inverters and monitoring systems for photovoltaic applications. SMA is the world’s largest producer in this segment and is the only vendor that has a product range with the matching inverter type for any module type and any power class. This applies for grid tied applications as well as island and backup operation.

The inverter is technologically the most important component in any solar power system: it converts the direct current generated in photovoltaic cells into alternating current suitable for the grid. In addition, it is an intelligent system manager, responsible for yield monitoring and grid management. Solar inverters are characterized by a particularly high efficiency. The Sunny Mini Central produced by SMA already has an efficiency of over 98 %, which allows for increased electricity production.

SMA’s business model is driven by technological progress. Due to its flexible and scalable production, SMA is in a position to quickly respond to customer demands and promptly implement product innovations. This allows the Company to easily keep pace with the dynamic market trends of the photovoltaic industry and at the same time absorb short-term fluctuations in demand for solar inverters.

SMA Solar Technology AG is headquartered in Niestetal, near Kassel, and is represented by sales and service subsidiaries on four continents in thirteen countries. This group of companies employs more than 4,000 employees (incl. temporary staff) and has been distinguished several times in previous years with awards for its outstanding performance as an employer. Since June 27, 2008, the Company has been listed in the Prime Standard of the Frankfurt Stock Exchange (S92), and since September 22, 2008, the Company’s shares have been listed in the TecDAX. In 2008, SMA generated an earnings before interest and taxes (EBIT) of more than € 165 million from a turnover of more than
€ 680 million. This corresponds to an EBIT margin of over 24 %.

Facts and Figures

Headquarters: Kassel/Niestetal, Germany

Founded: 1981

Number of Employees: more than 4,000 (incl. temporary staff)

Turnover: more than € 680 Mio. (2008)

Product areas: Solar Technology, Innovative Energy Systems

Board of directors:
Dipl.-Ing. Günther Cramer (Chief Executive Officer)
Dipl.-Ing. Peter Drews (Chief Operating Officer)
Dipl.-Ing. Roland Grebe (Chief Technology Officer)
Dipl.-Kfm. Pierre-Pascal Urbon (Chief Financial Officer)
Dipl.-Ing. Marko Werner (Chief Sales Officer)

Supervisory Board:
Dr. jur. Erik Ehrentraut (Chairman)
Dipl.-Ing. Reiner Wettlaufer (Deputy Chairman)
Prof. (em) Dr.-Ing. Werner Kleinkauf
Dr. Winfried Hoffmann
Dipl.-Ing. Johannes Häde (employee representative)
Mirko Zeidler (employee representative)

Subsidiaries/Foreign Subsidiaries:
SMA Railway Technology GmbH
SMA Technology Korea Co., Ltd, Korea
SMA Australia Pty Ltd, Australia
SMA Italia S.r.l., Italy
SMA Ibérica Tecnología Solar, S.L., Spain
SMA France S.A.S., France
SMA Hellas AE, Greece
SMA Solar Technology America, LLC, USA
SMA Beijing Commercial Company Ltd., China
SMA Benelux SPRL, Belgium
SMA Czech Republic s.r.o., Czech Republic
Niestetal Services, Unipossoal Lda
SMA Middle East LLC, United Arab Emirates
SMA America Production, LLC, USA