“SMA customers have a competitive advantage,” said Charles Ellis, vice president of sales for SMA America. “They know projects won’t be delayed or rejected due to this requirement. Customers can plan with confidence, knowing the interconnection applications will go through.”
Through Rule 21, California’s solar industry will lay the groundwork for greater renewable integration by enabling superior grid stability and utility communication and control. Current state law stipulates California must get 50 percent of its power from renewable sources by 2025 with a goal of reaching 100 percent by 2045. Additionally, these functions open up new opportunities for expanded revenue streams and future business models based on energy asset aggregation and management such as the Virtual Power Plant.
As the country’s largest state market and leader in renewable energy, California’s forward-thinking establishment of Rule 21 requirements is setting the standard for what other states are likely to adopt as their markets grow.
As 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 75 gigawatts have been installed in more than 190 countries worldwide. SMA’s multi-award-winning technology is protected by more than 1,400 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.
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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.