SMA Solar Technology AG – Press Release SMA Sales and Service Companies in Chile and South Africa Start Operations Niestetal/Santiago/Centurion, December 4, 2012 – SMA Solar Technology AG (SMA) has expanded its global presence with new sales and service companies in South Africa and Chile. In these markets of the future, the global market leader is initially concentrating on installations in the power plant category, while at the same time also offering PV inverters and system technology for all other plant sizes. In addition, the new offices provide professional consulting for photovoltaic project planning, customer training and an extensive range of services. With over 300 days of sunshine per year, South Africa and Chile are among the regions with the world's highest solar irradiation. At the same time, both countries have a good economic growth with a corresponding increase in energy demand. SMA has already achieved first successes in these emerging markets. The largest PV plant to date in the northwest of Chile was equipped with the state-of-the-art inverter technology from SMA. The installed SMA inverters of the Sunny Tripower product family have the required grid management functions and were successfully connected to the Chilean Central Interconnected System SIC (Sistema Interconectado Central). In South Africa, SMA has already been awarded five projects in the first round of the Renewable Energy Independent Power Producer Procurement Program. SMA will supply central inverters and Transformer Compact Stations to the Northern Cape region. ”The main growth impulses will come from markets outside Europe. Particularly in countries with high solar irradiation and rapidly increasing energy demand, PV already represents the most efficient alternative compared to other forms of power generation. Therefore, Chile and South Africa are of strategic importance for SMA,” explains Pierre-Pascal Urbon, Speaker of the SMA Managing Board. Against the background of frequently adverse environmental conditions and extreme temperatures in these regions, exceptional product quality, high expertise levels in the field of system technology and a fast and reliable service are indispensable for efficient plant operation. The opening of the offices in Santiago (Chile) and Centurion (South Africa) is a further step in SMA's successful internationalization strategy. The company is represented in all key PV markets in 21 countries around the globe. About SMA The SMA Group generated sales of €1.7 billion in 2011 and is the global market leader for solar inverters, a key component of all PV plants and, as an energy management group, offers innovative key technologies for future power supply structures. It is headquartered in Niestetal, near Kassel, Germany, and is represented internationally in 21 countries. The Group employs more than 5,500 people worldwide. SMA’s broad product portfolio includes a compatible inverter for every type of module on the market and for all plant sizes. The product range includes both inverters for photovoltaic plants connected to the grid as well as inverters for off-grid systems. SMA is therefore able to provide ideal technical inverter solutions for all plant sizes and types. 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 also in the TecDAX index. In recent years, SMA has received numerous awards for excellence as an employer and achieved first place in the nationwide “Great Place to Work®” competition in 2011 and 2012. SMA Solar Technology AG Sonnenallee 1 34266 Niestetal Germany 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 Investor Relations contact: Julia Damm Manager Investor Relations Tel. +49 561 9522-2222 Fax +49 561 9522-2223 IR@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.