The other issue, and this is my favorite story of dealing with long distribution lines in Australia, is the inverter hardware itself may not be able to tolerate the higher output voltage. That is, the capacitors used to store the charge which is going to be converted to the output wave form may not have either a high enough voltage rating (well above the peak instantaneous voltage, not the RMS voltage) to deliver current at the peak, or there may not be enough storage capacity to avoid distortion.
If you ARE able to set the upper voltage window you may have to prove the output isn't clipping anyway, in which case you may well be out of spec for what you're supposed to be delivering. You may also risk equipment damage (both generation and utilization) and voiding some warrantees.
TL;DR: If SMA will let you do it, great. Just watch out for it not working properly in the long run.