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RICHARDSON, Texas, Jan. 17, 2018 /PRNewswire/ -- Lennox Industries, a leading provider of innovative home comfort solutions, launched the Lennox SL280NV Ultra Low NOx gas furnace, part of the Dave Lennox Signature Collection of high-efficiency HVAC products, which allows homeowners to feel good about creating better air inside and outside their home. This product is the first in Lennox' new line of eco-efficient furnaces, which are the first furnaces available to purchase that meet the low-emission regulations in certain California markets that now require lower emissions to reduce air pollution, and the product has earned the "Best of IBS" Award for Best Green Building Product at the 2018 NAHB International Builders' Show. 

 (PRNewsfoto/Lennox Industries)
(PRNewsfoto/Lennox Industries)...

The Lennox SL280NV Ultra Low NOx furnace produces 65 percent lower NOx emissions than standard low NOx furnaces, offering the ultimate in comfort and emissions compliance. With a heating efficiency rating of 80 percent AFUE, and as part of a Lennox iComfort thermostat-enabled system, the SL280NV delivers exceptional comfort all winter long and helps homeowners save energy. Lennox' innovative technology allows for a higher heat temperature that burns more of the NOx emissions before releasing them into the air. Additionally, a variable-speed blower motor and two-stage gas valve allows the furnace to adjust airflow and heating output to help homeowners to maintain their ideal temperature throughout their home, quietly and efficiently. 

"The Lennox SL280NV Ultra Low NOx gas furnace is the latest example of Lennox' commitment to innovation and its ability to deliver premium efficiency and comfort to homeowners," said John Whinery, vice president, product management for Lennox. "This first product in Lennox' new line of eco-efficient furnaces offers the best of both worlds for homeowners – quiet and efficient operation with a minimum impact on the environment. It gives contractors peace of mind through its ease of installation and maintenance while providing the only product they can offer to homeowners to meet new stringent California emissions standards."

The SL280NV furnace offers industry-leading features, such as:

  • Ultra Smart Control: When combined with the Lennox iComfortS30 ultra-smart thermostat, the Lennox SL280NV adjusts the heating for energy savings based on the homeowner's routine, helping them save money. 
  • Comfort: The Lennox SL280NV variable speed blower can help condensing units control humidity levels, and also offers continuous filtration for cleaner, healthier air for homeowners.
  • Environmentally Friendly:  The Lennox SL280NV operates at two different levels of heat output, which maintains a consistent temperature in the home using as little fuel as possible. This helps homeowners stay comfortable and reduces their utility costs, while lower emissions help with reducing air pollution.

Lennox SL280NV Ultra Low NOx

Key Features and Benefits

  • Meets the new California emission regulations.
  • Lowers emissions to reduce air pollution.
  • Operates at a more efficient low capacity most of the time, to minimize temperature swings.
  • Helps condensing units control humidity levels for a more comfortable home environment.

The Lennox SL280NV Ultra Low NOx furnace has earned the prestigious "Best of IBS" Award for Best Green Building Product at this year's NAHB International Builders' Show. The awards, presented during a ceremony on the final day of the show, recognized the SL280NV Ultra Low NOx gas furnace for its superior performance and energy efficiency. The award program received hundreds of entries this year in nine categories, which were judged by 27 industry and media representatives. Finalists were evaluated on criteria such as innovation, functionality and design. 

For more information about the new SL280NV Ultra Low NOX gas furnace, visit www.learnnox.com.

About Lennox Industries
Lennox Industries is a leading provider of customized home heating, cooling and indoor air quality products that are designed to deliver customized comfort, efficiency and functionality, with the most innovative and reliable features available.  Lennox is also the first heating and air conditioning manufacturer to harness solar energy for central heating and cooling – and beyond.  The U.S. Environmental Protection Agency and the Department of Energy have selected Lennox as an ENERGY STAR Manufacturer of the Year four times in recent years for its outstanding contribution to developing and promoting energy-efficient products.  For more information about Lennox home comfort products, visit http://www.lennox.com/residential or call 1-800-9-LENNOX.

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SOURCE Lennox Industries

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Private sector lender Yes Bank today said it will mobilise USD 1 billion by 2023 for financing...

The Cars Jeans Stadion in The Hague, Netherlands is about to commission a vast battery plant tied to electric vehicle charging stations, showcasing the versatile business opportunities that battery storage offers whilst facilitating the energy transition.

A new partnership between the municipality of The Hague, the Card Jeans Stadion- home of ADO Den Haag, and Dutch energy companies Scholt Energy Control and Alfen will bring to life the innovative project aimed at boosting renewable energy production and the integration of electric vehicles without destabilising the grid.

The batteries will store electricity produced by the stadium’s solar panels, to be used during night time. This means that the stadium will be 100 percent energy self-sufficient.

In addition, the stored energy will be used to charge electric vehicles through the installation of a charging hub comprised of 20 charge points fostering the deployment of emission-free vehicles across the city.

Ton Koning, Program Manager Air Quality at the municipality of The Hague, said: "Through this initiative, renewable energy can be used locally for the electric vehicle charging hub. We hope this will further stimulate the use of electric vehicles and consequently improve the air quality in our city”.

However, the use of the project goes much further. Sander Drissen from Scholt Energy explained how the project will work: “This project is truly unique in the combination of use cases. We will use the battery to store the oversupply of renewable energy generated during the day”.

“This energy can then be used in the evenings when it is most needed. In this way, we make optimal use of the generated renewable energy”.

“We will also smooth out the grid impact of a large number of electric vehicles that plug-in at the same location at the same time. And finally, when the stadium is not being used, we can use the storage system for energy trading to further improve our business case”, he added.

In a nutshell, the energy project represents a micrography of the smart energy grids of the future.

Andreas Plenk, Global Sales Director Energy Storage at Alfen, explained how integrating grid connections, EV charging equipment, and energy storage will play “an increasingly important role to incorporate the growing amount of renewables and electric vehicles, as these are causing an imbalance on the electricity grid”.

The size of the battery has not been revealed, although the project is expected to start operating this January. 

MUNICH--(BUSINESS WIRE)--E-mobility is much more than just the clean mobility solution of the future. When electric vehicles are fueled by solar power, it also drives the deployment of photovoltaics forward. Intersolar Europe, the world’s leading exhibition for the solar industry, and Power2Drive Europe, the new exhibition for e-mobility and charging infrastructure, held June 20–22, 2018 in Munich, Germany under the umbrella of The smarter E Europe, will thus showcase the diverse prospects created for the environment by the combination of PV and e-mobility.

Electric vehicles can be driven and charging stations can be fed with electricity from PV systems, making e-mobility a driver of the PV market. Ideally, electric vehicles are charged with solar power directly from the owner’s roof. For example, a PV system with a capacity of 3 kilowatts peak in a single-family home in Germany can provide enough power annually for electric vehicle owners to drive around 14,000 kilometers (8,700 miles) emission free. This is particularly profitable for PV systems with a capacity of up to ten kilowatts, as these are now exempt from the EEG levy on self-consumption in Germany.

New business models

New business models are also opening up for PV companies and system owners, who can profit from solar filling stations, for example. Installers too are expanding their business activities and making the transition to automobile sales. For example, solar technology suppliers are cooperating with manufacturers to offer electric vehicles for sale or lease.

Where energy and mobility interact

This development makes a platform that combines the industrial fields of automobiles and energy even more important. With Intersolar and Power2Drive Europe, The smarter E Europe closes the gap between the two fields. The combination of PV and e-mobility also plays a significant role in the presentations at the Intersolar Europe Conference and Power2Drive Europe Conference. Visitors here can learn all about the most important topics in the industry – from innovative charging solutions to technologies for PV systems.

The smarter E Europe

The smarter E Europe, the innovative platform for new energy solutions, forms an umbrella for events and topics that drive the new energy world by bringing together four energy exhibitions: Intersolar Europe, ees Europe, Power2Drive Europe and EM-Power.

ABIDJAN, Ivory Coast, January 10, 2018/APO Group/ --

With confirmed participation of H.E Honourable Malick Alhousseini, H.E Honourable Professor Alfa Oumar Dissa, Ghana’s Ministry of Energy, Autorité Nationale de Régulation du Secteur de l'Electricité (Anaré), TOTAL, CI-GNL, Regional Liquidity Support Facility (RLSF) and West Africa Gas Pipeline Authority Company (WAGPA), the fast approaching Regional Energy Co-operation Summit 2018 (www.Regional-Energy-Cooperation-Summit.com) will establish the roadmap for sustainable electricity trade in ECOWAS’ booming gas and energy markets.

Alongside the Energy Commission of Ghana, Electricity Company of Ghana and GridCo, Ghana’s Ministry of Energy will be in attendance at ministerial level alongside their distinguished counterparts from Burkina Faso, Mali and Nigeria to present some of the latest projects seeking investment and strategize regional initiatives for power, infrastructures and gas development.

Attracting market leaders such as ENGIE, Siemens, Manitoba Hydro International, METKA, Wärtsilä and BLP LLP and endorsed by ANER, the Regional Summit continues to be the annual platform where public and private stakeholders and industry experts can stay up-to-date with upcoming projects in the pipeline and new strategies to unlock gas and power trading in West Africa. With the arrival of Côte d’Ivoire’s first LNG-import terminal and ambitions to establish a regional hub for gas distribution, LNG industry leaders CI-GNL and TOTAL will join Director General, Debo Barandao of WAGPA to discuss regional gas development.

Sharing ENGIE’s perspective on how the investment summit provides a solid foundation for gleaning of vital industry updates, Philippe Miquel, CEO Western & Central Africa tells us “The Regional Energy Co-operation Summit in Abidjan is of great interest to ENGIE as it facilitates discussions and sharing of successes with all relevant stakeholders involved in energy cooperation in Africa: public and private, industrial and financial players, developers and customers of energy facilities, with the common intention of creating shared value.”

Amongst distinguished energy leaders who will evaluate and assess energy solutions across West Africa that will provide further economic prosperity and industrial growth and ensure sustainable energy security, we welcome:

  • H.E. Honourable Alfa Oumar Dissa, Minister of Energy, Mines and Quarries, Burkina Faso
  • H.E Honourable Malick Alhousseini, Minister of Energy and Water, Mali
  • Distinguished Senator Mustapha Bukar, Vice-Chairman, Senate Committee on Power, Steel, Development & Metallurgy, The Senate, National Assembly, Federal Republic of Nigeria
  • Hippolyte Ebagnitchie, General Director, Autorité Nationale de Régulation du Secteur de l'Electricité, Côte d'Ivoire
  • Alfred Ahenkorah, Executive Secretary, Energy Commission of Ghana
  • Abel Didier Tella, Director General, Association of Power Utilities of Africa (APUA)
  • Jean Jaylet, Vice President LNG & Economy in the Gas, Renewables and Power, TOTAL
  • Remi Duchateau, Director General, CI-GNL
  • Dijby Ndiaye, Managing Director, Senegalese Agency for Renewable Energy (ANER)
  • Mahamane Sow, Chief Executive Officer, EDF Côte d’Ivoire
  • Rumundaka Wonodi, former CEO, Nigerian Bulk Electricity Trading Plc (NBET), Founder & CEO, ZKJ Energy Partners
  • Robert Schlotterer, Lead Infrastructure Finance Specialist, Infrastructure, PPPs and Guarantees Group, World Bank
  • Peter Koninckx, Director of Power Generation and Transmission Solutions, Siemens
  • Subha Nagarajan, Managing Director, Overseas Private Investment Corporation (OPIC)
  • Clare Sierawski, West Africa Country Manager, U.S. Trade and Development Agency, Power Africa.

ABIDJAN, Ivory Coast, November 30, 2017/APO Group/ --

EnergyNet (www.EnergyNet.co.uk) will host the second Regional Energy Co-operation Summit in Côte d’Ivoire from 24-25 January 2018 - a strategic platform for project evolution and partnership development. The conference will discuss opportunities for cross-border power projects and potential gas investments across West Africa.

At the first Regional Energy Co-operation Summit (www.Regional-Energy-Cooperation-Summit.com) in January 2017, His Excellency Thierry Tanoh, Minister of Petroleum, Energy and Renewable Energies summed up the relevance of the summit with his statement; "[t]he importance of the theme (Regional Energy Cooperation Summit) is well established in the light of the needs of African countries in terms of access to different energy sources, including renewable energies".

The 2018 Summit will review outcomes from last year’s meeting, identifying next steps and bringing together ECOWAS decision-makers and global energy investors to advance regional partnerships and interconnection projects.

Programme Manager Valeria Aruffo commented; "Given the abundant reserves from many West African gas fields which will firstly be harnessed for power and domestic use, the summit will instigate the conversation surrounding the sub-region’s booming global gas market. We’ll focus on export and import capacities, balancing domestic obligation and regional trade, and of course the role of LNG in facilitating gas development in the sub-region."

With the overarching theme of regional integration in West Africa, the summit will gather ECOWAS energy ministers and government representatives, heads of utilities, regulators, power developers, technology providers, financiers and multilateral agencies from across West Africa to discuss how to unlock investments for the development of power projects.

Alongside partners ENGIE, Manitoba Hydro, Metka, Wartsila & Berwin Leighton Paisner (BLP), the Summit is officially endorsed by Ghana Grid Company (GRIDCo), ANER, Energy Commission Ghana and the Electricity Company of Ghana

The Islamic Corporation for the Development of the Private Sector (ICD) and Shobak Wind Energy PSC (the “Project Company”) have signed facility agreements for a US$26 million The Project, which will deploy 13 wind turbines supplied by Vestas Wind Systems, will be constructed over a 2-year period and have a total cost of approximately US$104 million JEDDAH, Kingdom of Saudi Arabia, November 29, 2017/APO Group/ -- The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-ps.org) and Shobak Wind Energy PSC (the “Project Company”) have signed the facility agreements for a US$26 million Shariah-compliant senior financing to part fund the construction of a 45 MW wind farm (the “Project”) in Jordan near the Shobak town municipality,160 km south of Amman. The balance of the senior financing is being provided by the European Bank for Reconstruction and Development (EBRD) and Europe Arab Bank (EAB). The Project Company is majority owned by Alcazar Energy Partners (http://AlcazarEnergy.com), a UAE-based independent developer active in the Middle East, Africa and Turkey. Alcazar Energy is developing the project in partnership with Hecate Energy LLC (www.HecateEnergy.com), a US-based developer. The Project, which will deploy 13 wind turbines supplied by Vestas Wind Systems, will be constructed over a 2-year period and have a total cost of approximately US$104 million. Once the Project is operational, the generated power will be sold to the Jordanian National Electricity Power Company (NEPCO) under a long-term power purchase agreement. The Project will support Jordan in increasing its electricity generation capacity from clean, indigenous and renewable sources and reducing reliance on costly hydrocarbon imports. It will help the country abate more than 100,000 tons of CO2-equivalent per annum, supporting Jordan’s emission reduction targets under the Paris Climate Agreement, as well as promoting sustainable energy development and private sector participation in the country’s energy landscape. Mr. Khaled Al-Aboodi, the Chief Executive Officer of ICD, commented: “We are delighted to be part of this success story, and happy to have been able to support Alcazar Energy in this important investment. I would also like to thank the Government of Jordan for their continued support and commitment to this critical sector, and we are looking forward to expanding and deepening our involvement in the country through similar interventions in the very near future. We are also very pleased to continue our fruitful cooperation with EBRD, as this transaction follows the recent closing of several comparable co-financings in the Arab Republic of Egypt just last month.”   Daniel Calderon, Co-Founder and CEO of Alcazar Energy, said: “The Shobak project is another significant milestone for our company to build a sustainable portfolio of assets. By early next year when Shobak construction starts, our portfolio will comprise seven projects in construction or operation in the region. We appreciate the continued support of the government of Jordan, our lenders and investors. Shobak is the first of our projects to be partly funded by a Sharia compliant financing and we are delighted to welcome ICD as a new financing partner.” Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).

Media Inquiries
Mr. Nabil El Alami
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Fax: +966 12 6444427
Tel: +966 12 6468192

About Alcazar Energy
Alcazar Energy (www.AlcazarEnergy.com), which was formed in 2014, is an independent developer and power producer focused on renewable energy generation across the Middle East, Africa and Turkey. Alcazar focuses on Solar PV and Onshore Wind technologies and targets emerging economies with attractive underlying market fundamentals and developed regulatory frameworks. Alcazar is owned, amongst others, by IFC, AMC, Mubadala Infrastructure Partners, Blu Stone Management and Dash Ventures. www.AlcazarEnergy.com

About Hecate Energy LLC
Hecate Energy LLC (www.HecateEnergy.com) is a leading developer, owner and operator of power plants in North America and internationally.  Hecate Energy brings together business acumen, technical understanding and significant experience in the industry to develop world-class power projects. The company specializes in solar and wind power, natural gas plants and energy storage, unearthing creative approaches to structuring PPAs and financing power projects both in the United States and abroad. Hecate Energy believes in collaborative, long-term partnerships with the communities, organizations and countries it serves.  www.HecateEnergy.com

About ICD
ICD (www.ICD-ps.org) is a multilateral organization and a member of the Islamic Development Bank (IDB) Group. The mandate of ICD is to support economic development and promote the development of the private sector in its member countries through providing financing facilities and/or investments which are in accordance with the principles of Shari’ah. ICD also provides advice to governments and private organizations to encourage the establishment, expansion and modernization of private enterprises. ICD is rated AA/F1+ by Fitch and Aa3/P1 by Moody’s. For more information visit www.ICD-ps.org

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Solar jobs and wealth creation in Europe are set to increase to nearly 175,000 full time jobs and 9,500M value added by 2021, according to a new EY report. The EY report also shows that an increase in ambition for the European Union 2030 renewable energy target from 27% to 35% will result in more than 120,000 new solar jobs alone.

Dominique Ristori, Director-General, European Commission, DG Energy, speaking at the launch event of the report, said: "We want to see solar and clean energy well-developed in Europe, more solar jobs and generated value is key to moving towards a sustainable lowcarbon economy."

MEP Butikofer commented "Crucially in the short term, removing solar trade measures currently enforced by DG Trade in the European Commission could give a welcome boost to the European solar industry including new jobs."

MEP Marijana Petir, stated "This surge is only possible if countries increase their solar deployment rate in line with policy requirements to 2020. With the right policies in place this growth could be even greater by 2030. Member States should have the necessary flexibility to boost renewable energy that is available on their territory. With this approach Member states could develop incentives to reduce the greenhouse gas emissions and to create new jobs in the most efficient way."
"Our calculations show that Spain will have the highest number of new jobs, with an expected growth of 471% from 2016 to 2021, followed by Greece (+403%), and Poland (+381%)" said EY on their findings for the report.

Christian Westermeier, President of SolarPower Europe said: "The more solar installed the more jobs and economic growth we will see in Europe. We need to remove all barriers to solar starting with withdrawing the trade measures currently in place on solar panels and cells accompanied by a predictable regulatory environment for PV in Europe. EY found that the average PV system price in Europe has decreased by 23% in 2016, compared to 2014, but we know that the price could be even lower if we ended the artificially high tariffs on solar products, which would boost jobs and economic activity in the countries of the EU."

The trade associations representing key players in Europe's energy transition urge policy makers to take a step-wise approach towards the market integration of small-scale renewable and high efficiency cogeneration installations.

Whilst the European institutions are negotiating the recast of the Electricity Market Design Regulation, the signatories of the declaration launch today the "Small Is Beautiful" campaign, aiming at highlighting the benefits of small-scale, clean and locally owned installations to move progressively towards a decentralised energy system.

James Watson, CEO of SolarPower Europe said: "Small installations empower territories, small businesses, and consumers. When it comes to solar, they are also the biggest job providers. We must reflect on the energy transition we want to see emerging in Europe."

These benefits are, however, threatened by the European Parliament's current proposal requiring all power generators to be "balancing responsible" and the blanket removal of priority dispatch.

Small-scale renewable and high efficiency cogeneration installations are generally run by private consumers, households, communities, farmers, cooperatives or SMEs and benefit the local economy.However, European power markets are mostly not yet « fit » for small installations. Removing the balancing responsibility exemptions and priority dispatch will result in disproportionate costs and technical and administrative burdens.

"Keeping the priority dispatch and access regimes for small installations as proposed by the European Commission is fundamental for empowering energy consumers and boosting investments in local sustainable and efficient energy solutions", indicated Hans Korteweg, Managing Director of COGEN Europe.
Rémi Gruet, CEO of Ocean Energy Europe, commented "To accelerate the energy transition, investor risk needs to be reduced. Exemptions to balancing responsibility and maintaining priority dispatch go a long way in achieving this. All the more so for demonstration projects for innovative technologies: the lower the risk, the faster they can be taken to market".

Rather than encouraging the participation of consumers or SMEs in the energy transition, the current proposals on the table would act as a disincentive.
Signatories of the declaration urge policy makers to maintain priority dispatch and the exemption of balancing responsibilities for small scale renewable and highly efficient cogeneration installations. A balanced approach is key to enable the advent of an increasingly distributed energy system, empowering energy consumers and contributing to the economic and social dynamism of local communities and small businesses.

REC Group and the second time its innovative TwinPeak technology based on half-cut multicrystalline PERC cells has been awarded

Direct access to technical support and a new web presence to premiere at SPI 2017

Voltalia, an international player in renewable energies, announces the launch of the construction of a new 8.2 MW solar power plant in France, in the Bouches-du-Rhône department.

Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energies, announces the start of construction works at the French solar power plants of Canadel (10.4 MW) and Castellet 2 (3.8 MW) located in the southern-France region of Var. 

U.S.-based NRG Systems announced today that Lasser Eólica has joined its global network of service partners and dealers. Based in Spain, Lasser Eólica engineers, installs, and maintains met tower systems across Europe, North Africa, and the Middle East.

Verano Capital, an American project developer headquartered in Chile, announced that it won 18% of the solar capacity in auction at the Argentinian energy tender with its 100 MW VeCaSo-1 solar project. Located near Mendoza, Verano’s PV project was selected on a winning bid at $42.50/MWh.

Abigail Ross Hopper, President and CEO of the Solar Energy Industries Association (SEIA), issued the following statement after the U.S. International Trade Commission (ITC) announced a split remedy recommendation for the Section 201 trade case

Joint filing from broad array of groups takes aim at financial “Beneficiaries” as the only entities to support the DOE proposal – and whose filings fail to establish that the proposed subsidies are needed or legally valid

As demand for solar energy surges across America, today the Solar Energy Industries Association (SEIA) and Alta Energy jointly released a white paper highlighting an underutilized financing tool that can help boost commercial and industrial (C&I) solar development nationwide.

Urban Grid Holdings, LLC (Urban Grid), a leading developer and financier of solar projects throughout the United States, is pleased to announce the completion of two solar installations for Allegany County, Maryland totaling 2.14 MW.

2018 marks the 100th anniversary of Panasonic's founding. As well as expressing thanks for the company's success over the past 100 years, this year's booth at CES was focusing on visual content to introduce the company's future vision that will pave the way to the next 100 years. The booth was divided into four zones - Immersive Entertainment, Connected World, Sustainable Energy, and Integrated Supply Chain - to highlight how Panasonic's proprietary technologies are helping make daily life a better experience and reflect solution categories within the repositioning of the Panasonic brand in the North American region.

 

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180115005248/en/

 
Panasonic booth at CES 2018 (Photo: Business Wire)

Panasonic booth at CES 2018 (Photo: Business Wire)

Videos:
- Panasonic CES 2018 Booth Highlights in 45sec
https://youtu.be/_ACfDOraJgo
- CES 2018 Panasonic Press Conference
https://youtu.be/I13BUTvVhLg

 

Photos: Panasonic Booth at CES 2018
https://photos.app.goo.gl/gzZQJQ9wSpjbV0hv1

 

Panasonic also hosted Panasonic Live @ CES 2018, where six specialist social influencers from the entertainment, mobility, energy, and supply chain fields led panel discussions via live video broadcast directly from the show floor. Archive videos of the January 8 press conference, in addition to Technics products and smart devices on display at the Tech West venue, were also featured:

 

Panasonic at CES 2018
Portal: http://news.panasonic.com/global/presskits/ces2018
Microsite: http://www.panasonic.com/CES
Hashtag: #PanasonicCES

 

Main Exhibits at the Panasonic Booth
Vision Area
[History & Philosophy]
Meet Mr. Matsushita - The Founder's Enthusiasm and Imagination
A video revealing the past 100 years and management philosophy of Panasonic through the words of founder Konosuke Matsushita.

 

Panasonic DNA
Panasonic has grown together with advances in home appliances. Through the display of notable products from the history of the company and dynamic projection technology, this exhibit demonstrates how technologies developed through Panasonic's consumer business are incorporated in today's B2B solutions.

 

Video: Meet Mr. Matsushita
https://youtu.be/wwyfUUvx2Kc

 

[Vision Theater]
A large screen shows Panasonic's vision for the year 2030 in which it aims to contribute to the improvement of people's lives and society through four key areas: Living Space, Supply Chain, Mobility, and Environment (Energy).

 

Video: Our Future Vision for A Better Life, A Better World
https://youtu.be/Qm_b0k1iTe8

 

[Concept Exhibit]
Living Space Autonomous Cabin - A future space proposing new value on how to spend time in the car in the age of autonomous driving
By 2030, when fully autonomous vehicles are expected to be common, there will be a significant change in how we spend time in the car. This exhibit introduces concepts for comfortable car interiors in the future that can be adjusted to suit four settings - Living Room, Business, Relax, and Entertainment.

 

Home X
Taking advantage of its portfolio in a wide variety of lifestyle-related products, Panasonic has developed the Home X Project, which aims to create new value in the home experience through user-experience and user-interface design ideally suited to different living spaces. Video presentations will introduce the concept behind Home X and introduce activities of Panasonic β, a new team set up in Silicon Valley to do research into what a home should be.

 

Panasonic Environment Vision 2050
Georamas and projection mapping demonstrate Panasonic's long-term vision for life in 2050 - one in which society further utilizes clean energy and one where the amount of energy created exceeds the amount of energy used.

 

Video: Autonomous Living Space Cabin
https://youtu.be/itvfW0U_T5w

 

Solutions Area
[Immersive Entertainment]
Using AV solutions and sports analyses solutions anticipated for 2025-2030, Immersive Entertainment offers a completely new entertainment experience.

 

Customer Engagement Technologies
Panasonic's entertainment-related business provides a full suite of wide ranging solutions that maximize customer value. This exhibit introduces the technologies behind it through visual content and demonstrations.

 

3D Projection Mapping
The system detects the locations of the objects which will be projected on. Based on the positional information, the system automatically generates images from 3D content from the viewpoint of the projector. This eliminates the need for precise mapping, making projection mapping easier than ever before.

 

LinkRay-AR
This technology uses the flickering of LED light to send information to your smartphone. You can receive the signals using your smartphone's camera and a dedicated app. This Cloud service displays related information as augmented reality (AR) on top of the image seen through the camera, to improve fan engagement.

 

Advanced AV Solutions
Panasonic proposes a new form of entertainment that allows for sharing the excitement of live performances with people in remote places. For example, by using a variety of Panasonic's technologies such as 3D scanning, data compression and transfer, and spatial design, a whole town can be turned into a huge stage for a live Augmented Reality performance. Here, visitors can experience an immersive, whole new world of entertainment created with videos, lights and sounds developed in cooperation with Japan's leading entertainment company Avex.

 

Smart Venue Solutions
Anticipating a time when AR devices will resemble a pair of smart-glasses, this exhibit demonstrates a simulated experience in a future stadium. The ability to project a variety of information into any device and in any situation will enhance the stadium experience.

 

Videos:
- Next-Gen Tech Transforms Live Events
https://youtu.be/oVKfEKbIU9I
- Smart Sports Venues: See, Hear, & Feel the Action
https://youtu.be/8-nmAAlST8c

 

[Connected World]
Connected World introduces the activities of two mobility businesses, automotive and avionics.

 

Automotive

 

Smart Design Cockpit/Smart Vision Cockpit
On display are two cockpit system prototypes that are intended for practical implementation in accordance with the progress of Advanced Driver Assistance Systems (ADAS): one for 2020-2023, when so-called "level 2" driver assistance is expected to be widely available; and the other for 2023-2025, when "level 3" will be prevailing. Also on display is a new Range Rover Velar SUV, complete with a Touch Pro Duo dual touch screen system and a windshield head-up-display.

 

Scalable ePowertrain Platform
Panasonic introduces a compact electric powertrain platform it has developed for small electric vehicles. This energy-efficient and safe powertrain concept features integrated compactness, high efficiency, and flexible scalability. This is designed with a scalable combination of power and motor units in mind to contribute to the advancement of both two- and four-wheeled electric vehicles.

 

Avionics
Through VR and exhibits of actual airplane seats (business class and economy), this display explains the concept of "travel thread" that integrates all aspects of the passenger experience from pre-flight - while you are still at home - flight to post flight.

 

VR Demonstration
Demos using VR devices let visitors experience what this travel thread is all about.

 

Companion App - Economy seats
Companion App allows travelers to completely customize their in-flight experience in advance from the comfort of their own home. This demonstration unveils the app's functions, from reservations of onboard services to choosing and downloading favorite films to watch.

 

New Business Class Cabin
Visitors can sit back in a new business class cabin adopted by American Airlines and experience the comfort of traveling in seats available only in American's Super Diamond business class.

 

Immigration Inspection System
Through a partnership with Silicon Valley-based Tascent, Panasonic has developed a new immigration inspection system for use in airports. A camera incorporated in the system scans the passenger's retina to identify the individual, facilitating speedy immigration inspections.

 

Videos:
- Our Connected World at Panasonic CES 2018
https://youtu.be/Z247c2ODfBU
- Smart Design Cockpit and Smart Vision Cockpit
https://youtu.be/biu5n4h0MGw
- From Electric Vehicles to Micro Mobility
https://youtu.be/Jxc7RHdsTko
- Internet of Me at 30,000 feet
https://youtu.be/ahkPHyEdXso

 

[Sustainable Energy]
This corner showcases Panasonic's collaborations in lithium ion batteries and solar panels with partners striving to use sustainable energy sources. On display are examples from U.S. partner Tesla and Gogoro of Taiwan.

 

Videos:
- Powering the Green Revolution
https://youtu.be/nQaErKsNMNM
- Next Gen 2170 Lithium Ion Battery
https://youtu.be/JZjyNVhQPEQ

 

[Integrated Supply Chain]
Here the supply chain business defines its future vision for the year 2025 and the essential technologies key to realizing its goals.

 

Supply Chain Vision Stage
Through presentations and videos, this exhibit illustrates a future model for an internet-connected supply chain based on RF-ID, and transformations of business models adapted to changes in society.

 

1. Parallel Link Robot - Remote Inspection of Finished Products
Customers can check the exterior of their customized products from remote locations by operating the Parallel Link Robot, which has a camera at the tip of its arm.

 

2. RF-ID Gate - Delivery Error Detection
Reading the information stored in the RFID tag attached to a piece of luggage, the system can quickly and automatically detect a bag delivered in error.

 

3. RF-ID In-Store Payment - Linked with Facial Recognition
An unmanned, cashless future payment system made possible by linking information from the RFID tag attached to the product with personal identification through facial recognition systems.

 

4. Automated Transport System - Automatic Delivery to Destination
A demo shows how the fork-lift robot automatically transports a loaded pallet to its destination while avoiding obstacles. Since it doesn't require special tracks to be pre-installed for the robot to follow, the robot can adapt to any change in layout.

 

Videos:
- Overview Integrated Supply Chain
https://youtu.be/OICORWH07jI
- Personalizing the Way Things Are Made, Shipped & Sold
https://youtu.be/Y8smO9Z1gvY

 

Panasonic Booth Overview
Period: January 9 (Tue.) - 12 (Fri.), 2018
Venue: Las Vegas Convention Center (LVCC), Central Hall (#s12401 &12908)
Booth size: 2,508 m²
Exhibits:
1) 100-year history of Panasonic and management philosophy
2) Corporate solutions, latest automotive and avionic devices, solutions

 

In addition to the main booth in LVCC, exhibits are also located in Tech West.

 

Tech West
Venue: Sands, Halls A-D(#40060)
Exhibits: One-touch home automation ("eny" smart device), one-touch ID recognition, 3D camera stabilizers
Venue: Venetian Tower (Suites 29-111 & 29-115)
Exhibits:
Latest Technics products
Reference Class Direct Drive Turntable System SL-1000R
Reference Class Direct Drive Turntable SP-10R

 

Video: One Touch Home Automation, One Touch ID Authentication - Sands Expo
https://youtu.be/dNGulaV1Bx0
Photos: CES 2018 Technics Room - Tech West, Venetian Tower
https://photos.app.goo.gl/2nFLUdsS94bgmQbI3

 

Press Kit
Download press releases, photos, and videos of the booth at
http://news.panasonic.com/global/presskits/ces2018

 

Source: http://news.panasonic.com/global/press/data/2018/01/en180109-6/en180109-6.html

 

Related Links
[Press Release] Panasonic Automotive to Exhibit at CES 2018 (Jan 9, 2018)
http://news.panasonic.com/global/press/data/2018/01/en180109-4/en180109-4.html
[Press Release] Panasonic Develops Scalable "ePowertrain" Platform for Small EVs - Looking ahead to the Coming Mobility Society (Jan 9, 2018)
http://news.panasonic.com/global/press/data/2018/01/en180109-5/en180109-5.html
20th Century Fox, Panasonic and Samsung Gain Momentum for Best Possible TV-Viewing Experience with HDR10+ Technology (Jan 6, 2018)
http://news.panasonic.com/global/topics/2018/53726.html

 

 

 

 
MULTIMEDIA AVAILABLE :
http://www.businesswire.com/news/home/20180115005248/en/

With over 1000+ industry experts in attendance at Energy Storage India 2018 Conference, Expo & Gala Awards Event, Exicom was awarded as “Energy Storage Company of the Year”, storage sector’s most prestigious award.

> <
  • AzureAzure Power Solar PV Plant
Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced the commissioning of a 100-megawatt (MW) solar power plant in the state of Telangana. Spread across an area of approximately 500 acres, the project has been set up under the government’s National Solar Mission Phase-II, Batch-II Tranche-I. The project was auctioned by NTPC, which has an AAA debt rating and is the Government of India’s largest power utility. Azure Power will supply power to NTPC for the next 25 years at a tariff of INR 4.67 (~USD 0.07) per kWh.
 
Speaking on this occasion, Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “Telangana’s continued reliance and faith in solar energy has successfully transformed it into one of the largest solar power producing states in the country. We are delighted to make a contribution towards the realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation. Our sincere gratitude to NTPC and the state of Telangana for all the cooperation and support extended.”

About Azure Power

Azure Power (NYSE: AZRE) is a leading independent solar power producer in India with a portfolio of over 1,600 MWs across several states and union territories. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale, rooftop to mini & micro grids, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.
 
For more information, visit: www.azurepower.com.
 
Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s future financial and operating guidance, operational and financial results such as estimates of nominal contracted payments remaining and portfolio run rate, and the assumptions related to the calculation of the foregoing metrics. The risks and uncertainties that could cause the Company’s results to differ materially from those expressed or implied by such forward-looking statements include: the availability of additional financing on acceptable terms; changes in the commercial and retail prices of traditional utility generated electricity; changes in tariffs at which long term PPAs are entered into; changes in policies and regulations including net metering and interconnection limits or caps; the availability of rebates, tax credits and other incentives; the availability of solar panels and other raw materials; its limited operating history, particularly as a new public company; its ability to attract and retain its relationships with third parties, including its solar partners; its ability to meet the covenants in its debt facilities; meteorological conditions and such other risks identified in the registration statements and reports that the Company has filed with the U.S. Securities and Exchange Commission, or SEC, from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and the Company assumes no obligation to update these forward-looking statements.

India’s largest power generator NTPC to showcase expertise at Abu Dhabi’s World Future Energy Summit

14th Jan, 2018

New Delhi, Jan14th,2018: Ranked among leading power majors globally, state owned NTPC will showcase its expertise and technical knowhow to execute power sector projects of any scale and size and explore business opportunities at World Future Energy Summit, Abu Dhabi next week.

NTPC, which is India's largest Power Generation Company with an installed capacity of over 51,000 MW, will be a key participant at the summit starting Monday with presence of its senior officials. Spanning over four fully packed business days, hundreds of international suppliers, decision makers and thought leaders will come together to network, transact business and gain key insight into latest industry trends and advancements across energy sectors.

Speaking about the Summit, NTPC Spokesperson, said: "Sustainability is a challenge being faced by global energy companies today even as consumer demand is expected to only grow in the coming decades. Thus, this annual get together of energy leaders gives an opportunity to learn about latest technology breakthroughs, changing energy mix and how the companies are innovating and adapting to address these crucial issues while ramping up capacity for future requirement. At NTPC, we have done significant work in terms of technological breakthrough and improving efficiency of power plants and we will demonstrate the same at this platform, which is dedicated to innovation, digitalisation and transformation in the global energy mix.

NTPC will also showcase its consultancy services that range from concept to commissioning of coal based, gas based and renewable energy projects, capacity building, renovation and modernisation of old power projects, and improvement in efficiency. Among its international projects, NTPC is setting up a 1320 MW power plant in Bangladesh, has won energy audit and improving station performance of 12 units at 12 power projects in Saudi Arabia amid stiff international competition, and awarded construction supervision for power project in Kuwait. NTPC thus possesses expertise and technical knowhow to execute power sector projects of any scale and size.

WFES 2018 will offer a well-balanced mix of expert talks, panel sessions and business breakfasts covering burning issues and key trends in the energy sector, such as the future of energy and transport in urban environment, renewables, digitalisation and technology disruption. WFES also provides an ideal backdrop to establish relationships that will lead businesses into new sector markets.

NTPC’s stand can be visited at 4330, Hall No 4, ADNEC, Abu Dhabi, UAE.


« Back to Press Releases

Tata Power along with the Ministry for Energy of Maharashtra inaugurated the ‘Electrical Safety Week’ in Mumbai. 

Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced it has won a 200 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India (SECI), a Government of India enterprise and a company with a AA+ debt rating by ICRA, a Moody’s Company.

JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it has supplied 23MW of high-

For AlsoEnergy, the top selling independent monitoring provider for commercial PV in North America, this partnership is an opportunity to extend international coverage for sales and support.

High voltage switchgear to support Saudi Arabia’s first integrated solar and natural gas power plant

Prime Minister of India, Shri Narendra Modi, in the august presence of Hon'ble Governor of Mizoram, Lt Gen.(Retd.) Nirbhay Sharma, Chief Minister of Mizoram, Shri Lal Thanhawla, Minister of State (IC) for Development of North Eastern Region (DoNER), Prime Minister Office, Personnel, Public Grievances and Pensions, Department of Atomic Energy and Department of Space, Shri Jitendra Singh and Minister of State (IC) for Power and New & Renewable Energy, Shri R.K. Singh, will formally dedicate the 60 MW Tuirial Hydro Electric Power Project (HEPP) to the Nation. The Prime Minister will also launch ‘MyDoNER App’ and will distribute cheques to the Start-up Entrepreneurs Aizawl tomorrow, on 16th December, 2017.

The Tuirial HEPP has been constructed as a Central Sector Project and implemented by North Eastern Electric Power Corporation (NEEPCO), under the administrative control of the Ministry of Power, Government of India.

The Cabinet Committee on Economic Affairs (CCEA) cleared the Project for implementation in July 1998 with commissioning scheduled in July 2006. After completion of about 30% of the project activities, the works were totally suspended w.e.f. June 2004 due to local agitation. With sustained efforts by NEEPCO and with active support of Ministry of Power and Ministry of DoNER, Government of India and Government of Mizoram, the stalled works of the project were resumed in January 2011.

The Project being remotely located, encountered various hindrances ranging from inadequate communication infrastructure to the project site, massive failure of the Power House slopes due to poor soil condition, lack of availability of skilled manpower etc. These factors resulted in comparatively longer gestation period for the project. However, with all efforts from the agencies concerned, the project works were completed successfully, leading to commissioning of Unit-I on 25-08-2017 and Unit-II on 28-11-2017.

The project has been implemented by NEEPCO by engaging M/S Bharat Heavy Electricals Ltd for supply and erection of power generating equipment, M/S Patel Engineering Ltd for execution of major civil works and M/S Sew-PES-Tuirial consortium for Hydro-Mechanical works. The Project has been built at a cost of Rs.1302 crore.

The Project is the biggest power project located in the State of Mizoram and will feed the entire energy to be generated to the home State, which will facilitate all-round development of the State and achieving Government of India's ambitious and flagship Mission ‘24x7 Affordable Clean Power for All’.

The State's current demand of electricity is only 87 MW and this is being met by State's mini power projects and availability of its share of power from central sector projects. With the additional 60 MW of electricity from the project, the State of Mizoram will now be the third power-surplus State in North East India after Sikkim and Tripura. Apart from attaining self-sufficiency in electric power, the project will fetch other spin-off benefits to the State of Mizoram like employment generation, navigation, water supply, pisciculture and wild life conservation, tourism etc.

***

RM/VM

Industry must cooperate with Government to set up Energy Banks, to meet increasing Energy demand in the Country: Shri Ram Nath Kovind  

India to reduce Energy Intensity of Economic Growth by one-third by 2030, aim towards Responsible Growth: Shri R.K. Singh  

India to exceed its Renewable Energy target of 175 GW, to comfortably cross 200 GW by 2022, says Power Minister

Power Ministry to call for bids of 5 GW in Offshore Wind sector by early next year

ECO-NIWAS interactive online portal launched for increasing awareness to build sustainable and energy efficient homes

 

Hon’ble President of India, Shri Ram Nath Kovind, presided as the Chief Guest over the National Energy Conservation Day celebrations, held here today. The occasion was also graced by the presence of Union Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh. 

Hon’ble President of India gave away National Energy Conservation Awards to industries that have demonstrated measurable reductions in their energy use as part of the National Energy Conservation Awards Programme. During the event, a short film on the Energy Efficiency achievements in the Industry Sector was also shown. Further, Shri Kovind presented the National Painting Competition Prizes and visited the exhibition of the prize -winning paintings. This year, over 1.22 crore children, between 4th and 9th standards from across India, participated in the National Painting Competition and 322 industrial units and establishments from key sectors participated in the National Energy Conservation Awards 2017.

The Energy Conservation Day is organized on 14th December each year by Bureau of Energy Efficiency (BEE), under Ministry of Power, with an aim to demonstrate India’s achievements in energy efficiency and conservation, while working for its ambition of holistic development as part of the nation’s overall effort towards climate change mitigation. As part of its awareness outreach, BEE recognizes and encourages endeavours of industries in reducing energy consumption by felicitating them with National Energy Conservation Awards. BEE also awards prizes to the national winners of the annual National Painting Competition on Energy Conservation.

Addressing the gathering, Shri Kovind congratulated the Prize winners from Industry, Government bodies and the school children, for their efforts towards Energy efficiency and conservation. Hon’ble President noted that the Government is committed towards sustainable growth of the economy, for which, achieving the target of 24x7 Power for All is imperative. Shri Kovind added that such a tall target can only be achieved by the cooperation of every individual in the society and not only the Government. Hon’ble President also encouraged Industry to hold hands with Government to set up Energy Banks, to meet increasing Energy demand in the country in the near future.

Emphasizing the importance of energy in a country’s economic growth, Shri R.K. Singh said that no country can progress without increase in energy consumption, more so for developing countries. India’s per capita annual energy consumption is 1100 units, which is 5 times lower than Europe and 16 times than US. Nevertheless, the Minister reiterated India’s commitment to reduce the energy intensity of its economic growth by one-third by 2030 and aim towards achieving a responsible growth profile. He added that the country is well on track to surpass its renewable energy (RE) target of 175 GW by 2022 and would comfortably cross 200 GW. Further, India’s RE capacity would be 57% of the total installed capacity by 2030, including hydropower, the Minister said.

Shri Singh also informed the gathering about the roadmap of RE released recently by the Ministry. Bids of 20GW Solar power and 9GW wind power have been opened this year. In the coming 2 years, bids for 30GW Solar and 10GW wind each year would be opened, informed the Minister. Further, Shri Singh also stated that the Ministry is already undertaking surveys for floating solar power and off-shore projects in the country. Next year, bids for 5GW offshore wind power projects are in the pipeline, the Minister informed.

Power Minister also detailed the steps taken by the Government to increase energy conservation and efficiency of the economy. These included energy efficiency labelling of 21 consumer goods by Bureau of Energy Efficiency (BEE); Energy Conservation Building Codes notified in 10 States and 1 Union Territory; over 300 mn LED lamps distributed; 8.5 million tonnes of oil equivalent saved in energy through Perform, Achieve and Trade (PAT) scheme and 6000MW power generation capacity avoided in the 1st cycle of PAT.

On the occasion, Hon’ble President also unveiled the interactive online portal, ECO-NIWAS (Energy COnservation – New Indian Way for Affordable & Sustainable homes) for increasing awareness to build sustainable and energy efficient homes in the country.

The National Energy Conservation Awards Programme recognizes the energy efficiency achievements in 56 sub sectors across industry, establishments and institutions such as thermal power stations, office and BPO buildings, hotels, hospitals, shopping malls, zonal railways, railway workshops and stations, municipalities, State Designated Agencies and manufacturers of BEE Star labeled appliances/equipment and electricity distribution companies.

In the last 19 years (1999-2017) of the award scheme, the award participants have collectively invested over Rs. 48,000 crores in energy efficient technologies and processes, and saved nearly Rs. 38,000 crores through reduced electricity bills and avoided capacity generation. In energy terms, they have saved over 44 Billion kWh of electrical energy, 5.1 billion litres of oil, 22.6 million metric tonnes of coal and 250 billion cubic meters of gas.

Other dignitaries present at the occasion were Shri Ajay Kumar Bhalla, Secretary Power, Shri Anand Kumar, Secretary Ministry of New & Renewable Energy and Awardees from Industry, schools and Government bodies, along with senior officers of the Ministry.

*****

RM/VM/AS

The Prime Minister, Shri Narendra Modi, today addressed the inaugural session of the 90th Annual General Meeting of FICCI.

He recalled that around the time of FICCI's founding in 1927, Indian Industry had united against the Simon Commission that was constituted by the then British Government. He said that Indian Industry had joined all other sections of Indian society, in national interest, at that time.

The Prime Minister said that a similar atmosphere exists today when people of the country are coming forward to fulfill their responsibilities towards the nation. He said the hopes and aspirations of people are to rid the country from internal problems like corruption, and black money. He said political parties and chambers of industry should keep in mind the country's requirements and the feelings of the people, and work accordingly.

The Prime Minister said that a lot has been achieved since independence, but several challenges have arisen as well. He said the poor seemed to be struggling against the system that came to be established, for things such as bank accounts, gas connections, scholarships, pensions etc. He said the Union Government is working to end this struggle, and to create a system that is transparent and sensitive. He said the Jan Dhan Yojana is one example of this, and increasing "ease of living" has been the focus of the Union Government. He also mentioned the Ujjwala Yojana, construction of toilets under the Swachh Bharat Mission, and Pradhan Mantri Awas Yojana. He said that he has come through poverty, and understands the need to work for the requirements of the poor and the nation. He also mentioned the Mudra Yojana, for collateral-free loans to entrepreneurs.

The Prime Minister said that the Union Government is working to strengthen the banking system. He said the issue of NPAs is a legacy received by the current Government. He said, rumours are now being spread about the Financial Regulation and Deposit Insurance (FRDI) Bill. He said the Government is working to protect the interests of the account holders, but rumours that are being spread are the exact opposite. He said organizations such as FICCI have a responsibility to generate awareness about such issues. He said, that similarly, FICCI has a role to play in making GST more effective. He said the Government's effort is to ensure that maximum businesses register for GST. He said the more formal the system becomes, the more it will benefit the poor. It will enable easier availability of credit from the banks, and reduce cost of logistics, thereby enhancing competitiveness of businesses. I hope FICCI has some plan to generate large-scale awareness among small traders, he added. He also said that FICCI must also voice concerns, when necessary, on issues such as builders exploiting the common man.

The Prime Minister mentioned policy decisions taken in sectors such as urea, textile, civil aviation, and health, and the benefits achieved from them. He also mentioned reforms in sectors such as defence, construction, food-processing etc. He said that as a result of these measures, India's rank has risen from 142 to 100, in the World Bank "Ease of Doing Business" rankings. He also mentioned other indicators which point to the robust health of the economy. He said that the steps taken by the Government are also playing a key role in job creation.

The Prime Minister said FICCI has a key role to play in sectors such as food processing, start-ups, artificial intelligence, solar power, healthcare etc. He urged FICCI to play the role of a think-tank for the MSME sector.

***

AKT/HS

The four-day 19th International Workshop on Physics of Semiconductor Devices (IWPSD-2017) began here today Chairman ISRO & Secretary, Department of Space Shri AS Kiran Kumar formally inaugurated the event. The main objective of the workshop is to provide an international forum to deliberate and share the emerging semiconductor R&D fields in electronics; VLSI technologies, Sensors, GaN (Galium Nitride) Materials and Devices, Crystal Growth & Epitaxy, Photovoltaics, Organic Semiconductors and Semiconductors for Quantum Computing among other. Special emphasis was given on the role of semiconductor technologies in defence, space and other civilian applications. A number of prominent Industries in the area of semiconductor R&D showcased their products along with a special industry session, mainly organized to promote ‘Make in India’ theme for exploring possibility of establishing semiconductor & electronics chips manufacturing in India.

Shri AS Kiran Kumar in his inaugural address emphasized the need for creating and adopting indigenous technologies. He highlighted that many of the devices used in space missions are being fabricated at GAETEC (A DRDO unit), but the scope is tremendous.

Chairman DRDO & Secretary Department of Defence R&D Dr S Christopher presided over the function. While extending all possible help to establish the semiconductor foundry/chip manufacturing in India, he expressed the hope that the electronics chip manufacturing industries would explore the incentives under ‘Make in India’ and tap the huge Indian Electronics market particularly the solar power and LED lighting.

Scientific Advisor to Raksha Mantri Dr G Satheesh Reddy stressed the need for development of navigation grade sensors, MEMs pressure sensors & accelerometers, T/R modules based on GaN technology, large format & low pitch IR detectors.

Director IIT, Delhi Prof. V Ramgopal Rao mentioned that IWPSD is the oldest international conference held in India in the area of semiconductor technology.

Renowned scientists and technologists from USA, Europe, Asia Pacific and other countries and over 130 internationally acclaimed plenary speakers were invited on the occasion.

MJPS/NM/RP

National Energy Conservation Day to be celebrated on 14th December, 2017

President of India to give away National Energy Conservation Awards and National Painting Competition Prizes

Hon’ble President of India, Shri Ram Nath Kovind, will preside as the Chief Guest over the National Energy Conservation Day celebrations, to be held in New Delhi, on 14th December, 2017. The occasion will also be graced by the presence of Union Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh.

To drive mass awareness about the importance of energy efficiency and conservation, Bureau of Energy Efficiency (BEE), under Ministry of Power, celebrates the National Energy Conservation Day, on 14th December, every year. As part of its awareness outreach, BEE recognizes and encourages endeavours of industries in reducing energy consumption by felicitating them with National Energy Conservation Awards. BEE also awards prizes to the national winners of the annual National Painting Competition on Energy Conservation.

This year, over 1.22 crore children participated in the National Painting Competition and 322 industrial units and establishments from key sectors participated in the National Energy Conservation Awards 2017. Hon’ble President of India will give away National Energy Conservation Awards and National Painting Competition Prizes this year. Shri Kovind will also visit the exhibition of the Prize -winning Paintings. During the event, a short film on the Energy Efficiency achievements in the Industry Sector will also be shown.

*****

RM/VM

Under AMRUT, 215 Projects worth Rs. 157 Crores completed, 1606 Projects worth Rs. 32,459 Crores at various stages of Implementation

 

National Workshop on Accelerating Implementation of Urban Missions: AMRUT and smart Cities

 

       The Integrated Command & Control Center projects which enable fast and efficient citizen service delivery in an integrated way, are being developed in 20 cities and are already operational in cities like Pune, Surat, Vadodara, producing positive results. 10 more cities have issued tenders for developing command and control centers in their cities. This was stated by Sh Hardeep S Puri while addressing a National workshop on Accelerating Implementation of Urban Missions:. AMRUT and SMART CITIES here today. Delivering his inaugural address at the workshop, the Minister informed that for smart reuse and wastewater projects, 33 cities have issued tenders, and work has begun in 16 of them. In order to promote renewable energy usage in the cities, projects for providing Solar projects on rooftops of government buildings have been encouraged. Till date, 44 cities have issued tenders, and work has begun in 38 cities. Most of these cities have completed their projects, he further informed. Sh Durga Shankar Mishra, Secretary in the Ministry, Commissioners, Chief Executive Officers (CEOs), Principal Secretaries of Housing and Urban Development Departments of States were present at the workshop.

Informing about the Smart Cities Challenge, Sh Puri stated that it promoted an increase in participatory activities and means of citizen engagement at the city and neighbourhood levels. More than 24 lakh citizens were consulted through MyGov website and almost 120 lakh through other means. “The challenge is to conduct citizen consultation during implementation. The officials at city, state & centre levels, have put in tireless efforts from conceptualization to roll out and implementation of these missions”, he added.

The AMRUT and Smart Cities Missions can be seen as inter-linked programmes where AMRUT follows a project-based approach and Smart Cities Mission an area-based strategy. Although area based approach is not new, the way Smart City is conceptualized, it is meant to set examples that can be replicated both within and outside the Smart City. It is, therefore, expected to catalyse creation of similar Smart Cities in various parts of the country, Sh Puri further added.

Providing details about the progress made under AMRUT, the Minister informed that the city-wise service level improvement plans (SLIP) for all the 500 cities and State Annual Action Plans (SAAP) for all the 36 States/UTs with a project investment worth Rs. 77,640 crores were approved, much ahead of time to enable timely planning and execution. Under AMRUT, 215 projects worth Rs. 157 crores have already been completed, 1606 projects worth Rs. 32,459 crores are at various stages of implementation and about 1800 projects worth Rs. 23, 568 crores are under tendering stage.

       Sh Puri also provided the details of the three-tiered approach being followed by the Ministry of Housing and Urban Affairs for states and cities to implement the reform Agenda as follows: “First Tier: the performance grant of the 14th finance commission of about Rs 18000 Crore is used to accelerate on-going key financial and service level reforms in cities. The 14th Finance Commission gave recommendations for assured transfers to Local Bodies for a period of five years (2015-16 to 2019-20). A total of Rs. 87143.80 crores will be transferred to Municipalities during the award period. These grants are being transferred in two parts – Basic Grant and Performance Grant (in the ratio 80:20). We have revised the conditions in order to ensure that cities become financially self-sufficient. Second Tier: AMRUT Reforms consisted of launch of 11 Urban Management and governance reforms comprising of 54 milestones. These reforms have been achieved by all the States / cities. Hence we added five more to the new list of AMRUT New Reforms which included Value Capture Financing, credit rating and Municipal bonds, municipal cadre professionalization, trust and verify approach for frontline services like building permissions and land titling. Third Tier: Incentive fund with a focus on ‘rapid’ and transformational reforms along the three main pillars: governance, planning, and financing focusing on strengthening devolution, own source revenue mobilization, and flexible urban planning. These reforms will enhance downstream accountability mechanisms like making local ward committees responsible for O&M of projects etc. The focus is on big ticket policy reforms at the state level as a priority and also to strike a balance by including an aligned set of reform for cities (more at operational, implementation level). The idea also is to avoid any duplicity with the AMRUT or CFC reforms as much as possible. The plan is to design the incentive mechanism for these big ticket reforms as a challenge where in states and cities compete against each other and are incentivised for their performance in reform implementation.”

 

Sh Mishra informed that this workshop aims to provide a platform to learn from each other's experiences of success and challenges faced to accelerate the progress of work. It will allow cities to leapfrog in implementation. The focus of the daylong workshop is on three things – implementation, implementation and implementation, he added. Providing details of the sessions he informed that the focus of the panel discussions is on

·         Digitally Integrated Smart Solutions through Command and Control Centers

·         Street Re-design and Smart Roads

·         Development of public domain such as squares/ public spaces/ and rejuvenation of lakes

·         Impactful projects, and Implementation of AMRUT

***

RJ

 

 

 

Verano Capital, an American project developer headquartered in Santiago, announced  that the 47 MW solar project they initially developed was selected in Chile’s latest energy tender with a winning bid at $25.38/MWh, the lowest 24/7 block price combining solar and wind ever recorded in the history of energy tenders.

The twin-island state Antigua and Barbuda has taken a leading role in terms of clean energy supply in the Caribbean.

Tamarugal Solar Project in the Tarapacá region will provide reliable, non-intermittent electricity from solar energy 24-hours a day 

SolarXXL is an already well known and successful company for photovoltaics in Europe.

France’s EDF Renewable Energy (EN) has inaugurated the 146 MW Boléro solar plant in the Atacama Desert of Northern Chile, according to a press release.

Omron is ready to realise new photovoltaic business opportunities in Argentina.

RICHARDSON, Texas, Jan. 17, 2018 /PRNewswire/ -- Lennox Industries, a leading provider of innovative home comfort solutions, launched the Lennox SL280NV Ultra Low NOx gas furnace, part of the Dave Lennox Signature Collection of high-efficiency HVAC products, which allows homeowners to feel good about creating better air inside and outside their home. This product is the first in Lennox' new line of eco-efficient furnaces, which are the first furnaces available to purchase that meet the low-emission regulations in certain California markets that now require lower emissions to reduce air pollution, and the product has earned the "Best of IBS" Award for Best Green Building Product at the 2018 NAHB International Builders' Show. 

 (PRNewsfoto/Lennox Industries)
(PRNewsfoto/Lennox Industries)...

The Lennox SL280NV Ultra Low NOx furnace produces 65 percent lower NOx emissions than standard low NOx furnaces, offering the ultimate in comfort and emissions compliance. With a heating efficiency rating of 80 percent AFUE, and as part of a Lennox iComfort thermostat-enabled system, the SL280NV delivers exceptional comfort all winter long and helps homeowners save energy. Lennox' innovative technology allows for a higher heat temperature that burns more of the NOx emissions before releasing them into the air. Additionally, a variable-speed blower motor and two-stage gas valve allows the furnace to adjust airflow and heating output to help homeowners to maintain their ideal temperature throughout their home, quietly and efficiently. 

"The Lennox SL280NV Ultra Low NOx gas furnace is the latest example of Lennox' commitment to innovation and its ability to deliver premium efficiency and comfort to homeowners," said John Whinery, vice president, product management for Lennox. "This first product in Lennox' new line of eco-efficient furnaces offers the best of both worlds for homeowners – quiet and efficient operation with a minimum impact on the environment. It gives contractors peace of mind through its ease of installation and maintenance while providing the only product they can offer to homeowners to meet new stringent California emissions standards."

The SL280NV furnace offers industry-leading features, such as:

  • Ultra Smart Control: When combined with the Lennox iComfortS30 ultra-smart thermostat, the Lennox SL280NV adjusts the heating for energy savings based on the homeowner's routine, helping them save money. 
  • Comfort: The Lennox SL280NV variable speed blower can help condensing units control humidity levels, and also offers continuous filtration for cleaner, healthier air for homeowners.
  • Environmentally Friendly:  The Lennox SL280NV operates at two different levels of heat output, which maintains a consistent temperature in the home using as little fuel as possible. This helps homeowners stay comfortable and reduces their utility costs, while lower emissions help with reducing air pollution.

Lennox SL280NV Ultra Low NOx

Key Features and Benefits

  • Meets the new California emission regulations.
  • Lowers emissions to reduce air pollution.
  • Operates at a more efficient low capacity most of the time, to minimize temperature swings.
  • Helps condensing units control humidity levels for a more comfortable home environment.

The Lennox SL280NV Ultra Low NOx furnace has earned the prestigious "Best of IBS" Award for Best Green Building Product at this year's NAHB International Builders' Show. The awards, presented during a ceremony on the final day of the show, recognized the SL280NV Ultra Low NOx gas furnace for its superior performance and energy efficiency. The award program received hundreds of entries this year in nine categories, which were judged by 27 industry and media representatives. Finalists were evaluated on criteria such as innovation, functionality and design. 

For more information about the new SL280NV Ultra Low NOX gas furnace, visit www.learnnox.com.

About Lennox Industries
Lennox Industries is a leading provider of customized home heating, cooling and indoor air quality products that are designed to deliver customized comfort, efficiency and functionality, with the most innovative and reliable features available.  Lennox is also the first heating and air conditioning manufacturer to harness solar energy for central heating and cooling – and beyond.  The U.S. Environmental Protection Agency and the Department of Energy have selected Lennox as an ENERGY STAR Manufacturer of the Year four times in recent years for its outstanding contribution to developing and promoting energy-efficient products.  For more information about Lennox home comfort products, visit http://www.lennox.com/residential or call 1-800-9-LENNOX.

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SOURCE Lennox Industries

Related Links

https://www.lennox.com

MUNICH--(BUSINESS WIRE)--E-mobility is much more than just the clean mobility solution of the future. When electric vehicles are fueled by solar power, it also drives the deployment of photovoltaics forward. Intersolar Europe, the world’s leading exhibition for the solar industry, and Power2Drive Europe, the new exhibition for e-mobility and charging infrastructure, held June 20–22, 2018 in Munich, Germany under the umbrella of The smarter E Europe, will thus showcase the diverse prospects created for the environment by the combination of PV and e-mobility.

Electric vehicles can be driven and charging stations can be fed with electricity from PV systems, making e-mobility a driver of the PV market. Ideally, electric vehicles are charged with solar power directly from the owner’s roof. For example, a PV system with a capacity of 3 kilowatts peak in a single-family home in Germany can provide enough power annually for electric vehicle owners to drive around 14,000 kilometers (8,700 miles) emission free. This is particularly profitable for PV systems with a capacity of up to ten kilowatts, as these are now exempt from the EEG levy on self-consumption in Germany.

New business models

New business models are also opening up for PV companies and system owners, who can profit from solar filling stations, for example. Installers too are expanding their business activities and making the transition to automobile sales. For example, solar technology suppliers are cooperating with manufacturers to offer electric vehicles for sale or lease.

Where energy and mobility interact

This development makes a platform that combines the industrial fields of automobiles and energy even more important. With Intersolar and Power2Drive Europe, The smarter E Europe closes the gap between the two fields. The combination of PV and e-mobility also plays a significant role in the presentations at the Intersolar Europe Conference and Power2Drive Europe Conference. Visitors here can learn all about the most important topics in the industry – from innovative charging solutions to technologies for PV systems.

The smarter E Europe

The smarter E Europe, the innovative platform for new energy solutions, forms an umbrella for events and topics that drive the new energy world by bringing together four energy exhibitions: Intersolar Europe, ees Europe, Power2Drive Europe and EM-Power.

MIAMI--(BUSINESS WIRE)--Origis Energy USA and Reedy Creek Improvement District today announced a Power Purchase Agreement (PPA) for a 50 MWAC solar facility to be constructed in Orange County, Florida. Once complete, the solar facility developed, built and owned by Origis Energy, will generate approximately 120,000 megawatt hours of power each year and provide clean energy to the Reedy Creek Improvement District.

“We’re excited to begin work on a new solar facility as part of our ongoing responsibility to oversee land use and environmental protections within the district,” said John Classe, District Administrator of the Reedy Creek Improvement District. "This project will significantly enhance our renewable energy abilities and create new environmental opportunities in the future.”

The solar facility will be located on approximately 270 acres in Orange County, Florida. The Origis Energy designs call for the use of single axis tracking technology, approximately 518,000 solar panel modules and will interconnect to the Reedy Creek Improvement District power distribution system. The project will create up to 300 jobs during construction, which is anticipated to start by late spring 2018 and be completed by year end 2018.

“We are honored to assist the Reedy Creek Improvement District leadership team realize their vision for the use of utility scale clean energy,” said Johan Vanhee, Managing Director, Operations and Business Development of Origis Energy. “Florida is our company’s home state as well. We commend the Reedy Creek Improvement District on the deployment of more solar energy in the Sunshine State.”

About Origis Energy

Origis Energy is Powering the Solar RevolutionSM with custom clean energy solutions for utility, commercial and public sector clients. The Origis team has worked to ensure the interests of all stakeholders are upheld in more than 100 projects worldwide totaling over 1 gigawatt to date of developed solar capacity. Headquartered in Miami, FL, Origis Energy USA delivers excellence in solar and energy storage project development, financing, engineering, procurement and construction (EPC) and operations, maintenance and asset management for investors and clean energy consumers across Europe and the Americas. For more information, visit the company online at www.origisenergy.com.

LONDON, Jan. 17, 2018 /PRNewswire/ -- Download the full report: https://www.reportbuyer.com/product/5287154

Advanced distribution management system market for North America is expected to grow US$ 1208.7 million by 2025 from US$ 281 million in 2016. Utilities requiring ADMS are investing in this technology as development and innovations are taking place on a day-to-day basis, users are fixing electric vehicles, rooftop solar photovoltaic systems, and other grid-connected devices that the utilities must provide.

Utilities which are adopting ADMS, understands it as an essential part to stay in electricity business which is frequently getting change. Thus, this factor is expected to boost the boom barriers and bollards market globally.

The global market for advanced distribution management system market will exhibit growth in near future. Some of the factors contributing to the market growth is need to modify or to replace outdated systems with advanced systems for better cost efficient option and power consumption.

However, it needs a dedicated team for the deployment of a system also, integration of ADMS because new systems are complicated and need basic of IT so as to get worked and these are some of restraining factors affecting growth of advanced distribution management system market during the forecast period.

Advanced distribution management system market is segmented by vertical into commercial and industrial. Major part of revenue is generated from commercial, an end user of ADMS. It happened because of the rise in investment for the development of new infrastructure including office premises, shopping malls, institutional buildings which needs ADMS system for better optimization of distribution grid. Also, to upgrade old DMS with advanced DMS to ensure cost savings, with energy savings efficiently and effectively.

The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview was conducted with industry participants and commentators in order to validate data and analysis.

The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the advanced distribution management system industry.

Download the full report: https://www.reportbuyer.com/product/5287154

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.  
Tel: +1 (646) 453 6293
Website: www.reportbuyer.com

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WARSCHAU, Polen, January 17, 2018 /PRNewswire/ --

Skanskas Geschäftseinheit für kommerzielle Bauvorhaben in Mittelosteuropa wird als erstes Bauunternehmen weltweit Bürogebäude in einer großtechnischen Anwendung mit halbtransparenten Perowskit-Solarzellen ausstatten. Dies ist ein völlig neuer Ansatz zur Umstellung auf energieautonome Gebäude. Saule Technologies wird die nötige Technologie bereitstellen. Die ersten Umsetzungstests sollen 2018 in Polen stattfinden. 

Olga Malinkiewicz (left), co-founder and CTO at Saule Technologies and Katarzyna Zawodna (right), CEO of Skanska’s commercial development business in CEE, with a perovskite solar module. (PRNewsFoto/Skanska Commercial Development)
Olga Malinkiewicz (left), co-founder and CTO at Saule Technologies and Katarzyna Zawodna (right), CEO of Skanska’s commercial development business in CEE, with a perovskite solar module. (PRNewsFoto/Skanska Commercial Development)
Printed, flexible, perovskite photovoltaics developed by Saule Technologies. The inkjet printing technique allows the design and production of free-form solar modules. (PRNewsFoto/Skanska Commercial Development)
Printed, flexible, perovskite photovoltaics developed by Saule Technologies. The inkjet printing technique allows the design and production of free-form solar modules. (PRNewsFoto/Skanska Commercial Development)
Example of Skanska’s office building covered by semi-transparent perovskite solar modules. Perovskites are integrated into property’s façade without changing its design and esthetics. (PRNewsFoto/Skanska Commercial Development)
Example of Skanska’s office building covered by semi-transparent perovskite solar modules. Perovskites are integrated into property’s façade without changing its design and esthetics. (PRNewsFoto/Skanska Commercial Development)

     (Logo: https://mma.prnewswire.com/media/629444/Skanska_Logo.jpg )
     (Photo: https://mma.prnewswire.com/media/629446/Skanska_Saule_Technologies.jpg )
     (Photo: https://mma.prnewswire.com/media/629445/Skanska_Solar_Cells.jpg )
     (Photo: https://mma.prnewswire.com/media/629447/Skanska_Office_Buildings.jpg )

Energieautonome Bürogebäude sind dank der Perowskit-Technologie, die sich inzwischen in Gebäudefassaden integrieren lässt, zur Realität geworden. Skanska wird die Testzellen 2018 in seinen Projekten einsetzen und damit einen wichtigen Meilenstein auf dem Weg zu Investitionen in Null-Energie- und kohlenstoffneutrale Bürogebäude erreichen. Der Bauunternehmer hat im Rahmen einer Lizenzvereinbarung zwischen den Unternehmen die exklusiven Rechte zur Nutzung der Solarzellenlösungen von Saule Technologies in Gebäudefassaden und Lärmschutzwänden in allen Märkten weltweit erworben, in denen Skanska vertreten ist. Die Perowskit-Technologie bedeutet Vorteile für den Bauherrn, die Mieter und die Gemeinden - kostengünstige Implementierung, sowie eine Verringerung von Energieverbrauch und -kosten und der CO2-Bilanz.

Perowskit ist ein kristallines Material, das mit großer Wahrscheinlichkeit Silizium ersetzen wird - das derzeit beliebteste Halbleitermaterial in Solarzellenanwendungen. Saule Technologies arbeitet schon seit 2014 an der Anwendung von Tintenstrahl-Druckmethoden zur Herstellung von Freiform-Perowskit-Solarmodulen. Mithilfe dieser Technik können Form, Farbe und Größe der Module auf spezifische Anforderungen zugeschnitten und auf allen freien Bereichen eines Gebäudes installiert werden. Dies bedeutet die Aufhebung der Beschränkung auf Dächer und statische Einstrahlungswinkel, und damit erhöht sich die Nutzbarkeit der Sonnenenergie um ein Vielfaches. Die Module sind aufgrund ihrer Stabilität und Wasserfestigkeit ideal für die Bauindustrie. Das Unternehmen führte an führenden Universitäten im Vereinigten Königreich, in Israel, Deutschland, Italien und Spanien umfassende internationale Forschungsprojekte zu dieser Technologie durch. Mithilfe eines japanischen Investors sowie von Forschungszuschüssen in Höhe von 20 Millionen EUR arbeitet Saule Technologies jetzt an einer großtechnischen Prototyp-Produktionsanlage.

http://www.sauletech.com

Die in Schweden ansässige Skanska Group hat es sich zum Ziel gesetzt, das führende grüne Entwicklungs- und Bauunternehmen zu werden. Das Unternehmen ist ein Unterzeichner des Global Compact der Vereinten Nationen seit 2001. Im Jahr 2009 führte Skansa als einer der ersten Bauunternehmer im Bau- und Umweltingenieurwesen die LEED-Zertifizierung für den Bürogebäudemarkt ein und gab 2017 die Implementierung des WELL-Standards für Gebäude bekannt. Die Nutzung von Perowskit-Solarzellen für Null-Energie-Gebäude ist nun die neueste Innovation in der nachhaltigen Baustrategie von Skanska. http://www.skanska.com/property

Aleksandra Markiewicz 
External Communication Manager  
Skanska  
Tel.: +48-797-229-147  
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.  

Maja Michalak
Senior Consultant
Linkleaders Strategy & Communication
Tel.: +48-517-071-501
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

QUELLE Skanska Commercial Development Europe

BHUBANESWAR, Indien, January 17, 2018 /PRNewswire/ --

Das Kalinga Institute of Social Sciences (KISS), ein Schwesterkonzern des Kalinga Institute of Industrial Technology (KIIT), gewann als einzige Organisation aus Indien den "18. Energy Globe World Award - 2017". Der Energy Globe World Award ist die wichtigste Auszeichnung im Bereich Umwelt. Der Preis wurde KISS im Rahmen einer Zeremonie, an der über 60 Länder teilnahmen und die weltweit ausgestrahlt wurde, am 16. Januar 2018 in Teheran, Iran, überreicht.

Mega Kitchen of KISS (PRNewsfoto/KIIT)
Mega Kitchen of KISS (PRNewsfoto/KIIT)

     (Photo: https://mma.prnewswire.com/media/629276/KIIT_KISS_Energy_Globe_World_Award.jpg )

KISS gewann den Preis in der Kategorie "Feuer" für grüne Initiativen dieses Instituts, die die Umweltbelastung beim Kochen im großen Maßstab reduzieren. Für diesen Preis haben sich nicht weniger als 2.000 Projekte aus 178 Ländern in den folgenden fünf Kategorien beworben: Land, Feuer, Wasser, Luft und Jugend. Indien, Thailand und Spanien wurden als globale Finalisten für die Kategorie "Feuer" ausgewählt. Die hochkarätig besetzte Jury wählte KISS nach einer sorgfältigen Bewertung als einzige Organisation aus Indien für den Preis aus.

KISS modernisiert die Zubereitung von Speisen für 27.000 Schüler durch eine Biogasanlage, ein Dampfkochsystem, eine Solaranlage und eine Anlage zum nachhaltigen Umgang mit Regenwasser. Staatsmänner, politische Entscheidungsträger, Regierungsbeamte und Nobelpreisträger aus aller Welt haben KISS besucht und das hier eingesetzte umweltfreundliche System großzügig gelobt.

Dr. Achyuta Samanta von KIIT & KISS äußerte sich erfreut: "Diese außergewöhnliche Errungenschaft von KISS hat nicht nur für KISS, sondern für das ganze Land Stolz und Ehre gebracht. Da die Welt aufgrund der Bedrohung durch den Klimawandel am Rande der Umweltgefährdung steht, wird der Schutz der Umwelt von jedem einzelnen Erdbewohner als unausweichlich empfunden."

Der Energy Globe Award ist ein Umweltpreis, der die besten Lösungen für aktuelle Energie- und Klimaveränderungen auszeichnet. Er wurde 1999 in Österreich als lokale Initiative gegründet. Seitdem hat er sich zu einem globalen Preis entwickelt, der jährlich in über 170 Ländern verliehen wird. Der Energy Globe Award wird jedes Jahr zuerst vor Ort auf nationaler Ebene vergeben. Die besten Projekte werden dann für den Energy Globe World Award nominiert, der in fünf verschiedenen Kategorien vergeben wird. Die Preisverleihungszeremonie findet jedes Jahr in einem anderen Land statt.

Die Jury bestand aus einer Reihe prominenter Umweltaktivisten: Prof. Edward S. Ayensu, Don Baker, Maneka Gandhi, Peter Rae und Franz-Josef Radermacher.

Pressekontakt:
Shradhanjali Nayak
Direktor - Public Relations
KIIT
+91-9437020240
This email address is being protected from spambots. You need JavaScript enabled to view it.

SOURCE KIIT

SHANGHAI, Dec. 11, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar"), a global leader in the photovoltaic (PV) industry, today announced it is a 2016-17 Leader in Silicon Valley Toxics Coalition's ("SVTC") Solar Scorecard, a system which ensures that the PV sector is safe for the environment, workers, and communities. JinkoSolar is in the top 5 of 35 manufacturers assessed. 

The SVTC Solar Scorecard is a resource for consumers, institutional purchasers, investors, developers, and anyone who wants to purchase PV modules from responsible product stewards.  The PV industry's continued growth makes it critical to take action to reduce the use of toxic chemicals, develop responsible recycling systems, and protect workers throughout the global PV supply chain.

JinkoSolar received full marks on commitment to worker rights, health, and safety, enforceable commitment from suppliers to protect workers and the environment, and a reduction of toxic materials in modules. The company was also recognized for its extended producer responsibility, emissions reporting, and reduction in water usage.

"We are proud to be a 2016-17 Leader in SVTC's Solar Scorecard," said Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. "We work hard to ensure that JinkoSolar modules, which are powering a more sustainable planet, are themselves manufactured cleanly and efficiently."

"We are pleased with JinkoSolar's participation in the 2016-17 Solar Scorecard and its commitment to transparency," said Sheila Davis, Executive Director of SVTC. "Consumers and corporations have choices when they purchase solar, and we hope the Solar Scorecard can help them choose companies, such as JinkoSolar, who are dedicated to sharing information about their environmentally sustainable manufacturing programs and practices.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is a global leader in the solar industry. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 7 GW for silicon ingots and wafers, 4.5 GW for solar cells, and 8 GW for solar modules, as of September 30, 2017.

JinkoSolar has over 15,000 employees across its 8 productions facilities globally, 16 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, South Africa and United Arab Emirates, and 15 global sales offices in China (2), United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia.

To find out more, please see: www.jinkosolar.com

About Silicon Valley Toxics Coalition

Silicon Valley Toxics Coalition is a nonprofit organization engaged in research, advocacy and grassroots organizing to promote human health and environmental justice in response to the rapid growth of the high-tech industry. For more information, go to www.svtc.org.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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SOURCE JinkoSolar Holding Co., Ltd.

SHANGHAI, Dec. 7, 2017 /PRNewswire-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced its unaudited financial results for the third quarter ended September 30, 2017.

Third Quarter 2017 Highlights

  • Total solar module shipments were 2,374 megawatts ("MW"), a decrease of 17.7% from 2,884 MW in the second quarter of 2017 and an increase of 47.8% from 1,606 MW in the third quarter of 2016.
  • Total revenues were RMB6.42 billion (US$964.8 million), a decrease of 19.0% from the second quarter of 2017 and an increase of 20.4% from the third quarter of 2016.
  • Gross margin was 12.0%, compared with 10.5% in the second quarter of 2017 and 19.2% in the third quarter of 2016.
  • Income from operations was RMB91.9 million (US$13.8 million), compared with RMB85.3 million in the second quarter of 2017 and RMB433.3 million in the third quarter of 2016.
  • Net income attributable to the Company's ordinary shareholders from continuing operations was RMB11.3 million (US$1.7 million) in the third quarter of 2017, compared with RMB47.4 million in the second quarter of 2017 and RMB233.7 million in the third quarter of 2016.
  • Diluted earnings per American depositary share ("ADS") from continuing operations were RMB0.32(US$0.04).
  • Non-GAAP net income attributable to the Company's ordinary shareholders from continuing operations in the third quarter of 2017 was RMB25.9 million (US$3.9 million), compared with RMB61.2 million in the second quarter of 2017 and RMB271.4 million in the third quarter of 2016.
  • Non-GAAP basic and diluted earnings per ADS from continuing operations were RMB0.80(US$0.12) and RMB0.76(US$0.12), respectively, in the third quarter of 2017.

Mr. Kangping Chen, JinkoSolar's Chief Executive Officer commented, "Module shipments during the quarter exceeded the high end of our guidance, reaching to 2,374MW. Total revenues hit $964.8 million, a decrease of 19% sequentially and 20.4% from the same period last year. Our gross margin rebounded to 12.0% from 10.5% last quarter as a direct result of our effective cost cutting measures and reduction in the usage of OEM manufacturers."

"Demand in China remained strong during the quarter as the distributed generation ("DG") market there grows rapidly. We have fully evaluated the various remedy recommendations from the US International Trade Commission and are awaiting its final decision on the Section 201 petition. Regardless of what the final outcome is, we strongly believe in the US solar market's long-term growth trajectory and will adjust our strategy there accordingly. Demand in Europe has shown signs of an improvement as the effects of electricity parity sink in for more countries. The Indian market is growing rapidly and is expected to become the world's third largest. The sustainable, long-term development of emerging markets such as Australia, Jordan, Egypt, Mexico and Brazil has greatly improved as solar system costs rapidly drop and regulators gain more experience in promoting green energy and organizing electricity auctions. We will continue to strengthen our leading position in various emerging markets by expanding our service teams there and enhancing our brand image."

"The optimization of our mono wafer costs and diamond wire cutting application to our multi wafer production lines remain on track and are expected to be completed next quarter. Our tech team continues to make solid progress in developing half-cell and bifacial n-type cells technologies. We also made progress in developing new technologies such as Hydride Oxide Thin Film. Overall, we will continue to allocate resources towards innovating new and exciting solar technologies to strengthen our leading position in the market."

"I remain confident in the long-term sustainability of our business as we continue to devote resources towards developing new technologies and supporting the expansion of our market share in exciting and rapidly growing markets." 

Third Quarter 2017 Financial Results

Total Revenues

Total revenues in the third quarter of 2017 were RMB6.42 billion (US$964.8 million), a decrease of 19.0% from RMB7.92 billion in the second quarter of 2017 and an increase of 20.4% from RMB5.33 billion in the third quarter of 2016. The sequential decrease was mainly attributable to a decrease in solar module shipments. The year-over-year increase was mainly attributable to an increase in solar module shipments which was partially offset by a decline in average selling price ("ASP") of solar modules in the third quarter of 2017.

Gross Profit and Gross Margin

Gross profit in the third quarter of 2017 was RMB772.4 million (US$116.1 million), compared with RMB834.8 million in the second quarter of 2017 and RMB1.03 billion in the third quarter of 2016. The sequential decrease was mainly attributable to a decrease in solar module shipments. The year-over-year decrease was mainly attributable to a decline in ASPs of solar modules in the third quarter of 2017.

Gross margin was 12.0% in the third quarter of 2017, compared with 10.5% in the second quarter of 2017 and 19.2% in the third quarter of 2016. The sequential increase was mainly attributable to the Company's effective cost control measures and reduction in the usage of OEM manufacturers. The year-over-year decrease was mainly attributable to a decline in ASPs of solar modules in the third quarter of 2017.

Income from Operations and Operating Margin

Income from operations in the third quarter of 2017 was RMB91.9 million (US$13.8 million), compared with RMB85.3 million in the second quarter of 2017 and RMB433.3 million in the third quarter of 2016. Operating margin in the third quarter of 2017 was 1.4%, compared with 1.1% in the second quarter of 2017 and 8.1% in the third quarter of 2016.

Total operating expenses in the third quarter of 2017 were RMB680.5 million (US$102.3 million), a decrease of 9.2% from RMB749.5 million in the second quarter of 2017 and an increase of 14.8% from RMB592.8 million in the third quarter of 2016. The sequential decease was mainly due to a decrease in shipping costs which was in line with the decline in solar module shipments. The year-over-year increase was primarily due to an increase in shipping costs, which was in line with the increase in solar module shipments, and partially offset by a decrease in bad debt expenses due to the reversal of allowance for doubtful accounts upon subsequent collections.

Total operating expenses accounted for 10.6% of total revenues in the third quarter of 2017, compared to 9.5% in the second quarter of 2017 and 11.1% in the third quarter of 2016.

Interest Expense, Net

Net interest expense in the third quarter of 2017 was RMB52.3 million (US$7.9 million), a decrease of 35.1% from RMB80.6 million in the second quarter of 2017 and a decrease of 60.6% from RMB132.9 million in the third quarter of 2016. The sequential and year-over–year decreases were due to a decrease in interest expenses associated with the discounted notes receivable.

Exchange Gain / (Loss), Net

The Company recorded a net exchange loss (including change in fair value of forward contracts) of RMB49.3 million (US$7.4 million) in the third quarter of 2017, compared to a net exchange loss of RMB34.2 million in the second quarter of 2017 and a net exchange loss of RMB7.2 million in the third quarter of 2016. The Company recorded a net exchange loss of RMB49.3 million(US$7.4 million) in the third quarter of 2017 due to the depreciation of US dollars against RMB.

Income Tax Expense / (Benefit), Net

The Company recorded an income tax expense of RMB4.5 million (US$0.7 million) in the third quarter of 2017, compared with an income tax benefit of RMB32.5 million in the second quarter of 2017 and an income tax expense of RMB116.0 million in the third quarter of 2016.

Net Income and Earnings per Share

Net income attributable to the Company's ordinary shareholders from continuing operations in the third quarter of 2017 was RMB11.3 million (US$1.7 million), compared with RMB47.4 million in the second quarter of 2017 and RMB233.7 million in the third quarter of 2016.

Basic and diluted earnings per ordinary share from continuing operations were RMB0.09(US$0.01) and RMB0.08(US$0.01), respectively, during the third quarter of 2017. This translates into basic and diluted earnings per ADS from continuing operations of RMB0.36(US$0.04) and RMB0.32(US$0.04), respectively.

Non-GAAP net income in the third quarter of 2017 was RMB25.9 million (US$3.9 million), compared with RMB61.2 million in the second quarter of 2017 and RMB271.4 million in the third quarter of 2016.

Non-GAAP basic and diluted earnings per ordinary share from continuing operations were RMB0.20(US$0.03) and RMB0.19(US$0.03), respectively, during the third quarter of 2017. This translates into non-GAAP basic and diluted earnings per ADS from continuing operations of RMB0.80(US$0.12) and RMB0.76(US$0.12), respectively.

Financial Position

As of September 30, 2017, the Company had RMB2.47 billion (US$371.1 million) in cash and cash equivalents and restricted cash, compared with RMB1.90 billion as of June 30, 2017.

As of September 30, 2017, the Company's accounts receivables due from third parties were RMB5.82 billion (US$875.1 million), compared with RMB6.47 billion as of June 30, 2017.

As of September 30, 2017, the Company's inventories were RMB5.24 billion (US$787.9 million), compared with RMB5.20 billion as of June 30, 2017.

As of September 30, 2017, the Company's total interest-bearing debts were RMB8.26 billion (US$1.24 billion), compared with RMB7.41 billion as of June 30, 2017. On July 17, 2017, the Company issued three-year medium term notes ("MTN") at a principal of RMB300 million (US$45.1 million). At the end of the second year in the life of the MTN, the Company has an option to adjust the interest rate while the bondholders have a right to require the Company to repurchase all or part of its outstanding MTN.

Third Quarter 2017 Operational Highlights

Solar Module Shipments

Total solar module shipments in the third quarter of 2017 were 2,374 MW.

Solar Products Production Capacity

As of September 30, 2017, the Company's in-house annual silicon wafer, solar cell and solar module production capacity was 7.0 GW, 4.5 GW and 8.0 GW, respectively.

Recent Business Developments

  • In November 2017, JinkoSolar announced that it has broken its own world record by achieving P-type monocrystalline PERC solar cell efficiency of 23.45%
  • In October 2017, JinkoSolar announced that its practical sized (245.83cm2) P-type multi-crystalline silicon solar cells reached the world's highest conversion efficiency of 22.04%.
  • In September 2017, JinkoSolar announced that it filed a prospectus supplement to sell up to an aggregate of US$100 million of its ADSs through an at-the-market equity offering program.
  • In September 2017, JinkoSolar supplied 28.2 MW dc of its solar PV modules to Swinerton Renewable Energy, for the construction of the Jacumba Solar Project.
  • In September 2017, JinkoSolar ranked as top solar brand used in debt-financed projects and most "bankable" PV manufacturer by Bloomberg New Energy Finance.
  • In September 2017, JinkoSolar was invited to attend the 9th BRICS Summit hosted in Xiamen, China.

Operations and Business Outlook

Fourth Quarter and Full Year 2017 Guidance

For the fourth quarter of 2017, the Company estimates total solar module shipments to be in the range of 2.3 GW to 2.5 GW.

For the full year 2017, the Company estimates total solar module shipments to be in the range of 9.6 GW and 9.8 GW.

Conference Call Information

JinkoSolar's management will host an earnings conference call on Wednesday, December 7, 2017 at 7:30 a.m. U.S. Eastern Time (8:30 p.m.Beijing / Hong Kong the same day).

Dial-in details for the earnings conference call are as follows:

Hong Kong / International:

+852 3008 1527


U.S. Toll Free:

+1 800-281-7973


Passcode:

7881926





Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available 2 hours after the conclusion of the conference call through 23:59 U.S. Eastern Time, December 14, 2017. The dial-in details for the replay are as follows:

International:

+61 (0) 2 9101 1954


U.S. Toll Free:

+1-888-203-1112


Passcode:

7881926





Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of JinkoSolar's website at www.jinkosolar.com.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is a global leader in the solar industry. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 7 GW for silicon ingots and wafers, 4.5 GW for solar cells, and 8 GW for solar modules, as of September 30, 2017.

JinkoSolar has over 15,000 employees across its 8 productions facilities globally, 16 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, South Africa and United Arab Emirates, and 15 global sales offices in China (2), United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia.

To find out more, please see: www.jinkosolar.com

Use of Non-GAAP Financial Measures

To supplement its consolidated financial results presented in accordance with United States Generally Accepted Accounting Principles ("GAAP"), JinkoSolar uses certain non-GAAP financial measures including, non-GAAP net income , non-GAAP earnings per Share, non-GAAP earnings per ADS, and non-GAAP diluted weighted average ordinary shares outstanding, which are adjusted from the comparable GAAP results to exclude certain expenses or incremental ordinary shares relating to share-based compensation, convertible senior notes and capped call options:

  • Non-GAAP net income is adjusted to exclude the expenses relating to changes in fair value of convertible senior notes and capped call options, interest expenses of convertible senior notes, exchange gain on the convertible senior notes and capped call options, stock-based compensation, allocation of net income to redeemable non-controlling interests, and accretion to redemption value of redeemable non-controlling interests; given these Non-GAAP net income adjustments above are either related to the Company or its subsidiaries incorporated in Cayman Islands, which are not subject to tax exposures, or related to those subsidiaries with tax loss positions which result in no tax impacts, therefore no tax adjustment is needed in conjunction with these Non-GAAP net income adjustments; and
  • Non-GAAP earnings per Share and non-GAAP earnings per ADS are adjusted to exclude the expenses relating to the issuance costs of convertible senior notes, changes in fair value of convertible senior notes and capped call options, interest expenses of convertible senior notes and exchange gain on the convertible senior notes and capped call options, stock-based compensation, and accretion to redemption value of redeemable non-controlling interests.

The Company believes that the use of non-GAAP information is useful for analysts and investors to evaluate JinkoSolar's current and future performances based on a more meaningful comparison of net income and diluted net income per ADS when compared with its peers and historical results from prior periods. These measures are not intended to represent or substitute numbers as measured under GAAP. The submission of non-GAAP numbers is voluntary and should be reviewed together with GAAP results.

Currency Convenience Translation

The conversion of Renminbi into U.S. dollars in this release, made solely for the convenience of the readers, is based on the noon buying rate in the city of New York for cable transfers of Renminbi as certified for customs purposes by the Federal Reserve Bank of New York as of September 29, 2017, which was RMB6.6533 to US$1.00. No representation is intended to imply that the Renminbi amounts could have been, or could be, converted, realized, or settled into U.S. dollars at that rate or any other rate. The percentages stated in this press release are calculated based on Renminbi.

Safe-Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:
Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Christian Arnell
Christensen
Tel: +86-10-5900-2940
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

In the U.S.:
Ms. Linda Bergkamp
Christensen
Tel: +1-480-614-3004
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

JINKOSOLAR HOLDING CO., LTD. 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except ADS and Share data)


For the quarter ended


For the nine months ended     



September 30, 2016


June 30, 2017


September 30, 2017


September 30, 2016


September 30, 2017


 Continuing operations 

RMB


RMB


RMB


USD








 Revenues from third parties 

5,331,232


7,908,533


5,958,121


895,514


16,176,175


19,619,733


2,948,872

















 Revenues from related parties 

-


15,555


461,292


69,333


102,960


500,571


75,237

















 Total revenues 

5,331,232


7,924,088


6,419,413


964,847


16,279,135


20,120,304


3,024,109

















 Cost of revenues 

(4,305,166)


(7,089,255)


(5,647,016)


(848,754)


(13,139,781)


(17,864,049)


(2,684,991)

















 Gross profit 

1,026,066


834,833


772,397


116,093


3,139,354


2,256,255


339,118

















 Operating expenses: 















   Selling and marketing 

(371,669)


(550,823)


(489,767)


(73,613)


(1,083,377)


(1,454,402)


(218,599)


   General and administrative 

(175,414)


(125,029)


(116,121)


(17,453)


(557,757)


(357,100)


(53,673)


   Research and development 

(41,864)


(73,694)


(74,652)


(11,219)


(123,876)


(210,832)


(31,688)


   Impairment of long-lived assets 

(3,819)


-


-


-


(103,147)


-


-


 Total operating expenses 

(592,766)


(749,546)


(680,540)


(102,285)


(1,868,157)


(2,022,334)


(303,960)

















 Income from operations 

433,300


85,287


91,857


13,808


1,271,197


233,921


35,158


 Interest expenses, net 

(132,859)


(80,572)


(52,286)


(7,859)


(284,758)


(189,979)


(28,554)


 Change in fair value of derivative liability 

36,048


(16,394)


(3,437)


(517)


34,937


(19,455)


(2,924)


 Subsidy income 

12,809


49,038


14,154


2,127


87,424


118,384


17,794


 Exchange gain/(loss) 

2,602


(29,810)


(46,368)


(6,969)


191,138


(82,518)


(12,403)


 Change in fair value of forward contracts 

(9,752)


(4,341)


(2,946)


(443)


(52,581)


(6,181)


(929)


 Change in fair value of convertible senior
   notes and capped call options 

(15,684)


-


-


-


(95,531)


-


-


 Other income/(expense), net 

(291)


11,773


15,109


2,271


(668)


38,824


5,835


 Investment loss 

1,731


(194)


(438)


(66)


92


(632)


(95)


 Income from continuing operations before income taxes

327,904


14,787


15,645


2,352


1,151,250


92,364


13,882


 Income tax (expense)/benefit 

(115,973)


32,460


(4,466)


(671)


(306,687)


26,467


3,978


Income from continuing operations, net of tax

211,931


47,247


11,179


1,681


844,563


118,831


17,860


 Discontinued operations 















Income from discontinued operations before income taxes   

83,083


-


-


-


145,542


-


-


Income tax expense, net

(830)


-


-


-


(1,446)


-


-


Income from discontinued operations, net of tax

82,253


-


-


-


144,096


-


-

















 Net income 

294,184


47,247


11,179


1,681


988,659


118,831


17,860


 Less: Net loss attributable to non-controlling
          interests from continuing operations 

(221)


(121)


(113)


(17)


(310)


(403)


(61)


 Less: Net income attributable to non-controlling
          interests from discontinued operations 

1,561


-


-


-


5,284


-


-


 Less: Allocation of net income to participating preferred shares issued
          by discontinued operations 

10,247


-


-


-


13,895


-


-


 Less: Accretion to redemption value of redeemable non-controlling
          interests of discontinued operations 

48,922


-


-


-


142,702


-


-


 Net income attributable to JinkoSolar
 Holding Co., Ltd.'s ordinary shareholders 

233,675


47,368


11,292


1,698


827,088


119,234


17,921






























































 Earnings/(loss) per share for ordinary shareholders,
basic 















 Continuing operations 

1.68


0.37


0.09


0.01


6.72


0.93


0.14


 Discontinued operations 

0.17


-


-


-


(0.14)


-


-


 Total earnings/(loss) per share for ordinary
shareholders, basic 

1.85


0.37


0.09


0.01


6.58


0.93


0.14
































 Earnings/(loss) per share for ordinary
shareholders, diluted 















 Continuing operations 

1.35


0.37


0.08


0.01


6.09


0.91


0.14


 Discontinued operations 

0.16


-


-


-


(0.14)


-


-


 Total earnings/(loss) per share for ordinary shareholders,
diluted 

1.51


0.37


0.08


0.01


5.95


0.91


0.14

















 Earnings/(loss) per ADS for ordinary shareholders, basic 















 Continuing operations 

6.72


1.48


0.36


0.04


26.88


3.72


0.56


 Discontinued operations 

0.68


-


-


-


(0.56)


-


-


 Total earnings/(loss) per ADS for ordinary shareholders, basic 

7.40


1.48


0.36


0.04


26.32


3.72


0.56

















 Earnings/(loss) per ADS for ordinary shareholders, diluted 















 Continuing operations 

5.40


1.48


0.32


0.04


24.36


3.64


0.56


 Discontinued operations 

0.64


-


-


-


(0.56)


-


-


 Total earnings/(loss) per ADS for ordinary shareholders, diluted 

6.04


1.48


0.32


0.04


23.80


3.64


0.56

















 Weighted average ordinary shares outstanding: 















   Basic 

126,056,129


128,247,292


130,186,074


130,186,074


125,680,215


128,442,966


128,442,966


   Diluted 

130,613,442


129,493,716


134,413,564


134,413,564


134,070,821


130,720,283


130,720,283

















 Weighted average ADS outstanding: 















   Basic 

31,514,032


32,061,823


32,546,519


32,546,519


31,420,054


32,110,742


32,110,742


   Diluted 

32,653,360


32,373,429


33,603,391


33,603,391


33,517,705


32,680,071


32,680,071

















UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME























 Net income 

294,184


47,247


11,179


1,681


988,659


118,831


17,860


 Other comprehensive income: 















   -Foreign currency translation adjustments 

(3,409)


(22,391)


(25,226)


(3,792)


(15,876)


(65,180)


(9,797)


 Comprehensive income 

290,775


24,856


(14,047)


(2,111)


972,783


53,651


8,063


 Less: Comprehensive income attributable to non-
controlling interests 

1,340


(121)


(113)


(17)


4,974


(403)


(61)


 Less:Allocation of net income to participating preferred
shares issued by discontinued operations 

10,247


-


-


-


13,895


-


-


 Comprehensive income attributable to JinkoSolar Holding
Co., Ltd.'s ordinary shareholders 

279,188


24,977


(13,934)


(2,094)


953,914


54,054


8,124















































 Reconciliation of GAAP and non-GAAP Results (Excluding discontinued
operations) 






























 1. Non-GAAP earnings per share and non-GAAP
earnings per ADS 






























 GAAP net income attributable to ordinary shareholders
from continuing operations 

212,152


47,368


11,292


1,698


844,873


119,234


17,921

















 Change in fair value of convertible senior notes and
capped call options 

15,684


-


-


-


95,531


-


-

















 4% of interest expense of convertible senior notes 

8,007


1


1


-


31,998


1,557


234

















 Exchange loss/(gain) on convertible senior notes and
capped call options 

5,958


(1)


(1)


-


24,176


841


126

















 Stock-based compensation expense 

29,558


13,822


14,645


2,201


55,580


45,868


6,894

















 Non-GAAP net income attributable to ordinary
shareholders from continuing operations 

271,359


61,190


25,937


3,899


1,052,158


167,500


25,175

















 Non-GAAP earnings per share attributable to ordinary
shareholders from continuing operations - 















   Basic 

2.15


0.48


0.20


0.03


8.37


1.30


0.20


   Diluted 

2.08


0.47


0.19


0.03


7.85


1.28


0.19

















 Non-GAAP earnings per ADS attributable to ordinary
shareholders from continuing operations - 















   Basic 

8.60


1.92


0.80


0.12


33.48


5.20


0.80


   Diluted 

8.32


1.88


0.76


0.12


31.40


5.12


0.76

















 Non-GAAP weighted average ordinary shares outstanding  















   Basic 

126,056,129


128,247,292


130,186,074


130,186,074


125,680,215


128,442,966


128,442,966


   Diluted 

130,613,442


129,493,716


134,413,564


134,413,564


134,070,821


130,720,283


130,720,283

















 Non-GAAP weighted average ADS outstanding  















   Basic 

31,514,032


32,061,823


32,546,519


32,546,519


31,420,054


32,110,742


32,110,742


   Diluted 

32,653,360


32,373,429


33,603,391


33,603,391


33,517,705


32,680,071


32,680,071

















Results presented herein exclude Jinko Power-related discontinued operations, unless specified otherwise

JINKOSOLAR HOLDING CO., LTD. 

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)


December 31, 2016


September 30, 2017


RMB


RMB


USD

ASSETS






Current assets:






  Cash and cash equivalents

2,501,417


2,117,949


318,331

  Restricted cash 

318,785


350,893


52,740

  Restricted short-term investments

3,333,450


4,042,325


607,567

  Short-term investments

71,301


67,888


10,204

  Accounts receivable, net - related parties

1,414,084


1,025,297


154,104

  Accounts receivable, net - third parties

4,753,715


5,822,194


875,084

  Notes receivable, net - related parties

610,200


240,000


36,072

  Notes receivable, net - third parties

915,315


396,056


59,528

  Advances to suppliers, net - related parties

662


-


-

  Advances to suppliers, net - third parties

325,766


607,694


91,337

  Inventories, net

4,473,515


5,242,139


787,901

  Forward contract receivables

641


349


52

  Deferred tax assets 

130,676


-


-

  Other receivables - related parties

79,125


98,963


14,874

  Prepayments and other current assets

766,645


1,426,456


214,397

Total current assets

19,695,297


21,438,203


3,222,191







Non-current assets:






  Restricted cash

197,214


176,344


26,505

  Project Assets

55,063


219,181


32,943

  Long-term investments

7,200


23,521


3,535

  Property, plant and equipment, net

4,738,681


6,028,169


906,042

  Land use rights, net

450,941


447,616


67,277

  Intangible assets, net

20,297


26,466


3,978

  Deferred tax assets 

134,791


265,467


39,900

  Other assets - related parties

173,376


135,382


20,348

  Other assets - third parties

617,780


884,292


132,910

Total non-current assets

6,395,343


8,206,438


1,233,438







Total assets

26,090,640


29,644,641


4,455,629







LIABILITIES






Current liabilities:






  Accounts payable - related parties

-


2,256


339

  Accounts payable - third parties

4,290,071


4,593,518


690,412

  Notes payable - third parties

4,796,766


6,072,200


912,660

  Accrued payroll and welfare expenses

582,276


669,024


100,555

  Advances from related parties

60,541


54,593


8,205

  Advances from  third parties

1,376,920


877,068


131,825

  Income tax payable

168,112


62,419


9,382

  Other payables and accruals

1,019,419


1,579,261


237,366

  Other payables due to related parties

76,034


11,555


1,737

  Forward contract payables

-


6,410


963

  Convertible senior notes - current

423,740


-


-

  Deferred tax liabilities 

17,074


-


-

  Derivative liability -  current

10,364


29,819


4,482

  Bond payable and accrued interests

-


4,606


692

  Short-term borrowings from third parties,
     including current portion of long-term bank
     borrowings

5,488,629


6,923,327


1,040,585

  Guarantee liabilities to related parties

52,711


33,928


5,099

Total current liabilities

18,362,657


20,919,984


3,144,302







Non-current liabilities:






  Long-term borrowings

488,520


462,049


69,447

  Long-term payables

44,014


567,777


85,338

  Bond payables

-


298,075


44,801

  Accrued warranty costs - non current

511,209


577,257


86,763

  Convertible senior notes

-


66


10

  Deferred tax liability

50,651


67,725


10,179

  Guarantee liabilities to related parties 
   - non current

173,376


128,183


19,266

Total non-current liabilities

1,267,770


2,101,132


315,804







Total liabilities

19,630,427


23,021,116


3,460,106







SHAREHOLDERS' EQUITY






Ordinary shares (US$0.00002 par value,
500,000,000 shares authorized, 126,733,266
and 130,186,074 shares issued and
outstanding as of  December 31, 2016 and
September 30, 2017, respectively)

18


18


3

Additional paid-in capital

3,145,262


3,254,923


489,219

Statutory reserves

466,253


466,253


70,078

Accumulated other comprehensive income

104,784


39,604


5,952

Treasury stock, at cost; 1,723,200 shares of
ordinary shares as of  December 31, 2016
and September 30, 2017, respectively

(13,876)


(13,876)


(2,086)

Accumulated retained earnings

2,758,268


2,877,502


432,492







Total JinkoSolar Holding Co., Ltd. shareholders' equity

6,460,709


6,624,424


995,658







Non-controlling interests

(496)


(899)


(135)







Total liabilities and shareholders' equity

26,090,640


29,644,641


4,455,629

View original content:http://www.prnewswire.com/news-releases/jinkosolar-announces-third-quarter-2017-financial-results-300568322.html

SOURCE JinkoSolar Holding Co., Ltd.

SHANGHAI, Dec. 5, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the photovoltaic (PV) industry, announced that it supplied polycrystalline photovoltaic panels to the first solar power plant in Armenia. The opening ceremony took place earlier in November in the city of Talin. Due to its scale, this project is of significant importance to the Armenian solar, ecology, and economic development sectors.

The opening ceremony was well-attended by various leaders in Armenia, including, but not limited to, Prime Minister Mr. Karen Karapetyan, Minister of Territorial Administration and Development Mr. Davit Loqyan, Deputy Minister of Energy Infrastructures and Natural Resources Mr. Hayk Harutyunyan, Deputy Ambassador of German Federal Republic to Armenia Mr. Klaus Wendelberger, and General Secretary of the Energy Charter Secretariat Mr. Urban Rusnák.

Approximately 3700 JinkoSolar's high efficiency polycrystalline photovoltaic panels were installed in this 1MW solar power plant and will operate there throughout the 25 year product lifespan. Arpi Solar, which designed the project and implemented the construction, cooperated with its leading international partners such as JinkoSolar, Staubli, Enerparc, Sungrow, which guarantees long-term and productive revenues for the next 25 years.

"Talin-1 is at the moment the largest solar power plant in Armenia and can cover the energy demands of almost 400 families. With this we launch a procession of massive solar power plants in Armenia." the General Director of Arpi Solar company Mr. Hayk Chobanyansaid,  "We will start working on another larger power plant of 55 MW capacity in Masrik (Gegharkunik region) very soon. Such interest in solar energy can significantly improve the Armenian energy sector."

"Talin-1 sets new standards in solar energy sphere in Armenia," Deputy Minister of Energy Infrastructures and Natural Resources Mr. Harutyunyan mentioned, "The engineering activities were delivered in 20 days, which is a very short period for implementation of such initiatives according to international standards and which also proves the competence of the project construction company."

Arda Kristaporyan, Country Manager for JinkoSolar, commented, "We're pleased to have contributed to the realization of this milestone project for Armenia. Our Eagle solar panels have already been successfully implemented in large-scale projects all over the world and they will secure the highest energy yields in the years to come. We will keep working closely with Arpi Solar to fulfill our shared target of creating a solar future in Armenia."

Artun Istepan Sabciyan, Divison Manager for Staubli Electrical Connector Systems (formerly Multi-Contact) Turkey, commented: "We are happy to share the honor of being able to contribute to this project and working closely together with Arpi Solar. This will be a milestone in Armenia reflecting the power of the sun. Our original MC4 connectors and DC solar cables have already been successfully implemented in 1MW Talin project. We will uphold a strong partnership with Arpi Solar to fulfill the roadmap and to advance Armenia's photovoltaic industry.''

About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is a global leader in the solar industry. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 6.0 GW for silicon ingots and wafers, 4.5 GW for solar cells, and 7.5 GW for solar modules, as of June 30, 2017.

JinkoSolar has over 15,000 employees across its 8 productions facilities in China(5), Malaysia, Portugal and South Africa, 16 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, South Africa and United Arab Emirates, and 18 global sales offices in China (2) ,United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.

To find out more, please see: www.jinkosolar.com

About Stäubli Electrical Connectors
Stäubli is a recognized specialist for advanced contact technology and sophisticated solutions with a product portfolio ranging from miniature connectors up to high-power connectors for power transmission, test and measurement, transportation and many other industries. In Photovoltaics, Stäubli is global market leader with its MC4 connector components. The core of all Stäubli electrical connectors is the unique MULTILAM contact technology.

About Arpi Solar
Arpi Solar is a leader in the field of solar energy in Armenia for five years, offering solar thermal and photovoltaic systems, energy efficient solutions. Arpi solar systems are widely used in households, businesses, industries and educational and cultural institutions to save costs by reducing harmful emissions to the atmosphere. The company not only stimulates the development of the field, but also contributes to the solution of our country's environmental problems through more than 1000 installations in all over Armenia.

Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:
In China:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

View original content:http://www.prnewswire.com/news-releases/jinkosolar-supplied-solar-modules-to-armenias-largest-solar-pv-plant-300566600.html

SOURCE JinkoSolar Holding Co., Ltd.

At the 19th China International Industry Fair (CIIF) that opened on November 7, 2017 in Shanghai, JinkoSolar announced that it achieved a world record P-type mono PERC cell efficiency of 23.45%, breaking the world record cell efficiency of 22.78% that the company set only a month ago in October.

Due to the currently high production costs and capacity bottlenecks, experts believe half-cell will be the next big thing in cSi solar modules and will bring cSi PV development to its most advanced and lowest cost yet. Kangping Chen, CEO of JinkoSolar said at the CIIF, “One of the main advancements is the increase in half cell technology. Over a traditional full-cell module, half-cell module has an additional 5-10 watt of output with minimal margina cost. The technical and, more importantly, economic feasibility of half cell technology means that we’ll see half-cell modules gain substantial market share. In residential market, half-cell module also has the advantage of increase shade tolerance. With JinkoSolar’s advancements in manufacturing processes, half-cell panels are one of the best solution to address the rise of auctioned based procurements.”

Both China’s launching tradable green certificates and Japan’s replacement of its Feed in Tariff (FiT) scheme with an auction mechanism shows that the cost of renewable power generation has become more and more competitive to that of fossil fuels. Solar will continue to survive with less dependency on subsidy in the near future. At the same time, auctions and bidding could become the primary method in which government selects solar power providers. It’s also most likely that governments will support only developers that have secured grid connection for their projects, to ensure that the approved projects are completed on schedule. In more and more tenders process, we will see the lowest cost provider win.

From developers perspective, in short term, this phenomenon will squeeze the margin of developers, whom will lose government-backed income streams in the form of subsidy. Under these conditions, only developers with strong financing capability, established buying power, and operational excellence in all key step across the entire project development and operation cycle will thrive. These more stringent market conditions will not weaken well-managed developers, but strengthen them as the conditions will push them to get much more efficient, make better investment decisions, and focus on build long-term competitive advantages.

For manufacturers, this trend casts new cost pressure on them. Only those who have a high efficiency product portfolio, scaled up their capacity, realized manufacturing best practices, implemented strong supply chain control, and strong financial health can survive. While the industry will not become a monopoly, we will see intensive clustered around tier 1 companies in place of high industry fragmentation we see now.

SHANGHAI, Nov. 22, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) ("JinkoSolar"), a global leader in the photovoltaic (PV) industry announced today that it has been awarded the Cradle-to-Cradle ("C2C") certificate by SGS, the world's leading testing, inspection, verification, and certification organization. This is the first time a C2C certificate has been issued in China. The issuance of the C2C certification demonstrates JinkoSolar's commitment to high environmental, health, and safety standards in its products and manufacturing processes as well as the promotion of environmental and sustainable best practices within the solar industry.

The world has witnessed the rapid development of the renewable energy sector over the past few years, as solar and energy storage systems become increasingly popular among governments, businesses, and the general public. In China, the solar industry, along with the entire renewable energy sector, has been highlighted as a key area of international collaboration by the "Belt and Road" initiative. As China's solar sector becomes increasingly competitive, Chinese solar companies have made huge progress in breaking into overseas markets and accelerating the expansion of their global operational footprint. C2C certification, which is administered by the U.S. based C2C Products Innovation Institute, is valid for two years and is broken into five tiers: basic, bronze, silver, gold, and platinum. As production process and quality improves, businesses can be re-evaluated for a higher-tier C2C certification. For a product to receive C2C certification, it must be made of materials that can be safely recycled and must not do harm to both humans and the environment. Furthermore, C2C certification assesses the use of clean energy, adherence to efficient water usage, and corporate social responsibility during a product's production process.

JinkoSolar is a global leader in the solar industry. The Company distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer based in China, the United States, Japan, Germany, the United Kingdom and other countries and regions. As JinkoSolar's strong partner, SGS has made significant contributions to the development of certification for solar modules. Through a collaborative effort between JinkoSolar and SGS, the Company achieved the milestone of becoming the first to receive C2C certification in China. Not only is this milestone beneficial to JinkoSolar's commitment towards environmental, health, and safety standards, but is also evidence of SGS's strong certification abilities.

As one of the world's leading testing, inspection, verification, and certification organizations, SGS leverages its deep industry experience, team of highly technical experts, and various certification labs around the world to provide testing and certification services to the solar industry. As for the C2C certification, SGS can provide a one-stop comprehensive solution to assist companies in meeting product design, manufacturing, safety, and environmental criteria set forth by the C2C certification process which also supports the expansion of companies globally.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is a global leader in the solar industry. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 6.0 GW for silicon ingots and wafers, 4.5 GW for solar cells, and 7.5 GW for solar modules, as of June 30, 2017.

JinkoSolar has over 15,000 employees across its 8 productions facilities in China(5), Malaysia, Portugal and South Africa, 16 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, South Africa and United Arab Emirates, and 18 global sales offices in China (2) ,United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

View original content:http://www.prnewswire.com/news-releases/sgs-awards-jinkosolar-with-the-first-c2c-certificate-in-china-300560859.html

SOURCE JinkoSolar Holding Co., Ltd.

SHANGHAI, Nov. 21, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it plans to release its unaudited financial results for the second quarter ended September 30, 2017 before the open of U.S. markets on Thursday, December 7, 2017.

JinkoSolar's management will host an earnings conference call on Thursday, December 7, 2017 at 7:30 a.m. U.S. Eastern Time (8:30 p.m.Beijing / Hong Kong the same day).

Dial-in details for the earnings conference call are as follows:

Hong Kong / International:

+852 3008 1527


U.S. Toll Free:

+1 800-281-7973


Passcode:

7881926


Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available 2 hours after the conclusion of the conference call through 23:59 U.S. Eastern Time, December 14, 2017. The dial-in details for the replay are as follows:

International:

+61 (0) 2 9101 1954


U.S. Toll Free:

+1-888-203-1112


Passcode:

7881926


Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of JinkoSolar's website at http://www.jinkosolar.com.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is a global leader in the solar industry. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial, and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 6.0 GW for silicon ingots and wafers, 4.5 GW for solar cells, and 7.5 GW for solar modules, as of June 30, 2017.

JinkoSolar has over 15,000 employees across its 8 production facilities in China (5), Malaysia, Portugal, and South Africa; 16 overseas subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, South Africa and United Arab Emirates; and 18 global sales offices in China (2), United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil, and Mexico.

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:

Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Mr. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

View original content:http://www.prnewswire.com/news-releases/jinkosolar-to-report-third-quarter-2017-results-on-december-7-2017-300560079.html

SOURCE JinkoSolar Holding Co., Ltd.

Print
ET | Source: RGS Energy

DENVER, Jan. 16, 2018 (GLOBE NEWSWIRE) -- RGS Energy (NASDAQ:RGSE), America’s Original Solar Company since 1978, completed 2017 with strong sales growth, achievements and milestones, and set the stage for the new year.

2017 Corporate Highlights

  • Added technology plays:
    • Awarded exclusive domestic and international license agreement from The Dow Chemical Company for the POWERHOUSE™ solar shingles system, an innovative and aesthetically pleasing solar shingle system –
      • RGS Energy believes this is a game changer because it now becomes:
        • a technology company insulated by patents creating a barrier to entry by competition
        • a “capital light” manufacturer and distributor, utilizing third party component manufacturers and selling to local roofing companies and new homebuilders for installation
        • a company with a product with “brand” recognition
      • RGS Energy estimates that if it can capture 1% of the re-roof and new home build market the company could be a billion-dollar revenue company
    • Launched Solar 365™, the company’s mobile software and online dashboard suite, creating a better and more engaging customer experience every day of the year
  • Growth in sales and backlog:
    • Improved year-over-year net sales and backlog (see table below)
    • Selected as exclusive installer for the Solarize Cranston, Solarize Granby, Solarize New Haven and Solarize North Haven communities
    • New focus on multi-project commercial customers with commercial sales pipeline increasing to $33.9 million
  • Improved year-over-year financial strength (see table below)

2018 Outlook

  • POWERHOUSE™ Division:
    • RGS Energy expects to achieve UL Certification during the third quarter and begin sales and installation of POWERHOUSE™ 3.0 solar shingles thereafter
    • As previously disclosed, to commercialize the POWERHOUSE™ in-roof solar shingle, the company will require additional financing
  • Solar Division:
    • Steady and improving progress in sales and revenue
    • RGS Energy expects to achieve break-even revenue, apart from POWERHOUSE™, in the third quarter
    • Cash outflow from operations, until break-even results are achieved
  • Investor reporting:
    • Quarterly results press releases disclosing the operational and financial data in the table below
    • Progress on commercialization of POWERHOUSE™

Year-Over-Year Results:

($000’s omitted) 2017
(preliminary)
2016
(reported)
Operational Data:    
Net sales $ 17,400 $ 8,250
Revenue $ 15,100 $ 17,425
Residential installation cycle time (days avg for year)   120   196
Backlog (at year end) $ 12,775 $ 9,375
Total sales organization (headcount at year end)   69   30
Commercial sales pipeline (at year end) $ 33,900 $ 0
     
Pro Forma Financial Data*:    
Cash $ 2,800 $ 2,940
Debt $ 1 $ 787
Shareholders’ equity $ 8,500 $ 4,978
Working capital $ 5,100 $ 2,586

*The pro forma results present the company’s balance sheet as if the net proceeds of the $1.6 million raised on January 3, 2018 was completed on December 31, 2017.

Management Commentary:

“We accomplished much in 2017,” said Dennis Lacey, CEO of RGS Energy. “After several significant and exciting developments, the year culminated with being awarded the worldwide license for POWERHOUSE™ integrated solar shingles using technology developed by The Dow Chemical Company. We’re looking forward to strong growth in 2018 as we celebrate our 40th anniversary.”

Glossary:

The Solar Division - Consists of RGS Energy’s residential homeowner and commercial installations other than the POWERHOUSE™ product and the corporate segment.

The Corporate segment - Includes administrative costs associated with administrative services, legal settlements, legal, information systems, accounting and finance.

Installation and Service Revenue – The company recognizes revenue on residential and small business commercial projects at the time of substantial completion of construction, and on large commercial projects on a percentage of completion basis. Service revenue is recognized as earned.

Substantial completion – The solar power system is fully operational and capable of generating energy, but has not yet received permission to operate from the utility.

Backlog – Represents the dollar amount of revenue that may be recognized in the future from signed contracts to install solar energy systems that have not yet been installed without taking into account possible future cancellations. Backlog is not a measure defined by generally accepted accounting principles, and is not a measure of contract profitability. The company’s methodology for determining backlog may not be comparable to methodologies used by other companies in determining their backlog amounts. The backlog amounts RGS Energy discloses are net of cancellations received and include anticipated revenues associated with (i) the original contract amounts, and (ii) change orders for which the company has received written confirmations from customers. Backlog may not be indicative of future operating results, and projects in RGS Energy’s backlog may be canceled, modified or otherwise altered by customers.

Residential cycle time - Number of days from signing of customer contracts until substantial completion.

Commercial sales pipeline – Estimated one year contract value from potential commercial businesses, non-profit organizations and government entities where either (i) senior RGS Energy’s sales management has had substantive discussions with the prospect and assessed that there is a likelihood of executing a contract or (ii) the potential customer has informed RGS Energy it is their vendor of choice. The company’s methodology for determining sales pipeline may not be comparable to methodologies used by other companies in determining their sales pipeline amounts. Sales pipeline may not be indicative of future operating results, and projects in RGS Energy’s sales pipeline may not result in an executed contract.

About RGS Energy
RGS Energy (Nasdaq:RGSE) is America’s Original Solar Company providing solar, storage and energy services whose mission is clean energy savings. The company sells, designs, and installs solar systems for residential homeowners, commercial businesses, non-profit organizations and government entities, and is also the exclusive manufacturer of POWERHOUSE™, an innovative in-roof solar shingle using technology developed by The Dow Chemical Company.

For more information, visit RGSEnergy.com, RGSPOWERHOUSE.com, on Facebook at www.facebook.com/RGSEnergy and on Twitter at twitter.com/rgsenergy. Information on such websites and the website referred to above in this press release is not incorporated by reference into this press release.

RGS Energy is the company’s registered trade name. RGS Energy files periodic and other reports with the SEC under its official name “Real Goods Solar, Inc.”

POWERHOUSE™ is a trademark of The Dow Chemical Company, used under license.

Forward-Looking Statements and Cautionary Statements

The preliminary financial data discussed above consists of estimates derived from RGS Energy’s internal books and records and has been prepared by, and are the responsibility of, the company’s management. The preliminary estimates discussed above are subject to the completion of financial closing procedures, final adjustments and other developments that may arise between now and the time the financial results for the year ended December 31, 2017 are finalized. Therefore, actual results may differ materially from these estimates and all of these preliminary estimates are subject to change.

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including statements regarding the RGS Energy’s results of operations and financial positions, and RGS Energy’s business and financial strategies.  Forward-looking statements are neither historical facts nor assurances of future performance.  Instead, they provide our current beliefs, expectations, assumptions, forecasts, and hypothetical constructs about future events, and include statements regarding our future results of operations and financial position, business strategy, budgets, projected costs, plans and objectives of management for future operations.  The words “forecast,” “project,” “expect,” “plan,” “future,” “believe,” “may,” “hypothetical,” “will,” “target,” “anticipate,” “estimate,” “outlook” and similar expressions as they relate to RGS Energy are intended to identify such forward-looking statements.

Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all.  Forward looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.  Therefore, RGS Energy cautions you against relying on any of these forward-looking statements.

Key risks and uncertainties that may cause a change in any forward-looking statement or that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include: RGS Energy’s ability to successfully implement its revenue growth strategy, achieve its target level of sales, generate cash flow from operations, and achieve break-even and better results for its solar division; RGS Energy’s current capital resources being sufficient to implement its revenue growth strategy; the ability to successfully and timely commercialize POWERHOUSE™ 3.0; the ability to obtain requisite certification of POWERHOUSE™ 3.0; the adequacy of, and access to, capital necessary to commercialize POWERHOUSE™ 3.0; RGS Energy’s ability to satisfy the conditions and our obligations under the POWERHOUSE™ 3.0 license agreement; RGS Energy’s ability to manage supply chain in order to have production levels and pricing of the POWERHOUSE™ 3.0 shingles to be competitive; the ability of RGS Energy to successfully expand its operations and employees and realize profitable revenue growth from the sale and installation of POWERHOUSE™ 3.0, and to the extent, anticipated; the potential impact of the announcement of RGS Energy’s expansion into the POWERHOUSE™ 3.0 business with employees, suppliers, customers and competitors; RGS Energy’s ability to successfully and timely expand its POWERHOUSE™ 3.0 business outside of the United States; foreign exchange risks associated with the POWERHOUSE™ 3.0 business; intellectual property infringement claims related to the POWERHOUSE™ 3.0 business; competition in the in-roof solar shingles business; RGS Energy’s ability to utilize the Solar 365™ software to grow revenues, improve the lead-to-conversion rate installation cycle time, and reduce contract cancellations; RGS Energy’s ability to use the software to grow its revenue; and customer acceptance of, experience with and satisfaction with the Solar 365™ software; RGS Energy’s ability to convert opportunities in its commercial sales pipeline to contracts and thereafter revenue; and future cancellations and backlog.

You should read the section entitled “Risk Factors” in our 2016 Annual Report on Form 10-K, as amended, and in our Quarterly Report on Form 10-Q/A for the quarter ended September 30, 2017, each of which has been filed with the Securities and Exchange Commission, which identify certain of these and additional risks and uncertainties. Any forward-looking statements made by us in this press release speak only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

Investor Relations Contact:
Ron Both
Managing Partner, CMA
Tel 1-949-432-7566
This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Abstract

The synergies between rooftop solar PV (RPV) and energy efficiency (EE) investments in the built environment include lower specific transaction costs, optimized RPV systems, shorter project payback periods (compared to RPV-only projects), and, for EE,... See More + The synergies between rooftop solar PV (RPV) and energy efficiency (EE) investments in the built environment include lower specific transaction costs, optimized RPV systems, shorter project payback periods (compared to RPV-only projects), and, for EE, enhanced project visibility. These synergies improve the likelihood of project implementation, which in turn helps to reduce peak demand, increase environmental benefits, improve energy security, and lower energy bills. Because the methods of financing and implementing RPV and EE in the built environment are often similar, it is wise to consider including an EE component when investing in an RPV project, and vice versa.  See Less -

Abstract

This paper presents recent trends in government and foreign bank ownership across countries and summarizes the evidence regarding the implications of bank ownership structure for bank performance and competition, financial stability, and access to finance... See More + This paper presents recent trends in government and foreign bank ownership across countries and summarizes the evidence regarding the implications of bank ownership structure for bank performance and competition, financial stability, and access to finance. The evidence reviewed suggests that foreign-owned banks tend to be more efficient than domestic banks in developing countries, promote competition in host banking sectors, and help stabilize credit when host countries face idiosyncratic shocks. But there are trade-offs, since foreign-owned banks can also transmit external shocks and might not always contribute to expanding access to credit. The record on the impact of government bank ownership suggests few benefits, especially for developing countries.  See Less -

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ET | Source: SAVO-SOLAR Oy

multilang-release

Savo-Solar Plc
Company Announcement                  12 January 2018 at 5 p.m. (CET)

Savo-Solar Plc - Managers' Transaction, Feodor Aminoff, January 2018

Person subject to the notification requirement
Name: Aminoff, Feodor
Position: Member of the Board/Deputy member
(X) Legal person
Issuer: Savo-Solar Oyj
LEI: 743700J1YZ8IEJAPDL21

-----------------

Notification type: INITIAL NOTIFICATION

Reference number: 743700J1YZ8IEJAPDL21_20180112122608_16

Transaction date: 8.1.2018

Venue: FIRST NORTH FINLAND (FNFI)

Instrument type: SHARE

ISIN: FI4000123096

Nature of the transaction: DISPOSAL

(X) Executed under portfolio or asset management

Transaction Details

Volume: 178736
Unit price: 0.09001 EUR

Aggregated transactions

Volume: 178736
Volume weighted average price: 0.09001 EUR

-------------------

Notification type: INITIAL NOTIFICATION

Reference number: 743700J1YZ8IEJAPDL21_20180112122524_7

Transaction date: 8.1.2018

Venue: FIRST NORTH FINLAND (FNFI)

Instrument type: SHARE

ISIN: FI4000123096

Nature of the transaction: DISPOSAL

(X) Made under life insurance policy

Transaction Details

Volume: 74479
Unit price: 0.09001 EUR

Aggregated transactions

Volume: 74479
Volume weighted average price: 0.09001 EUR

-----------------

SAVO-SOLAR PLC

For more information:

Savo-Solar Plc
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

This company announcement contains information that Savo-Solar Plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by aforementioned contact person on 12 January 2018 at 5 p.m. (CET).


Savo-Solar in brief

Savo-Solar with its highly efficient collectors and large-scale solar thermal systems has taken solar thermal technology to the next level. The company's collectors are equipped with the patented nano-coated direct flow absorbers, and with this leading technology, Savo-Solar helps its customers to produce competitive clean energy. Savo-Solar's vision is to be the first-choice supplier to high performance solar installations on a global scale. Focus is on large-scale applications like district heating, industrial process heating and real estate systems. The company primarily delivers complete systems from design to installation, using the best local partners. Savo-Solar is known as the most innovative company in the business, and aims to stay as such. The company has sold and delivered its products to 17 countries on four continents. Savo-Solar's shares are listed on Nasdaq First North Sweden with the ticker SAVOS and on Nasdaq First North Finland with the ticker SAVOH. www.savosolar.com.

The company's Certified Adviser is Augment Partners AB, phone: +46 8-505 65 172.

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ET | Source: Scatec Solar

Oslo, January 12, 2018: Scatec Solar ASA will release its fourth quarter results on Friday, January 26, 2018 at 07:00 (CET).

A presentation of the results will be held on the same day at 08:00. The location of the presentation is Høyres Hus (6th floor), Stortingsgata 20, 0161 Oslo. The presentation and Q&A session can be followed through a live webcast from our website on www.scatecsolar.com/investor.

For more information, please contact:

Mikkel Tørud, CFO,       tel: +47 976 99 144       This email address is being protected from spambots. You need JavaScript enabled to view it.  

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable source of clean energy worldwide. A long-term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants, and already has an installation track record of close to 600 MW.

Currently, the company is producing electricity from 322 MW of solar power plants in the Czech Republic, South Africa, Rwanda, Honduras and Jordan and another 394 MW are under construction.

With an established global presence, the company is growing briskly with a project backlog and pipeline of more than 1.5 GW under development in the Americas, Africa, Asia and the Middle East. Scatec Solar is headquartered in Oslo, Norway.

Subscribe for press releases here: www.scatecsolar.com/investor/stock-exchange-notices/subscribe

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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ET | Source: Scatec Solar

Oslo, 11 January 2018: Scatec Solar's CEO, Raymond Carlsen, is today presenting at the Pareto Power & Renewable Energy Conference in Oslo. The presentation can be downloaded below.

For further information, please contact:

Mr. Mikkel Tørud, CFO,             tel: +47 976 99 144       This email address is being protected from spambots. You need JavaScript enabled to view it.

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable source of clean energy worldwide. A long-term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants, and already has an installation track record of close to 600 MW.

Currently, the company is producing electricity from 322 MW of solar power plants in the Czech Republic, South Africa, Rwanda, Honduras and Jordan and another 394 MW are under construction.

With an established global presence, the company is growing briskly with a project backlog and pipeline of more than 1.5 GW under development in the Americas, Africa, Asia and the Middle East. Scatec Solar is headquartered in Oslo, Norway, and listed on the Oslo Stock Exchange under the ticker symbol 'SSO'.

Attachments:

http://www.globenewswire.com/NewsRoom/AttachmentNg/973c196e-45b3-43cc-8c16-59fb8ac6a9f6

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