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SUZHOU, China, 19 de mayo de 2018 /PRNewswire/ -- GCL System Integration (GCL SI) (002506.SZ), una filial de GCL Group, el principal conglomerado de energía limpia del mundo, presentará una variedad de novedosos monomódulos y multimódulos de alta eficiencia en la exposición anual SNEC PV Power Expo (SNEC), que se celebrará en Shanghái a finales de mayo.

Durante la exposición, GCL Group ocupará un estand de 986 metros cuadrados en el pabellón E1, denominado "Solar Cell and System Projects and Application International Brand Hall" (pabellón de marcas internacionales de aplicación y proyectos de sistemas y células solares), en donde mostrará sus últimos productos, que abarcan todas las facetas del sector fotovoltaico, como la integración de aplicaciones tecnológicas fotovoltaicas, la cadena industrial de la energía inteligente, los hogares inteligentes y el uso combinado de la energía solar y térmica. La más esperada es la revolucionaria tecnología FBR + CCz de GCL SI, junto con una variedad de monomódulos y multimódulos de alta eficiencia, entre los que se incluyen algunos modelos diseñados para los proyectos de la empresa relacionados con la reducción de la pobreza. Eric Luo, presidente de GCL SI, declaró que la empresa continuará sus esfuerzos en I+D y ofrecerá un mayor valor a los clientes.

Actualmente, GCL SI tiene una capacidad de producción de módulos de aproximadamente 6 GW y su volumen de envíos alcanzó los 4,84 GW en 2017, hecho que lo clasificó como uno de los principales proveedores del mundo. La eficiencia promedio de su célula PERC de silicio negro policristalino y alto rendimiento ha alcanzado el 20,8% y su eficiencia máxima, el 21,3%. La potencia de su módulo de 60 células policristalinas supera los 300 W, lo que convierte a GCL SI en el líder absoluto del sector en términos de rendimiento de módulos policristalinos. GCL SI ha participado en la licitación de los dos proyectos líderes en Changzhi y Tongchuan con sus productos de alta eficiencia.

En los próximos años, el mercado fotovoltaico alcanzará un crecimiento constante. En concreto, la demanda de energía fotovoltaica en los mercados emergentes extranjeros aumentará todavía más. GCL SI fortalecerá aún más su investigación y desarrollo de productos de alta eficiencia, consolidará su principal actividad comercial de energía fotovoltaica y se centrará en aumentar la proporción de negocios en el extranjero. En 2017, los negocios internacionales de GCL SI aumentaron un 20% interanual, lo que representa un 26,37% de su volumen de negocios total. Se espera que la proporción de los negocios en el extranjero alcance el 50% en 2018.

GCL SI se guía por la demanda del mercado y ofrece productos de alta calidad y eficiencia a varios entornos de todo el mundo. Sus células de alta eficiencia, módulos MBB y productos bifaciales de doble vidrio satisfacen las necesidades de los proyectos líderes de China y de los mercados extranjeros. A través del desarrollo de paquetes de integración modular, también se da respuesta a las necesidades personalizadas de consumidores nacionales y extranjeros. Además, GCL SI continúa promoviendo la fabricación inteligente, está ayudando a acelerar la evolución de la fabricación hacia la automatización y la digitalización e integra tecnologías de la información como Internet y el Internet de las Cosas en el proceso de producción. Su producción flexible y su fabricación inteligente mejoran la calidad y la eficiencia de los productos, lo que ayudará a GCL SI a alcanzar su objetivo de desarrollo de alta calidad.

Acerca de la SNEC PV Power Expo

La SNEC PV Power Expo (SNEC), que ya va por su duodécima edición, fue fundada por la Asociación Asiática de la Industria Fotovoltaica (APVIA), la Sociedad China de Energía Renovable (CRES) y la Asociación de Industrias de Energía Renovable de China (CREIA), y cuenta con el patrocinio de 19 agencias y organizaciones internacionales, entre las que se incluye la Asociación de Industrias de Energía Solar de EE.UU. (SEIA), entre otras. La SNEC, que constituye la exposición de nuevas energías más grande del mundo y una importante plataforma para que las principales empresas muestren sus avanzados productos tecnológicos, cuenta con equipos de producción fotovoltaicos, materiales, células, módulos y productos de aplicación, y sistemas y proyectos solares que cubren todos los aspectos de la cadena industrial fotovoltaica.

Acerca de GCL SI

GCL System Integration Technology Co., Ltd. (SZ: 002506) (GCL SI) forma parte del grupo GOLDEN CONCORD (GCL). GCL SI ofrece un sistema integral y vanguardista de energía integrado y tiene la intención de convertirse en el líder mundial en energía solar.

SOURCE GCL System

Prime Minister Shri Narendra Modi inaugurated Kishanganga Hydroelectric Project and laid the Foundation Stone of the Pakul Dul Power Project in Jammu & Kashmir today. Pakal Dul, with 1000 MW capacity, will be the largest Hydro Power Project in Jammu & Kashmir on completion. It is also the first storage Project in Jammu & Kashmir.

330 MW Kishanganga Hydro Electric Project, located in Bandipora District of Jammu and Kashmir (J&K) is a run of river scheme. All units of the project have been sychronised on 30.03.2018 and the annual generation of the main project is 1712.96 MU. The Project has been proposed to be completed at a cost of Rs. 5882 crore.

Kishangana H.E. Project will provide a free power of 13 per cent to the state, which will be around Rs. 133 crore per year. There are other benefits to the state like- Employment to the people of J&K, infrastructure development etc. It is estimated that the project engaged about 1850 local persons during construction stage and 750 local persons during operation stage through direct and indirect employment. The Project was handed over to NHPC for execution by the State Government after an MoU was signed between J&K Govt. and Ministry of Power, Govt of India in July 2000.

The project cost of Pakal Dul as per CCEA sanction is Rs. 8112.12 crore and it is supported by the Government of India as well as the Government of J&K. Timelines of implementation is 66 Months from the start of the Project. It shall be leading to additional Generation of 650 MU in downstream projects as it is a storage type project and shall improve the water availability during the lean season.

Pakal Dul project will have immense benefits for J&K. Around 3000 persons shall be employed directly/ indirectly during construction phase of the project. Further, around 500 persons shall be employed directly/indirectly during operation phase of the Project. It has been agreed that the Govt. of J&K shall be getting 12 per cent free power after 10 years of commissioning of the Project and water usage charges as applicable. Additional 1 per cent free power will go towards Local Area Development Fund (LADF). Govt. of J&K has first right to purchase balance power of NHPC (49%) & PTC (2%). Furthermore, local population will be benefitted by the improvement and widening of roads and improvement of bridges under the Project.

Shri R K Singh, Minister of State (IC) for Power and New & Renewable Energy, Government of India was also present at the occasion.

 

Background:

 

  1. Kishangana H.E. Project
  1. Features
  • Dam:Concrete Faced Rockfill Dam (CFRD) of 37 m high
  • Head Race Tunnel (HRT):1 No, Horse shoe/Circular shaped ,5.2 m dia, 23.2 km total length
  • Power House: Underground, 3 Units of 110 MW each (330 MW)  

· A 37 m high dam has constructed at Gurez to divert water of Kishanganga River. The water is being diverted through a tunnel of length of 23.20 km, out of which 14.75 km has been executed by TBM using latest tunnelling technology of Tunnel Boring Machine.

  1. Status

All units of the project have been synchronised on 30.03.2018.

  1. Cost of the Project:

Kishanganga H.E. Project has been proposed to be completed at a cost of Rs. 5882 crore, out of which Government of India has already extended a support of Subordinate debt of Rs. 2380.44 (@1% interest rate) crore for the construction of the project.

  1. Timeline of Implementation:

Project was scheduled to be completed on 13.01.2016. All units of the project have been sychronised on 30.03.2018.

 

  1. Pakul Dul HE Project (1000 MW)

 

  1. Background

Chenab Valley Power Projects (Private) Limited (CVPPPL), a Joint Venture Company (JVC), among NHPC (49%), JKSPDC (49%) & PTC (2%), implementing the Pakal Dul (1000 MW), Kiru (624 MW) & Kwar (540 MW) HE Projects. In addition, CVPP is investigating Dul Hasti Stage II HE Project.

MOP vide letter dated 28.10.2014has conveyed the sanction for implementation of Pakal Dul by CVPP. The Pakal Dul HEP shall generate 3330.18 MU of energy in a 90% dependable year and all clearances have been obtained for the Project.

  1. Features
  • Dam: Concrete Face Rock Fill Dam of 167 m high
  • Head Race Tunnel (HRT): 2 Nos, Horse shoe/Circular shaped,7.2 m dia, each 9.6Km long.
  • Power House: Underground, 4 Units of 250 MW each (1000 MW)  
  • Tail Race Tunnel (TRT): 4 nos, 5.5 m dia Horse shoe shaped, each 125 m long.
  1. Status
  • Power House Package: Letter of Award has been issued on 21.02.2018. Mobilization is in progress.
  • Tendering of other packages is in progress.

 

  1. Cost

The project cost as per CCEA sanction is Rs.8112.12 Cr. It includes Rs.2500 Cr subordinate debt from GoI. Further, equity on behalf of JKSPDC/GoJK (Rs 1192 Cr) shall be released by Government of India as grant to CVPP. GoJK has sanctioned waiver of 12% free power and water user charges for first ten years from commissioning of the Project. Works Contracts Taxes & Entry Tax was also exempted prior to GST implementation. Project is supported by the Government of India as well as Government of J&K.

  1. Timelines of implementation

66 Months from the start of the Project.

 

*****

 

JN/MS

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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.

Albioma Solar Réunion carried out the refinancing of the portfolio of photovoltaic projects in the Indian Ocean and established credit facilities to finance the Group’s new projects in the same area for the next 18 months.

The financing, amounting to nearly €110 million, will enable the Albioma Group to optimise the financing of its existing projects and to extend the maturity of the current debt while securing the future financing of projects won under recent invitations to tender launched by the French Energy Regulatory Commission or under feed-in tariffs.

MoU between Govt. of Bihar and NTPC Limited of Bihar

15th May, 2018

A Memorandum of Understanding (MoU) was entered amongst Govt. of Bihar (GoB), Bihar State Power Holding Co. Ltd. (BSPHCL), Bihar State Power Generation Co. Ltd (BSPGCL), North Bihar Power Distribution Company Ltd.(NBPDCL), South Bihar Power Distribution Company Ltd.(SBPDCL), Bihar State Power Transmission Company Limited (BSPTCL) and NTPC Limited on 15th May 2018 at Patna for Performance improvement of Power Sector in the State of Bihar. The MoU was entered in the august presence of Shri Nitish Kumar, Chief Minister of Bihar, Shri R. K. Singh, Minister of State (Independent Charge) for Power and New & Renewable Energy, Govt. of India and Shri Bijendra Prasad Yadav, Energy Minister, Govt. of Bihar, Shri Pratyaya Amrit, Principal Secretary, Department of Energy, Govt. of Bihar, Shri Gurdeep Singh, CMD, NTPC Limited, Shri Anand Kumar Gupta, Director (Commercial), NTPC, Shri R. Lakshmanan, Managing Director, BSPGCL and other dignitaries.

The MoU envisages transfer of Barauni Thermal Power Station (720 MW) and transfer of Bihar State Power Generation Company’s (BSPGCL) equity in Kanti Bijlee Utpadan Nigam Limited (KBUN) & Nabinagar Power Generating Company (Pvt.) Limited (NPGC) to NTPC.

NTPC, a Maharatna Company under Ministry of Power, Govt. of India is the largest power generating company of India with a total installed capacity of 53651 MW (including JVs) from coal, gas, hydro, solar and wind power projects. NTPC is on an accelerated growth trajectory to meet this long-term targets and currently has 21,071 MW capacity under construction. Company has two operational coal mines. NTPC in the past has demonstrated strong capability in turning around under-performing state owned power stations.

Barauni Thermal Power Station (720 MW) which is located at Begusarai district in Bihar. The Plant comprise of Stage-I (2x110 MW) (under advance stages of R&M) and Stage-II (2x250 MW) (under construction).

NTPC with its expertise in construction of power projects and contract management capabilities is expected to complete the balance works and achieve sustained commercial operation of units in a time bound manner.

Nabinagar Power Generating Company (Pvt) Limited is a 50:50 Joint Venture Company of NTPC Limited and Bihar State Power Generation Company Limited (BSPGCL). The Company is developing a 1980 MW (3x660 MW) Nabinagar Super Thermal Power Project in district Aurangabad, Bihar. The project is currently under-construction.

Kanti Bijli Utpadan Nigam Limited (KBUNL) is a subsidiary company of NTPC Limited in Joint Venture with Bihar State Power Generation Company Limited (BSPGCL). Currently NTPC and BSPGCL owns 72.64%and 27.36% equity holding in KBUNL respectively. KBUNL owns and operates Muzaffarpur Thermal Power Station (MTPS) (2x110 MW+ 2x195 MW) situated at Kanti, District Muzaffarpur in the State of Bihar. Plant is under operation.

All the three power generation facilities are envisaged to be transferred to NTPC from the effective date to be notified by Govt. of Bihar through a Statutory Transfer Scheme. The transfer of these power stations to NTPC will result in their optimal & efficient utilization, bring the tariff down and benefit the people of Bihar at large.

Power from all the three power station shall be available to State of Bihar as before after approval by Ministry of Power, Govt. of India.


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Micro & Small Enterprises Vendor Meet at NTPC

05th Apr, 2018

Micro & Small Enterprises (MSEs) Vendor Meet was organised by Corporate Contracts & Materials on 4th April 2018 for an interaction with MSE vendors to understand their concerns and to increase their participation in business with NTPC.

During the meet Shri Gurdeep Singh, CMD unveiled a Mobile App to help vendors track their payments. In his address, CMD emphasized the need for speedy payments to vendors and development of an online system for faster award of purchase orders.

Presentations were made about features of the Vendor Portal and Enlistment Policy of NTPC on the occasion. Queries of Vendors regarding payment and enlistment issues were also addressed. About 50 Small and Micro Enterprises were represented in this meet.

NTPC intends to organise such meets regularly Pan India basis to strengthen contribution of MSE’s in NTPC growth story.


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I Squared Capital, an independent global infrastructure investment manager, has signed an agreement through its ISQ Global Infrastructure Fund II, to acquire a 100 percent interest in TIP Trailer Services, a leading pan-European and Canadian trailer leasing and services company, from HNA Group (International) Company Limited.

 

Headquartered in Amsterdam and operating in 17 countries, TIP is one of the leading companies in its field in markets across Europe including Germany, the UK, Italy, France, Spain and the Benelux countries, as well as in Canada. It has a fleet of over 66,000 trailers and 86 trailer service centers serving approximately 7,700 customers, including numerous global logistics operators and retailers.

 

“Our investment in TIP is the result of a detailed review of global transportation opportunities that provide essential links while benefiting from macro-economic tailwinds,” said Adil Rahmathulla, Partner of I Squared Capital. “With strong market positions across Europe and a sizeable business in North America, TIP’s global reach is an excellent fit for I Squared Capital. We look forward to working with TIP’s seasoned executive management team and roster of world-class logistics and retail customers to continually deliver essential services and position the business to drive growth across Europe, North America and beyond.”

 

“This is the start of an exciting new chapter for TIP and we believe that as an infrastructure investor that knows our sector well, I Squared Capital will be a strong long-term partner for us,” said Bob Fast, CEO of TIP. “Our business is well-positioned for growth in the transportation equipment leasing and maintenance services sector in Europe and North America, and we are glad to have a partner with the capital to invest in our fleet and enable us to deliver even better service to our valued customers.”

 

I Squared Capital is a global infrastructure investor with over $12 billion of assets under management and focusing on energy, utilities, telecom and transport. Select portfolio companies include the Viridian Group, a leading integrated Irish utility with conventional generation, renewable generation, and supply; Grupo T-Solar, one of largest solar platforms in Spain with 392 megawatts of photovoltaic and concentrated solar power generation capacity; and American Intermodal Management, a transportation platform leasing new marine chassis with GPS technology to retailers, logistics companies and shipping lines in the U.S. intermodal supply chain.

 

Linklaters is legal advisor to I Squared Capital. EH Global Capital is the financial advisor to HNA, and CMS is HNA’s legal advisor.

 

About I Squared Capital

 

I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, telecommunications and transport in the Americas, Europe, and Asia. The Firm has offices in New York, Houston, London, New Delhi, Hong Kong and Singapore.

 

About TIP Trailer Services

 

TIP Trailer Services is one of Europe and Canada’s leading equipment service providers. TIP Trailer services specializes in trailer leasing, rental, maintenance and repair, as well as other value-added services and provide these to transportation and logistics customers across Europe and Canada. Headquartered in Amsterdam, TIP services their customers from 86 locations spread over 17 countries.

 

 

 

 

 

 

At One Mega Event 2018, find out how mobile and futuristic technologies, and intelligent mobility in smart cities can tackle gender-based harassment and violence in public spaces. The expo will be held at Pragati Maidan, New Delhi from 23-25 May 2018.

Since women and girls are subject to the threat of sexual harassment and violence worldwide, this May, One Mega Event 2018 will host a special session titled, Metropolitan strategies to achieve Safe Cities for women and girls: The NUA and SDG as a real opportunity at Pragati Maidan, New Delhi.

Sungrow, the global leading inverter solution supplier for renewable energy, In continuous series of Sungrow Technical Roadshows in India, Mumbai Roadshow was a successful event attracted with the unique Mobile Showroom to better demonstrate its String and Central inverters and solar system itself.

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 Shri Narendra Modi inaugurated Kishanganga Hydroelectric Project and laid the Foundation Stone of the Pakul Dul Power Project in Jammu & Kashmir today. Pakal Dul, with 1000 MW capacity, will be the largest Hydro Power Project in Jammu & Kashmir on completion. It is also the first storage Project in Jammu & Kashmir.

330 MW Kishanganga Hydro Electric Project, located in Bandipora District of Jammu and Kashmir (J&K) is a run of river scheme. All units of the project have been sychronised on 30.03.2018 and the annual generation of the main project is 1712.96 MU. The Project has been proposed to be completed at a cost of Rs. 5882 crore.

Kishangana H.E. Project will provide a free power of 13 per cent to the state, which will be around Rs. 133 crore per year. There are other benefits to the state like- Employment to the people of J&K, infrastructure development etc. It is estimated that the project engaged about 1850 local persons during construction stage and 750 local persons during operation stage through direct and indirect employment. The Project was handed over to NHPC for execution by the State Government after an MoU was signed between J&K Govt. and Ministry of Power, Govt of India in July 2000.

The project cost of Pakal Dul as per CCEA sanction is Rs. 8112.12 crore and it is supported by the Government of India as well as the Government of J&K. Timelines of implementation is 66 Months from the start of the Project. It shall be leading to additional Generation of 650 MU in downstream projects as it is a storage type project and shall improve the water availability during the lean season.

Pakal Dul project will have immense benefits for J&K. Around 3000 persons shall be employed directly/ indirectly during construction phase of the project. Further, around 500 persons shall be employed directly/indirectly during operation phase of the Project. It has been agreed that the Govt. of J&K shall be getting 12 per cent free power after 10 years of commissioning of the Project and water usage charges as applicable. Additional 1 per cent free power will go towards Local Area Development Fund (LADF). Govt. of J&K has first right to purchase balance power of NHPC (49%) & PTC (2%). Furthermore, local population will be benefitted by the improvement and widening of roads and improvement of bridges under the Project.

Shri R K Singh, Minister of State (IC) for Power and New & Renewable Energy, Government of India was also present at the occasion.

 

Background:

 

  1. Kishangana H.E. Project
  1. Features
  • Dam:Concrete Faced Rockfill Dam (CFRD) of 37 m high
  • Head Race Tunnel (HRT):1 No, Horse shoe/Circular shaped ,5.2 m dia, 23.2 km total length
  • Power House: Underground, 3 Units of 110 MW each (330 MW)  

· A 37 m high dam has constructed at Gurez to divert water of Kishanganga River. The water is being diverted through a tunnel of length of 23.20 km, out of which 14.75 km has been executed by TBM using latest tunnelling technology of Tunnel Boring Machine.

  1. Status

All units of the project have been synchronised on 30.03.2018.

  1. Cost of the Project:

Kishanganga H.E. Project has been proposed to be completed at a cost of Rs. 5882 crore, out of which Government of India has already extended a support of Subordinate debt of Rs. 2380.44 (@1% interest rate) crore for the construction of the project.

  1. Timeline of Implementation:

Project was scheduled to be completed on 13.01.2016. All units of the project have been sychronised on 30.03.2018.

 

  1. Pakul Dul HE Project (1000 MW)

 

  1. Background

Chenab Valley Power Projects (Private) Limited (CVPPPL), a Joint Venture Company (JVC), among NHPC (49%), JKSPDC (49%) & PTC (2%), implementing the Pakal Dul (1000 MW), Kiru (624 MW) & Kwar (540 MW) HE Projects. In addition, CVPP is investigating Dul Hasti Stage II HE Project.

MOP vide letter dated 28.10.2014has conveyed the sanction for implementation of Pakal Dul by CVPP. The Pakal Dul HEP shall generate 3330.18 MU of energy in a 90% dependable year and all clearances have been obtained for the Project.

  1. Features
  • Dam: Concrete Face Rock Fill Dam of 167 m high
  • Head Race Tunnel (HRT): 2 Nos, Horse shoe/Circular shaped,7.2 m dia, each 9.6Km long.
  • Power House: Underground, 4 Units of 250 MW each (1000 MW)  
  • Tail Race Tunnel (TRT): 4 nos, 5.5 m dia Horse shoe shaped, each 125 m long.
  1. Status
  • Power House Package: Letter of Award has been issued on 21.02.2018. Mobilization is in progress.
  • Tendering of other packages is in progress.

 

  1. Cost

The project cost as per CCEA sanction is Rs.8112.12 Cr. It includes Rs.2500 Cr subordinate debt from GoI. Further, equity on behalf of JKSPDC/GoJK (Rs 1192 Cr) shall be released by Government of India as grant to CVPP. GoJK has sanctioned waiver of 12% free power and water user charges for first ten years from commissioning of the Project. Works Contracts Taxes & Entry Tax was also exempted prior to GST implementation. Project is supported by the Government of India as well as Government of J&K.

  1. Timelines of implementation

66 Months from the start of the Project.

 

*****

 

JN/MS

Raksha Rajya Mantri Dr. Subhash Bhamre is on a three-day official visit to Republic of Nauru from 16 May 2018. He attended the 50th anniversary celebrations of its Constitution Day on 17 May 2018 as the Chief Guest.

On his maiden visit to the country, Dr Bhamre was introduced to the Nauruan Cabinet by the President Mr Baron Divavesi Waqa followed by a detailed meeting chaired by the President.  During this meeting, wide-ranging discussions were held covering the entire gamut of bilateral relationship and specific subjects concerning the respective ministries of the government of Nauru were discussed to further enhance and deepen the existing excellent bilateral relations between the two countries. The two sides discussed projects relating to Climate Change, Renewable Energy, Health, Education, Capacity Building, Infrastructure etc.

            President Waqa hosted a State Banquet in commemoration of Nauru’s Constitution Day. Dr Bhamre, in his speech, hailed the wise and farsighted leadership of President Waqa and called India and Nauru as “friends, who have transcended the geographical barriers of great distances and have come together to jointly face the common challenges”.  The RRM later presented a copy of the Indian Constitution to President Waqa, with compliments of Prime Minister Shri Narendra Modi. President Waqa thanked and conveyed his gratitude and warm personal regards to the Prime Minister of India. Dr Bhamre declared that “two countries intend to take this cooperation and these bonds of friendship to even greater heights under the able stewardship of our two great leaders – President Waqa in Nauru and Prime Minister Modi in India”.

Nauru will be hosting the 49th Pacific Islands Forum Leaders Meeting in September 2018 and Dr Bhamre conveyed that India will be offering 22 Mahindra SUVs and two Tata buses worth $ 706,000 to Nauru as per their request for this meeting. 

            Dr Bhamre visited Nauru’s Rehabilitation Corporation, Nauru Port Authority to see the port facilities and Nauru Police Force Headquarters. India earlier supported Nauru with police uniforms for the Nauru Police Force on the occasion of the 50th Anniversary of the Independence of Nauru on 31 January, 2018.

The RRM interacted with the small Indian community in Nauru over Lunch. Dr Bhamre assured Government of India’s steadfast commitment to Indian citizens and persons of Indian origin wherever they are in the world.

NAo/Nampi/Rajib/HS

Shri Piyush Goyal Reviews Coal Production and Dispatches to Generate Adequate Power Supply for the Country

Stressed on the Necessity for Pithead Power Plants to Run at 100 % PLF. Urged States to Use Provisions Under “Flexibility of Utilization of Coal” Rules. Emphasized the need to Improve the Turnaround Time of Rakes Officials of Railways, Coal and Power Ministries to Work in Close Coordination with Chief Secretaries and Power Secretaries of States. Urged that Team Work and Better Coordination among Ministries to Ensure 24X7 Power Supply for the People of India.

The Union Minister of Railways and Coal, Shri Piyush Goyal chaired a detailed review meeting with Shri R.K. Singh, Minister of State (IC) Power and New & Renewable Energy and with top officials of Ministries of Coal, Railways and Power in New Delhi today.

In the meeting, review of Power supply requirement during the ongoing summer and forthcoming winter season was carried out. Various short term, medium term and long term measures were discussed in detail to improve the coal stock position in Power Plants of the country. 

Comprehensive review of targets for coal production and dispatches by the coal companies is carried out.  

Shri Piyush Goyal stressed on the necessity to increase Plant Load Factor (PLF) of various Power Plants of the country. He said that all pithead plants with sufficient coal supply should run at 100% PLF. He expressed the desire to hold fortnightly meeting of the ministries involved, to review the power situation in the country.

He stressed on the need for States located far from mines to use provisions under “Flexibility of utilization of Coal” rules, so that this coal can be used by those power stations near the coal source . Gujarat and Maharashtra have already been using these provisions. This will enable cheaper power to the respective States and efficient utilization of rolling stock enabling coal supply for other power stations.

He gave clear instructions to the officials of the three ministries to keep a close vigil on the power production and supply situation in the country and to keep in close touch with Chief Secretaries and Power Secretaries of the States for this purpose.

Shri Goyal expressed the need to improve the turnaround time of rakes by better scheduling of trains and optimum utilization of traffic blocks. He expressed the need to rationalize operational and maintenance practices on the high density routes of Indian Railways. 

He stressed on reducing terminal detention of wagons inside Power Plants and Coal sidings to generate extra capacity.

Last but not the least, he emphasized that team effort, better coordination between Ministries involved and the rationalization of work procedures will lead to generation of extra capacity within the existing system and ensure 24X7 power supply for the people of India.

*****

SBS/MKV

 

 

Cities are drivers of economic growth & people living cities need to be provided with adequate housing: Vice President

Adoption of Holistic approach to urbanisation for upscaling urban infrastructure underway: Hardeep Puri

Lays foundation stone for World Trade Center& General Pool Residential Accommodation Colony

The Vice President of India, Shri M. Venkaiah Naidu has said that cities are the drivers of economic growth and all sections of people living in the cities need to be provided with adequate housing and other essential amenities. He was addressing the gathering after laying foundation stone for the World Trade Center at Nauroji Nagar and redevelopment of Netaji Nagar General Pool Residential Accommodation Colony, here today. Shri Hardeep S Puri, Minister of State for Housing and Urban Affairs (I/C), during his address stated that the adoption of holistic approach to urbanisation for upscaling urban infrastructure is underway.  Shri Durga Shankar Mishra, Secretary, M/o Housing & Urban Affairs and CMD, NBCC were also present on the occasion. 

 

Speaking after laying the foundation stone, Shri Puri said that “It is yet another proud moment for us today - a bold step in our voyage towards realising the prudent vision of Hon’ble Prime Minister for a ‘New India’ that holds the dream of a sustainable and inclusivedevelopmentof the Nation, creating world class infrastructure, energy-abundant solutions, elevated trade and business environment opportunities in the country.”

“As the idea of New India initiative goes, today’s Foundation Stone laying of Redevelopment of GPRA Colony, Netaji Nagar and the World Trade Centre in Nauroji Nagar into finest housing complexes and commercial hubs by Hon’ble Vice President, is a watershed event”, he added.“We are indeed grateful to Hon’ble Venkaiah Naidu Ji,for gracing this important occasion which shall be a great source of inspiration for all of us in future.Indeed, it was under his dynamic leadership as the Union Housing and Urban Affairs Minister that great strides were made in redefining the urban landscape of the country and new initiatives in redevelopment of Government colonies, promoting metro rail network in the country and great impetus in nation missions like Housing for All, Swachh Bharat Mission, AMRUT, Ease of Doing Business and other such flagship programs was witnessed”, he further said.

NBCC, which is entrusted with the task of implementing the Netaji Nagar and Nauroji Nagar projects besides the Sarojini Nagar GPRA project, is also executing a smart sub-city in the shape of East Kidwai Nagar which is fast nearing completion. The CPWD has been entrusted with the task of implementing the 04 GPRA projects at Mohammad Pur, Kasturba Nagar, Thyagraj Nagar and Sriniwaspuri.  We hope to hold the foundation laying ceremony of Mohammadpur soon.

Expressing gratitude to Hon’ble Vice President for his gracious presence on this occasion and for consenting to lay the foundation stone of these 2 projects today, Shri Puri assured him that the Ministry of Housing & Urban Affairs would keep on exploring many more such possibilities all over India, by undertaking a holistic approach to urbanisation in order to upscale the urban infrastructure and housing stock in the entire nation.

Project Profile:

Redevelopment of Netaji Nagar on 110 acres with proposed GPRA, GPOA and SocialInfrastructure

  • Seamlessly Integrated Green Landscape in an urban high rise setting to avoid a concrete jungle
  • Prominence given to landscape and ease of access
  • Vehicular free circulation system with no surface parking, two level basement parking for residents and visitors.
  • Enhanced streetscape for a thriving & safe environment
  • Equipped with ‘Smart City’ sustainable features
  • GPOA blocks placed along the Ring Road with better visibility.  Easy connectivity next to Metro Station
  • GPOA & GPRA segregated in two parcels for independent traffic movement system
  • Existing Social Infra relocated for better connectivity without disturbing the built residential development.
  • Suvidha market/convenient shopping centers are distributed & strategically placed for convenience of citizen.

Sustainable Benchmark:

  • A GRIHA compliance project (minimum 3-star rating).
  • Efficient management of energy & water resources.
  • Management of material resources and waste like garbage chute, waste compactor, construction and demolition waste plant.
  • Installation of solar panel at the rooftop.
  • Heat insulated glass with less energy emission.
  • Installation of building management system to save energy.

Salient features:

  • High speed construction with Monolithic RCC shear wall technology using aluminium framework for better finishing.
  • Double height entrance lobbies.
  • Zero maintenance façade finishing with stone cladding upto 3 levels.
  • Granite flooring in public areas
  • High quality finishing construction with UPVC glazing in GPRA &Structutal Glazing in GPOA.
  • Construction as per latest life & safety norms for fire &structural design as per NBC 2016.
  • Provisions of adequate balconies & cupboards.
  • Open plan office layout for flexible combination or subdivision of spaces as per requirement of various department.
  • Adequate parking of approximately 3500 cars in GPOA.
  • Provision of central air-conditioning, Wi-Fi  and IT enabled office environment.

 

 

 

 

 

******

RJ/SB

This is with reference to the article “Only 22% funds utilised in six Housing Ministry schemes” published on 12th May 2018 in a newspaper which was based on the information given to the Parliamentary Standing Committee on Urban development. This is a misinterpretation of the statistics relating to funds released/utilisation regarding schemes/missions being implemented by the Ministry of Housing and Urban Affairs, resulting in incorrect inferences. While funds released/utilisation is part of the normal government financial procedures to ensure proper accounting systems, it is not a true barometer of the physical progress and speed of the implementation of the mission targets/objectives. Most of the schemes have large capital intensive projects with a completion time range of 1-3 years for the project.

 

The Ministry of Housing and Urban affairs has been able to achieve substantial milestones in both physical and financial terms in so far as mission objectives/targets are concerned. The utilization certificates are required to be submitted within 12 months of the closure of the financial year in which the grants were released. Thus,during the year 2017-18, while the total cumulative grants released was Rs.46,663 crores, Utilization Certificates were due only for the grants released upto March 2016, i.e. for approximately Rs.10,365 crores.  The utilization figures, given to the Standing Committee pertained mostly to funds released upto 2015-16 as only this was due in 2017-18.  In fact, at the closure of the year 2017-18, as against the due amount of Rs.10,365 crores for utilisation certificates (UCs), actual UCs for an amount of Rs.15,403 crores were received in the Ministry.This figure also included some UCs which were due in the next financial year i.e. 2018-19. 

Mission wise progress of funds released, projects progress and utilisation status, etc. is given below:

Smart Cities Mission

 

Smart City Mission has lots of convergence with other missions like AMRUT etc. and some of the projects are implemented under Public Private Partnerships.  1,333 projects worth Rs. 50,626 crores have been completed or under implementation / tendering. Overall projects worth Rs.2,03,979 crores have been identified for all 99 smart cities across the country.

 

Out of 99 Smart cities which have been selected so far, 91 of them have already incorporated SPVs (Special Purpose Vehicles). 9 Smart Cities viz. Ahmedabad, Rajkot, Vadodara, Visakhapatnam, Bhopal, Pune, Kakinada, Surat & Nagpur have already established Integrated City Command and Control Centres (ICCC).  Work is under progress on 14 more and 32 are under tendering stage .

 

            Smart Road projects have been completed in 4 cities worth Rs.228 crores and are under implementation/tendering stage in 40 cities worth Rs. 5,123 crores.  Smart Solar projects in 6 cities have been completed, while projects in 49 cities are under implementation/tendering.  Smart Water projects have been completed in 6 cities while projects are under implementation/tendering in 43 cities.  Similarly, Smart Waste Water projects in 46 cities have been completed/under implementation/ tendering.  Public Private Partnership projects worth Rs.734 crores have been completed in 13 cities while projects worth Rs. 7,753 crores are under implementation/tendering in 52 cities.  Apart from this, other impactful projects like heritage conservation, water front development, public space development etc. have been completed in 13 cities worth Rs.107 crores and projects worth Rs. 5,865 crores are under implementation/tendering. 

 

The selection of smart cities was done in various stages with the last 9 cities been selected in Jan 2018. It is pertinent to mention that it normally takes around 12 to 18 months after selection of a city as Smart City to set up a Special Purpose Vehicle, appointment of a Project Management Consultant, prepare detailed project reports and award the work after tender.  The timeline for the completion of smart city projects according to the rounds in which they were selected is given below:

  • Round 1 cities-  2019-20 to 2020-21
  • Round 2 cities- 2019-20 to 2021-22
  • Round 3 cities- 2020-21 to 2021-22
  • Round 4 cities- 2020-21 to 2022-23

 

AMRUT

 

Under AMRUT, out of State Annual Action Plan(SAAP) size of Rs.77,640 crores, projects worth Rs.65,075 crores (84%) are under various stages of implementation including projects tendered and where DPRs have been approved.  More than 22 crores urban population will benefit from this mission.  Total of Rs. 11,945 crores has been released so far Close to 400 projects worth Rs.325 crores have already been completed and for 2,188 projects worth Rs.40,074 crores, contracts have been awarded and are at various stages of implementation. Further, 895 projects costing Rs.13,586 crores are under tendering and for 729 projects costing Rs.10,824 crores DPRs have been approved.   Further, 8.58 lakhwater tap connections have been provided so far under the Mission and by convergence of other schemes.   By the end of the Mission, i.e. June 2020, nearly 1.4 crore water taps will be provided across the country.   37 lakh street lights have been replaced with energy efficient LED lights.   Around 322 green spaces and parks projects have been completed under the Mission.  A Single window clearance system has been implemented in Delhi and Mumbai for construction permits, where only 8 procedures and less than 60 days are required for all approvals. Online Building Permission Systems(OBPS) is operational in 370Mission cities and is under various stages of implementation in remaining cities.

PMAY(U)

 

            Total of Rs. 24,475crores has been released to the States under the scheme. So far, 45.86 lakh houses have been sanctioned under the scheme; out of these 23.43 lakh houses have been grounded and 7.02 lakh houses have been completed so far (including incomplete houses of earlier scheme).


DAY – NULM

 

            Under the Mission Rs.1907.5 croreshave been released so far.  The Mission has been extended to all the statutory towns. Since the beginning of the mission, employment has been generated for 6,36,956 beneficiaries.  Around 11 lakh urban poor have been imparted skill training to improve their employability.  A total of 2,81,197 Self-Help Groups have been formed and 1,94,879 SHGs have been assisted with Revolving Fund while 3,82,746 SHGs have been disbursed loans under SHG Bank Linkage Programme.  Street Vendor Survey has been completed in 2,178 towns and 16,76,403 street vendors have been identified and 7,92,286 ID cards issued.  1,565 shelters for urban homeless have been sanctioned and 961 shelters made operational.

 

HRIDAY

 

City HRIDAY Plans (CHPs) for 12 cities have been approved. 66 DPRs amounting to Rs. 421.47 crores have been approved and Rs. 261.31 crores have been released to 12 cities for implementation of scheme.  Total expenditure under the scheme so far is Rs.209.5 crores.58 projects are under implementation at various stages.  All works will be completed by September 2018. 

 

Swachh Bharat Mission (Urban)

 

A total of Rs.6,592 crores have been released to states.  Total number of 48.67 lakh individual household toilets and 3.3 lakh Community/Public Toilet (CT/PT) seats have already been constructed and 8.3 lakh individual toilets and 0.37 lakh CT/PT are under construction.  2679 cities have been so far self-declared Open Defecation Free and after third party certification 2,133 cities/ ULBs have been certified as Open Defecation Free (ODF).  62,436 urban wards have been covered under 100% Door to Door collection of solid waste while waste to Compost total achievement is 13.11 lakh TPA from 145 functional Plants and work on 65 lakh TPA is under progress.  Around 88 Mega Watts of energy is being produced from waste and work on Waste toEnergy plants of 412 MW is under progress.

****

 

RJ/SB

The Vice President of India, Shri M. Venkaiah Naidu has said that cities are the drivers of economic growth and all sections of people living in the cities need to be provided with adequate housing and other essential amenities. He was addressing the gathering after laying foundation stone for the World Trade Center at Nauroji Nagar and redevelopment of Netaji Nagar General Pool Residential Accommodation Colony, here today. The Minister of State for Housing and Urban Affairs (I/C), Shri Hardeep Singh Puri and other dignitaries were present on the occasion.

The Vice President said that it is a matter of pride and satisfaction for him to be a part of the foundation stone laying ceremony of the projects which were conceptualised and took shape when he was the Housing and Urban Affairs Minister.

The Vice President said that besides providing housing to all citizens, there is a need to create good infrastructure to cater to the needs of the burgeoning population. We must also ensure that the development is sustainable by protecting our environment and resources, he added.

The Vice President said that there is a need to build green buildings and promote energy efficient and smart mobility solutions for optimum utilization of scarce resources and spaces.  There is also a need to promote the concept of green and energy efficient buildings in a big way and create greater awareness among the citizens, he added.

The Vice President said that the projects initiated today are aimed at providing better quality of life to citizens and spur economic growth. Cities are the drivers of economic growth and all sections of people living in the cities need to be provided with adequate housing and other essential amenities, he added.

Saying that India is witnessing urban renaissance following the launch of Smart Cities Mission, the Vice President said that apart from improving quality of life, Smart Cities also seek to provide clean and sustainable environment.

Following is the text of Vice President’s address:

“I am very happy to be here today to lay the foundation stone for the World Trade Center at Nauroji Nagar and redevelopment of Netaji Nagar General Pool Residential Accommodation Colony. It is a matter of pride and satisfaction for me to be a part of the foundation stone laying ceremony of the projects which were conceptualised and took shape when I was the Housing and Urban Affairs Minister.

These projects are a part of the project for redevelopment of seven GPRA colonies (Sarojini Nagar, Netaji Nagar, Nauroji Nagar, Mohammedpur, Kasturba Nagar, Sriniwaspuri and Thyagaraj Nagar) being undertaken by the Ministry of Housing and Urban Affairs through NBCC and CPWD. 

Sisters and brothers, India is witnessing rapid urbanisation.  About 31.7 per cent of the country’s population lived in urban areas in 2011. It is projected that over 50 per cent of the country’s people will be living in cities and towns by 2050. It is projected that the urban population will cross 80 crores by 2050.  This means cities and suburbs will undergo significant transformation and there will be lot of pressure on housing.

Besides providing housing to all citizens, we will need more roads, bridges, highways, round-the-clock electricity, adequate water supply, waste disposable systems, office and retail spaces, rapid transportation, airports, sea ports and other infrastructure to cater to the needs of the burgeoning population. The challenges are huge and need to be overcome if we have to sustain rapid economic growth of close to 7 or 7.5 per cent per year on a continuous basis.

At the same time, we must ensure that the development is sustainable by protecting our environment and resources.  So, we need to build green buildings and promote energy efficient and smart mobility solutions for optimum utilization of scarce resources and spaces.  The planning of the Government is geared towards achieving these objectives and any future urban planning will have to be based on these considerations. There is also a need to promote the concept of green and energy efficient buildings in a big way and create greater awareness among the citizens.

Talking specifically of Delhi in the context of today’s function, it is well known that there is an acute shortage of Government housing and office space in the National Capital Region (NCR). This has created a long list of Government officials waiting for their turn for allotment of a house.

The Master Plan for Delhi (MPD)-2021, encourages redevelopment of old residential areas with a view to utilizing the existing land resources in the most efficient manner to meet the growing demand for built up space. I am happy to inform that during my tenure in the Ministry, we resolved to work towards addressing the issues of government housing along with social infrastructure and mixed land use for optimum utilisation of land and other resources with a visionary approach. Today’s function symbolizes this single-minded devotion and long term planning. 

The Government approval for the redevelopment of seven GPRA Colonies in Delhi was accorded on 5th July 2016 at an estimated cost of Rs. 32,835 Crore which includes operation and maintenance cost for 30 years.

NBCC is the implementing agency for Redevelopment of Sarojini Nagar, Nauroji Nagar and Netaji Nagar, while CPWD is the implementing agency for Redevelopment of Kasturba Nagar, Thyagraj Nagar, Sriniwaspuri and Mohammadpur.

Redevelopment envisages integration of the infrastructure of the surrounding areas. The Project will be financed through sale of Commercial Built-up Area (BUA). The Project will incorporate smart city features including in-house Solid/Liquid Waste Management facility, Rain Water Harvesting, Solar Energy and Green Building norms.

The World Trade Center in Nauroji Nagar to be developed by NBCC India Limited will be major land mark in the evolving skyline of the city of Delhi.  NBCC has obtained the accreditation of “World Trade Center” for this project.  The World Trade Center’s Association will stimulate trade and investment opportunities for commercial property developers, economic development agencies, and international businesses that are looking to connect globally and prosper locally. Nauroji Nagar would be developed as a state-of-the-art commercial hub in a plot area of 25 acres with all modern facilities and beautifully designed façade with a pleasing landscape. The project will be built at a cost of Rs. 2,694 crore and will have 12 towers of G+9 structure, apart from another commercial block and school building. It will be constructed as an integrated business hub.   It will be constructed on the concept of zero waste. Solid waste / waste water will be treated in-house and reused.  The recycled water will be used for horticultural purposes also. 

The redevelopment of GPRA colony Netaji Nagar will be another big and significant project of Delhi. This project has been taken up for the redevelopment of one of the old government colonies into residential and general pool office accommodation along with accompanying social infrastructure.  When completed, it will have 4,855 dwelling units with 70% open area comprising 90 towers.   The project will be constructed at a cost of Rs. 5,466 crore including O&M.  It will have zero discharge into the sewerage system and a sewage treatment plant will also be constructed.  Treated water will be used for horticulture and other purposes.

Finally, I would like to emphasize that the projects initiated today are aimed at providing better quality of life to citizens and spur economic growth. Cities are the drivers of economic growth and all sections of people living in the cities need to be provided with adequate housing and other essential amenities. In fact, India is witnessing urban renaissance following the launch of Smart Cities Mission, which seeks to transform cities into Centers of economic activities. Apart from improving quality of life, Smart Cities also seek to provide clean and sustainable environment.

I once again take this opportunity to congratulate the Minister, Secretary and all officers of the Ministry and the team of NBCC led by its Managing Director for launching one of the most ambitious and state of the art urban projects in Delhi and offer my best wishes to all of you for its early completion and dedication to the people of Delhi.

 

JAI HIND!

***

AKT/BK/RK

Canadian Solar, one of the world's largest solar power companies, has acquired 97.6MWp solar photovoltaic project in Cafayate, Salta Province, Argentina.

The Cafayate Project was awarded in the second public renewable energy tender in Argentina, receiving a USD denominated 20-year Power Purchase Agreement at US$56.28/MWh. Canadian Solar plans to start construction on the plant in July 2018. Once connected to the grid by Q2 of 2019, the plant will generate approximately 235,777 MWh of electricity per year, which will be sold to CAMMESA.

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.

SUZHOU, China, 19 de mayo de 2018 /PRNewswire/ -- GCL System Integration (GCL SI) (002506.SZ), una filial de GCL Group, el principal conglomerado de energía limpia del mundo, presentará una variedad de novedosos monomódulos y multimódulos de alta eficiencia en la exposición anual SNEC PV Power Expo (SNEC), que se celebrará en Shanghái a finales de mayo.

Durante la exposición, GCL Group ocupará un estand de 986 metros cuadrados en el pabellón E1, denominado "Solar Cell and System Projects and Application International Brand Hall" (pabellón de marcas internacionales de aplicación y proyectos de sistemas y células solares), en donde mostrará sus últimos productos, que abarcan todas las facetas del sector fotovoltaico, como la integración de aplicaciones tecnológicas fotovoltaicas, la cadena industrial de la energía inteligente, los hogares inteligentes y el uso combinado de la energía solar y térmica. La más esperada es la revolucionaria tecnología FBR + CCz de GCL SI, junto con una variedad de monomódulos y multimódulos de alta eficiencia, entre los que se incluyen algunos modelos diseñados para los proyectos de la empresa relacionados con la reducción de la pobreza. Eric Luo, presidente de GCL SI, declaró que la empresa continuará sus esfuerzos en I+D y ofrecerá un mayor valor a los clientes.

Actualmente, GCL SI tiene una capacidad de producción de módulos de aproximadamente 6 GW y su volumen de envíos alcanzó los 4,84 GW en 2017, hecho que lo clasificó como uno de los principales proveedores del mundo. La eficiencia promedio de su célula PERC de silicio negro policristalino y alto rendimiento ha alcanzado el 20,8% y su eficiencia máxima, el 21,3%. La potencia de su módulo de 60 células policristalinas supera los 300 W, lo que convierte a GCL SI en el líder absoluto del sector en términos de rendimiento de módulos policristalinos. GCL SI ha participado en la licitación de los dos proyectos líderes en Changzhi y Tongchuan con sus productos de alta eficiencia.

En los próximos años, el mercado fotovoltaico alcanzará un crecimiento constante. En concreto, la demanda de energía fotovoltaica en los mercados emergentes extranjeros aumentará todavía más. GCL SI fortalecerá aún más su investigación y desarrollo de productos de alta eficiencia, consolidará su principal actividad comercial de energía fotovoltaica y se centrará en aumentar la proporción de negocios en el extranjero. En 2017, los negocios internacionales de GCL SI aumentaron un 20% interanual, lo que representa un 26,37% de su volumen de negocios total. Se espera que la proporción de los negocios en el extranjero alcance el 50% en 2018.

GCL SI se guía por la demanda del mercado y ofrece productos de alta calidad y eficiencia a varios entornos de todo el mundo. Sus células de alta eficiencia, módulos MBB y productos bifaciales de doble vidrio satisfacen las necesidades de los proyectos líderes de China y de los mercados extranjeros. A través del desarrollo de paquetes de integración modular, también se da respuesta a las necesidades personalizadas de consumidores nacionales y extranjeros. Además, GCL SI continúa promoviendo la fabricación inteligente, está ayudando a acelerar la evolución de la fabricación hacia la automatización y la digitalización e integra tecnologías de la información como Internet y el Internet de las Cosas en el proceso de producción. Su producción flexible y su fabricación inteligente mejoran la calidad y la eficiencia de los productos, lo que ayudará a GCL SI a alcanzar su objetivo de desarrollo de alta calidad.

Acerca de la SNEC PV Power Expo

La SNEC PV Power Expo (SNEC), que ya va por su duodécima edición, fue fundada por la Asociación Asiática de la Industria Fotovoltaica (APVIA), la Sociedad China de Energía Renovable (CRES) y la Asociación de Industrias de Energía Renovable de China (CREIA), y cuenta con el patrocinio de 19 agencias y organizaciones internacionales, entre las que se incluye la Asociación de Industrias de Energía Solar de EE.UU. (SEIA), entre otras. La SNEC, que constituye la exposición de nuevas energías más grande del mundo y una importante plataforma para que las principales empresas muestren sus avanzados productos tecnológicos, cuenta con equipos de producción fotovoltaicos, materiales, células, módulos y productos de aplicación, y sistemas y proyectos solares que cubren todos los aspectos de la cadena industrial fotovoltaica.

Acerca de GCL SI

GCL System Integration Technology Co., Ltd. (SZ: 002506) (GCL SI) forma parte del grupo GOLDEN CONCORD (GCL). GCL SI ofrece un sistema integral y vanguardista de energía integrado y tiene la intención de convertirse en el líder mundial en energía solar.

SOURCE GCL System

SU-ČOU, Čína, 19. května 2018 /PRNewswire/ -- GCL System Integration (GCL SI) (002506.SZ), dceřiná společnost předního světového koncernu GCL Group zaměřeného na čistou energii, představí na konci května během každoroční výstavy SNEC PV Power Expo (SNEC) v Šanghaji celou řadu nových mono a polykrystalických modulů.

Během výstavy SNEC se bude společnost GCL Group prezentovat ve stánku o ploše 968 metrů čtverečních v hale E1 s názvem „Hala mezinárodních značek s projekty a aplikací solárních článků a systémů", kde bude vystavovat své nejnovější výrobky, které pokrývají všechny aspekty fotovoltaického průmyslu, včetně integrace využití fotovoltaických technologií, průmyslového řetězce inteligentní energie, inteligentních domů a kombinovaného využití solárních a tepelných zdrojů. Nejvíce se očekává revoluční technologie FBR + CCz společnosti GCL SI spolu s řadou vysoce výkonných mono a polykrystalických modulů včetně některých modelů navržených pro projekty společnosti zaměřené na zmírnění chudoby. Eric Luo, prezident společnosti GCL SI, uvedl, že společnost GCL bude pokračovat ve svém úsilí v oblasti výzkumu a vývoje a zákazníkům poskytne větší hodnotu.

Společnost GCL SI je současnosti schopna vyrobit moduly s celkovou kapacitou přibližně 6 GW a objem jejích dodávek dosáhl v roce 2017 celkového výkonu 4,84 GW, což ji činí jedním z nejvýznamnějších dodavatelů na světě. Průměrná účinnost vysoce výkonného polykrystalického černého křemíkového článku PERC dosáhla 20,8 % a jeho maximální účinnost dosáhla 21,3 %. Výkon tohoto polykrystalického 60článkového modulu přesahuje 300 W, což společnost GCL SI činí absolutní jedničkou v oblasti výroby polykrystalických modulů. Společnost GCL SI se se svými vysoce účinnými moduly účastnila výběrového řízení na dva projekty iniciativy Front-runner v Čchang-č a Tchung-čchuanu.

V několika příštích letech bude fotovoltaický trh dosahovat stálého růstu. Poptávka po fotovoltaice se bude zvláště zvyšovat na zahraničních rozvíjejících se trzích. Společnost GCL SI ještě více posílí svůj výzkum a vývoj produktů s vysokou účinností, upevní své hlavní podnikání v oblasti fotovoltaiky a zaměří se na zvýšení podílu zahraničních projektů. V roce 2017 zahraniční obchod společnosti GCL SI meziročně vzrostl o 20 %, což představuje 26,37 % jejího celkového objemu obchodů. Očekává se, že podíl zahraničního obchodu dosáhne v roce 2018 úrovně 50 %.

Společnost GCL SI se řídí poptávkou na trhu a poskytuje kvalitní a vysoce efektivní produkty pro různá prostředí na celém světě. Její vysoce efektivní články, moduly MBB a oboustranné produkty s dvojitou plochou splňují požadavky čínských projektů iniciativy Front-runner a zahraničních trhů. Díky vývoji modulárních integračních balíčků je možné splnit i různorodé potřeby domácích i zahraničních zákazníků. Kromě toho společnost GCL SI nadále podporuje inteligentní výrobu, pomáhá urychlit vývoj výroby až po automatizaci a digitalizaci a integruje do výrobního procesu informační technologie, jako je internet a internet věcí. Její štíhlá výroba a inteligentní výroba zlepšují kvalitu a efektivitu výrobků, což společnosti GCL-SI pomůže dosáhnout svého cíle v oblasti vysoce kvalitního vývoje.

O výstavě SNEC PV Power Expo

Výstava SNEC PV Power Expo (SNEC), která se bude konat již 12. rokem, byla založena Asijskou asociací fotovoltaického průmyslu (APVIA), Společností pro obnovitelné zdroje v Číně (CRES) a Čínskou průmyslovou asociací pro obnovitelné zdroje (CREIA). Výstava je sponzorována 19 mezinárodními agenturami a organizacemi, včetně sdružení US Solar Energy Industry Association (SEIA). Jako největší světová výstava nových energií a důležitá platforma pro významné společnosti umožňující představení pokročilých technologických produktů představuje SNEC zařízení pro výrobu solární energie, materiály, solární články, aplikační produkty a moduly a solární projekty a systémy, které pokrývají všechny aspekty řetězce fotovoltaického průmyslu.

O společnosti GCL-SI

Společnost GCL System Integration Technology Co., Ltd. (002506.SZ) (GCL-SI) je součástí skupiny GOLDEN CONCORD (GCL). Společnost GCL-SI dodává komplexní, nejmodernější a integrovaný energetický systém a je odhodlána stát se přední světovou společností v oblasti solární energie.

SOURCE GCL System

WASHINGTON, May 18, 2018 /PRNewswire-USNewswire/ -- Orbital ATK, in conjunction with NASA, has moved the launch of its ninth contracted mission to the International Space Station to no earlier than 4:39 a.m. EDT Monday, May 21, to support further prelaunch inspections and more favorable weather conditions.

May 21 currently shows an 80-percent probability of acceptable weather for launch from NASA's Wallops Flight Facility in Virginia. Orbital ATK's Cygnus cargo spacecraft will launch on the company's Antares rocket from Pad 0A of Virginia Space's Mid-Atlantic Regional Spaceport at Wallops.

NASA TV coverage of launch activities is as follows:

Saturday, May 19

  • 1 p.m. – What's On Board briefing: Scientists and researchers discuss some of the investigations heading to the station on Cygnus.

Sunday, May 20

  • 11 a.m. – Prelaunch Briefing: Mission managers will provide an overview and status of launch operations.

Monday, May 21

  • 4 a.m. – Live coverage of the launch begins
  • 5:45 a.m. – Deployment of the Cygnus spacecraft's solar arrays
  • 7 a.m. – Postlaunch news conference

Thursday, May 24

  • 3:45 a.m. – Rendezvous and capture of the Cygnus spacecraft at the International Space Station, scheduled for 5:20 a.m.
  • 7:30 a.m. – Installation of the spacecraft to the space station.

Three NASA astronauts aboard the station will manage the spacecraft's arrival. Expedition 55 Flight Engineer Scott Tingle will grapple the spacecraft, backed by Ricky Arnold, and Drew Feustel will monitor Cygnus systems during its approach. They will use the space station's robotic Canadarm2 to grab the spacecraft and ground controllers will command the robotic arm to rotate and install Cygnus onto the station's Unity module.

Cygnus will remain at the space station until July 15.

Learn more about Orbital ATK's mission at:

http://www.nasa.gov/orbitalatk 

Get breaking news, images and features from the station on Instagram and Twitter, visit:

http://instagram.com/iss 

and

http://www.twitter.com/Space_Station 

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/update-nasa-orbital-atk-now-targeting-may-21-for-next-resupply-mission-to-space-station-300651326.html

SOURCE NASA

Related Links

http://www.nasa.gov

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs.

This report analyzes the worldwide markets for Bicycles in US$ Thousand by the following Segments:

  • Mountain Bicycles
  • Road Bicycles
  • Hybrid Bicycles
  • Youth Bicycles
  • Others Bicycles
  • Parts & Accessories.

The report profiles 249 companies including many key and niche players such as:

  • Accell Group N. V. (The Netherlands)
  • Currie Technologies (USA)
  • Raleigh Ltd. (UK)
  • Winora Staiger GmbH (Germany)
  • Amer Sports Corporation (Finland)
  • Atlas Cycles (Haryana) Ltd. (India)
  • Avon Cycles Ltd. (India)
  • Campagnolo S.r.l (Italy)
  • Cycleurope AB (Sweden)
  • Dorel Industries Inc. (Canada)
  • Cannondale Bicycle Corporation (USA)
  • Pacific Cycle Group (USA)
  • Schwinn Bicycles (USA)
  • Fox Factory, Inc. (USA)
  • Giant (Taiwan)
  • Hamilton Industries Pvt. Ltd. (India)
  • Hero Cycles Ltd. (India)
  • Huffy Corporation (USA)
  • Merida Industry Co., Ltd. (Taiwan)
  • Montague Corp. (USA)
  • M S Bhogal and Sons (India)
  • Santa Cruz Bicycles (USA)
  • Shanghai Forever Import & Export Co., Ltd. (China)
  • Shanghai Phoenix Imp. & Exp. Co., Ltd. (China)
  • Shimano, Inc. (Japan)
  • Specialized Bicycle Components, Inc. (USA)
  • SRAM LLC (USA)
  • Tandem Group plc (UK)
  • TI Cycles of India (India)
  • Trek Bicycle Corp. (USA)

Key Topics Covered:

1. INDUSTRY OVERVIEW
Bicycles
A Prelude
Global Bicycles Demand Growing at Healthy Pace
Market Overview
Measures to Boost Cycling Usage
Rising Prevalence of Obesity Spurs Demand for Bicycles
Riding the Economic Rollercoaster and Bikenomics
Future Prospects High
E-Bikes to Experience Massive Increase in Popularity
Regional Usage Patterns
Bicycle Parts and Accessories
A Review
Smart Bicycle Accessories
Pricing of Bicycles
Rising ASPs
A Key Trend
Cost Considerations
Current & Future Analysis
Hybrid Bicycles Gaining Ground
Road Bicycles
Riding High on Technology Evolution
Mountain Bike Segment Registers Rising Demand
Growth Restraints
Cycling in Developed and Developing Countries
Developing Countries Display Strong Fondness for Mid-Range Bicycles
Bike Sharing
A Latest Urban Development
Production & Export/Import Scenario
Taiwan
A Key Producer of High-End Bicycles
China
To Emerge as the Hot Spot for High-End Bikes
Exports

2. MARKET TRENDS, DRIVERS AND ISSUES
Volatile Gas Prices Boost Bicycle Sales
Oil Production Nearing Saturation: Stimulus for Electric- Bicycles
Growing Focus on Traffic Congestion and Environment Issues Spur Demand
Bicycling
A Potential Solution to Global Warming
Reduction in CO2 Emissions and Energy Usage
Rising Usage of Bikes in Urban Areas
Overview of Electric Bicycles
Demand for Electric Bicycles Gains Momentum
Definition of E-Bicycles in Select Regions
Impact of Technological Advancement on Bikes
An Emerging Standard in Mountain Bikes Segment
Wheels Become Stronger
Endurance Bikes: Futuristic Trend with High Potential
Carbon Technology
Permeating at Faster Rate
Disc Brakes to Emerge as New Standard for Road Bikes
Tubeless Tires Gain Steady Adoption Among Road Bikes
Fat Tires and Rims in Vogue
Folding Bicycles Witness Healthy Growth
Initiatives Encourage Bicycle Riding
Novel Sophisticated Features Improve Growth Prospects
Growing Demand for Cars in Developing Countries Adversely Impacts Market
Escalating Metal Prices Pressure Manufacturers
Transforming from Traditional Manufacturing to High-tech Industry
Aggressive Promotions Spur Market Penetration
Distribution Channels

3. INNOVATIONS
Innovation Trends
Cyclist Safety First
Bike Detection System
Smart Bikes and Handlebars
Indication Bands and Gloves
Indicator Lights
Navigation Convenience
Smart Bikes
Smart Wheels
Smart Handlebar
Bike Security
GPS Tracking
Invisible Locks
Smart Locks
Disc Brakes
Innovations in the Bicycle Segment
Select Innovations in Bicycles
Innovative E-Bikes
Wooden Bikes
Technological Advancements Boost Design and Production
Self-filling Bottle
Bicycle Seat for Elderly
Sharing Bikes
Gearing
Electronic Shifting
BSMART Technology
Collision-warning Sensor
Power Generating Bicycles
Copenhagen Wheel
Bike Trainer
Innovative Bicycle Concepts
Innovative Products and Solutions
Innovations in the Smart Bikes Space
Wearable Technology
COBI
Headlights
Redshift ShockStop Suspension Stem
SpeedForce
Vyron eLECT Wireless Dropper seatpost from Magura
Lumos Helmet
Solid Tires
ShockWiz Suspension-setting System
SRAM Red eTap Wireless Shifting System
Limits Power Meter
Variotronic Electrochromic Sunglasses
Nuseti Sealed-drive Train Mountain Bike
Imprint Moldable Grips
Fluent Suspension Wheel
Patchnride Flat-patching Tool
Shimano XTR Di2 Electronic Shifting System
Pedal-Assists
Power Generator
Hank Direct Bike from Bygen
Skylock Solar Powered Lock
Hiplok DXC
Calfee Design Convertible Bikes
Zackees Turn-signaling Gloves
Jacket
Wine and Cupholders
Crash Pad
The Extras
Innovations in Bicycling Ecosystem
Colored Dash Line
Colorful Cycle Tracks
Incorporating Signature Art into Bikes Facilities
Safe Bike Routes
Friendly Bike Streets
Connected Slopes and Levels
Smart Traffic Lights
Apps
Harnessing Data from Cycle Tracking Apps
Social Bridges
Bicycle Piazzas
Bicycle-oriented Development
X-Last LumArt Bollard- Krola
Solar Power for Cycling Tracks
Painting Universal Stencils on Pavements
Unisex-family Bathrooms
Innovative Street Design
Side Lanes
Increasing Quotas for Bikes in Car Parking
Discourage Double Parking
Wider Cycle Tracks
Different Color Schemes for Bike and Bus Lanes
Activating Lights for Signaling Priority
Placing Faade of Storefronts
Tunnel
Converting Unused Tunnels as Cycling Tracks
Bicycle Path in Buildings
Cycling Tracks via Buildings
Bicycle Escalator
Skycycle
High Trestle Trail Bridge
Exclusive Bridge for Pedestrians and Bicyclists
Cycle Snake
Light Diodes
Italian Piazza Lights
Pollution Cleaning Tower
Glowing Street Trees during Night
Glowing Cycling Track during Night
Heated Cycle Tracks and Bridge
Light Companion or Green Wave
Activated Signals
Longer Activation of Light during Rains
Bicyclist Foot Rests
Canopy Tent
Roundabouts
Improved Intersections
Protected Intersection
Bicycle Countdown Signal
Power from Solar Panels for Melting Snow and Ice
Solar-panel Cycling Track
Antifreeze Concrete / Asphalt for Melting Snow
Colored Road Pavement
Drainage Ditch
Building Bicycle Roads Using Soil and Dirt Stabilizers
Bike Share Programs
Dockless Bike Sharing
Incentivising Cyclists
Innovative Options for Bicycle Parking to Promote Biking
Bike Centric Parking
Bicycle Parking for Children and Seniors
Bike Parking Space in Offices
Green Bike Parking Modules
Cylindrical Bicycle Parking
Parking for Cargo Bikes
Innovations that Address Disaster Management Plans
Flood Proof Bike Parking
Bike Bus
Shared Resources
Emergency Evacuation Routes
Involvement of All Public Departments
Water Saving Parks

4. COMPETITIVE LANDSCAPE
Market Review
Key Players in Bicycles Supply Chain
Leading Bicycle Brands of Various Companies
Bicycles Market for New Players
Opportunities in the Bicycles Market
Issues and Challenges for New Entrants
Assessing the Market before Taking a Plunge
Conclusion
Bicycle Components Market

5. PRODUCT OVERVIEW
Bicycle
Mountain Bicycles
History
Demand for Mountain Bicycles
Mountain Bicycle Models Based on Material Used
Road Bicycles
Types of Road and Specialty Bicycles Based on the Material
Touring Bicycles
Utility Bicycles
Recumbent Bicycles
Sports and Road Racing Bicycles
Hybrid Bicycles
Electric Bicycles: An Emerging Segment
Advantages of an Electric Bike
Youth Bicycles
Juvenile BMX Bicycle Models Based on Materials Used
Other Bicycles
Parts and Accessories
Bamboo Bicycles: Take a Ride on Your Imagination
Bike Sharing Programs
Inculcating Interest in Cycling
Defining Various Bicycle Facilities
Complete Street
Cycle Tracks
Contra Flow Lane for Bikes
Buffered Lane
Painted Bike Lane in-between moving Traffic and Parallel Parked Cars
Painted Bike Lane in-between Moving Traffic Sidewalk Curb
Shared Lane Markings
Greenway
Shared-use Paths
Signed Bike Routes
Road
Various Guidelines for Building Bicycle Facilities
Bicycles
Biggest Innovations Ever
Pneumatic Tires
Thinwall, Butted Frame Tubing
Cable-Operated Rim Brakes
Derailleurs
Clipless Pedals
Drop Handlebars
Generator Hubs
Aluminum
Quick Release
Indexed Shifting
Select Innovative and Creative Bicycles
LEAOS Solar Bike
VANMOOF's Electrified S Bike
Sandwichbikes from Pedalfactory
Oko from Biomega Bikes
Sladda from IKEA

6. PRODUCT INTRODUCTIONS/LAUNCHES
Raleigh Introduces Classic Bikes Fern and the Willow
ENVE Introduces Seven M Series Mountain Bike Wheelsets
Spin and LimeBike Launch Electric-Assist Bicycles
Norm Architects Releases a Range of Electric and Manual Bicycles
Campagnolo Introduces Bora One DB Wheel
Montague Launches Crosstown Multi-purpose Bicycle
GT Bicycles Launches New Line of Freestyle BMX Bikes
Blue Bicycles Launches Three Mountain Bikes
Montague Bikes Launches Urban, the Foldable Pavement Bike
Vello Introduces Self-Charging Foldable e-Bike
Budnitz Bicycles Unveils Model E, a High-Tech and Simple e-Bike
Montague Bikes Introduces Boston, the Full-Size Single Speed Foldable Bike
Montague Bikes Introduces Allston, A High End Luxury Bike
Volata Launches a Premium High-Tech Bike for Next Gen Cyclists
Montague Bikes Releases FIT, a Portable Bike for Fitness Freak Women
Montague Bikes Introduces High Performance Mountain Bike, Paratrooper Elite
Montague Bikes Introduces Paratrooper Highline, a Easily Foldable High Performance MTB
Montague Bikes Launches Navigator, the Folding Touring Bike
Liv Launches the all-new 2017 Hail Series Racing Bike for Women
Montague Launches the Paratrooper Pro, a Mountain Bike for Hunters
Xiaomi Launches Folding e-Bicycle for Congested City Roads
Schwinn Launches SmartStart Bikes for Children
Google Launches Self-Driving Bicycle in Netherlands

7. RECENT INDUSTRY ACTIVITY
Accell to Acquire Beeline Bikes
HNF Heisenberg and Nicolai Merge to Form HNF Nicolai
Urbo Collaborates with the London Borough of Redbridge to Roll out 125 Dockless Bikes
Liberty House Acquires Shand Cycles
Bosch eBike Systems Acquires COBI
Pon Holdings Acquires Faraday Bicycles
Tube Investments to Acquire 80% Stake in Great Cycles and Creative Cycles
Trek Bicycle to Acquire Bike Line
Rossignol Group to Acquire Felt Bicycles
Youon Bike Merge with Hellobike to Compete with Industry Giants
LVMH Acquires Stake in Cicli Pinarello SpA
ASI Acquires Performance Bicycle
Gobike to Deploy Bicycle Sharing System in Rotterdam

8. FOCUS ON SELECT GLOBAL PLAYERS

9. GLOBAL MARKET PERSPECTIVE

Total Companies Profiled: 249 (including Divisions/Subsidiaries 276)

  • The United States (68)
  • Canada (7)
  • Japan (3)
  • Europe (107)
    • France (3)
    • Germany (21)
    • The United Kingdom (16)
    • Italy (31)
    • Spain (5)
    • Rest of Europe (31)
  • Asia-Pacific (Excluding Japan) (87)
  • Latin America (4)

For more information about this report visit https://www.researchandmarkets.com/research/w6d7fc/global_bicycle?w=5

Media Contact:

Laura Wood, Senior Manager
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Cision View original content:http://www.prnewswire.com/news-releases/global-bicycle-business-report-2018-the-most-comprehensive-report-on-bicycles-and-components-300651045.html

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com

SUZHOU, China, 18. Mai 2018 /PRNewswire/ -- GCL System Integration (GCL-SI) (002506.SZ), eine Tochtergesellschaft des weltweit führenden Ökoenergie-Konzerns GCL Group, wird Ende Mai auf der jährlichen SNEC PV Power Expo (SNEC) in Shanghai eine Vielzahl neuer Mono- und Multi-Hochleistungsmodule präsentieren.

Auf der SNEC wird die GCL Group auf einem 968 Quadratmeter großen Stand in Halle E1, der „Solar Cell and System Projects and Application International Brand Hall", ihre neuesten Produkte präsentieren, die alle Facetten der PV-Industrie abdecken, einschließlich der Integration von Anwendungen der PV-Technologie, der intelligenten Energiewirtschaftskette, Smart Homes und der kombinierten Solar- und Wärmenutzung. Am meisten erwartet werden die revolutionäre FBR + CCz Technologie von GCL-SI, zusammen mit einer Vielzahl von hocheffizienten Mono- und Multi-Modulen, einschließlich einiger Modelle, die für die Projekte zur Armutsbekämpfung des Unternehmens entwickelt wurden. Eric Luo, Präsident von GCL-SI, sagte, dass GCL seine Anstrengungen im Bereich Forschung und Entwicklung fortsetzen und den Kunden einen größeren Mehrwert bieten wird.

GCL-SI verfügt derzeit über eine Modulproduktionskapazität von ca. 6 GW und erreichte im Jahr 2017 ein Liefervolumen von 4,84 GW. Das Unternehmen zählt damit zu den weltweit führenden Anbietern. Der durchschnittliche Wirkungsgrad der hochleistungsfähigen polykristallinen schwarzen Silizium-PERC-Zellen liegt bei 20,8 %, der maximale Wirkungsgrad bei 21,3 %. Die Leistung seines polykristallinen 60-Zellen-Moduls übersteigt 300 W und macht GCL-SI zu einem absoluten Branchenführer in puncto Leistung polykristalliner Module. GCL-SI hat sich mit seinen hocheffizienten Produkten an der Ausschreibung der beiden Pionierprojekte in Changzhi und Tongchuan beteiligt.

Der Photovoltaikmarkt wird in den nächsten Jahren stetig wachsen. Insbesondere wird die Nachfrage nach Photovoltaik in den Schwellenländern in Übersee weiter zunehmen. GCL-SI wird seine Forschung und Entwicklung im Bereich hocheffizienter Produkte weiter verstärken, den Hauptgeschäftsbereich der Photovoltaik konsolidieren und sich auf die Erhöhung des Auslandsanteils konzentrieren. Im Jahr 2017 stieg der internationale Geschäftsanteil von GCL-SI im Vergleich zum Vorjahr um 20 % und machte 26,37 % des gesamten Geschäftsvolumens aus. Es wird erwartet, dass der Anteil des Auslandsgeschäfts im Jahr 2018 50 % erreichen wird.

GCL-SI orientiert sich an der Marktnachfrage und bietet qualitativ hochwertige und hocheffiziente Produkte für verschiedene Umgebungen auf der ganzen Welt. Seine hocheffizienten Solarzellen, MBB-Module und bifazialen Doppelglasprodukte erfüllen die Anforderungen von Chinas führenden Projekten und ausländischen Märkten. Durch die Entwicklung modularer Integrationspakete können auch die kundenspezifischen Anforderungen in- und ausländischer Kunden erfüllt werden. Darüber hinaus fördert GCL-SI weiterhin die intelligente Fertigung, trägt dazu bei, die Entwicklung der Fertigung in Richtung Automatisierung und Digitalisierung zu beschleunigen und integriert Informationstechnologien wie das Internet und das Internet der Dinge in den Produktionsprozess. Die schlanke Produktion und die intelligente Fertigung verbessern die Produktqualität und -effizienz, und bringen GCL-SI seinem Ziel einer qualitativ hochwertigen Entwicklung immer näher.

Informationen zu SNEC PV Power Expo

Die SNEC PV Power Expo (SNEC), die bereits seit zwölf Jahren stattfindet, wurde von der Asian Photovoltaic Industry Association (APVIA), der China Renewable Energy Society (CRES) und der Chinese Renewable Energy Industries Association (CREIA) gegründet und wird unter anderem von 19 internationalen Verbänden und Organisationen, darunter der US-amerikanischen Solar Energy Industry Association (SEIA), mitfinanziert. SNEC ist die weltweit größte Messe für neue Energien und eine wichtige Plattform für große Unternehmen, um fortschrittliche Technologieprodukte zu präsentieren. Sie bietet PV-Produktionsanlagen, Materialien, Zellen, Anwendungsprodukte und Module sowie Solarprojekte und -systeme, die alle Aspekte der Photovoltaik-Industriekette abdecken.

Informationen zu GCL-SI

GCL System Integration Technology Co., Ltd. (002506.SZ) (GCL-SI), gehört zur GOLDEN CONCORD Group (GCL). GCL-SI bietet ein hochmodernes und integriertes Energiesystem aus einer Hand und ist bestrebt, zum weltweit führenden Solarenergieunternehmen zu werden.

SOURCE GCL System

SUZHOU, China, 18 de mayo de 2018 /PRNewswire/ -- GCL System Integration (GCL SI) (002506.SZ), una subsidiaria del principal conglomerado de energía limpia líder en el mundo -el Grupo GCL-, exhibirá diversos módulos de alta eficiencia en formato mono y multi durante la conferencia anual SNEC PV Power Expo (SNEC), que tendrá lugar en Shanghái a fines de mayo.

En la SNEC, el Grupo GCL se presentará en un stand de 968 metros cuadrados en el Hall E1, correspondiente al "Hall de Marcas Internacionales de Celdas solares y Proyectos de sistema y Aplicación", donde se expondrán los productos más recientes que abarcan todas las facetas de la industria fotovoltaica, incluida la integración de aplicaciones de tecnología fotovoltaica, la cadena de la industria de energía inteligente, los hogares inteligentes, y el uso combinado de energía solar y calórica. Lo más esperado es la revolucionaria tecnología FBR + CCz de GCL SI, junto con una variedad de módulos de alta eficiencia en formato mono y multi, que incluyen algunos modelos diseñados para los proyectos de la compañía orientados a la mitigación de la pobreza. Eric Luo, presidente de GCL SI, manifestó que GCL continuará con sus iniciativas en I+D y entregará valor a los clientes.

En la actualidad, GCL SI cuenta con una capacidad de producción de módulos cercana a los 6 GW, y su volumen de entregas alcanzó los 4,84 GW en 2017, cifra que lo clasifica como uno de los principales proveedores en el mundo. La eficiencia promedio de su celda PERC de silicio policristalino de alto rendimiento ha llegado al 20,8%, mientras que su eficiencia máxima alcanzó el 21,3%. La potencia del módulo con 60 celdas policristalinas supera los 300W, lo que convierte a GCL SI en líder absoluto de la industria en términos de rendimiento de módulos policristalinos. GCL SI ha participado en la licitación de los dos proyectos "Front Runner" en Changzhi y Tongchuan con sus productos de alta eficiencia.

En los próximos años, el mercado fotovoltaico alcanzará un crecimiento estable. En particular, la demanda para los fotovoltaicos en mercados emergentes extranjeros se expandirá aún más. GCL SI reforzará su trabajo de investigación y desarrollo en productos de alta eficiencia, consolidará su negocio principal de fotovoltaicos y se enfocará en incrementar la proporción de negocios en el extranjero. En 2017, el negocio internacional de GCL SI creció un 20% año con año, y corresponde al 26,37% de su volumen de negocios total. Se espera que la cuota de negocios en el extranjero llegue al 50% en 2018.

GCL SI se guía por la demanda del mercado y ofrece productos de calidad y alta eficiencia para diversos ambientes en todo el mundo. Sus celdas de alta eficiencia, los módulos MBB y los productos de cristal doble bifaciales satisfacen las necesidades de los proyectos "Front Runner" en el mercado de China y los del extranjero. Mediante el desarrollo de paquetes de integración modular, también se puede satisfacer a medida las necesidades de clientes nacionales e internacionales. Además, GCL SI sigue promoviendo la manufactura inteligente, que está contribuyendo a acelerar la evolución de la manufactura hacia la automatización y la digitalización, e integra en el proceso de producción tecnologías de información como internet y la internet de las cosas. Su producción sin desperdicios ("lean") y manufactura inteligente mejoran la eficiencia y la calidad del producto, lo que permitirá a GCL-SI cumplir su objetivo de desarrollo de alta calidad.

Acerca de SNEC PV Power Expo

Ya en su 12mo año, la SNEC PV Power Expo (SNEC) fue fundada por la Asociación de Industrias Fotovoltaicas Asiáticas (APVIA, por su sigla en inglés), la Sociedad de Energía Renovable de China (CRES, por su sigla en inglés), y la Asociación de Industrias de Energía Renovable Chinas (CREIA, por su sigla en inglés), y es copatrocinada por 19 agencias y organizaciones internacionales, siendo una de ellas la estadounidense Asociación de Industrias de Energía Solar (SEIA, por su sigla en inglés). Por ser la mayor exhibición mundial de energías nuevas, y una importante plataforma para que grandes empresas exhiban productos de tecnología avanzada, la SNEC presenta equipos de producción fotovoltaicos, materiales, celdas, módulos y productos de aplicación, así como sistemas y proyectos solares, que abarcan todos los aspectos de la cadena industrial fotovoltaica.

Acerca de GCL-SI

GCL System Integration Technology Co., Ltd. (002506.SZ) (GCL-SI), forma parte del GOLDEN CONCORD Group (GCL). GCL-SI entrega un sistema de energía integrado, de vanguardia y completo, y tiene el compromiso de convertirse en la compañía de energía solar líder del mundo.

FUENTE GCL System

SOURCE GCL System

SHANGHAI, May 18, 2018/PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), a global leader in the solar photovoltaic industry, today announced that the 60P version of its P-type PV module peak power broke the world record again with power exceeding 370w and the N-type PV module peak power reaching 378.6w. Both records were certified by the TUV Rheinland (Shanghai) Co., Ltd.

P-type mono modules contain JinkoSolar's world record high efficiency cells. These cells combined with low electricity loss technology, which reduces the module internal resistance and improves its fill factor, allowing peak power to exceed 370W. N-type dual glass modules, leverage passivating contact technology achieve high efficiency with front-side peak power reaching 378.6W. With its excellent bifacial factor, this N-type module can improve outdoor power output per unit dramatically.

Dr. Jin Hao, Vice President of JinkoSolar commented, "Every technological breakthrough results from a strong pioneering spirit and constant search for excellence. Companies with strong independent innovation capabilities are able to grasp opportunities in fiercely competitive markets and establish leadership. JinkoSolar always applies advanced technologies to large-scale applications rapidly to accelerate the popularization of PV applications."

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 8 GW for silicon ingots and wafers, 5 GW for solar cells, and 8 GW for solar modules, as of December 31, 2017.

JinkoSolar has over 12,000 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 global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Panama and Argentina.

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.

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SOURCE JinkoSolar Holding Co., Ltd.

SHANGHAI, May 9, 2018 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), a global leader in the solar photovoltaic industry, today announced that its P-type monocrystalline cell broke the world record again with efficiency hitting 23.95% during certification testing done by the Photovoltaic and Wind Power Systems Quality Test Center at the Chinese Academy of Sciences (CAS).

P-type mono wafer technology is a contributor, with the highly doped and low defect wafers providing excellent bulk quality. The continued gain in efficiency is a result of the further optimization of selective emitter (SE) formation, silicon oxide passivation and the rear side passivation. JinkoSolar's unique light-capturing technology uses black silicon and the multi-layer ARC technology reduces the front side reflectivity of cells to be lower than 0.5%, which ensures the growth of the short-circuit current. Meanwhile, an advanced grid design and a new type of screen-printing paste are used to reduce the series resistance and the metal / silicon interface compound probability as a result of promotion of solar cell fill factor.

Mr. Kangping Chen, CEO of JinkoSolar, commented, "This recent technical breakthrough is a combination of several our latest technologies. In particular, the introduction of novel passivation and selective contact technology have successfully broken the technical bottleneck created by traditional PERC technology and represents a significant step forward for our P type solar cells with their previous efficiency record of 23.45% in 2017. We will continue to allocate resources towards innovating new and high efficiency solar technologies and their application to the market as we continue to provide the most reliable and highest efficiency products."

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 8 GW for silicon ingots and wafers, 5 GW for solar cells, and 8 GW for solar modules, as of December 31, 2017.

JinkoSolar has over 12,000 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 global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Panama and Argentina.

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.

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SOURCE JinkoSolar Holding Co., Ltd.

SHANGHAI, April 25, 2018 /PRNewswire-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the solar PV industry, today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2017 with the Securities and Exchange Commission on April 24, 2018.

The Company's annual report on Form 20-F contains its audited consolidated financial statements and is available on the Company's website at http://ir.jinkosolar.com. The Company will provide a hard copy of its annual report free of charge to its shareholders and holders of American depositary shares representing its ordinary shares upon request.

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 8 GW for silicon ingots and wafers, 5 GW for solar cells, and 8 GW for solar modules, as of December 31, 2017.

JinkoSolar has over 12,000 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 global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, South Africa, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Panama and Argentina.

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, Beijing 
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.

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SOURCE JinkoSolar Holding Co., Ltd.

SHANGHAI, April 17, 2018 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it has signed a renewed credit agreement with HSBC (China) Co., Ltd. ("HSBC") to increase its credit limit to $47 million from $25 million.

"This updated agreement reflects the recognition of leading financial institutions such as HSBS in our brand, operation and financial condition," commented Mr. Charlie Cao, JinkoSolar's Chief Financial Officer. "Strong financial support will help enhance our sustained development capability and strengthen our leading position in the industry. We look forward to working closely with HSBC in the future."

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 8 GW for silicon ingots and wafers, 5 GW for solar cells, and 8 GW for solar modules, as of December 31, 2017.

JinkoSolar has over 12,000 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 global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Panama and Argentina.

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, Beijing 
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.

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SOURCE JinkoSolar Holding Co., Ltd.

SHANGHAI, April 5, 2018 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), a global leader in the solar PV industry, today announced that it has supplied solar modules for America's largest solar PV plant in Mexico. According to terms of the contract, JinkoSolar has supplied high efficient solar modules to a European counterparty for its 754 MW solar PV plant in Mexico, which is expected to begin operations during the second half of 2018 and generate over 1,700 GWh each year.

"We are very pleased to join this significant project," said Gener Miao, JinkoSolar Vice President of Sales & Marketing. "By providing high-quality products, not only do we contribute to the development of Mexico's clean energy, it also further strengthens our presence in the American market."

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, 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 8.0 GW for silicon wafers, 5.0 GW for solar cells, and 8.0 GW for solar modules, as of December 31, 2017.

JinkoSolar has over 12,000 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 global sales offices in China, Hong Kong, Japan, India, Turkey, Germany, Switzerland, United States, Brazil, Chile, Australia, South Africa and United Arab Emirates.

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.

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SOURCE JinkoSolar Holding Co., Ltd.

SHANGHAI, March 20, 2018 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), a global leader in the solar PV industry, today announced that in cooperation with Asunim Turkey, a leading PV project developer and EPC company has completed the largest solar power plant in the Aegean region. Asunim is currently one of the leading EPC companies in Turkey and has so far concluded projects of 140MW with a separate and clear structure committed for long-term O&M commitments. The dedicated international engineering team of Asunim has a long track record of successful systems design and implementation, using cutting-edge 3D modelling and simulation software to correctly elaborate extremely important shading and counter slope calculations.

The power plant in Manisa, Turkey consists of two separate sites that have an outcome of 40.3 MW, built in parallel. One of 19.7MW and the other of 20.6 MW. Both are located in Manisa, Turkey. The systems feature JinkoSolar high-efficiency (PID free) solar modules and REFUsol 40K string inverters operating without the need for fan cooling and with full IP65 protection against humidity and dust. The German company, Solar-Log was the choice for the SCADA system. Operation and Maintenance activities will be covered by Maxima Energy, affiliate but independent O&M Company of Asunim.

"Installing a project on a flat terrain is easier when compared to sites with different slopes. In order to get the highest yield several different studies and calculations were made for this challenging project." comments managing partner of Asunim Turkey, Mr. Umut Gürbüz .

"We are extremely pleased to see this contract as an outcome of our steadily growing successful partnership with Asunim Turkey over the last years. Asunim Turkey, as a trusted local partner, shares and follows the same highest product and service quality levels that we do also apply within Jinko Solar globally which makes us stronger and helps us to maintain our leadership position in the market.'' adds Mr. Gener Miao, Vice President Global Sales and Marketing of JinkoSolar.

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 8 GW for silicon ingots and wafers, 5 GW for solar cells, and 8 GW for solar modules, as of December 31, 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 global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, South Africa, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Panama and Argentina.

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

About Asunim Yenilenebilir Enerji Teknolojileri İnş. Müh. San. Tic. Ltd:
Asunim is based in Ankara, Turkey and operates as a consultant, project developer and EPC and O&M company with focus on project legalization, engineering, component supply and the execution of photovoltaic power plants in the Turkish market and greater region. It belongs to the Asunim group with current further subsidiaries in Portugal, Spain, Dubai and the United Kingdom, accumulating a current track record of 850MW.
www.asunim.co

About Maxima Enerji Sistemleri Teknik Servis Ve Taahhüt Ticaret A.Ş.:
Maxima is based in Ankara, Turkey and operates as an O&M company with focus on PV project operation and maintenance of Asunim's own EPC portfolio and third-party system customers in the Turkish market and greater region. It belongs to the Asunim group. Many years of experience flow into Maxima fine-tuning and detecting errors, leading to drastic increases of energy yield on existing solar power plants.
www.maximaenerji.com.tr

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.

Abstract

World trade is increasingly ruled by preferential trade agreements (PTAs), but their precise nature remains relatively opaque. This paper assesses a central dimension of these agreements, the significance of tariff preferences, using a new data set on... See More + World trade is increasingly ruled by preferential trade agreements (PTAs), but their precise nature remains relatively opaque. This paper assesses a central dimension of these agreements, the significance of tariff preferences, using a new data set on preferential and non-preferential or Most Favored Nation (MFN) applied tariffs, constructed by the International Trade Center and the World Bank. The data set covers 5,203 products, 199 reporters, and 239 partners, representing approximately 97 percent of world imports in 2016. There are three main findings. First, PTAs have significantly widened the scope of tariff-free trade. Whereas 42 percent of the total value of trade traded free under MFN rates in 2016, PTAs have fully liberalized an additional 28 percent of global trade. Second, the extent of preferential liberalization varies significantly across countries and sectors. Around 70 percent of countries have reduced trade-weighted average preferential tariffs to less than 5 percent, but PTAs have not been able to eliminate the high levels of protection in some low-income countries and in agricultural products, textiles, and footwear. Third, while the average preferential margin for trade covered by PTAs is low because one-fifth of world trade under preferential agreements is already duty free, more than a quarter of world trade is subject to an average preference margin of 7.4 percent. Considering competition from preferential and non-preferential sources, however, only 5.2 percent of global exports benefited from a preferential advantage of over 5 percent and only 3.3 percent of global exports suffered from a preferential disadvantage higher than 5 percent. Furthermore, data for a subsample of importers reveal that not all eligible imports take advantage of preferences, because of impediments such as restrictive rules of origin, and therefore actual preference margins are generally lower than potential margins.  See Less -

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ET | Source: Albioma

multilang-release

Albioma Solar Réunion carried out the refinancing of the portfolio of photovoltaic projects in the Indian Ocean and established credit facilities to finance the Group's new projects in the same area for the next 18 months.

The financing, amounting to nearly €110 million, will enable the Albioma Group to optimise the financing of its existing projects and to extend the maturity of the current debt while securing the future financing of projects won under recent invitations to tender launched by the French Energy Regulatory Commission (Commission de Régulation de l'Énergie - CRE) or under feed-in tariffs.

This innovative financing, of a portfolio combining several distinct projects, secures the Group's growth over the next few years in the photovoltaic business in the Indian Ocean region under very attractive conditions.

The operation is carried out with Caisse d'Épargne CEPAC as lead arranger. Bpifrance and BRED took part in the transaction. Natixis is the only hedging bank for the transaction.

 

Albioma is the leading generator of photovoltaic power in Overseas France where it develops and operates innovative projects with integrated storage capabilities. Recently, the Group announced the construction of 51 photovoltaic installations on the roofs of the SHLMR (low-income housing rental company on Reunion Island), with a total capacity of 4.8 MWp.

 

Next on the agenda: Annual General Meeting of shareholders at 3 pm on 30 May 2018 in the auditorium of the Capital 8 Conference Centre, 32 rue de Monceau, 75008 Paris.

 

About Albioma

An independent responsible energy producer, Albioma is committed to the energy transition thanks to biomass and photovoltaics. 

The Group, which is established in Overseas France, Mauritius and Brazil, has developed a unique partnership for 20 years with the sugar industry, to produce renewable energy from bagasse, a fibrous residue from sugar cane.

Albioma is also the leading generator of photovoltaic power overseas where it constructs and operates innovative projects with integrated storage capabilities.

For more information, follow us on Twitter, Facebook and LinkedIn and visit www.albioma.com

Investor contact

Julien Gauthier
+33 (0)1 47 76 67 00

Media contact

Charlotte Neuvy
+33 (0)1 47 76 66 65
This email address is being protected from spambots. You need JavaScript enabled to view it.

Albioma shares are listed on Euronext Paris (sub B) and eligible for the deferred settlement service (SRD) and PEA-PME plans.

ISIN FR0000060402 - Ticker: ABIO

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ET | Source: RGS Energy

DENVER, May 14, 2018 (GLOBE NEWSWIRE) -- RGS Energy (NASDAQ:RGSE), the exclusive worldwide licensee of POWERHOUSE™, an innovative and visually stunning solar shingle system using technology developed by The Dow Chemical Company, expanded its May 11, 2018 press release to include a backlog rollforward and reconciliation of pro forma stockholders’ equity. RGS also corrected errors in the financial summary.

Financial Summary:

($000’s omitted)   1st Quarter
2018
(reported)
  Pro Forma
Adjustments
(Unaudited)
Pro Forma
as if April 9, 2018
Capital Raise closed
on March 31, 2018

(Unaudited)
  1st Quarter
2017

(reported)
 
Pro Forma Cash $303   $4,371 $4,674 $14,077  
Convertible Debt, net*   1     1,280   1,281   1  
Pro Forma shareholders’ equity   3,352     3,091   6,443   17,886  
Working capital   807     3,091   3,898   15,857  
Operating cash outflow   (2,459 )       (4,152 )
Net loss   (4,338 )       (4,034 )

*Preliminary estimated value of convertible notes, net of transaction costs and debt discount for common stock warrants issued.


Backlog Rollforward:

($000’s omitted)   1st Quarter 2018
(reported)
    1st Quarter 2017
(reported)
 
Backlog at December 31st   $12,765     $9,375  
Bookings from new awards (“Sales”)   7,488     3,035  
Cancellations and reductions on existing contracts   (3,859 )   (1,646 )
Net Sales   3,629     1,389  
Amounts recognized in revenue upon installation   (2,507 )   (3,372 )
Backlog at March 31st   $13,887     $7,392  


Corrections to May 11, 2018 Financial Summary:

($000’s omitted) May 14, 2018
Corrected
May 11,2018
Press Release
Net Sales $3,629 $4,243
Pro Forma Convertible Debt, net   1,281   2,000

Management Commentary

“We expect 2018 to be a truly transformative year for RGS,” said Dennis Lacey, CEO of RGS Energy. “We turned our focus on the tremendous market opportunity with POWERHOUSE™.  This opportunity gained a huge boost last week with the new California solar mandate for new residential construction. There are also significant competitive barriers to entry with in-roof solar shingles, and we believe we have the most economical and aesthetically pleasing solution.”

“Even before the California mandate, we already believed there would be great demand for this product, and we have been busily introducing POWERHOUSE™ to local roofers. In fact, we’ve already received written reservations for first deliveries. These reservations currently exceed an estimated $19 million in potential revenue, and we expect much more in the coming months. So, as we start POWERHOUSE™ production and sales we expect our quarterly operating income to turn positive in 2019.”

Conference Call
RGS Energy will hold a conference call to discuss its first quarter 2018 financial results.

Date: Monday, May 14, 2018
Time: 4:30 p.m. Eastern time (2:30 p.m. Mountain time)
Toll-free dial-in number: 1-800-289-0438
International dial-in number: 1-323-794-2423
Conference ID: 6375171
Webcast: http://public.viavid.com/index.php?id=129765

The conference call will be webcast live and available for replay via the investor relations section of the company's website at RGSEnergy.com.

Please call the conference telephone number five minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact CMA at 1-949-432-7566.

A replay of the call will be available after 7:30 p.m. Eastern time on the same day through May 21, 2018.

Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 6375171

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 is the exclusive manufacturer of POWERHOUSE™, an innovative in-roof solar shingle using technology developed by The Dow Chemical Company. RGS Energy also sells, designs and installs solar systems for residential homeowners, commercial businesses, non-profit organizations and government entities. 

For more information, visit RGSEnergy.com and RGSPOWERHOUSE.com, on Facebook at www.facebook.com/RGSEnergy and on Twitter at twitter.com/rgsenergy. Information on such websites and the websites 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 estimated value of the convertible notes discussed above is subject to the completion by a a valuation by a third party expert. Therefore, the actual value may differ materially from the estimated value and the preliminary estimated value of the convertible notes is 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 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 “believe,” “plan,” “expect,” “future,” “may,” “will” and similar expressions as they relate to us 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 and timely commercialize POWERHOUSE™ 3.0; the ability to obtain requisite UL 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 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; competition in the built-in photovoltaic solar system business; RGS Energy’s ability to realize revenue from written reservations for initial POWERHOUSE™ deliveries; RGS Energy’s ability to obtain future written reservations for POWERHOUSE™ deliveries; RGS Energy’s ability to realize revenue from sales of Powerhouse arising from the California Energy Commissions’ mandate for solar systems with new home building commencing in 2020; rules, regulations and policies pertaining to electricity pricing and technical interconnection of customer-owned electricity generation such as net energy metering; the continuation and level of government subsidies and incentives for solar energy; the continuation and level of utility and state incentives for solar energy; changes in general economic, business and political conditions, including tariffs on imported solar cells and changes in the financial markets; and 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.

You should read the section entitled “Risk Factors” in our 2017 Annual Report on Form 10-K and in our Quarterly Reports on Form 10-Q, for 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.

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. 

Print
ET | Source: RGS Energy

DENVER, May 11, 2018 (GLOBE NEWSWIRE) -- RGS Energy (NASDAQ:RGSE), the exclusive worldwide licensee of POWERHOUSE™, an innovative and visually stunning solar shingle system using technology developed by The Dow Chemical Company, reported its results for the quarter ended March 31, 2018 and filed its quarterly report on Form 10-Q. RGS Energy encourages investors to read the filing for a complete report of its results for the quarter.

 
Financial Summary
 
($000’s omitted) Q1 2018
(reported*)
Q1 2017
(reported)
Operational Data:    
Net sales $4,243 $1,390
Total Revenue 2,822 3,663
Residential installation cycle time (days avg for quarter) 114 163
Backlog (at quarter end) 13,887 7,392
     
Financial Data:    
Pro Forma Cash** $4,700 $14,077
Convertible Debt** 2,000 1
Pro Forma shareholders’ equity** 6,400 17,886
Operating cash outflow (2,459) (4,152)
Net loss (4,338) (4,034)
Working capital** 3,900 15,857

*Execept where noted by an “**”
**The pro forma results present the company’s balance sheet as if the net proceeds of the $4.4 million raised on April 6, 2018 was completed on March 31, 2018.

Management Commentary

“We expect 2018 to be a truly transformative year for RGS,” said Dennis Lacey, CEO of RGS Energy. “We turned our focus on the tremendous market opportunity with POWERHOUSE™.  This opportunity gained a huge boost last week with the new California solar mandate for new residential construction. There are also significant competitive barriers to entry with in-roof solar shingles, and we believe we have the most economical and aesthetically pleasing solution. So, as we start production and sales in this market, we expect our quarterly operating income to turn positive in 2019.”

Conference Call
RGS Energy will hold a conference call to discuss its first quarter 2018 financial results.

Date: Monday, May 14, 2018
Time: 4:30 p.m. Eastern time (2:30 p.m. Mountain time)
Toll-free dial-in number: 1-800-289-0438
International dial-in number: 1-323-794-2423
Conference ID: 6375171
Webcast: http://public.viavid.com/index.php?id=129765

The conference call will be webcast live and available for replay via the investor relations section of the company's website at RGSEnergy.com.

Please call the conference telephone number five minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact CMA at 1-949-432-7566.

A replay of the call will be available after 7:30 p.m. Eastern time on the same day through May 21, 2018.

Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 6375171

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 is the exclusive manufacturer of POWERHOUSE™, an innovative in-roof solar shingle using technology developed by The Dow Chemical Company. RGS Energy also sells, designs and installs solar systems for residential homeowners, commercial businesses, non-profit organizations and government entities. 

For more information, visit RGSEnergy.com and RGSPOWERHOUSE.com, on Facebook at www.facebook.com/RGSEnergy and on Twitter at twitter.com/rgsenergy. Information on such websites and the websites 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
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 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 “plan,” “expect,” “future,” “may,” “will” and similar expressions as they relate to us 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 and timely commercialize POWERHOUSE™ 3.0; the ability to obtain requisite UL 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 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;  competition in the built-in photovoltaic solar system business; rules, regulations and policies pertaining to electricity pricing and technical interconnection of customer-owned electricity generation such as net energy metering; the continuation and level of government subsidies and incentives for solar energy; the continuation and level of utility and state incentives for solar energy; and changes in general economic, business and political conditions, including tariffs on imported solar cells and changes in the financial markets.

You should read the section entitled “Risk Factors” in our 2017 Annual Report on Form 10-K and in our Quarterly Reports on Form 10-Q, for 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.

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.

Complete Report in Portuguese

Official version of document (may contain signatures, etc)

*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

**Download statistics measured since January 1st, 2014

Print
ET | Source: RGS Energy

DENVER, May 10, 2018 (GLOBE NEWSWIRE) -- A “new day is dawning” for the POWERHOUSE™ brand of in-roof solar shingles, which Dow Chemical Company has licensed RGS Energy (NASDAQ:RGSE), according to a new article published by Plastics News, a leading publication covering the plastics industry.

The article highlights the progress RGS Energy has made toward UL certification of the next-generation version of the solar shingle, and the ongoing preparation by the company’s supply chain manufacturing partners for the upcoming product launch.

The full article, ‘Supply Chain Partners Ready for Powerhouse Shingles to Shine,’ is available under the ‘RGS In the News’ section at RGSPOWERHOUSE.com or by clicking here.

About Plastics News
Plastics News has the North American Plastics Industry's largest readership, with 45,325 subscribers on average to the weekly publication. 88% readers use Plastics News as their primary source of industry information. Plastics News has a strong global footprint through its international platforms including Plastics News Europe and Plastics News China. For more about the Plastics News, go to www.plasticsnews.com.

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 is the exclusive manufacturer of POWERHOUSE™, an innovative in-roof solar shingle using technology developed by The Dow Chemical Company. RGS Energy also sells, designs and installs solar systems for residential homeowners, commercial businesses, non-profit organizations and government entities. 

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

Follow the company’s progress towards the planned launch this summer of POWERHOUSE™ 3.0 by  visiting the PowerLines news section at RGSPOWERHOUSE.com.

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 Plastics News article this press release refers to 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 RGS Energy’s plans for the commercialization of the POWERHOUSE™ 3.0 solar shingle, 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,”  “may,” “hypothetical,” “will,” “anticipate,” “estimate,” “could,” 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 and timely commercialize POWERHOUSE™ 3.0; the ability to obtain requisite UL 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 its 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 be competitive; the performance of POWERHOUSE™ 3.0 and its ability to generate cost-effective cost-savings to customers; cost and availability of raw materials; competition in the built-in photovoltaic solar system business; [rules, regulations and policies pertaining to electricity pricing and technical interconnection of customer-owned electricity generation such as net energy metering; the continuation and level of government subsidies and incentives for solar energy; the continuation and level of utility and state incentives for solar energy; and changes in general economic, business and political conditions, including tariffs on imported solar cells and changes in the financial markets].

You should read the section entitled “Risk Factors” in our 2017 Annual Report on Form 10-K, which has been filed with the Securities and Exchange Commission, which identify certain of these and additional risks and uncertainties. Any forward-looking statements or forward-looking hypothetical examples made by us in this press release speaks 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 or forward-looking hypothetical example, whether as a result of new information, future developments or otherwise, except as may be required by law.

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.

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