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BAKERSFIELD, Calif., Nov. 20, 2017 /PRNewswire-USNewswire/ -- Cal/OSHA has cited six employers $241,950 for workplace safety and health violations after reports that workers contracted Valley Fever on a solar project construction site in Monterey County.

The employers at the California Flats Solar Project in Cholame Hills were cited for serious violations that included failure to control employee exposure to contaminated dust at the worksite, and failure to provide and ensure use of appropriate respiratory protection. One employer, Papich Construction, Inc., was cited in 2013 for some of the same violations.

"Employers who work in areas endemic to Valley Fever must take preventative measures to protect workers who may be exposed," said Juliann Sum, Chief of Cal/OSHA.

Employers cited include:

Employer

Type

Violation Classification

Proposed Penalties

McCarthy Building Companies, Inc.

General contractor

Serious – 2, General – 2

$46,540

Papich Construction Co., Inc.

Subcontractor

Repeat Serious – 1,

Serious – 1, General – 2

$68,900

Granite Construction Co., Inc.

Subcontractor

Serious – 2, General – 2

$46,590

Sachs Electric Company

Subcontractor

Serious – 2, General – 2

$46,400

Dudek

Subcontractor

Serious – 1, General – 2

$23,620

Althouse and Meade, Inc.

Subcontractor

Serious – 1

$9,900

Valley Fever is caused by a microscopic fungus known as Coccidioides immitis, which lives in the top two to 12 inches of soil in many parts of the state. When soil is disturbed by digging, driving, or high winds, fungal spores can become airborne and may be inhaled by workers. While the fungal spores are more likely to be present in the soils of the Central Valley, they may also be present in other areas of California. Cal/OSHA's Valley Fever informational page provides detailed information with resources for workers and employers.

Tips for reducing the risk of Valley Fever exposure include:

  • Determine if a worksite is in an area where fungal spores are likely to be present.
  • Adopt site plans and work practices that minimize the disturbance of soil and maximize ground cover.
  • Use water, appropriate soil stabilizers, and/or re-vegetation to reduce airborne dust.
  • Limit workers' exposure to outdoor dust in disease-endemic areas by (1) providing air-conditioned cabs for vehicles that generate dust and making sure workers keep windows and vents closed, (2) suspending work during heavy winds, and (3) providing sleeping quarters, if applicable, away from sources of dust.
  • When exposure to dust is unavoidable, provide approved respiratory protection to filter particles.
  • Train supervisors and workers in how to recognize symptoms of Valley Fever and minimize exposure.

Cal/OSHA helps protect workers from safety and health hazards on the job in almost every workplace in California. Employers and workers who have questions or need assistance with workplace health and safety programs can call Cal/OSHA's Consultation Services Branch at 800-963-9424.

Complaints about workplace safety and health hazards can be filed confidentially with Cal/OSHA district offices. Employees with work-related questions or complaints may contact DIR's Call Center in English or Spanish at 844-LABOR-DIR (844-522-6734).

Members of the press may contact Peter Melton or Jeanne-Mairie Duval at (510) 286-1161, and are encouraged to subscribe to get email alerts on DIR's press releases or other departmental updates.

The California Department of Industrial Relations, established in 1927, protects and improves the health, safety and economic well-being of over 18 million wage earners, and helps their employers comply with state labor laws. DIR is housed within the Labor & Workforce Development Agency. For general inquiries, contact DIR's Communications Call Center at 844-LABOR-DIR (844-522-6734) for help in locating the appropriate division or program in our department.


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SOURCE California Department of Industrial Relations, Cal/OSHA

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Facebook’s growing power needs has helped revive a once-abandoned 320 megawatt (MW) wind farm in Nebraska. The company’s new data centre in the state led to the search for clean power sources, and demonstrates how big corporations can boost demand for renewable projects.

The development of the former Rattlesnake Creek plant- to be built between the town of Allen, Emerson and Wakefield, had stalled since 2013 when its original developer, Trade Winds, failed to sign a Power Purchase Agreement (PPA).

The project has since been taken up by Massachusetts-based Enel Green Power North America, a subsidiary of Rome-based Enel, which will reportedly spend $430 million on the wind farm.

According to Enel’s statement, the development of the Rock Creek - the new name of the project - has already started and it is two months ahead of schedule.

Construction is expected to begin this spring, and turbine delivery is set for June 2018.

Facebook will be the main offtaker of the energy produced, as 200MW of the power plant’s output will be used to power its new data centre in Dixon County, which will be located approximately 120 miles from the wind project.

The project will have significant employment benefits for Nebraska, as Enel forecasts the creation of 300 jobs during construction and 16 permanent full-time jobs.

Facebook has acted as one of the principal partners in the revival of the project, aiming to showcase how companies can have access to renewable energy and boost demand for clean energy sources.

The social media giant has set a goal to source at least 50 percent of its  energy needs from renewables by the end of 2018.

Three of its nine data centres around the world in Sweden, Iowa, and Texas are already 100% powered by renewable energy.

Bobby Hollis, Director of Global Energy at Facebook said: “We came together with the Omaha Public Power District, Tradewind Energy, and now, Enel Green Power, to ensure renewable energy solutions are accessible not just to Facebook, but to other companies as well”.

He added: “Today, we are one step closer to our goal of powering all of our operations with clean and renewable energy, and we are grateful to our partners for this collaboration”.

Antonio Cammisecra, Head of Enel Green Power said: “We are thrilled to be able to support Facebook’s growing renewable energy needs in Nebraska and be a part of driving economic development in the region”.

STOCKHOLM, November 20, 2017 /PRNewswire/ --

H&D Wireless, fournisseur suédois de premier plan de services cloud et de plateforme pour l'Internet des objets (IdO) a reçu une subvention de 500 000 couronnes suédoise de l'Agence suédoise pour l'innovation afin d'explorer plus loin les différents besoins des sociétés et les avantages du nouveau GEPS de H&D Wireless, système de localisation en temps réel (RTLS) IdO en intérieur pour les entreprises. Le service a été spécifiquement développé pour le secteur manufacturier comme RTLS de colis de transport réutilisables.

     (Logo: http://mma.prnewswire.com/media/494475/H_and_D_Wireless_Logo.jpg )

La subvention de 500 000 couronnes suédoises (57 000 dollars) de Vinnova, l'Agence suédoise pour l'innovation, s'inscrit dans le programme de recherche et d'innovation de l'UE Horizon 2020.

GEPS for Industry est le nouveau service de localisation en temps réel (RTLS) de H&D Wireless d'IdO en intérieur pour les d'entreprises de colis de transport réutilisables (RTP), développé spécifiquement pour le secteur manufacturier pour préparer la voie vers la numérisation.

« Avec cette subvention de Vinnova, nous allons pouvoir mieux évaluer les différents scénarios d'activité et identifier les avantages commerciaux dans différents flux », a expliqué Pär Bergsten, PDG de H&D Wireless. « Nous savons que GEPS crée des avantages commerciaux et maintenant nous commencerons à travailler pour identifier les engorgements de production des entreprises, mener des études de marché et passer en revue des cas d'utilisateur. Les premières indications ont montré une amélioration de 20-50 pourcent de l'utilisation de l'équipement ainsi qu'un retour sur investissement de 6-12 mois après l'introduction de solutions RTLS. »

La nouvelle solution RTLS a été spécialement développée pour relever les défis en matière de visualisation et de gestion des actifs auxquels est confrontée l'industrie manufacturière mondiale, y compris l'utilisation des actifs, les engorgements de production, les flux de production irréguliers ou encore les arrêts et pannes imprévues des machines. Le système est pré-intégré avec SAP, la plus importante application ERP (progiciel de gestion intégrée) au monde.

Liens utiles :

À propos de H&D Wireless 

À propos de H&D Labs - le centre de conception de l'entreprise

À propos de H&D Wireless: 
H&D Wireless est un fournisseur suédois de système cloud et de plateforme de l'Internet des Objets. Sa plateforme cloud IdO Griffin est une solution de bout en bout contenant des modules sans fil de classe mondiale, des services cloud avec outil d'analyse et des applications d'intelligence artificielle et de smartphone pour les entreprises et les foyers connectés. Depuis 2016, la société propose Griffin Enterprise Positioning System (GEPS ™) comme service cloud pour le positionnement en intérieur d'objets physiques dans les processus des entreprises. H&D Wireless a été fondé en 2009 et compte parmi les sociétés du secteur de l'IdO les plus primées et à la croissance la plus rapide de Suède, avec plus de 1 100 000 produits sans fil expédiés à ce jour pour des solutions IdO M2M à travers le monde.

LA SOURCE H&D Wireless AB

Remember when everyone talked about grid parity?

The term had a mystic connotation. It implied a specific moment in time when renewables would suddenly become cheaper than coal and natural gas -- and when the cost crossover occurred, the electricity system would be transformed into a low-carbon paradise.

The term has fallen out of favor for a couple reasons.

The most obvious one: wind and solar are basically the cheapest resources around. We're already at parity in most regions. That's why America is pretty much only building wind,...

The International Energy Agency (IEA) has published its anticipated World Energy Outlook 2017 report drawing attention to large-scale shifts that form the global energy landscape, including the rapid deployment of clean energy technologies and the growing electrification of energy.

According to the new IEA report, global energy demand is projected to increase by 30 percent until 2040- an increase equivalent to doubling China and India’s energy needs.

Fossil fuels lose influence as low-carbon technologies will take over the lead role in meeting the world’s energy demand.

Renewables play the most pivotal role, as they are expected to meet 40 percent of global energy demand, followed by natural gas.

As shown in the graph below, coal and oil use is forecast to decrease dramatically, both in China and in the rest of the world.  

                                     Source: World Energy Outlook 2017, IEA

The IEA points out that renewable energy technologies have dominated energy capacity additions from 2010 to 2016, and will continue to do so in the years to come.

Solar will become the largest source of renewable energy after rapid deployment of solar PVs, led by China and India, contributes to further cost reductions worldwide. It is predicted that the technology will grow from 39 gigawatts (GW) in average annual additions from 2010-2016 to 74GW from 2017-2040.

Source: World Energy Outlook 2017, IEA

Annual additions of coal are expected to grow to 65GW, but these mainly constitute projects which have already been announced, or are under construction.

In the European Union, renewables are expected to account for 80 percent of new capacity, and wind power will become the main source of electricity after 2030.

Renewable energy sources are not only linked to the power sector, but also to heating and mobility sectors, which  together contribute to the trend of worldwide electrification.

Electricity will be the most rising end-use of energy, accounting for up to 40 percent of energy final consumption by 2040. 

                                                         Source: World Energy Outlook 2017, IEA

The report also sheds light on the power of China in setting worldwide energy trends.

For example, China’s call for an energy revolution, its aggressive policies against air pollution and the shift to a service-based economic model already contribute to the configuration of a new energy model centred around electricity, natural gas, energy efficiency and digital technologies.

However, health impacts of major pollutants are aggravated as premature deaths from outdoor air pollution rise from 3 million in 2017 to more than 4 million in 2040. This is despite policy interventions and anti-pollution technologies.

The IEA projects that under its ‘New Policies Scenario’ CO2 emissions increase slightly by 2040, alarming policymakers to accelerate climate action.

Greenhouse gas emissions are set to increase due to the significant increase in energy demand; yet, the increase would have been greater if it weren’t for the wide deployment of renewable energy sources.

You can access the Executive Summary of the World Energy Outlook 2017 here

NAIROBI, Kenya, November 16, 2017/APO Group/ --

Huge potential, unlimited opportunities – this is how energy experts in the region describe the East African power sector. A required investment of approximately $93 billion per annum needed to address East Africa’s power and infrastructure needs opens up exciting business opportunities for suppliers and solution providers from across the globe.

Future Energy East Africa (www.Future-Energy-EastAfrica.com), with the official support of the Kenyan Ministry of Energy and Petroleum, will once again host many of the region’s leading energy decision makers from 29 – 30 November 2017 at the Safari Park Hotel in Nairobi.
 
Formerly known as the East African Power Industry Convention (EAPIC) the event boasts both a strategic conference and a large trade exhibition which provides a platform for public and private stakeholders to engage in discussions around the future of the East African energy sector, giving stakeholders the opportunity to benchmark their operations, challenges and achievements against their peers and seek suppliers who are looking to gain access to projects across the region.

Leading energy experts and industry suppliers who are excited about the region’s potential and opportunities in the sector that will be at Future Energy East Africa include: “The electricity industry in this region is one of the fastest developing on the continent and Future Energy East Africa presents the perfect opportunity to showcase our products, services and expertise to a key growth market. We have been participating in EAPIC for many years and we are excited to see the event develop after its rebranding as Future Energy East Africa this year.” - Connie Ochola, Regional Marketing Manager, Sub-Saharan Africa, Lucy Electric, returning platinum sponsors. Full interview (http://APO.af/jbrMKH).

“The smart money is on East Africa, Africa’s new economic powerhouse is taking root in Eastern Africa, with Ethiopia and Kenya taking the lead, and Tanzania and Uganda reinforcing this emerging regional cluster of more than 300 million people.” - Lukas Duursema, CEO, Siemens Eastern Africa, platinum sponsors. Read more (http://APO.af/p4Eq9x).

“Energy access related start-ups have been among the most prominent of the start-up scene in the recent years in East Africa. Kenya in particular is a commendable player in the African innovation and entrepreneurship market. The number of start-ups being born and entrepreneurs being developed here reflect this.” - Paras Patel, Investment Manager, Energy Access Ventures, Kenya and part of a panel discussion on the potential of mini grids at Future Energy East Africa. Full interview (http://APO.af/Bds5ge).

“I dream of the day when all our school kids will do their evening homework using electricity. Our main opportunities lie in the upscaling of the production of renewable energy. With the decreasing costs of storage batteries, distributed generation will go a long way in ensuring that all citizens of East Africa have access to clean and reliable energy.” - Mbae Ariel Mutegi, Chief Engineer, Network Audit, Kenya Power and panelist at Future Energy East Africa.  Full interview (http://APO.af/QTXKm1).

“Both generation and distribution of energy in East Africa are markets to watch closely over the near future. Access to energy certainly represents a major opportunity in the region and, in my opinion, solving the issues around making mini-grids economically viable is at the core of unlocking that opportunity. Furthermore, there are few credible players with on-ground experience in this space, which makes it a particularly exciting time to be involved.” - Riccardo Ridolfi, the Head of Business Development for Absolute Energy Capital (AEC) and discussion panellist at Future Energy East Africa. Full interview (http://APO.af/YKKwhR).

Opening session highlights: Wednesday 29 November 2017:

Theme: Mapping the journeys of the future utility 

09:15 Organiser’s welcome
Claire O’Connell, Event Director, Spintelligent, South Africa

09:20 Host Ministry welcome address
Dr Joseph Njoroge, Principal Secretary, Ministry of Energy and Petroleum, Kenya

09:35 Uganda’s roadmap to universal access to affordable, reliable and modern energy services 
Hon. Eng Simon D’Ujanga, Minister of State for Energy and Mineral Development, Uganda

09:50-11:00 What is the vision for the digital utility? - Will there be a new way of running a utility? - How can you combine digital technologies and operations capabilities? - Entirely reimagining the customer experience

Speakers:

  • Kannan Lakmeeharan, Partner, McKinsey & Company, South Africa
  • Johnny Dladla, CEO, Eskom Enterprises, South Africa
  • Johan Helberg, Country Manager, Siemens, Kenya
  • Edouard Héripret General Manager East Africa, Schneider Electric, Kenya
  • Ken Tarus, Managing Director and CEO, Kenya Power, Kenya*
  • Rebecca Miano, Managing Director and CEO, KenGen, Kenya*


11:00-11:30 Inspirational keynote address: Developing East Africa’s future leaders
Prof. Izael Pereira Da Silva, Deputy Vice Chancellor in Charge of Research and Innovation, Strathmore University, Kenya

Free expo highlights include:

Free technical workshops on renewable energy, mini grids, nuclear power and much more. Click here (http://APO.af/68qHdU) for the full programme.
Latest technology and services for the industry – more than 40 local and global exhibitors will showcase their offering on the expo floor. Register here (http://APO.af/dAAVvA).

East Africa’s energy journey:
Future Energy East Africa has been a firm, favourite fixture on the region’s power calendar for the last 19 years and is recognised as being a distinctive gathering of stakeholders within the power value chain which includes governments, power generation companies, transmission and distribution companies, off takers, developers, investors, equipment manufacturers and providers, technology providers, EPCs, legal and consulting firms all with a shared goal of supporting the on-going implementation of finding lasting solutions to East Africa’s energy challenges.

Industry support:
As in previous years of this flagship energy event in the region, Future Energy East Africa has secured impressive industry support, including from Lucy Electric, a leading secondary distribution supplier in the electricity sector, who are returning platinum sponsors. Siemens, a global industry pioneer, are also platinum sponsors. Other sponsors are African Young Generation in Nuclear (AYGN), Maschinenfabrik Reinhausen GmbH and Landis+Gyr.

Future Energy East Africa is organised by Spintelligent, a multi-award-winning Cape Town-based exhibition and conference producer across the continent in the infrastructure, real estate, energy, mining, agriculture and education sectors. Other well-known events by Spintelligent include African Utility Week (www.African-Utility-Week.com), Future Energy Nigeria (formerly WAPIC) (www.Future-Energy-Nigeria.com), Future Energy Central Africa (www.Future-Energy-CentralAfrica.com), Agritech Expo Zambia (www.Agritech-Expo.com), Kenya Mining Forum (www.KenyaMiningForum.com), Nigeria Mining Week (www.NigeriaMiningWeek.com) and DRC Mining Week (www.DRCminingweek.com). Spintelligent is part of the UK-based Clarion Events Group.

CASABLANCA, Morocco, November 16, 2017/APO Group/ --

On November 29 to 1 December 2017, Under the High Patronage of His Majesty King Mohammed VI of Morocco, The ‘Gas Options North and West Africa Summit’ (www.GasOptions-NWAfrica.com) and The ‘Africa Renewable Energy Forum’ (www.Africa-Renewable-Energy-Forum.com) will assemble some of the most active national and international public and private stakeholders to forge partnerships, finalise deals and glean the most important developments taking place in Africa’s energy and power sector.

Travelling to Casablanca to join these high-level discussions, the Forums have confirmed the participation of 5 Ministers of Energy including:

  • Honourable Aziz Rabbah, Minister of Energy, Mines and Sustainable Development, Government of the Kingdom of Morocco
  • H.E. Honourable, Patrick Eyogo Edzang, Minister of Water and Energy, Gabon
  • H.E. Honourable Minister Maliki Alhousseini, Minister of Energy and Water, Mali
  • H.E. Honourable Jorge Seguro Sanches, Secretary of State for Energy, Portugal
  • Hon. William Owuraku Aidoo, Deputy Minister for Power, Ministry of Energy, Ghana
  • H.E. Honourable Senator Tsitsi Muzenda, Deputy Minister of Energy and Power Development, Zimbabwe

With the support and attendance of high level experts from Cheniere, Siemens, Shell, White & Case, Wärtsila, Clarke Energy, Karpowership, DBSA, DLA Piper, ENGIE, Fieldstone Africa, Jinko Solar, ACWA Power and Alfanar, the Gas Options: North and West Africa Summit and the Africa Renewable Energy Forum will collaborate with distinguished experts such as Amina Benkhadra, Director General, National Office of Hydrocarbons and Mines (ONHYM), Leila Farah Mokaddem, Country Manager of Morocco, of the African Development Bank, Marie-Alexandra Veilleux-Laborie, Director, Head of Morocco, European Bank for Reconstruction and Development, Koffi Klousseh, Director of Project Development, at Africa50,  Rafael Huarte, Lázaro, Director, International Gas Union (IGU), and Khalid Berradi, Chief Operations Officer, of OCP Policy Center.

Some of the most pressing topics to be discussed will include, what is the long-term commitment of the private sector in making renewable energy profitable and affordable, What new technologies are promising to change the course of renewable energy development, should Governments and DFIs be developing more guarantee and risk mitigation instruments and the potential of the Gas IPP procurement programme as an anchor for industrial growth.

Alfanar closes the financing for the landmark 50 MW Solar PV IPP project under the feed-in-tariff (FiT) program Round II in Egypt This project will be the first in the row of alfanar current pipeline of 800 MW investment projects spread across Europe, East Africa and South Asia, in both solar and wind technologies JEDDAH, Kingdom of Saudi Arabia, November 7, 2017/APO Group/ -- Alfanar Company (www.alfanar.com) closed last week the financing for the development, construction, ownership and operation of a 50 MW solar PV plant which will be located in the proposed 1.8-GW Benban solar complex in Egypt's Aswan province and which will be supported by Egypt's FiT program. This project will be the first in the row of alfanar current pipeline of 800 MW investment projects spread across Europe, East Africa and South Asia, in both solar and wind technologies. Alfa Solar Company - subsidiary of alfanar group - has signed the facility agreement for $57 million with the European Bank for Reconstruction and Development (EBRD) (www.EBRD.com) and Islamic Corporation for the Development of the Private Sector (ICD) (http://ICD-ps.org) in early October 2017. Mr. Sabah Mohammed Al Mutlaq, Chairman of Alfa Solar and Vice-chairman of Alfanar group, stated: “We are happy to achieve this milestone. We appreciate the trust placed on us by EETC/EBRD/ICD and look forward to delivering the plant in time”. Mr. Jamal Wadi, CEO - Alfanar Energy, said: “It is to the credit of EETC and the various counterparties that we could achieve the financial close in appropriate time. These projects are sort of a testimony to the changing standard in the energy field and can deliver equal if not higher dependable and long term value to countries and developers.”

Mr. Khaled Al-Aboodi, CEO of ICD, added: “ICD is engaged with the financing of this solar project in Egypt as a proof of its commitment to encourage the renewable energy in the member countries. ICD stands ready to work with Alfanar and other investors on further improvements in the business climate for renewable energy, especially under the Government of Egypt’s feed-in-tariff (FiT) renewable energy program.”

Mr. Harry Boyd-Carpenter, EBRD Director, Power and Energy Utilities, commented: “We are delighted to work with Alfanar and to support them in such an important investment. The EBRD has been a firm supporter of renewable energy development in Egypt, providing policy advice, technical assistance and financing. We are very pleased to take another step forward in this area, and to continue our successful cooperation with ICD as well.” The Power Purchase Agreement (“PPA”) for the project was signed with EETC on May 7th 2017. Project will be 100% compliant with the Country's Green Economy Evolution Approach and will support the expansion of renewable energy Generation to meet Egypt’s targets in this area including its Intended Nationally Determined Contribution and will offset 900,000 tons of carbon dioxide (CO2) emissions each year, once operational.

With the launch of this landmark project, Alfanar group is setting pace to deliver newly won renewable projects in Spain (720 MW Wind project), India (50 MW Wind Project) & Kenya (40 MW Solar PV project). Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).

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

About Alfanar Company:
Alfanar Company (www.alfanar.com) established in 1976 and currently is the region's leading player in the Energy sector, its manpower constitutes to 17,000 plus with more than 2,000 engineers, and turnover exceeds $2.15 billion (2016). alfanar Group, activity portfolio covers Integrated Development, Financing, Engineering, Construction, Testing & Commissioning, Technical services, Civil works, MEP works, Operation and Maintenance for Power and Water projects and manufacturing of power electrical equipment with research and development centers globally. As a Saudi based company, alfanar has many companies in Portugal, UAE, Egypt, Qatar, UK, India and Spain.
www.alfanar.com

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

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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. 

Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, is now open.

JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company"), a global leader in the Photovoltaic (PV) industry, announced that as the only Chinese company, it was invited to dialogue at The Business 20 (B20) Summit held in Berlin on May 2-3, 2017.

Enables residential solar asset owners, loan providers, installers, developers, and distributors to truly understand how their PV systems are performing

Locus Energy announced new, advanced hardware flexibility, with an enhanced capability to collect data from on-site aggregators and third-party equipment directly.

IFC, a member of the World Bank Group, and fashion retailer, H&M Hennes & Mauritz (H&M), launched a joint partnership to boost the use of clean, renewable energy in the garment sector, while also slashing greenhouse gas emissions.

Larson Electronics LLC, a leading industrial lighting company, announced the release of a new solar panel kit to be added to its catalog of products.

Once 80 Year Rivals, Poyant Signs partners with Beaumont Solar to meet all industry deadlines

Green Power EMC, the renewable energy supplier for 38 Georgia Electric Membership Corporations (EMCs), and Silicon Ranch, one of the nation's largest independent solar power producers, officially dedicated a 52-Megawatt (MWAC) solar energy plant in Jeff Davis County, Georgia. 

D&B award recognizes Waaree’s Solar Rooftop RESCO PV project solution to Mumbai Metro One Private Ltd (MMOPL). 

Envion AG has created a technology for the first truly mobile data-center that uses low-priced local energy to mine a broad spectrum of cryptocurrencies (Bitcoin, Ethereum, etc.). By harvesting locally available clean energy right at the source, envion can operate at lower costs than competitors and at the same time reduces the CO2 footprint of the blockchain industry. Envion aims at decentralizing the highly-concentrated mining market (China holds 80% in Bitcoin mining) and at bringing control of the market back to the users. That’s why envion gives 100% of its mining profits back to its community.

 

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171117005011/en/

 

Envion - World's Most Profitable Standard of Self-Expanding Crypto Infrastructure (Photo: Business W ...

Envion - World's Most Profitable Standard of Self-Expanding Crypto Infrastructure (Photo: Business Wire)

Current challenges in the energy and blockchain industries

 

The blockchain industry is suffering from an ever-increasing energy demand. This can mainly be explained by the fact that transactions take up high amounts of mostly fossil energy. At the same time, envion sees an ever-increasing production of clean regenerative energy, which frequently gets lost due to maxed out energy grids. This results in locally available excess energy, as solar power plants produce overcapacities. These overcapacities can now efficiently be used by envion’s innovative mobile mining units.

 

Envion’s solutions

 

Envion has developed fully automated (“industry 4.0”), mobile mining units (MMU) inside standardized intermodal shipping containers that can be shipped to virtually any location in the world within days or weeks, decentralizing the blockchain infrastructure. Envion mobile mining units are designed and built to operate at remote locations near energy sources such as solar plants, wind turbines or hydropower plants. This allows envion to make use of energy overcapacities in a profitable setting. The mobility of the MMU furthermore allows for targeted placement of the units at sites requiring thermal energy and can be used for heating. This way, envion recycles energy consumed in the MMU for external heating purposes in buildings or greenhouses and achieves revolutionarily low electricity prices.

 

Envion’s MMUs can be integrated into a smart grid and flexibly move energy demand closer to energy supply and hence, take the burden off the grid.

 

Investment opportunities

 

Envion’s ambitious goal is to have the lowest cost structure in the blockchain mining industry. By combining GPU-based mining with ASIC mining, investors in EVN tokens receive a 161% ROI after administrative deductions, according to envion’s whitepaper. Its unique position as the only truly mobile mining operation combined with a tested, optimized and streamlined technology puts them among the top players, even in this highly competitive market - but with considerably lower risks involved. The key aspect here is that, following a community-approach, 100% of mining profits will directly go to the EVN token holder community. 75% of this will be distributed to token holders on a weekly basis, the remaining 25% will be re-invested in MMUs to keep on growing the profits for the community. The pioneering company does not stop here, however, they construct and operate mobile mining units for third party operations as well. This means that third party investors acquire envion hardware, while 35% of these profits go directly to EVN token holders.

 

Altogether this looks like the best way to invest into the high dividend blockchain industry and at the same time minimize risks as envion is not dependent on a single market player.

 

The investment period (ICO) starts Dec. 1st, 2017. Visit www.envion.org for more information.

 

 

 

 
MULTIMEDIA AVAILABLE :
http://www.businesswire.com/news/home/20171117005011/en/

Intersolar India, a unique platform for the solar industry has been proudly associated with the Indian solar industry since 2009. 

The scope of the project, which will cater to the power needs of the 31-acre campus comprising a 710-bed hospital, 15 laboratories and a diagnostics block, includes complete EPC of the 132-KV substation right from survey, design and engineering to supply, construction and project management

Q2 & H1 of Financial Year 2017-18

13th Nov, 2017

The Country’s largest power generator - NTPC Ltd. having installed capacity of 51708 MW declared the financial results for the second quarter and half-year of financial year 2017-18.

For H1 FY2017-18, NTPC Ltd. generated 129.457 Billion Units against 125.148 Billion Units generated in the corresponding period of the previous year, an increase of 3.44%, represented by 4.309 Billion Units. For the H1 FY2017-18, NTPC Coal stations achieved PLF of 77.81% as against National PLF of 59.97%.

On half-year basis, the Total Income of Rs. 40,502.28 crore for H1 FY 2017-18 showed an increase of 4.36% against the Total Income of Rs. 38,809.36 crore reported for the previous corresponding period. For H1 FY 2017-18, Profit before Tax is Rs. 6,688.15 crore as compared to Rs. 6,297.41 crore declared in the corresponding period of previous year registering an increase of over 6%. The Profit after Tax for H1 FY 2017-18 is Rs. 5,056.77 crore compared to Rs. 4,836.60 crore declared in the corresponding period of previous year registering an increase of over 4%.

The Total Income for the Q2 FY 2017-18 is Rs. 19,960.35 crore as against the Total Income of Rs. 19,588.56 crore in the Q2 FY 2016-17, registering an increase of 1.90%. For Q2 FY 2017-18, Profit before Tax is Rs. 3,222.77 crore and the Profit after Tax is Rs. 2,438.60 crore.


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NTPC Family Members Extend all Possible Assistance for Unchahar

08th Nov, 2017

Airlifting of the injured for the best available medical treatment, donating blood to patients and helping the victims with the physical presence of employees, NTPC family is extending all possible support to those affected by the accident that took place in NTPC- Unchahar on November 1, 2017.

NTPC has extensively used 13 trips of air ambulances and 2 trips of Indian Air Force planes to take the injured to Delhi at the best of the treatment available in the country . For speedy road transportation of the victims, green corridors were created 24 times for evacuation of patients from the crowded areas of Lucknow city.

In this hour of crisis state Government and district administration and their staff fully supported NTPC in rehabilitating the accident victims in the shortest possible time, be it in transporting the patients, creating green corridors and also in airlifting the patients to Delhi.

Over 200 NTPC family members from Lucknow, Unchahar and Delhi have voluntarily made themselves available round the clock for deployment at hospitals, control rooms and looking after patients & families of those affected. These control rooms are working round the clock. All hospitals are also provided with 24 hr help desks in order to exclusively cater to helping the patients.

Thirty six NTPC employees have donated blood as required at [Apollo 24, AIIMS 5 , RML 3 and SGPGI 4] various hospitals in Delhi and Lucknow.

NTPC is taking help of specialist doctors and para medical staff to help in speedy recovery of those in hospitals. NTPC doctors are also associating in the efforts for all-round coordination.

Family members of those under treatment have been accommodated in NTPC guest houses and vehicles for transport have been provided to them.

At NTPC Human Capital is precious in terms of both sensitivity and productivity and gets priority above and over anything in the organization.


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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

On the 2nd Anniversary of Ujwal DISCOM Assurance Yojana (UDAY) today, the Government of India signed four Memorandum of Understanding (MoU) under the Scheme with the State of Nagaland and with Union Territories (UTs) of Andaman & Nicobar Islands, Dadra & Nagar Haveli & Daman & Diu for operational improvements. These State/UTs have joined only for operational improvement and shall not undergo financial restructuring/issue of bonds under the scheme. With the above, UDAY club has now grown to 27 states and 4 UTs.

 

An overall net benefit of approximately Rs. 551 crores, Rs. 18 crores, Rs. 13 crores and Rs. 10 crores respectively would accrue to the State of Nagaland & UTs of Andaman & Nicobar, Dadra & Nagar Haveli and Daman & Diu by opting to participate in UDAY, by way of cheaper funds for capex, reduction in AT&C and Transmission losses, interventions in energy efficiency, etc. during the period of turnaround.

 

The MoU paves way for improving operational efficiency of the Electricity Departments/DISCOM of the State/Union Territory. Through compulsory distribution transformer metering, consumer indexing & GIS mapping of losses, upgrade/change transformers, meters etc., smart metering of high-end consumers, feeder audit etc. AT&C losses and transmission losses would be brought down, besides eliminating the gap between cost of supply of power and realisation.

 

While efforts will be made by the States/UTs to improve their operational efficiency, and thereby reduce the cost of supply of power, the Central Government would also provide incentives to the State/UTs for improving power infrastructure and for further lowering the cost of power. The Central schemes such as Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), Integrated Power Development Scheme (IPDS), Power Sector Development Fund or such other schemes of Ministry of Power (MoP) and Ministry of New & Renewable Energy (MNRE) are already providing funds for improving power infrastructure and additional/priority funding would be considered under these schemes, if the State/UTs meets the operational milestones outlined in the scheme.

 

Demand Side interventions in UDAY such as usage of energy-efficient LED bulbs, agricultural pumps, fans & air-conditioners and efficient industrial equipment through PAT (Perform, Achieve, Trade) would help in reducing peak load, flatten load curve and thus help in reducing energy consumption in the State/UTs. Further, with improved efficiency, they would be in a better position to fund their capex at cheaper rates for Power infrastructure development/improvement in the State/UTs.

 

The ultimate benefit of signing the MOU would go to the people of these state/UTs. Reduced levels of AT&C losses would mean lesser cost per unit of electricity to consumers. Further, an operationally healthy DISCOM/Electricity Department would be in a position to supply more power. The scheme would also allow speedy availability of cheaper power to households in the State/UTs that are still without electricity. Availability of 24*7 cheaper, round the clock power would boost the economy, promote industries/tourism, thereby improving employment opportunities for the people of these State/UTs.

 

*****

RM/VM

A Guarantee Agreement for IBRD/CTF loan of USD 98 million and Grant Agreement for USD 2 million for the “Shared Infrastructure for Solar Parks Project” was signed with the World Bank here today by Mr Sameer Kumar Khare, Joint Secretary (MI), Department of Economic Affairs on behalf of Government of India, and Mr Hisham A. Abdo, Acting Country Director, World Bank India, on behalf of the World Bank. A Loan Agreement was also signed by Mr K S Popli, Chairman and Managing Director, India Renewable Energy Development Agency Ltd. (IREDA) and Mr Hisham A. Abdo, Acting Country Director, World Bank India, on behalf of the World Bank. 

The project consists of two components viz. (i) Shared Infrastructure for Solar Parks (estimated total project cost of USD 100 million, including USD 75 million in IBRD loan and USD 23 million in CTF Loan) and (ii) Technical Assistance (USD 2 million in CTF Grant). 

The objective of the project is to increase solar generation capacity through establishment of large-scale parks in the country. The project will help establish large-scale solar parks and support the government’s plan to install 100 Gigawatts (GW) of solar power out of a total renewable-energy target of 175 GW by 2022.

*****

DSM/SBS/KA

The second annual conclave of Foreign Defence Attaches, jointly organised by Headquarters Integrated Defence Staff (HQ IDS) and defence portal BharatShakti.in, will be held at Manekshaw Centre in Delhi Cantonment between 930 hrs and 1430 hrs on November 20, 2017. Raksha Rajya Mantri Dr Subhash Bhamre is expected to address the inaugural function.

This will be followed by three technical sessions titled ‘Is India ready to absorb High-End Technology’, ‘Defence Exports: The Indian Experience’ and ‘Defence Technology and Models Abroad’.

It is expected to be attended by over 60 Foreign Defence Attaches, stalwarts of Indian public and private sector defence companies besides representatives of Foreign Original Equipment Manufacturers (OEMs). It will also hold a small exhibition of Indian defence products. The conclave, second in the series that began in 2016, is designed to facilitate productive engagement between users in foreign countries, defence stakeholders and analysts.

Among the speakers are representatives of Indian companies like Solar, Zen, Mazagon Docks, Ordnance Factories Board (OFB), Larsen & Toubro Defence, Tata Advance Systems, Bharat Forge and Foreign OEMs like Boeing, SAAB, Thales and BAE.

The valedictory address will be delivered by Chief of Integrated Defence Staff to the Chairman Chiefs of Staff Committee (CISC) Lt General Satish Dua.

NA/DK

The Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organised a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ on 16th November 2017 at the India Pavilion at Conference of Parties (CoP) 23, Bonn, Germany.

Reaffirming India’s resolution to go ahead with the set agenda with determination and clarity, Shri C.K. Mishra, Secretary, Ministry of Environment, Forests and Climate Change, Government of India, said that India has been pursuing its goals of setting up renewable energy capacities and changing its energy mix, and will continue to do so to provide equitable sustainable development.

Speaking about the Government’s interventions, Dr. P.C. Maithani, Adviser, MNRE said that policies are being drafted on a continuous basis to address challenges as the market evolves. Giving examples of how the question is no longer about availability of finances but that of cheap finances, Shri K.S. Popli, CMD, Indian Renewable Energy Development Agency Limited (IREDA) said that the markets have matured and one indicator of that is seen in how the bond markets have progressed.

Dr. Ajay Mathur, DG, The Energy and Resources Institute (TERI) stressed upon the need to push for higher research in storage technology which could compliment the infirm renewable power. There is an imminent need to look at bringing down storage costs, he added.

India’s renewable energy journey has come a long way since it set its ambitious target of 175 GW by 2022. Prices of solar and wind have dramatically reduced to 3-4 cents per Kwh as against 9-12 per unit in 2013, even as capacities have scaled up to 47.5 GW. Policymakers and industry are now confident of accelerating this growth trajectory to provide electricity, along with storage, at an estimated Rs 5 per unit before 2025.

Explaining the scope of the renewables market, Shri Rahul Munjal, MD, Hero Futures Energy said that there has been an exponential expansion of the industry, with almost 10,000 firms operating in the ecosystem. This is a result of the market being conducive to business and investments. Echoing a similar thought and projecting high optimism, Shri Rajiv Ranjan Mishra, MD, CLP India said that renewables are becoming more an imperative for economies like India which have to reach power to large sections of the people. Shri Ratul Puri, Chairman, Hindustan Power Projects Pvt Ltd (HPPPL) highlighted the need to make power available at affordable rates and said that Indian industry is working towards achieving that goal.

The panel also included Mr Frank Determann, Principal Project Manager, KfW Development Bank; Shri Reji Pillai of India Smart Grid Forum, among others.

*****

RM/VM

The Minister of Commerce and Industry, Shri Suresh Prabhu is on a visit to Russia from November 15-17, to participate in the Shanghai Cooperation Organization Meeting of the Ministers of Member States responsible for Foreign Economic and Foreign Trade. The Minister of Commerce and Industry is also holding bilateral meetings during his visit. This is the first Ministerial Conference on Trade organized by the Shanghai Cooperation Organization after India became a full member of the Organization in June 2017. This is also Shri Prabhu’s first visit to Russia as Minister of Commerce and Industry.

During his visit, the Minister of Commerce and Industry met the Member of Board (Minister) for Trade of the Eurasian Economic Commission (EaEC), Ms. Veronika Nikishina on November 15 and discussed early start of negotiations of the Free Trade Agreement between India and the Eurasian Economic Commission, as well as the potential and opportunities for increasing trade cooperation.

On November 16 Shri Prabhu participated in a Round Table interaction with 30 of Russia’s leading business leaders. The companies that attended the Round Table were leaders in steel, engineering goods, railways, financial services, nuclear energy, agriculture, Venture Capitalists and trade promotion. The Minister told the gathering about the new initiatives of the Government of India, particularly with regard to ease of doing business, priority areas like financing in the nuclear energy sector, natural gas, railways, organizing Trade Fairs, agro-marketing etc. The business leaders participated enthusiastically in the discussion to strengthen bilateral economic cooperation between India and Russia. The Minister of Commerce and Industry invited the businessmen to take part in the Partnership Summit, in Vizag in India from 24-26 February 2018.

The Minister of Commerce and Industry also met the Minister for Economic Development of the Russian Federation, Mr. Maxim Oreshkin on November 16 and discussed the current level of bilateral trade between India and Russia and ways for its enhancement. They also discussed opportunities that the fast growing economy of India provides for doing business, particularly in the field of manufacturing. Earlier in day, Shri Prabhu also met the President of Skolkovo Foundation and Renova Group, Mr. Viktor Vekselberg and discussed production of solar panels, bottled Baikal water and renewable energy production.

The Minister will separately address a gathering of Russian Small and Medium Enterprises and a select group of Russian investors at Delovaya Russia today. He will also meet his other Russian counterpart, the Minister of Industry & Trade of the Russian Federation, Mr. Dennis Manturov. The discussions are likely to included ways to strengthen India- Russia Investment and collaboration in creating Joint Ventures under the Make in India initiative of the Government of India.

NW

In order to combat the growth of green house gas emission, the world is fast moving to the increased use of renewable energy sources.  However, there is increased concern that high penetration of renewable energy can cause disruptions in the existing power network due to their intermittent nature.  Technology solutions are, therefore, needed to address the challenges related to development design, integration, operation and management of grids which allows use of upto 100 percent renewable energy.

            Mission Innovation challenge on Smart Grids is collectively working to enable future smart grids powered by renewables.  20 participating countries with India, Italy and China as Co-lead are working together to realise this aspiration.  An international workshop is being organised during 16-19th November, 2017 at New Delhi to define research priorities and develop action plan for time bound action for realisation of these objectives. 

The Technical meeting of the event was inaugurated by Secretary-DST on 16th November, 2017 in presence of several dignitaries including Directors of IIT-Delhi and IIT-Roorkee. The participating countries Australia, China, Denmark, European Commission, Finland, India, Italy, Saudi Arabia, Sweden, United States of America , United Kingdom will present the status on smart grids.  With this background, the participants will deliberate on research needs and potential for collaboration in the domains of regional grids, distribution grids, micro-grids and cross innovations.  The modalities for greater private sector participation and enabling mechanisms will also be discussed besides incentivising the performing research activities.  The participating countries will resolve on future action plan and finalise technical contours of the Mission Innovation. A panel discussion with industrial experts is also planned.    

The Public Workshop of the event will be held on 18th November, 2017 where the outcomes of brainstorming session would be disseminated to the larger stake holder forum.   The Minister of State for Science, Technology and Earth Sciences, Shri Y.S.Chowdary, and Minister for Power, Shri R.K.Singh will inaugurate the exhibition showcasing achievements of industrial as well as R&D communities in the area.  Both the Ministers will share their perspectives on the topic and will be supplemented by representatives from Co-lead countries as well as Directors of IITs (Delhi, Kanpur and Roorkee). 

A Report on “Mission Innovation Smart Grids” activities, strategies and vision will also be released.  India’s collaborative programmes with United States and United Kingdom on the theme will also be formally launched.  The Forum will adopt New Delhi Declaration and as an initial step in this direction, collaboration agreement between RSC Italy and IIT-Roorkee, India will be signed.

***

RDS/nb 

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

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

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

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

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

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

BAKERSFIELD, Calif., Nov. 20, 2017 /PRNewswire-USNewswire/ -- Cal/OSHA has cited six employers $241,950 for workplace safety and health violations after reports that workers contracted Valley Fever on a solar project construction site in Monterey County.

The employers at the California Flats Solar Project in Cholame Hills were cited for serious violations that included failure to control employee exposure to contaminated dust at the worksite, and failure to provide and ensure use of appropriate respiratory protection. One employer, Papich Construction, Inc., was cited in 2013 for some of the same violations.

"Employers who work in areas endemic to Valley Fever must take preventative measures to protect workers who may be exposed," said Juliann Sum, Chief of Cal/OSHA.

Employers cited include:

Employer

Type

Violation Classification

Proposed Penalties

McCarthy Building Companies, Inc.

General contractor

Serious – 2, General – 2

$46,540

Papich Construction Co., Inc.

Subcontractor

Repeat Serious – 1,

Serious – 1, General – 2

$68,900

Granite Construction Co., Inc.

Subcontractor

Serious – 2, General – 2

$46,590

Sachs Electric Company

Subcontractor

Serious – 2, General – 2

$46,400

Dudek

Subcontractor

Serious – 1, General – 2

$23,620

Althouse and Meade, Inc.

Subcontractor

Serious – 1

$9,900

Valley Fever is caused by a microscopic fungus known as Coccidioides immitis, which lives in the top two to 12 inches of soil in many parts of the state. When soil is disturbed by digging, driving, or high winds, fungal spores can become airborne and may be inhaled by workers. While the fungal spores are more likely to be present in the soils of the Central Valley, they may also be present in other areas of California. Cal/OSHA's Valley Fever informational page provides detailed information with resources for workers and employers.

Tips for reducing the risk of Valley Fever exposure include:

  • Determine if a worksite is in an area where fungal spores are likely to be present.
  • Adopt site plans and work practices that minimize the disturbance of soil and maximize ground cover.
  • Use water, appropriate soil stabilizers, and/or re-vegetation to reduce airborne dust.
  • Limit workers' exposure to outdoor dust in disease-endemic areas by (1) providing air-conditioned cabs for vehicles that generate dust and making sure workers keep windows and vents closed, (2) suspending work during heavy winds, and (3) providing sleeping quarters, if applicable, away from sources of dust.
  • When exposure to dust is unavoidable, provide approved respiratory protection to filter particles.
  • Train supervisors and workers in how to recognize symptoms of Valley Fever and minimize exposure.

Cal/OSHA helps protect workers from safety and health hazards on the job in almost every workplace in California. Employers and workers who have questions or need assistance with workplace health and safety programs can call Cal/OSHA's Consultation Services Branch at 800-963-9424.

Complaints about workplace safety and health hazards can be filed confidentially with Cal/OSHA district offices. Employees with work-related questions or complaints may contact DIR's Call Center in English or Spanish at 844-LABOR-DIR (844-522-6734).

Members of the press may contact Peter Melton or Jeanne-Mairie Duval at (510) 286-1161, and are encouraged to subscribe to get email alerts on DIR's press releases or other departmental updates.

The California Department of Industrial Relations, established in 1927, protects and improves the health, safety and economic well-being of over 18 million wage earners, and helps their employers comply with state labor laws. DIR is housed within the Labor & Workforce Development Agency. For general inquiries, contact DIR's Communications Call Center at 844-LABOR-DIR (844-522-6734) for help in locating the appropriate division or program in our department.


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View original content:http://www.prnewswire.com/news-releases/calosha-cites-six-employers-over-240000-for-exposing-workers-to-valley-fever-300559637.html

SOURCE California Department of Industrial Relations, Cal/OSHA

Related Links

http://www.dir.ca.gov/

STOCKHOLM, November 20, 2017 /PRNewswire/ --

H&D Wireless, fournisseur suédois de premier plan de services cloud et de plateforme pour l'Internet des objets (IdO) a reçu une subvention de 500 000 couronnes suédoise de l'Agence suédoise pour l'innovation afin d'explorer plus loin les différents besoins des sociétés et les avantages du nouveau GEPS de H&D Wireless, système de localisation en temps réel (RTLS) IdO en intérieur pour les entreprises. Le service a été spécifiquement développé pour le secteur manufacturier comme RTLS de colis de transport réutilisables.

     (Logo: http://mma.prnewswire.com/media/494475/H_and_D_Wireless_Logo.jpg )

La subvention de 500 000 couronnes suédoises (57 000 dollars) de Vinnova, l'Agence suédoise pour l'innovation, s'inscrit dans le programme de recherche et d'innovation de l'UE Horizon 2020.

GEPS for Industry est le nouveau service de localisation en temps réel (RTLS) de H&D Wireless d'IdO en intérieur pour les d'entreprises de colis de transport réutilisables (RTP), développé spécifiquement pour le secteur manufacturier pour préparer la voie vers la numérisation.

« Avec cette subvention de Vinnova, nous allons pouvoir mieux évaluer les différents scénarios d'activité et identifier les avantages commerciaux dans différents flux », a expliqué Pär Bergsten, PDG de H&D Wireless. « Nous savons que GEPS crée des avantages commerciaux et maintenant nous commencerons à travailler pour identifier les engorgements de production des entreprises, mener des études de marché et passer en revue des cas d'utilisateur. Les premières indications ont montré une amélioration de 20-50 pourcent de l'utilisation de l'équipement ainsi qu'un retour sur investissement de 6-12 mois après l'introduction de solutions RTLS. »

La nouvelle solution RTLS a été spécialement développée pour relever les défis en matière de visualisation et de gestion des actifs auxquels est confrontée l'industrie manufacturière mondiale, y compris l'utilisation des actifs, les engorgements de production, les flux de production irréguliers ou encore les arrêts et pannes imprévues des machines. Le système est pré-intégré avec SAP, la plus importante application ERP (progiciel de gestion intégrée) au monde.

Liens utiles :

À propos de H&D Wireless 

À propos de H&D Labs - le centre de conception de l'entreprise

À propos de H&D Wireless: 
H&D Wireless est un fournisseur suédois de système cloud et de plateforme de l'Internet des Objets. Sa plateforme cloud IdO Griffin est une solution de bout en bout contenant des modules sans fil de classe mondiale, des services cloud avec outil d'analyse et des applications d'intelligence artificielle et de smartphone pour les entreprises et les foyers connectés. Depuis 2016, la société propose Griffin Enterprise Positioning System (GEPS ™) comme service cloud pour le positionnement en intérieur d'objets physiques dans les processus des entreprises. H&D Wireless a été fondé en 2009 et compte parmi les sociétés du secteur de l'IdO les plus primées et à la croissance la plus rapide de Suède, avec plus de 1 100 000 produits sans fil expédiés à ce jour pour des solutions IdO M2M à travers le monde.

LA SOURCE H&D Wireless AB

Remember when everyone talked about grid parity?

The term had a mystic connotation. It implied a specific moment in time when renewables would suddenly become cheaper than coal and natural gas -- and when the cost crossover occurred, the electricity system would be transformed into a low-carbon paradise.

The term has fallen out of favor for a couple reasons.

The most obvious one: wind and solar are basically the cheapest resources around. We're already at parity in most regions. That's why America is pretty much only building wind,...

DUBLIN--(BUSINESS WIRE)--The "Developments in Solar Energy, Energy Storage, Tidal Energy, and Power Transmission" report has been added to Research and Markets' offering.

This edition of the Energy and Power Systems TOE provides insights on the latest advances in technologies related to the energy industry. This TOE focusses on advancements in solar energy, energy storage, tidal energy, and power transmission. It emphasizes on innovations in easy deployable solar panels, battery technologies using non-toxic materials, and developments in hydrokinetic turbines for tidal energy applications. The TOE also provides recent developments in power transmission equipment and passive solar components.

The Energy and Power Systems (EPS) TechVision Opportunity Engine (TOE) provides insights on the latest advances in the broad range of technology related to the energy industry. The topics regularly presented range from energy storage technologies (solid state batteries, solar chemical storage and other advanced energy storage devices) to non-renewable energy such as oil and gas. Special emphasis is given to emerging areas in the renewable sector such as photovoltaics, wind energy, and geothermal energy, and emerging alternative fuels such as hydrogen, syngas, ethanol and biofuels. The EPS TOE keeps clients abreast of the latest R&D developments at major corporate and academic research centers, provides competitor intelligence and helps create strategic alliances.

Key Topics Covered:

  1. Innovations in Solar Energy, Energy Storage, Tidal Energy, Power Transmission
  2. Roll-out Solar Panel System for Quick Deployment
  3. Novel Solutions for Battery Chemistry Using Common Salt
  4. Hydrokinetic Turbines for River and Tidal Flows
  5. Air-based Battery for Favorable Economics of Renewable Energy
  6. Generation of Hydrogen Gas From Tidal Energy
  7. Tapping Wave Energy Using Flower-like Energy Turbines
  8. Medium Voltage Direct Current System for Long Distance Power Lines
  9. Mimicking Butterfly Wings For Improved Efficiencies In Solar Cells
  10. Modifying Ordinary Glass Surfaces into Passive Solar Components
  11. Prospects of Utilizing Magnesium in Rechargeable Batteries
  12. Key Contacts

For more information about this report visit https://www.researchandmarkets.com/research/2csdq6/developments_in

CHARLOTTE, N.C.--(BUSINESS WIRE)--Braggawatt Energy, a financing provider enabling small and medium-sized enterprises’ (SMEs) adoption of cost-saving onsite energy solutions, today announced that solar industry veteran Nathan (Kii) Miller, P.E. has joined the team as Chief Operating Officer. With more than 17 years of solar industry experience, Mr. Miller will help streamline project underwriting and realization processes to scale Braggawatt’s financing provision. Following strong platform adoption since launch in July 2017, Braggawatt has released new features to support its user network of solar providers who rely on Braggawatt to realize their SME projects.

“Kii’s strong industry track-record and commercial expertise, combined with his engineering know-how and innovative approach, will foster operational excellence as our offering scales to meet large market demand,” said Trey Ramsey, Braggawatt CEO and co-founder. “We are excited to have Kii join us in disrupting how distributed energy projects are originated, underwritten, financed and implemented,” added Oleg Popovsky, Braggawatt CCO and co-founder.

Braggawatt’s free-to-use online platform is enabling solar projects through its loan and PPA financing options. Over the past three months, more than 60 solar installation companies across more than 10 states have joined the platform and have created proposals for more than 100 SME clients, offering to unlock $130 million in energy cost-savings.

To enhance support for Braggawatt’s platform users, new features have recently been added based on user feedback and platform analytics. These features include interactive chatbots, an FAQ section, step-by-step platform guidance and phone support.

As the team and user base grows, Braggawatt will continue to connect solar providers with fast, transparent financing solutions to best serve the SME market.

About Braggawatt

Braggawatt is a distributed energy fintech platform that connects solar providers with smart financing options to enable small and medium-sized enterprises’ access to immediate and long-term cost savings and secure superior, risk-adjusted returns for investors. Braggawatt’s platform and financing process are free to use and built to enhance value integration across the distributed energy ecosystem to simplify customers’ adoption in the shift towards a decentralized energy economy.

MOUNTAIN VIEW, Calif., Nov. 20, 2017 /PRNewswire/ --

Highlights:

  • Support for configuring and running multiple optical simulations improves the efficiency of analyses for a range of automotive lighting functions, from high and low beams to signal lighting
  • A ray history sensor feature added to the Luminance Camera Sensor reduces design iterations needed to meet lit appearance and regulatory requirements
  • The Light Guide Design Module offers expanded capabilities for constructing and optimizing automotive light guides and their extraction features
  • Extended platform support includes CATIA V5 R24 and R25

Synopsys, Inc. (Nasdaq: SNPS) today announced the latest release of its LucidShape® CAA V5 Based software product, which allows designers to perform optical simulations and analyses of automotive lighting products within the CATIA V5 environment. LucidShape CAA V5 Based version 2017.09, now available, gives designers the flexibility to simulate multiple lighting functions and optical design variations in the same part or product. This can substantially speed optical analyses and the exploration of design solutions. Other enhancements support efficient troubleshooting of signal lighting optical systems and expand the tool set for constructing and optimizing automotive light guides.

Leverage Powerful LucidShape Optical Simulations in CATIA V5

LucidShape CAA V5 Based supports fast, accurate simulations of automotive lighting part-level models and product-level assemblies, providing the most comprehensive CATIA-based optical simulations available. The simulation functionality has been enhanced to support the definition of multiple simulation configurations, allowing designers to specify which sources, actors and sensors participate in each simulation. This makes it easy to analyze different lighting functions, such as low and high beams and signal lighting functions, without having to manually reconfigure the model between simulations.

In addition, the new release includes the ability to run all active simulations that are defined in a model. This enables designers to schedule multiple simulations to run one after the other, without the need for intermediate input, resulting in substantial time savings.

Perform Rapid, High-Accuracy Luminance Calculations

The Luminance Camera Sensor feature performs rapid, high-accuracy luminance calculations and generates luminance images at multiple viewing directions for analyzing lit images of light guides, tail lights, reverse lights, stop lights, turn signal lights and retro-reflectors. The Luminance Camera Sensor now includes a ray history sensor feature to restore ray paths that correspond to a specified region on a luminance camera image. The ray history sensor feature supports efficient troubleshooting of signal lighting optical systems by correlating regions in the luminance image with specific ray paths and optical surfaces. This significantly reduces the number of design iterations needed to achieve lit appearance requirements and regulatory compliance.

Expanded Light Guide Construction and Optimization

The Light Guide Designer, previously released as a beta feature, has been expanded and renamed the Light Guide Design Module. The module helps automate the construction, analysis and optimization of automotive light guides and their extraction features to improve light output. The following capabilities have been added:

  • New shape types that provide more versatile styling opportunities: circle with flat, partial ellipse, square, rectangle, keyhole and user profile
  • Support for scaling and rotated profiles
  • Option for specifying prisms as oriented inward or outward
  • Enhanced exit surface construction
  • Dual optimization mode and optimization support for tapered light guides
  • Die pull direction support

Extended Platform Support

LucidShape CAA V5 Based supports CATIA V5 R24 and R25. R25 support is new in this release.

"Automotive illumination systems are important product differentiators, and the LucidShape CAA V5 Based tool offers CATIA users access to powerful LucidShape features to simulate and deliver superior lighting optics," said George Bayz, vice president of Synopsys' Optical Solutions Group. "The new capabilities in version 2017.09 give designers greater freedom to develop innovative light guide design concepts and stylings, as well as expanded control over optical analyses to quickly pinpoint and validate design performance changes."

To learn more about LucidShape CAA V5 Based, visit https://www.synopsys.com/optical-solutions/lucidshape/caa-v5-based.html.

About Synopsys LucidShape Products

Synopsys' LucidShape products provide a complete set of design, simulation and analysis tools for automotive lighting. With dedicated algorithms tailored for automotive applications, LucidShape software facilitates the design of automotive forward, rear and signal lighting reflectors and lenses. In addition, the LucidDrive® tool provides the ability to perform virtual night-driving simulations that generate realistic lighting scenes in real time, which allows designers to quickly and accurately evaluate beam patterns for exterior automotive lighting applications on the road, traffic signs and surroundings prior to expensive fabrication and testing. For more information, visit https://www.synopsys.com/optical-solutions/lucidshape.html.

Synopsys Automotive: Enabling Safe, Secure, Smarter Cars – from Silicon to Software

Customers across the automotive supply chain use Synopsys' Silicon to Software solutions to develop ICs and software for infotainment, ADAS, V2X and autonomous driving applications. Synopsys' portfolio of automotive-specific IC design tools, automotive-grade IP and automotive software cybersecurity and quality solutions accelerate time to market and enable the next generation of safe, secure and smarter connected cars. Learn more at https://www.synopsys.com/automotive.

About Synopsys

Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software partner for innovative companies developing the electronic products and software applications we rely on every day. As the world's 15th largest software company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and is also growing its leadership in software security and quality solutions. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing applications that require the highest security and quality, Synopsys has the solutions needed to deliver innovative, high-quality, secure products. Learn more at www.synopsys.com.

Editorial Contact:
James Watts
Synopsys, Inc.
650-584-1625 
This email address is being protected from spambots. You need JavaScript enabled to view it.

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SOURCE Synopsys, Inc.

Related Links

http://www.synopsys.com

SHANGHAI, Nov. 15, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the solar PV industry, today announced that all shareholders resolutions proposed at the Company's 2017 annual general meeting held today were duly passed. Specifically, the shareholders passed the following resolutions approving:

  1. The re-election of Mr. Longgen Zhang as a director of the Company;
  2. The re-election of Mr. Yingqiu Liu as a director of the Company;
  3. The ratification of the appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors of the Company for the fiscal year of 2017;
  4. The authorization of the directors of the Company to determine the remuneration of the auditors; and
  5. The authorization of each of the directors of the Company to take any and all action that might be necessary to effect the forgoing resolutions 1 to 4 as such director, in his or her absolute discretion, thinks fit.

About JinkoSolar Holding Co., Ltd.

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

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

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

Safe Harbor Statement

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

For investor and media inquiries, please contact:

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

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

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

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SOURCE JinkoSolar Holding Co., Ltd.

SHANGHAI, Nov. 8, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd.(NYSE: JKS) ("JinkoSolar" or the "Company"), a global leader in the photovoltaic (PV) industry attended the 19th China International Industry Fair (CIIF) that opened in Shanghai today. JinkoSolar, as the world's largest solar module producer, showcased a suite of "Intelligent Manufacturing" innovations including MES system, smart devices, facility monitoring, smart factory, robotic workstations, quality traceability capabilities, and many more. At CIIF, JinkoSolar also announced that it has broken its own world record for P-type monocrystalline PERC solar cell efficiency by achieving that of 23.45%. The record was independently validated by the Chinese Academy of Sciences' Photovoltaic and Wind Power System Quality Test Center. This new achievement eclipses JinkoSolar's world record breaking P-Type monocrystalline PERC solar cell efficiency of 22.78% that was achieved just last month in October. JinkoSolar's previous successes clearly did not stop the company's pursuit of further excellence.

Closely adhering to the principles of Industry 4.0 and "Made in China 2025", JinkoSolar introduced new applications of cutting-edge technology such as IoT devices, intelligent mobile devices, and mobile robots to its manufacturing process. The innovative applications allows JinkoSolar to consolidate data collection, enable yield traceability, improve workflow efficiency, and optimize material transportation, which ultimately allows the company to continuously enhance its fab operating efficiency. Following through with its commitment to manufacturing excellence, JinkoSolar has further integrated functions such as advanced data analytics, smart diagnostics, self-reporting, and precise forecasting, with its operational know-how. The integration has revolutionized JinkoSolar's fab operations from "Automated" to "Intelligent", allowing the company to achieve greater efficiency, flexibility and quality, maximize cost effectiveness, and accelerate overall innovation.

Through agile and intelligent operations, JinkoSolar continues its drive towards manufacturing excellence. The company's sophisticated agile operation system has integrated demand and capacity modeling, lean manufacturing, and lot dispatching and scheduling to provide short cycle time, stable manufacturing and on-time delivery. The system also provides greater flexibility to quickly support customers' urgent pull-in requests.

"World records have been shattered again and again at JinkoSolar as the company has broken five world records in cell and module efficiency just this year. Now with assistance of intelligent manufacturing, we can translate these world record learnings into mass production, which will undoubtedly make a big splash in the market.' commented Kangping Chen, CEO of JinkoSolar," As the world's largest solar PV company, JinkoSolar has mastered its physical production processes and products. However, JinkoSolar has not stopped pioneering evident in the successful development and implementation of its own digitalization strategy. Effective introduction and implementation of smart manufacturing will help JinkoSolar further improve its production flows. Excellent technological know-how, manufacturing capacity, and customer loyalty that build on them are the foundation of JinkoSolar current success. Data-driven innovations will be the foundation of its future success."

For investor and media inquiries, please contact:

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.

KUALA LUMPUR, Malaysia, Oct. 31, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), a global leader in the solar PV industry, today announced that it was invited as the sole PV module manufacturer to deliver a keynote address at the Sustainability Summit Asia hosted by The Economist in Kuala Lumpur, Malaysia. The Sustainability Summit Asia will, among various issues, discuss China's current leadership position in the global renewable energy space and its implications for Southeast Asian nations. As the only PV module manufacturer slated to speak at the summit, JinkoSolar will share its outlook on the renewable energy industry in China, particularly recent advancements in solar research and development, manufacturing, and deployment. Furthermore, JinkoSolar will highlight how technical progress in PV will affect public and private sector solar advancement in other developing countries.

JinkoSolar, as the world's largest solar module manufacturers, and other Chinese solar companies have made great contribution to scale up PV technologies and drive down the cost of solar power. In addition, following China's Belt and Road Strategy, JinkoSolar has made heavy investments abroad and built its largest overseas production facility in Malaysia. JinkoSolar'sMalaysia production facility has a solar cell manufacturing capacity of 1.5 GW and module manufacturing capacity of 1.3 GW, creating over 4000 jobs for the local community.

Through representing the renewable energy industry at various global conferences, JinkoSolar has not only elevated its own international profile, but has also raised public knowledge, awareness, and engagement about sustainability issues. From co-chairing the B20 Energy, Climate, and Resource Efficiency taskforce earlier this year to attending the World Bank Private Sector Liaison Officers Energy Mission earlier this month, JinkoSolar has provided private sector insights on the global energy transition. JinkoSolar's invitation to speak at the Sustainability Summit Asia reflects the company's stature as a leader in the photovoltaic industry.   

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, Oct. 25, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), a global leader in the solar photovoltaic industry, today announced that it has broken multiple solar technology world records. In an attempt independently verified by the Chinese Academy of Science Testing Laboratory, JinkoSolar broke the existing world record by achieving conversion efficiency of 22.78% on P-type monocrystalline PERC solar cells. This marks the second time in 2017 that JinkoSolar has broken a world record in solar cell conversion efficiency after achieving the 22.04% conversion efficiency record on P-type polycrystalline PERC solar earlier in the year. These recent milestones follow JinkoSolar's earlier successes verified by TUV Rheinland where the company achieved a P-type 60-cell monocrystalline module output of 356.5 W and a P-type 60-cell polycrystalline module output of 347.6 W.

JinkoSolar's improvement in P-type PERC solar cell conversion efficiency was enabled by the application of several advanced cell technologies, including high quality P-type silicon wafer and bulk passivation technology, multi-layer ARC technology, selective emitter technology, and fine-finger metallization technology. Among the various techniques utilized, the application of the selective emitter structure and fine-finger metallization significantly minimized the energy losses caused by recombination. The open circuit voltage and conversion efficiency of the solar cell was also greatly improved as a result. The utilization of advanced multi-layer ARC technology, an innovation developed by JinkoSolar, made further contributions to the efficiency increase. Ultimately, the solar module power output improvement was achieved by cell efficiency increases, cell-to-module electrical optimization, and internal light management techniques.

Mr. Kangping Chen, CEO of JinkoSolar, commented, "Driven by the rapid development of the solar technical and commercial landscape in recent years, JinkoSolar has utilized its technical leadership as a springboard to make jumps in the global industry. We've also greatly strengthened our leadership position in terms of photovoltaic research and development with an advanced manufacturing process, faster mass production speeds, and better quality control than our peers. These advantages have allowed JinkoSolar to reach unprecedented heights in terms of module shipment numbers. JinkoSolar remains committed to advancing its research and development program. We plan to apply what we've learned from our successful world record attempts in a test production environment. We will then rapidly seek the mass application of our new technologies to further bring down the cost per watt of our modules. I am confident that JinkoSolar will become the industry leader in both research and development and advanced manufacturing." 

About JinkoSolar Holding Co., Ltd.

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

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

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

Safe Harbor Statement

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

For investor and media inquiries, please contact:

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

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SOURCE JinkoSolar Holding Co., Ltd.

WASHINGTON, Oct. 23, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), a global leader in the solar PV industry, today announced that it was invited to attend the World Bank'sPrivate Sector Liaison Officers (PSLO) Energy Mission Conference hosted at the World Bank Headquarters in Washington D.C. from October 23-25th, 2017. The conference will focus on the topic of "Financing in the Renewable Energy and Energy Efficiency Sectors" and will be attended by representatives from the World Bank, the Inter-American Development Bank, the Asian Development Bank, the Millennium Challenge Corporation, and other international energy corporations.

With over 100 participants from over 85 countries, the conference is a global dialogue focused on energy investment opportunities by international financial institutions. As the world's largest solar module manufacturer, JinkoSolar was invited to represent the renewable energy industry and to share practical insight from a private sector perspective.

Given its status as the world's largest solar module manufacturer, JinkoSolar has been invited to attend an array of high-profile conferences in recent years. From co-chairing the B20 Energy, Climate, and Resource Efficiency taskforce to speaking at the BIRCS Summit earlier this year, JinkoSolar has represented the renewable energy industry well and shared valuable insight on the industry's development. JinkoSolar's focus on high-end technology, technical innovation, global expansion, and sustainable development has won the recognition of the entire industry.

"We are honored to be invited to such an esteemed dialogue with the global banking community. The invitation to JinkoSolar is an affirmation of the important work the renewable energy industry is doing. At the conference, we hope to bring valuable insights on recent advancements in solar deployment. Furthermore, we hope to aid the global sustainable development conversation that will soon affect every aspect of people's lives and the global economies" Kangping Chen, CEO of JinkoSolar said.

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

For investor and media inquiries, please contact:
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, Oct. 16, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the photovoltaic (PV) industry, today announced that it supplied 12.7 MW of PV modules to Hitachi Systems, Ltd.("Hitachi Systems"), a subsidiary of Hitachi, Ltd., for a solar plant owned by Farmdo Corporation("Farmdo") in Ulan Bator, Mongolia. 

JinkoSolar delivered 12.7 MW of its high efficiency PERC modules and custom built 36-cell and 48-cell dual glass modules. This shipment marks JinkoSolar's first to the country. The power plant is the country's first utility scale solar plant which covers 28 hectares of land and is expected to be connected to the grid in November 2017. Supported by the Japanese Ministry of the Environment, 40% of the project's construction fees will be financed using a government subsidy. JinkoSolar is currently bidding as a competitive candidate for two other projects managed by Hitachi Systems where construction is expected to begin in 2018.

"Mongolia's abundant resources and vast steppe make it an ideal location for developing the local economy through solar power generation," commented Mr. Fujimoto Kazuaki, Division General Manager of Hitachi Systems' Facility Solutions Division. "A steady and reliable supply of electricity is essential for economic development. We are proud to have the opportunity to take part in Farmdo's solar farm project and support renewable energy businesses across the nation. JinkoSolar's global presence, extensive experience in solar power generation, diversified products and strong R&D capabilities ensure that their modules will work reliably even in the harshest of environments. Our partnership with JinkoSolar was essential in making this project a success."

"We are very pleased to have the opportunity to cooperate with Hitachi Systems on this project," commented Mr. Gener Miao, Vice President Global Sales and Marketing of JinkoSolar. "This is a big step for us in expanding our presence in Mongolia. We look forward to creating a bright future for solar energy there."

About JinkoSolar Holding Co., Ltd.

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

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

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

Safe Harbor Statement

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

For investor and media inquiries, please contact:

In China:

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

Mr. Christian Arnell
Christensen, 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.

Print
ET | Source: RGS Energy

DENVER, Nov. 20, 2017 (GLOBE NEWSWIRE) --  RGS Energy (NASDAQ:RGSE), America’s Original Solar Company since 1978, announced today the on-time launch of Solar 365™, its new mobile software and online dashboard suite, creating a better and more engaging customer experience every day of the year.

“We wanted to see if there was an innovative way we could use software to help us grow revenue,” said Dennis Lacey, RGS Energy’s CEO.  “We specifically focused on elements of our revenue growth strategy which include: increasing conversion rates, reducing our cycle time, decreasing contract cancellations and more satisfied customers resulting in more referrals. Solar 365™ was designed to address each of these elements of the customer experience to drive revenue growth.”

The new mobile app and customer portal provides several highly useful features and benefits designed to support today’s busy consumer lifestyle:

  • New and prospective customers can easily navigate Solar 365™ and conveniently access information and documents regarding their planned solar installation wherever and whenever it is convenient.
     
  • Customers can access important updates, schedule appointments, and submit requests via a new real-time communication tool, with instant access to the right team member working on their project.
     
  • After installation, customers can easily access and view their cost savings and production stats in kilowatts, as well as dollars earned if net metering.
     
  • Users can track the various ways their new solar installation has lowered their environmental impact, and proudly share their stats with friends and family via email, Facebook and Twitter.
     
  • Customers can earn up to $500 in bonus rewards for each successful referral. Customers can enter referral contact info, monitor progress and track their referral reward payouts.
     
  • Making payments is now easier and more convenient.

According to Dan Coffey, RGS Energy’s IT director who led the development of Solar 365™: “This brings our customers, sales and construction teams all together in a more dynamic, fun and easier way to go solar. Solar 365™ was installed on time and as budgeted.”

RGS Energy also expects to realize a number of new key benefits from the Solar 365 platform:

  • Raise awareness of RGS Energy’s industry-leading solar solutions and customer service through new social media channels.
     
  • Increase conversion rates of prospective customers through more engaging communication and interactivity.
     
  • Reduce solar installation cycle time by streamlining the scheduling process, and making the experience easier and more convenient for all.
     
  • Reduce cancellations by keeping new customers better informed of the status and progress of their solar project.
     
  • Boost sales by making customers referrals easier and more engaging, and encourage more referrals by allowing customers to track and share their cost savings, production and environmental impact stats with friends and family.
     
  • Improve timeliness of customer payments as well as provide other new operating efficiencies for driving revenue growth while lowering costs.

Anyone can register today for a Solar 365™ account by visiting http://solar365.rgsenergy.com/ or via the free Solar 365™ app available today from Apple Store or Google Play.

About RGS Energy
RGS Energy (NASDAQ:RGSE) is America’s Original Solar Company providing solar, storage and energy services, whose mission is to provide clean energy savings. The company sells, designs, installs solar systems for residential homeowners and small business companies.  The company is also the exclusive manufacturer of POWERHOUSE™, an innovative in-roof solar shingle using technology developed by The Dow Chemical Company. 

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

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

Solar 365™ is a trademark of 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 the RGS Energy’s strategy for revenue growth.  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 “expect,” “plan,” “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 utilize the software to improve the lead-to-conversion rate installation cycle time, and to reduce contract cancellations; RGS Energy’s ability to use the software to grow its revenue ; and customer acceptance of, experience with and satisfaction with the new software.

You should read the section entitled “Risk Factors” in our 2016 Annual Report on Form 10-K, as amended, and in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2017, 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.

8Point3 Energy Partners LP News Releases

http://ir.8point3energypartners.com/ 8Point3 Energy Partners LP News Releases en

8point3 Energy Partners Reports Third Quarter 2017 Results

http://ir.8point3energypartners.com/news-releases/news-release-details/8point3-energy-partners-reports-third-quarter-2017-results Partnership Raises 2017 Financial Guidance Increased Third Quarter Distribution by 3.0 percent over Second Quarter Distribution SAN JOSE, Calif. , Oct. 4, 2017 /PRNewswire/ --  8point3 Energy Partners LP (NASDAQ:CAFD) today announced financial results for its third fiscal quarter ended August 31, Wed, 04 Oct 2017 16:05:00 -0400 8Point3 Energy Partners LP News Releases 7391

8point3 Energy Partners Declares 3.0 Percent Increase in Quarterly Distribution

http://ir.8point3energypartners.com/news-releases/news-release-details/8point3-energy-partners-declares-30-percent-increase-quarterly-2 SAN JOSE, Calif. , Sept. 22, 2017 /PRNewswire/ --  8point3 Energy Partners LP (NASDAQ:CAFD) announces that the Board of Directors of its general partner declared a cash distribution for its Class A shares of $0.2721 per share for the third quarter of 2017.  This represents an increase of Fri, 22 Sep 2017 08:05:00 -0400 8Point3 Energy Partners LP News Releases 7376

8point3 Energy Partners to Announce Third-Quarter Results on October 4, 2017

http://ir.8point3energypartners.com/news-releases/news-release-details/8point3-energy-partners-announce-third-quarter-results-october-4 Event to be Webcast at: www.8point3energypartners.com SAN JOSE, Calif. , Sept. 18, 2017 /PRNewswire/ --  8point3 Energy Partners LP (NASDAQ: CAFD) will announce its third-quarter 2017 financial results on a conference call on Wednesday, October 4, 2017 at 1:30 p.m. Mon, 18 Sep 2017 16:05:00 -0400 8Point3 Energy Partners LP News Releases 7371

8point3 Energy Partners Reports Second Quarter 2017 Results

http://ir.8point3energypartners.com/news-releases/news-release-details/8point3-energy-partners-reports-second-quarter-2017-results Increased Second Quarter Distribution by 3.0 percent over First Quarter Distribution SAN JOSE, Calif. , June 29, 2017 /PRNewswire/ -- 8point3 Energy Partners LP (NASDAQ:CAFD) today announced financial results for its second fiscal quarter ended May 31, 2017 . Thu, 29 Jun 2017 16:14:00 -0400 8Point3 Energy Partners LP News Releases 7291

8point3 Energy Partners Declares 3.0 Percent Increase in Quarterly Distribution

http://ir.8point3energypartners.com/news-releases/news-release-details/8point3-energy-partners-declares-30-percent-increase-quarterly-1 SAN JOSE, Calif. , June 26, 2017 /PRNewswire/ --  8point3 Energy Partners LP (NASDAQ: CAFD) announced that the Board of Directors of its general partner declared a cash distribution for its Class A shares of $0.2642 per share for the second quarter of 2017.  This represents an increase of Mon, 26 Jun 2017 08:00:42 -0400 8Point3 Energy Partners LP News Releases 7326

8point3 Energy Partners to Announce Second-Quarter Results on June 29, 2017

http://ir.8point3energypartners.com/news-releases/news-release-details/8point3-energy-partners-announce-second-quarter-results-june-1 Event to be Webcast at: www.8point3energypartners.com SAN JOSE, Calif. , June 19, 2017 /PRNewswire/ --  8point3 Energy Partners LP (NASDAQ:CAFD) will announce its second-quarter 2017 financial results on a conference call on Thursday, June 29, 2017 at 1:30 p.m. Mon, 19 Jun 2017 16:05:40 -0400 8Point3 Energy Partners LP News Releases 7321

8point3 Energy Partners Reports First Quarter 2017 Results

http://ir.8point3energypartners.com/news-releases/news-release-details/8point3-energy-partners-reports-first-quarter-2017-results Sponsors Considering Alternatives for their Partnership Interests Increased First Quarter Distribution by 3.0 percent over Fourth Quarter Distribution SAN JOSE, Calif. , April 5, 2017 /PRNewswire/ -- 8point3 Energy Partners LP (NASDAQ:CAFD) today announced financial results for its first fiscal Wed, 05 Apr 2017 16:07:00 -0400 8Point3 Energy Partners LP News Releases 6856

8point3 Energy Partners Declares 3.0 Percent Increase in Quarterly Distribution

http://ir.8point3energypartners.com/news-releases/news-release-details/8point3-energy-partners-declares-30-percent-increase-quarterly SAN JOSE, Calif. , March 24, 2017 /PRNewswire/ --  8point3 Energy Partners LP (NASDAQ:CAFD) announces that the Board of Directors of its general partner declared a cash distribution for its Class A shares of $0.2565 per share for the first quarter of 2017.  This represents an increase of Fri, 24 Mar 2017 08:00:36 -0400 8Point3 Energy Partners LP News Releases 6401

8point3 Energy Partners to Announce First-Quarter Results on April 5, 2017

http://ir.8point3energypartners.com/news-releases/news-release-details/8point3-energy-partners-announce-first-quarter-results-april-5 Event to be Webcast at: www.8point3energypartners.com SAN JOSE, Calif. , March 20, 2017 /PRNewswire/ -- 8point3 Energy Partners LP (NASDAQ:CAFD) will announce its first-quarter 2017 financial results on a conference call on Wednesday, April 5, 2017 at 1:30 p.m. Mon, 20 Mar 2017 16:06:08 -0400 8Point3 Energy Partners LP News Releases 6396

8point3 Energy Partners Reports Fourth Quarter 2016 Results

http://ir.8point3energypartners.com/news-releases/news-release-details/8point3-energy-partners-reports-fourth-quarter-2016-results Completed Acquisition of SunPower's 49 Percent Stake in 102-MW Henrietta Project Completed Acquisition of First Solar's 34 Percent Stake in 300-MW Stateline Project on December 1, 2016 Increased Fourth Quarter Distribution by 3.5 percent over Third Quarter Distribution SAN JOSE, Calif. , Jan. Thu, 26 Jan 2017 16:05:16 -0500 8Point3 Energy Partners LP News Releases 6391

SAN JOSE, Calif., March 24, 2017 /PRNewswire/ -- 8point3 Energy Partners LP (NASDAQ:CAFD) announces that the Board of Directors of its general partner declared a cash distribution for its Class A shares of $0.2565 per share for the first quarter of 2017.  This represents an increase of approximately 22.3 percent over the minimum quarterly distribution and an increase of 3.0 percent over the previous quarter's distribution of $0.2490 per share.  The first quarter distribution will be paid on April 14, 2017 to shareholders of record as of April 4, 2017.

About 8point3 Energy Partners
8point3 Energy Partners LP (NASDAQ:CAFD) is a growth-oriented limited partnership formed by First Solar, Inc. and SunPower Corporation to own, operate and acquire solar energy generation projects. 8point3 Energy Partners' primary objective is to generate predictable cash distributions that grow at a sustainable rate. The partnership owns interests in projects in the United States that generate long-term contracted cash flows and serve utility, commercial and residential customers.  For more information about 8point3 Energy Partners, please visit: www.8point3energypartners.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/8point3-energy-partners-declares-30-percent-increase-in-quarterly-distribution-300428905.html

SOURCE 8point3 Energy Partners LP

Investors, Bob Okunski, 408-240-5447, This email address is being protected from spambots. You need JavaScript enabled to view it.; Media, Natalie Wymer, 650-223-9132, This email address is being protected from spambots. You need JavaScript enabled to view it.

SAN JOSE, Calif., March 20, 2017 /PRNewswire/ -- 8point3 Energy Partners LP (NASDAQ:CAFD) will announce its first-quarter 2017 financial results on a conference call on Wednesday, April 5, 2017 at 1:30 p.m. Pacific Time.  The call-in number is 517-308-9098, passcode: 8point3 or the webcast can be accessed from the "Investors" section of 8point3 Energy Partners' website at www.8point3energypartners.com The earnings press release will be posted at the same location at approximately 1:05 p.m. Pacific Time on April 5, 2017.

About 8point3 Energy Partners
8point3 Energy Partners LP (NASDAQ:CAFD) is a growth-oriented limited partnership formed by First Solar, Inc. and SunPower Corporation to own, operate and acquire solar energy generation projects. 8point3 Energy Partners' primary objective is to generate predictable cash distributions that grow at a sustainable rate. The partnership owns interests in projects in the United States that generate long-term contracted cash flows and serve utility, commercial and residential customers.  For more information about 8point3 Energy Partners, please visit: www.8point3energypartners.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/8point3-energy-partners-to-announce-first-quarter-results-on-april-5-2017-300426270.html

SOURCE 8point3 Energy Partners LP

Veronica Andrade, 408-514-4075, This email address is being protected from spambots. You need JavaScript enabled to view it.

Completed Acquisition of First Solar's 34 Percent Stake in 300-MW Stateline Project on December 1, 2016

Increased Fourth Quarter Distribution by 3.5 percent over Third Quarter Distribution

SAN JOSE, Calif., Jan. 26, 2017 /PRNewswire/ -- 8point3 Energy Partners LP (NASDAQ:CAFD) today announced financial results for its fourth fiscal quarter ended November 30, 2016.

8point3 Energy Partners LP Logo
  • Exceeded Q4 2016 revenue, net income and Adjusted EBITDA guidance
  • Completed acquisition of minority stakes in SunPower's Henrietta and First Solar's Stateline projects
  • Declared Q4 2016 distribution of $0.2490 per share, an increase of 3.5 percent over the Q3 2016 distribution
  • Forecasts Q1 2017 distribution of $0.2565per share, an increase of 3.0 percent compared to the Q4 2016 distribution

For the fourth quarter of fiscal 2016, 8point3 Energy Partners reported revenue of $14.5 million, net income of $4.2 million, adjusted EBITDA of $18.3 million and cash available for distribution (CAFD) of $20.4 million. The partnership's fourth quarter 2016 CAFD results do not include approximately $6.0 million in network upgrade reimbursements that were expected to be received in the fourth quarter per the partnership's existing interconnection agreement with a utility. The reimbursement was received shortly after the partnership's fiscal year end and will be reflected in the partnership's CAFD results in the first quarter of 2017.  

"We continued to benefit from our high-quality solar portfolio as we met or exceeded most key financial metrics for the quarter while increasing our distribution rate for the sixth quarter in a row," said Chuck Boynton, 8point3 Energy Partners CEO. "As of the end of November, our portfolio consisted of interests in 642-megawatts (MW) of U.S. solar generating assets including the acquisition of SunPower's 49 percent minority interest in its 102-MW Henrietta project that we completed during the quarter. Also, we were pleased to close the acquisition of First Solar's 34 percent minority interest in its 300-MW Stateline project on December 1, 2016 which brings our total portfolio to interests in 942-MW of assets as of today. The Henrietta and Stateline projects are expected to generate approximately $11 million and $32 million in annual cash distributions respectively and both have 20 year contract lives. We are pleased to add these assets to our portfolio as they are in line with our long-term strategic focus of acquiring solar assets with strong, cash flows with investment grade offtakes," concluded Boynton. 

Additionally, the partnership's sponsors have proposed to remove the 100-MW El Pelicano project and the 179-MW Switch Station project from the right of first offer (ROFO) portfolio as the partnership will likely not acquire these projects during its 2017 fiscal year.  The potential removal of these projects from the ROFO portfolio is subject to the approval of the partnership's Board of Directors and its Conflicts Committee.

Also, the Board of Directors of the partnership's general partner declared a cash distribution for its Class A shares of $0.2490 per share for the fourth quarter. The fourth quarter distribution was paid on January 13, 2017 to shareholders of record as of January 3, 2017.

"Our solid fourth quarter results reflect the stability and strength of our asset portfolio," said Bryan Schumaker, 8point3 Energy Partners chief financial officer.  "We achieved key financial goals and feel that with our differentiated model, predictable cash flows from high quality solar assets, committed sponsor support and our recent project acquisitions, we remain well positioned to drive long term sustainable cash flows for our shareholders."

Guidance

The partnership's first quarter 2017 guidance is as follows: revenue of $9.3 million to $9.8 million, net loss of ($6.4) million to ($5.6)  million, adjusted EBITDA of $11.8 million to $12.6 million, CAFD of $19.8 million to $20.3 million and a distribution of $0.2565 per share, a forecasted increase of 3.0 percent compared to the Q4 2016 distribution. 

The partnership's fiscal year 2017 guidance is as follows: revenue of $63.3 million to $66.7 million, net income of $27.0 million to $32.6 million, Adjusted EBITDA of $106.5 million to $113.1 million and CAFD of $91.5 million to $101.0 million.  The partnership also expects a distribution growth rate of 12 percent for fiscal year 2017.

About 8point3 Energy Partners
8point3 Energy Partners LP (NASDAQ:CAFD) is a growth-oriented limited partnership formed by First Solar, Inc. and SunPower Corporation to own, operate and acquire solar energy generation projects. 8point3 Energy Partners' primary objective is to generate predictable cash distributions that grow at a sustainable rate. The partnership owns interests in projects in the United States that generate long-term contracted cash flows and serve utility, commercial and residential customers. For more information about 8point3 Energy Partners, please visit: www.8point3energypartners.com.

For 8point3 Energy Partners Investors

This press release includes various "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. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. You can identify our forward-looking statements by words such as "anticipate", "believe", "estimate", "expect", "forecast", "goals", "objectives", "outlook", "intend", "plan", "predict", "project", "risks", "schedule", "seek", "target", "could", "may", "will", "should" or "would" or other similar expressions that convey the uncertainty of future events or outcomes. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, these statements are accompanied by cautionary language identifying important factors, though not necessarily all such factors, which could cause future outcomes to differ materially from those set forth in forward-looking statements. In particular, expressed or implied statements concerning the expectations of plans, strategies, objectives and growth and anticipated financial and operational performance of the partnership and its subsidiaries, including guidance regarding the partnership's revenue, Adjusted EBITDA, cash available for distribution and distributions, other future actions, conditions or events such as the projected commercial operation dates of projects, future operating results or the ability to generate sales, income or cash flow or to make distributions are forward-looking statements. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future actions, conditions or events and future results of operations may differ materially from those expressed in these forward-looking statements. Forward-looking statements speak only as of the date of this press release, January 26, 2017, and we disclaim any obligation to update such statements for any reason, except as required by law. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this paragraph. Many of the factors that will determine these results are beyond our ability to control or predict. These factors include the risk factors described under "Risk Factors" in the partnership's Transition Report on Form 10-K for the transition period from December 28, 2014 to November 30, 2015, filed with the Securities and Exchange Commission on January 28, 2016. If any of those risks occur, it could cause our actual results to differ materially from those contained in any forward-looking statement. Because of these risks and uncertainties, you should not place undue reliance on any forward-looking statement.

Non-GAAP Financial Information

This earnings release includes certain financial measures that are not defined under U.S. generally accepted accounting principles (GAAP), including Adjusted EBITDA and cash available for distribution. Such non-GAAP financial measures should be considered only as supplemental to, and not as superior to, financial measures prepared in accordance with GAAP. We reconcile these non-GAAP financial measures to the most directly comparable financial measure prepared in accordance with GAAP in the tables that accompany this release. In the introduction to such reconciliation tables that accompany this release, we disclose the reasons why we believe our use of the non-GAAP financial measures in this release provides useful information. Please read "Non-GAAP Financial Measures" below for further details on our use of non-GAAP financial measures. 

8point3 Energy Partners LP
Consolidated Balance Sheets
(In thousands, except share data)




November 30,



November 30,




2016



2015


Assets









Current assets:









Cash and cash equivalents


$

14,261



$

56,781


Accounts receivable and short-term financing receivables, net



5,401




4,289


Prepaid and other current assets1



15,745




8,033


Total current assets



35,407




69,103


Property and equipment, net



720,132




486,942


Long-term financing receivables, net



80,014




83,376


Investments in unconsolidated affiliates



475,078




352,070


Other long-term assets



24,432




26,142


Total assets


$

1,335,063



$

1,017,633


Liabilities and Equity









Current liabilities:









Accounts payable and other current liabilities1


$

23,771



$

2,612


Short-term debt and financing obligations



1,964




1,964


Deferred revenue, current portion



870




489


Total current liabilities



26,605




5,065


Long-term debt and financing obligations



384,436




297,206


Deferred revenue, net of current portion



308




746


Deferred tax liabilities



30,733




12,491


Asset retirement obligations



13,448




9,992


Total liabilities



455,530




325,500


Redeemable noncontrolling interests



17,624




89,747


Commitments and contingencies









Equity:









Class A shares, 28,072,680 and 20,007,281 issued and outstanding as of November 30, 2016 and November 30, 2015, respectively



249,138




392,748


Class B shares, 51,000,000 issued and outstanding as of November 30, 2016 and November 30, 2015







Accumulated earnings



22,440




15,580


Total shareholders' equity attributable to 8point3 Energy Partners LP



271,578




408,328


Noncontrolling interests



590,331




194,058


Total equity



861,909




602,386


Total liabilities and equity


$

1,335,063



$

1,017,633




1

The Partnership has related-party balances for transactions made with the Sponsors and tax equity investors. Related-party balances recorded within "Prepaid and other current assets" in the consolidated balance sheets were $0.9 million due from Sponsors as of both November 30, 2016 and November 30, 2015. Related-party balances recorded within "Accounts payable and other current liabilities" in the consolidated balance sheets were $19.7 million and $0.2 million due to Sponsors as of November 30, 2016 and November 30, 2015, respectively, and $1.0 million and zero due to tax equity investors as of November 30, 2016 and November 30, 2015, respectively. 

8point3 Energy Partners LP
Consolidated Statements of Operations
(In thousands, except per share data)




Year Ended



Eleven Months Ended



Year Ended




November 30,



November 30,



December 28,




2016



2015



2014


Revenues:













Operating revenues1


$

61,198



$

10,660



$

9,231


Total revenues



61,198




10,660




9,231


Operating costs and expenses1:













Cost of operations



6,959




2,624




(3,195)


Cost of operations—SunPower, prior to IPO






468




937


Selling, general and administrative



7,003




10,702




4,818


Depreciation and accretion



22,792




4,291




2,339


Acquisition-related transaction costs



2,271




212





Total operating costs and expenses



39,025




18,297




4,899


Operating income (loss)



22,173




(7,637)




4,332


Other expense (income):













Interest expense



12,081




1,860




5,525


Interest income



(1,203)




(1,470)





Other expense (income)



(1,518)




12,536





Total other expense, net



9,360




12,926




5,525


Income (loss) before income taxes



12,813




(20,563)




(1,193)


Income tax provision



(18,244)




(12,503)




(23)


Equity in earnings of unconsolidated investees



18,341




9,055





Net income (loss)



12,910




(24,011)




(1,216)


Less: Predecessor loss prior to IPO on June 24, 2015






(20,095)






Net income (loss) subsequent to IPO



12,910




(3,916)






Less: Net loss attributable to noncontrolling interests and redeemable noncontrolling interests



(14,191)




(22,642)






Net income attributable to 8point3 Energy Partners LP Class A shares


$

27,101



$

18,726






Net income per Class A share:













Basic


$

1.27



$

0.94






Diluted


$

1.27



$

0.94






Distributions per Class A share:


$

0.91



$

0.16






Weighted average number of Class A shares:













Basic



21,420




20,002






Diluted



36,920




35,034








1 

The Partnership has related-party activities for transactions made with the Sponsors. Related party transactions recorded within "Operating revenues" in the consolidated statement of operations were $5.2 million for the year ended November 30, 2016, $2.3 million for the eleven months ended November 30, 2015, and zero for the year ended December 28, 2014. Related party transactions recorded within "Operating costs and expenses" in the consolidated statement of operations were $7.0 million for the year ended November 30, 2016, $1.4 million for the eleven months ended November 30, 2015, and $0.9 million for the year ended December 28, 2014.

8point3 Energy Partners LP
Consolidated Statements of Cash Flows
(In thousands)




Year Ended



Eleven Months Ended



Year Ended




November 30,



November 30,



December 28,




2016



2015



2014


Cash flows from operating activities:













Net income (loss)


$

12,910



$

(24,011)



$

(1,216)


Adjustments to reconcile net income (loss) to net cash provided by operating activities:













Depreciation, amortization and accretion



22,880




4,291




2,339


Unrealized loss (gain) on interest rate swap



(1,508)




611





Interest expense on financing obligation






1,193




4,838


Loss on termination of financing obligation






6,477





Reserve for rebates receivable






1,338





Distributions from unconsolidated investees



18,075




6,766





Equity in earnings of unconsolidated investees



(18,341)




(9,055)





Deferred income taxes



18,242




12,491





Share-based compensation



224




112





Amortization of debt issuance costs



626








Changes in allowance for doubtful accounts



370




328





Changes in operating assets and liabilities:













Accounts receivable and financing receivable, net



1,481




46




(4,118)


Cash grants receivable






146




1,099


Rebates receivable






(121)




2,685


Solar power systems to be leased under sales type leases






197




463


Prepaid and other current assets



(1,435)




(4,258)





Deferred revenue



(59)




(118)




(819)


Accounts payable and other current liabilities



1,171




5,403




(3,470)


Net cash provided by operating activities



54,636




1,836




1,801


Cash flows from investing activities:













Cash provided by (used in) purchases of property and equipment



1,167




(223,688)




(58,457)


Cash paid for acquisitions



(284,797)








Receipts of cash grants related to solar energy systems under operating leases









3,226


Distributions from unconsolidated investees



11,629




4,672





Net cash used in investing activities



(272,001)




(219,016)




(55,231)


Cash flows from financing activities:













Proceeds from issuance of Class A shares, net of issuance costs



113,325




393,750





Proceeds from issuance of bank loans, net of issuance costs



86,567




461,192




61,481


Proceeds from issuance of promissory note to First Solar






1,964





Repayment of bank loans






(264,143)





Capital contributions from SunPower



9,973




341,694




3,147


Capital distributions to SunPower






(3,163)




(11,198)


Cash distribution to First Solar at IPO






(283,697)





Cash distribution to SunPower at IPO






(371,527)





Cash distribution to SunPower for the remaining purchase price payments of initial projects






(202,680)





Cash distribution to Class A shareholders



(20,241)




(3,146)





Cash distributions to Sponsors as OpCo unitholders



(12,271)








Cash contributions from noncontrolling interests and redeemable noncontrolling interests - tax equity investors



3,671




203,717





Cash distributions to noncontrolling interests and redeemable noncontrolling interests - tax equity investors



(6,179)








Net cash provided by financing activities



174,845




273,961




53,430


Net increase (decrease) in cash and cash equivalents



(42,520)




56,781





Cash and cash equivalents, beginning of period



56,781








Cash and cash equivalents, end of period


$

14,261



$

56,781



$


Non-cash transactions:













Assignment of financing receivables to a third-party financial institution


$



$

1,279



$

7,815


Property and equipment acquisitions funded by liabilities



19,538







8,675


Property and equipment additions funded by SunPower post-IPO






50,683





Settlement of related party payable by capital contribution from tax equity investor



46,837








Predecessor liabilities assumed by SunPower






48,588





Accrued distributions to noncontrolling interests and redeemable noncontrolling interests - tax equity investors



975








Issuance by OpCo of OpCo common units, subordinated units and IDRs for acquisition of interests in First Solar Project Entities






408,820





Supplemental disclosures:













Cash paid for interest, net of amounts capitalized



11,525




437




688


Non-GAAP Financial Measures

Our management uses a variety of financial metrics to analyze our performance. The key financial metrics we evaluate are Adjusted EBITDA and cash available for distribution.

Adjusted EBITDA. We define Adjusted EBITDA as net income (loss) plus interest expense, net of interest income, income tax provision, depreciation, amortization and accretion, including our proportionate share of net interest expense, income taxes and depreciation, amortization and accretion from our unconsolidated affiliates that are accounted for under the equity method, and share-based compensation and transaction costs incurred for our acquisitions of projects; and excluding the effect of certain other non-cash or non-recurring items that we do not consider to be indicative of our ongoing operating performance such as, but not limited to, mark to market adjustments to the fair value of derivatives related to our interest rate hedges. Adjusted EBITDA is a non-U.S. GAAP financial measure. This measurement is not recognized in accordance with U.S. GAAP and should not be viewed as an alternative to U.S. GAAP measures of performance. The U.S. GAAP measure most directly comparable to Adjusted EBITDA is net income (loss). The presentation of Adjusted EBITDA should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items.

We believe Adjusted EBITDA is useful to investors in evaluating our operating performance because securities analysts and other interested parties use such calculations as a measure of financial performance and borrowers' ability to service debt. In addition, Adjusted EBITDA is used by our management for internal planning purposes including certain aspects of our consolidated operating budget and capital expenditures. It is also used by investors to assess the ability of our assets to generate sufficient cash flows to make distributions to our Class A shareholders.

However, Adjusted EBITDA has limitations as an analytical tool because it does not reflect our cash expenditures or future requirements for capital expenditures or contractual commitments, does not reflect changes in, or cash requirements for, working capital, does not reflect significant interest expense or the cash requirements necessary to service interest or principal payments on our outstanding debt or cash distributions on tax equity, does not reflect payments made or future requirements for income taxes, and excludes the effect of certain other cash flow items, all of which could have a material effect on our financial condition and results of operations. Adjusted EBITDA is a non-U.S. GAAP measure and should not be considered an alternative to net income (loss) or any other performance measure determined in accordance with U.S. GAAP, nor is it indicative of funds available to fund our cash needs. In addition, our calculations of Adjusted EBITDA are not necessarily comparable to EBITDA as calculated by other companies. Investors should not rely on these measures as a substitute for any U.S. GAAP measure, including net income (loss).

Cash Available for Distribution. We use cash available for distribution, which we define as Adjusted EBITDA less equity in earnings of unconsolidated affiliates, cash interest paid, cash income taxes paid, maintenance capital expenditures, cash distributions to noncontrolling interests and principal amortization of indebtedness plus cash distributions from unconsolidated affiliates, indemnity payments and working capital loans from Sponsors, test electricity generation, cash proceeds from sales-type residential leases, state and local rebates and cash proceeds for reimbursable network upgrade costs. Our cash flow is generated from distributions we receive from OpCo each quarter. OpCo's cash flow is generated primarily from distributions from the Project Entities. As a result, our ability to make distributions to our Class A shareholders depends primarily on the ability of the Project Entities to make cash distributions to OpCo and the ability of OpCo to make cash distributions to its unitholders.

We believe cash available for distribution is useful to investors in evaluating our operating performance because securities analysts and other interested parties use such calculations as a measure of our ability to make our distribution. In addition, cash available for distribution is used by our management team for determining future acquisitions and managing our growth. The U.S. GAAP measure most directly comparable to cash available for distribution is net income (loss).

However, cash available for distribution has limitations as an analytical tool because it does not capture the level of capital expenditures necessary to maintain the operating performance of our projects, does not include changes in operating assets and liabilities and excludes the effect of certain other cash flow items, all of which could have a material effect on our financial condition and results from operations. Cash available for distribution is a non-U.S. GAAP measure and should not be considered an alternative to net income (loss) or any other performance measure determined in accordance with U.S. GAAP, nor is it indicative of funds available to fund our cash needs. In addition, our calculations of cash available for distribution are not necessarily comparable to cash available for distribution as calculated by other companies. Investors should not rely on these measures as a substitute for any U.S. GAAP measure, including net income (loss).

The following table presents a reconciliation of net income (loss) to Adjusted EBITDA and cash available for distribution for the three months ended November 30, 2016, August 31, 2016, and November 30, 2015, and the year ended November 30, 2016, the eleven months ended November 30, 2015 and the year ended December 28, 2014, respectively:

8point3 Energy Partners LP
Reconciliation of Net Income (Loss) to Adjusted EBITDA and Cash Available for Distribution (CAFD)
(Unaudited)











Three Months Ended



Year Ended



Eleven Months Ended



Year Ended




November 30,



August 31,



November 30,



November 30,



November 30,



December 28,


(in thousands)


2016



2016



2015



2016



2015



2014


Net income (loss)


$

4,250



$

15,874



$

(8,644)



$

12,910



$

(24,011)



$

(1,216)


Add (Less):

























Interest expense, net of interest income



2,664




2,903




(33)




10,870




390




5,525


Income tax provision



2,963




5,063




11,796




18,244




12,503




23


Depreciation, amortization and accretion



6,556




6,311




1,917




22,880




4,291




2,339


Share-based compensation



56




56




56




224




112





Acquisition-related transaction costs (1)



10




599




212




2,271




212





Selling, general and administrative (2)















6,372




2,334


Loss on cash flow hedges related to

Quinto interest rate swaps















5,448





Loss on termination of residential

financing obligations















6,477





Unrealized loss (gain) on derivatives (3)



(972)




(285)




(159)




(1,508)




611





Add proportionate share from

equity method investments (4)

























Interest expense, net of interest income



(375)




(54)




(144)




(524)




(165)





Depreciation, amortization and accretion



3,142




2,397




3,052




10,825




5,212





Adjusted EBITDA


$

18,294



$

32,864



$

8,053



$

76,192



$

17,452



$

9,005


Less:

























Equity in earnings of unconsolidated affiliates, net with (4) above (5)



(7,604)




(10,418)




(5,849)




(28,642)




(14,102)





Cash interest paid (6)



(3,000)




(3,278)




(2,787)




(12,176)




(4,502)





Cash income taxes paid



(2)










(2)








Maintenance capital expenditures



(50)










(50)








Cash distributions to non-controlling interests



(2,412)




(2,826)







(6,142)








Add:

























Cash distributions from unconsolidated affiliates (7)



14,054




7,018




6,230




30,129




10,902





Indemnity payment from Sponsors (8)



279




64




3,900




10,316




3,900





Short-term Note (9)









1,964







1,964





Test electricity generation (10)









4,020




421




5,576





Cash proceeds (usage) from sales-type residential leases, net (11)



649




630




754




2,550




2,730




2,746


State and local rebates (12)












299








Cash proceeds for reimbursable network upgrade costs (13)



222










222








Cash available for distribution


$

20,430



$

24,054



$

16,285



$

73,117



$

23,920



$

11,751




(1)

Represents acquisition-related financial advisory, legal and accounting fees associated with ROFO Project interests purchased and expected to be purchased by us in the future.



(2)

Represents the allocation of the Predecessor's corporate overhead in selling, general and administrative expenses.



(3)

Represents the changes in fair value of interest rate swaps that were not designated as cash flow hedges.



(4)

Represents our proportionate share of net interest expense, depreciation, amortization and accretion from our unconsolidated affiliates that are accounted for under the equity method.



(5)

Equity in earnings of unconsolidated affiliates represents the earnings from the Solar Gen 2 Project, the North Star Project, the Lost Hills Blackwell Project and the Henrietta Project and is included on our consolidated statements of operations.



(6)

Represents cash interest payments related to our term loan and revolving credit facilities post-IPO. The interest payments for the Quinto Credit Facility on the Predecessor's combined carve-out financial statements were excluded as they were funded by one of our Sponsors.



(7)

Cash distributions from unconsolidated affiliates represent the cash received by OpCo with respect to its 49% interest in the Solar Gen 2 Project, the North Star Project, the Lost Hills Blackwell Project and the Henrietta Project.



(8)

Represents indemnity payments from the Sponsors owed to OpCo in accordance with the Omnibus Agreement.



(9)

Represents a working capital loan from First Solar.



(10)

Test electricity generation represents the sale of electricity that was generated prior to COD by the Kingbird Project for the year ended November 30, 2016 and by the Quinto Project, the RPU Project, the UC Davis Project and the Macy's California Project for the eleven months ended November 30, 2015. Solar systems may begin generating electricity prior to COD as a result of the installation and interconnection of individual solar modules, which occurs over time during the construction and commission period. The sale of test electricity generation is accounted for as a reduction in the asset carrying value rather than operating revenue prior to COD, even though it generates cash for the related Project Entity.



(11)

Cash proceeds from sales-type residential leases, net, represent gross rental cash receipts for sales-type leases, less sales-type revenue and lease interest income that is already reflected in net income (loss) during the period. The corresponding revenue for such leases was recognized in the period in which such lease was placed in service, rather than in the period in which the rental payment was received, due to the characterization of these leases under U.S. GAAP.



(12)

State and local rebates represent cash received from state or local governments for owning certain solar power systems. The receipt of state and local rebates is accounted for as a reduction in the asset carrying value rather than operating revenue.



(13)

Cash proceeds from a utility company related to reimbursable network upgrade costs associated with the Kingbird Project.

8point3 Energy Partners LP
FY 2017 Q1 Guidance
Reconciliation of Net Loss to Adjusted EBITDA and Cash Available for Distribution (CAFD)


 (in millions)


Low



High


Net loss


$

(6.4)



$

(5.6)


Add (Less):









Interest expense, net of interest income



5.5




5.5


Income tax provision



(0.1)




(0.1)


Depreciation, amortization and accretion



6.4




6.4


Share-based compensation



0.1




0.1


Add proportionate share from equity method investments (1):









Depreciation, amortization and accretion



6.3




6.3


Adjusted EBITDA


$

11.8



$

12.6


Less:









Equity in earnings of unconsolidated affiliates, net with (1)



(6.8)




(7.2)


Cash interest paid



(5.5)




(5.5)


Cash distributions to non-controlling interests



(2.0)




(2.0)


Add:









Cash distributions from unconsolidated affiliates



17.7




17.7


Network upgrade refund



6.0




6.1


Cash proceeds from sales-type residential leases



0.6




0.6


Repayment of working capital loan



(2.0)




(2.0)


Estimated cash available for distribution


$

19.8



$

20.3




(1)

Represents our proportionate share of net interest expense, depreciation, amortization and accretion from our unconsolidated affiliates that are accounted for under the equity method.

8point3 Energy Partners LP
FY 2017 Guidance
Reconciliation of Net Income to Adjusted EBITDA and Cash Available for Distribution (CAFD)


 (in millions)


Low



High


Net income


$

27.0



$

32.6


Add (Less):









Interest expense, net of interest income



24.3




24.3


Income tax provision



3.4




4.4


Depreciation, amortization and accretion



26.3




26.3


Share-based compensation



0.2




0.2


Add proportionate share from equity method investments (1):









Depreciation, amortization and accretion



25.3




25.3


Adjusted EBITDA


$

106.5



$

113.1


Less:









Equity in earnings of unconsolidated affiliates, net with (1)



(60.4)




(63.5)


Cash interest paid



(24.3)




(24.3)


Cash distributions to non-controlling interests



(9.2)




(9.2)


Add:









Cash distributions from unconsolidated affiliates



65.1




71.1


Network upgrade refund



13.2




13.2


Cash proceeds from sales-type residential leases



2.6




2.6


Repayment of working capital loan



(2.0)




(2.0)


Estimated cash available for distribution


$

91.5



$

101.0




(1)

Represents our proportionate share of net interest expense, depreciation, amortization and accretion from our unconsolidated affiliates that are accounted for under the equity method.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/8point3-energy-partners-reports-fourth-quarter-2016-results-300397671.html

SOURCE 8point3 Energy Partners LP

Investors, Bob Okunski, 408-240-5447, This email address is being protected from spambots. You need JavaScript enabled to view it.; Media, Natalie Wymer, 408-457-2348, This email address is being protected from spambots. You need JavaScript enabled to view it.

SAN JOSE, Calif., June 26, 2017 /PRNewswire/ -- 8point3 Energy Partners LP (NASDAQ: CAFD) announced that the Board of Directors of its general partner declared a cash distribution for its Class A shares of $0.2642 per share for the second quarter of 2017.  This represents an increase of approximately 26.0 percent over the minimum quarterly distribution and an increase of 3.0 percent over the previous quarter's distribution of $0.2565 per share.  The second quarter distribution will be paid on July 14, 2017 to shareholders of record as of July 6, 2017.

8point3 Energy Partners LP Logo

About 8point3 Energy Partners
8point3 Energy Partners LP (NASDAQ: CAFD) is a growth-oriented limited partnership formed by First Solar, Inc. and SunPower Corporation to own, operate and acquire solar energy generation projects. 8point3 Energy Partners' primary objective is to generate predictable cash distributions that grow at a sustainable rate. The partnership owns interests in projects in the United States that generate long-term contracted cash flows and serve utility, commercial and residential customers.  For more information about 8point3 Energy Partners, please visit: www.8point3energypartners.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/8point3-energy-partners-declares-30-percent-increase-in-quarterly-distribution-300479343.html

SOURCE 8point3 Energy Partners LP

Investors, Bob Okunski, 408-240-5447, This email address is being protected from spambots. You need JavaScript enabled to view it.; Media, Natalie Wymer, 650-223-9132, This email address is being protected from spambots. You need JavaScript enabled to view it.

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