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In the immediate vicinity of many embassies, on a carport at the giant Brooklyn Mall in Pretoria, 9,600 solar modules gleam in the South African sun. juwi started work on the construction of the one-megawatt system at the end of January.

Read more: JUWI COMMISSIONS SECOND INDUSTRIAL SIZE...

The Government of Zambia signed agreements  for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power.

Read more: Zambia Signs Second Scaling Solar Mandate to...

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.

Read more: JinkoSolar Exclusively Invited to Deliver a...

SMA Solar Technology AG successfully continued on its path to more profit and higher cash flow in 2016 and achieved a sales record by selling inverter output of 8.2 GW (2015: 7.3 GW).

Read more: 2016 RESULTS: SMA SOLAR TECHNOLOGY AG...

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.

Read more: IFC and HM Partner to Boost the Use of Renewable...

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.

Read more: Larson Electronics LLC Releases A New Bolt-on...

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

Read more: Poyant Signs Moving Forward with Solar in 2017

NTPC SURGES AHEAD-PROFIT BEFORE TAX UP 24.30%

29th May, 2017

NTPC Ltd. generated additional 8.339 Billion Units to cross 250 Billion Units mark in fiscal 2016-17 against back drop of declining national PLF. The total generation was 250.314 Billion Units as against 241.977 Billion Units generated in the previous year, an increase of around 3.45%. During the FY2016-17, NTPC Coal stations achieved PLF of 78.59% as against National PLF of 59.88%. Further, during the 4th quarter, Coal stations, Gas stations & Hydro Stations clocked availability factor of 91.62%,93.49% & 106.37% respectively.

The Company registered over 10% increase in the total income. The total income is Rs. 79,342.30 crore as against Rs. 72,009.16 crore reported in the previous year. For the FY 2016-17, audited profit before exceptional items and tax is Rs. 13,170.85 crore as against Rs. 10,595.77 crore for FY 2015-16, registering an increase of ~ 24.30%. The Profit After Tax of FY 2016-17 was Rs. 9,385.26 crore.

The unaudited total income for the Q4 FY 2016-17 is Rs. 20,886.85 crore as against the unaudited total income of Rs. 18,732.41 crore in the corresponding quarter of FY 2015-16, registering an increase of 11.50%. For the Q4 FY 2016-17, unaudited profit before exceptional items and tax is Rs. 3,790.90 crore as compared to Rs. 3,648.31 crore in the corresponding quarter of previous year registering an increase of 3.91%.

The Board of Directors has recommended Final Dividend for the FY 2016-17 at the rate of ­­­21.70% (Rs. 2.17 per share) on the face value of paid-up equity share of Rs. 10/- each, subject to the approval of shareholders in the Annual General Meeting scheduled to be held in September 2017. The Company had paid Interim Dividend at the rate of ­­­26.10% (Rs. 2.61 per share) in February 2017. Thus, total dividend for the Financial Year will be 47.80% of the paid-up capital of the Company i.e Rs.4.78 per share. This is the 24th consecutive year for payment of dividend.


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Read more: NTPC SURGES AHEAD-PROFIT BEFORE TAX UP 24.30%

Following is the text of the Prime Minister, Shri Narendra Modi’s departure statement prior to his visit to Germany, Spain, Russia and France

“I will visit Germany on 29-30 May 2017 on the invitation of German Chancellor Angela Merkel for the Fourth India-Germany Intergovernmental Consultations (IGC).

India and Germany are large democracies, major economies and important players in regional and global affairs. Our strategic partnership is based on democratic values and commitment to an open, inclusive and rules-based global order. Germany is a valuable partner in our development initiatives and German competencies fit well with my vision for India’s transformation.

I would begin my visit from Meseberg near Berlin in Germany, where Chancellor Merkel has very graciously invited me to hold discussions on issues of regional and global importance.

On 30 May, Chancellor Merkel and I will hold the 4th IGC to review the state of our bilateral relationship. We will also chart out a future roadmap of cooperation with focus on trade and investment, security and counter-terrorism, innovation and science & technology, skill development, urban infrastructure, railways and civil aviation, clean energy, development cooperation, health and alternative medicine.

I would also call on H.E. Dr. Frank-Walter Steinmeier, President of the Federal Republic of Germany.

Germany is our leading partner in trade, technology and investment. In Berlin, Chancellor Merkel and I will interact with top business leaders of both the countries to further strengthen our trade and investment ties.

I am confident that this visit will open a new chapter in our bilateral cooperation with Germany and further deepen our Strategic Partnership.

I will pay an official visit to Spain from 30 – 31 May 2017. This will be the first visit by an Indian Prime Minister to Spain in almost three decades.

I will have the honour of calling on His Majesty King Felipe VI during this visit.

I look forward to my meeting with President Mariano Rajoy on 31 May. We will discuss ways to enhance bilateral engagement, especially in the economic sphere, and cooperation on international issues of common concern, particularly in combating terrorism.

There is significant potential for deepening bilateral trade and investment ties. We seek active participation of Spanish industry in various Indian projects including infrastructure, smart cities, digital economy, renewable energy, defence and tourism.

I will also meet top CEOs of Spanish industry and encourage them to partner with us in our 'Make in India' Initiative.

The first meeting of the India-Spain CEOs Forum will be held on the sidelines of my visit. I look forward to their valuable recommendations for strengthening India-Spain economic partnership.

I will be visiting St. Petersburg, Russia from 31st May to 2nd June for the 18th India-Russia Annual Summit.

On 1st June, I will be conducting detailed discussions with President Putin to take forward our dialogue from the last Summit in Goa in October 2016. With a spotlight on economic ties, both President Putin and I will also be interacting with CEOs from both countries.

On the next day, I will be addressing the St. Petersburg International Economic Forum (SPIEF) together with President Putin. I appreciate the invitation to be the Guest of Honour at this year’s Forum. India is the Guest Country at the SPIEF this year.

In a first meeting of its kind, I will also have the opportunity to engage with Governors from various Russian regions to further broad base bilateral cooperation and more actively involve States/Regions and other diversified stakeholders.

At the beginning of my visit, I will go to Piskarovskoye Cemetery to pay homage to those who perished during the siege of Leningrad. I will also have occasion to visit the world famous State Hermitage Museum and the Institute of Oriental manuscripts.

I greatly look forward to my visit to St. Petersburg in this special year for the bilateral relationship as both countries celebrate the 70th Anniversary of our diplomatic relations.

I will be visiting France from 2-3 June, 2017. During the visit, I will have an official meeting with the newly elected French President H.E. Mr. Emmanuel Macron on 3 June.

France is one of our most important Strategic Partners.

I look forward to meeting President Macron and have discussions on issues of mutual interest. I would be exchanging views with the French President on important global issues including UN Security Council reforms and India’s permanent membership of the UN Security Council, India’s membership of the various multilateral export control regimes, counter-terrorism cooperation, collaboration on climate change and International Solar Alliance.

France is our 9th largest investment partner and a key partner in our development initiatives in the area of defence, space, nuclear and renewable energy, urban development and railways. I am committed to substantially strengthening and advancing our multi-faceted partnership with France.”

****

AKT/NT

Read more: PM’s statement prior to his departure to...

NTPC SURGES AHEAD-PROFIT BEFORE TAX UP 24.30%

29th May, 2017

NTPC Ltd. generated additional 8.339 Billion Units to cross 250 Billion Units mark in fiscal 2016-17 against back drop of declining national PLF. The total generation was 250.314 Billion Units as against 241.977 Billion Units generated in the previous year, an increase of around 3.45%. During the FY2016-17, NTPC Coal stations achieved PLF of 78.59% as against National PLF of 59.88%. Further, during the 4th quarter, Coal stations, Gas stations & Hydro Stations clocked availability factor of 91.62%,93.49% & 106.37% respectively.

The Company registered over 10% increase in the total income. The total income is Rs. 79,342.30 crore as against Rs. 72,009.16 crore reported in the previous year. For the FY 2016-17, audited profit before exceptional items and tax is Rs. 13,170.85 crore as against Rs. 10,595.77 crore for FY 2015-16, registering an increase of ~ 24.30%. The Profit After Tax of FY 2016-17 was Rs. 9,385.26 crore.

The unaudited total income for the Q4 FY 2016-17 is Rs. 20,886.85 crore as against the unaudited total income of Rs. 18,732.41 crore in the corresponding quarter of FY 2015-16, registering an increase of 11.50%. For the Q4 FY 2016-17, unaudited profit before exceptional items and tax is Rs. 3,790.90 crore as compared to Rs. 3,648.31 crore in the corresponding quarter of previous year registering an increase of 3.91%.

The Board of Directors has recommended Final Dividend for the FY 2016-17 at the rate of ­­­21.70% (Rs. 2.17 per share) on the face value of paid-up equity share of Rs. 10/- each, subject to the approval of shareholders in the Annual General Meeting scheduled to be held in September 2017. The Company had paid Interim Dividend at the rate of ­­­26.10% (Rs. 2.61 per share) in February 2017. Thus, total dividend for the Financial Year will be 47.80% of the paid-up capital of the Company i.e Rs.4.78 per share. This is the 24th consecutive year for payment of dividend.


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Read more: NTPC SURGES AHEAD-PROFIT BEFORE TAX UP 24.30%

IBC SOLAR customers worldwide now benefit from the advantages of the fast online ordering system

Read more: Comprehensive relaunch of the IBC SOLAR Online...

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-

Read more: JinkoSolar Supplies 23 MW of Solar Modules to...

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.

Read more: AlsoEnergy Partners with Survey Digital for...

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

Read more: ABB to Support Integration of Solar Energy in...

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

Read more: Installation of solar solutions on Jumby Bay...

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

Read more: SolarReserve Receives Environmental Approval for...

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

Read more: SolarXXL discloses new markets in South America
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