SAN FRANCISCO--(BUSINESS WIRE)--As the California legislature debates the state’s energy future, a new study takes a fresh look at the pros and cons of creating a Western regional grid, and illuminates the complexities that have helped stall bills addressing the issue over the past three years. Grid regionalization could change how and where renewables are built, bought and sold, with ramifications for energy markets in California and across the West.

“Regionalization raises a lot of issues, and we hope policymakers and other Californians who have questions about it can find answers in our new report,” said F. Noel Perry, businessman and founder of Next 10. “A carefully crafted regional transmission organization could be a game-changer for clean energy in the West. But as always, the devil is in the details.”

The new report, A Regional Power Market for the West: Risks and Benefits, lays out arguments for and against expanding the western electricity market through the formation of a regional independent system operator (ISO). ISOs act as air traffic controllers for electricity, independently coordinating the planning and distribution of energy in a given area. Regional ISOs are common in most of the U.S., but in the West, the region is divided into a patchwork of individual operators, including the California Independent System Operator (CAISO). Pending legislation would set the rules for how California utilities could join a regional market.

Supporters of regionalization — including Gov. Brown, CAISO, and many clean energy industry associations and environmental groups — say setting up a vast regional market would accelerate the scale-up of clean energy while reducing operating costs, enabling California to meet its climate goals even as energy bills come down. Detractors, including labor and consumer groups, say that a Western RTO could reduce the state’s control over clean energy and climate policies and shift construction jobs to other states.

After evaluating arguments on either side of the expanded Western RTO issue, the report offers takeaways on key topics of concern, including:

  • Jobs — A Western RTO could result in some renewable energy construction jobs moving from California to other states, but it would likely create a much larger number of California jobs overall. That’s because increasing renewable generation across the region would lower electricity prices for all Californians, lowering costs for businesses and broadly encouraging job growth.
  • Governance — While opponents worry that a regional transmission organization would force state policymakers to give up control, the state’s existing independent system operator, CAISO, is already independent of state control. All RTOs, including CAISO, are subject to FERC regulations and federal law. RTOs have limited ability to affect state policy decisions, and their actions are subject to FERC oversight. FERC, meanwhile, is subject to oversight by the courts.
  • Policy — Because most court challenges to state policies happen under interstate commerce rules, a change to a Western RTO would not substantially change the threats to California’s pioneering climate and clean energy policies. As for FERC, their primary mandate is to provide “just and reasonable” rates through fair competition. As long as California clean energy policies don’t interfere with competition – and they generally haven’t so far – joining a Western RTO would not subject the state to additional risk from FERC.
  • Integrating renewables — There are many ways to integrate renewables into the grid, including distributed energy resources, whose costs are falling rapidly. But bulk solutions — such as transmission lines and regional markets — remain the lowest cost option.
  • Coal — Despite concerns about the Trump administration’s support for propping up the coal industry, coal generation is in decline nationwide due in large part to being subject to competition with more affordable natural gas power, renewables, and energy efficiency. A Western RTO with truly competitive market rules would likely increase pressure on aging Western coal plants. However, policymakers must be sure to avoid market rules that allow old coal plants to survive, such as capacity payments.

“It’s a complicated conversation, and advocates on both sides want to simplify it to make their points,” said Bentham Paulos, independent energy analyst and founding principal of PaulosAnalysis, who produced the report for Next 10. “But this can introduce a lot of misunderstandings of what regional markets are and are not.”

“The debate about a Western regional market has been going on for decades,” said Paulos. “But it seems more timely now. CAISO’s energy imbalance market (EIM) has helped increase trust and cooperation among states and utilities. And the advent of cheap wind and solar power in all Western states has helped create a shared vision of the future: coal’s time is limited, and a low-carbon future doesn’t look very expensive any more. A bigger regional market is a good way to integrate renewables for all Western states. But it will require collaboration, as well as ongoing work.”

A Grid Primer

Next 10 is releasing its regionalization report along with Transforming the Grid: An Introduction to California’s Electric System in the 21st Century, which explains how the state’s power system and grid work, lays out environmental and social issues, and provides visions of the future as the grid evolves in concert with economic and environmental trends. The two reports kick off a series of five briefs examining California’s electric grid at a pivotal time in its history.

“As California strives to slash its greenhouse gas emissions by switching to clean, renewable energy, the state’s power system faces an era of rapid change,” Next 10’s Perry said. “We hope Transforming the Grid and the other papers in this series will help Californians — especially policymakers — to understand fully the issues involved, so they can make informed decisions that position our state for clean energy success.”

About Next 10

Next 10 (next10.org) is an independent, nonpartisan organization that educates, engages and empowers Californians to improve the state’s future. With a focus on the intersection of the economy, the environment, and quality of life, Next 10 employs research from leading experts on complex state issues and creates a portfolio of nonpartisan educational materials to foster a deeper understanding of the critical issues affecting our state.

About PaulosAnalysis

PaulosAnalysis (PaulosAnalysis.com) provides energy policy, communications, and consulting services to clean energy businesses, nonprofits, foundations, research and consulting firms, trade associations, and media. Recent clients include the Clean Energy States Alliance, the Illinois Power Agency, and the Electricity Markets & Policy Group at Lawrence Berkeley National Lab.

Read more: Grid Regionalization: a Boon or a Boondoggle for...

LEHI, Utah, July 17, 2018 /PRNewswire/ -- Vivint Solar, Inc. (NYSE: VSLR) announced today that it plans to report financial results for the second quarter 2018 after the U.S. financial markets close on Tuesday, August 7, 2018. The company will host a conference call and simultaneous audio-only webcast at 5 p.m. Eastern Time to discuss its financial results for the quarter.

To access the conference call, dial 1-866-393-4306, or for international callers, 1-734-385-2616. The conference ID is 118 1885. Participants should dial in 10 minutes prior to the scheduled conference call time. The conference call will also be webcast live and may be accessed at the "Events and Presentations" link on the investor relations section of the company's website at investors.vivintsolar.com. A replay of the webcast will be available approximately two hours after the conference call commences on the investor relations page of the company's website until August 31, 2018.

About Vivint Solar

Vivint Solar is a leading full-service residential solar provider in the United States. With Vivint Solar, customers can power their homes with clean, renewable energy and typically achieve financial savings over time. Offering integrated residential solar solutions, Vivint Solar designs and installs the solar energy systems for its customers and offers monitoring and maintenance services. In addition to being able to purchase a solar energy system outright, customers may benefit from Vivint Solar's affordable, flexible financing options, power purchase agreements, or lease agreements, where available. For more information, visit www.vivintsolar.com or follow @VivintSolar on Twitter.

Contacts

Rob Kain
Vice President of Investor Relations
855-842-1844
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Helen Langan
Senior Director of Communications
385-202-6577
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Cision View original content with multimedia:http://www.prnewswire.com/news-releases/vivint-solar-to-report-second-quarter-2018-financial-results-300681507.html

SOURCE Vivint Solar

Read more: Vivint Solar to Report Second Quarter 2018...

Sunny Design Pro von SMA ermöglicht Anlagenplanung über alle Energiesektoren hinweg

16.07.2018

Anlagenplaner haben jetzt zum ersten Mal die Möglichkeit, Energiesysteme über alle Sektoren hinweg zu planen und zu simulieren. Die neue Version der Anlagenauslegungssoftware Sunny Design Pro, welche die SMA Solar Technology AG (SMA) auf der Intersolar Europe in München vorgestellt hat, berücksichtigt neben elektrischen Stromerzeugern und –verbrauchern auch Batteriespeicher und thermische Komponenten wie Blockheizkraftwerke und Wärmepumpen. Sunny Design Pro erstellt in kürzester Zeit eine umfassende Systemdarstellung mit allen wichtigen energetischen und wirtschaftlichen Kennzahlen. Anlagenplaner, Fachhandwerker und Energieberater können ihren Kunden auf dieser Basis aussagekräftige Entscheidungsgrundlagen liefern und valide Prognosen über die Wirtschaftlichkeit des geplanten Energiesystems treffen.

„Mit Sunny Design Pro hat SMA als erster Hersteller eine Software entwickelt, mit der die Sektorenkopplung gerade in gewerblichen Anwendungen sehr effizient geplant werden kann“, erklärt Dr. Thomas Straub, Senior Product Manager bei SMA und verantwortlich für das neue Sunny Design Pro. „Die Stärke des Programms liegt einerseits in der ganzheitlichen Sicht auf die elektrischen und thermischen Aspekte des Energiesystems und der kundengerechten Aufbereitung der Resultate. Andererseits können die Energieflüsse durch die integrierten Funktionen unserer Energiemanagement-Plattform ennexOS optimiert werden. So sparen die Betreiber erheblich Kosten ein.“

Umfassende Dokumentation für komplette Systeme
Bisher mussten die einzelnen Sektoren eines Energiesystems jeweils separat geplant und berechnet werden, die Zusammenführung der einzelnen Ergebnisse war nicht ohne erheblichen Aufwand möglich. Sunny Design Pro bildet jetzt zum ersten Mal das Gesamtsystem ab und bezieht alle Energieerzeuger und -verbraucher mit ein. Anlagenplaner erhalten eine umfassende Projektdokumentation der geplanten Gesamtanlage und können ihren Kunden damit eine aussagekräftige Entscheidungsgrundlage anbieten.

Neben der Planung von Energiesystemen mit Sektorenkopplung können Anlagenplaner mit dem neuen Sunny Design Pro sowohl netzgekoppelte wie auch Off-Grid und PV-Hybrid-Systeme auslegen, Projekte speichern und verwalten sowie eigene PV-Module, Standorte und Verbrauchsprofile erstellen. Darüber hinaus bietet Sunny Design Pro die Möglichkeit, Bezugs- und Einspeisetarife flexibel zu verwalten, Verbrauchs- und Lastganganalysen zu erstellen und den Einsatz von Batteriespeichern auch in Peak-Load-Shaving-Anwendungen zu simulieren.

Mehr Informationen zum neuen Sunny Design Pro finden Sie auf der SMA Webseite und auf dem SMA Blog Sunny.


Über SMA
Die SMA Gruppe ist mit einem Umsatz von rund 900 Millionen Euro im Jahr 2017 ein global führender Spezialist für Photovoltaik-Wechselrichter, einer zentralen Komponente jeder Solarstromanlage. SMA bietet ein breites Produkt- und Lösungsportfolio an, das einen hohen Energieertrag für solare Hausdachanlagen, gewerbliche Solarstromanlagen und große Solarkraftwerke ermöglicht. Zur effizienten Steigerung des PV-Eigenverbrauchs kann die SMA Systemtechnik einfach mit unterschiedlichen Batterietechnologien kombiniert werden. Intelligente Energiemanagement-Lösungen, digitale Energielösungen sowie umfangreiche Servicedienstleistungen bis hin zur operativen Betriebsführung von Solarkraftwerken runden das Angebot von SMA ab. Hauptsitz des Unternehmens ist Niestetal bei Kassel. SMA ist in 20 Ländern vertreten und beschäftigt weltweit mehr als 3.000 Mitarbeiter, davon allein 500 in der Entwicklung. Die mehrfach ausgezeichnete Technologie von SMA ist durch über 1.100 Patente und eingetragene Gebrauchsmuster geschützt. Die Muttergesellschaft SMA Solar Technology AG ist seit 2008 im Prime Standard der Frankfurter Wertpapierbörse (S92) notiert und aktuell als einziges Unternehmen der Solarbranche im TecDAX gelistet.


SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Germany

Leitung Unternehmenskommunikation:
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Tel. +49 561 9522-2805
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Kontakt Presse:
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Disclaimer:
Diese Pressemitteilung dient lediglich zur Information und stellt weder ein Angebot oder eine Aufforderung zum Kauf, Halten oder Verkauf von Wertpapieren der SMA Solar Technology AG („Gesellschaft“) oder einer gegenwärtigen oder zukünftigen Tochtergesellschaft der Gesellschaft (gemeinsam mit der Gesellschaft: „SMA Gruppe“) dar noch sollte sie als Grundlage einer Abrede, die auf den Kauf oder Verkauf von Wertpapieren der Gesellschaft oder eines Unternehmens der SMA Gruppe gerichtet ist, verstanden werden.

Diese Pressemitteilung kann zukunftsgerichtete Aussagen enthalten. Zukunftsgerichtete Aussagen sind Aussagen, die nicht Tatsachen der Vergangenheit beschreiben. Sie umfassen auch Aussagen über unsere Annahmen und Erwartungen. Diese Aussagen beruhen auf Planungen, Schätzungen und Prognosen, die der Geschäftsleitung der SMA Solar Technology AG (SMA oder Gesellschaft) derzeit zur Verfügung stehen. Zukunftsgerichtete Aussagen gelten deshalb nur an dem Tag, an dem sie gemacht werden. Zukunftsgerichtete Aussagen enthalten naturgemäß Risiken und Unsicherheitsfaktoren. Verschiedene bekannte wie auch unbekannte Risiken, Ungewissheiten und andere Faktoren können dazu führen, dass die tatsächlichen Ergebnisse, die Finanzlage, die Entwicklung oder die Performance der Gesellschaft wesentlich von den hier gegebenen Einschätzungen abweichen. Diese Faktoren schließen diejenigen ein, die SMA in veröffentlichten Berichten beschrieben hat. Diese Berichte stehen auf der SMA Webseite www.SMA.de zur Verfügung. Die Gesellschaft übernimmt keinerlei Verpflichtung, solche zukunftsgerichteten Aussagen fortzuschreiben und an zukünftige Ereignisse oder Entwicklungen anzupassen.

Read more: Sunny Design Pro von SMA ermöglicht...

Smarter E Award recognizes NREL/CAISO/First Solar joint grid reliability study

TEMPE, Ariz., July 12, 2018 (GLOBE NEWSWIRE) -- In the award citation, the Smarter E review jury called the study “proof of concept… a game-changer for large-scale solar plants” that demonstrated how “solar power plants can not only reduce the need for carbon-emitting resources, but can also improve system performance and operate with significantly higher levels of variable generation.”First Solar, Inc. (Nasdaq:FSLR) has received the inaugural Smarter E Award for an Outstanding Project, presented last week at the InterSolar EU conference in Munich. The award recognized a ground-breaking test conducted jointly by First Solar, the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and grid operator California ISO (CAISO) on a 300MW utility-scale photovoltaic (PV) power plant in California to demonstrate its ability to provide highly responsive services essential for maintaining reliability of the grid.

“The results of this project can be used as a door opener to convince stakeholders that utility-scale solar can contribute to the reliability and stability of the grid and provide essential grid services that are today often associated with conventional generation,” the citation concluded.

“This award is for all of us in the solar industry,” said Mahesh Morjaria, First Solar’s Vice President of Systems Development, in accepting the award. “The study proves that more solar can be integrated into the grid, enabling even further growth in the PV industry.”

First Solar, CAISO and NREL carried out tests that successfully demonstrated that utility-scale solar PV resources can be relied upon to provide essential reliability services. The tests, which were conducted on a newly built 300 MW solar PV plant, demonstrated the role of advanced power controls in leveraging solar PV’s value from simply an intermittent energy resource to providing services, including spinning reserves, load following, voltage support, ramping, frequency response, variability smoothing, frequency regulation, and improved power quality.

“The project team carried out a pioneering demonstration concept to show how various types of active and reactive power controls can leverage PV generation’s value from being a simple variable energy resource to a resource that provides a wide range of essential reliability services,” said Vahan Gevorgian, chief engineer in NREL’s Integrated Devices and Systems group and principal investigator with the project.

The tests demonstrated that solar plants can react rapidly to grid signals regarding frequency regulation, and more accurately than conventional generation such as thermal, hydro or gas turbines – and can be tightly regulated.

Criteria for the Outstanding Project 2018 Award included demonstration that the nominated project was exemplary for global future applications and was unique in its realization. Heavy emphasis was placed on innovation and a pioneering spirit in the exploration of renewable energy applications. The Smarter E Awards program was introduced at the 2018 InterSolar EU conference as a way to recognize groundbreaking work in the energy transition towards a low carbon future.

About First Solar, Inc.

First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced module and system technology. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar’s renewable energy systems protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com.

For First Solar Investors

This release contains forward-looking statements which are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements concerning: the receipt of an award for a joint grid reliability study. These forward-looking statements are often characterized by the use of words such as “estimate,” “expect,” “anticipate,” “project,” “plan,” “intend,” “seek,” “believe,” “forecast,” “foresee,” “likely,” “may,” “should,” “goal,” “target,” “might,” “will,” “could,” “predict,” “continue” and the negative or plural of these words and other comparable terminology. Forward-looking statements are only predictions based on our current expectations and our projections about future events and therefore speak only as of the date of this release. You should not place undue reliance on these forward-looking statements. We undertake no obligation to update any of these forward-looking statements for any reason, whether as a result of new information, future developments or otherwise. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by these statements. These factors include, but are not limited to, the matters discussed under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Conditions and Results of Operations” of our most recent Annual Report on Form 10-K and our subsequently filed Quarterly Reports on Form 10-Q, as supplemented by our other filings with the Securities and Exchange Commission.

Contacts

First Solar Media
Steve Krum
+1 602-427-3359
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First Solar Investors
Stephen Haymore
+1 602-414-9315
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SOURCE: First Solar, Inc.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0f8f4b8e-11e4-4b69-b5c4-b875c68f5cc7

 

Primary Logo

Source: First Solar, Inc.

Read more: First Solar Receives Outstanding Project Award...

 

• The 100,000 square metre technology campus aims to stimulate research and innovation in the renewable energy sector, hosting start-ups, SMEs and other national and international companies to collaborate through industrial partnerships;
• The facility's laboratories will also focus on new digital technologies, including IoT, big data, automation, artificial intelligence and augmented reality, as well as maintaining a strong orientation towards experimenting with 'disruptive' systems for the energy field;
• The Catania Centre is optimally integrated with the network of Innovation Hubs Enel has set up in the areas of the world with the highest rate of innovation.

With this objective in mind, Enel created its new 'Innovation Hub & Lab' in Passo Martino, in the province of Catania. It is a 100,000 square metre complex with latest-generation laboratories, ready to host start-ups, small and medium-sized enterprises and other national and foreign companies, as well as world-class research centres. The technologically cutting-edge facility was inaugurated today, with Salvo Pogliese, the Mayor of Catania, Antonio Cammisecra, Head of Enel Green Power (EGP), Enel's Global Renewable Energy Division, and Ernesto Ciorra, Enel’s Head of Innovability (Innovation and Sustainability) in attendance.

The 'Innovation Hub & Lab' in Catania will work not only on the development and advanced experimentation of solar energy generation technologies, but also on the development of disruptive solutions in the energy field with particular focus on the use of new technologies such as IoT (Internet of things), big data, automation and artificial intelligence, augmented reality; in line with Enel Group's Open Power philosophy, it will do so by forging on-going collaborations with start-ups and SMEs to lead to industrial partnerships. The most promising companies, selected at local, national and international level, will have the opportunity to test their solutions at the Passo Martino complex, supported by highly specialized Enel personnel and using the Centre's accredited laboratories, experimenting with innovative technologies especially in the field of renewable sources, such as solar, thermal and photovoltaic, micro-grids, storage and wind, with indoor and outdoor testing.

The start-ups and SMEs will be chosen through special calls published on Enel's crowdsourcing platform (openinnovability.enel.com) or through direct scouting throughout the company’s network of relationships in Italy and abroad. The Catania Centre is optimally integrated with the network of Innovation Hubs Enel has set up in the areas of the world with the highest rate of innovation (to date: Madrid, Moscow, Rio de Janeiro, Santiago de Chile, Tel Aviv, and San Francisco) and offers access to a unique wealth of know-how, expertise, data, mentorship and support in raising capital, both through Enel's venture capital partner funds and through banks as well as public financing.

Read more: Enel Inaugurates Catania's ‘Innovation Hub &...

ENGIE and Nexity have concluded a financial and technological partnership to acquire and transform together into an exemplary eco-district, a 9-hectares plot of industrial land at La Garenne-Colombes, in the Hauts-de-Seine department (92). This new Paris La Défense centre would in particular host a future ENGIE eco-campus. The two groups will pool their respective know-how about sustainable cities and energy transition in order to develop this general interest urban project, in close collaboration with the municipality and the public actors.

Designed for the future users, residents and employees, and as a showcase of the energy and environmental transition, this ambitious project is located within the scope of a Redevelopment and Sustainable Development Project of the municipality of La Garenne-Colombes, on a site acquired from the PSA group which will be made available in late 2018.

For ENGIE, in compliance with the prerogatives of the representative bodies of the staff concerned, this would mean creating, by 2022-2023, a bespoke campus of more than 120,000 m², conceived according to the best standards of quality of life at work, thereby bringing together the Île-de-France teams within a unifying place, promoting cooperation, cross-disciplinarity and openness.

This project will be the showcase of the ENGIE Group’s strategy, part of an environmental approach contributing both to economic and social progress that is harmonious and sustainable. Located in a wooded urban site near Paris, this future eco-campus will illustrate the expertise of ENGIE and its teams in building the smart city of tomorrow”, Pierre Deheunynck, ENGIE Executive Vice President and member of the Executive Committee, welcomed.

Our strength on ENGIE’s tertiary campus is to provide tailor-made answers to the needs and uses expressed, but also to articulate the DNA of ENGIE through its new premises. This adhesion is capital. I am proud that ENGIE will become a showcase of our corporate property know-how and that we are developing together a new area in La Garenne-Colombes”, Véronique Bédague, Chairwoman and CEO of Nexity Immobilier d’Entreprise, said.

Philippe Juvin, Mayor of La Garenne-Colombes and an MEP, also welcomed this operation: “This area was a terra incognita for the municipality. We are going to make it into a living district. Eventually, the overall urban project will include, in addition to the ENGIE campus, a mixed programme of offices, housing, shops and a hotel, a new PSA branch, and community facilities (large public park, school, crèche, gymnasium, etc.)”.

Finally, Marie-Célie Guillaume, CEO of the Paris La Défense establishment, is pleased with “the decision of ENGIE, an historial partner of Paris La Défense, to locate in this area the showcase of its know-how in terms of smart and sustainable city. This ambitious tertiary and mixed centre, will complement the development of the neighbouring district of Les Groues, that we are also redesigning. It will contribute to the attractiveness of the largest business district in Europe”.

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated - low-carbon, high-performing and sustainable - offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more : www.engie.com

Read more: ENGIE, in partnership with Nexity, plans to...

LOS GATOS, Calif.--(BUSINESS WIRE)--Tigo®, pioneer of the smart modular Flex MLPE platform, today announced the availability of its new Tigo Access Point (TAP). The TAP is Tigo’s new wireless device for communication between the Cloud Connect Advanced (CCA) universal data logger and the TS4 units - integrated (TS4-X), retrofitted/add-on (TS4-R-X), and retrofitted/add-on for 2 modules (TS4-R-X-Duo). Similar to the Tigo’s legacy Gateway product, the TAP is small in size with a wider range and increased module capacity. TAP is now shipping worldwide. Consult your preferred PV supplier, or contact This email address is being protected from spambots. You need JavaScript enabled to view it. for more information.

The TAP improves the data management of residential, commercial, and industrial solar systems by wirelessly communicating with smart modules. Each TAP collects data from up to 300 TS4 units (~100kW systems) or up to 600 modules using TS4-R-X-Duo (~160kW systems). It also greatly improves safety with module-level deactivation for Rapid Shutdown. When paired with a CCA, the TAP provides unparalleled visibility into solar installations.

The highlights of TAP include:

• UL-Certified for Rapid Shutdown

• Outdoor rating of IP68

• Module-level deactivation

• High definition, sampling as low as every 2 seconds

• Scalable architecture

• Mounts easily on module frame without tools

• Simplified installation due to new & improved wiring compartment

• Available for new integrated & retrofitted/add-on systems

“The new TAP was developed in response to the growing demand for reliable Rapid Shutdown solutions,” says Zvi Alon, Chairman & CEO at Tigo. “Our main goals were to improve visibility, simplify installation, and ensure safety in a communication device that can now individually collect data from hundreds of smart modules. Tigo's commercial and industrial project partners with large PV systems especially benefit from this cost-competitive solution in time for NEC 2017 to take effect.”

What comprises a Tigo system with TAP?

The Tigo system has three components. First, the TAP which wirelessly communicates with the smart modules and is hardwired to the CCA via a RS485 cable. Second, the smart PV modules that are equipped with integrated (TS4-X), retrofitted/add-on (TS4-R-X), or retrofitted/add-on for 2 modules (TS4-R-X-Duo). Third, the CCA which collects data from all PV system components – including modules, inverters, revenue-grade meter, etc. – and sends system information to the cloud.

Tigo’s TAP is ready to order and shipping now via distributors and partners worldwide. For price and delivery call +1.408.402.0802 ext. 1, contact This email address is being protected from spambots. You need JavaScript enabled to view it., or visit www.tigoenergy.com.

About Tigo Energy, Inc.

Tigo is a Silicon Valley company founded in 2007 by a team of experienced technologists. Combining a unique systems-level approach with expertise in semi-conductors, power electronics, and solar energy, the Tigo team developed the first-generation Smart Module Optimizer technology for the solar industry. Tigo's vision is to leverage integrated and retrofitted Flex MLPE and communications technology to drive the cost of solar electricity down. By partnering with tier 1 module and inverter manufacturers in the industry, Tigo is able to focus on its key innovation with the smartest TS4 modular platform and leverage the broader ecosystem. Tigo has operations in the USA, across Europe, Latin America, Japan, China, Australia and the Middle East. Visit www.tigoenergy.com.

Read more: Tigo Introduces New Tigo Access Point (TAP) as...

 

Project Tonstad is located in the municipalities of Sirdal and Flekkefjord in the South of Norway and will have a capacity of 208 MW consisting of 51 turbines supplied by Siemens Gamesa Renewable Energy. Once operational, the wind farm will be one of the largest in Norway, and will sell all energy produced to Hydro Energi, a wholly-owned subsidiary of the Norwegian aluminium producer Hydro. The annual production will be around 0.7 TWh, and will save approximately 180,000 tons of CO2 emission, compared to the average European emission per KWh1.

ENGIE developed the project and will continue to manage the construction and provide operational support to the windfarm, retaining a 20% stake in the project. SUSI Partners AG (SUSI) provided financial structuring support and the SUSI Renewable Energy Fund II will be the majority investor in the wind park with a stake of 80%. The project debt financing package for the wind farm will be provided by German Landesbank Baden-Württemberg (LBBW).

Hydro Energi signed a green Power Purchase Agreement (PPA) to offtake all the electricity produced for 25 years, demonstrating the growing appetite of industrial energy users to secure long-term delivery of sustainable and competitively priced electricity. The PPA allows Hydro to produce each year around 50,000 tons of aluminium at its Norwegian plants with electricity from a renewable source. Hydro Energi will also be the balancing and nomination responsible during commissioning and for the duration of the PPA.

This project will bring additional economic activities to the region and will be developed with dedicated care to its social and environmental impact.

Sandra Roche, CEO ENGIE Nordics, comments: “Tonstad is an important project for ENGIE, as a direct application of the strategy to develop large wind projects in partnership with big industrial offtakers and a financial equity partner. It is also a first step for ENGIE in renewables in the Nordics, where the group intends to further expand its activities, in contribution to the ongoing energy transition.”

Marco van Daele, Chief Investment Officer SUSI Partners, adds: “SUSI’s investment mandate is dedicated to financing the global energy transition. Project Tonstad is a prime example of this: the project brings together the latest technology wind turbines and a bespoke, long-term offtake agreement with an industrial company for a large-scale renewable generation project with a highly competitive levelized cost of energy. We have worked with ENGIE for a prolonged period to structure the project and are very pleased with the collaboration and outcome, and look forward to cooperating with all parties involved again in the future.”

Thomas Christian Schulz, head of Infrastructure and Transportation Finance LBBW also declared: "LBBW is delighted to finance this important transaction together with ENGIE and SUSI as Sponsors as well as Hydro as a strategic and long term PPA Partner in the increasingly important Scandinavian market.”

With a portfolio of 4,8 GW in wind, including 3,4 GW in Europe, and 1,3 GW under construction worldwide2, ENGIE reaffirms its commitment to ever cleaner energy for its customers, either individuals, industrial clients or municipalities.

Tonstad is the latest addition to SUSI Partner’s sustainable infrastructure investment portfolio currently comprising 62 projects across four funds in the fields of renewable energy, energy efficiency, and energy storage.

1. Source : Pwc France 25 January 2018 European carbon factor =275 g/KWh
2. Figures at 100% as per 31/12/2017.

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated - low-carbon, high-performing and sustainable - offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow. 2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).

Investors relations contact: T: +33(0)1 44 22 66 29 - E: ir[.]engie.com.

About SUSI Partners AG
SUSI Partners AG (susi-partners.ch) is an innovative Swiss asset manager specializing in sustainable infrastructure investments. SUSI invests in assets along the value chain of the energy transition and currently manages four funds through the general partner Sustainable Sàrl (LUX) in the areas of renewable energy, energy efficiency and energy storage. The aim of all funds is to achieve stable, uncorrelated returns by investing in projects with measurable ecological impact. The SUSI Renewable Energy Fund II, managed by SUSI Partners AG, offers investment opportunities in renewable energy infrastructure (wind & solar) in Europe to institutional investors. The fund is closed and has a capacity of EUR 382 million.

SUSI Press contacts:
Dr. Andreas Müller, Director, Media Relations
Julia Hayoz, Analyst, Media Relations
T: +41 44 386 98 39 - E: media[.]susi-partners.ch.

Read more: ENGIE and SUSI to Construct 208 MW Norwegian...

Olivier Sala

Olivier Sala  is appointed Managing Director ENGIE Digital as of 1st August 2018. He will report to Yves Le Gélard, Executive Vice President of ENGIE, Chief Digital Officer, in charge of Group Information Systems.

With a Master of Engineering from Université de Technologie de Compiègne and an MBA from ESSEC Business School, Olivier Sala began his career at Air Liquide before going into consulting, first at AT Kearney and then at the Boston Consulting Group, where he spent five years working in strategy, organisation and operational efficiency.

In 2005, he joined ENGIE Group to develop Gaz de France’s Marketing Department in the wake of the deregulation of the French energy market. In 2008, he was appointed Head of Sales & Marketing France for BtoC customers, in charge of sales, marketing and communication for the new entity.

He joined Gaz Electricité de Grenoble as CEO in 2011. He was also president of the trade union Entreprises Locales d’Energie (local energy companies) and vice president of the French electricity union UFE. In April 2015, Olivier Sala was appointed CEO of ENGIE IT.

Matthieu Pestel

Matthieu Pestel succeeds Olivier Sala as CEO of ENGIE IT within Global Business Support starting on the 19th of July 2018.

After graduating from Télécom ParisTech in 1997, Matthieu Pestel worked as a consultant for Eurogroup Consulting on many complex transformation projects in the industry and service sectors. In 2006, he moved to Morocco to develop new businesses and manage projects. Upon his return to France late 2008, he specialised in IT governance, managing projects for major Groups (Société Générale, Safran and RATP).

In June 2011, he joined GDF SUEZ as Deputy General Secretary of the Group IT Department in charge of managing performance and transformation activities. In July 2013, he was named Head of IS Functional Line Oversight and Governance at the Corporate IT Department in charge of Group IT policies, IT Project assurance, IT risks management and Performance plan.

Since January 1st 2016, Matthieu Pestel has been Deputy Group CIO in charge of Digital & IT Governance at ENGIE.

About ENGIE

We are a global energy and services group with three core businesses: low-carbon power generation, including natural gas and renewable energy, energy infrastructure and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy for all, or mobility, and offer our private customers, businesses and communities energy production solutions and services that reconcile individual interests and collective challenges. Low in carbon, our integrated, high-performance and sustainable offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of life and work. Our ambition is every day carried by each of our 150,000 employees in 70 countries. Together with our customers and partners, they are a community of imaginative builders who imagine and build solutions for the future. 2017 turnover: 65 billion euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial indices (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more: www.engie.com

Read more: Appointments

DEER PARK, Ill.--(BUSINESS WIRE)--PureGen Power, LLC, a clean energy asset ownership company, today announced the acquisition of a 1.16MW solar power plant in Visalia, California - the first of several planned for the company’s inaugural investment fund, PureGen Solar One.

Commissioned in 2009, the Visalia power plant consists of 5,500 solar PV modules ground mounted on a single-axis tracking system with energy provided to the commercial site host.

The transaction took seven weeks to complete from term sheet to final documents, demonstrating PureGen Power’s commitment to a highly efficient due diligence and transaction process. By capitalizing on its technical and financial expertise, the company also aims to close all future acquisitions in 60 days or less, even when executing complex transactions.

“A year ago, we embarked on a plan to build a portfolio of operating solar power plants to advance our vision of a clean energy future. This acquisition takes an important step toward realizing that goal,” said David Brochu, CEO, PureGen Power. “Our unique model allows us to deliver real value to owners who want to monetize operating plants and reinvest that value into new opportunities.”

Leveraging strategic vision, a deep knowledge of technology and decades of experience in the solar energy industry, PureGen Power is actively seeking to acquire operating solar power plants of all sizes, ages, and operating performance.

Mitchell Randall, PureGen Power President and Chief Legal Officer said, “We focus on providing good value for assets in their current condition, using a low-burden, low-risk transaction process. This includes reasonable, streamlined terms that reduce internal resource needs and support closing quickly. Owners have responded very positively to our approach, and we’re excited to have a robust pipeline of future transactions.”

For more information about PureGen Power, please visit www.puregenpower.com.

About PureGen Power:

PureGen Power acquires operating solar and other clean energy power plants by partnering with owners to execute streamlined transactions that monetize long-term project value today. The company applies its extensive industry expertise to optimize performance of clean energy power plants and creatively solve financing, technical and operating challenges. PureGen Power’s mission is to accelerate the transition to clean energy and protect precious natural resources for future generations. For more information, visit www.puregenpower.com.

Read more: PureGen Power Announces Acquisition of Operating...

NEW DELHI--(BUSINESS WIRE)--Azure Power (NYSE: AZRE) announced that its portfolio has surpassed 3 GWs, reinforcing the company’s position as a leading independent solar power producer in India. This milestone was achieved with the company’s recent win of a 300 megawatt (MW) solar power project in the largest solar auction conducted by Solar Energy Corporation of India (SECI), a Government of India enterprise and a company with an AA+ domestic debt rating by ICRA, a Moody’s company. With this win, 87% of Azure Power’s 2.2 GW contracted pipeline is with counterparties that have A to AAA domestic debt ratings. Over 1 GW of the pipeline is with sovereign counterparties.

The 300 MWs are an Interstate Transmission System (ISTS) grid connected solar PV project. Azure Power will sign a 25-year power purchase agreement with SECI to supply power at a tariff of INR 2.64 (~US 3.9 cents) per kWh which was 8% above the lowest bid in the auction. The project can be developed outside a solar park anywhere in India and is expected to be commissioned by 2020.

Commenting on the occasion, Mr Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “We started with the vision of providing affordable solar power for generations and the mission to be the lowest cost power producer in the world. Through our collective efforts and support from our stakeholders, we have achieved this important milestone of crossing a 3 GW portfolio with large scale, mini/micro grid and rooftop projects across the country. This achievement is a testament to our strong project development, engineering, and execution capabilities. We are delighted to make this contribution towards the realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation.”

Azure Power was founded by Inderpreet Wadhwa in 2008 with a vision of providing affordable solar power in an efficient, sustainable and socially responsible manner. Azure Power has rapidly grown to become one of the largest solar power developers in the India. The company started its journey over ten years ago by developing India’s first private utility scale solar plant, a 2 MW plant in Awan Punjab. Over the last decade, the company has witnessed tremendous growth and has installed over 1 GW of solar capacity with a footprint across 23 states in India. The company is backed by several marquee investors such as Caisse de dépôt et placement du Québec (CDPQ), International Finance Corporation (IFC), Helion Venture Partners, Société de Promotion et de Participation pour la Coopération Économique (PROPARCO), Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) and Netherlands Development Finance Company (FMO).

About Azure Power
Azure Power (NYSE: AZRE) is a leading independent solar power producer with a pan-Indian portfolio over 3 gigawatts. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale, rooftop to mini & micro grids, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.

For more information, visit: www.azurepower.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that could cause the Company’s results to differ materially from those expressed or implied by such forward-looking statements include: the availability of additional financing on acceptable terms; changes in the commercial and retail prices of traditional utility generated electricity; changes in tariffs at which long term PPAs are entered into; changes in policies and regulations including net metering and interconnection limits or caps; the availability of rebates, tax credits and other incentives; the availability of solar panels and other raw materials; its limited operating history, particularly as a new public company; its ability to attract and retain its relationships with third parties, including its solar partners; its ability to meet the covenants in its debt facilities; meteorological conditions and such other risks identified in the registration statements and reports that the Company has filed with the SEC from time to time. In the press release, megawatts portfolio represents the aggregate megawatt capacity of solar power plants pursuant to PPAs, signed or allotted or where the Company has been cleared as one of the winning bidders or won reverse auction, but yet to receive letter of allotment. All forward-looking statements in this press release are based on information available to us as of the date hereof, and the Company assumes no obligation to update these forward-looking statements.

Read more: Azure Power’s Portfolio Surpasses 3 Gigawatts

First Solar, Inc. to Announce Second Quarter 2018 Financial Results on July 26, 2018

TEMPE, Ariz., July 12, 2018 (GLOBE NEWSWIRE) -- First Solar, Inc. (NASDAQ: FSLR) will report financial results for the second quarter ended June 30, 2018, after the market closes on Thursday, July 26, 2018. The Company will hold its quarterly conference call to discuss these results and updated outlook for 2018 at 4:30 p.m. ET. Investors may access a live webcast of this conference call by visiting investor.firstsolar.com.

An audio replay of the conference call will be available approximately two hours after the conclusion of the call. The audio replay will remain available until Thursday, August 2, 2018 at 7:30 p.m. ET and can be accessed by dialing 888-203-1112 if you are calling from within the United States or 719-457-0820 if you are calling from outside the United States and entering the replay pass code 6703587. A replay of the webcast will also be available on the Investors section of the Company’s website approximately two hours after the conclusion of the call and remain available for approximately 90 calendar days.

About First Solar, Inc.

First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced module and system technology. The Company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar’s renewable energy systems protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com.

For First Solar Investors

This release contains forward-looking statements which are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements, among other things, concerning: effects on our financial statements and guidance resulting from certain module manufacturing changes and associated restructuring activities; our business strategy, including anticipated trends and developments in and management plans for our business and the markets in which we operate; future financial results, operating results, revenues, gross margin, operating expenses, products, projected costs (including estimated future module collection and recycling costs), warranties, solar module technology and cost reduction roadmaps, restructuring, product reliability, equity method investments and capital expenditures; our ability to continue to reduce the cost per watt of our solar modules; the impact of public policies, such as tariffs or other trade remedies imposed on solar cells and modules; our ability to expand manufacturing capacity worldwide; our ability to reduce the costs to develop and construct PV solar power systems; research and development programs and our ability to improve the conversion efficiency of our solar modules; sales and marketing initiatives; and competition. In some cases, you can identify statements by forward-looking words, such as "estimate," "expect," "anticipate," "project," "plan," "intend," "seek," "believe," "forecast," "foresee," "likely," "may," "should," "goal," "target," "might," "will," "could," "predict," "continue" and the negative or plural of these words and other comparable terminology. Forward-looking statements are only predictions based on our current expectations and our projections about future events. You should not place undue reliance on these forward-looking statements. We undertake no obligation to update any of these forward-looking statements for any reason, whether as a result of new information, future developments, or otherwise. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by these statements. These factors include, but are not limited to, the matters discussed in Item 1A. "Risk Factors" of our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission.

Contacts

First Solar Investor Relations
Steve Haymore
+1 602-414-9315
This email address is being protected from spambots. You need JavaScript enabled to view it.

First Solar Media
Steve Krum
+1 602-427-3359
This email address is being protected from spambots. You need JavaScript enabled to view it.

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Source: First Solar, Inc.

Read more: First Solar, Inc. to Announce Second Quarter...

SAN FRANCISCO--(BUSINESS WIRE)--8minutenergy Renewables, LLC (“8minutenergy”), the largest independent solar power developer in the U.S., has energized Phases 1 and 2 of the 328 megawatt-dc Mount Signal 3 solar photovoltaic (PV) project in the city of Calexico in California’s Imperial Valley. The project is part of the 800 MW Mount Signal Solar Farm, which is among the largest PV installations in the world. With full commissioning of the plant underway, 8minutenergy expects to bring Mount Signal 3 to commercial operation by the end of 2018.

“We’re proud to hit this exciting phase of the Mount Signal solar cluster--one of the largest in the world. This project is important to the Imperial Valley’s future given the amount of abundant and reliable solar power that will be delivered to the region for decades to come,” said 8minutenergy CEO and Founder, Martin Hermann. “As the original developer of the 260 MW Mount Signal 1 project, we are thrilled to see the next project coming to fruition.”

8minutenergy and Capital Dynamics announced the acquisition of MS3 less than a year ago, with 8minutenergy continuing as the developer of the project. Benoit Allehaut, who led the acquisition by Capital Dynamics, described the value of the ongoing partnership between both firms: “Capital Dynamics is delighted about the excellent progress on Mount Signal 3. 8minutenergy demonstrated its world-class development and construction management capabilities with a project ahead of schedule and on-budget."

Mortenson Construction is providing the engineering, procurement, and construction (EPC) contracting. First Solar supplied the 2.8 million Series 4 thin-film solar panels being used, and NEXTracker supplied its NX Horizon smart solar tracker. Southern California Edison and 8minutenergy signed a long-term power purchase agreement for the project’s clean energy in 2014.

“All of our dedicated partners have been invaluable in ensuring this important project will be completed on time,” said 8minutenergy President and Co-Founder, Tom Buttgenbach. “We would like to thank Imperial County’s Board of Supervisors, and the entire staff of the County administration, all of whom have been continuously supportive during the construction of this project. We send additional thanks to the local community, environmental groups, and an outstanding local workforce for enabling us to build Mount Signal 3 ahead of schedule, and in an environmentally-friendly manner.”

Once complete, Mount Signal 3 will deliver over 770 million kilowatt hours (kWh) of clean, renewable power to residents of the 15 surrounding counties each year--enough energy to power more than 114,000 homes, and reduce carbon emissions by more than 530,000 metric tons each year. Mount Signal 3 is being built upon 2,000 acres of formerly low-productivity farmland, and its creation will significantly reduce water usage in the region, as well as protect wildlife habitat during construction and operation. Mount Signal 3’s development and construction is creating over 600 jobs in the region.

About 8minutenergy Renewables, LLC

Founded in 2009, 8minutenergy Renewables is the nation’s largest independent developer of solar PV and storage projects. To date, 8minutenergy has 8.5 GW of PV and storage under development in North America, operates 800+ MW in solar assets, and been awarded nearly 2 GW in power purchase agreements. The company is developing some of the largest solar plants in the world, including the 800 MW Mount Signal farm in California. 8minutenergy has an unmatched ability to produce affordable clean energy, and to deliver strong financial returns on utility-scale solar and storage projects.

Read more: 8minutenergy Energizes Phases 1 and 2 of 328 MW...

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