NEW DELHI--(BUSINESS WIRE)--Azure Power (NYSE: AZRE), a leading independent solar power producer in India, announced that its portfolio has crossed the 2 GW milestone by winning four 50 MW projects for a cumulative capacity of 200 MWs in the state of Maharashtra. The solar power project was auctioned by Maharashtra State Power Generation Co. Ltd. (Mahagenco), the second highest generation company in India, which is owned by the Government of Maharashtra. Azure Power will sign a 25 year Power Purchase Agreement (PPA) with Mahagenco at a tariff of INR 3.07 (~US 4.7 cents) per kWh. The project will be developed outside a solar park and is expected to be commissioned in 2019. These 200 MWs won are in addition to the recently 130 MWs won with Maharashtra State Electricity Distribution Company Limited (MSEDCL) in Maharashtra, bringing Azure Power’s total portfolio to 337 MWs, making the company one of the largest solar power suppliers to the state.

Commenting on the occasion, 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 2 GW portfolio through large scale, mini/micro grid and rooftop solutions across the entire 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 1,000 MWs of solar capacity, with a footprint across 23 states in India. Approximately 80% of Azure Power’s projects are with counterparties with domestic debt ratings that are A or higher and the company is backed by several marquee investors such as Caisse de dépôt et placement du Québec (CDPQ), International Finance Corporation (IFC), HelionVenture Partners, Foundation Capital, 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 with a pan-Indian portfolio. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale, rooftop to mini & micro grids, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.

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

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s future financial and operating guidance, operational and financial results such as estimates of nominal contracted payments remaining and portfolio run rate, and the assumptions related to the calculation of the foregoing metrics. The risks and uncertainties that could cause the Company’s results to differ materially from those expressed or implied by such forward-looking statements include: the availability of additional financing on acceptable terms; changes in the commercial and retail prices of traditional utility generated electricity; changes in tariffs at which long term PPAs are entered into; changes in policies and regulations including net metering and interconnection limits or caps; the availability of rebates, tax credits and other incentives; the availability of solar panels and other raw materials; its limited operating history, particularly as a new public company; its ability to attract and retain its relationships with third parties, including its solar partners; its ability to meet the covenants in its debt facilities; meteorological conditions and such other risks identified in the registration statements and reports that the Company has filed with the U.S. Securities and Exchange Commission, or SEC, from time to time. In the press release, portfolio and the project represent megawatts 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 a reverse auction but has yet to receive a 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.

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HSINCHU, May 22, 2018 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) will participate in SID's Display Week 2018 in Los Angeles from May 22 to 24 to debut the world's highest resolution(*) and full color TFT driven micro LED display technology, offering inspiring new directions for next-generation technology development.

Micro LED is a form of self-emissive display technology that adopts micro-LED array structure, featuring high brightness, high contrast ratio, wide color gamut, wide viewing angle, fast response time, slim and light design, and low power consumption. AUO will demonstrate the world's highest resolution(*) and full color TFT driven 8-inch micro LED display developed with LTPS-TFT backplane which allows each pixel to be lighted independently to realize more refined images with high dynamic range. The display also comes with superior design for low power consumption. An impressive 169 PPI pixel density is achieved by micro LEDs less than 30 micrometers in size. Combining color conversion technologies, the display is able to yield even more marvelous and accurate high dynamic range color performance.

AUO has taken the lead in the development of micro LED. This successful launch of the world's highest resolution(*) and full color TFT driven micro LED display technology indicates that AUO has achieved a technological breakthrough. AUO will continue to invest in R&D resources to secure core technologies and make more advancement in the future.

* Based on the available market research information as of May 22, 2018.

AUO photos can be downloaded at the Company's website: https://auo.com/en-global/Download_Photos 

Any use of photographs must cite the source thereof is from AU Optronics Corporation.

ABOUT AU OPTRONICS

AU Optronics Corp. (AUO) is one of the world's leading providers of optoelectronic solutions. AUO offers a full range of panel sizes and comprehensive applications ranging from 1.1 inches to 85 inches. Based on its profound R&D and manufacturing experience, AUO continues to develop advanced display technologies of the next generation. AUO extended its market to the green energy industry in 2008 and provides its customers with high-efficiency solar solutions. AUO currently has global operations in Taiwan, Mainland China, the U.S., Japan, South Korea, Singapore, the Netherlands, Czech and Slovakia. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO has also been named to Dow Jones Sustainability World Index from 2010 to 2017. AUO's consolidated net revenues in 2017 were NT$341.03 billion. For more information, please visit AUO.com.

Safe Harbour Notice 

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a global leader of TFT-LCD panels, today announced the above news. Except for statements in respect of historical matters, the statements contained in this Release include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our management's expectations, projections and beliefs at the time regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance of and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk Factors" in our Annual Report on Form 20-F filed with the United States Securities and Exchange Commission on March 29, 2018. In addition, our SEC reports, including our Annual Report on Form 20-F contains other information on these and other factors that could affect our financial results and cause actual results to differ materially from any forward-looking information we may provide. We undertake no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.

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FREMONT, Calif., May 21, 2018 /PRNewswire/ -- Ardelyx, Inc. (Nasdaq: ARDX), today announced it has entered into a $50.0 million senior secured term loan facility with Solar Capital Ltd. and the Life Sciences Group at Bridge Bank, a division of Western Alliance Bank. The loan was funded in full on May 16, 2018.

"With this additional capital, we have strengthened our position to execute our business strategy of developing disruptive treatments for renal diseases," said Mike Raab, president and chief executive officer of Ardelyx. "By using this debt instrument, we are able to reduce dilution to our shareholders in a meaningful way, while positioning us well to achieve several important milestones, including submitting the first New Drug Application for tenapanor in the second half of the year and advancing our second Phase 3 study of tenapanor in hyperphosphatemia."

About the Loan Agreement
The loan agreement with Solar Capital Ltd. and Bridge Bank provides for a $50.0 million senior secured term loan facility with a maturity date of November 1, 2022, or approximately 54 months after its initiation, with an interest rate of 7.45 percent plus the 30-day LIBOR. Additional information regarding the transaction can be found in the company's filings with the Securities and Exchange Commission on May 21, 2018, and its future current and periodic reports to be filed with the Securities and Exchange Commission.

About Ardelyx, Inc.
Ardelyx is focused on enhancing the way people with renal diseases are treated by developing first-in-class medicines. Ardelyx's renal pipeline includes the Phase 3 development of tenapanor for the treatment of hyperphosphatemia in people with end-stage renal disease who are on dialysis and RDX013, a potassium secretagogue program for the potential treatment of high potassium, or hyperkalemia, a problem among certain patients with kidney and/or heart disease. In addition, Ardelyx has completed Phase 3 development of tenapanor for the treatment of irritable bowel syndrome with constipation and anticipates submitting a New Drug Application to the U.S. Food and Drug Administration for this indication in the second half of 2018. To efficiently bring its treatments to market, Ardelyx is pursing strategic collaborations in the U.S. and other countries, including through established agreements with Kyowa Hakko Kirin in Japan, Fosun Pharma in China and Knight Therapeutics in Canada. For more information, please visit www.ardelyx.com/ and connect with us on Twitter @Ardelyx.

Forward Looking Statements
To the extent that statements contained in this press release are not descriptions of historical facts regarding Ardelyx, they are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor of the Private Securities Reform Act of 1995, including the potential for Ardelyx's product candidates in treating the diseases and conditions for which they are being developed; Ardelyx's expected timing for the filing of its NDA for tenapanor for the treatment of IBS-C, and Ardelyx's ability to establish collaborations in the future. Such forward-looking statements involve substantial risks and uncertainties that could cause the development of Ardelyx's product candidates or Ardelyx's future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, those uncertainties regarding the clinical development and regulatory process. Ardelyx undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Ardelyx's business in general, please refer to Ardelyx's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on May 8, 2018, and its future current and periodic reports to be filed with the Securities and Exchange Commission.

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CHANGZHOU, China, 21 de maio de 2018 /PRNewswire/ -- A Trina Solar Limited ("Trina Solar" ou a "empresa") anunciou que concluiu com sucesso a aquisição da Nclave Renewable S.L. ("Nclave"), a principal fabricante de sistema seguidor de energia solar do mundo, com sede na Espanha. Esta é a primeira vez que uma empresa chinesa de energia solar compra uma fabricante de seguidores de energia solar de fora de seu mercado doméstico, acelerando a transformação estratégica da Trina Solar de uma importante fornecedora de produtos FV para uma fornecedora mundial de soluções inteligentes de FV. A aquisição também marca outro sólido passo rumo à transformação estratégica da Trina Solar em uma empresa focada no desenvolvimento de soluções de energia renováveis e alternativas que funcionem em consonância com o ecossistema da internet das coisas (IoT).

Com a aquisição, as mais recentes soluções inteligentes de FV da Trina Solar, TrinaPro, serão diretamente incorporadas aos produtos de seguidor e designs de engenharia da Nclave, enquanto as tecnologias de ponta da Nclave também serão profundamente integradas às soluções inteligentes da Trina Solar.

A Nclave foi fundada pela família Clavijo e integrada à empresa MFV em 2017, junto com a participação do fundo Q-Growth. A Nclave tem mais de 12 anos de experiência em recursos de energia renovável, tendo fornecido mais de 2,5 GW em todo o mundo. A empresa tem sua sede atual em Madri (Espanha), escritórios comerciais em cinco continentes e unidades de produção em Navarra (Espanha).

A Nclave é uma importante empresa de desenvolvimento, design, produção, instalação e manutenção de estruturas fixas e de seguidores solares fotovoltaicos, incluindo o dimensionamento e a implementação de todas as soluções de fundação. A empresa oferece a mais ampla variedade de produtos do mercado (estruturas fixas e seguidores individuais e centralizados (multi row) com qualquer configuração), sendo adaptável a todos os tipos de projetos por meio de soluções de custo mínimo de investimento, bem como operações e manutenção. Seu design para peças essenciais e estruturas recebeu diversas patentes internacionais. 

Sobre a Trina Solar Limited

Fundada in 1997, a Trina Solar é uma das primeiras empresas chinesas de energia solar listadas na Bolsa de Valores de Nova York. No final de 2017, o total de entrega de módulos pela Trina Solar passou de 32 GW, conquistando o primeiro lugar mundial. A Trina Solar recentemente desenvolveu TrinaPro, uma solução de FV da escala de serviços públicos para usinas de grande porte, bem como soluções comerciais e residenciais, sistemas de armazenamento de energia e módulos fotovoltaicos. Como a principal fornecedora do mundo de soluções integradas de energia solar, aTrina Solar assumiu a liderança ao se tornar uma marca no mundo da IoT (internet das coisas) de energia e está empenhada em se tornar uma líder mundial neste novo e emergente setor.

FONTE Trina Solar Limited

SOURCE Trina Solar Limited

Read more: Trina Solar conclui aquisição da Nclave

HSINCHU, May 22, 2018 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) will participate in SID's Display Week 2018 to showcase a full range of LCD panels adopting mini LED backlight technology for gaming monitors, gaming notebook PCs and VR headsets, claiming market leadership in high-end gaming and niche applications with exceptional image quality featuring ultra high brightness and high dynamic range.

In terms of mini LED backlight technology, as opposed to conventional edge-lit LED backlight, direct-lit mini LED backlight offers even more accurate local dimming effect to produce optimal image quality with higher brightness and higher dynamic range. AUO's 27-inch UHD 4K gaming monitor display with 144Hz ultra high refresh rate adopts direct-lit mini LED backlight. Its accurate and timely local dimming effect, combined with 1,000 nits ultra high brightness, meets the highest VESA DisplayHDR performance level. With exceptionally smooth and vividly colorful images and high dynamic range, the display supports HDR criteria proposed by leading brands of the industry, accentuating contrast in the dark portions of the game scenes to reveal perfect image depth and details for lifelike gaming experience.

AUO has also extended its mini LED backlight technology to mobile device applications. The 15.6-inch UHD 4K LTPS LCD for gaming notebook PC combines UHD 4K ultra high resolution and direct-lit mini LED backlight technology to boast outstanding local dimming performance, with HDR images to meet the highest VESA DisplayHDR performance level, redefining the concept of high-end notebook PCs. With maximum brightness of over 1000 nits, the display provides gamers with images that stand out with more authenticity, richness in details and clarity for more visual entertainment. The 6-inch in-cell touch panel, also adopting mini LED backlight technology, has module thickness of mere 1.1mm to meet diverse customer demands for mobile device applications.

In terms of VR headset applications, AUO's 2-inch LTPS display features an astounding ultra fine image quality of 1000 PPI to demonstrate rich and intricate details. By using the active-matrix mini LED backlight design, 1,024 dimming zones can be achieved to show images with extremely delicate details, delivering ultra high resolution images to create an incredibly lifelike and immersive experience beyond imagination.

AUO photos can be downloaded at the Company's website: https://auo.com/en-global/Download_Photos 

Any use of photographs must cite the source thereof is from AU Optronics Corporation.

ABOUT AU OPTRONICS

AU Optronics Corp. (AUO) is one of the world's leading providers of optoelectronic solutions. AUO offers a full range of panel sizes and comprehensive applications ranging from 1.1 inches to 85 inches. Based on its profound R&D and manufacturing experience, AUO continues to develop advanced display technologies of the next generation. AUO extended its market to the green energy industry in 2008 and provides its customers with high-efficiency solar solutions. AUO currently has global operations in Taiwan, Mainland China, the U.S., Japan, South Korea, Singapore, the Netherlands, Czech and Slovakia. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO has also been named to Dow Jones Sustainability World Index from 2010 to 2017. AUO's consolidated net revenues in 2017 were NT$341.03 billion. For more information, please visit AUO.com.

Safe Harbour Notice 

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a global leader of TFT-LCD panels, today announced the above news. Except for statements in respect of historical matters, the statements contained in this Release include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our management's expectations, projections and beliefs at the time regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance of and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk Factors" in our Annual Report on Form 20-F filed with the United States Securities and Exchange Commission on March 29, 2018. In addition, our SEC reports, including our Annual Report on Form 20-F contains other information on these and other factors that could affect our financial results and cause actual results to differ materially from any forward-looking information we may provide. We undertake no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.

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SOURCE AU Optronics Corporation

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SAN FRANCISCO, May 21, 2018 /PRNewswire/ -- Thoma Bravo, a leading private equity investment firm, has entered into a definitive agreement to sell PowerPlan, the market-leading provider of mission-critical corporate performance management (CPM) software to many of the largest and most complex companies in asset-intensive industries, to Roper Technologies. The company is being acquired by Roper for $1.1 billion, and the transaction is expected to close in the second quarter.

The planned exit culminates a productive partnership between Thoma Bravo and PowerPlan. Since its acquisition in 2015, Thoma Bravo guided the company in building a next-generation, cloud-based platform, not only strengthening PowerPlan's core value proposition, but also further enabling its expansion into both adjacent vertical markets and international markets outside the U.S. and Canada. Thoma Bravo's approach of working with the company's existing management resulted in an increase in the company's valuation, a significant expansion in both recurring revenue and profitability, and an acceleration in organic revenue growth. This was made possible via numerous innovations to the company's product and service offerings that occurred during dramatic market-changing events, including those associated with recent federal tax reform. 

"PowerPlan has benefited greatly from the relationship with Thoma Bravo," said J. Charles Goodman, CEO of PowerPlan. "Thoma Bravo's excellent experience with transforming technology-focused organizations was critical in enabling PowerPlan to expand its business beyond North America and into new adjacent markets poising the business for long term success." Goodman added, "Our team feels incredibly fortunate to have found a new partner who shares both our vision and values. Roper's focus on helping great technology companies grow by creating even more value for their customers is exactly what we wanted and needed. While I am incredibly proud of our team's past accomplishments, I am even more excited about our future."

"PowerPlan represents another case study in executing Thoma Bravo's strategy of acquiring a leading vertical market software company and working with an outstanding management team to implement operational best practices and help the company achieve its full potential," said Holden Spaht, a Managing Partner at Thoma Bravo.

"Thoma Bravo is pleased with the success we've been able to achieve with PowerPlan during our partnership, and believe PowerPlan is well positioned to continue its growth as a premier provider of corporate performance management solutions for asset-intensive businesses under Roper's leadership," said Scott Crabill, a Managing Partner at Thoma Bravo.

William Blair & Company, L.L.C. served as exclusive financial advisor to PowerPlan, and Kirkland & Ellis LLP served as legal advisor to PowerPlan and Thoma Bravo.

About Thoma Bravo, LLC

Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than $20 billion in capital commitments, Thoma Bravo partners with a company's management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. Representative past and present portfolio companies include Datatel, Digital Insight, Entrust, SonicWall, Network Instruments, Hyland Software, Deltek, Blue Coat Systems, Bomgar, Riverbed, Compuware and SolarWinds. The firm has offices in San Francisco and Chicago. For more information, visit www.thomabravo.com.

About PowerPlan

PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email This email address is being protected from spambots. You need JavaScript enabled to view it. or visit www.powerplan.com.

Media Contact:

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Hiltzik Strategies
212-776-1161
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CHANGZHOU, China, 21 de mayo de 2018 /PRNewswire/ -- Trina Solar Limited (en adelante, "Trina Solar" o "la Compañía") anunció que ha completado exitosamente la adquisición de la empresa con sede en España, Nclave Renewable S.L. (en adelante, "Nclave"), el fabricante de sistemas de seguimiento solar líder a nivel mundial. Se trata de la primera vez que una compañía de energía solar china adquiere un fabricante de sistemas de seguimiento solar fuera de su mercado doméstico, lo que acelera la transformación estratégica de Trina Solar que pasa de ser un proveedor líder de productos fotovoltaicos a proveedor mundial de soluciones fotovoltaicas inteligentes. La adquisición también marca otro sólido paso en pro de la transformación estratégica de Trina Solar en una empresa enfocada en el desarrollo de soluciones de energía alternativa y renovable que funcionan en forma concertada con el ecosistema de la Internet de las cosas.

Con esta adquisición, las últimas soluciones fotovoltaicas inteligentes TrinaPro de Trina Solar incorporarán directamente los productos de seguimiento y los diseños de ingeniería de Nclave, al mismo tiempo que las tecnologías de vanguardia de Nclave también se integrarán profundamente en las soluciones inteligentes de Trina Solar.

Nclave fue fundada por la familia Clavijo e integró la empresa MFV en 2017, junto con la participación del fondo Q-Growth. Nclave tiene más de 12 años de experiencia en fuentes de energía renovable, habiendo suministrado más de 2,5 GW en todo el mundo. En la actualidad tiene su sede central en Madrid (España), oficinas comerciales en los cinco continentes y plantas de fabricación en Navarra (España).

Nclave es una empresa líder en el desarrollo, diseño, fabricación, instalación y mantenimiento de estructuras fijas y sistemas de seguimiento solar fotovoltaicos, incluyendo el dimensionamiento y la implementación de todas sus soluciones fundacionales. Nclave ofrece la más amplia gama de productos del mercado (estructuras fijas y seguidores de filas individuales y múltiples con cualquier configuración) adaptables a todo tipo de proyectos a través de soluciones con un mínimo costo de inversión, así como de operación y mantenimiento. Su diseño para piezas y estructuras centrales ha recibido múltiples patentes internacionales.

Acerca de Trina Solar Limited

Fundada en 1997, Trina Solar es una de las primeras empresas chinas de energía solar que cotiza en la Bolsa de Valores de Nueva York. A fines de 2017, el total de envíos de módulos de Trina Solar superaba los 32 GW, ubicándose en el primer puesto a nivel mundial. Trina Solar acaba de desarrollar y patentar la TrinaPro, una solución fotovoltaica inteligente a nivel de servicio público para grandes usinas de electricidad, además de contar con soluciones comerciales y residenciales, sistemas de almacenamiento de energía y módulos fotovoltaicos. Como proveedor de soluciones integradas de energía solar líder a nivel mundial, Trina Solar ha tomado la iniciativa de convertirse en una marca del mundo de la Internet de las cosas (IoT, por sus siglas en inglés) en el ámbito de la energía y está comprometida a convertirse en un líder mundial de este nuevo y emergente sector.

FUENTE Trina Solar Limited

SOURCE Trina Solar Limited

Read more: Trina Solar completa la adquisición de Nclave

The thin-film encapsulation market for materials is expected to reach USD 101.1 million by 2023, at a CAGR of 26.1% during the forecast period.

The major factors driving the growth of the market are the rapid adoption of flexible OLED displays for smartphones and smart wearables and need for thin-film barriers in flexible and organic devices. The rise in the adoption of high-efficiency thin-film solar cells; huge investments in building OLED manufacturing facilities; and expected roll-to-roll production of OLED lighting are likely to create lucrative opportunities for thin-film encapsulation technology and material providers. The development of flexible glass acts as a restraint, whereas the essentiality of technical knowledge and need to protect intellectual properties pose major challenges to market players.

There are 2 major steps of thin-film encapsulation, i.e., the deposition of an organic layer and inorganic layer. Technologies used in the production of thin-film barriers include PECVD, ALD, inkjet printing, and others. Plasma-enhanced chemical vapor deposition (PECVD) is one of the techniques allowing industrial-scale deposition of good-quality insulating films, such as silicon oxide and silicon nitride with good adhesion. PECVD is cost-effective when used for mass production and can be performed at low temperatures. Major companies in the thin-film encapsulation market that produce deposition equipment based on the PECVD technology are Applied Materials, Meyer Burger, and Aixtron.

ALD is an attractive thin-film deposition technology because of its precise control over the thin-film thickness and its ability to produce uniform films over large areas. This type of deposition process works at the low process temperature. Companies such as Samsung Electronics and LG Display are increasingly focused on adopting the ALD-based equipment for depositing barrier films. The ALD-based TFE equipment are manufactured by companies such as Veeco Instruments, Lotus Applied Technologies, and Encapsulix. The inkjet printing is expected to revolutionize the TFE technologies for organic layer deposition. Kateeva is the leading manufacturer of inkjet printing equipment for thin film encapsulation.

The thin-film encapsulation market for materials has been segmented on the basis of application into OLED displays, OLED lighting, thin-film photovoltaics, and others. OLED displays witnessed high demand for TFE materials in 2017. Samsung SDI and LG Chem develop thin-film encapsulation materials for flexible OLED displays. These companies are also working with thin-film encapsulation equipment suppliers such as Kateeva and Applied Materials. The thin-film encapsulation market for materials in OLED lighting applications is expected to grow at the highest CAGR of 31.8% during the forecast period.

North America, Europe, Asia Pacific, and RoW are considered the main regions in the thin-film encapsulation market report. Various market players have a positive outlook for the thin-film encapsulation market in APAC due to the presence of industry-leading customers, such as Samsung and LG Display. The European region has presence of OLED lighting manufacturing companies, and North America has presence of various solar cell developers.

APAC accounted for the largest share of the thin-film encapsulation market for materials in 2017. Major display panel and brand product manufacturers are based in China, Japan, Taiwan, South Korea, and Hong Kong. South Korea accounted for 74.2% of TFE market for materials in APAC in 2017 owing to presence of industry leaders, such as Samsung and LG Display in the country. Further, the demand for thin-film encapsulation materials from China is expected to increase rapidly during 2018-2023 as various Chinese players such as BOE Technology and CSOT are planning to construct facilities to manufacture flexible OLED panels. The growth of the market in Europe is driven by factors including the increasing adoption of OLED lighting solutions in the automotive industry and government support initiatives for OLED lighting research. OSRAM is a leading player in the region.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for TFE Material Market Growth
4.2 TFE Material Market for Flexible OLED Lighting Application, By Region, 2018 vs 2023
4.3 TFE Material Market for Flexible OLED Display Application in APAC, By Country, 2018 vs 2023
4.4 TFE Material Market in APAC, By Application and Country

5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Need for Thin-Film Barrier in Flexible and Organic Devices
5.1.1.2 Trend of Thin-Film Encapsulation Using Inkjet Printing Technology
5.1.1.3 Rapid Adoption of Flexible OLED Displays for Smartphones and Smart Wearables
5.1.1.4 Advantages of Thin-Film Encapsulation
5.1.2 Restraints
5.1.2.1 Development of Flexible Glass
5.1.3 Opportunities
5.1.3.1 Heavy Investments in OLED Technology and Manufacturing Facilities
5.1.3.2 Roll-To-Roll Production of OLED Lighting
5.1.3.3 High Demand for High-Efficiency and Thin Solar Cells
5.1.4 Challenges
5.1.4.1 Requirement for Technical Knowhow and Protection of Intellectual Properties

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Research and Development
6.2.2 Manufacturing Technology and Material Supply
6.2.3 TFE Deposition and Product Manufacturing
6.3 Key Industry Trends
6.3.1 Leading OLED Display Panel Suppliers: Current and Future Scenarios
6.3.2 Increased Use of Thin-Film Solar Cells

7 Deposition Technologies Used in Thin-Film Encapsulation
7.1 Introduction
7.2 Inorganic Layers
7.2.1 Pecvd
7.2.2 ALD
7.2.3 Others
7.3 Organic Layers
7.3.1 Inkjet Printing
7.3.2 Vacuum Thermal Evaporation (Vte)

8 TFE Material Market, By Application
8.1 Introduction
8.2 Flexible OLED Display
8.2.1 Smartphone
8.2.2 Smart Wearables
8.2.3 Television and Signage/Large Format Display
8.3 Flexible OLED Lighting
8.4 Thin-Film Photovoltaics
8.5 Others

9 Geographic Analysis
9.1 Introduction
9.2 Asia Pacific (APAC)
9.2.1 South Korea
9.2.2 China
9.2.3 Japan
9.2.4 Taiwan
9.2.5 Rest of APAC
9.3 North America
9.4 Europe
9.4.1 UK
9.4.2 Germany
9.4.3 France
9.4.4 Rest of Europe
9.5 RoW

10 Competitive Landscape
10.1 Overview
10.2 Player Ranking Analysis: Thin-Film Encapsulation (TFE) Market
10.3 Competitive Situations and Trends
10.3.1 Product Launches and Developments
10.3.2 Agreements, Partnerships, Collaborations, Contracts, and Joint Ventures
10.3.3 Mergers and Acquisitions

11 Company Profiles
11.1 Introduction
11.2 Key Players
11.2.1 Samsung SDI
11.2.2 LG Chem
11.2.3 Universal Display Corp. (UDC)
11.2.4 Applied Materials
11.2.5 3M
11.2.6 Veeco Instruments
11.2.7 Kateeva
11.2.8 Toray Industries
11.2.9 BASF (Rolic)
11.2.10 Meyer Burger
11.3 Other Key Players
11.3.1 Aixtron
11.3.2 Bystronic Glass
11.3.3 AMS Technologies
11.3.4 Angstrom Engineering
11.4 Key Innovators
11.4.1 Beneq
11.4.2 Encapsulix
11.4.3 Lotus Applied Technology
11.4.4 Vitriflex
11.4.5 Picodeon

For more information about this report visit https://www.researchandmarkets.com/research/sg96q5/thinfilm?w=5

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NEW YORK, May 21, 2018 /PRNewswire/ -- Distributed Energy Generation (DEG) Market Size, Share & Trends Analysis Report By Technology (Wind turbine, Solar photovoltaic, Reciprocating engines), By Application, By Region, And Segment Forecasts, 2018 - 2025

Read the full report: https://www.reportlinker.com/p05399312

The global distributed energy generation (DEG) market size is expected to reach USD 573.7 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 15.0% during the forecast period. Owing to their environmental benefits, preference for DEG systems will be higher as compared to conventional energy systems.

DEG eliminates the need for building a transmission capacity that reduces the line cost.In addition, low prices of DEG compared to conventional energy generation are anticipated to provide a fillip to the market.

Moreover, innovations in DEG technologies, such as floating solar photovoltaic, is likely to propel the market.Decreasing cost of solar PVs is playing an instrumental role in the development of the market.

Feed-in tariffs in regions including Asia Pacific, Europe, and North America are poised to stoke the growth of the market.

E.ON SE; Vestas Wind Systems A/S; Capstone Turbine Corporation; Caterpillar Power Plants; Ballard Power Systems Inc.; Doosan Fuel Cell America; FuelCell Energy Inc.; Rolls-Royce Power Systems AG; Sharp Corporation; Suzlon Energy Limited; General Electric (GE); First Solar; SIEMENS AG; Toyota Turbine and Systems Inc.; and ENERCON GMBH are some of the major players in DEG market.

Further key findings from the report suggest:
• The wind turbine segment accounted for revenue share of over 29.0% in 2016. Factors such as high efficiency, redundant safety, and quiet operation are the key characteristics projected to contribute to the growth of the wind turbine segment over the forecast period
• In 2016, solar photovoltaic accounted for 21.0% of the overall market volume and is expected to register a CAGR of 16.8% during the forecast period. The growth of the segment can be attributed to decrease in its prices, which has increased the local utilization, thereby enabling the switch from traditional energy sources
• Supportive regulations and favorable government policies such as net metering are likely to increase the number of DEG installations for residential applications in rural and underdeveloped areas
• Several countries are committed to reducing carbon emissions under the Kyoto protocol, which is driven by the European Union. A number of countries have switched to renewable energy generation
• Regional expansion and R&D are the key strategies adopted by major market players to strengthen their position. Companies in the market are continuously trying to innovate and develop new technologies
• In July 2015, Ballard Power Systems entered into an agreement with AkzoNobel to provide one-megawatt ClearGen fuel cell distributed generation system for Hydrogène de France (HDF) to generate electricity and supply it to local grid.

Read the full report: https://www.reportlinker.com/p05399312

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ЧАНЧЖОУ (CHANGZHOU), Китай, 21 мая 2018 г. /PRNewswire/ -- Trina Solar Limited («Trina Solar» или «Компания») сообщила об успешном завершении сделки приобретения испанской фирмы Renewable S.L. («Nclave») - крупнейшего в мире производителя солнечных трекеров. Впервые в истории китайская компания сферы солнечной энергетики приобрела бизнес зарубежного производителя трекеров. Эта сделка позволит Trina Solar ускорпить процесс стратегической трансформации из ведущего поставщика фотоэлектрических продуктов в глобального разработчика смарт-решений. Приобретение также знаменует очередной важный шаг к стратегическому преобразованию компании в предприятие, специализирующееся на разработке решений в сфере альтернативной и возобновляемой энергетики, способными функционировать во взаимодействии с экосистемой Интернета вещей.

Благодаря этой сделке, новейшие смарт-решения от Trina Solar - TrinaPro, - будут поставляться со встроенными трекерами и техническими продуктами Nclav, а передовые технологии Nclave будет тесно интегрироваться в последующие разработки Trina Solar.

Компания Nclavе была основана семейством Клавио (Clavijo), а в 2017 году слилась с фирмой MFV для участия в фонде Q-Growth. Nclave располагает 12-летним опытом работы в сфере возобновляемых источников энергии. На ее счету - проекты, реализованные по всему миру и имеющие совокупную мощность в 2,5 ГВт. В данный момент головной офис компании расположен в Мадриде (Испания), а коммерческие представительства Nclave функционируют на пяти континентах. Производственная база находится в Наварре (Испания).

Nclave - ведущая компания, специализирующаяся на разработке, проектировании, производстве, установке и техническом обслуживании фотоэлектрических солнечных трекеров, включая расчет размером и создание всех базовых решений. Nclave предлагает широчайший спектр продуктов на рынке (стационарные конструкции, одно- и многорядные трекеры любой конфигурации), способных адаптироваться к проектам всех типов и видов при минимальных инвестициях. Компания также предоставляет услуги по эксплуатационному и техническому обслуживанию. Конструкция основных компонентов оборудования компании защищена многочисленными международными патентами.

О компании Trina Solar Limited

Основанная в 1997 году компания Trina Solar является одним из первых китайских предприятий солнечной энергетики, зарегистрированных на Нью-йоркской фондовой бирже. По состоянию на конец 2017 года общий объем поставок модулей Trina Solar превысил 32 ГВт, что вывело компанию на первое место в мире. Не так давно Trina Solar разработала TrinaPro - уникальное смарт-решение коммунального уровня, предназначенное для крупных электростанций, а также коммерческие и бытовые решения, системы аккумулирования энергии и фотоэлектрические модули. Являясь ведущим мировым провайдером интегрированных солнечных решений, Trina Solar возглавила процесс превращения в бренд энергетической сферы IoT (Интернета вещей). Компания прилагает все усилия для достижения статуса мирового лидера в этом молодом секторе.

SOURCE Trina Solar Limited

Read more: Trina Solar завершает процесс приобретения Nclave

WASHINGTON, May 21, 2018 /PRNewswire-USNewswire/ -- NASA Administrator Jim Bridenstine has named Steve Jurczyk as associate administrator, the agency's highest-ranking civil servant position. Jurczyk has been serving in the position in an acting capacity since March 10. In addition, Deputy Associate Administrator Krista Paquin will retire from NASA at the end of May. Melanie W. Saunders has been assigned as the acting deputy associate administrator, effective June 10.

"I want to thank Steve for stepping up to the plate as acting associate administrator these past months, and look forward to his counsel going forward," said Bridenstine. "I also want to thank Krista for her distinguished service to NASA and welcome Melanie to Headquarters. The agency has greatly benefited from the talents of all these dedicated civil servants."

Until his appointment as associate administrator, Jurczyk had been associate administrator of the Space Technology Mission Directorate since June 2015.  In this position, he formulated and executed the agency's space technology programs, focusing on developing and demonstrating transformative technologies for human and robotic exploration of the solar system in partnership with industry and academia.

He previously was director at NASA's Langley Research Center in Hampton, Virginia. Named to this position in May 2014, he headed NASA's first center, which plays a critical role in NASA's aeronautics research, exploration and science missions.  Jurczyk served as Langley's deputy center director from August 2006 until his appointment as director.

Jurczyk began his NASA career in 1988 at Langley in the Electronic Systems Branch as a design and integration and test engineer developing several space-based Earth remote sensing systems. From 2002 to 2004 Jurczyk was director of engineering, and from 2004 to 2006 he was director of research and technology at Langley, where he led the organizations' contributions to a broad range of research, technology and engineering disciplines contributing to all NASA mission areas.

He has received many awards during his career, including two NASA Outstanding Leadership Medals, the Presidential Rank Award for Meritorious Executive in 2006, and the Presidential Rank Award for Distinguished Executive in 2016 -- the highest honors attainable for federal government leadership. He is an associate fellow of the American Institute of Aeronautics and Astronautics, and a graduate of the University of Virginia, where he received a Bachelor of Science and a Master of Science in Electrical Engineering in 1984 and 1986.

In an agency career spanning more than 30 years, Paquin has served in many critical roles. She started at NASA in 1984 as a Presidential Management Intern, and spent 22 years of her career at the Goddard Space Flight Center in Greenbelt, Maryland. As a senior executive at Goddard, she was assigned the roles of associate director of management operations, deputy director of the Applied Engineering and Technology Directorate, deputy director for Planning and Business Management of Flight Programs, and Goddard associate center director.

In her latest role as deputy associate administrator at Headquarters, she chairs the NASA Mission Support Council, which serves as the senior decision-making body regarding the integrated agency mission support portfolio. Paquin also was associate administrator for the Mission Support Directorate from April 2015, where she was responsible for the leadership and integration of NASA mission support functions with an annual budget of more than $3 billion. She oversaw agencywide human capital management, strategic infrastructure, procurement, protective services, audit liaison, agency directives management, NASA Headquarters operations, the NASA Shared Services Center and NASA partnerships, including Space Act Agreements.

Appointed to the Senior Executive Service (SES) in 1999, Paquin was the recipient of numerous awards, including NASA's Distinguished Service Medal, the SES Presidential Rank Award for Meritorious Executive, and the NASA Outstanding Leadership Medal. She holds bachelors and masters degrees in Urban Planning and Management from the University of Maryland.

Saunders has been acting deputy center director at the Johnson Space Center in Houston since Feb. 1, where she helps to manage one of NASA's largest installations, with almost 11,000 civil service and contractor employees – including those at White Sands Test Facility in Las Cruces, New Mexico – and an annual budget of approximately $5 billion. She was previously Johnson's associate director, and oversaw a broad range of human spaceflight activities.

Prior to being named associate center director, Saunders served as associate manager of the International Space Station Program from 2005 to 2009, during the most intensive phases of space station assembly. From 2003 to 2005, she was deputy manager of the station's External Relations Office. Saunders began her NASA career in 1994 as the manager for International Policies for the International Space Station Program, where she negotiated international agreements.

During her NASA career, Saunders has been recognized with the Meritorious Presidential Rank Award, two NASA Outstanding Leadership Medals, the NASA Exceptional Service Medal, a Silver Snoopy, and numerous other individual and group achievement awards. She also was profiled in the inaugural edition of Women@NASA, and in Summer 2017 was featured in Profiles in Diversity, Women Worth Watching. She holds a bachelor's degree in history from the University of California, Santa Barbara and a Juris Doctorate from the University of California, Davis.

For information about NASA and its missions and activities, visit:

https://www.nasa.gov

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ATLANTA, May 21, 2018 /PRNewswire/ -- Georgia Power Company today announced the pricing of the previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers") to purchase a portion of its outstanding Series 2007A 5.65% Senior Notes due 2037 (the "Series 2007A Notes"), its Series 2009A 5.95% Senior Notes due 2039 (the "Series 2009A Notes"), its Series 2010B 5.40% Senior Notes due 2040 (the "Series 2010B Notes"), its Series 2010C 4.75% Senior Notes due 2040 (the "Series 2010C Notes") and its Series N 5.750% Senior Notes due 2023 (the "Series N Notes" and, together with the Series 2007A Notes, the Series 2009A Notes, the Series 2010B Notes and the Series 2010C Notes, the "Notes"). Except as described in Georgia Power's prior press release dated the date hereof announcing the early tender results of the Offers and increasing the "Aggregate Maximum Purchase Price" to an amount (excluding accrued and unpaid interest and excluding fees and expenses) sufficient to allow the purchase of $749,913,000 in aggregate principal amount (representing all of the Notes tendered in Acceptance Priority Levels 1, 2 and 3 on or before the Early Tender Deadline (as defined below)), the terms and conditions of the Offers set forth in Georgia Power's Offer to Purchase, dated May 7, 2018 (the "Offer to Purchase") remain unchanged.

The applicable total consideration to be paid for each $1,000 principal amount of Notes of each series validly tendered and not validly withdrawn prior to or at 5:00 p.m., New York City time, on May 18, 2018 (the "Early Tender Deadline") and accepted for purchase by Georgia Power is set forth in the column entitled "Total Consideration" in the table below (the "Total Consideration").

Notes

CUSIP
Number

Principal
Amount
Outstanding
Prior to
Offers

Principal
Amount
Tendered (1)

Principal
Amount to
be

Accepted (2)

Acceptance
Priority

Level

Reference
Security

Fixed

Spread (bps)

Total
Consideration
(3)

Series 2007A
5.65% Senior
Notes due
2037

373334GC9

$250,000,000

$88,618,000

$88,618,000

1

2.75% due
November
15, 2047

+100

$1,186.10

Series 2009A
5.95% Senior
Notes due
2039

373334JN2

$500,000,000

$326,193,000

$326,193,000

2

2.75% due
November
15, 2047

+100

$1,239.33

Series 2010B
5.40% Senior
Notes due
2040

373334JR3

$600,000,000

$335,102,000

$335,102,000

3

2.75% due
November
15, 2047

 

+100

$1,170.37

Series 2010C
4.75% Senior
Notes due
2040

373334JS1

$500,000,000

$320,791,000

-

4

2.75% due
November
15, 2047

 

+100

-(4)

Series N
5.750% Senior
Notes due

2023

373334FS5

$100,000,000

$18,818,000

-

5

2.75% due
April 30,
2023

+65

-(4)







(1) As of the Early Tender Deadline, as reported by Global Bondholder Services Corporation, the Tender Agent and Information Agent for the Offers.

(2) Subject to the terms and conditions of the Offers and application of the Aggregate Maximum Purchase Price and Acceptance Priority Levels.

(3) Per $1,000 principal amount of Notes validly tendered and not validly withdrawn on or prior to the Early Tender Deadline and accepted for purchase in the applicable Offer.

(4) As a result of the application of the Aggregate Maximum Purchase Price, Notes from this series will not be accepted for purchase.

The applicable Total Consideration for each series of Notes validly tendered and not validly withdrawn on or prior to the Early Tender Deadline was determined in the manner described in the Offer to Purchase by reference to the applicable fixed spread for such series of Notes set forth in the column entitled "Fixed Spread" in the table above, over the applicable yield based on the bid side price of the U.S. Treasury Security set forth for such series of Notes in the column entitled "Reference Security" in the table above, as calculated by the Dealer Managers (as defined below) at 11:00 a.m., New York City time, on May 21, 2018.  The Total Consideration includes an early tender premium of $50 per $1,000 in aggregate principal amount of Notes accepted for purchase in the Offers (the "Early Tender Premium").  The aggregate purchase price for the Notes accepted for purchase will include accrued and unpaid interest, if any, from the last interest payment date for the applicable series of Notes up to, but not including, the Early Settlement Date (as defined below).

The aggregate purchase price (excluding accrued and unpaid interest) to Georgia Power for the purchase of the Notes validly tendered and not validly withdrawn on or prior to the Early Tender Deadline and accepted for purchase in the Offers is $901,563,908.23

The settlement date for the Notes validly tendered on or before the Early Tender Deadline and accepted for purchase (the "Early Settlement Date") is expected to be May 22, 2018, the second business day after the Early Tender Deadline.

The deadline for Holders to validly withdraw tenders of Notes has passed. Accordingly, Notes that were already tendered at or before the Early Tender Deadline may not be withdrawn or revoked, except as required by applicable law.

Each Offer will expire at 11:59 p.m., New York City time, on June 4, 2018, unless extended or earlier terminated (the "Expiration Date").  

As provided in the Offer to Purchase, Notes validly tendered after the Early Tender Deadline and accepted for purchase will be entitled to the "Tender Offer Consideration" which is equal to the Total Consideration minus the Early Tender Premium.  However, unless Georgia Power further increases the Aggregate Maximum Purchase Price prior the Expiration Date, no Notes tendered after the Early Tender Deadline will be accepted for purchase in the Offers.  Georgia Power does not intend to increase the Aggregate Maximum Purchase Price.

Notes not accepted for purchase will be promptly credited to the account of the registered holder of such Notes with The Depository Trust Company and otherwise returned in accordance with the Offer to Purchase.

Georgia Power's obligation to accept for purchase, and to pay for, Notes that are validly tendered and not validly withdrawn pursuant to each Offer is conditioned on the satisfaction or waiver by Georgia Power of a number of conditions as described in the Offer to Purchase. Georgia Power may amend, extend or, subject to certain conditions and applicable law, terminate each Offer at any time in its sole discretion.

J.P. Morgan Securities LLC, MUFG Securities Americas Inc. and UBS Securities LLC have acted as Dealer Managers (the "Dealer Managers") and Global Bondholder Services Corporation has acted as the Tender Agent and Information Agent for the Offers. Requests for documents may be directed to Global Bondholder Services Corporation at (866) 470-4200 (toll free), (212) 430-3774 (banks and brokers) or This email address is being protected from spambots. You need JavaScript enabled to view it.. Questions regarding the Offers may be directed to J.P. Morgan Securities LLC at (866) 834-4666 (toll free) or (212) 834-3424 (collect); MUFG Securities Americas Inc. at (877) 744-4532 (toll free) or (212) 405-7481 (collect); or UBS Securities LLC at (888) 719-4210 (toll free) or (203) 719-4210.

This announcement is for informational purposes only and is not an offer to purchase or sell or a solicitation of an offer to purchase or sell, with respect to any securities. The Offers to purchase the Notes are only being made pursuant to the terms of the Offer to Purchase. The Offers are not being made in any state or jurisdiction in which such Offers would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. None of Georgia Power, the Dealer Managers or the Tender Agent and Information Agent is making any recommendation as to whether or not Holders should tender their Notes in connection with the Offers.

Cautionary Statements and Risk Factors That May Affect Future Results

Certain information contained in this release is forward-looking information based on current expectations and plans that involve risks and uncertainties. Forward-looking information includes, among other things, statements concerning the expected completion of the Offers and the timing thereof. Georgia Power cautions that there are certain factors that can cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of Georgia Power; accordingly, there can be no assurance that such suggested results will be realized. The following factors, in addition to those discussed in the Offer to Purchase and Georgia Power's Annual Report on Form 10-K for the year ended December 31, 2017, and subsequent securities filings, could cause actual results to differ materially from management expectations as suggested by such forward-looking information: the risk that the Offers are not completed or are completed on different terms than expected. Georgia Power expressly disclaims any obligation to update any forward-looking information.

About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company's promise to 2.5 million customers in all but four of Georgia's 159 counties. Committed to delivering clean, safe, reliable and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the company is consistently recognized by J.D. Power and Associates as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the company on Facebook (Facebook.com/GeorgiaPower), Twitter (Twitter.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).

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SOURCE Georgia Power Company

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CHANGZHOU, Čína, 21. mája 2018 /PRNewswire/ -- Spoločnosť Trina Solar Limited (ďalej len „Trina Solar" alebo „Spoločnosť") oznámila, že úspešne ukončila akvizíciu španielskej spoločnosti Nclave Renewable S.L. (ďalej len „Nclave"), popredného svetového výrobcu solárnych sledovacích systémov. Po prvýkrát tak čínska solárna spoločnosť realizovala akvizíciu výrobcu solárneho sledovacieho systéme mimo svojho domáceho trhu, čím sa naštartovala strategická transformácia firmy Trina Solar z dodávateľa fotovoltiky na globálneho poskytovateľa inteligentných fotovoltických zariadení. Akvizícia je tiež ďalším významným krokom smerom k strategickej transformácii spoločnosti Trina Solar na podnik zameriavajúci sa na rozvoj alternatívnych technológií a riešení využívajúcich obnoviteľnú energiu, ktoré fungujú v súlade s ekosystémom internetu vecí.

Vďaka tejto akvizícii zabuduje spoločnosť Trina Solar priamo do svojho najnovšieho inteligentného fotovoltického zariadenia TrinaPro sledovacie produkty od firmy Nclave spolu s jej konštrukčnými návrhmi. Špičkové technológie z dielne Nclave budú súčasťou aj ďalších inteligentných riešení od spoločnosti Trina Solar.

Firmu Nclave založila rodina Clavijovcov a v roku 2017 pribrali do skupiny aj spoločnosť MFV s fondom Q-Growth . Nclave má za sebou viac ako 12 rokov skúseností v oblasti obnoviteľných zdrojov energie a za ten čas zabezpečila energetické zdroje generujúce viac ako 2,5 GW. V súčasnosti má sídlo v Madride (španielsku), pobočky na piatich kontinentoch a výrobné podniky v španielskej Navarre.

Nclave je popredná spoločnosť zameriavajúca sa na vývoj, návrh, výrobu, inštaláciu a údržbu pevných štruktúr a fotovoltických solárnych sledovacích zariadení, vrátane dimenzovania a implementácie všetkých typov základní. Nclave ponúka najširší okruh výrobkov na trhu (pevné štruktúry a jednoradové a viacradové sledovacie systémy s akoukoľvek konfiguráciou), ktoré sú prispôsobiteľné na akékoľvek projekty prostredníctvom riešení s minimálnymi investičnými nákladmi, prevádzkou a údržbou. Na dizajn hlavných častí a štruktúr získala niekoľko medzinárodných patentov.

O spoločnosti Trina Solar Limited

Spoločnosť Trina Solar Limited je popredný svetový výrobca komplexných solárnych riešení kótovaný na newyorskej burze. Koncom roku 2017 prekročil objem dodaných solárnych modulov spoločnosti Trina Solar 32 GW, čím sa zaradila na prvé miesto na svete. Najnovším prírastkom spoločnosti je TrinaPro, inteligentné fotovoltické riešenie pre veľké elektrárne. Okrem toho spoločnosť vyvíja komerčné a rezidenčné technológie, systémy uchovávania energie a fotovoltické moduly. Ako popredný svetový integrátor solárnych systémov sa dnes vypracovala na známu značku vo svete energetiky internetu vecí a má ambíciu stať sa špičkou v tomto novom a rozvíjajúcom sa sektore.

SOURCE Trina Solar Limited

Read more: Trina Solar ukončuje akvizíciu spoločnosti Nclave

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