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The Arrowhead Stadium, home venue of the Kansas City Chiefs football team, is set to become the first professional sports venue to sell pre-packed peanuts in compostable bags.

The pilot initiative will be launched at a game this week on November 26, when compostable peanut bags will be sold throughout general concessions and in-seat vending.

After the pilot phase, the goal is to expand sales to other areas of the Arrowhead Stadium and replace a larger amount of the 15,000 bags of peanuts sold in the venue annually.

The initiative comes under the “Extra Yard for the Environment” programme of the stadium- an ambitious effort to promote sustainability both across the stadium and throughout the community, and aims to ameliorate Arrowhead’s waste-diversion methods.

It constitutes a partnership between BASF- one of the world’s leading chemical companies, Aramark- a food services company and Hampton Farms- a peanuts farming business selling more than 1.1 million bags to sporting venues annually and therefore playing an important role in the transformation of snack packaging in sports venues.

Carl Mittleman, President of Aramark’s Sports and Entertainment division said: “With peanuts being among the best-selling snack foods at sports events, the introduction of this compostable peanut bag is a potential game-changer”.

“We’re proud to be at the forefront of driving innovative solutions that decrease our environmental impact and enhance the game-day experience”, he added.

The project’s development process took 18 months where the three partners converted all parties of the supply chain to deliver a compostable peanut bag and divert peanut bags from the landfill.

BASF worked with Missouri Organic Recycling to test packaging prototypes and meet composting guidelines to create the first-of-its kind commercially available peanut bag.

Brandon Hamilton, Chiefs Vice President of Stadium Operations said: “Over the past few years we have put an increased focus on our sustainability program, Extra Yard for the Environment, and have worked to find new, innovative ways to reduce our organization’s carbon footprint”.

“We are excited to unveil this product, as we believe it will have a positive impact on our efforts in Arrowhead Stadium and will also spread to other venues to make a positive change within the industry”.

Rick McGee, Vice President of Sales, Hampton Farms underlined the momentum across the sports and entertainment industry about reducing landfill waste.

“This bag represents an exciting future for us as well as for our customers”, he said. 

The home of the Chicago Blackhawks and Chicago Bulls has announced its plans to offer visitors free charging facilities as part of the centre’s mission to reduce its environmental impact.

The United Center has partnered with Volta Charging, the largest free electric car charging network in the US, and has signed a ten-year agreement to deploy EV charging stations around the stadium.

Joe Myra, the VP of Business Affairs of the United Center said: “With over 2.5 million visitors annually, we are excited to be partnering with Volta to bring its stations to our arena and provide visitors with a convenient and easy way to charge their vehicles”.

“Volta’s model aligns perfectly with our plan to work towards sustainability and enables our patrons to take a personal stake in a viable future”, he added.

The agreement comprises four open-access universal charging stations which will work under the innovative sponsor network model.

More specifically, the company installs free charging stations equipped with digital-hybrid displays with sponsor messages.

This means that the agreement between Volta Charging and its location partners does not entail any costs and that charging is free to the public.

Scott Mercer, CEO of Volta Charging said: “Volta is thrilled to become United Center’s free EV charging provider. These stations will channel sponsorships into a force for good and show millions of fans that Chicago is driving forward into its electric future”.

Volta Charging started off as a start-up convincing brands to pay for charging stations, place their ads and help them incorporate sustainable development into their core values.

The company had said: “Where Volta really stands out is offering brands the opportunity to do more than a simply put their name on something that delivers a ‘green’ message”.

“Volta advertisers are providing a real service to communities by powering drivers to a more sustainable future”.

To learn more about the innovative start-up click here

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

This report analyzes the worldwide markets for Adhesives in volume (Thousand Pounds) & value (US$ Thousand) by the following Chemical Type:

  • Styrene Butadiene Rubber
  • Phenolic
  • Polyolefin
  • Epoxy
  • Starch & Dextrin
  • Acrylic (Cyanoacrylic & Others, Acrylic PSA and Acrylic Emulsion)
  • Urea Formaldehyde
  • Polyvinyl Acetal
  • Polyvinyl Acetate
  • Neoprene
  • Thermoplastic Rubber
  • Polyurethane
  • Natural Rubber
  • Protein
  • Furan
  • Polyvinyl Chloride
  • Reclaimed Rubber
  • Silicate
  • Silicone Rubber
  • Polyamide
  • Polyvinyl Alcohol
  • Nitrile
  • Butyl Rubber & PIB
  • Polyester
  • Ethylene
  • Bitumen
  • Miscellaneous

The report profiles 264 companies including many key and niche players such as:

  • 3M Company (USA)
  • Adhesives Research, Inc. (USA)
  • Adhesives Technology Corp. (USA)
  • Akzo Nobel N.V. (The Netherlands)
  • Ashland, Inc. (USA)
  • Avery Dennison Corporation (USA)
  • BASF SE (Germany)
  • Beardow & Adams (Adhesives) Limited (UK)
  • Bemis Associates, Inc. (USA)
  • Berry Global, Inc. (USA)
  • Bostik, Inc. (USA)
  • Covestro AG (Germany)
  • DIC Corporation (Japan)
  • DowDuPont (USA)
  • DYMAX Corp. (USA)
  • Franklin International, Inc. (USA)
  • Georgia-Pacific Chemicals LLC (USA)
  • H.B. Fuller Company (USA)
  • Henkel AG & Co. KGaA (Germany)
  • Huntsman Corporation (USA)
  • Illinois Tool Works, Inc. (USA)
  • Permatex, Inc. (USA)
  • LORD Corporation (USA)
  • Mapei S.p.A. (Italy)
  • Momentive (USA)
  • PPG Industries (USA)
  • RPM International, Inc. (USA)
  • DAP Products, Inc. (USA)
  • Sika AG (Switzerland)

 Key Topics Covered:

1. INDUSTRY OVERVIEW
A Rudimentary Industry Roundup
Where Do Opportunities Lie?
Raw Material Availability
A Crucial Factor for Adhesive Manufacturing
Manufacturing Shift to Low Cost Destinations
Improving Economy Buoys General Market Optimism
Urbanization
A Mega Growth Driver
Developing Countries to Drive Future Growth
Outsourcing of Manufacturing Activity Boosts Demand for Adhesives in Developing Countries
Market Outlook
Competition
Market Share Statistics
Assessing the Impact of Recent Past Economic Upheavals on Adhesives Market
Growth Momentum Improves in 2015 & Beyond

2. KEY PRODUCT TRENDS & GROWTH DRIVERS
Conventional Adhesive Technology: An Overview
Hybrid Structural Instant Adhesives: A Breakthrough in Adhesive Technologies
Cyanoacrylates
Epoxies
Rising Demand and Product Innovation Boost Industrial Adhesives Market
Overview of Automotive Adhesives Market
Wood Adhesives Market to Exhibit Decent Growth
Competitive Scenario & Key Players
Overview of Electronic Adhesives Market
Increasing Adoption in Various End-Use Sectors Drive the Market
Surface Mounting Application to Offer Lucrative Opportunities
Expansion of End-Use Industries Propels Demand for Glass Bonding Adhesives
Robust Packaged Food Industry to Impel Label Adhesives Market
Confluence of Positive Factors to Propel Metal Bonding Adhesives Market
Emerging Economies Provide Growth Platform for Roofing Adhesives Market
High Strength Laminating Adhesives Market Gather Stream
Rising Consumption of Packaged Food Propels Lamination Adhesives for Flexible Packaging Market
Robust Demand from End-Use Sectors Drive Acrylic Adhesives Market
Acrylic Based Adhesives
The Fastest Growing Product Segment
Acrylic Emulsion Adhesives Market - A Review
Non-Woven Adhesives Witness Increasing Demand in Emerging Markets
Composite Adhesives Market Continues to Experience Notable Expansion
Hot Melt Adhesives Market Maintains Strong Momentum
Economic Growth and Consumer Trends Shape Hot Melt Adhesives Market
Players Eye on Global Expansion
Moisture Curing Adhesives Market Experiencing Consistent Growth
An Overview of Anaerobic Adhesives Market
Emerging Economies to Provide Significant Impetus to Epoxy Adhesives Market
Overview of Electrically Conductive Adhesives Market
Product Innovation and Demand for Flexible Packaging Bolster Pressure Sensitive Adhesives Market
Packaging Remains Promising Application Area
Developing Economies Provide Significant Push to Tile & Stone Adhesive Market
Demand for Solvent-Free, Sustainable Products Drives UV Adhesives Market
An Overview of Waterproof Adhesives Market
Growth of End-Use Industries Provides Impetus to Polyurethane Adhesives Market
Robust Demand from Automotive and Aircraft Industries to Fuel Structural Adhesives Market
Demand for Pre-Packed Food to Drive Rigid Packaging Adhesives Market
Rising Use in Common and Commercial Glues Drives Polyvinyl Acetate Adhesives Market
Water-Based Adhesives
The Most Popular Major Adhesive Technology
Styrene Butadiene Rubber Based Adhesives
A Major Revenue Contributor
Product Developments Spearhead Market Growth
Need to Achieve Product Differentiation Encouraging Product Innovations
Environmental Friendly Products Poised to Benefit
Solvent Based Adhesives Set to Lose Ground to Eco Friendly Green Technologies
Radiation Cured Adhesives Gain Traction
Focus on Innovation in Adhesives
Select Technological Advancements
3M's Multi-Material Composite Urethane Scotch-Weld Adhesives
Advancement Benefit Medical and Automotive Industry
Henkel's Hybrid Structural Instant Adhesives
Uses and Applications

3. END MARKET TRENDS AND ISSUES
Comeback of the World Construction Sector to Spur Growth in the Market
Adhesives - Playing a Key Role in Automobile Manufacturing
Opportunity Indicators
Adhesives - Finding Use in Every Nook & Corner of the Car
Growing Auto Manufacturer Focus on Light Weight & Flat Design Vehicle Models Drive Strong Business Case for Adhesives
Environmental Regulations Governing Automotive Industry to Drive Demand
A Look into Environmental Norms Driving Industry Focus on Light Weight Vehicles & Indirectly Boosting Demand for Adhesives
Light Duty Vehicle Emission Regulations Landscape
Assembly Operations, Footwear & Woodwork Applications Driving Significant Demand for Adhesives
Electronics Sector Provides Traction to Specialized Conductive Adhesive Systems
Medical Adhesives: A Growing Application Area
Flexible Packaging Industry
Novel Adhesive Solutions Need of the Hour
Use of Adhesives in Food Packaging
Ecommerce Boosts Demand for Advanced Adhesives
Regulatory Demands and Technical Challenges
Pressure Sensitive Applications
Driving Significant Gains in Adhesives Market
Opportunity Indicators
Aerospace - A Potential Market for Adhesives
Underwater-Marine Applications to Sustain Demand for Specialized Marine Adhesives
Solar Energy Opens Up a New Avenue for Future Growth
Construction Industry Moves towards Eco-Friendly & Odor-Free Adhesive
Adhesives Cannibalize Sales of Mechanical Fasteners
Nanotechnology to Benefit Adhesive Manufacturing
High Margins Put Advanced Adhesives in Driving Seat
Key Challenges for Adhesives
Availability and Pricing of Raw Materials
Environmental Concerns
Adhesive's Inability to Contain Extreme Temperatures
Expensive Repairing Costs
Need for Improved Confidence on the Longevity

4. PRODUCT OVERVIEW
Adhesives: A Definition
Chemistry Behind Adhesion
Substrate Contact
Historic Milestones
Classification of Adhesives (Based on their Chemical Constitution)
Styrene Butadiene Rubber based Adhesives
Phenolic Adhesives
Polyolefin Adhesives
Polyethylene based Adhesives
Ethylene Vinyl Acetate Adhesives
Polypropylene Resins
Vinyl Acetate Ethylene Resins
Polysulfide Adhesives
Epoxy Adhesives
Starch & Dextrin based Adhesives
Acrylic Adhesives
Modified Acrylic Adhesives
Acrylic Emulsion Adhesives
Cyanoacrylates Adhesives
Acrylic Pressure Sensitive Adhesives
Acrylic Film Adhesives
Urea Formaldehyde Adhesives
Melamine Formaldehyde Adhesives
Polyvinyl Acetal Adhesives
Polyvinyl Acetate Adhesives
Neoprene Adhesives
Thermoplastic Rubber based Adhesives
Polyurethane Adhesives
Thermoplastic Polyurethane Adhesives
Thermoset Polyurethane Adhesives
Natural Rubber based Adhesives
Protein based Adhesives
Furan Adhesives
Polyvinyl Chloride based Adhesives
Reclaimed Rubber based Adhesives
Silicate Adhesives
Silicone Rubber based Adhesives
Silicone Pressure Sensitive Adhesives
Polyamide Adhesives
Polyvinyl Alcohol Adhesives
Nitrile Adhesives
Butyl Rubber & Polyisobutylene Adhesives
Polyester Adhesives
Saturated Polyester Adhesives
Unsaturated Polyester Adhesives
Ethylene Acrylic Acid Adhesives
Bitumen based Adhesives
Miscellaneous Adhesives
Other Elastomeric Adhesives
Other Synthetic Resin Adhesives and Sealants
Other Natural and Inorganic Products
Classification of Adhesives by Select Category

5. GLOBAL ADHESIVES: A LOOK INTO KEY END-USER APPLICATION AREAS
Packaging, Construction, Transportation, Tapes, Assembly, Consumer, and Others (includes corresponding Graph/Chart)
Key End-Use Applications of Adhesives
Consumer Markets
Art and Hobby Adhesives
Auto Aftermarket Adhesives
Beauty Care Products
Do-It-Yourself Adhesives
Paper and School Type Adhesives
Dental and Medical Adhesives
Electrical and Electronic Bonding
Battery Cover Sealing and Battery Assembly
Cable Sealing
Thermally and Electrically Conductive Adhesive Bonding
Motor and Magnet Bonding
Printed Circuit Boards
Pressure Sensitive Applications
Other Markets
Industrial Assembly
Abrasive Bonding
Appliance Assembly
Bookbinding
Carpet Bonding
Filter and Heat Exchanger Assembly
Foam Bonding
Footwear Bonding
Foundry Bonding
Friction Materials
Handles on Knives and Other Utensils, Containers, etc.
Inflatables
Insulating and Other Glass Bonding
Insulation
Non-Wovens
Office Partitions and Built-in Furniture
Signs
Sporting Goods
Textile Assembly
Other Adhesive Applications
On-Site Construction and Repair
Anti-Slip Material Bonding
Ceramic Tile Bonding
Concrete Bonding and Additives
Decorative Applications
Floor Tile, Carpet and Continuous Flooring
General Caulking and Sealing
Geomembranes and Geotextiles
Natural Stone Bonding
Weakness of Natural Stone Bonding Market
Factors Influencing Natural Stone Bonding Market
Pipe Bonding
Pipe, Cable, and Wire Wrap
Roofing Applications of Adhesives
Sealants for High Rise Windows
Sealants for Penetration Fire Barriers
Signs, Field Assemble & Sealing
Wallcovering, Decorative
Wallcovering, Drywall
Wood and Wood Composites Bonding
Other On-Site Construction Applications
Electrical Cable Conduit
Glass Bonding
Steel Reinforcing Plates to Concrete
Packaging
Bottle Cap Liners
Cans Ends and Side Seam Bonding
Case and Carton Sealing
Cigarettes and Cigars
Coextrusion Tiecoats
Corrugated Paper Container and Carton Bonding
Grocery Packaging
Labels and Gummed Tapes
Non-Pressure Sensitive Labels
Pressure Sensitive Labels
Paper Cups, Paper Cores, and Paper Tubes
Tape Adhesives
Other Adhesives Used in Packaging Applications
Transportation
Advanced Composite Bonding
Aircraft and Aerospace
Auto, Recreational Vehicle and Truck Bonding
Hem Flange Bonding
Interior and Exterior Trim Bonding
Auto Aftermarket (Professional)
Fuel Tank and Other Sealants
High Temperature Applications
Marine Applications
Marine Applications of Sealants
Safety Glass Laminating
Threadlocking and Retaining
Weather Stripping and Gasket Bonding
Wood Products and Related Industries
Drywall Manufacture
Furniture Bonding
General Wood Bonding
Plywood
Miscellaneous Markets
Aerosol Packaged Adhesives
Jewelry
Office and School Supplies
Postage Stamps and Other Government Use Adhesives
Miscellaneous Tapes and Labels
Other Uses of Adhesives
Instrumentation
Protective Clothing
Toys

6. REGULATIONS IMPACTING THE ADHESIVES INDUSTRY OVER THE YEARS
Year Y2K Onwards
The 1990s

7. PRODUCT LAUNCHES
Avery Dennison Unveils Advanced Line of Adhesives
Actega Introduces UV Laminating Adhesive Range
Dow Unveils New Adhesive Adcotetm L86-500
Ashland Launches Two New Solvent-Based PS Adhesives
Ashland Unveils Emulsion Pressure Sensitive Adhesives
Bostik Launches Bosti-Set
Sun Chemical Unveils FINEPLUS HM Adhesives Product Line from DIC Corporation
Eurobond Adhesives Introduces FlexiFix
LORD Unveils Epoxy-Modified Acrylic Adhesive
DIC Introduces PASLIM VM Series of Dry Laminating Adhesives
Bostik Unveils Olefin Elastic Attachment Adhesive
LORD Introduces Two New IMB Adhesives
Jowat Launches New Jowatherm-Reaktant 64
2.00 Adhesive
Henkel Unveils New Waterproof Construction Adhesive
LATICRETE Introduces TRI-LITE Adhesive
Ashland Unveils Aroset PS 5335 Modified Acrylic PSA
Ashland Unveils Two New Pressure Sensitive Adhesives
H.B. Fuller Introduces Unique Stretchable Adhesive
Ashland Unveils Aroset PS 6449 PSA
DriTac Launches New Supreme Green Adhesive
Ashland Introduces Aroset PS 5333 PSA
LIQUID NAILS Introduces FUZE*IT Adhesive
3M Unveils New Magnet Bonding Adhesive System
DriTac Launches Eco-Friendly Adhesive
Master Bond Unveils Supreme 11HTLP Two-Part Epoxy Adhesive
Frimpeks Introduces New Line of Self-Adhesive Substrates
H.B. Fuller Introduces Advantra 8790 Adhesive
H.B. Fuller Unveils Woodworking Adhesive Solutions

8. RECENT INDUSTRY ACTIVITY
H.B. Fuller to Take Over Royal Adhesives & Sealants
AkzoNobel Takes Over Disa Technology
Sika Takes Over ABC Sealants
AJ Adhesives & Mid America Packaging Takes Over Adhesives Plus
Saint-Gobain Takes Over TekBond
H.B. Fuller to Buy Adecol
Soudal Takes Over Mitol Adhesive Manufacturer
H.B. Fuller Takes Over Wisdom Worldwide Adhesives
Stauf Adhesives Buys Advanced Adhesives Technologies
Dow Merges with DuPont
BASF Partners with HP Indigo
LORD Enters Exclusive Distribution Relationship with Saint-Gobain
R.D. Abbott Inks Distribution Agreement with LORD
Bostik Expands MRO Product Facility Distribution Network
LINTEC Takes Over MACtac Americas
Ashland Partners with HP
Royal Adhesives & Sealants Acquires Bacon Adhesives
HP Partners with Henkel
H.B. Fuller to buy Cyberbond
H.B. Fuller Takes Over Advanced Adhesives
IPS Takes Over Integra Adhesives
Synthomer to Purchase Hexion PAC Company
Covestro Signs Distribution Agreement with IMCD
Dow Partners with Nordmeccanica Spa to Bring New Technologies
3M Divest Pressurized Polyurethane Foam Adhesives
Arkema Takes Over Bostik
Bostik Inaugurates New Dallas Plant

9. FOCUS ON SELECT GLOBAL PLAYERS

10. GLOBAL MARKET PERSPECTIVE

Total Companies Profiled: 264 (including Divisions/Subsidiaries 345)

  • The United States (113)
  • Canada (7)
  • Japan (7)
  • Europe (188)
  • France (10)
  • Germany (35)
  • The United Kingdom (66)
  • Italy (27)
  • Spain (6)
  • Rest of Europe (44)
  • Asia-Pacific (Excluding Japan) (26)
  • Middle East (3)

For more information about this report visit https://www.researchandmarkets.com/research/xvkjnm/adhesives

Media Contact:

Laura Wood, Senior Manager
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11/23/2017 13:30 EET

​ONLINE NEWS 23 November 2017

Fortum has completed the replacement investment  at the Chelyabinsk GRES power plant. The new combined-cycle gas turbine (CCGT) unit with 247.5 MW of electricity generation capacity and 174 MW of heat capacity has started commercial operation. The new turbine will replace the old eight turbine generators in the power plant, which was originally commissioned 87 years ago.

"The replacement project improves our security of supply in the Chelyabinsk heat system and significantly reduces emissions," says Alexander Chuvaev, Executive Vice President, Russia Division for Fortum.

Fortum concluded its Russian investment program with the commissioning of two CCGT units of Chelyabinsk GRES in 2015-2016. In total, the investment program comprised of eight power units with a combined capacity of over two gigawatts in the Chelyabinsk and Tyumen regions. The return on invested capital for new capacity built under the investment programme is covered under the capacity supply agreements (CSA).

The total electricity generation capacity of Fortum's Chelyabinsk GRES is 742 MW, and heat capacity 988 MW.

Print
ET | Source: Scatec Solar

Oslo, November 23, 2017: The Board of Directors of Scatec Solar ASA ('SSO') call for an Extraordinary General Meeting to be held at the Company's registered office in Karenslyst Allé 49, 0279 Oslo (4th floor) on 14 December 2017 at 09:00 (CET) for the purpose of electing a new Member of the Board of Directors.

The complete Notice of the Extraordinary General Meeting is enclosed, and will also be distributed by post to Scatec Solar's registered shareholders as of today. 

For further information, please contact:

- Mr. Raymond Carlsen, CEO, tel: +47 454 11 280,
  E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

- Mr. Mikkel Tørud, CFO, tel: +47 976 99 144,
  E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable source of clean energy worldwide. A long term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants, and already has an installation track record of close to 600 MW.

Currently, the company is producing electricity from 322 MW of solar power plants in the Czech Republic, South Africa, Rwanda, Honduras and Jordan and another 394 MW are under construction.

 With an established global presence, the company is growing briskly with a project backlog and pipeline of more than 1.5 GW under development in the Americas, Africa, Asia and the Middle East. Scatec Solar is headquartered in Oslo, Norway.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Attachments:

http://www.globenewswire.com/NewsRoom/AttachmentNg/87fc1c84-6cf0-4738-9652-d6204aaa5a03

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

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

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

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

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

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

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

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

Opening session highlights: Wednesday 29 November 2017:

Theme: Mapping the journeys of the future utility 

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

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

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

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

Speakers:

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


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

Free expo highlights include:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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REC Group and the second time its innovative TwinPeak technology based on half-cut multicrystalline PERC cells has been awarded

Direct access to technical support and a new web presence to premiere at SPI 2017

Voltalia, an international player in renewable energies, announces the launch of the construction of a new 8.2 MW solar power plant in France, in the Bouches-du-Rhône department.

Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energies, announces the start of construction works at the French solar power plants of Canadel (10.4 MW) and Castellet 2 (3.8 MW) located in the southern-France region of Var. 

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

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

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

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

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

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

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

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

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

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

 

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

 

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

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

Current challenges in the energy and blockchain industries

 

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

 

Envion’s solutions

 

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

 

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

 

Investment opportunities

 

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

 

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

 

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

 

 

 

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

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

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

Q2 & H1 of Financial Year 2017-18

13th Nov, 2017

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

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

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

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


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NTPC Family Members Extend all Possible Assistance for Unchahar

08th Nov, 2017

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

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

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

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

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

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

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

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


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JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it has supplied 23MW of high-

For AlsoEnergy, the top selling independent monitoring provider for commercial PV in North America, this partnership is an opportunity to extend international coverage for sales and support.

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

The Vice President of India, Shri M. Venkaiah Naidu has said that Kochi is a cosmopolitan city with a blend of rich culture, heritage and modernization. He was addressing the gathering after inaugurating the Golden Jubilee Celebrations of Kochi Municipal Corporation, in Kochi, Kerala today. The Governor of Kerala, Shri P. Sathasivam, the Minister for Local Self-Governments, Welfare of Minorities, Wakf and Haj, Kerala, Dr. K.T. Jaleel, the Mayor of Kochi, Smt. Soumini Jain and other dignitaries were present on the occasion.

 

The Vice President said that Kochi has had strong ties with the Greeco-Romans, active trading relations with many South Asian and South-East Asian nations and also has been a colony of the Portuguese, the Dutch and the British. He further said that it is one of the top destinations in the country for a wide range of industries – from Tourism, Shipping and Information Technology to International trade and Bio-technology. The Container Transshipment terminal at Vallarpadam,  international bunkering terminal and the CNG Terminal have developed Kochi into an economic and logistical hub, he added.

 

The Vice President said that rapid urbanization, burgeoning urban population, unplanned and haphazard growth of urban areas, inability of the civic bodies to cope with increasing demand in services, lack of adequate financial resources and functional powers are the major problems faced by corporations and other urban civic bodies. He further said that since mayors and corporators are elected by the people, they would be directly answerable to the voters.  They also need to be empowered with three Fs—funds, functions and functionaries, he added.

 

Following is the text of Vice President's address:

 

"I am extremely pleased to inaugurate the Golden Jubilee Celebrations of the Kochi Municipal Corporation, which has carved a niche for itself in the area of local self-government. I convey my warm felicitations and greetings to all the delegates present here today, especially the Mayor and the council of the Kochi Municipal Corporation.

 

I would also like to express my appreciation to all the stalwarts of the past and present, whose vision, efforts and dedication enabled the local self government to serve its people for 50 long years.

 

Friends, the Golden Jubilee Celebration of any institution is not only an event of great importance and joy, but also an occasion to introspect, recollect the achievements and chalk out an action plan for the future. Today, when I stand before you to address on this happy and solemn occasion, my thoughts go back not only to about 50 years but beyond that. 

Kochi, the commercial hub of Kerala, is a city steeped in history. It has been the part of urban history for hundreds of years having had active trading and cultural relations with almost all major trading centres across the world.

 

It has had strong ties with the Greeco-Romans, active trading relations with many South Asian and South-East Asian nations and also has been a colony of the Portuguese, the Dutch and the British. Kochi was one of the first regions in the world that provided refuge to the fleeing Jewish population and this vibrant Jewish population continues to contribute immensely to the overall development of the city.

 

In 1947, when India gained independence from the British colonial rule, Kochi was the first princely State to join the Indian Union willingly.

 

On 9th July 1960, the Mattancherry council of Kochi passed a resolution—which was forwarded to the government—requesting the formation of a municipal corporation by combining the then existing municipalities of Fort Kochi, Mattancherry, and Ernakulam.

 

Based on the report of a government-appointed commission, the Kerala Legislative Assembly approved the corporation's formation and on 1st November 1967, exactly 50 years ago, the Kochi Municipal Corporation came into existence. 

 

In the last 50 years, Kochi has grown to become a vibrant metropolis with a composite culture. It is one of the top destinations in the country for a wide range of industries – from Tourism, Shipping and Information Technology to International trade and Bio-technology. 

 

It is a cosmopolitan city with a blend of rich culture, heritage and modernization. 

 

Kochi is one of the most prosperous cities in the country and contributes a major chunk of its revenue to the State’s coffers. The Container Transshipment terminal at Vallarpadam,  international bunkering terminal and the CNG Terminal have developed Kochi into an economic and logistical hub. Cochin international airport has set an example to others by becoming the first airport in the world to be completely operated on solar power, while Kochi Metro is effectively serving the commuting needs of the city’s population. 

 

In the coming years, I see Kochi to be one of the strongest and fastest growing cities in India. It is the first Indian Tier-II city to have a metro rail. It is a venue for one of the two submarine cable landings in India and is home to India’s first global hub terminal. All these potential drivers act as growth triggers for the city.

 

One of the ambitious missions of the Government of India, the Smart City mission seeks to develop cities into throbbing, sustainable, resilient, inclusive and citizen-friendly urban centres. In the first round, 20 cites were selected and I am happy Kochi was among the top five cities. I really hope that Kochi excels in the mission and is able to transform itself into an all-encompassing livable city.

 

Friends, as all of you are aware, I served as Urban Development Minister earlier and have a fairly good idea of the problems faced by municipal corporations and urban local bodies, their administrators and elected representatives.

 

Rapid urbanization, burgeoning urban population, unplanned and haphazard growth of urban areas, inability of the civic bodies to cope with increasing demand in services, lack of adequate financial resources and functional powers are the major problems faced by corporations and other urban civic bodies.

 

Firstly, outdated laws and regulations which seek to centralize powers and functions rather than decentralize them must be reworked. The top-down approach must be replaced by bottom-up approach for finding effective governance at the local level. Times have changed and so have people’s expectations.

 

The tax-paying public rightly wants corruption-free, accountable, transparent and effective governance.     

 

While availability of funds might not pose a problem under various programmes, including the ‘Smart Cities’ initiative, launched by the Union Government, the timely execution of the projects must be accorded highest priority.

 

Laws will have to be amended if they come in the way of effective functioning of municipal bodies and lead to delays in execution of projects. If necessary, the municipal corporations must be given more legislative powers and the mayors empowered with greater administrative functions to enable effective governance.

 

Since mayors and corporators are elected by the people, they would be directly answerable to the voters. Therefore, greater accountability has to be infused in the functioning of the corporations and elected representatives. However, they also need to be empowered with three Fs—funds, functions and functionaries. In case, each local body is governed by a different act, the situation must be remedied by clubbing varied acts and bringing out a single, umbrella act for ensuring uniformity in functioning and governance.

 

I would also like the Kochi Municipal Corporation to reduce the interface between the citizens and its officials to the maximum extent by providing all services online. It would not only help in promoting efficiency but also reduce corruption. 

 

Before I conclude I would like to congratulate the Kochi Municipal Corporation for transforming itself into a people-friendly institution with a high degree of transparency and efficiency. You have been successful to a great extent in carrying forward the spirit of decentralization and it is also highly commendable that you have been very responsive institution to the local needs.

 

I hope you will relentlessly work to be an institution of excellence, always alive to the current realities, agile enough to respond to changing contexts and forward-looking enough to anticipate future trends. 

 

I wish you all the very best in your endeavors to deliver high quality services to the city and its people.

 

Thank you and  Jai Hind!"

***

KSD/BK

 

The Prime Minister, Shri Narendra Modi, today chaired his twenty-third interaction through PRAGATI - the ICT-based, multi-modal platform for Pro-Active Governance and Timely Implementation.  

The first twenty-two meetings of PRAGATI have seen a cumulative review of 200 projects with a total investment of Rs. 9.31 lakh crore. Resolution of Public Grievances has also been reviewed in 17 sectors.   

Today, in the twenty-third meeting, the Prime Minister reviewed the progress towards handling and resolution of grievances related to consumers. The Prime Minister was briefed on the action taken to ensure speedy and effective disposal of consumer grievances. Expressing concern over the large number of grievances, the Prime Minister emphasized on the need for improvement in the administrative arrangements, so that consumers can be benefited. 

The Prime Minister reviewed the progress of nine infrastructure projects in the railway, road, power, and renewable energy sectors, spread over several states including Uttarakhand, Odisha, West Bengal, Karnataka, Tamil Nadu, Kerala, Nagaland, Assam, Maharashtra, Telangana and Andhra Pradesh. These projects are cumulatively worth over 30,000 crore rupees.  

The Prime Minister reviewed the progress in implementation of the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY). He said that funds accruing to the District Mineral Foundations (DMFs) should be utilized to strategically focus upon and eliminate major development issues or deficits that these districts currently face. He said this should be done in a focused way, so as to achieve the greatest possible, tangible results by 2022, which marks 75 years of independence.

 

****

 

AKT/NT

The Appointments Committee of the Cabinet has approved the following appointments of officers at Joint Secretary / Joint Secretary equivalent level:

 

(1)        Shri Rajeev Singh Thakur, IAS (RJ:1995), as Joint Secretary, Department of Defence from the date of assumption of the charge of the post, for a tenure of five years or until further orders, whichever is earlier vice Shri Jiwesh  Nandan, IAS (UP: 1987)

 

(2)        Shri Ravi Kant, IOFS (1986), Joint Secretary, Department of Ex-Servicemen Welfare as Joint Secretary, Department of Defence, on lateral shift basis, from the date of assumption of the charge of the post, for a tenure of overall five years i.e. upto 27.11.2021 or until further orders, whichever is earlier vice Shri Rajeev Verma, IAS (UT: 1992)

 

(3)        Shri Hari Prasad Pudi, IRAS (1994), as Joint Secretary, Department of Ex-Servicemen Welfare, from the date of assumption of the charge of the post, for a tenure of five years or until further orders, whichever is earlier vice Shri Ravi Kant, IOFS (1986)

 

(4)        Shri Kumar Vinay Pratap, IES (1992), as Joint Secretary, Department of Economic Affairs, from the date of assumption of the charge of the post, for a tenure of five years or until further orders, whichever is earlier vice Ms. Sharmila Chavaly, IRAS (1985)

 

(5)        Shri Kamran Rizvi, IAS (UP:1991), as Joint Secretary, Department of Rural Development, from the date of assumption of the charge of the post, for a tenure of five years or until further orders, whichever is earlier vice Shri Rajesh Bhushan, IAS (BH:1987)

 

(6)        Shri Sachin Sinha, IAS (MP:1995), as Joint Secretary, Department of School Education and Literacy, from the date of assumption of the charge of the post, for a tenure of five years or until further orders, whichever is earlier vice Shri Ajay Tirkey, IAS (MP: 1987)

 

(7)        Shri V. Shashank Sekhar, IAS (NL: 1996), Joint Secretary, Ministry of Home Affairs, as Joint Secretary, Department of School Education and Literacy, on lateral shift basis, from the date of assumption of the charge of the post, for a tenure of overall five years upto 16.11.2019 or until further orders, whichever is earlier vice Ms. Anita Karwal, IAS (GJ:1988)

 

(8)        Shri Pankaj Rag, IAS (MP:1990), Joint Secretary, Ministry of Culture as Joint Secretary, Ministry of Sports, on lateral shift basis, from the date of assumption of the charge of the post, for a tenure of overall five years upto 17.03.2019 or until further orders, whichever is earlier vice Shri Rajvir Singh, IA&AS (1991)

 

(9)        Shri Sushil Kumar Singla, IFOS (HP:1994), as Joint Secretary, Department of Land Resources from the date of assumption of the charge of the post, for a tenure of combined seven years upto 11.01.2019 or until further orders, whichever is earlier vice Shri Gopal Krishna Dwivedi, IAS (AP:1993)

(10)    Shri Anuj Sharma, IDES(1991), as Joint Secretary, Ministry of Home Affairs from the date of assumption of the charge of the post, for a tenure of overall five years upto 24.09.2018 or until further orders, whichever is earlier vice Shri A.R. Sule, IDAS (1993)

 

(11) Shri Dharma Reddy Alla, IDES (1991) as Joint Secretary, Ministry of Home Affairs from the date of assumption of the charge of the post, for a tenure of overall five years upto 15.04.2020 or until further orders, whichever is earlier vice Shri V. Shashank Shekhar, IAS (NL: 1996);

 

(12)   Shri Sanjay Kumar Sinha, IFOS (JK:1993), as Joint Secretary, Department of Higher Education from the date of assumption of the charge of the post, for a tenure of overall five years upto 23.08.2020 or until further orders, whichever is earlier vice Shri Rakesh Ranjan, IAS (MN: 1992)

 

(13)   Shri Shravan Kumar, IRS (IT:1991), as Joint Secretary, Ministry of Culture from the date of assumption of the charge of the post, for a tenure of combined seven years upto 07.06.2019 or until further orders, whichever is earlier vice Shri Pankaj Rag, IAS (MP: 1990);

 

(14)   Shri Anant Swarup, IRPS (1992), as Joint Secretary, Department of Commerce from the date of assumption of the charge of the post, for a tenure of five years or until further orders, whichever is earlier vice Shri Ali Raza Rizvi, IAS (HP:1988)

 

(15)   Shri Jatindra Nath Swain, IAS (TN:1988), as Managing Director, Solar Energy Corporation of India (JS level) under the Ministry of New & Renewable Energy, on lateral shift basis, from the date of assumption of the charge of the post, for a tenure of overall five years upto 04.06.2022 or until further orders, whichever is earlier;

 

(16)   Shri Sanjay Rastogi, IAS (OD:1991), as Development Commissioner (Handlooms) (JS level), Ministry of Textiles from the date of assumption of the charge of the post, for a tenure of five years or until further orders, whichever is earlier vice Shri Alok Kumar, IAS (UP: 1988);

 

(17)   Shri Sundeep Kumar Nayak, IAS (JK:1988), Managing Director, NCDCI (JS level) under the Department of Agriculture, Cooperation & Farmers Welfare, from the date of assumption of the charge of the post, for a tenure of five years or until further orders, whichever is earlier vice Smt. Vasudha Mishra, IAS (TG:1987);

 

(18)   Shri Anoop Srivastava, IDAS (1989), as Joint Secretary & FA, Department of Space, from the date of assumption of the charge of the post, for a tenure of overall five years upto 31.03.2021 or until further orders, whichever is earlier by temporarily downgrading one post of Additional Secretary & FA under D/o Space;

 

(19)   Shri Keshav Chandra, IAS (UT :1995), as Joint Secretary (Logistics), Department of Commerce from the date of assumption of the charge of the post, for a tenure of overall five years upto 31.03.2021 or until further orders, whichever is earlier, by temporarily upgrading a newly created post of Director, Logistics Division, Department of Commerce to Joint Secretary;

 

(20)   Shri P. Shakil Ahamed, IAS (AM:1995) as Sr. Executive Director/OSD in Rural Electrification Corporation Ltd. (REC) under the Ministry of Power for implementation of 'SAUBHAGYAI Scheme for a combined seven year tenure upto 24.06.2019 by treating the post as Non-CSS as a one time measure.

 

***

KSD/PK/RS

 

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

 

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

 

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

 

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

 

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

 

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

 

*****

RM/VM

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

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

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

*****

DSM/SBS/KA

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

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

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

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

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

NA/DK

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

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

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

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

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

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

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

This report analyzes the worldwide markets for Adhesives in volume (Thousand Pounds) & value (US$ Thousand) by the following Chemical Type:

  • Styrene Butadiene Rubber
  • Phenolic
  • Polyolefin
  • Epoxy
  • Starch & Dextrin
  • Acrylic (Cyanoacrylic & Others, Acrylic PSA and Acrylic Emulsion)
  • Urea Formaldehyde
  • Polyvinyl Acetal
  • Polyvinyl Acetate
  • Neoprene
  • Thermoplastic Rubber
  • Polyurethane
  • Natural Rubber
  • Protein
  • Furan
  • Polyvinyl Chloride
  • Reclaimed Rubber
  • Silicate
  • Silicone Rubber
  • Polyamide
  • Polyvinyl Alcohol
  • Nitrile
  • Butyl Rubber & PIB
  • Polyester
  • Ethylene
  • Bitumen
  • Miscellaneous

The report profiles 264 companies including many key and niche players such as:

  • 3M Company (USA)
  • Adhesives Research, Inc. (USA)
  • Adhesives Technology Corp. (USA)
  • Akzo Nobel N.V. (The Netherlands)
  • Ashland, Inc. (USA)
  • Avery Dennison Corporation (USA)
  • BASF SE (Germany)
  • Beardow & Adams (Adhesives) Limited (UK)
  • Bemis Associates, Inc. (USA)
  • Berry Global, Inc. (USA)
  • Bostik, Inc. (USA)
  • Covestro AG (Germany)
  • DIC Corporation (Japan)
  • DowDuPont (USA)
  • DYMAX Corp. (USA)
  • Franklin International, Inc. (USA)
  • Georgia-Pacific Chemicals LLC (USA)
  • H.B. Fuller Company (USA)
  • Henkel AG & Co. KGaA (Germany)
  • Huntsman Corporation (USA)
  • Illinois Tool Works, Inc. (USA)
  • Permatex, Inc. (USA)
  • LORD Corporation (USA)
  • Mapei S.p.A. (Italy)
  • Momentive (USA)
  • PPG Industries (USA)
  • RPM International, Inc. (USA)
  • DAP Products, Inc. (USA)
  • Sika AG (Switzerland)

 Key Topics Covered:

1. INDUSTRY OVERVIEW
A Rudimentary Industry Roundup
Where Do Opportunities Lie?
Raw Material Availability
A Crucial Factor for Adhesive Manufacturing
Manufacturing Shift to Low Cost Destinations
Improving Economy Buoys General Market Optimism
Urbanization
A Mega Growth Driver
Developing Countries to Drive Future Growth
Outsourcing of Manufacturing Activity Boosts Demand for Adhesives in Developing Countries
Market Outlook
Competition
Market Share Statistics
Assessing the Impact of Recent Past Economic Upheavals on Adhesives Market
Growth Momentum Improves in 2015 & Beyond

2. KEY PRODUCT TRENDS & GROWTH DRIVERS
Conventional Adhesive Technology: An Overview
Hybrid Structural Instant Adhesives: A Breakthrough in Adhesive Technologies
Cyanoacrylates
Epoxies
Rising Demand and Product Innovation Boost Industrial Adhesives Market
Overview of Automotive Adhesives Market
Wood Adhesives Market to Exhibit Decent Growth
Competitive Scenario & Key Players
Overview of Electronic Adhesives Market
Increasing Adoption in Various End-Use Sectors Drive the Market
Surface Mounting Application to Offer Lucrative Opportunities
Expansion of End-Use Industries Propels Demand for Glass Bonding Adhesives
Robust Packaged Food Industry to Impel Label Adhesives Market
Confluence of Positive Factors to Propel Metal Bonding Adhesives Market
Emerging Economies Provide Growth Platform for Roofing Adhesives Market
High Strength Laminating Adhesives Market Gather Stream
Rising Consumption of Packaged Food Propels Lamination Adhesives for Flexible Packaging Market
Robust Demand from End-Use Sectors Drive Acrylic Adhesives Market
Acrylic Based Adhesives
The Fastest Growing Product Segment
Acrylic Emulsion Adhesives Market - A Review
Non-Woven Adhesives Witness Increasing Demand in Emerging Markets
Composite Adhesives Market Continues to Experience Notable Expansion
Hot Melt Adhesives Market Maintains Strong Momentum
Economic Growth and Consumer Trends Shape Hot Melt Adhesives Market
Players Eye on Global Expansion
Moisture Curing Adhesives Market Experiencing Consistent Growth
An Overview of Anaerobic Adhesives Market
Emerging Economies to Provide Significant Impetus to Epoxy Adhesives Market
Overview of Electrically Conductive Adhesives Market
Product Innovation and Demand for Flexible Packaging Bolster Pressure Sensitive Adhesives Market
Packaging Remains Promising Application Area
Developing Economies Provide Significant Push to Tile & Stone Adhesive Market
Demand for Solvent-Free, Sustainable Products Drives UV Adhesives Market
An Overview of Waterproof Adhesives Market
Growth of End-Use Industries Provides Impetus to Polyurethane Adhesives Market
Robust Demand from Automotive and Aircraft Industries to Fuel Structural Adhesives Market
Demand for Pre-Packed Food to Drive Rigid Packaging Adhesives Market
Rising Use in Common and Commercial Glues Drives Polyvinyl Acetate Adhesives Market
Water-Based Adhesives
The Most Popular Major Adhesive Technology
Styrene Butadiene Rubber Based Adhesives
A Major Revenue Contributor
Product Developments Spearhead Market Growth
Need to Achieve Product Differentiation Encouraging Product Innovations
Environmental Friendly Products Poised to Benefit
Solvent Based Adhesives Set to Lose Ground to Eco Friendly Green Technologies
Radiation Cured Adhesives Gain Traction
Focus on Innovation in Adhesives
Select Technological Advancements
3M's Multi-Material Composite Urethane Scotch-Weld Adhesives
Advancement Benefit Medical and Automotive Industry
Henkel's Hybrid Structural Instant Adhesives
Uses and Applications

3. END MARKET TRENDS AND ISSUES
Comeback of the World Construction Sector to Spur Growth in the Market
Adhesives - Playing a Key Role in Automobile Manufacturing
Opportunity Indicators
Adhesives - Finding Use in Every Nook & Corner of the Car
Growing Auto Manufacturer Focus on Light Weight & Flat Design Vehicle Models Drive Strong Business Case for Adhesives
Environmental Regulations Governing Automotive Industry to Drive Demand
A Look into Environmental Norms Driving Industry Focus on Light Weight Vehicles & Indirectly Boosting Demand for Adhesives
Light Duty Vehicle Emission Regulations Landscape
Assembly Operations, Footwear & Woodwork Applications Driving Significant Demand for Adhesives
Electronics Sector Provides Traction to Specialized Conductive Adhesive Systems
Medical Adhesives: A Growing Application Area
Flexible Packaging Industry
Novel Adhesive Solutions Need of the Hour
Use of Adhesives in Food Packaging
Ecommerce Boosts Demand for Advanced Adhesives
Regulatory Demands and Technical Challenges
Pressure Sensitive Applications
Driving Significant Gains in Adhesives Market
Opportunity Indicators
Aerospace - A Potential Market for Adhesives
Underwater-Marine Applications to Sustain Demand for Specialized Marine Adhesives
Solar Energy Opens Up a New Avenue for Future Growth
Construction Industry Moves towards Eco-Friendly & Odor-Free Adhesive
Adhesives Cannibalize Sales of Mechanical Fasteners
Nanotechnology to Benefit Adhesive Manufacturing
High Margins Put Advanced Adhesives in Driving Seat
Key Challenges for Adhesives
Availability and Pricing of Raw Materials
Environmental Concerns
Adhesive's Inability to Contain Extreme Temperatures
Expensive Repairing Costs
Need for Improved Confidence on the Longevity

4. PRODUCT OVERVIEW
Adhesives: A Definition
Chemistry Behind Adhesion
Substrate Contact
Historic Milestones
Classification of Adhesives (Based on their Chemical Constitution)
Styrene Butadiene Rubber based Adhesives
Phenolic Adhesives
Polyolefin Adhesives
Polyethylene based Adhesives
Ethylene Vinyl Acetate Adhesives
Polypropylene Resins
Vinyl Acetate Ethylene Resins
Polysulfide Adhesives
Epoxy Adhesives
Starch & Dextrin based Adhesives
Acrylic Adhesives
Modified Acrylic Adhesives
Acrylic Emulsion Adhesives
Cyanoacrylates Adhesives
Acrylic Pressure Sensitive Adhesives
Acrylic Film Adhesives
Urea Formaldehyde Adhesives
Melamine Formaldehyde Adhesives
Polyvinyl Acetal Adhesives
Polyvinyl Acetate Adhesives
Neoprene Adhesives
Thermoplastic Rubber based Adhesives
Polyurethane Adhesives
Thermoplastic Polyurethane Adhesives
Thermoset Polyurethane Adhesives
Natural Rubber based Adhesives
Protein based Adhesives
Furan Adhesives
Polyvinyl Chloride based Adhesives
Reclaimed Rubber based Adhesives
Silicate Adhesives
Silicone Rubber based Adhesives
Silicone Pressure Sensitive Adhesives
Polyamide Adhesives
Polyvinyl Alcohol Adhesives
Nitrile Adhesives
Butyl Rubber & Polyisobutylene Adhesives
Polyester Adhesives
Saturated Polyester Adhesives
Unsaturated Polyester Adhesives
Ethylene Acrylic Acid Adhesives
Bitumen based Adhesives
Miscellaneous Adhesives
Other Elastomeric Adhesives
Other Synthetic Resin Adhesives and Sealants
Other Natural and Inorganic Products
Classification of Adhesives by Select Category

5. GLOBAL ADHESIVES: A LOOK INTO KEY END-USER APPLICATION AREAS
Packaging, Construction, Transportation, Tapes, Assembly, Consumer, and Others (includes corresponding Graph/Chart)
Key End-Use Applications of Adhesives
Consumer Markets
Art and Hobby Adhesives
Auto Aftermarket Adhesives
Beauty Care Products
Do-It-Yourself Adhesives
Paper and School Type Adhesives
Dental and Medical Adhesives
Electrical and Electronic Bonding
Battery Cover Sealing and Battery Assembly
Cable Sealing
Thermally and Electrically Conductive Adhesive Bonding
Motor and Magnet Bonding
Printed Circuit Boards
Pressure Sensitive Applications
Other Markets
Industrial Assembly
Abrasive Bonding
Appliance Assembly
Bookbinding
Carpet Bonding
Filter and Heat Exchanger Assembly
Foam Bonding
Footwear Bonding
Foundry Bonding
Friction Materials
Handles on Knives and Other Utensils, Containers, etc.
Inflatables
Insulating and Other Glass Bonding
Insulation
Non-Wovens
Office Partitions and Built-in Furniture
Signs
Sporting Goods
Textile Assembly
Other Adhesive Applications
On-Site Construction and Repair
Anti-Slip Material Bonding
Ceramic Tile Bonding
Concrete Bonding and Additives
Decorative Applications
Floor Tile, Carpet and Continuous Flooring
General Caulking and Sealing
Geomembranes and Geotextiles
Natural Stone Bonding
Weakness of Natural Stone Bonding Market
Factors Influencing Natural Stone Bonding Market
Pipe Bonding
Pipe, Cable, and Wire Wrap
Roofing Applications of Adhesives
Sealants for High Rise Windows
Sealants for Penetration Fire Barriers
Signs, Field Assemble & Sealing
Wallcovering, Decorative
Wallcovering, Drywall
Wood and Wood Composites Bonding
Other On-Site Construction Applications
Electrical Cable Conduit
Glass Bonding
Steel Reinforcing Plates to Concrete
Packaging
Bottle Cap Liners
Cans Ends and Side Seam Bonding
Case and Carton Sealing
Cigarettes and Cigars
Coextrusion Tiecoats
Corrugated Paper Container and Carton Bonding
Grocery Packaging
Labels and Gummed Tapes
Non-Pressure Sensitive Labels
Pressure Sensitive Labels
Paper Cups, Paper Cores, and Paper Tubes
Tape Adhesives
Other Adhesives Used in Packaging Applications
Transportation
Advanced Composite Bonding
Aircraft and Aerospace
Auto, Recreational Vehicle and Truck Bonding
Hem Flange Bonding
Interior and Exterior Trim Bonding
Auto Aftermarket (Professional)
Fuel Tank and Other Sealants
High Temperature Applications
Marine Applications
Marine Applications of Sealants
Safety Glass Laminating
Threadlocking and Retaining
Weather Stripping and Gasket Bonding
Wood Products and Related Industries
Drywall Manufacture
Furniture Bonding
General Wood Bonding
Plywood
Miscellaneous Markets
Aerosol Packaged Adhesives
Jewelry
Office and School Supplies
Postage Stamps and Other Government Use Adhesives
Miscellaneous Tapes and Labels
Other Uses of Adhesives
Instrumentation
Protective Clothing
Toys

6. REGULATIONS IMPACTING THE ADHESIVES INDUSTRY OVER THE YEARS
Year Y2K Onwards
The 1990s

7. PRODUCT LAUNCHES
Avery Dennison Unveils Advanced Line of Adhesives
Actega Introduces UV Laminating Adhesive Range
Dow Unveils New Adhesive Adcotetm L86-500
Ashland Launches Two New Solvent-Based PS Adhesives
Ashland Unveils Emulsion Pressure Sensitive Adhesives
Bostik Launches Bosti-Set
Sun Chemical Unveils FINEPLUS HM Adhesives Product Line from DIC Corporation
Eurobond Adhesives Introduces FlexiFix
LORD Unveils Epoxy-Modified Acrylic Adhesive
DIC Introduces PASLIM VM Series of Dry Laminating Adhesives
Bostik Unveils Olefin Elastic Attachment Adhesive
LORD Introduces Two New IMB Adhesives
Jowat Launches New Jowatherm-Reaktant 64
2.00 Adhesive
Henkel Unveils New Waterproof Construction Adhesive
LATICRETE Introduces TRI-LITE Adhesive
Ashland Unveils Aroset PS 5335 Modified Acrylic PSA
Ashland Unveils Two New Pressure Sensitive Adhesives
H.B. Fuller Introduces Unique Stretchable Adhesive
Ashland Unveils Aroset PS 6449 PSA
DriTac Launches New Supreme Green Adhesive
Ashland Introduces Aroset PS 5333 PSA
LIQUID NAILS Introduces FUZE*IT Adhesive
3M Unveils New Magnet Bonding Adhesive System
DriTac Launches Eco-Friendly Adhesive
Master Bond Unveils Supreme 11HTLP Two-Part Epoxy Adhesive
Frimpeks Introduces New Line of Self-Adhesive Substrates
H.B. Fuller Introduces Advantra 8790 Adhesive
H.B. Fuller Unveils Woodworking Adhesive Solutions

8. RECENT INDUSTRY ACTIVITY
H.B. Fuller to Take Over Royal Adhesives & Sealants
AkzoNobel Takes Over Disa Technology
Sika Takes Over ABC Sealants
AJ Adhesives & Mid America Packaging Takes Over Adhesives Plus
Saint-Gobain Takes Over TekBond
H.B. Fuller to Buy Adecol
Soudal Takes Over Mitol Adhesive Manufacturer
H.B. Fuller Takes Over Wisdom Worldwide Adhesives
Stauf Adhesives Buys Advanced Adhesives Technologies
Dow Merges with DuPont
BASF Partners with HP Indigo
LORD Enters Exclusive Distribution Relationship with Saint-Gobain
R.D. Abbott Inks Distribution Agreement with LORD
Bostik Expands MRO Product Facility Distribution Network
LINTEC Takes Over MACtac Americas
Ashland Partners with HP
Royal Adhesives & Sealants Acquires Bacon Adhesives
HP Partners with Henkel
H.B. Fuller to buy Cyberbond
H.B. Fuller Takes Over Advanced Adhesives
IPS Takes Over Integra Adhesives
Synthomer to Purchase Hexion PAC Company
Covestro Signs Distribution Agreement with IMCD
Dow Partners with Nordmeccanica Spa to Bring New Technologies
3M Divest Pressurized Polyurethane Foam Adhesives
Arkema Takes Over Bostik
Bostik Inaugurates New Dallas Plant

9. FOCUS ON SELECT GLOBAL PLAYERS

10. GLOBAL MARKET PERSPECTIVE

Total Companies Profiled: 264 (including Divisions/Subsidiaries 345)

  • The United States (113)
  • Canada (7)
  • Japan (7)
  • Europe (188)
  • France (10)
  • Germany (35)
  • The United Kingdom (66)
  • Italy (27)
  • Spain (6)
  • Rest of Europe (44)
  • Asia-Pacific (Excluding Japan) (26)
  • Middle East (3)

For more information about this report visit https://www.researchandmarkets.com/research/xvkjnm/adhesives

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The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

This report analyzes the worldwide markets for Automotive Electrical Products in US$ by the following Product Segments:

  • Automotive Batteries
  • Automotive Connectors
  • Alternators & Starters
  • Ignition Systems and Parts
  • Lighting Equipment
  • Others

The report profiles 214 companies including many key and niche players such as:

  • Automotive Lighting Reutlingen GmbH
  • BBB Industries LLC
  • Continental AG
  • Delphi Automotive PLC
  • Denso Corporation
  • East Penn Manufacturing Company, Inc.
  • Exide Technologies, Inc.
  • Federal-Mogul LLC
  • BERU
  • FIAMM Energy Technology SpA
  • GS Yuasa Corporation
  • Hella KGaA Hueck & Co.
  • Hitachi Automotive Systems Americas, Inc.
  • Ichikoh Industries Ltd.
  • Japan Aviation Electronics Industry, Limited
  • Johnson Controls Inc.
  • Koito Manufacturing Company Ltd.
  • NGK Spark Plug Co., Ltd.
  • OSRAM GmbH
  • Osram Sylvania
  • Philips North America Corporation
  • Remy International, Inc.
  • Robert Bosch GmbH
  • Stanley Electric Co. Ltd.
  • Sumitomo Wiring Systems, Ltd.
  • TE Connectivity Ltd.
  • Valeo SA
  • Yazaki Corporation

Key Topics Covered: 

1. INDUSTRY OVERVIEW
Growing Complexity of the Electrical Anatomy of a Car Lays the Foundation for the Growth of Automotive Electrical Products
Rise in X By Wire Technologies Increases the Need for Electrical Wiring Harness & Spurs the Popularity of Multiplex Wiring Systems
Asia to Emerge into the Largest Production Hub for Auto Parts, including Electrical Products
Market Outlook
Incorporation of Advanced Electronic Systems Drives Demand for Automotive Connectors
Alternators & Ignition: The Most Vital Electrical System that Powers the Vehicle
Ignition System & Parts: Market Overview
Batteries: A Major Market Segment
Factors Driving Growth in the Automotive Batteries Market
Lead Acid Batteries
A Dominant Battery Technology for Automobiles
Table 5: Leading Players in the Global Lead Acid Batteries Market (2016): Percentage Breakdown Sales of Leading Players (includes corresponding Graph/Chart)
Growing Popularity of LED Lighting Spurs Growth in the Lighting Equipment Market

2. MARKET TRENDS, ISSUES & DRIVERS
Autonomous Vehicles Spurs Growth Opportunities for Automotive Electrical Products
Introduction of Sophisticated Micro Cars to Benefit Alternators Segment
Penetration of Advanced Charging Alternators
Increasing Electronic Content Per Car Drives Demand for Connectors
Need for Higher Speed Bodes Well for the Connectors Market
Use of Optical Fibers in Automobile Sector
Automotive Steering Roll Connectors Witness Strong Demand Gains
Demand for Heat-Resistant, Lightweight Materials
Long-Live 12-Volt Electrical Architecture: Hype Over 42-Volt Automobiles Dies Down With Auto OEMs Abandoning Development Efforts
Growing Focus on Hybrid & Electric Vehicles Opens New Opportunities for Electrical Products
Projected Rise in Vehicle Production to Sustain Demand for Electrical Products in the OEM Market
Expanding Middle Class Population in Developing Countries Provides the Right Climate for Broad Based Growth
Expanding Vehicle PARC & Longer Service Life of Vehicles Drive Opportunities in the Aftermarket

3. PRODUCT OVERVIEW
OEM Vs. Aftermarket
History of Automotive Electrical Systems
Alternators and Starters
Integrated Starter-Generators
Batteries
Types of Cells
Primary Cell (Disposable)
Secondary Cell (Rechargeable)
Types of Secondary Batteries
Lead-acid Batteries
Nickel-Cadmium (NiCd) Batteries
Nickel Metal Hydride (NiMH) Batteries
Lithium Ion (Li-ion) Batteries
Lithium Polymer (Li-Polymer) Batteries
Connectors
Ignition System and Parts
Types of Ignition Systems
Breaker-Point Ignition System
Electronic Ignition
Capacitor Discharge Ignition Systems
Induction Discharge Ignition System
Lighting Equipment
LED Lights
Other Electrical Equipment

4. PRODUCT INNOVATIONS/INTRODUCTIONS
Samsung Launches Electric Car Battery
Johnson Controls Launches VARTA PowerZone Collaboration Model
Suhail Bahwan Automobiles Rolls Out German Battery Brand DETA in Oman
Samsung Unveils Electric Car Battery with 310.7 Mile Range
Osram Rolls Out LEDriving Xenarc Golf VI Edition Retrofit Headlight
Osram Unveils LEDinspect PRO Series Inspection Lamps
Hitachi Chemical Introduces Tuflong G3 Lead-Acid Battery
Prestolite Electric Launches New Heavy Duty Alternators
TYRES & MORE Launches New Automotive Batteries
Greenvision Introduces Gel-Based Batteries for Electric Vehicles in India
Prestolite Launches Leece-Neville Heavy Duty Alternators
TTI Launches Sealed Connector System for Commercial & Automotive Vehicles
WAI Launches New Starter Motors & Alternators
FCI Introduces Crimp-to-Wire Connector

5. RECENT INDUSTRY ACTIVITY
Hitachi Chemical Acquires Majority Stake in FIAMM Energy Technology SpA
Nissan Motor Inks Definitive Sale and Purchase Agreement with GSR Capital
Lumileds Operates as an Independent Company
Suzuki Motor Commences Work on Lithium Ion Battery- Manufacturing Unit in Hansalpur
GS Yuasa to Construct Automotive Lead-Acid Storage Batteries Plant in China
Robert Bosch to Divest SG Holding Starters and Generators Business
Suzuki Motor, Toshiba and Denso to Establish a Joint Venture in India
Valmet Automotive and Contemporary Amperex Technology Enter into a Strategic Partnership
Panasonic to Commence Production of Automotive Batteries
NORMA Group Acquires Autoline Business from Parker Hannifin
Torque Capital Group to Acquire North American and European Light Vehicle Aftermarket Business of Remy
Johnson Controls Expands Production of AGM Batteries
Faraday Future Partners with LG Chem
Osram Takes Over Novit Technologies
Johnson Controls Forms Joint Venture with Binzhou Bohai Piston
Hitachi Chemical Inks Alliance Partnership with Alf Technologies
Uno Minda Acquires Rinder Group
Minda Takes Over Panalfa Autoelektrik
Standard Motor Products Acquires Automotive Ignition Wire Business from General Cable
Interstate Batteries Inks Agreement with Aqua Metals
Panasonic Forms Joint Venture with Dalian Levear Electric
Exide Announced Capacity Expansion
Old World Industries Acquires Automotive Lighting Division of EiKO Global
Samsung SDI Plans to Take Over Battery Pack Business of Magna International
GUD Holdings Acquires Brown & Watson International
Magneti Marelli Forms Joint Venture with Chanchun Fudi Equipment
Hitachi to Enter Indian Automotive Battery Market
Amara Raja Commissions New Battery Plant
Johnson Controls Expands Production Capacity in China

6. FOCUS ON SELECT PLAYERS

7. GLOBAL MARKET PERSPECTIVE

Total Companies Profiled: 214 (including Divisions/Subsidiaries 247)

  • The United States (65)
  • Canada (1)
  • Japan (12)
  • Europe (95)
    • France (8)
    • Germany (18)
    • The United Kingdom (22)
    • Italy (10)
    • Spain (2)
    • Rest of Europe (35)
  • Asia-Pacific (Excluding Japan) (70)
  • Middle East (2)
  • Africa (2)

For more information about this report visit https://www.researchandmarkets.com/research/c538cl/automotive

Media Contact:

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ENGIE announces that Alinta Energy’s owner, Chow Tai Fook Enterprises, has today entered into a conditional binding agreement to acquire the total share in the Loy Yang B power station in Australia (ENGIE 70%, Mitsui 30%).

The 1,000 megawatt coal power plant, in Victoria’s Latrobe Valley, provides about 17% of the State’s energy needs and employs 151 people.

Isabelle Kocher, ENGIE Chief Executive Officer, said: “This transaction confirms ENGIE’s positioning in low-carbon generation, energy infrastructures and integrated customer solutions. I would like to thank the Loy Yang B staff for their commitment as we are now going to work with Alinta Energy to ensure a smooth transition.”

After this sale, coal will represent 6% of ENGIE’s global power production capacities, when it represented 13% at the end of 2015.

The proposed transaction is expected to translate into a €666 million reduction in ENGIE’s consolidated net financial debt. It is subject to customary conditions and should complete in Q1 2018 at the latest.

ENGIE remains active in Australia and New Zealand, with 1,800 employees working in low carbon power production (around 1 GW of gross capacities) and the supply of energy (gas and electricity) and services to more than 650,000 customers.

About ENGIE

ENGIE is committed to taking on the major challenges of the energy revolution, towards a world more decarbonised, decentralised and digitalised. The Group aims to become the leader of this new energy world by focusing on three key activities for the future: low carbon generation in particular from natural gas and renewable energy, energy infrastructure and efficient solutions adapted to all its customers (individuals, businesses, territories, etc.). Innovation, digital solutions and customer satisfaction are the guiding principles of ENGIE’s development. ENGIE is active in around 70 countries, employs 150,000 people worldwide and achieved revenues of €66.6 billion in 2016. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).

ATLANTA, Nov. 22, 2017 /PRNewswire/ -- This year, shopping online is again expected to set new records as the busiest internet shopping day in history. The key, according to Lindsay Roberts of TheGiftInsider.com, is to have a plan and a strategy to choose gifts that family, friends, and co-workers will love. Lindsay explains the basic rules for choosing meaningful gifts, and she provides some timely strategies for shopping on both Black Friday and Cyber Monday.

A TECH GIFT EVERYONE WILL WANT

Lindsay gave some expert tips for shopping on Black Friday and Cyber Monday!
Lindsay gave some expert tips for shopping on Black Friday and Cyber Monday!

For more than 40 years, Audio-Technica has been dedicated to producing high-quality, innovative headphones that entertainment and music lovers will definitely be excited about. The award-winning product that will be on everyone's list is Audio-Technica's ATHSR6-BT wireless, over-ear headphones. They connect easily with smartphones, tablets, music players, and other Bluetooth devices to deliver amazing high-fidelity audio. They also deliver an impressive 30-hours of battery life. This Black Friday through Cyber Monday, save $70 on the ATHSR6-BT headphones, available at Bestbuy.com and select Best Buy locations, or audiotechnica.com.

THE BEST DEALS TO SHOP FOR KIDS THIS HOLIDAY SEASON

Crazy 8 makes cool clothes that let kids be themselves, and it is easy to make a big statement for a small price.  Crazy 8 has all the latest trends and steals for kids to shine their way this holiday season, like the must-have Puffer Jackets, only $15. Find real deals for cool kids from 6 months to size 14. Shop online at www.crazy8.com or at Crazy 8 stores nationwide.

GO-TO PLACES TO FIND GREAT DEALS

Lindsay is always looking for places that have great deals and multiple gifts to choose from. One of her favorites is BJ's Wholesale Club. Right now, BJ's has great Black Friday deals on a variety of electronics, including laptops and TVs. These deals make holiday shopping a breeze. One of the best BJ's Doorbuster deals is the Lenovo Touchscreen 2-in-1 Convertible Notebook for only $199.99 after $100 off. Make sure to get to the local BJ's early on Black Friday to get the goods while supplies last.  BJ's is offering more Black Friday deals than ever before and has doubled its doorbusters this year, offering members steep discounts on hot items like Samsung TVs, the hottest audio accessories from Skullcandy, tools from Black + Decker, Whirlpool and LG appliances, and much more. Visit BJs.com/BlackFriday to learn more.

KICK OFF THE HOLIDAY SHOPPING SEASON

One unique gift is the gift of travel. Visit Orlando, the official tourism association for the destination, will offer an extra 10% off already-discounted attraction tickets, some even including free additional days at theme parks during the biggest shopping weekend of the year. In honor of Black Friday and Cyber Monday, guests can simply use promo code "GIFT" on VisitOrlando.com purchases from November 22–28 to save an extra 10% on some of Orlando's most popular attractions, including world famous theme parks like Disney, Universal, SeaWorld, and more.

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SOURCE Tips on TV

Dan Shugar lives, breathes and bleeds solar. 

"If you cut my wrist, pure silicon comes out," he exclaimed in an interview with Powerhouse CEO Emily Kirsch, as part of the Watt It Takes interview series

This week, Shugar steps behind the microphone to talk about turning his passion for PV into deals and acquisitions worth over $1 billion.

Shugar has a storied career. Some call him the "King Midas" of solar, because he's turned so many ventures into gold. He's the former president of Powerlight, the pioneering developer acquired by SunPower in 2006. He's now CEO of the tracker company NEXTracker, which was sold to Flextronics for $330 million last year. 

In this edition of Watt It Takes, Shugar describes the moment he realized solar's potential while working for PG&E; how Powerlight was founded and funded; the risks he took when getting into solar; his passion for the environment; and why everyone is underestimating the growth of PV.

This conversation was recorded live in Oakland, California at Powerhouse. In the next episode, GTM Co-Founder Scott Clavenna takes the stage.

Listen to earlier episodes of Watt It Takes:

Like our shows? Make sure to give The Interchange and The Energy Gang a rating and review on Apple podcasts. And make sure to subscribe to both shows on Apple podcasts, Google Play, Stitcher, or anywhere you get your podcasts.

LONDON, Nov. 22, 2017 /PRNewswire/ --

Hybrid and pure electric, forecasts, technology roadmaps, opportunities

Massive change in car needs and technology drive $249 billion sales in 2027. Cities will deter private cars, encourage autonomous taxi and rental cars. Japan wants the car to be in the hydrogen economy: a source of emergency electricity. Emerging countries car-like vehicles, one tenth of the cost, will never refuel, grabbing sunshine, wind. Electricity from tires? When, where, why, what next? See this 260+ page report.

Download the full report: https://www.reportbuyer.com/product/4447337

Researched in late 2016 with ongoing updates, this unique report has over 260 data filled pages and images. It will assist investors, participants and intending participants in the value chain including manufacturers, developers, academics, government and users seeking the best forecasts and technology roadmaps based on new global investigation. The pages are mostly in the form of easily assimilated infograms, roadmaps and forecasts.

The biggest change in cars for one hundred years is now starting. It is driven by totally new requirements and capabilities. They will cause huge new businesses to appear but some giants currently making cars and their parts will spectacularly go bankrupt. Cities will ban private cars but encourage cars as autonomous taxis and rental vehicles. Already 65% of cars in China are bought by businesses. The Japanese want the car to be part of the hydrogen economy and a source of power when the next earthquakes and tsunamis hit. The emerging countries want car-like vehicles, mainly as taxis, that are one tenth of the cost and never refuel because the ample sunshine and wind will be grabbed and stored by the vehicle. There is even work on getting electricity from tires. When, where, why, what next? Only this report has the latest analysis by multilingual IDTechEx experts intensely travelling the world to the conferences, universities, companies and governments that will make it happen.

There is a complete chapter on cars in China, the country that buys the most, has some of the lowest costs and leapfrogging innovation but completely different market drivers with the government controlling supply, demand and regulation. Even Chinese manufacturers do not know what comes next, some of which is naked protectionism and some of which, like the recent reintroduction of HEV financial support, a surprise for other reasons. That is why the constant updating of IDTechEx reports, in contrast to those of many other analysts, is key.

For cars, the mechanical world of cogs, axles, pistons and brakes is becoming one of power electronics, complex electric machine systems, batteries and their successors. Integration and electric is the name of the game with components-in-a-box becoming smart wheels and smart inside and outside bodywork and seating. The dashboard and instruments will be made as one piece of formed composite with one company even planning highest-efficiency solar being the surface of this integrated dashboard to drive internal electrics. That featherweight solar layer was previously only affordable on satellites but its cost is promised to drop by one thousand.

Think optics, electrics, electronics and electrics combining in "structural electronics" to make the traditional component maker and assembler suddenly feel unwanted while there is a shortage of the new skills and manufacturing facilities. Smart wheel systems could mean more space, less weight and better steering and performance in slippery conditions. Key enabling technologies rapidly move to batteries, power electronics and often multiple traction motors. Then comes very different energy storage, power electronics (now including many new forms energy harvesting including regeneration), signal electronics and reversing electric machines - often several per car and sometimes with the motor electronics costing more than the motor, Toyota tell us. Add software and services: big time. This report carefully assesses where and when, winners and losers.

The report times peak car, peak HEV, peak PHEV and peak lead acid battery. For example, Nissan in Japan told us they have no plans to remove the lead acid battery from their pure electric cars but others are acting differently.

The report finds a huge market emerging for the cheapest, easiest way of converting existing production of cars to keep them legal as new global warming laws bite. This is the 48V mild hybrid: it will also peak in the next fifteen years but, before that, it will transmogrify into a hugely popular form of electric vehicle by becoming capable of several pure electric modes with engine off. The Mercedes broad move to 48V MH in 2017 is only part of this story.

The reports sober look at the detail reveals surprising aspects not popularly reported. For example, Fiat Chrysler is a laggard in EVs but they convinced us they are a leader in 48V MH. Why has Toyota just done a U turn on pure electric cars? Timing is all in this game.

The analysis reveals when Energy Independent Vehicles EIV become significant, not least as cars. It exposes the world of LIDAR, RADAR, cameras, software and so on for autonomy with their relative importance changing rapidly. The price trends are dramatic.

Is there a hare and tortoise story here with Tesla terrifying the industry by becoming the Apple of automotive but acquiring major quality and financial challenges? Volkswagen and Daimler have become ambivalent about fuel cell cars and Toyota has just decided to go big on pure electric, in a change of emphasis. Hyundai say they are the end game, Honda says they are an important option and yet others call them "fool" cells. Who is right? Will the Chinese flood the world with half-price basic electric cars? When?

It is very important that readers escape the evangelism of so many commentators and access the sober analysis of companies such as IDTechEx. For example, it breaks all the rules of safe manufacturing to radically change your product while increasing production one hundredfold yet we show how that is exactly what is happening with the lithium-ion batteries. Battery fires and explosions are ongoing but some car and battery makers have a superb record. Forecasts should not presume everything goes right. The anode, cathode, electrolyte and format are changing in a headlong race to smaller size and weight, less cooling and non-flammability. Only IDTechEx forecasts the numbers and dollars in nine categories of cars and car-like vehicles because it is plain silly to conflate 3 wheelers, golf cars and fuel cell cars with others.

Download the full report: https://www.reportbuyer.com/product/4447337

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers

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SHANGHAI, Nov. 22, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) ("JinkoSolar"), a global leader in the photovoltaic (PV) industry announced today that it has been awarded the Cradle-to-Cradle ("C2C") certificate by SGS, the world's leading testing, inspection, verification, and certification organization. This is the first time a C2C certificate has been issued in China. The issuance of the C2C certification demonstrates JinkoSolar's commitment to high environmental, health, and safety standards in its products and manufacturing processes as well as the promotion of environmental and sustainable best practices within the solar industry.

The world has witnessed the rapid development of the renewable energy sector over the past few years, as solar and energy storage systems become increasingly popular among governments, businesses, and the general public. In China, the solar industry, along with the entire renewable energy sector, has been highlighted as a key area of international collaboration by the "Belt and Road" initiative. As China's solar sector becomes increasingly competitive, Chinese solar companies have made huge progress in breaking into overseas markets and accelerating the expansion of their global operational footprint. C2C certification, which is administered by the U.S. based C2C Products Innovation Institute, is valid for two years and is broken into five tiers: basic, bronze, silver, gold, and platinum. As production process and quality improves, businesses can be re-evaluated for a higher-tier C2C certification. For a product to receive C2C certification, it must be made of materials that can be safely recycled and must not do harm to both humans and the environment. Furthermore, C2C certification assesses the use of clean energy, adherence to efficient water usage, and corporate social responsibility during a product's production process.

JinkoSolar is a global leader in the solar industry. The Company distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer based in China, the United States, Japan, Germany, the United Kingdom and other countries and regions. As JinkoSolar's strong partner, SGS has made significant contributions to the development of certification for solar modules. Through a collaborative effort between JinkoSolar and SGS, the Company achieved the milestone of becoming the first to receive C2C certification in China. Not only is this milestone beneficial to JinkoSolar's commitment towards environmental, health, and safety standards, but is also evidence of SGS's strong certification abilities.

As one of the world's leading testing, inspection, verification, and certification organizations, SGS leverages its deep industry experience, team of highly technical experts, and various certification labs around the world to provide testing and certification services to the solar industry. As for the C2C certification, SGS can provide a one-stop comprehensive solution to assist companies in meeting product design, manufacturing, safety, and environmental criteria set forth by the C2C certification process which also supports the expansion of companies globally.

About JinkoSolar Holding Co., Ltd.

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

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

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

Safe Harbor Statement

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

For investor and media inquiries, please contact:

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

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SOURCE JinkoSolar Holding Co., Ltd.

SHANGHAI, Nov. 21, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it plans to release its unaudited financial results for the second quarter ended September 30, 2017 before the open of U.S. markets on Thursday, December 7, 2017.

JinkoSolar's management will host an earnings conference call on Thursday, December 7, 2017 at 7:30 a.m. U.S. Eastern Time (8:30 p.m.Beijing / Hong Kong the same day).

Dial-in details for the earnings conference call are as follows:

Hong Kong / International:

+852 3008 1527


U.S. Toll Free:

+1 800-281-7973


Passcode:

7881926


Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available 2 hours after the conclusion of the conference call through 23:59 U.S. Eastern Time, December 14, 2017. The dial-in details for the replay are as follows:

International:

+61 (0) 2 9101 1954


U.S. Toll Free:

+1-888-203-1112


Passcode:

7881926


Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of JinkoSolar's website at http://www.jinkosolar.com.

About JinkoSolar Holding Co., Ltd.

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

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

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

Safe Harbor Statement

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

For investor and media inquiries, please contact:

In China:

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

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

In the U.S.:

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

View original content:http://www.prnewswire.com/news-releases/jinkosolar-to-report-third-quarter-2017-results-on-december-7-2017-300560079.html

SOURCE JinkoSolar Holding Co., Ltd.

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

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

About JinkoSolar Holding Co., Ltd.

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

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

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

Safe Harbor Statement

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

For investor and media inquiries, please contact:

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

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

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

View original content:http://www.prnewswire.com/news-releases/jinkosolar-announces-results-of-2017-annual-general-meeting-300556353.html

SOURCE JinkoSolar Holding Co., Ltd.

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

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

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

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

For investor and media inquiries, please contact:

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

View original content:http://www.prnewswire.com/news-releases/jinkosolars-monocrystalline-perc-solar-cell-efficiency-of-2345-verified-300551621.html

SOURCE JinkoSolar Holding Co., Ltd.

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

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

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

For investor and media inquiries, please contact:

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

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SOURCE JinkoSolar Holding Co., Ltd.

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

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

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

About JinkoSolar Holding Co., Ltd.

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

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

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

Safe Harbor Statement

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

For investor and media inquiries, please contact:

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

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SOURCE JinkoSolar Holding Co., Ltd.

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ET | Source: Scatec Solar

Oslo, November 23, 2017: The Board of Directors of Scatec Solar ASA ('SSO') call for an Extraordinary General Meeting to be held at the Company's registered office in Karenslyst Allé 49, 0279 Oslo (4th floor) on 14 December 2017 at 09:00 (CET) for the purpose of electing a new Member of the Board of Directors.

The complete Notice of the Extraordinary General Meeting is enclosed, and will also be distributed by post to Scatec Solar's registered shareholders as of today. 

For further information, please contact:

- Mr. Raymond Carlsen, CEO, tel: +47 454 11 280,
  E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

- Mr. Mikkel Tørud, CFO, tel: +47 976 99 144,
  E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable source of clean energy worldwide. A long term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants, and already has an installation track record of close to 600 MW.

Currently, the company is producing electricity from 322 MW of solar power plants in the Czech Republic, South Africa, Rwanda, Honduras and Jordan and another 394 MW are under construction.

 With an established global presence, the company is growing briskly with a project backlog and pipeline of more than 1.5 GW under development in the Americas, Africa, Asia and the Middle East. Scatec Solar is headquartered in Oslo, Norway.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Attachments:

http://www.globenewswire.com/NewsRoom/AttachmentNg/87fc1c84-6cf0-4738-9652-d6204aaa5a03

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ET | Source: RGS Energy

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

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

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

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

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

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

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

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

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

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

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

Solar 365™ is a trademark of Real Goods Solar, Inc.

POWERHOUSE™ is a trademark of The Dow Chemical Company, used under license.

Forward-Looking Statements and Cautionary Statements
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including statements regarding the RGS Energy’s strategy for revenue growth.  Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they provide our current beliefs, expectations, assumptions, forecasts, and hypothetical constructs about future events, and include statements regarding our future results of operations and financial position, business strategy, budgets, projected costs, plans and objectives of management for future operations. The words “expect,” “plan,” “future,” “may,” “will,” and similar expressions as they relate to us are intended to identify such forward-looking statements.

Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all.  Forward looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.  Therefore, RGS Energy cautions you against relying on any of these forward-looking statements.

Key risks and uncertainties that may cause a change in any forward-looking statement or that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include: RGS Energy’s ability to utilize the software to improve the lead-to-conversion rate installation cycle time, and to reduce contract cancellations; RGS Energy’s ability to use the software to grow its revenue ; and customer acceptance of, experience with and satisfaction with the new software.

You should read the section entitled “Risk Factors” in our 2016 Annual Report on Form 10-K, as amended, and in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2017, which has been filed with the Securities and Exchange Commission, which identify certain of these and additional risks and uncertainties. Any forward-looking statements made by us in this press release speak only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Investor Relations Contact
Ron Both
Managing Partner, CMA
Tel 1-949-432-7566
This email address is being protected from spambots. You need JavaScript enabled to view it.

8Point3 Energy Partners LP News Releases

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

8point3 Energy Partners Reports Third Quarter 2017 Results

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

8point3 Energy Partners Declares 3.0 Percent Increase in Quarterly Distribution

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

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

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

8point3 Energy Partners Reports Second Quarter 2017 Results

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

8point3 Energy Partners Declares 3.0 Percent Increase in Quarterly Distribution

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

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

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

8point3 Energy Partners Reports First Quarter 2017 Results

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

8point3 Energy Partners Declares 3.0 Percent Increase in Quarterly Distribution

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

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

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

8point3 Energy Partners Reports Fourth Quarter 2016 Results

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

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

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

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

SOURCE 8point3 Energy Partners LP

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

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

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

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

SOURCE 8point3 Energy Partners LP

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

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

Increased Fourth Quarter Distribution by 3.5 percent over Third Quarter Distribution

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

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

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

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

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

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

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

Guidance

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

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

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

For 8point3 Energy Partners Investors

This press release includes various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. You can identify our forward-looking statements by words such as "anticipate", "believe", "estimate", "expect", "forecast", "goals", "objectives", "outlook", "intend", "plan", "predict", "project", "risks", "schedule", "seek", "target", "could", "may", "will", "should" or "would" or other similar expressions that convey the uncertainty of future events or outcomes. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, these statements are accompanied by cautionary language identifying important factors, though not necessarily all such factors, which could cause future outcomes to differ materially from those set forth in forward-looking statements. In particular, expressed or implied statements concerning the expectations of plans, strategies, objectives and growth and anticipated financial and operational performance of the partnership and its subsidiaries, including guidance regarding the partnership's revenue, Adjusted EBITDA, cash available for distribution and distributions, other future actions, conditions or events such as the projected commercial operation dates of projects, future operating results or the ability to generate sales, income or cash flow or to make distributions are forward-looking statements. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future actions, conditions or events and future results of operations may differ materially from those expressed in these forward-looking statements. Forward-looking statements speak only as of the date of this press release, January 26, 2017, and we disclaim any obligation to update such statements for any reason, except as required by law. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this paragraph. Many of the factors that will determine these results are beyond our ability to control or predict. These factors include the risk factors described under "Risk Factors" in the partnership's Transition Report on Form 10-K for the transition period from December 28, 2014 to November 30, 2015, filed with the Securities and Exchange Commission on January 28, 2016. If any of those risks occur, it could cause our actual results to differ materially from those contained in any forward-looking statement. Because of these risks and uncertainties, you should not place undue reliance on any forward-looking statement.

Non-GAAP Financial Information

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

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




November 30,



November 30,




2016



2015


Assets









Current assets:









Cash and cash equivalents


$

14,261



$

56,781


Accounts receivable and short-term financing receivables, net



5,401




4,289


Prepaid and other current assets1



15,745




8,033


Total current assets



35,407




69,103


Property and equipment, net



720,132




486,942


Long-term financing receivables, net



80,014




83,376


Investments in unconsolidated affiliates



475,078




352,070


Other long-term assets



24,432




26,142


Total assets


$

1,335,063



$

1,017,633


Liabilities and Equity









Current liabilities:









Accounts payable and other current liabilities1


$

23,771



$

2,612


Short-term debt and financing obligations



1,964




1,964


Deferred revenue, current portion



870




489


Total current liabilities



26,605




5,065


Long-term debt and financing obligations



384,436




297,206


Deferred revenue, net of current portion



308




746


Deferred tax liabilities



30,733




12,491


Asset retirement obligations



13,448




9,992


Total liabilities



455,530




325,500


Redeemable noncontrolling interests



17,624




89,747


Commitments and contingencies









Equity:









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



249,138




392,748


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







Accumulated earnings



22,440




15,580


Total shareholders' equity attributable to 8point3 Energy Partners LP



271,578




408,328


Noncontrolling interests



590,331




194,058


Total equity



861,909




602,386


Total liabilities and equity


$

1,335,063



$

1,017,633




1

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

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




Year Ended



Eleven Months Ended



Year Ended




November 30,



November 30,



December 28,




2016



2015



2014


Revenues:













Operating revenues1


$

61,198



$

10,660



$

9,231


Total revenues



61,198




10,660




9,231


Operating costs and expenses1:













Cost of operations



6,959




2,624




(3,195)


Cost of operations—SunPower, prior to IPO






468




937


Selling, general and administrative



7,003




10,702




4,818


Depreciation and accretion



22,792




4,291




2,339


Acquisition-related transaction costs



2,271




212





Total operating costs and expenses



39,025




18,297




4,899


Operating income (loss)



22,173




(7,637)




4,332


Other expense (income):













Interest expense



12,081




1,860




5,525


Interest income



(1,203)




(1,470)





Other expense (income)



(1,518)




12,536





Total other expense, net



9,360




12,926




5,525


Income (loss) before income taxes



12,813




(20,563)




(1,193)


Income tax provision



(18,244)




(12,503)




(23)


Equity in earnings of unconsolidated investees



18,341




9,055





Net income (loss)



12,910




(24,011)




(1,216)


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






(20,095)






Net income (loss) subsequent to IPO



12,910




(3,916)






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



(14,191)




(22,642)






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


$

27,101



$

18,726






Net income per Class A share:













Basic


$

1.27



$

0.94






Diluted


$

1.27



$

0.94






Distributions per Class A share:


$

0.91



$

0.16






Weighted average number of Class A shares:













Basic



21,420




20,002






Diluted



36,920




35,034








1 

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

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




Year Ended



Eleven Months Ended



Year Ended




November 30,



November 30,



December 28,




2016



2015



2014


Cash flows from operating activities:













Net income (loss)


$

12,910



$

(24,011)



$

(1,216)


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













Depreciation, amortization and accretion



22,880




4,291




2,339


Unrealized loss (gain) on interest rate swap



(1,508)




611





Interest expense on financing obligation






1,193




4,838


Loss on termination of financing obligation






6,477





Reserve for rebates receivable






1,338





Distributions from unconsolidated investees



18,075




6,766





Equity in earnings of unconsolidated investees



(18,341)




(9,055)





Deferred income taxes



18,242




12,491





Share-based compensation



224




112





Amortization of debt issuance costs



626








Changes in allowance for doubtful accounts



370




328





Changes in operating assets and liabilities:













Accounts receivable and financing receivable, net



1,481




46




(4,118)


Cash grants receivable






146




1,099


Rebates receivable






(121)




2,685


Solar power systems to be leased under sales type leases






197




463


Prepaid and other current assets



(1,435)




(4,258)





Deferred revenue



(59)




(118)




(819)


Accounts payable and other current liabilities



1,171




5,403




(3,470)


Net cash provided by operating activities



54,636




1,836




1,801


Cash flows from investing activities:













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



1,167




(223,688)




(58,457)


Cash paid for acquisitions



(284,797)








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









3,226


Distributions from unconsolidated investees



11,629




4,672





Net cash used in investing activities



(272,001)




(219,016)




(55,231)


Cash flows from financing activities:













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



113,325




393,750





Proceeds from issuance of bank loans, net of issuance costs



86,567




461,192




61,481


Proceeds from issuance of promissory note to First Solar






1,964





Repayment of bank loans






(264,143)





Capital contributions from SunPower



9,973




341,694




3,147


Capital distributions to SunPower






(3,163)




(11,198)


Cash distribution to First Solar at IPO






(283,697)





Cash distribution to SunPower at IPO






(371,527)





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






(202,680)





Cash distribution to Class A shareholders



(20,241)




(3,146)





Cash distributions to Sponsors as OpCo unitholders



(12,271)








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



3,671




203,717





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



(6,179)








Net cash provided by financing activities



174,845




273,961




53,430


Net increase (decrease) in cash and cash equivalents



(42,520)




56,781





Cash and cash equivalents, beginning of period



56,781








Cash and cash equivalents, end of period


$

14,261



$

56,781



$


Non-cash transactions:













Assignment of financing receivables to a third-party financial institution


$



$

1,279



$

7,815


Property and equipment acquisitions funded by liabilities



19,538







8,675


Property and equipment additions funded by SunPower post-IPO






50,683





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



46,837








Predecessor liabilities assumed by SunPower






48,588





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



975








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






408,820





Supplemental disclosures:













Cash paid for interest, net of amounts capitalized



11,525




437




688


Non-GAAP Financial Measures

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

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

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

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

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

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

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

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

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











Three Months Ended



Year Ended



Eleven Months Ended



Year Ended




November 30,



August 31,



November 30,



November 30,



November 30,



December 28,


(in thousands)


2016



2016



2015



2016



2015



2014


Net income (loss)


$

4,250



$

15,874



$

(8,644)



$

12,910



$

(24,011)



$

(1,216)


Add (Less):

























Interest expense, net of interest income



2,664




2,903




(33)




10,870




390




5,525


Income tax provision



2,963




5,063




11,796




18,244




12,503




23


Depreciation, amortization and accretion



6,556




6,311




1,917




22,880




4,291




2,339


Share-based compensation



56




56




56




224




112





Acquisition-related transaction costs (1)



10




599




212




2,271




212





Selling, general and administrative (2)















6,372




2,334


Loss on cash flow hedges related to

Quinto interest rate swaps















5,448





Loss on termination of residential

financing obligations















6,477





Unrealized loss (gain) on derivatives (3)



(972)




(285)




(159)




(1,508)




611





Add proportionate share from

equity method investments (4)

























Interest expense, net of interest income



(375)




(54)




(144)




(524)




(165)





Depreciation, amortization and accretion



3,142




2,397




3,052




10,825




5,212





Adjusted EBITDA


$

18,294



$

32,864



$

8,053



$

76,192



$

17,452



$

9,005


Less:

























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



(7,604)




(10,418)




(5,849)




(28,642)




(14,102)





Cash interest paid (6)



(3,000)




(3,278)




(2,787)




(12,176)




(4,502)





Cash income taxes paid



(2)










(2)








Maintenance capital expenditures



(50)










(50)








Cash distributions to non-controlling interests



(2,412)




(2,826)







(6,142)








Add:

























Cash distributions from unconsolidated affiliates (7)



14,054




7,018




6,230




30,129




10,902





Indemnity payment from Sponsors (8)



279




64




3,900




10,316




3,900





Short-term Note (9)









1,964







1,964





Test electricity generation (10)









4,020




421




5,576





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



649




630




754




2,550




2,730




2,746


State and local rebates (12)












299








Cash proceeds for reimbursable network upgrade costs (13)



222










222








Cash available for distribution


$

20,430



$

24,054



$

16,285



$

73,117



$

23,920



$

11,751




(1)

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



(2)

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



(3)

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



(4)

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



(5)

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



(6)

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



(7)

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



(8)

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



(9)

Represents a working capital loan from First Solar.



(10)

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



(11)

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



(12)

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



(13)

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

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


 (in millions)


Low



High


Net loss


$

(6.4)



$

(5.6)


Add (Less):









Interest expense, net of interest income



5.5




5.5


Income tax provision



(0.1)




(0.1)


Depreciation, amortization and accretion



6.4




6.4


Share-based compensation



0.1




0.1


Add proportionate share from equity method investments (1):









Depreciation, amortization and accretion



6.3




6.3


Adjusted EBITDA


$

11.8



$

12.6


Less:









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



(6.8)




(7.2)


Cash interest paid



(5.5)




(5.5)


Cash distributions to non-controlling interests



(2.0)




(2.0)


Add:









Cash distributions from unconsolidated affiliates



17.7




17.7


Network upgrade refund



6.0




6.1


Cash proceeds from sales-type residential leases



0.6




0.6


Repayment of working capital loan



(2.0)




(2.0)


Estimated cash available for distribution


$

19.8



$

20.3




(1)

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

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


 (in millions)


Low



High


Net income


$

27.0



$

32.6


Add (Less):









Interest expense, net of interest income



24.3




24.3


Income tax provision



3.4




4.4


Depreciation, amortization and accretion



26.3




26.3


Share-based compensation



0.2




0.2


Add proportionate share from equity method investments (1):









Depreciation, amortization and accretion



25.3




25.3


Adjusted EBITDA


$

106.5



$

113.1


Less:









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



(60.4)




(63.5)


Cash interest paid



(24.3)




(24.3)


Cash distributions to non-controlling interests



(9.2)




(9.2)


Add:









Cash distributions from unconsolidated affiliates



65.1




71.1


Network upgrade refund



13.2




13.2


Cash proceeds from sales-type residential leases



2.6




2.6


Repayment of working capital loan



(2.0)




(2.0)


Estimated cash available for distribution


$

91.5



$

101.0




(1)

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

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

SOURCE 8point3 Energy Partners LP

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

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