HILLSBORO, Ore.--(BUSINESS WIRE)--SolarWorld Americas Inc., the largest U.S. crystalline-silicon solar manufacturer for more than 42 years, today announced that with the prospect of meaningful import relief close at hand, the company immediately will begin ramping up production and hiring up to 200 workers by May.

On Friday, the bipartisan U.S. International Trade Commission (ITC) voted 4-0 in favor of a trade-case determination that a surge of imports has seriously injured the domestic solar cell and panel industry. The vote means that the case, in which SolarWorld Americas and Suniva Inc. are co-petitioners, moves to a remedy phase.

Meantime, the determination, combined with strong sales volumes and committed vendor relationships, will lead SolarWorld to boost production. By the end of the ramp, the company will employ about 500 American employees, some of them returning employees.

“Our struggle has always been about keeping alive the pioneering U.S. solar-technology industry as well as its workforce, from Ph.D. scientists to line workers,” said Juergen Stein, CEO and president of SolarWorld Americas. “With relief from surging imports in sight, we believe we can rev up our manufacturing engine and increase our economic impact.”

Nearly 30 U.S. solar-panel producers ceased manufacturing operations from 2012 to 2016, the period of investigation in the case, according to ITC figures. During this period, global imports increased nearly five-fold. This surge was led by China, whose imports rose by more than 700 percent, according to International Trade Commission data.

“Friday’s determination made clear that the U.S. industry’s problems have not been self-inflicted, but rather are the result of surging imports,” Stein said. “As such, we at SolarWorld are prepared to scale up our world-class manufacturing operations to produce leading solar products made by more American workers.”

The ITC will now conduct the remedy phase, including a hearing on Oct. 3 and a recommendation to the President on Nov. 13. President Trump then will have about two months to adopt that recommendation or another remedy.

About SolarWorld REAL VALUE: SolarWorld Americas Inc., the largest U.S. crystalline-silicon solar manufacturer for more than 42 years, produces and sells high-tech solar power solutions and, in doing so, contributes to a cleaner energy supply throughout the Americas. The company maintains 430 megawatts of annual capacity to produce solar cells and 550 MW of capacity to manufacture solar modules. The company’s brand stands for a proven track record of quality and reliability, and SolarWorld is the only producer whose industrial lineage has outlived its products’ 25- and 30-year performance guarantees. SolarWorld upholds high social standards and commits itself to resource- and energy-efficient production. With its program Solar2World, the company supports the expansion of solar power in developing countries in Latin America. Connect with SolarWorld on Facebook, Twitter, LinkedIn, Instagram and www.solarworld.com.

Read more: SolarWorld Americas, Responding to Trade Vote,...

DUBLIN--(BUSINESS WIRE)--The "India Solar PV Market Outlook, 2022" report has been added to Research and Markets' offering.

According to 'India Solar Photovoltaic Market Outlook, 2022', the market by installed capacity of solar photovoltaic has touched the more than 12 GW mark in April 2017.

This is expected to grow at a CAGR of more than 35% by 2022. Major solar installations so far, was dominated by the Southern region of India and it is predicted by the ongoing developments and projects in pipeline that, while approaching to 2022 Northern region will surpass the Southern region with maximum installed solar PV capacity.

Standard and advanced Multicrystalline module technology has the highest share with increasing scope and research on p-type and n-type monocrystalline silicon modules. With the increased cell efficiency of such advanced photovoltaic modules, solar plants capacity utilization factor has also gone up.

The report discloses that companies like Vikram Solar, Waaree Energies and Tata Power Solar tops the table of maximum installed solar PV capacity and is expected to grow over the forecasted period owing to their expansion plans and widening of dealership networks.

Key Topics Covered:

1. Executive Summary

2. Global Renewable Energy Market Outlook

3. Global Solar Photovoltaic Market Outlook

4. India Energy Market Outlook

5. India Renewable Energy Market Outlook

6. India Solar Photovoltaic Market Outlook

7. Indian Economic Snapshot

8. Government Policy and Regulations for Solar Power

9. Trade Dynamics of Solar Cells/Modules

10. PEST Analysis

11. Market Trends & Developments

12. Competitive Landscape

  • Vikram Solar Private Limited.
  • Waaree Energies Limited
  • Tata Power Solar System Limited
  • Moser Bear SolarLimited
  • XL Energy ltd.
  • Alpex Exports Pvt. Ltd.
  • RenewSys India Private Limited.
  • Emvee Photovoltaics Power Private Limited
  • Lanco Solar Private limited
  • Saatvik Green Energy Private Limited.

For more information about this report visit https://www.researchandmarkets.com/research/zrfgrc/india_solar_pv

Read more: India Solar PV Market Outlook, 2022 - Research...

SIMI VALLEY, Calif., Sept. 22, 2017 /PRNewswire/ -- The City of Simi Valley celebrated the energization of a city-wide solar program during a ribbon cutting event at the Simi Valley Police Department yesterday. The Police Department is one of five City locations with new rooftop solar, solar ground mount, and solar canopy parking structures that is now generating enough clean, renewable energy to power one third of all City facilities.

Through a long-term relationship with a Pasadena-based team from OpTerra Energy Services, Simi Valley held the community event to showcase the 2.2MW of solar that was recently completed. Regional leaders from the Ventura County Office of Education, and other local elected officials attended in support of the impactful energy project, which is expected to save the City $15.5 million in energy savings over the first 20 years of production.

Energizing Long-Term Success
As a result of Simi Valley's solar and site modernization plan across five community sites, the City of Simi Valley is set to accomplish the following:

  • $15.5MM in expected net savings over the 20-year program life, and $1.3 million per year thereafter
  • 2.2 MW of solar photovoltaic (PV) capacity at 5 sites, including City Hall, the Police Department, the Public Library, the Senior Center, and the Water Quality Control Plant
  • 1/3 of the City's energy will be supplied by clean, solar generation
  • 2,450 metric tons in CO2 emissions eliminated per year, the equivalent to removing 518 cars from the road
  • 15 internships created for Simi Valley high school students to give them real world experience in energy and STEM careers, aligned with the implementation of the solar project

Simi Valley Conserves
In addition to the successful solar implementation project, the partnership between the City of Simi Valley and OpTerra encompasses an energy conservation awareness program called Simi Valley Conserves. Over the solar program development in 2017, Simi Valley Conserves helped build workforce capacity in clean tech and energy by training and hiring 15 Simi Valley Unified School District senior high school students as Energy Ambassadors.

As Mayor Bob Huber shared during the event, "Along with our successful solar program this year, we are also very proud of our high school Energy Ambassadors who helped educate our residents about easy steps we can all take to be more sustainable with our resources – helping to save Simi Valley households financially as well. As a result of Simi Valley Conserves, these hardworking students engaged community members at 80 events and helped organize energy consultations for 280 homes." 

Showcasing Leadership in Ventura County
During Wednesday's site energization celebration, local elected officials and regional stakeholders commended the City leadership for continuing its track record of ongoing sustainability programs aligned with upgrades to civic spaces.

John Mahoney, President and CEO of OpTerra Energy Services, stated, "Through a successful, united partnership, the City of Simi Valley and OpTerra have achieved a fiscally and environmentally advantageous program that will have long-term positive economic and human impact in the community. OpTerra is proud to recognize Simi Valley's leadership as a steward of taxpayer dollars in Ventura County, integrating long-term energy savings projects into plans to improve public services, as well as prioritizing the build-out of a successful student internship program tied to the energy work."

About the City of Simi Valley:
For more information about the City of Simi Valley, visit http://www.simivalley.org/.

About OpTerra Energy Services:
OpTerra Energy Services is a national energy company that works with education, local government, commercial, industrial, and institutional organizations to implement efficiency and sustainable energy solutions that save money, enhance safety, improve assets, and protect the environment. As a subsidiary of ENGIE, the number one energy efficiency services provider in the world, OpTerra Energy Services provides a unique and extensive set of energy and sustainability management services to thousands of customers across the U.S. The company has provided more than $2 billion in energy savings for its customers over the past 40 years. For more information, please visit www.opterraenergy.com or contact Lani Wild, Communications Manager, at 415-735-9080.

View original content with multimedia:http://www.prnewswire.com/news-releases/city-of-simi-valley-celebrates-energy-program-expected-to-save-155-million-and-power-one-third-of-all-facilities-300524441.html

SOURCE OpTerra Energy Services

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SHANGHAI, Sept.  22, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the PV industry, today announced that it supplied 28.2 MW dc of its solar PV modules to Swinerton Renewable Energy, for the construction of the Jacumba Solar Project.

Located in San Diego County, California, the Jacumba Solar Project consists of more than 80,000 JinkoSolar 1500 volt monocrystalline PERC modules. The project was energized in early August, seven months after it was acquired by BayWa r.e in late 2016. Swinerton Renewable Energy provided engineering, procurement, and construction (EPC) for the project.

"JinkoSolar has worked tirelessly to build and maintain its reputation as the most reliable module supplier in the utility market," said Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. "Swinerton's decision to select Jinko for a project with an aggressive schedule is a testament to our ability to deliver on-time."

"Our continued partnership with JinkoSolar, a trusted solar provider in our industry, helped us deliver this project on-time and on-budget, providing maximum value to our client, BayWa r.e.," said George Hershman, Senior Vice President and General Manager of Swinerton Renewable Energy. "This value is passed on to the larger U.S. economy, creating jobs and stimulating the local economies in which we work."

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

About Swinerton Renewable Energy

Swinerton Renewable Energy (SRE) offers engineering, procurement, construction, and SOLV® services for solar photovoltaic plants throughout North America to a diverse range of clients. Over 125 years of building landmark projects, Swinerton has forged a reputation for unsurpassed safety, workmanship, on-time delivery, and customer satisfaction. Today, our team takes pride in building cost-effective solar systems that will generate reliable, clean power for many years to come. SRE has delivered over 2.5 GW of solar projects and our SOLV team manages over 4 GW of PV plants. Learn more about Swinerton Renewable Energy at swinertonrenewable.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.

View original content:http://www.prnewswire.com/news-releases/jinkosolar-supplies-28-mwdc-of-solar-pv-modules-to-jacumba-solar-project-in-the-us-300524244.html

SOURCE JinkoSolar Holding Co., Ltd.

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SANTIAGO, Chile, Sept. 25, 2017 /PRNewswire/ -- Transelec S.A. and SunPower (NASDAQ: SPWR) announced today that Transelec S.A. has acquired the switchyard that interconnects the 100-megawatt El Pelicano solar project with the Integrated Central System (SIC) of Chile. The switchyard, called Don Héctor, has additional capacity to accommodate interconnection for future projects in the area.

The Don Héctor switchyard is located 6.5 kilometers from El Pelicano, which SunPower is constructing in Chile's commune of La Higuera (Coquimbo Region). El Pelicano is expected to be operational by the end of 2017, and will supply 300 gigawatt hours per year of energy to Metro de Santiago, the city of Santiago's underground railway network.

"SunPower foresees enhancing Chile's energy landscape with clean, reliable solar power," said SunPower CFO Chuck Boyton who attended an event commemorating the acquisition. "We're pleased that Transelec also sees the value in investing in solar."

"This purchase completes a process that we have been executing with SunPower, starting with engineering and operation of the Don Héctor Switchyard and culminating in this acquisition with an investment of US$ 17.9 million," said Transelec General Manager Andrés Kuhlmann. "It is important for Transelec to have an asset that will enable the transmission of renewable energy and also has substantial growth potential in a region that is at the forefront of solar energy generation in Chile."

Under construction at the El Pelicano site is a SunPower® Oasis® solar power plant system, which is an innovative, fully-integrated solar solution engineered for rapid and cost-effective deployment while optimizing land use. The technology includes robotic solar panel cleaning capability that uses 75 percent less water than traditional cleaning methods and can help improve system performance by up to 15 percent.

About Transelec S.A.
Transelec is the leading power transmission company in Chile, transmitting power that lights the homes of 97% of Chile's population between Arica and Chiloé.

The company owns 78% of the national power transmission lines in the Central Interconnected System (SIC) and 100% of the national power transmission lines in the Far North Interconnected System (SING), with nearly 10,000 kilometers of transmission lines and 57 substations throughout the country.

The company is 100% owned by the Canadian consortium led by Brookfield Asset Management (BAM), Canadian Pension Plan Investment Board (CPP), British Columbia Investment Management Corp. (bcIMC) and Public Sector Pension Investment Board (PSP)

About SunPower Corp.

As one of the world's most innovative and sustainable energy companies, SunPower Corporation (NASDAQ: SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools and utilities around the globe rely on SunPower's more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, North and South America. For more information about how SunPower is changing the way our world is powered, visit www.sunpower.com.

SunPower's Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding business plans and strategies, project plans and timelines, projected energy output, anticipated product performance, cost savings, and projected growth and optimization of renewable energy models. These forward-looking statements are based on our current assumptions, expectations, and beliefs and involve substantial risks and uncertainties that may cause results, performance, or achievement to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: regulatory changes and the availability of economic incentives promoting use of solar energy, challenges inherent in constructing and maintaining certain of our large projects, competition and market conditions in the solar and general energy industry, and fluctuations or declines in the performance of our solar panels and other products and solutions. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent reports on Forms 10-K and 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at investors.sunpowercorp.com. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

©2017 SunPower Corporation.  All Rights Reserved.  SUNPOWER, the SUNPOWER logo, and OASIS are registered trademarks of SunPower Corporation in Chile, the U.S. and other countries as well.

View original content with multimedia:http://www.prnewswire.com/news-releases/transelec-and-sunpower-finalize-acquisition-of-switchyard-interconnecting-100mw-el-pelicano-solar-project-300524866.html

SOURCE SunPower Corp.

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HILLSBORO, Ore.--(BUSINESS WIRE)--SolarWorld Americas Inc., the largest U.S. crystalline-silicon solar-technology manufacturer for more than 42 years, commended today’s 4-0, bipartisan vote of the U.S. International Trade Commission (ITC) that determined a surge of imports has seriously injured the domestic solar cell and panel manufacturing industry.

The determination means that the underlying Section 201 case will move into a remedy phase. SolarWorld and Suniva Inc. are co-petitioners in the case.

“On behalf of the entire solar cell and panel manufacturing industry, we welcome this important step toward securing relief from a surge of imports that has idled and shuttered dozens of factories, leaving thousands of workers without jobs,” said Juergen Stein, CEO and president of SolarWorld Americas. “In the remedy phase of the process, we will strive to help fashion a remedy that will put the U.S. industry as a whole back on a growth path. We will continue to invite the Solar Energy Industries Association (SEIA) and our industry partners to work on good solutions for the entire industry. It is time for the industry to come together to strengthen American solar manufacturing for the long term.”

Nearly 30 U.S. solar-panel producers ceased manufacturing operations from 2012 to 2016, the period of investigation in the case, according to ITC figures. During this period, global imports increased nearly five-fold. This surge was led by China, whose imports rose by more than 700 percent, according to International Trade Commission data.

The ITC will now conduct the remedy phase, including a hearing on Oct. 3 and a recommendation to the President on Nov. 13. President Trump then will have about two months to adopt that recommendation or another remedy.

About SolarWorld REAL VALUE: SolarWorld Americas Inc., the largest U.S. crystalline-silicon solar manufacturer for more than 42 years, produces and sells high-tech solar power solutions and, in doing so, contributes to a cleaner energy supply throughout the Americas. The company maintains 430 megawatts of annual capacity to produce solar cells and 550 MW of capacity to manufacture solar modules. The company’s brand stands for a proven track record of quality and reliability, and SolarWorld is the only producer whose industrial lineage has outlived its products’ 25- and 30-year performance guarantees. SolarWorld upholds high social standards and commits itself to resource- and energy-efficient production. With its program Solar2World, the company supports the expansion of solar power in developing countries in Latin America. Connect with SolarWorld on Facebook, Twitter, LinkedIn, Instagram and www.solarworld.com.

Read more: SolarWorld Commends Key Trade Vote as Step...

MUNICH--(BUSINESS WIRE)--The global PV demand is still dominated by China. EnergyTrend estimates its cumulative installed solar capacity to hit 125 GW by the end of 2017. China, the U.S., India and Japan represent 75% of the world’s entire solar installation capacity for the year 2017. The total global installed PV capacity will exceed 400 GW in 2018, nearly 1 TW total installed solar power is possible by 2021. India alone plans to reach 100 GW of PV by 2022.

Are the GCC ready to join the global solar market leaders?

In 2016, the MENAT countries together only reached a total PV capacity of 3.2 GW, but with an expected installed PV capacity of 32,5 GW by 2022 according to German research company Apricum. This means a tenfold increase, or an annual addition of 6 GW PV.

A number of impressive PV projects have to be implemented to keep up with the global leaders. Saudi Arabia is clearly the next big market. The country keeps its plans for additional 9.5 GW of renewable energy by 2030. Jordan and Egypt are on their path and also getting financial aids from international Banks hoping to complete.

According to former Director of the Fraunhofer Institute for Solar Energy Systems ISE, Prof. Eicke Weber, financing is the biggest challenge in the PV sector, “because there is lots of talk, but the result is a lot of projects are on standby, because of the lack of financial interest. The other problem is that everyone wants to use local production, but it has yet to get going, which slows down the projects”, says Prof. Weber, who will open the second Intersolar Middle East 2017 conference in Dubai.

With more than 80 representatives from Dubai Electricity & Water Authority (DEWA), First Abu Dhabi Bank, Abu Dhabi Water & Electricity Authority (ADWEA), and Bloomberg New Energy Finance, and global players as ABB and Siemens, the Zayed Future Energy Laureate Prof. Weber discusses solutions to get a perceivable and influential part of the global solar share.


Read more: Intersolar Middle East: Global PV Markets – Are...

GUELPH, Ontario, Sept. 25, 2017  /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that Canadian Solar Infrastructure Fund, Inc. ("CSIF") has obtained approval from the Tokyo Stock Exchange, Inc. (the "TSE") to list its investment units on the TSE's infrastructure investment fund securities market. Similar to the J-REIT market, the TSE established the infrastructure fund market in 2015 for the listing of funds that invest in infrastructure assets including renewable energy facilities.

Canadian Solar Projects K.K., a wholly owned subsidiary of Canadian Solar, will be the sole sponsor ("Sponsor") of CSIF. CSIF will serve as a long-term investment vehicle for primarily solar energy project assets.

Affiliates of Canadian Solar intend to sell 13 solar energy projects in Japan, with total installed capacity of 72.7 MWp, to CSIF as its initial portfolio. Canadian Solar Asset Management K.K., a wholly owned subsidiary of the Sponsor, will manage CSIF's solar energy projects as its asset manager. Canadian Solar O&M Japan K.K., a wholly owned subsidiary of the Sponsor, will provide operation and maintenance services to CSIF.

Canadian Solar has been operating in the Japanese market since 2009.

This announcement is not an offer of securities for sale in the United States or any other jurisdiction. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the US will be made by means of a prospectus.

About Canadian Solar Inc.

Founded in 2001 in Canada, Canadian Solar is one of the world's largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects in various stages of development. In the past 16 years, Canadian Solar has successfully delivered over 22 GW of premium quality modules to over 100 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the solar industry, having been publically listed on NASDAQ since 2006. For additional information about the company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Canadian Solar's Safe Harbor/Forward-Looking Statements

Certain statements in this press release regarding the Company's expected future shipment volumes, gross margins, business prospects and future results, are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; cancelation of utility-scale feed-in-tariff contracts in Japan; continued success in technological innovations; litigation; and other risks as described in the Company's SEC filings, including its annual report on Form 20-F filed on April 27, 2017. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

View original content:http://www.prnewswire.com/news-releases/tokyo-stock-exchange-approves-listing-of-canadian-solar-infrastructure-fund-300524826.html

SOURCE Canadian Solar Inc.

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NEW DELHI--(BUSINESS WIRE)--Azure Power (NYSE: AZRE), a leading independent solar power producer in India, has announced that it has commissioned the final phase of its 50 megawatt (MW) solar power plant in the state of Uttar Pradesh. The 50 MW project is spread across 300+ acres of land.

Azure Power will provide power for 25 years at a tariff of INR 4.78 (~US$ 0.07) per kWh to NTPC, the largest power utility of the Government of India. NTPC received a AAA debt rating from CRISIL, a Standard & Poor’s Company. Azure Power secured the 50 MW PPA through an auction under the National Solar Mission Phase II, Batch-II Tranche I.

Uttar Pradesh is the most populous state in India and has a large peak energy supply deficit, according to the Central Electricity Authority. In addition, CRISIL projects that over 10 million unelectrified households will be connected by 2019. Azure Power is one the largest solar developers in Uttar Pradesh and built the first utility scale solar project in Uttar Pradesh in 2015.

Speaking on this occasion, Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “With the commissioning of this plant, we have once again demonstrated our strong project development, engineering, and execution capabilities. We are delighted to make a contribution towards the realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation. Our sincere gratitude to NTPC and the state of Uttar Pradesh for all the cooperation and support extended.”

About Azure Power

Azure Power (NYSE::AZRE) is a leading solar power producer in India with a portfolio of over 1,000 MWs across 22 states/union territories. With over 150 MWs of high quality solar rooftop assets, the company has one of the largest rooftop portfolios in the country. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale to rooftop, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.

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

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s future financial and operating guidance, operational and financial results such as estimates of nominal contracted payments remaining and portfolio run rate, and the assumptions related to the calculation of the foregoing metrics. The risks and uncertainties that could cause the Company’s results to differ materially from those expressed or implied by such forward-looking statements include: the availability of additional financing on acceptable terms; changes in the commercial and retail prices of traditional utility generated electricity; changes in tariffs at which long term PPAs are entered into; changes in policies and regulations including net metering and interconnection limits or caps; the availability of rebates, tax credits and other incentives; the availability of solar panels and other raw materials; its limited operating history, particularly as a new public company; its ability to attract and retain its relationships with third parties, including its solar partners; its ability to meet the covenants in its debt facilities; meteorological conditions and such other risks identified in the registration statements and reports that the Company has filed with the U.S. Securities and Exchange Commission, or SEC, from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and the Company assumes no obligation to update these forward-looking statements.

Read more: Azure Power Commissions a 50 MW NTPC Solar...

    LAKE ELMO, MN, September 22, 2017 -- Marquis Who's Who, the world's premier publisher of biographical profiles, is proud to present Nang Tri Tran, PhD, with the Albert Nelson Marquis Lifetime Achievement Award. An accomplished listee, Dr. Tran celebrates many years' experience in his professional network, and has been noted for achievements, leadership qualities, and the credentials and successes he has accrued in his field. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.

Dr. Nang Tran received his PhD in solid state materials and device physics from Osaka Prefecture University in Japan in 1979 and did his postdoctoral research at Harvard University and the University of California, Irvine. Dr. Tran has spent 28 years in industry working on thin film solar cells, transparent conducting oxides, medical electronics, and data storage. His main technical achievements are the co-invention of a direct x-ray digital radiography detector, a major breakthrough for digital mammography in 1990, and the co-invention of transparent conducting ZnO film doped with group III elements in 1983. At present, most of the commercial thin film photovoltaic solar modules have at least one layer of this oxide in the device configuration.

During his tenure with the industry, Dr. Tran was instrumental in winning funding for several multimillion-dollar research projects and brought in multimillion-dollar licensing royalties to companies based on his inventions. He was also an invited speaker, a committee member of international conferences, and a lecturer at seminars and workshops. Dr. Tran currently serves as an adjunct professor with the University of Minnesota, and has served as a visiting professor at universities in Vietnam and Japan. He has received more than 62 patents. Products based on his inventions have received many awards, including the prestigious Research and Development 100, Photonic Circle of Excellence. Dr. Tran was also the co-founder of Ecosolar International, a consulting company on solar energy, thin films, teleradiography, and water filtration systems.

Dr. Tran is a senior life member of the IEEE, and was selected for inclusion in numerous volumes of Who's Who in America, Who's Who in Science and Engineering, Who's Who in the Midwest, Who's Who in the World, Who's Who in Finance and Industry, and Who's Who in Finance and Business.

In recognition of outstanding contributions to his profession and the Marquis Who's Who community, Dr. Tran has been featured on the Albert Nelson Marquis Lifetime Achievement website. Please visit www.ltachievers.com for more information about this honor.

Since 1899, when A. N. Marquis printed the First Edition of Who's Who in America , Marquis Who's Who has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment. Today, Who's Who in America remains an essential biographical source for thousands of researchers, journalists, librarians and executive search firms around the world. Marquis publications may be visited at the official Marquis Who's Who website at www.marquiswhoswho.com.

Read more: Nang Tri Tran, PhD, Presented with the Albert...

HONG KONG, Sept. 25, 2017 /PRNewswire/ -- Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (NASDAQ: CLNT) today announced that its wholly-owned subsidiary, EC Power (HK), started providing mobile power charger rental services through major convenience store networks in Hong Kong and Macau. 

The Company plans to provide mobile power chargers and have them available for rent at certain major convenience stores in Hong Kong and Macau, currently covering over 700 store locations in Hong Kong and over 40 locations in Macau.  The rental service allows customers to rent and return mobile power chargers at any of the convenience stores carrying the service.

"Today, the high usage of mobile devices means individuals will always have a need for mobile power chargers," said Parkson Yip, COO of Cleantech Solutions.  "We are excited to begin offering our mobile battery charger rental service throughout the major convenience store networks in Hong Kong and Macau.  We plan to expand the footprint of these services into other regions in the years to come.  We are also considering the acquisition of a battery production company in order to ensure appropriate quality, safety and availability of products to meet market demand. The Company may issue new fundraising plans to support the global expansion of our mobile power charger rental service, and resource acquisition plans to support the service."

According to iimediaResearch, the sharing mobile charger market in China is expected to reach total 104 million in total users in 2017, and grow to 246 million by 2019.

About Cleantech Solutions International

Cleantech Solutions, through its affiliated companies, designs, manufactures and distributes a line of proprietary high and low temperature dyeing and finishing machinery to the textile industry.  The Company's latest business initiatives are focused on targeting the technology and global sharing economy markets, by developing online platforms and rental business partnerships that will drive the global development of sharing through economical rental business models.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary and affiliated companies and certain potential transactions that they may enter into. These forward looking statements are often identified by the use of forward looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website, including factors described in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Form 10-K for the year ended December 31, 2016 and in our Form 10-Q for the quarter ended June 30, 2017. All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.

Company Contacts:
Cleantech Solutions International, Inc.
Parkson Yip, COO
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Web: www.cleantechsolutionsinternational.com

Compass Investor Relations
Elaine Ketchmere, CFA
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Web:  www.compassinvestorrelations.com

View original content:http://www.prnewswire.com/news-releases/cleantech-solutions-international-to-provide-mobile-power-charger-rental-services-in-hong-kong-and-macau-300524801.html

SOURCE Cleantech Solutions International, Inc.

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PLANO, Texas, Sept. 22, 2017 /PRNewswire/ -- Everything is bigger in Texas. Everything, that is, except Toyota's environmental footprint. 

Toyota Motor North America's (TMNA) headquarters campus in Plano, Texas has officially achieved LEED Platinum from the U.S. Green Building Council (USGBC). Jonathan Kraatz, executive director, USGBC Texas Chapter, presented the prized Platinum plaque to Jim Lentz, TMNA president and chief executive officer, today at the new campus. LEED, or Leadership in Energy and Environmental Design, is the most widely used green building rating system in the world.

"At Toyota, we have a longstanding commitment to sustainability and preserving our natural resources," said Lentz. "With the installation of greenspaces, thousands of solar panels, a massive rain water capture system, and natural light wells, we have designed our new headquarters to reflect the local habitat and enhance its biodiversity. Recognition as a LEED Platinum facility is a testament of our efforts to become a model for energy efficiency and sustainability, and speaks to our challenge to ourselves to create a net positive impact on the planet by 2050."

"USGBC is proud to award LEED Platinum to Toyota, for their thoughtfulness in their campus energy planning and space design as well as the overall net positive impact on the community and environment," said Kraatz. "Our mission at USGBC has challenged organizations to move faster and reach further than ever before, and Toyota's new Texas campus is a great example of what can be accomplished with the right leadership."

The state-of-the-art, 100-acre campus boasts a Platinum-sized list of sustainability aspects, from renewable energy to drought resistant landscaping:  

Renewable Energy

  • Largest onsite corporate solar installation among non-utility companies in Texas
  • 8.79-Megawatt solar power system, designed and installed by SunPower Corp.
  • Produces up to 33 percent of daily electric needs for headquarters campus
  • Reduces annual carbon dioxide emissions by 7,198 metric tons
  • Creates enough energy to power 1,200 average US homes for a year
  • Installation of high efficiency lighting and building envelopes to reduce energy usage on campus
  • Specialized rooftop design teeming with plant life to manage rainwater, reduce heat and further insulate the buildings
  • Flexible energy contract to preserve and resell excess power generation back to the grid
  • Grid energy offset by Texas wind farm renewable energy credits

Repurposed Rainwater

  • State-of-the-art rainwater capture system will provide up to three months of water supply for irrigation use
  • Cistern water storage with a capacity to hold 400,000 gallons of harvested rain water
  • Estimated to save more than 11 million gallons of potable (drinking) water annually
  • Excess drain water will be collected and repurposed for sanitary facility use


  • More than 99 percent of the construction waste was recycled
  • Construction waste was sorted offsite at North Texas' first Construction and Demolition waste processing facility

Sustainable Landscaping

  • Exterior landscaping features drought-tolerant, North Texas indigenous plants like savannah, oaklands and wildflower meadows
  • Campus landscape will provide a natural habitat for endangered pollinators and monarch butterflies
  • Approximately 1,300 trees planted onsite by Toyota
  • More than 80 mature trees saved or relocated onsite, including a 100-year-old oak tree
  • Landscaping will be managed without expensive mowing, fertilizers, chemicals or artificial irrigation
  • Historic wetlands on the northeast corner of the campus were preserved to protect its natural state

Professionals who led this project include a host of Dallas-based firms: KDC Real Estate Development & Investments to develop and build the campus, architect Corgan Associates to design the campus, and Austin Commercial to manage the construction.

In late 2015, Toyota Motor Corporation announced the 2050 Toyota Environmental Challenge, a set of ambitious environmental goals to reach beyond net zero, and create a net positive impact on the planet. To learn more, please visit http://www.toyota-global.com/sustainability/environment/challenge2050/.

About Toyota

Toyota (NYSE: TM) has been a part of the cultural fabric in the U.S. and North America for 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands. During that time, Toyota has created a tremendous value chain as our teams have contributed to world-class design, engineering, and assembly of more than 33 million cars and trucks in North America, where we operate 14 manufacturing plants (10 in the U.S.) and directly employ more than 46,000 people (more than 36,000 in the U.S.).  Our 1,800 North American dealerships (nearly 1,500 in the U.S.) sold almost 2.7 million cars and trucks (2.45 million in the U.S.) in 2016 – and about 85 percent of all Toyota vehicles sold over the past 15 years are still on the road today.  

Toyota partners with community, civic, academic, and governmental organizations to address our society's most pressing mobility challenges. We share company resources and extensive know-how to support non-profits to help expand their ability to assist more people move more places. For more information about Toyota, visit www.toyotanewsroom.com. 

View original content with multimedia:http://www.prnewswire.com/news-releases/toyota-takes-the-leed-in-texas-300524048.html

SOURCE Toyota Motor North America

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Read more: Toyota Takes The LEED In Texas

BEIJING, Sept. 22, 2017 /PRNewswire/ -- Hanergy Holding Group, China's largest thin-film solar cell manufacturer, announced the signing of a strategic agreement with bike-sharing company MTbike. Under the partnership, Hanergy will integrate thin-film solar panels into the body of over ten million bicycles in the next three years to meet the electricity demand of their smart lock systems. The total value of the agreement will reach over 300 million RMB. Other than MTbike, Hanergy previously also signed similar partnership with Mobike and 99 Bicycle, two other major industry players.

Hanergy’s thin-film solar panels used in shared bicycles
Hanergy’s thin-film solar panels used in shared bicycles

"Mobile solar energy applied to the sharing economy has huge potential to transform the transportation industry and many others," said Hanergy chairman Li Hejun. "With Hanergy's global leading thin-film technology and world-class R&D capability, we are well-positioned to provide convenient and efficient mobile energy solutions to China's rapidly growing bike-sharing industry."

Other than the cooperation with MTbike, Hanergy also worked with other major players. Under the agreement with Mobike, in addition to supplying high-efficiency thin-film solar panels, Hanergy and Mobike will also set up a joint lab to develop mobile energy and "internet of energy" technologies. With 99 Bicycle, Hanergy will help the company to produce over 5 million bikes with using Hanergy panels over the next two years.

The thin-film solar panels developed by Hanergy are thin, light, flexible and resilient with higher conversion rates compared with crystalline silicon solar cells, which makes them an ideal power source for shared bikes and other mobile energy applications. Other than providing electricity for the smart locks, the panels will also be the power source for MTbike's other technologies, such as smart handlebars and motor locks installed in the bikes in the future. 

To meet the particular needs of shared bikes, such as high-frequency usage and long-time exposure to open air, Hanergy developed special thin-film panels which can operate normally under extreme situations including heavy vibrations from rough roads and crashes, as well as heavy rain.

The panels used for the shared bikes have passed "gunshot tests" conducted in Hanergy's laboratory in the U.S., in which the panels are shot by rifles three times to ensure their durability.

Hanergy's light weight, flexible, thin-film solar panels are well suited to generate power for a wide range of transportation applications. Hanergy Thin Film Power signed an agreement with Audi to jointly introduce integrated thin-film solar cells in the panoramic roofs of Audi models. The innovative solution will prolong endurance mileage by feeding solar energy into the internal vehicle electrical system - including air conditioning and other electrical appliances.

According to the 2016 Global New Energy Development Report issued by China's All Federation of Industrial and Commercial's New Energy Commerce Chamber, the total value of the global mobile energy market could reach 7.4 trillion RMB by 2020. Hanergy's leading thin-film solar products are exempt from anti-dumping duties, and are well positioned to support emerging mobile energy applications in China and the world. 

Media contact

Danning Wang
Email: This email address is being protected from spambots. You need JavaScript enabled to view it. 
Phone: +86(10) 83914567 ext 3118

View original content with multimedia:http://www.prnewswire.com/news-releases/hanergy-signs-agreement-to-provide-thin-film-solar-panels-to-bike-sharing-company-mtbike-300524247.html

SOURCE Hanergy Holding Group

Read more: Hanergy Signs Agreement to Provide Thin-Film...

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