ONALASKA, Wis., Aug.14, 2018 /PRNewswire/ -- Dynamic Lifecycle Innovations, a full-service electronics and materials lifecycle management corporation providing solutions for electronics recycling, IT asset disposition (ITAD), legislative compliance, product refurbishment, remarketing and resale, metals recovery, and data security, today announced it has been awarded by the courts the official approval to acquire certain IT asset inventory and intangible assets of ECS Refining, Inc. The sale was authorized under bankruptcy court proceedings and does not transfer to Dynamic Lifecycle Innovations (formerly Dynamic Recycling) any liabilities or obligations of ECS Refining, which filed for Chapter 11 bankruptcy in late April 2018 and closed at the end of June 2018.

Under the sale agreement, Dynamic will purchase ECS' customer and vendor data, software access rights, business name, Web sites, and asset management services (AMS) equipment inventories in its Stockton, California; Mesquite, Texas; and Columbus, Ohio locations.

"Prior to its recent bankruptcy issues, ECS had built a solid brand and reputation," says Miles Harter, Dynamic Lifecycle Innovations CEO. "Dynamic is extremely passionate about doing things right for our clients. We are excited to provide ECS customers with reputable, customized, secure, and cost effective solutions for all stages of the IT lifecycle through our vertical integration, greater breadth and depth of services, and in-house logistics."

Dynamic Lifecycle Innovations also offers ECS customers pick-up services for end-of-life solar panels in need of disposal due to damages from weather, shipping, or installation. This includes solar PV panels of all types, inverters, and broken and/or salvaged units. As with any material Dynamic accepts, the company guarantees that clients' solar panels will be properly recycled to their fullest extent and never disposed of in a landfill, in full compliance with all local, state, and federal rules and regulations.

Dynamic will proactively contact all ECS clients to discuss how the company can fulfill their ITAD, electronics recycling, data security, and logistics needs. Customers are also encouraged to contact Dynamic directly at 877.781.4030 for immediate questions, comments, and service requests, including previous shipment data and current/future pick-up needs.

For more information on customized electronics and materials lifecycle management strategies from Dynamic Lifecycle Innovations, visit the company's Web site at www.thinkdynamic.com. To explore career opportunities at any of the company's three locations and find out how to join the Dynamic Lifecycle Innovations team, please visit www.thinkdynamic.com/careers.

About Dynamic Lifecycle Innovations

Dynamic Lifecycle Innovations is a full-service electronics and materials lifecycle management corporation providing solutions for IT asset disposition, electronics recycling, legislative compliance, product refurbishment, remarketing and resale, metals recovery, and data security with locations in Onalaska, Wis.; Nashville, Tenn.; and Minneapolis, Minn. The company creates customized service packages designed to safeguard its customers' sensitive data and protect the environment from e-waste and other pollutants. Since its inception in 2007, Dynamic has become an industry leader by constantly refining its services and processes with new insights in materials lifecycle management.

Dynamic Lifecycle Innovations strives to foster authentic, meaningful relationships with clients, maximize their value recovery, ensure their assets and data are properly disposed of, and deliver the security they need to know the job is done right. Dynamic's goal is to create an exceptional experience with every customer interaction and deliver top-quality services with passion, integrity, transparency, and environmental responsibility. For more information about Dynamic Lifecycle Innovations, visit the company's Web site at www.thinkdynamic.com.

SOURCE Dynamic Lifecycle Innovations

Related Links

http://www.thinkdynamic.com

Read more: Dynamic Lifecycle Innovations Aquires Intangible...

ONALASKA, Wis., Aug.14, 2018 /PRNewswire/ -- Dynamic Lifecycle Innovations, a full-service electronics and materials lifecycle management corporation providing solutions for electronics recycling, IT asset disposition (ITAD), legislative compliance, product refurbishment, remarketing and resale, metals recovery, and data security, today announced it has been awarded by the courts the official approval to acquire certain IT asset inventory and intangible assets of ECS Refining, Inc. The sale was authorized under bankruptcy court proceedings and does not transfer to Dynamic Lifecycle Innovations (formerly Dynamic Recycling) any liabilities or obligations of ECS Refining, which filed for Chapter 11 bankruptcy in late April 2018 and closed at the end of June 2018.

Under the sale agreement, Dynamic will purchase ECS' customer and vendor data, software access rights, business name, Web sites, and asset management services (AMS) equipment inventories in its Stockton, California; Mesquite, Texas; and Columbus, Ohio locations.

"Prior to its recent bankruptcy issues, ECS had built a solid brand and reputation," says Miles Harter, Dynamic Lifecycle Innovations CEO. "Dynamic is extremely passionate about doing things right for our clients. We are excited to provide ECS customers with reputable, customized, secure, and cost effective solutions for all stages of the IT lifecycle through our vertical integration, greater breadth and depth of services, and in-house logistics."

Dynamic Lifecycle Innovations also offers ECS customers pick-up services for end-of-life solar panels in need of disposal due to damages from weather, shipping, or installation. This includes solar PV panels of all types, inverters, and broken and/or salvaged units. As with any material Dynamic accepts, the company guarantees that clients' solar panels will be properly recycled to their fullest extent and never disposed of in a landfill, in full compliance with all local, state, and federal rules and regulations.

Dynamic will proactively contact all ECS clients to discuss how the company can fulfill their ITAD, electronics recycling, data security, and logistics needs. Customers are also encouraged to contact Dynamic directly at 877.781.4030 for immediate questions, comments, and service requests, including previous shipment data and current/future pick-up needs.

For more information on customized electronics and materials lifecycle management strategies from Dynamic Lifecycle Innovations, visit the company's Web site at www.thinkdynamic.com. To explore career opportunities at any of the company's three locations and find out how to join the Dynamic Lifecycle Innovations team, please visit www.thinkdynamic.com/careers.

About Dynamic Lifecycle Innovations

Dynamic Lifecycle Innovations is a full-service electronics and materials lifecycle management corporation providing solutions for IT asset disposition, electronics recycling, legislative compliance, product refurbishment, remarketing and resale, metals recovery, and data security with locations in Onalaska, Wis.; Nashville, Tenn.; and Minneapolis, Minn. The company creates customized service packages designed to safeguard its customers' sensitive data and protect the environment from e-waste and other pollutants. Since its inception in 2007, Dynamic has become an industry leader by constantly refining its services and processes with new insights in materials lifecycle management.

Dynamic Lifecycle Innovations strives to foster authentic, meaningful relationships with clients, maximize their value recovery, ensure their assets and data are properly disposed of, and deliver the security they need to know the job is done right. Dynamic's goal is to create an exceptional experience with every customer interaction and deliver top-quality services with passion, integrity, transparency, and environmental responsibility. For more information about Dynamic Lifecycle Innovations, visit the company's Web site at www.thinkdynamic.com.

SOURCE Dynamic Lifecycle Innovations

Related Links

http://www.thinkdynamic.com

Read more: Dynamic Lifecycle Innovations Aquires Intangible...

SALT LAKE CITY--(BUSINESS WIRE)--sPower, the largest private owner of operating solar assets in the US, recently celebrated the one-year anniversary of its acquisition by The AES Corporation (“AES”) and Alberta Investment Management Corporation (“AIMCo”). The partnership has delivered a powerful combination and accelerated sPower’s growth plan and execution capabilities. Since closing one year ago, sPower has, among other impressive accomplishments:

  • Successfully closed two investment grade green bonds via the private placement market for portfolio refinancings of its operating solar and wind assets valued at approximately $420 million and $500 million, respectively. The first of these bonds was awarded “Deal of the Year” by Project Finance International.
  • Signed new Power Purchase Agreements (“PPA”) for over 1,380 MW of new solar and wind projects, including previously-announced contracts with Basin Electric for a 220 MW wind farm in South Dakota, Microsoft for a 410 MWdc solar project in Virginia and CleanPowerSF for a 130 MWdc solar project in California.
  • Brought the operating portfolio up to 1,350 MW of wind and solar assets with sPower Services providing full O&M Services on 1,030 MW.
  • Significantly expanded its presence in the wind space – reaching 551 MW of contracted wind assets.

“AES and AIMCo have given us incredible support over the last year, and the future of sPower is bright with their backing,” said sPower’s CEO, Ryan Creamer. “Not only have we significantly expanded the portfolio, but we expect it to continue to grow in the coming months as we work to convert our current 2,100 MW of shortlists into contracted assets.”

“We are very pleased with sPower’s operational and development performance, which has exceeded our expectations,” said Tom O’Flynn, AES Executive Vice President and Chief Financial Officer. “In fact, sPower’s signed PPAs year-to-date will be a key contributor to AES’ growth through 2020 and beyond.”

About sPower:

sPower, an AES and AIMCo company, is the largest private owner of operating solar assets in the United States. sPower owns and operates a portfolio of solar and wind assets greater than 1.3 GW and has a development pipeline of more than 10 GW. sPower is owned by a joint venture partnership between The AES Corporation (NYSE: AES), a worldwide energy company headquartered in Arlington, Virginia, and the Alberta Investment Management Corporation, one of Canada’s largest and most diversified institutional investment fund managers. For more information, visit www.sPower.com.

Read more: sPower Celebrates First Anniversary with AES and...

GUELPH, Ontario , Aug. 14, 2018 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced its financial results for the second quarter of 2018 ended June 30, 2018.

Second Quarter 2018 Highlights

  • Solar module shipments were 1,700 MW, including 246 MW shipped to the Company's own solar projects not recognized into revenue in the quarter. This compares to the module shipment of 1,374 MW in the first quarter of 2018, and second quarter 2018 module shipment guidance in the range of 1,500 MW to 1,600 MW.
  • Net revenue was $650.6 million, compared to $1.42 billion in the first quarter of 2018, and second quarter 2018 guidance in the range of $690 million to $730 million. The sequential decrease in net revenue is the result of lower revenue from project sales ($879.9 million in Q1 and $85.6 million in Q2) and lower average selling prices for our solar modules. The lower revenue compared to the guidance is due to the deferral of several planned project sales to later quarters.
  • Net revenue from the total solutions business as a percentage of total net revenue was 20.1% compared to 64.2% in the first quarter of 2018.
  • Gross margin was 24.5%, including the benefits of two AD/CVD reversals of $13.1 million and $12.6 million, based on the final rates of Solar 2 AD AR2 and Solar 1 CVD AR4, respectively. Excluding these AD/CVD reversal benefits, gross margin was 20.5%, compared to 10.1% in the first quarter of 2018, and second quarter 2018 guidance of a range of 20.0% to 22.0%.
  • Net income attributable to Canadian Solar was $15.6 million, or $0.26 per diluted share, compared to net income of $43.4 million, or $0.72 per diluted share, in the first quarter of 2018.
  • Cash, cash equivalents and restricted cash balances at the end of the quarter totaled $991.1 million, compared to $1.19 billion at the end of the first quarter of 2018.
  • Net cash used in operating activities was approximately $174 million, compared to net cash provided by operating activities of $253 million in the first quarter of 2018.
  • The Company's portfolio of utility-scale solar power plants in operation as of July 31, 2018 was approximately 1.4 GWp with an estimated total resale value of approximately $1.6 billion. Only the value of class B shares which the Company holds in its tax equity solar power plants in the U.S. is included in this resale value.

Second Quarter 2018 Results

Net revenue in the second quarter of 2018 was $650.6 million, down 54.3% from $1.42 billion in the first quarter of 2018 and down 6.0% from $692.4 million in the second quarter of 2017. The sequential decrease in net revenue is as a result of lower revenue from project sales ($879.9 million in Q1 and $85.6 million in Q2), lower average selling prices for our solar modules and the deferral of several planned project sales to later quarters.

Solar module shipments in the second quarter of 2018 were 1,700 MW, including 246 MW shipped to the Company's own solar projects not recognized into revenue in the quarter, compared to 1,374 MW in the first quarter of 2018, and second quarter 2018 guidance in the range of 1,500 MW to 1,600 MW.

Gross profit in the second quarter of 2018 was $159.4 million, compared $143.9 million in the first quarter of 2018 and $167.8 million in the second quarter of 2017. Gross margin in the second quarter of 2018 was 24.5%, compared to 10.1% in the first quarter of 2018 and 24.2% in the second quarter of 2017, and second quarter 2018 guidance of 20.0% to 22.0%. Gross profit in the second quarter of 2018 includes the benefits of two AD/CVD reversals of $13.1 million and $12.6 million, based on the final rates of Solar 2 AD AR2 and Solar 1 CVD AR4, respectively. Excluding these AD/CVD reversal benefits, gross margin was 20.5% in the second quarter of 2018.

Total operating expenses in the second quarter of 2018 were $105.5 million, up 60.6% from $65.7 million in the first quarter of 2018 and up 25.5% from $84.1 million in the second quarter of 2017.

Selling expenses in the second quarter of 2018 were $40.3 million, down 4.9% from $42.3 million in the first quarter of 2018 and up 2.4% from $39.3 million in the second quarter of 2017.

General and administrative expenses in the second quarter of 2018 were $56.4 million, up 15.7% from $48.8 million in the first quarter of 2018 and up 6.6% from $53.0 million in the second quarter of 2017. The relatively low G&A in Q1 was partially due to a reversal of $4.5 million in other payables accrual in Q1. The sequential increase in Q2 was also due to a $2.6 million increase in labor cost.

Research and development expenses in the second quarter of 2018 were $9.1 million, compared to $9.5 million in the first quarter of 2018 and $7.3 million in the second quarter of 2017.

Other operating income in the second quarter of 2018 was $0.3 million, compared to $34.9 million in the first quarter of 2018 and $15.5 million in the second quarter of 2017.

Income from operations in the second quarter of 2018 was $53.9 million, compared to $78.2 million in the first quarter of 2018, and $83.7 million in the second quarter of 2017. Operating margin was 8.3% in the second quarter of 2018, compared to 5.5% in the first quarter of 2018 and 12.1% in the second quarter of 2017.

Non-cash depreciation and amortization charges in the second quarter of 2018 were approximately $30.2 million, compared to $34.5 million in the first quarter of 2018 and $21.2 million in the second quarter of 2017. Non-cash equity compensation expense in the second quarter of 2018 was $3.3 million, compared to $2.1 million in the first quarter of 2018 and $4.2 million in the second quarter of 2017.

Interest expense in the second quarter of 2018 was $26.6 million, compared to $29.6 million in the first quarter of 2018 and $26.7 million in the second quarter of 2017.

Interest income in the second quarter of 2018 was $2.9 million, compared to $3.6 million in the first quarter of 2018 and $1.4 million in the second quarter of 2017.

The Company recorded a loss on the change in fair value of derivatives in the second quarter of 2018 of $7.6 million, compared to a gain of $4.5 million in the first quarter of 2018 and a loss of $1.8 million in the second quarter of 2017. Foreign exchange loss in the second quarter of 2018 was $2.5 million, compared to $8.5 million in the first quarter of 2018, and $11.6 million in the second quarter of 2017.

Income tax expense in the second quarter of 2018 was $7.8 million, compared to $4.1 million in the first quarter of 2018 and $9.0 million in the second quarter of 2017.

Net income attributable to Canadian Solar in the second quarter of 2018 was $15.6 million or $0.26 per diluted share, compared to $43.4 million or $0.72 per diluted share in the first quarter of 2018 and $38.2 million or $0.63 per diluted share in the second quarter of 2017.

Financial Condition

The Company had a cash, cash equivalents and restricted cash balance of $991.1 million as of June 30, 2018, compared to $1.19 billion as of March 31, 2018.

Accounts receivable, net of allowance for doubtful accounts, at the end of the second quarter of 2018 were $370.1 million, compared to $354.3 million at the end of the first quarter of 2018. Accounts receivable turnover in the second quarter of 2018 was 58 days, compared to 26 days in the first quarter of 2018.

Inventories at the end of the second quarter of 2018 were $336.5 million, compared to $414.1 million at the end of the first quarter of 2018. Inventory turnover in the second quarter of 2018 was 72 days, compared to 28 days in the first quarter of 2018.

Accounts and notes payable at the end of the second quarter of 2018 were $815.4 million, compared to $914.0 million at the end of the first quarter of 2018.

Short-term borrowings at the end of the second quarter of 2018 were $2.0 billion, compared to $1.86 billion at the end of the first quarter of 2018. Long-term borrowings at the end of the second quarter of 2018 were $221.3 million, compared to $328.1 million at the end of the first quarter of 2018. 

Senior convertible notes totaled $126.9 million at the end of the second quarter of 2018, compared to $126.7 million at the end of the first quarter of 2018.

Total borrowings directly related to utility-scale solar power projects were $1.22 billion at the end of the second quarter of 2018, compared to $1.12 billion at the end of the first quarter of 2018. Total debt at the end of the second quarter of 2018 was approximately $2.47 billion.

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, "Our second quarter revenue was affected by the deferral of several project sales as well as an industrywide lower average module selling price. The solar policy change in China effective on May 31, 2018 has caused a significant disruption in China, and the global solar industry. We also incurred a relatively large foreign exchange loss due to the depreciation of currencies in certain developing countries against US dollar during the quarter. However, we are confident we can navigate this challenging period given our proven track record even in prior periods of volatility. On the energy business side, as of July 31, 2018, we have increased our late-stage, utility-scale solar power project pipeline to 2.2 GWp and our portfolio of solar power plants in operation to 1.4 GWp."

Dr. Huifeng Chang, Senior Vice President and Chief Financial Officer of Canadian Solar, commented, "We were able to improve our gross margin excluding the AD/CVD reversal benefits to 20.5% as we balanced higher than expected shipments of solar modules with our continued focus on cost controls. During the quarter, we achieved several milestones in our energy business. We energized a large fleet of solar power projects in China, Brazil, Japan and Australia. We further diversified our late-stage, utility-scale solar power project pipeline in new countries, including Malaysia.  Finally, we are on track to monetize additional solar power assets, including three of our solar power plants in the U.S. totaling 394 MWp.Our continued progress in this regard reflects our ongoing efforts to improve our balance sheet."

Utility-Scale Solar Project Pipeline

The Company divides its utility-scale solar project pipeline into two categories: an early-to-mid-stage pipeline and a late-stage pipeline. The late-stage pipeline primarily includes projects that have energy off-take agreements and are expected to be built within the next two to four years. The Company cautions that some late-stage projects may not reach completion due to risks such as failure to secure permits and grid connection, among others.

Late-Stage, Utility-Scale Solar Project Pipeline

As of July 31, 2018, the Company's late-stage, utility-scale solar project pipeline, including those in construction totaled approximately 2.2 GWp, including 459 MWp in the U.S., 476.2 MWp in Brazil, 435.7 MWp in Mexico, 304 MWp in India, 295.6 MWp in Japan, 100 MWp in China, 97.6 in Argentina, 18.4 MWp in Chile, 15.3 MWp in Australia,15 MWp in Malaysia, 14 MWp in Taiwan and 8 MWp in South Korea.

In the United States, as of July 31, 2018, the Company's late-stage, utility-scale solar project pipeline is detailed in the table below.

Project

MWp

Location

Status

Expected COD

Mustang Two

210

California

Development

2020

Gaskell West 2

147

California

Development

2020

NC102

102

North Carolina

Construction

2018

Total

459

In Japan, as of July 31, 2018, the Company's late-stage, utility-scale solar project pipeline for which interconnection agreements and feed-in tarrif ("FIT") have been secured totaled approximately 295.6 MWp, 67.4 MWp of which are under construction and 228.2 MWp of which are under development. The Company has an additional 11.4 MWp of projects in the bidding process, which will be added to the late-stage, utility-scale solar project pipeline once interconnection agreements and FIT have been secured. 

In May 2018, the Company achieved commercial operation on the 56.3 MWp Yamaguchi Shin Mine solar power project. In July, the company achieved COD on a 2.2 MWp solar power project. 

The table below sets forth the expected commercial operation dates ("COD") of the Company's late-stage utility-scale solar power projects in Japan, as of July 31, 2018:

Expected COD Schedule (MWp)

2H2018

2019

2020

2021 and

Thereafter

Total

14

97.9

47.8

135.9

295.6

In Brazil, as of July 31, 2018, the Company's late-stage, utility-scale solar project pipeline is detailed in the table below.

Project

MWp

Location

Status

Expected

COD

Francisco Sa

122.2

Ceara

Development

2021

Jaiba

97.3

Minas Gerais

Development

2021

Lavras

144.7

Minas Gerais

Development

2021

Salgueiro

112

Pernambuco

Development

2020

Total

476.2

In Brazil's A-4 auction held on April 4, 2018, the Company won three solar power projects totaling 364.2 MWp. The projects have been awarded 20-year power purchase agreements with an average price of 118.15 BRL/MWh (approximately US$35.58/MWh). The Company will develop and build the projects and expects to bring them to COD in 2021.

In Mexico, as of July 31, 2018, the Company's late-stage, utility-scale solar project pipeline is detailed in the table below.

Project

MWp

Location

Status

Expected

COD

EL Mayo

124

Sonora

Development

2020

Horus

119

Aguascalientes

Development

2020

Tastiota

125

Sonora

Development

2020

Aguascalientes

67.7

Aguascalientes

Construction

2018

Total

435.7

In China, The Company's late-stage, utility-scale power pipeline was 100 MWp as of July 31, 2018.

Solar Power Plants in Operation

In addition to its late-stage utility-scale solar project pipeline, as of July 31, 2018, the Company had a portfolio of utility-scale, solar power plants in operation totaling approximately 1.4 GWp. The plants are recorded on the Company's balance sheet as "project assets (build to sell)", "assets held-for-sale" and "solar power systems, net (build to own)". Revenue from the sale of electricity was $2.5 million in the second quarter of 2018.

The sale of projects recorded as "project assets" (build to sell) on the balance sheet will be recorded as revenue in the income statement once revenue recognition criteria are met. The gain from the sale of projects recorded as "assets held-for-sale" and "solar power systems, net" (build to own) on the balance sheet will be recorded within "other operating income (expenses)" in the income statement.

The table below sets forth the Company's total portfolio of utility-scale, solar power plants in operation, as of July 31, 2018:

U.S.

Japan

Brazil

China

India

Others

Total

499

144.1

79.8

487.6

126.1

41.2

1,377.8

Manufacturing Capacity

Subject to market conditions, the Company plans to expand its ingot, wafer, cell and module manufacturing capacity to 1.65 GW, 5.0 GW, 6.25 GW and 9.13 GW, respectively, by December 31, 2018. This represents a reduction from the Company's previously announced ingot, cell and module manufacturing capacity expansion plan by 355 MW, 800 MW and 780 MW, respectively.

Manufacturing Capacity Roadmap (MW)

31-Dec-17

30-Jun-18

31-Dec-18

Changes on

31-Dec-18 Capacity

from Previously

Announced Plan

Ingot

1,200

1,645

1,645

Down 355

Wafer

5,000

5,000

5,000

Unchanged

Cell

5,450

5,450

6,250

Down 800

Module

8,110

8,310

9,130

Down 780

Module (effective capacity)

7,550

8,370

All of the Company's wafer manufacturing capacity uses diamond wire-saw technology. Diamond wire-saw technology is compatible with the Company's proprietary and highly efficient black silicon multi-crystalline solar cell technology, thereby reducing silicon usage and manufacturing cost.

The Company owns solar module manufacturing factories in Canada and Brazil, with nominal capacity of 400 MW and 360 MW, respectively. Due to lower volume in the Canadian market and the Section 201 import duty in the U.S., the Canadian factory has been running at a low utilization rate since February of 2018. The Brazilian plant is also running at a relatively low utilization rate as we completed our planned utility scale projects in the market. As a result, the Company considers its effective solar module production capacity being 7,550 MW as of June 30, 2018, and expects it to be 8,370 MW on December 31, 2018.

Business Outlook

The Company's business outlook is based on management's current views and estimates with respect to operating and market conditions, its current order book and the global financing environment. It is subject to uncertainty relating to solar module average selling prices, final customer demand and solar project construction and sale schedules. Management's views and estimates are subject to change without notice.

For the third quarter of 2018, the Company expects total solar module shipments to be in the range of 1.5 GW to 1.6 GW, including approximately 210 MW of shipments to the Company's utility-scale, solar power projects that may not be recognized as revenue in third quarter 2018. Total revenue for the third quarter of 2018 is expected to be in the range of $790 million to $840 million. Gross margin for the third quarter is expected to be between 20.0% and 23.0%.

Given global market changes following the new policy announcement in China effective on May 31, 2018 and the policy and market changes in other key markets, the Company is updating its full year 2018 total module shipment guidance to be in the range of 6.0 GW to 6.2 GW, compared to 6.6 GW to 7.1 GW previously. The Company now expects total revenue for the full year 2018 to be in the range of $4.0 billion to 4.2 billion, compared to $4.4 billion to $4.6 billion previously.

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, "The revision of our annual guidance is in-line with the boarder industry and mainly reflects the expected reduction of shipment volumes to the Chinese market in the second half of the year, as well as the expected lower solar module average selling price. In the near-term, we will focus on maintaining our market share and protecting a reasonable profit margin. In the longer-term, we remain confident that global demand for solar power products will continue to increase in light of solar energy's compelling lower cost of ownership and ability to accommodate locations underserved by other grid power options."

Recent Developments

On August 7, 2018, Canadian Solar announced that it closed a $45 million financing with Natixis, an arm of Groupe BPCE, the second largest banking group in France. Proceeds from the non-recourse financing will be used to construct the Company's 68 MWp solar power project in Aguascalientes, Mexico.

On June 28, 2018, Canadian Solar announced the COD of its 56.3 MWp Yamaguchi Shin Mine solar power project in Japan.

On May 15, 2018, Canadian Solar announced the COD of its 35 MWp commercial and industrial (C&I) solar portfolio in the state of Karnataka, India in March 2018.

On May 15, 2018, Canadian Solar announced that its wholly-owned subsidiary, Recurrent Energy, had closed on debt financing and tax equity investment commitments for its 102 MWp NC 102 solar power project, located in Cabarrus County, North Carolina. Prudential Capital Group will provide a $106.7 million debt facility for the project, including a tax equity bridge loan, term loan and revolving loan. U.S. Bancorp Community Development Corporation, a division of U.S. Bank, will make a tax equity investment in the project under a separate agreement.

Conference Call Information

The Company will hold a conference call at 8:00 a.m. U.S. Eastern Daylight Time on August 14, 2018 at 8:00 a.m. U.S. Eastern Daylight Time (8:00 p.m., August 14, 2018 in Hong Kong) to discuss the Company's second quarter 2018 results and business outlook. The dial-in phone number for the live audio call is +1-866-519-4004 (toll-free from the U.S.), +852-3018-6771 (local dial-in from HK) or +1-845-675-0437 (from international locations). The passcode for the call is 4858436.  A live webcast of the conference call will also be available on the Investor Relations section of Canadian Solar's website at www.canadiansolar.com.

A replay of the call will be available 2 hours after the conclusion of the call until 9:00 a.m. U.S. Eastern Daylight Time on Wednesday, August 22, 2018 (9:00 p.m., August 22, 2018 in Hong Kong) and can be accessed by dialing +1-855-452-5696 (toll-free from the U.S.), +852-3051-2780 (local dial-in from HK) or +1-646-254-3697 from international locations, with passcode 4858436.  A webcast replay will also be available on the investor relations section of Canadian Solar's at www.canadiansolar.com.

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 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 17 years, Canadian Solar has successfully delivered over 28GW 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 publicly listed on NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release regarding the Company's expected future shipment volumes, gross margins 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; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20-F filed on April 26, 2018. 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.

FINANCIAL TABLES FOLLOW

Canadian Solar Inc.

Unaudited Condensed Consolidated Statement of Operations

(In Thousands of US Dollars, Except Share And Per Share Data And Unless Otherwise Stated)

Three Months Ended

Six Months Ended

June 30

March 31

June 30

June 30

June 30

2018

2018

2017

2018

2017

Net revenues

$   650,590

$   1,424,911

$  692,366

$  2,075,501

$  1,369,407

Cost of revenues

491,155

1,280,965

524,527

1,772,119

1,110,162

     Gross profit

159,435

143,946

167,839

303,382

259,245

Operating expenses:

     Selling expenses

40,275

42,331

39,324

82,607

73,265

     General and administrative

     expenses

56,433

48,775

52,950

105,208

108,020

     Research and development

     expenses

9,134

9,499

7,318

18,633

12,942

     Other operating income

(345)

(34,906)

(15,502)

(35,251)

(16,400)

Total operating expenses

105,497

65,699

84,090

171,197

177,827

Income from operations

53,938

78,247

83,749

132,185

81,418

Other income (expenses):

     Interest expense

(26,596)

(29,594)

(26,717)

(56,190)

(50,828)

     Interest income

2,883

3,576

1,393

6,459

3,915

     Gain (loss) on change in fair

     value of derivatives

(7,567)

4,474

(1,849)

(3,093)

(9,601)

     Foreign exchange gain (loss)

(2,454)

(8,456)

(11,648)

(10,911)

2,566

     Investment loss

(584)

-

-

(584)

-

Other expenses, net

(34,318)

(30,000)

(38,821)

(64,319)

(53,948)

Income before income taxes

and equity in earnings (loss) of

unconsolidated investees

19,620

48,247

44,928

67,866

27,470

Income tax expense

(7,766)

(4,092)

(8,958)

(11,857)

(5,849)

Equity in earnings (loss) of

unconsolidated investees

4,119

(269)

4,384

3,850

4,990

Net income

15,973

43,886

40,354

59,859

26,611

Less: Net income attributable to

non-controlling interests

404

509

2,142

913

1,734

Net income attributable to

Canadian Solar Inc.

$    15,569

$      43,377

$   38,212

$    58,946

$     24,877

Earnings per share - basic

$   0.26

$   0.74

$   0.66

$   1.00

$   0.43

Shares used in computation -

basic

58,826,343

58,553,622

57,947,324

58,690,736

57,890,265

Earnings per share - diluted

$   0.26

$   0.72

$   0.63

$   1.00

$   0.42

Shares used in computation -

diluted

59,215,958

61,952,777

62,049,899

59,183,822

58,647,785

Canadian Solar Inc.

Unaudited Condensed Consolidated Statement of Comprehensive Income

(In Thousands of US Dollars)

 Three Months Ended 

 Six Months Ended 

 June 30 

 March 31 

 June 30 

 June 30 

 June 30 

2018

2018

2017

2018

2017

Net Income

15,973

43,886

40,354

59,859

26,611

Other comprehensive income (net of tax

of nil):

Foreign currency translation adjustment

(62,068)

23,181

3,833

(38,887)

12,762

Gain (loss) on changes in fair value of

derivatives

1,918

5,128

(3,611)

7,046

(1,930)

Comprehensive income (loss)

(44,177)

72,195

40,576

28,018

37,443

Less: comprehensive income (loss)

attributable to non-controlling interests

(1,292)

3,500

3,153

2,208

715

Comprehensive income (loss)

attributable to Canadian Solar Inc.

(42,885)

68,695

37,423

25,810

36,728

Canadian Solar Inc.

Unaudited Condensed Consolidated Balance Sheet

(In Thousands of US Dollars)

June 30,

December 31,

2018

2017

ASSETS

Current assets:

     Cash and cash equivalents

$          452,471

$          561,679

     Restricted cash - current

535,769

617,761

     Accounts receivable trade, net

370,111

358,091

     Contract assets

40

1,253

     Amounts due from related parties

33,808

26,102

     Inventories

336,468

346,092

     Value added tax recoverable

105,345

94,503

     Advances to suppliers - current

60,849

61,399

     Derivative assets - current

12,022

16,200

     Project assets - current

1,190,742

1,523,342

     Assets held-for-sale

13,611

182,797

     Prepaid expenses and other current assets

285,248

296,084

Total current assets

3,396,484

4,085,303

Restricted cash - non-current

2,841

10,695

Property, plant and equipment, net

796,589

747,235

Solar power systems, net

59,087

63,964

Deferred tax assets, net

133,729

131,796

Advances to suppliers - non-current

51,085

38,325

Prepaid land use right

90,272

78,649

Investments in affiliates

411,099

414,215

Intangible assets, net

12,139

10,986

Goodwill

4,061

6,248

Derivatives assets - non-current

13,056

10,911

Project assets - non-current

92,208

148,170

Other non-current assets

130,304

143,130

TOTAL ASSETS

$         5,192,954

$         5,889,627

Current liabilities:

     Short-term borrowings

$         2,000,267

$         1,957,755

     Accounts and notes payable

815,378

975,595

     Amounts due to related parties

17,782

6,023

     Other payables

303,499

315,321

     Convertible notes

126,946

-

     Advances from customers

81,876

51,739

     Derivative liabilities - current

11,042

6,121

     Liabilities held-for-sale

581

185,872

     Financing liabilities - current

154,200

407,683

     Other current liabilities

151,204

201,903

Total current liabilities

3,662,775

4,108,012

Accrued warranty costs

54,904

55,659

Convertible notes

-

126,476

Long-term borrowings

221,346

404,341

Amounts due to related parties

863

-

Derivatives liabilities - non-current

-

359

Liability for uncertain tax positions

8,305

9,264

Deferred tax liabilities - non-current

5,563

5,562

Loss contingency accruals

24,872

25,682

Financing liabilities - non-current

35,124

12,243

Other non-current liabilities

76,009

82,254

Total LIABILITIES

4,089,761

4,829,852

Equity:

     Common shares

702,868

702,162

     Additional paid-in capital

5,757

417

     Retained earnings*

443,892

383,681

     Accumulated other comprehensive loss

(87,170)

(54,034)

Total Canadian Solar Inc. shareholders' equity

1,065,347

1,032,226

Non-controlling interests in subsidiaries

37,846

27,549

TOTAL EQUITY

1,103,193

1,059,775

TOTAL LIABILITIES AND EQUITY

$         5,192,954

$          5,889,627

Note: * The Company, starting from January 1, 2018, adopted Accounting Standards Update 2014-09, Revenue

from Contracts with Customers (ASC 606), using the modified retrospective method. The reported results for

year 2018 reflect the adoption of ASC 606, while the reported results for year 2017 were prepared under the

previous revenue recognition guidance. The adoption of ASC 606 has no material impact on the revenue

recognition for the first quarter of 2018. The cumulative-effect adjustment to the beginning balance of retained

earnings on January 1, 2018 was an increase of $1.3 million from $383.7 million to $385.0 million, related to

variable consideration recognized for project sales in year 2017. It has no impact on the Company's cash flows

for the first quarter of 2018.

SOURCE Canadian Solar Inc.

Related Links

http://www.canadiansolar.com

Read more: Canadian Solar Reports Second Quarter 2018 Results

PEKÍN, 14 de agosto de 2018 /PRNewswire/ -- JA Solar Holdings Co., Ltd., fabricante líder en el mundo de productos de energía solar de alto rendimiento, anunció que sus envíos acumulados a Japón alcanzaron los 3,3 GW. Reconocida como la marca de energía fotovoltaica más confiable, JA Solar está en una posición sólida con una importante participación en el mercado solar de Japón desde hace años. La empresa fue la principal proveedora de módulos superiores para Japón en la primera mitad de 2018.

Ya en 2012, JA Solar sentó las bases para ampliarse hacia el mercado japonés creando una subsidiaria en Tokio. Los productos de alta calidad de la empresa y sus excelentes servicios de posventa permiten a JA Solar crear relaciones estratégicas y anunciar la intención de cooperar con varios clientes locales importantes, incluidos Marubeni Corporation, Hitachi, Ltd., JGC Corporation, Toko Denki Koji Kabushiki Kaisha, Nippon COMSYS Corporation, Mitsui & Co., Ltd., entre otros. JA Solar tiene más de 200 socios estratégicos en Japón. Sus productos se venden en los 47 distritos administrativos de Japón y son muy usados en los sistemas de energía fotovoltaica de terrazas residenciales, comerciales e industriales, así como en plantas de energía montadas en tierra a gran escala. Los 3,3 GW acumulados de productos de JA Solar representan una capacidad de generación de electricidad de unos 4.300 millones de kWh, que pueden reducir las emisiones de dióxido de carbono en 3,5 millones de toneladas.

Japón está ubicado en zonas costeras, bajo condiciones climáticas variadas, lo que marca un estándar alto para los módulos solares, incluida la tolerancia salina-alcalina y la resistencia al calor húmedo y el frío extremo. Los módulos fotovoltaicos de JA Solar rinden bien en la resistencia a la corrosión y la resistencia PID, y pueden funcionar con alta fiabilidad en esas condiciones ambientales extremas. Además, los módulos solares de alta calidad de JA Solar ofrecen una sólida garantía para asegurar la estabilidad del sistema de plantas de energía y optimizar la generación de energía. Como titular de una patente PERC, JA Solar ofrece módulos semicelda PERC y de doble vidrio PERC bifaciales de alto rendimiento para satisfacer mejor la creciente demanda de los clientes japoneses por mayores beneficios de los sistemas de generación de energía. Ambos módulos tienen buena recepción en el mercado.

El Sr. Jin Baofang, presidente y director ejecutivo de JA Solar, declaró: "Seguimos enfocados en la innovación tecnológica y el desarrollo de productos solares de alta eficiencia y de producción masiva. Estamos seguros de que seguiremos ofreciendo a nuestros socios mundiales servicios y productos de alta calidad, y también promoveremos más el desarrollo de la industria de la energía fotovoltaica".

CONTACTO:

Xiaorui Sun

+86-10-6361-1888 x1698

This email address is being protected from spambots. You need JavaScript enabled to view it.

FUENTE JA Solar Holdings Co., Ltd.

Read more: Envíos acumulados de JA Solar a Japón superan...

HOLLISTON, Mass.--(BUSINESS WIRE)--Key Solar, LLC, the fastest growing commercial installer and developer in New England, announced today that they have been recognized by Solar Power World Magazine for its contributions to the industry, especially in Massachusetts. Key Solar ranked 6th on the Top Solar Contractors in Massachusetts and 122 out of 450 in the United States.

The Top Solar Contractors list is developed annually by Solar Power World to recognize the work completed by solar contractors across the United States. The Top Solar Contractors list celebrates the achievements of U.S. solar developers, subcontractors and installers within the utility, commercial and residential markets, and ranks contractors by kilowatts installed in the previous year.

"Solar Power World is very excited about the 2018 class of Top Solar Contractors," said Kelly Pickerel, Editor in Chief of Solar Power World. "Our 2017 list showed impressive installation numbers after 2016's huge rush to meet ITC requirements, and many companies were hesitant to show unavoidable installation dips after last year's high. We're happy to feature a strong group of thriving U.S. solar installers, including Key Solar, on the 2018 Top Solar Contractors list. These companies truly are at the top of their markets."

“Key Solar is honored to be part of the 2018 Top Solar Contractors list,” said Kevin Price, Managing Partner and Co-Founder of Key Solar. “The solar industry continues to outpace other sources of energy, and we’re proud to be a part of this growth. Every day we show building and business owners that the return on investment (ROI) in solar is greater than most other investments. We look forward to the continued industry growth and being part of it.”

The U.S. solar market had its biggest year ever in 2016, installing more than 15,000 MW. Although installations in 2017 dropped to 10,608 MW, the total still represents 40% growth over 2015 numbers. The year-over-year downturn can be attributed to the large influx of 2016 projects rushing to meet the anticipated expiration of a 30% federal tax credit that was eventually renewed. Last year also saw uncertainty surrounding potential Section 201 tariffs on imported solar panels, which may have led to delayed or canceled projects.

If you’re interested in solar for your business, contact Key Solar, This email address is being protected from spambots. You need JavaScript enabled to view it..

About Key Solar, LLC
Key Solar is the fastest growing commercial installer and developer in New England. Founded on over 30 years of solar and construction experience, Key Solar provides the support needed to design, develop, finance, install and manage your solar system. By working closely with experienced partners, Key Solar saves its customers time and money by providing unsurpassed solar solutions. To learn more, please go to www.keysolarllc.com.

About Solar Power World
Solar Power World is the leading online and print resource for news and information regarding solar installation, development and technology. Since 2011, SPW has helped U.S. solar contractors—including installers, developers and EPCs in all markets—grow their businesses and do their jobs better. For more information, please go to www.solarpowerworldonline.com.

Read more: Key Solar Recognized as a Top Solar Contractor...

ПЕКИН (BEIJING), 14 августа 2018 г. /PRNewswire/ -- Ведущий мировой производитель фотоэлектрических систем, компания JA Solar Holdings Co., Ltd. сообщила, что совокупный объем поставок ее продукции в Японию достиг 3,3 ГВт. Пользуясь репутацией самого надежного бренда PV-систем, JA Solar на протяжении многих лет занимает прочные позиции на японском отраслевом рынке. В первой половине 2018-го компания стала ведущим поставщиком модулей в Японии.

JA Solar заложила фундамент для расширения своего присутствия на японском рынке еще в 2012 году, открыв дочернее предприятие в Токио. Высококачественная продукция и превосходный послепродажный сервис позволили компании установить стратегические отношения с партнерами и анонсировать сотрудничество с целым рядом важных региональных клиентов, включая Marubeni Corporation, Hitachi, Ltd., JGC Corporation, Toko Denki Koji Kabushiki Kaisha, Nippon COMSYS Corporation, Mitsui & Co., Ltd и т.д. На сегодняшний день JA Solar имеет более 200 стратегических партнеров в Японии. Ее продукция успешно реализуется во всех 47 административных районах страны и широко применяется в создании бытовых, коммерческих и промышленных PV-системах, монтируемых на крышах зданий, а также крупномасштабных наземных электростанций. Совокупный объем поставки продукции JA Solar на уровне 3,3 ГВт эквивалентен электрогенерирующей мощности в размере около 4,3 млрд. кВтч, что позволяет сократить выбросы диоксида углерода на 3.5 млн. тонн.

Прибрежные районы японских островов характеризуются весьма разнообразными природно-климатическими условиями, что задает высокую планку для солнечных модулей, включая показатели стойкости к воздействию солей и щелочей, влажному теплу и экстремально низким температурам. Фотоэлектрические модули JA Solar демонстрируют отличные характеристики устойчивости к коррозии и PID и способны надежно функционировать в подобных экстремальных условиях. Кроме того, высококачественные солнечные модули JA Solar гарантируют стабильность всей электростанции и оптимизацию параметров генерации. Обладая патентом на технологию PERC, JA Solar предоставляет высокопроизводительные двусторонние модули PERC с двойным покрытием, а также с солнечными элементами половинного размера, что позволяет удовлетворять растущий спрос японских потребителей на повышенную производительность энергогенерирующих систем. Подобные модули пользуются высокой репутацией и популярностью на рынке.

Президент и главный исполнительный директор компании г-н Цзинь Баофан (Jin Baofang) отметил: «Мы и дальше будем делать акцент на технологических инновациях и разработке высокоэффективных солнечных продуктов для серийного производства.  Наша компания уверена в своей способности и дальше предоставлять нашим международным партнерам высококачественные продукты и сервисы, а также продвигать стабильное развитие фотоэлектрической отрасли».

КОНТАКТНАЯ ИНФОРМАЦИЯ:

Сунь Сяожуй (Xiaorui Sun)

+86-10-6361-1888 x1698 

This email address is being protected from spambots. You need JavaScript enabled to view it.

Read more: Совокупный объем поставок продукции JA Solar в...

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Ubiquitous Energy, the leader in transparent solar technology, is pleased to announce that it has been selected to receive a grant of $3 million from the California Energy Commission through the Bringing Rapid Innovation Development to Green Energy (BRIDGE) program to accelerate the commercialization of advanced energy efficient windows. As part of the grant program, the company will partner with the world-renowned building energy efficiency group at Lawrence Berkeley National Laboratory.

Ubiquitous Energy’s transparent solar coating, ClearView Power™, selectively absorbs and converts non-visible light (ultraviolet and infrared) to electricity while transmitting visible light. ClearView Power™ doubles as a solar control coating in addition to its electricity generation by blocking infrared light that is commonly known as solar heat. The transparent solar coating can be applied to vertical surfaces of buildings, turning traditional windows into highly energy efficient and electricity generating windows that are aesthetically pleasing and acceptable to architects, designers, and occupants.

ClearView Power™ applied to all California windows could provide annual energy savings and generation of up to 20 terawatt hours, offsetting nearly 10% of the state’s electricity consumption. “It is a strong testament to our team and technology that our project to increase energy efficiency of windows was selected by the California Energy Commission in such a competitive funding opportunity,” said Ubiquitous Energy CEO, Miles Barr.

Applied directly to glass using standard glass coating equipment, ClearView Power™ is a highly transparent, color neutral coating. This award from the California Energy Commission will enable Ubiquitous Energy to accelerate the development and scale its ClearView Power technology. This novel and patent protected technology will provide a truly transparent energy harvesting solution to the Building Integrated Photovoltaic (BIPV) market enabling zero net energy buildings and beyond.

About Ubiquitous Energy

Ubiquitous Energy is the world leader in transparent photovoltaics. Its award-winning ClearView Power™ technology is the only truly transparent solar product. ClearView Power™ harvests solar energy and serves as an invisible, onboard source of electricity for a variety of end products. The thin coating can be applied to the surface of building or automotive windows to provide electricity generation and energy efficiency or to the displays of mobile electronic devices to provide infinite battery life. Spun out of MIT, Ubiquitous Energy is now producing its highly transparent, efficient solar cells in its pilot production facility in Silicon Valley. For more information, visit www.ubiquitous.energy.

Read more: Ubiquitous Energy Selected to Receive $3 Million...

DUBLIN--(BUSINESS WIRE)--The "Solar Water Heater - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to the report, the Global Solar Water Heater Market is expected to grow at a CAGR of 9% during the forecast period.

One of the major trends in the market is introduction of numerous targets to diminish carbon emissions and encourage the expansion of renewable energy.

Factors such as growing number of advancements and improvements in terms of technology & durability and growing demand for high-quality solar water heaters are fueling the market growth.

However, low category penetration due to heavy initial installation and maintenance costs is limiting the expansion of the solar water heater market.

By distribution channels, home improvement stores segment accounted for the largest market share in the global market due to increasing number of investments in devising account management, supply chain management strategies, and enhancement of product assortment.

By geography, Asia Pacific is anticipated to dominate with maximum market share due to the rising number of solar water heater installations in countries such as China and India.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Solar Water Heater Market, By System

6 Global Solar Water Heater Market, By Collector

7 Global Solar Water Heater Market, By Distribution Channel

8 Global Solar Water Heater Market, By Application

9 Global Solar Water Heater Market, By End-User

10 Global Solar Water Heater Market, By Geography

11 Key Developments

12 Company Profiling

  • Rinnai Corp
  • V Guard Industries
  • Linuo Ritter
  • Chromagen Ltd.
  • Racold
  • Himin Solar Energy
  • Bosch Ltd.
  • Bradford White Corporation
  • Rheem manufacturing
  • A.O. Smith
  • Wagner Solar UK
  • Alternate Energy Technologies
  • SunTank
  • Viessmann Manufacturing
  • EMMVEE Solar Systems
  • Jinyi Solar
  • Genersys

For more information about this report visit https://www.researchandmarkets.com/research/fxjtll/the_global_market?w=4

Read more: The Global Market for Solar Water Heaters -...

PEKÍN, 14 de agosto de 2018 /PRNewswire/ -- JA Solar Holdings Co., Ltd., un fabricante líder mundial de productos de energía solar de alto rendimiento, ha anunciado que sus envíos compuestos a Japón han alcanzado los 3,3 GW. JA Solar, reconocida por ser una de las marcas FV más fiable, ha tenido una posición sólida en Japón con una cuota significativa de su mercado solar. La compañía fue el principal proveedor de módulos en Japón durante la primera mitad de 2018.

Desde 2012, JA Solar estableció las bases para expandirse en el mercado japonés al establecer una filial en Tokio. Los productos de alta calidad de la compañía y sus excelentes servicios postventa permiten a JA Solar establecer relaciones estratégicas y cooperaciones con varios clientes locales importantes, incluidos Marubeni Corporation, Hitachi, Ltd., JGC Corporation, Toko Denki Koji Kabushiki Kaisha, Nippon COMSYS Corporation, Mitsui & Co., Ltd, etc. JA Solar tiene más de 200 socios estratégicos en Japón. Sus productos se venden en los 47 distritos administrativos de Japón y se utilizan ampliamente en sistemas FV de techo para residencias, comercios e industria además de las plantas solares en suelo a gran escala. Los 3,3 GW del conjunto de los productos de JA Solar representan una producción eléctrica de aproximadamente 4,3 billones kWh, lo que puede reducir las emisiones de dióxido de carbono unas 3,5 toneladas.

Japón está rodeado de zonas costeras con varias condiciones medioambientales, lo que define un estándar alto para los módulos solares, incluyendo tolerancia salina y alcalina, calor húmedo y resistencia al frío extremo. Los módulos FV de JA Solar tienen buen rendimiento gracias a su resistencia a la corrosión y a la degradación potencial. Además, pueden funcionar con un alto nivel de fiabilidad en condiciones medioambientales extremas. Además, los módulos solares de alta calidad de JA Solar ofrecen una buena garantía que asegura la estabilidad de la planta eléctrica y la optimización de la producción de electricidad. Como titular de la patente PERC, JA Solar proporciona un vidrio doble PERC bifacial de alto rendimiento y módulos de media célula PERC para satisfacer la creciente demanda de mayores beneficios de los sistemas de producción de electricidad de los clientes japoneses. El mercado recibe bien todos esos módulos.

El Sr. Jin Baofang, presidente y director ejecutivo de JA Solar, comentó, "Seguimos centrados en innovación tecnológica y desarrollo de productos solares en masa y de alta eficacia. Tenemos la confianza que seguiremos ofreciendo productos y servicios de alta calidad a nuestros socios globales, y fomentaremos aún más el desarrollo de la industria FV".

CONTACTO:

Xiaorui Sun

+86-10-6361-1888 x1698

This email address is being protected from spambots. You need JavaScript enabled to view it.

Read more: Los envíos compuestos de JA Solar superan los 3 GW

LONDON--(BUSINESS WIRE)--The global floating power plant market is expected to post a CAGR of nearly 4% during the period 2018-2022, according to the latest market research report by Technavio.

A key factor driving the growth of the market is the need for alternative power solution. Generally, electric power is supplied over a grid network, with power being generated from a central location. However, in an event where a power plant fails or when a power plant is unable to meet the entire load, it can affect the functioning of critical facilities such as hospitals, schools, and businesses. In such cases, floating power plants are used to supply power to the affected area, district, or a specific facility that require electricity.

This market research report on the global floating power plant market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

In this report, Technavio highlights the hybrid floating solar power plants as one of the key emerging trends in the global floating power plant market:

Global floating power plant market: Hybrid floating solar power plants

Floating solar power plants face the issue of intermittency, which can be addressed by incorporating another renewable power system with the floating solar power plant. The hybrid floating solar power plant helps provide baseload electricity for floating solar power plants. Hybrid floating solar plants may be added to a fossil fuel power plant to meet peak load power requirements.

“Various companies are adopting this trend, they are combining hybrid floating solar power plants with wind turbines or hydroelectric dam power generation facilities. Moreover, the hybrid floating solar power plant can operate at a lower cost than conventional solar power steam generation technologies,” says a senior analyst at Technavio for research on power.

Global floating power plant market: Segmentation analysis

This market research report segments the global floating power plant market by technology (non-renewable and renewable) and geographical regions (APAC, EMEA, and the Americas).

The non-renewable segment held the largest market share in 2017, accounting for nearly 87% of the market. This technology segment is expected to dominate the global market throughout the forecast period.

EMEA led the market in 2017 with a market share of nearly 45% of the market share. The market share occupied by this region is anticipated to decrease by nearly 2% during 2018-2022.

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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Read more: Global Floating Power Plant Market 2018-2022|...

DUBLIN--(BUSINESS WIRE)--The "Solar Battery Charger - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to the report, the market is growing at a CAGR of 11% from 2017 to 2026.

Increasing use of electronic devices, high demand for solar photovoltaic (PV) consumer products and the recent advances in technology in the development of solar battery chargers are some key factors influencing the market growth. However, intermittent nature of solar power is restricting the market growth.

Amongst end users, the individual consumers segment accounted for significant market share during the forecast period. Factors like the augmented usage of electronic devices and an increase in the time spent outdoors will boost the growth of this market segment over the forecast period. Furthermore, the rising need for reliable chargers that do not depend on the main power supply will aid in the growth of this market segment.

North America dominated the market due to the major revenue contributors in the region. Factors like the rising price of electricity will propel the market for solar battery chargers. With increasing government support for solar powered products, the market for the solar battery charger in the Americas is anticipated to account for a market are fueling the market growth.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Solar Battery Charger Market, By Application

6 Global Solar Battery Charger Market, By Type

7 Global Solar Battery Charger Market, By End User

8 Global Solar Battery Charger Market, By Geography

9 Key Developments

10 Company Profiling

  • Anker
  • Cobra
  • EMPO-NI
  • Goal Zero
  • Goal Zero
  • IceTech USA
  • Power Traveller
  • Shenzhen Portable Electronic Technology
  • Solio
  • Suntactics
  • Suntrica
  • Voltaic
  • Xsories
  • Xtorm
  • Yingli Solar

For more information about this report visit https://www.researchandmarkets.com/research/rb9z7w/solar_battery?w=4

Read more: Solar Battery Chargers: Global Market Outlook...

PEKING, 14. augusta 2018 /PRNewswire/ -- JA Solar Holdings Co., Ltd., popredný svetový výrobca vysokovýkonných produktov na výrobu solárnej energie, oznámil, že jeho dodávky solárnych modulov do Japonsku už dosiahli 3,3 GW. S nálepkou najspoľahlivejšej značky  v oblasti fotovoltiky sa JA Solar dostal do solídnej pozície s výrazným podielom na japonskom trhu so solárnou energiou a v prvej polovici roku 2018 sa dokonca prepracoval na špičku medzi dodávateľmi modulov do Japonska.

Už začiatkom roku 2012 si spoločnosť JA Solar pripravila pôdu pre rozšírenie svojej obchodnej sféry o japonský trh, keď v Tokiu založila dcérsku spoločnosť. Vysokokvalitné produkty a skvelé popredajné služby umožňujú firme JA Solar rozvíjať strategické vzťahy a spolupracovať s mnohými dôležitými miestnymi zákazníkmi, vrátane Marubeni Corporation, Hitachi, Ltd., JGC Corporation, Toko Denki Koji Kabushiki Kaisha, Nippon COMSYS Corporation, Mitsui & Co., Ltd a inými. JA Solar má v Japonsku k dnešnému dňu viac ako 200 strategických partnerov. Produkty tejto spoločnosti sa predávajú vo všetkých 47 správnych okrskoch Japonska a vo veľkej miere sa využívajú v rezidenčných, komerčných a priemyselných strešných fotovoltických systémoch ako aj vo veľkoobjemových pozemných elektrárňach. Kumulatívny výkon produktov od JA Solar vo výške 3,3 GW predstavuje kapacitu výroby elektriny približne 4,3 miliardy kWh, čo znamená potenciál zníženia uhlíkových emisií až o 3,5 milióna ton.

Japonsko má mnoho pobrežných oblastí s rôznorodými environmentálnymi podmienkami, ktoré predstavujú výzvu pre solárne moduly, vrátane soľno-alkalickej tolerancie, vlhkého tepla a extrémnej odolnosti voči chladu. Fotovoltické moduly od JA Solar poskytujú výborný výkon aj v oblasti rezistencie voči korózii a potenciálnej indukovanej degradácie. Okrem toho sú schopné zabezpečiť vysokú spoľahlivosť aj v týchto extrémnych poveternostných podmienkach. K tomu všetkému je nutné dodať aj to, že vysokokvalitné solárne moduly od JA Solar ponúkajú garanciu stability systému elektrárne a optimalizáciu výroby elektrickej energie. Ako držiteľ patentu na technológiu PERC, poskytuje spoločnosť JA Solar vysokovýkonné bifaciálne PERC moduly s dvojitým sklom a poločlánkové PERC moduly, aby uspokojila rastúci dopyt japonského trhu po vyššej miere prínosov systémov výroby elektrickej energie. A trh víta práve takéto moduly.

Prezident a generálny riaditeľ spoločnosti JA Solar Jin Baofang uviedol: „Naďalej sa budeme zameriavať na technologické inovácie a rozvoj veľkovýroby vysokoúčinných solárnych produktov, aby sme svojim partnerom na celom svete mohli poskytovať vysokokvalitné produkty a služby, a tak naďalej podporovať rozvoj odvetvia fotovoltiky."

KONTAKT:

Xiaorui Sun

+86-10-6361-1888 x1698 

This email address is being protected from spambots. You need JavaScript enabled to view it.

Read more: Spoločnosť JA Solar už dodala Japonsku solárne...

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