WASHINGTON, May 22, 2018 /PRNewswire/ -- Natural disasters have been on the rise for over a decade, threatening the lives and homes of people and their loved ones across the world, but if the highly original concepts and inventions proposed by students around the globe as part of the 7th Annual Spark!Lab Dr. InBae Yoon Invent It Challenge are any indicator, help in preparing for and getting relief from such disasters is on its way. Cricket Media, in partnership with the Smithsonian's Lemelson Center for the Study of Invention and Innovation, is pleased to announce the winners of this year's annual challenge, which received more than 210 entries from across the U.S. and Pakistan.  

The 7th Annual Spark!Lab Dr. InBae Yoon Invent It Challenge asked students ages 5–21 to think about a real-world natural disaster preparation and relief issue such as access to clean water and food, medical supplies, assistance with locating family members including pets, and recovery from disasters and to devise an innovative solution. For their entries, students were required to follow seven key steps in the invention process, including identifying a problem, conducting research, sketching their ideas, building a prototype, testing the product, refining it, and marketing it to potential users. The eight winners—three teams and five individuals—and 19 honorable mentions were evaluated by a panel of judges from the Smithsonian and Cricket Media.

"Droughts affect millions . . . more than other natural disasters," says California-based Kavi. The 9-year-old created "Super Soil Straws," a combination of a synthetic root that digs into the ground to obtain water and a solar-powered generator to help those affected by drought while also providing a means to bring power to remote areas. He adds, "If you live in an area that had trees or brush, you know there is water below you in the soil to be found." Eleven-year-old Hamsini, from Virginia, captured the award in the individual 11–13-year-old category with the AquaSol ("pure water . . . anytime, anywhere"). Addressing the issue of gaining access to clean water following a disaster such as a hurricane, tornado, or earthquake, AquaSol is meant to be a portable water purifier, providing a means to use stored thermal energy to purify water anytime, anyplace. EDD (Emergency Disaster Drone), created by a 14+ year-old team from Missouri, is an innovative new product that combines GPS and drone technology to help people stranded during natural disasters contact rescue teams and get the food and medical supplies they need, before they are rescued. Their innovative use of wireless technology with inexpensive materials seeks to reduce the possibility of loss of life due to the time it takes to find and rescue people affected by natural disasters.

The winners of the team 11–13 age category built a Catastrophe Kit for Kids to help "families prepare for the worst, by providing portable shelter, warmth, comfort, guidance, and protection." The invention is a multipurpose waterproof backpack that contains a variety of materials such as a water catcher, emergency light, whistle, a convertible poncho that can be transformed into a tarp, tent, blanket, or slide, and a PVC pipe kit that can be used to build a chair, cane, table, and other objects one might find necessary in a natural disaster. David, a student in Massachusetts and winner of the individual 5–7 age category, invented an application that can help people locate shelters for their pets in the event they are displaced by a natural disaster. His award-winning entry focused on the issue of people not evacuating areas that are going to be hit by hurricanes because pets are not allowed in emergency shelters. People can use the application to locate regional and distant pet hotels along their evacuation routes. As he says, during Hurricane Katrina "an estimated 200,000 people stayed in their homes . . . over 40% [of those who stayed] refused to leave because they didn't want to leave their pets behind." This year, the ePals Choice Award winner, which received more than 538,000 online votes, is the "Catastrophe Care Kit for Kids" created by a team of 11- to 13-year-olds from New Jersey. The kit provides survival resources such as shelter and warmth for those affected by natural disaster.

"We deeply believe in the importance of and cherish the opportunity to stimulate kids' inventiveness and critical thinking by empowering them to innovate and problem-solve for real-life problems rather than hypotheticals. It's not an exercise in a vacuum. Given the anticipated impact of climate change on the intensity and frequency of natural disasters, it is unfortunately clear that this generation's future will present numerous challenges stemming from natural disasters and that their lifetimes will be ones in which problem-solving will be paramount. That being said, in reviewing the hundreds of entries from this year's Invent It Challenge, it is also clear that, in the future, we can look forward to immense creativity from this generation, in the form of all manner of life-saving solutions to consequences and adversities caused by natural disasters and climate change," says Laura Woodside, Vice President of Education Products at Cricket Media. "From numerous devices that provide access to clean water and energy in the wake of a disaster to an app that makes evacuation from disaster areas easier by helping individuals locate pet shelters, we've been amazed, inspired, and encouraged by the ingenuity, the degree of scientific inquiry, and the realizability of the ideas put forth by this generation's young innovators."

"We are greatly impressed and inspired by the ingenuity of this year's submissions," says Jeffrey L. Brodie, deputy director of the Smithsonian's Lemelson Center for the Study of Invention and Innovation. "It is encouraging and uplifting to see young people able and ready to respond to some of the world's most complex challenges with creativity, collaboration, and optimism. These young inventors are role models for future generations of like-minded problem solvers."

Complete List of Individual Winners, by Age:

  • Ages 5–7: Anafi– David H., Longmeadow, Massachusetts
  • Ages 8–10: Super Soil Straws – Kavi S., Irvine, California
  • Ages 11–13 (Tie for first place): Aqua Sol: Pure Water . . . Anytime, Anywhere! – Hamsini R., Herndon, Virginia
  • Ages 11–13 (Tie for first place): Doggo I.D. Rescue Collar – Ariana V., Troy, New York

Complete List of Team Winners, by Age:

  • Team Ages 5–7: CEG Suit Safe (Los Angeles, California)
  • Team Ages 8–10: FilTurbine Guttering System (Ozark, Missouri)
  • Team Ages 11–13: Catastrophe Care Kit for Kids (Whitehouse Station, New Jersey)
  • Team Ages 14+: EDD (Emergency Disaster Drone) (House Springs, Missouri)

Videos and other details of the top winning inventions and the 19 honorable mentions are available here. Up to three (3) winners are eligible to receive an official U.S. patent application provided by the law firm Nelson Mullins Riley & Scarborough, LLP. "We are pleased to assist these young inventors and entrepreneurs of tomorrow with their first patent filing," says Neil Jones, a lead partner in the Nelson Mullins patent group. Additional age-specific prizes available to the winners include a hands-on behind-the-scenes tour of Smithsonian museums in Washington D.C.; an invitation to attend the 2018 National Invention Convention and Entrepreneurship Expo—sponsored by The STEMIE Coalition™; camp registration fees to attend a Camp Invention™ summer program; a selection of engaging books from the Smithsonian; art supplies and the "Spark!Lab Inventor's Studio" from Faber Castell; and for honorable mentions, one-year digital subscriptions to any Cricket Media magazine.   

ABOUT THE YOON FAMILY The Spark!Lab Dr. InBae Yoon Invent It Challenge is a collaboration between the Smithsonian's Lemelson Center for the Study of Invention and Innovation and Cricket Media. The challenge is named in honor of Dr. InBae Yoon, a Korean American inventor who passionately believed that everyone is inventive. His lifelong commitment to drawing, tinkering, and prototyping his ideas resulted in over 200 U.S. patents. The Spark!Lab Dr. InBae Yoon Invent It Challenge celebrates his legacy as an inventor and educator and aims to inspire the next generation of innovators.

ABOUT CRICKET MEDIA Cricket Media® is a global education company creating high-quality print and multimedia products for children, families, mentors, teachers, and partners that improve learning opportunities for everyone. Led by our 11 award-winning children's magazines and our customizable research-tested collaborative learning platform, we are committed to creating and supporting innovative learning experiences that help children safely explore and engage with their expanding world.

ABOUT SPARK!LAB Spark!Lab is a hands-on invention activity space operated by the Jerome and Dorothy Lemelson Center for the Study of Invention and Innovation at the Smithsonian's National Museum of American History. The Lemelson Center engages, educates, and empowers the public to participate in technological, economic, and social change. Through historical research, educational initiatives, exhibitions, and public programming, the Center advances new perspectives on invention and innovation and fosters interactions between the public and inventors. 

ABOUT NELSON MULLINS Nelson Mullins is an AmLaw 100 full-service national law firm with offices from coast to coast. The firm's Intellectual Property group has assisted a broad spectrum of clients, from Fortune 100 companies to individual inventors, such as the winners of the Annual Spark! Lab Invent It Challenge, to obtain protection for their inventions, trademarks, and copyrights and to enforce and defend those rights in courts throughout the country. 

Contacts: Cricket Media Laura Woodside, Vice President of Education Products This email address is being protected from spambots. You need JavaScript enabled to view it. (703) 885-3417; Lemelson Center for the Study of Invention and Innovation Laura Havel, Communications Specialist This email address is being protected from spambots. You need JavaScript enabled to view it. (202) 633-3312; Nelson Mullins Riley & Scarborough, LLC Neil Jones This email address is being protected from spambots. You need JavaScript enabled to view it. (864) 250-2260

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BURLINGTON, Mass., May 22, 2018 /PRNewswire/ -- Mint Energy, LLC today announced that it has entered into an agreement to sell the bulk of its U.S. retail power contracts to Crius Energy, LLC's licensed affiliates.  Today's announcement is part of Mint's decision to withdraw from serving customers in the New England and Pa./N.J./Md. markets. 

"The present market conditions in these regions have led us to reevaluate our current business model in the energy space," said Mint's CEO, David Reinfeld.  "In light of this decision, we have and will continue to work diligently to ensure that there is a seamless transition of Mint's customers to reputable supply companies, such as Crius Energy, as well as meticulously attend to our ongoing regulatory and financial obligations." 

Learn more about Mint Energy: 
http://mintenergy.net/

About Mint Energy

Mint Energy has brought over 60 years of energy structuring experience, customizing solutions to align business objectives with market expertise, load obligations, and risk tolerance, including effectively managing electricity needs with innovative and competitive solutions specific to a business's needs.  Mint remains committed to making the entire process of managing and purchasing electricity consistent, friendly and transparent.

About Crius Energy

With approximately 1.4 million residential customer equivalents, the Crius Energy provides innovative electricity, natural gas and solar products to residential and commercial customers through exclusive partnerships, direct-to-consumer, digital, and broker marketing channels. Crius' unique brands offer consumers a broad suite of energy products and services including fixed and variable contracts, renewable energy, and bundled products to support their energy needs beyond what is offered by their local utility. Crius' growth is achieved organically with customers acquired through their diversified marketing channels and through accretive acquisitions in the deregulated energy and solar industries, where there is a significant opportunity to participate in the consolidation of market participants. Crius Energy currently sells energy products in 19 states and the District of Columbia with plans to continue expanding its geographic reach.

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PALM BEACH, Florida, May 22, 2018 /PRNewswire/ --

MarketNewsUpdates.com News Commentary

The multi-billion dollar cannabis industry is receiving a big push from advanced legislation efforts throughout North America, especially in Canada, where the substance will be legal for recreational use within months. In the United States alone, the overall cannabis market is projected to triple to $25 billion by 2025. Cannabidiol (CBD) is one of the quickest growing subsets of the industry as companies offer a wide variety of CBD-based products. In the U.S., marijuana enthusiasts in this past April were even more at ease than usual after a U.S. senator from Colorado said President Donald Trump had committed that his administration's stated harder policies against cannabis would not affect the state's legal marijuana business. The industry will be interesting to watch over the summer as Canada approaches recreational legalization. Active Companies from around the market with current developments this week include: Marijuana Company of America, Inc. (OTC: MCOA), PotNetwork Holding Inc. (OTC: POTN), Hemp Inc. (OTC: HEMP), Medical Marijuana Inc. (OTC: MJNA), Aurora Cannabis Inc. (OTC: ACBFF) (TSX: ACB).

Marijuana Company of America, Inc. (OTC: MCOA), an innovative hemp and cannabis corporation, is pleased to provide an update on its New Brunswick Hemp Project with joint venture partner, Global Hemp Group Inc. (CSE: GHG/ OTC: GBHPF/ FRANKFURT: GHG) (the "Partners").

The Partners have hired Joan Parker-Duivenvoorden as fulltime project agrologist and field manager for the project. Ms. Parker-Duivenvoorden graduated from Guelph University in 1981 with a BSc (Agr) majoring in plant protection. She has over 15 years-experience with the Nova Scotia Dept of Agriculture and with the New Brunswick Soil and Crop Improvement Association ("NBSCIA"). While working at the NBSCA, she has developed strong ties in the farming community that will prove to be advantageous as the project expands from the initial group of four farmers to more than fifty farmers as envisioned in coming years. In addition to being responsible for the project locally, she will provide advisory services to participating farmers, will conduct on-farm research projects to properly monitor the behaviour of various hemp varieties in different environments of the region. She will also develop training materials to assist farmers who will join the project in subsequent years. One of the long-term research projects headed by Ms. Parker-Duivenvoorden will be to develop a profitable crop rotation for organic hemp, opening the way for organic CBD.

Contracts have now been signed with the initial group of four farmers, who began seeding this season's 125-acre industrial hemp crop last week. The farmers participating in the project in 2018 are located throughout the northeastern region of New Brunswick, Canada, making for a good cross section of results for research conducted on the behavior of the crop across that region. The distribution of farms will maximize the demonstration effect and will facilitate the recruitment of additional farmers in the following years. This carefully selected group of farmers will actively participate in addressing the introduction of this new crop across different regions.

A 4,000 sq. ft. facility has now been secured in Bathurst, New Brunswick for the project. The building will be used for biomass storage and to install drying equipment that will used to process the fresh material. Dried material will be stored at the facility while awaiting further processing by third party processors. Once proper licenses have been acquired for importing and manufacturing finished CBD products, the site may also serve as a distribution center for the hempSMARTTM and Benihemp line of products. Read this and more news for MCOA at http://www.marketnewsupdates.com/news/mcoa.html

In the industry developments and happenings in the market this week include: 

PotNetwork Holding Inc. (OTC: POTN) recently announced that its wholly owned subsidiary, Diamond CBD, Inc. was showcased at Booth 65 at the Atlantic City Convention Center, where 25,000 samples of its most popular CBD infused assorted gummy bears, were enjoyed by an international crowd of counter-culture exhibitors, consumers, and vendors. Diamond CBD has a highly successful history of sales from these key trade shows. At this show the Company featured numerous products, drawing attention directly from prospective vendors on a global scale. Featured at the show were Diamond CBD's Vape Additives, Liquid Gold Vape Juice, Chill CBD Gummies, Diamond CBD Tinctures and Biotech Creams, the Company's most successful products.

Medical Marijuana Inc. (OTC: MJNA) recently announced it has garnered international news coverage on leading news and pop culture website BuzzFeed. A May 13, 2018, article on the BuzzFeed website entitled "What Is CBD Oil An Why Are People So Into It? A Guide" talks about the many health and wellness benefits of cannabidiol (CBD) and quotes Medical Marijuana, Inc. CEO Dr. Stuart Titus throughout on how CBD works and the research that is being done to provide evidence for its many uses. The article also quotes Dr. Titus on the legal landscape of CBD and its fluctuating prices on world markets. The top news and lifestyle website, which boasts an audience of over 18 million unique global monthly views, is targeted at millennial consumers, pop culture enthusiasts and busy professionals looking for an all-inclusive place to get their news.

Hemp Inc. (OTC: HEMP) recently announced that one of its strategic growing partners, Veteran Village Kins Community Arizona, Inc., has completed installation of the solar and wind-powered energy system for its 500-acre Veteran Village Kins Community in Golden Valley, Arizona. The Veteran Village Kins Community is designed to grow hemp and produce cannabidiol (CBD) products to benefit veterans as well as generate revenue for Hemp, Inc., the Veteran Village, and individual veterans living in the community. Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP) said, "This has been an arduous journey for everyone involved, but it has been well worth it. This solar and wind-powered energy system will even allow for high-definition cameras to capture the remaining development of the Kins Community, in real time with live streaming video. Every methodical step we have taken has put us closer to opening our doors to the country's first Veteran Village Kins Community, just north of Kingman, Arizona (and only 90 minutes from Las Vegas)."

Aurora Cannabis Inc. (OTCQX: ACBFF) (TSX: ACB.TO) recently announced it has taken control of Hempco (TSX: HEMP.V) after Aurora exercised its right under a private option agreement with Charles and Angela Holmes . Pursuant to this agreement Aurora has purchased an aggregate of 10,754,942 additional Hempco Shares (50% from Charles Holmes , 50% from Angela Holmes ). Following the transaction, Aurora's ownership interest in Hempco now stands at 52.7% (50.12% on a fully-diluted basis). "Hempco plays an important role in our strategy to secure access to low-cost raw material for the potential production of CBD extracts once new legislation is in place allowing whole (hemp) plant utilization," said Terry Booth , CEO. "Furthermore, this is a strategic partnership that also helps us develops a broader portfolio of value added products for the health supplements market. By taking control, we will be able to more closely integrate Hempco's operations with our own and drive growth."

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty four hundred dollars for news coverage of the current press release issued by Marijuana Company of America, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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

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

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

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

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

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

ABOUT AU OPTRONICS

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

Safe Harbour Notice 

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

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MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy is a step closer to achieving one of the most aggressive carbon-reduction goals in the industry. Today, the company announced it cut carbon emissions 35 percent, according to its newly released Corporate Responsibility Report. This puts Xcel Energy on track to reach or exceed its ambitious goal of reducing carbon emissions 60 percent by 2030 from 2005 levels.

“We’re on a path to provide a more sustainable, prosperous energy future and believe reducing carbon emissions while enhancing affordability is a tremendous benefit for the customers and communities we serve,” said Ben Fowke, chairman, president and CEO of Xcel Energy.

Xcel Energy surpassed the U.S. commitment under the Paris Climate Accord in 2016, which called for a 26 to 28 percent reduction in carbon emissions by 2025. It’s now working to achieve a 50 percent reduction in carbon emissions by 2022 from 2005 levels.

The company plans to continue reducing its environmental footprint with an energy mix that is projected to be 60 percent carbon free in 2022. This transition to cleaner energy involves retiring aging coal plants and replacing their energy with a combination of wind and solar power and using natural gas as backup. Much of the energy will come from wind power, as Xcel Energy will more than double its wind generation with 12 new wind farms in seven states. These new energy sources are complemented by two key sources — the company’s broad array of advanced customer energy efficiency programs and the continued efficient operation of its carbon-free nuclear plants in the Upper Midwest.

Other highlights detailed in the report include:

  • Forty percent carbon-free electricity provided to customers in 2017, about half generated by wind energy.
  • The retirement of 20 coal units from 2005 to 2026, representing 40 percent of its coal-powered capacity.
  • Customers’ annual energy savings through the company’s efficiency programs were equivalent to powering 152,000 average homes with electricity and fueling 21,000 homes with natural gas.
  • Emissions of sulfur dioxide and nitrogen oxides are down more than 70 percent and water consumption decreased 40 percent from 2005 levels.
  • A decline in the average Xcel Energy residential electricity and natural gas bill over the past five years which results in keeping bills flat overall.
  • Community investment of $72.9 million in 2017, which includes support for energy assistance that helped customers in need, volunteer programs and grants through the Xcel Energy Foundation to nonprofits for STEM education, economic sustainability, environmental stewardship and arts and culture.

The 2017 Corporate Responsibility Report tracks economic, environmental and social performance and includes information related to the environment, safety, economic development, community giving and workplace programs.

About Xcel Energy

Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on Twitter and Facebook.

Read more: Xcel Energy Cuts Carbon Emissions 35 Percent

EDISON, N.J., May 22, 2018 /PRNewswire/ -- Conti Solar, a national solar engineering, procurement and construction (EPC), O&M and energy storage development company, has begun construction on the largest landfill solar project in Ohio. Located in Cuyahoga County, the 4 MW project is owned and operated by IGS Solar, a commercial and residential solar provider and an affiliate company of IGS Energy, one of the largest independent retail energy suppliers in the country. The solar project was developed by Enerlogics and McDonald Hopkins, and when complete, will provide over 5,000,000 kilowatt hours of clean solar electricity to county-owned facilities annually.

One of two PSE&G Parklands landfill ground arrays totaling 21.3 MW. The Conti Solar team have extensive experience converting landfill to productive and clean power generation plants with solar.
One of two PSE&G Parklands landfill ground arrays totaling 21.3 MW. The Conti Solar team have extensive experience converting landfill to productive and clean power generation plants with solar.

Solar projects built on landfills can be particularly complex, but Conti Solar has successfully installed more than 133 MW of landfill solar projects across the country. Their deep experience and knowledge with the processes and risks of landfill projects, along with their competitive buying power and superior execution capabilities establishes Conti Solar as a national leader in the segment.  

The Cuyahoga solar project is the first of its kind in Ohio. Covering 17 acres of previously unproductive land, Conti Solar will manage the construction of the solar array that will sit atop a closed-and-capped landfill and transform an area of waste into a sustainable solar power generation plant. The project will be a cornerstone of Cuyahoga County's sustainable practices. Via a power purchase agreement (PPA), Cuyahoga County will acquire 100 percent of the project's energy through Cleveland Public Power. Benefits of this unique project include significantly reduced energy costs for the county, additional tax revenue, and an estimated 100 local jobs.

"It was essential that we partnered with a firm that has a proven track record in developing solar projects on top of sensitive landfill sites," said Patrick Smith, vice president of IGS Solar. "It's a unique niche, but Conti Solar's vast experience, impeccable standards, and understanding of IGS Solar's vision for the community has made Conti Solar the ideal partner for this project."

"IGS Solar is helping Cuyahoga County reduce energy costs for the next 20 years. They have been a reliable energy partner supporting the efficient and cost-effective addition of clean renewable energy for the county's benefit, both environmentally and financially, said Matthew Skidmore, CEO of Conti Solar. "We hope to continue working with IGS Solar on projects like this in Ohio and other Midwestern states."

The project will be complete during the summer of 2018. To learn more about Conti Solar's other completed landfill solar projects, visit www.contisolar.com/projects/type/landfill-arrays.

About Conti Solar
Conti Solar is a national EPC, O&M, and energy storage development company. Our attention to detail, flawless execution and collaborative culture has enabled us to successfully develop and install over 500 MW of solar projects since our early initiatives in 2008. We leverage established partnerships with solar developers, IPPs, utilities, off-takers, suppliers and landowners to streamline project development, design, construction and operations, driving down project costs and creating value across all project stakeholders. A member of The Conti Group, Conti Solar is well positioned with a diversified network of industry experts and the financial wherewithal to be a trusted, long-term partner. Learn more at www.contisolar.com.

About IGS Solar 
IGS Solar, a turn-key commercial and residential solar provider with significant solar assets under development, provides businesses, homes, and communities with an opportunity to participate in creating a sustainable energy future with no upfront investment. As an affiliate of IGS Energy, IGS Solar is dedicated to delivering innovative solar energy solutions. For more information, contact Patrick Smith, Vice President, at 614-448-7655 (This email address is being protected from spambots. You need JavaScript enabled to view it.) or visit IGSsolarpower.com. Connect with IGS Solar at linkedin.com/company/igs-solar.

Media Contact:
Dawn Robinson
1-732-520-5015
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HSINCHU, May 22, 2018 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) will participate in SID's Display Week 2018 to showcase a full range of LCD panels adopting mini LED backlight technology for gaming monitors, gaming notebook PCs and VR headsets, claiming market leadership in high-end gaming and niche applications with exceptional image quality featuring ultra high brightness and high dynamic range.

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

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

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

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

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

ABOUT AU OPTRONICS

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

Safe Harbour Notice 

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

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SOURCE AU Optronics Corporation

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RIVERSIDE, Calif., May 22, 2018 /PRNewswire/ -- The longstanding relationship between SolarMax Technology and the University of California - Riverside (UCR) has produced a number of breakthroughs, especially in the area of solar research and development. A new agreement between the company and the alumni association ensures that alumni will benefit even more from those advances.

SolarMax has been named the official Corporate Solar Sponsor for the UCR Alumni Association. The exclusive agreement includes a number of branding and communications outreach elements that support solar advocacy and adoption.

UCRAA aims to connect with more than 110,000 alumni - many of whom still reside in the Inland Empire and adjacent counties. The Association organizes a number of events and activities that help members stay connected, while also offering a number of incentives and programs that are exclusive to members. 

As an official corporate sponsor, SolarMax joins a select group of companies whose products and services are available to UCR alumni - often with value-added features and benefits. Company executives view the partnership as a good strategic fit in terms of market reach and demographics.     

"UCR's alumni footprint matches up very well with the communities we serve across Southern California," said SolarMax CEO David Hsu. "We saw the partnership as an extension of the unique relationship we have built and cultivated with the university over the past decade."

Jorge Ancona, UCRAA Executive Director, said, "We're delighted to welcome SolarMax as our Official Corporate Solar Sponsor. Knowing the commitment they have to education and to the University of California, Riverside, I know the passion and value they bring to our alumni."

About SolarMax Technology, Inc.
Founded in 2008, SolarMax Technology is a worldwide leader in solar, LED lighting, energy storage, monitoring and large-scale solar. The Riverside, California-based company, which has installed thousands of residential and commercial systems across Southern California, remains one of the fastest growing companies in the renewable energy space.  SolarMax employs a workforce of nearly 200 professionals across its offices in Riverside, Diamond Bar, Fresno and San Diego. It is also the largest U.S.-headquartered solar developer operating in the Peoples Republic of China, with offices in Shanghai, Beijing, Nanjing and inland provinces.

CONTACT: Michael Shepherd
(949) 798-5595
This email address is being protected from spambots. You need JavaScript enabled to view it.

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SOURCE SolarMax Technology, Inc.

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GRAND RAPIDS, Mich., May 22, 2018 /PRNewswire/ -- Packaging real time monitoring, analytics and visualization for Passive Lightning Suppression Devices.

EMP Defense, in partnership with Digital Business Creations and MONNIT Corporation, have completed the design stage of a Proof of Concept (POC) transforming EMP Defense's CMCE lightning suppression products into a packaged Internet of Things (IoT) dynamic devices.

The POC will demonstrate how packaging sensors and communication modules around the CMCE lightning suppression device, will enable businesses and individuals to monitor and capture data analytics in real time. The POC will also demonstrate how the device, when connected to an IoT Analytics Hub provided by Digital Business Creation and monitoring sensors provided by MONNIT®, becomes a valuable risk mitigation tool to prevent significant loss of property and life, and improve their risk profile with insurers potentially decreasing insurance costs.  

According to David Organek, National Sales, EMP Defense LLC, "The CMCE120 Lightning Suppressor, the primary model deployed in commercial and industrial installations, is a passive system that continuously balances the protected areas electromagnetic field — draining excess current harmlessly into the ground — eliminating upward streamers — and preventing the development of lightning within a 393 ft radius. Up until now, the only way to confirm a device was performing as designed is to attach a clamp meter to the ground wire and observe the readout."

POC components include: sensors; communications; PV (Photovoltaics) Solar power source with battery backup; optional AC (Alternating Current) feed; real-time monitoring, alerts and data feeds to existing dashboards; data models, feeds and integration; mobility; analytics hub and dashboard; reports; visualization; and potential for third party data sources.

Dennis Steckler, CEO, of Digital Business Creations stated, "This real-time packaging of lightning suppression, sensors and data analytics redefines risk management and safety for industrial, commercial, residential and marine entities."

The next phase involves programming, data gathering, event filtering, transmission, data modeling, dashboard design, and visualizations. Field tests are scheduled for mid-summer 2018 and will be used to demonstrate the feasibility and value to Beta Clients.

With the POC objectives in place, EMP Defense and partners will demonstrate the feasibility and value of packaging sensors, communication modules, and real-time data analytics around the CMCE lightning suppression devices. "We are delighted to partner with EMP Defense and Digital Business Creations to demonstrate the power of real-time detection and monitoring, not just on risk reduction but on actual risk avoidance, stated Eric Tua'one, Global Enterprise Sales Manager, Monnit®."

About Digital Business Creations
Digital Business Creations LLC helps improve business performance and growth through digital technologies in the insurance and financial services, healthcare and life sciences industries. DBC uses a pragmatic innovation approach to develop business and technology solutions in a co-innovation/partnership working relationship with clients in the insurance and financial services, healthcare, and life sciences industries. More at digitalbusinesscreations.com

About EMP Defense
EMP Defense LLC represents and distributes advanced lightning suppressors designed to eliminate upward streamers preventing lightning from developing within protected areas. More at www.empdefense.us

About Monnit Corp.
Monnit leads the Internet of Things by empowering businesses with easy-to-use, low-cost remote monitoring solutions. Monnit solutions can be used to remotely monitor a variety of "Things" (i.e. temperature, motion, humidity, vibration, etc., alerting users by text, email, and/or phone call when something goes wrong. More at www.monnit.com.

To participate as a Beta Client, email David Organek This email address is being protected from spambots. You need JavaScript enabled to view it., Dennis Steckler This email address is being protected from spambots. You need JavaScript enabled to view it. or Eric Tua'one This email address is being protected from spambots. You need JavaScript enabled to view it..

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SOURCE Digital Business Creations, LLC

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Read more: Lightning Suppression Devices Deliver Real Time...

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

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

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

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

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

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

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

Key Topics Covered

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

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

3 Executive Summary

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

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

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

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

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

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

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

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

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

Media Contact:

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Laura Wood, Senior Manager
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Yoven Moorooven

Jean-Pascal de PERETTI is appointed Managing Director of ENGIE’s Métier BtoB effective summer 2018.

He will succeed Claude Turbet and will report to Shankar Krishnamoorthy, Executive Vice President of the ENGIE Group, and will be a member of his management team.

Jean-Pascal de Peretti, 57, is a graduate of the Ecole Supérieure de Commerce de Paris (1983).

After 17 years at the group Ciments Français as CFO of several entities (SCORI, GSM, ARENA), he joined the ENGIE Group in 2000. He first held the position of Secretary General – Financial Director of INEO, then in 2005 he was nominated Secretary General – Financial Director of the France Installations and Associated Services BU, which brings together the activities of the subsidiaries INEO, AXIMA and ENDEL.

Since 2010, Jean-Pascal de Peretti has been CEO of ENGIE AXIMA, a subsidiary of the ENGIE Group’s BtoB France BU. As CEO of AXIMA, he led the company’s adaptation to market developments, particularly in the field of energy and digital transitions, while ensuring significant commercial development and being closely involved in performance issues. As a member of the BtoB France BU’s Board of Directors, Jean-Pascal de Peretti also actively contributed to the establishment of its roadmap and its development.

He is also a member of the bureau of SERCE, the French electrical, heating and ventilation engineering trade union, and of its Board of Directors.

About ENGIE

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

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

Commenting on the occasion, Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “We started with the vision of providing affordable solar power for generations and the mission to be the lowest cost power producer in the world. Through our collective efforts and support from our stakeholders, we have achieved this important milestone of crossing a 2 GW portfolio through large scale, mini/micro grid and rooftop solutions across the entire country. This achievement is a testament to our strong project development, engineering, and execution capabilities. We are delighted to make this contribution towards the realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation.”

Azure Power was founded by Inderpreet Wadhwa in 2008 with a vision of providing affordable solar power in an efficient, sustainable and socially responsible manner. Azure Power has rapidly grown to become one of the largest solar power developers in the India. The company started its journey over ten years ago by developing India’s first private utility scale solar plant, a 2 MW plant in Awan Punjab. Over the last decade, the company has witnessed tremendous growth and has installed over 1,000 MWs of solar capacity, with a footprint across 23 states in India. Approximately 80% of Azure Power’s projects are with counterparties with domestic debt ratings that are A or higher and the company is backed by several marquee investors such as Caisse de dépôt et placement du Québec (CDPQ), International Finance Corporation (IFC), HelionVenture Partners, Foundation Capital, Société de Promotion et de Participation pour la Coopération Économique (PROPARCO), Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) and Netherlands Development Finance Company (FMO).

About Azure Power

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

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

Forward Looking Statements

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

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

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

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

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

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

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

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

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

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

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

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

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

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

https://www.nasa.gov

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