United States International Trade Commission (USITC) Offers Trade Remedies Far Below Anticipated Levels

ALISO VIEJO, CA--(Marketwired - Nov 2, 2017) - XsunX, Inc. (OTC PINK: XSNX), a leading solar and energy saving technologies provider, announced today that a much-anticipated recommendation by the USITC offers encouraging news for growth in US solar industry.

With the potential for looming import duties on certain imported solar cells and assembled solar modules, XsunX has seen its access to a broad range of manufacturers and economically priced product narrow over the past several months. Now, with the USITC's member recommendations outlining a four-year plan with duties declining 5%/yr., and initiating far less than what the industry had feared, the Company sees access and costs to improve which bodes well for current and future projects.

"After the trade commission's recommendations were released Tuesday, we reached out to some of our vendors who were elated by the news," stated Tom Djokovich, CEO of XsunX, Inc. "While the recommendations now need to be finalized by the current administration, we see the commission's opinion as a validation that the solar industry represents a diverse and large sector for job growth important to the US economy," continued Mr. Djokovich, CEO of XsunX, Inc.

The request for the tariff was initially presented by two US based module manufacturers with foreign ties requesting import duties to be set that would establish significantly higher import cost for assembled solar modules. Under the USITC's average recommendation of a 30% duty, and assuming a current West Coast imported module cost of $0.38/watt, the application of a 30% duty would suggest a module cost at about $0.49/watt.

"As recent as 2016, the Company's cost for modules on some projects exceeded where we anticipate module costs will be in 2018 under the proposal and we were still able to present economically advantageous solar investment proposals to clients," stated Tom Djokovich, CEO of XsunX, Inc. "At the same time, our balance of system costs have continued to decline and we anticipate continuing to offer exceptionally advantageous investment options to our customers," concluded Mr. Djokovich, CEO of XsunX, Inc.

About XsunX:

XsunX specializes in the sale, design, and installation of solar photovoltaic power generation (PV), and energy saving technologies to provide our clients long term savings, predictability, and control of their energy costs. Making solar energy a sound investment for our clients is our mission.

For more information, please visit the Company's website at www.xsunx.com, or to learn more about the benefits of solar energy for your business or home schedule a free PV project assessment.

Safe Harbor Statement: Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein, are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Read more: XsunX Project Channel Sees Future Boost...

SAN FRANCISCO, CA--(Marketwired - November 03, 2017) - Analyst Pardeep Sangha with Haywood Securities explained the investment thesis for this provider of solar power projects to the commercial market.

Included in this article is: UGE International Ltd. (TSX VENTURE: UGE) (OTCQB: UGEIF)

In its Oct. 31 research note, Haywood Securities initiated coverage on UGE International Ltd., with analyst Pardeep Sangha. UGE is "undervalued" and currently trading "below its peer group average," Sangha wrote.

Sangha, who titled the report, "Strong Backlog Powering Rapid Growth," indicated UGE, "one of the leading solar solution providers to mid-scale commercial and industrial clients in Ontario and in the Northeast U.S.," is "at a revenue inflection point and "turning the corner to profitability." The $6.3 million that the company generated in Q2/17, the most recent quarter for which a figure is available, exceeded the amount it generated in all of 2016. Also during that quarter, UGE was EBITDA positive for the first time, an achievement that Sangha said he expects to continue into 2018.

Continue reading this article: Coverage Initiated on Solar Power Firm with 'Strong Backlog Powering Rapid Growth'

About Streetwise Reports - The Energy Report

The Energy Report shares investment ideas for the oil & gas, renewable and alternative energy industries. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

DISCLOSURE:

The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers.

The full disclosure is provided at the end of the published article: Coverage Initiated on Solar Power Firm with 'Strong Backlog Powering Rapid Growth'

Read more: Streetwise Reports Examines One Analyst's...

SAN JOSE, Calif., Nov. 6, 2017 /PRNewswire/ -- SunPower (NASDAQ: SPWR) today announced that Chuck Boynton, SunPower chief financial officer, will speak at Baird 2017 Global Industrial Conference on November 7 at 3:30 p.m. Central Standard Time. The event is being held at the Four Seasons Hotel in Chicago, Illinois and will be webcast live from SunPower's website at http://investors.sunpower.com/events.cfm.

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

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

View original content with multimedia:http://www.prnewswire.com/news-releases/sunpower-corporation-cfo-chuck-boynton-to-speak-at-baird-2017-global-industrial-conference-in-chicago-ill-300549826.html

SOURCE SunPower Corp.

Related Links

http://newsroom.sunpower.com
http://www.sunpower.com

Read more: SunPower Corporation CFO Chuck Boynton to Speak...

ХАНЧЖОУ (HANGZHOU), Китай, 6 ноября 2017 г. /PRNewswire/ -- Модульная аккумуляторная электростанция с предустановленными батареями производства Narada недавно была введена в эксплуатацию на китайском предприятии Four Seas (Suzhou) Food Co., Ltd. Это первая подобная установка в Китае.

Модульная аккумуляторная электростанция с предустановленными батареями расположена на территории завода Four Seas в Сучжоу. Производительность данного проекта составляет 250 КВт/1 МВт-ч, площадь электростанции - 45 м2, а ожидаемый срок службы - 10 лет.

The Modularized and Pre-installed Battery Energy Storage Power Plant
The Modularized and Pre-installed Battery Energy Storage Power Plant
The inside of the power station
The inside of the power station
The management system interface
The management system interface

Narada непрерывно изучает новые варианты конструкций аккумуляторных электростанций, и этот модульный предустанавливаемый блок успешно заполнил пробел, существовавший как на внутреннем, так и на зарубежных рынках. Эта электростанция состоит из готового модуля фундамента и стандартного контейнера. Быстрое возведение, контролируемое качество конструкции, экономия пространства и средств, высокая надёжность, расширяемость, меньший объём сервисных работ, экологичность - вот лишь некоторые из многочисленных преимуществ данной электростанции.

На заводе уже выполнены все необходимые пуско-наладочные работы. Станция может быть введена в эксплуатацию незамедлительно после подключения к сети.

Стандартный 20-футовый контейнер и готовый модуль фундамента были впервые использованы для создания модульной электростанции с предустановленными аккумуляторами. После завершения проектной разработки электростанции завод начал работы по одновременной установке готового фундамента и возведению стандартного контейнера. Весь период строительства - от установки блока фундамента до размещения контейнера, - занял не больше недели.

Модульная аккумуляторная электростанция сокращает нагрузку на основную электросеть путём разрядки в пиковые периоды и повышения коэффициента использования питания в непиковые периоды посредством подзарядки системы.

Электростанция способна повышать качество электроснабжения и может использоваться в качестве надёжного резервного источника питания в экстренных случаях.

Ввод модульной аккумуляторной электростанции в эксплуатацию наглядно демонстрирует передовой уровень технологий и быстрое развитие Narada на рынке средств аккумулирования энергии.

Narada специализируется на разработке высококлассных промышленных батарей и располагает более чем 20 летним опытом работы в данной сфере. Это одна из крупнейших компаний китайской отрасли аккумуляторов энергии, чьи акции котируются на фондовой бирже.

Тел.: +86-571-5662-3712 
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. 
Веб-сайт: www.naradapower.com

Фото - https://mma.prnewswire.com/media/594786/Narada_Power.jpg
Фото - https://mma.prnewswire.com/media/594785/Narada_Power2.jpg
Фото - https://mma.prnewswire.com/media/594784/Narada_Power3.jpg

SOURCE Narada Power Source Co.,Ltd

Related Links

http://www.naradapower.com

Read more: В Китае введена в эксплуатацию первая модульная...

WALTHAM, Mass.--(BUSINESS WIRE)--National Grid, a leader in developing innovative energy solutions to meet customer and community needs, will install a 48 megawatt-hour battery energy storage system, or BESS, on the island of Nantucket, 30 miles off the Massachusetts coast, to help address some unique energy challenges.

Nantucket has been experiencing significant growth and demand for electricity, both of which are expected to continue for the foreseeable future. The island’s electricity is supplied via two submarine cables that connect with the mainland transmission system on Cape Cod. In the event of a failure on one of the cables, two six-megawatt diesel generators are available to provide partial back-up power. The diesel generators are reaching the end of their useful life and need to be replaced. Additionally, given the growth forecast, the island’s emergency electricity back-up system needs to be expanded, and a third submarine cable likely will be needed in about 12 years.

National Grid explored several options to address these infrastructure needs and the ever-increasing on-island demand for electricity, and came up with a unique solution: the BESS and a new diesel generator that together can supply the island in the event of a cable failure. National Grid expects that with the BESS, the need for a third cable can be delayed for 15 to 20 years beyond the current 12-year forecast. The BESS will be six megawatts with an eight-hour duration, which is also described as a 48 megawatt-hour system, and is being provided by Tesla.

“The BESS provides a very efficient and effective solution to two major energy challenges facing the island,” said Rudy Wynter, president and COO of National Grid’s FERC-regulated Businesses. “Our customers, communities, and policymakers look to us to deliver innovative solutions like this to help advance our clean energy future.”

“The Town of Nantucket commends National Grid’s decision to deploy an innovative energy storage solution on the island,” said Town of Nantucket Energy Coordinator Lauren Sinatra. “We are confident that the proposed project, combined with targeted energy-saving programs and other planned electric infrastructure upgrades, will play a transformational role in meeting Nantucket’s near- and long-term energy needs.”

The BESS is the latest of several National Grid battery systems that are up and running or being planned. The company also has roughly 30 energy innovation pilots underway across the three states it serves, including microgrids, smart grids, community solar projects, geothermal heating and cooling, and distributed energy installations that unlock value for National Grid’s customers and communities, accelerating progress toward a sustainable future.

About National Grid
National Grid (LSE: NG; NYSE: NGG) is an electricity, natural gas, and clean energy delivery company that supplies the energy for more than 20 million people through its networks in New York, Massachusetts, and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain.

National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Read more about the innovative projects happening across our footprint in The Democratization of Energy, an eBook written by National Grid’s US president, Dean Seavers.

For more information please visit our website. You can also follow us on Twitter, watch us on YouTube, friend us on Facebook, find our photos on Instagram.

Read more: National Grid Develops Innovative Solution for...

BONN, Allemagne, November 6, 2017 /PRNewswire/ --

SolarWorld accueille la COP23 dans la ville solaire de Bonn

Under the slogan SUNITED NATIONS, SolarWorld is presenting the importance of solar power in the global energy supply on postcards distributed around the city of Bonn. (PRNewsfoto/SolarWorld Industries)
Under the slogan SUNITED NATIONS, SolarWorld is presenting the importance of solar power in the global energy supply on postcards distributed around the city of Bonn. (PRNewsfoto/SolarWorld Industries)

La Conférence des Nations unies sur les changements climatiques qui s'ouvrira lundi à Bonn accueillera les délégués dans le Centre de conférence international alimenté en électricité par son système d'énergie solaire. Et avant même d'entrer dans le bâtiment, les participants pourront traverser le plus long pont solaire d'Allemagne. Le Kennedybrücke (pont Kennedy) à Bonn est devenu le « pont vers une nouvelle ère énergétique » grâce à l'installation de 392 modules d'alimentation solaire au-dessus du Rhin. Les modules de ces deux systèmes ont été produits par SolarWorld, fabricant de panneaux solaires situé à Bonn.

     (Photo: http://mma.prnewswire.com/media/597356/SolarWorld_Industries_SUNITED_NATIONS.jpg )

Frank Asbeck, docteur en ingénierie h. c. et directeur général de SolarWorld Industries GmbH, a déclaré : « À Bonn, nous développons des produits photovoltaïques durables à destination du monde entier.   Aujourd'hui, l'énergie solaire est partout la source d'énergie disponible la moins chère. Des mesures doivent suivre le sommet international de Bonn afin d'élargir l'accès à cette énergie propre. »

SolarWorld soutient des projets de développement dans le monde entier dans le cadre de son programme Solar2World. La société exploite des sites de production à Freiberg (Saxe) et Arnstadt (Thuringe) et encourage l'application de normes sociales, environnementales et de qualité claires dans le monde entier pour la fabrication de systèmes d'énergie solaire.

Avec pour slogan SUNITED NATIONS, SolarWorld met en avant l'importance de l'énergie solaire dans l'approvisionnement mondial en énergie à travers des tracts distribués dans toute ville de Bonn.

Des images aériennes et des séquences vidéo des systèmes installés au Centre de conférence international, au Kennedybrücke et au siège social de SolarWorld à Bonn sont disponibles à l'adresse : http://www.solarworld.de/press/cop23/

Contact
SolarWorld Industries GmbH
Martin-Luther-King-Str. 24
53175 Bonn
Tél. : +49(0)3731/301-4624
This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.solarworld.de

SOURCE SolarWorld Industries Gmb

Read more: SUNITED Nations – De l'énergie solaire pour...

The wind farm will be located in Rhas Gharib on the Gulf of SUEZ, an optimal site with more than 60% of gross capacity factor. The energy will be sold under a 20-year Power Purchase Agreement (PPA) to the Egyptian Electricity Transmission Company (EETC).

Total investment cost of the Gulf of SUEZ project amounts to approximately USD 400 million. Financing will be provided by the Japanese Bank for International Corporation (JBIC) in coordination with commercial lenders SMBC and Sociéte Générale. In addition, the Japanese Export Credit Agency, NEXI is  providing an insurance cover for the commercial lenders. Construction is expected to start end of 2017 and will take approximately 24 months to complete.

Gulf of SUEZ is the first wind farm tendered on a BOO scheme and is part of the Egyptian government’s drive to increase the share of renewables in the energy mix with a target wind generation capacity of 7 GW by 2022. The plan envisions significant private sector involvement, with the private sector taking the lead on more than 60% percent of the plan.

Bruno Bensasson, CEO of ENGIE Africa commented : “Egypt is a country which expects a strong power demand growth in the next years to accompagny its economic and social development. With this large wind project, ENGIE becomes an important player in Egypt’s ongoing renewable energy transition.  Gulf of SUEZ is definitely proof that good regulation can bring foreign investment at a competitive price to the benefit of African countries. For our Group it is an opportunity to scale up our presence in a strategic country with a long-term contracted asset guaranteed by the government.

In Egypt, ENGIE remains committed to develop additional generation capacity and is looking to extend its energy services activities and its offer for sustainable cities, taking the opportunity of the Government’s “New Cairo” and “New urban planning of Suez canal area” programs.


About ENGIE AFRICA

ENGIE has been present in Africa for 50 years, where it rolls out its electricity generation, natural gas and energy services activities for territo-ries, companies and households. ENGIE has centralized electricity capacities of approximately 3,000 MW in Africa, either operational or under construction. ENGIE is also developing decentralized electricity production for isolated businesses and rural villages.
For more information visit www.engie-africa.com

About ENGIE

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

Read more: ENGIE wins renewable energy project in Egypt and...

BONN, Allemagne, November 6, 2017 /PRNewswire/ --

SolarWorld accueille la COP23 dans la ville solaire de Bonn

Under the slogan SUNITED NATIONS, SolarWorld is presenting the importance of solar power in the global energy supply on postcards distributed around the city of Bonn. (PRNewsfoto/SolarWorld Industries)
Under the slogan SUNITED NATIONS, SolarWorld is presenting the importance of solar power in the global energy supply on postcards distributed around the city of Bonn. (PRNewsfoto/SolarWorld Industries)

La Conférence des Nations unies sur les changements climatiques qui s'ouvrira lundi à Bonn accueillera les délégués dans le Centre de conférence international alimenté en électricité par son système d'énergie solaire. Et avant même d'entrer dans le bâtiment, les participants pourront traverser le plus long pont solaire d'Allemagne. Le Kennedybrücke (pont Kennedy) à Bonn est devenu le « pont vers une nouvelle ère énergétique » grâce à l'installation de 392 modules d'alimentation solaire au-dessus du Rhin. Les modules de ces deux systèmes ont été produits par SolarWorld, fabricant de panneaux solaires situé à Bonn.

     (Photo: http://mma.prnewswire.com/media/597356/SolarWorld_Industries_SUNITED_NATIONS.jpg )

Frank Asbeck, docteur en ingénierie h. c. et directeur général de SolarWorld Industries GmbH, a déclaré : « À Bonn, nous développons des produits photovoltaïques durables à destination du monde entier.   Aujourd'hui, l'énergie solaire est partout la source d'énergie disponible la moins chère. Des mesures doivent suivre le sommet international de Bonn afin d'élargir l'accès à cette énergie propre. »

SolarWorld soutient des projets de développement dans le monde entier dans le cadre de son programme Solar2World. La société exploite des sites de production à Freiberg (Saxe) et Arnstadt (Thuringe) et encourage l'application de normes sociales, environnementales et de qualité claires dans le monde entier pour la fabrication de systèmes d'énergie solaire.

Avec pour slogan SUNITED NATIONS, SolarWorld met en avant l'importance de l'énergie solaire dans l'approvisionnement mondial en énergie à travers des tracts distribués dans toute ville de Bonn.

Des images aériennes et des séquences vidéo des systèmes installés au Centre de conférence international, au Kennedybrücke et au siège social de SolarWorld à Bonn sont disponibles à l'adresse : http://www.solarworld.de/press/cop23/

Contact
SolarWorld Industries GmbH
Martin-Luther-King-Str. 24
53175 Bonn
Tél. : +49(0)3731/301-4624
This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.solarworld.de

SOURCE SolarWorld Industries Gmb

Read more: SUNITED Nations – De l'énergie solaire pour...

ХАНЧЖОУ (HANGZHOU), Китай, 6 ноября 2017 г. /PRNewswire/ -- Модульная аккумуляторная электростанция с предустановленными батареями производства Narada недавно была введена в эксплуатацию на китайском предприятии Four Seas (Suzhou) Food Co., Ltd. Это первая подобная установка в Китае.

Модульная аккумуляторная электростанция с предустановленными батареями расположена на территории завода Four Seas в Сучжоу. Производительность данного проекта составляет 250 КВт/1 МВт-ч, площадь электростанции - 45 м2, а ожидаемый срок службы - 10 лет.

The Modularized and Pre-installed Battery Energy Storage Power Plant
The Modularized and Pre-installed Battery Energy Storage Power Plant
The inside of the power station
The inside of the power station
The management system interface
The management system interface

Narada непрерывно изучает новые варианты конструкций аккумуляторных электростанций, и этот модульный предустанавливаемый блок успешно заполнил пробел, существовавший как на внутреннем, так и на зарубежных рынках. Эта электростанция состоит из готового модуля фундамента и стандартного контейнера. Быстрое возведение, контролируемое качество конструкции, экономия пространства и средств, высокая надёжность, расширяемость, меньший объём сервисных работ, экологичность - вот лишь некоторые из многочисленных преимуществ данной электростанции.

На заводе уже выполнены все необходимые пуско-наладочные работы. Станция может быть введена в эксплуатацию незамедлительно после подключения к сети.

Стандартный 20-футовый контейнер и готовый модуль фундамента были впервые использованы для создания модульной электростанции с предустановленными аккумуляторами. После завершения проектной разработки электростанции завод начал работы по одновременной установке готового фундамента и возведению стандартного контейнера. Весь период строительства - от установки блока фундамента до размещения контейнера, - занял не больше недели.

Модульная аккумуляторная электростанция сокращает нагрузку на основную электросеть путём разрядки в пиковые периоды и повышения коэффициента использования питания в непиковые периоды посредством подзарядки системы.

Электростанция способна повышать качество электроснабжения и может использоваться в качестве надёжного резервного источника питания в экстренных случаях.

Ввод модульной аккумуляторной электростанции в эксплуатацию наглядно демонстрирует передовой уровень технологий и быстрое развитие Narada на рынке средств аккумулирования энергии.

Narada специализируется на разработке высококлассных промышленных батарей и располагает более чем 20 летним опытом работы в данной сфере. Это одна из крупнейших компаний китайской отрасли аккумуляторов энергии, чьи акции котируются на фондовой бирже.

Тел.: +86-571-5662-3712 
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. 
Веб-сайт: www.naradapower.com

Фото - https://mma.prnewswire.com/media/594786/Narada_Power.jpg
Фото - https://mma.prnewswire.com/media/594785/Narada_Power2.jpg
Фото - https://mma.prnewswire.com/media/594784/Narada_Power3.jpg

SOURCE Narada Power Source Co.,Ltd

Related Links

http://www.naradapower.com

Read more: В Китае введена в эксплуатацию первая модульная...

ENGIE is announcing today the signing of an agreement with Energy Capital Partners (ECP) for the sale of its 75% shareholding in three generation assets in the United Kingdom.

This sale concerns the gas-fired power plants of Saltend and Deeside as well as the Indian Queens oil-fired peaking plant, with a total gross capacity of 1,841 MW1. These units were 75% owned by ENGIE and 25% by Japan's Mitsui & Co. Both partners agreed to sell their stake in the three power plants to Energy Capital Partners, a private equity firm focused on investing in energy infrastructure.

The transaction is part of ENGIE’s 2016-2018 transformation plan and is in line with the Group’s ambition to reduce its exposure to merchant activities. The sale represents a total enterprise value of £205 million (around €232 million).

The transfer of the three assets to ECP will be effective as of today. As a result of this transaction, 57 employees will join the purchasing company, and ENGIE has supported these employees through the sale process.

ENGIE’s UK business has been repositioning its activities in line with the wider Group strategy by investing in low carbon and flexible power generation (including a £50 million refurbishment at Ffestiniog pumped storage power station, part of its 2 GW First Hydro subsidiary in North Wales, and the purchase of a 23.3% stake in the 950 MW Moray East offshore wind farm project in Scotland). ENGIE is one of the largest suppliers of gas and electricity to UK business and launched a domestic energy supply business in May 2017, the largest company to enter the UK domestic supply market in 15 years.

The company is also a major service provider in the UK, offering facilities management solutions for customers across the public and private sectors. The £330 million acquisition of Keepmoat Regeneration, the UK’s leading provider of regeneration services, in March 2017 has further enhanced ENGIE’s capabilities in energy efficiency and enables the company to offer a complementary range of services to local governments, cities and businesses.

With 17,000 employees in the UK, ENGIE is pursuing a strategy which harnesses its broad capabilities to combine energy, services and regeneration for all its customers.

(1)Notes
Saltend is a 1,197 MW CCGT power station in Hull, East Riding of Yorkshire; Deeside is a 515 MW gas fired power station in Flintshire, North Wales; Indian Queens is a 129 MW fuel oil power station near Newquay, Cornwall.

About ENGIE

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

Read more: ENGIE sells its UK thermal generation assets to...

SAN JOSE, Calif., Nov. 6, 2017 /PRNewswire/ -- SunPower (NASDAQ: SPWR) today announced that Chuck Boynton, SunPower chief financial officer, will speak at Baird 2017 Global Industrial Conference on November 7 at 3:30 p.m. Central Standard Time. The event is being held at the Four Seasons Hotel in Chicago, Illinois and will be webcast live from SunPower's website at http://investors.sunpower.com/events.cfm.

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

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

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SOURCE SunPower Corp.

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Read more: SunPower Corporation CFO Chuck Boynton to Speak...

ASHEVILLE, N.C., Nov. 5, 2017 /PRNewswire/ -- Innovative Solar Systems, LLC is proud to be offering its latest portfolio of Mega Solar Farms for Sale in Texas. This premier, high quality, high return 680MW portfolio is comprised of nine (9) Solar Farm projects that range in size from 50MWac to 180MWac. ISS markets and sell two large portfolios of projects monthly and like all projects the company develops and sells these current projects will go fast so time is of the essence for all qualified buyers wishing to secure this portfolio of large scale Solar Farm projects in TX. Innovative Solar Systems, LLC is currently the largest developer of Utility Scale Solar Farms and has the most extensive track record in the Solar Industry. Large capital groups are the primary clients for these deals due to the size of capital investments required, but due to the long term, low risk solid returns, Solar Farms have quickly become the gold standard in the investment community.

680MW's of High Return Texas MEGA Solar Farm Projects for Sale - Contact ISS's CFO (Mr Craig Sherman) at +1 828 767 1015 for details.
680MW's of High Return Texas MEGA Solar Farm Projects for Sale - Contact ISS's CFO (Mr Craig Sherman) at +1 828 767 1015 for details.

These 680MW's of Texas Solar Farms are some of the most valuable and attractive Renewable Energy assets being offered in the industry today. Innovative Solar Systems, LLC gets its buyers much larger returns than normal on Solar Farms for a variety of reasons such as; 1) better sites with lower build costs, 2) 20-30% lower EPC costs on these MEGA projects, 3) higher PPA rates and better terms through a variety of contract negotiations tactics in TX, 4) better overall project design which again yields additional build cost savings, 5) project expansion capability for battery storage utilizing quick and easy bolt on options at any point after COD, 6) lower O&M contracts over the life of projects. The Texas grid offers investors the best, largest and most versatile Solar Farm options in the US for many reasons and every time ISS introduces a new TX carve out for sale the projects go fast.

Innovative Solar is also one of the few if not the only reputable US Developer of MEGA Size Utility Scale Solar Farms that can Offer Buyers a Revolving pipeline of over 12GW's of projects per year. ISS has relationships with some of the largest Private and Public Funds in the World as well as Fortune 500 companies galore. Buyers that do some research on US Solar Farm Development companies always choose ISS in the end as no other company in the space can match our talent or capabilities for providing turnkey solutions on large scale Solar Farm projects throughout the United States.

Contact Innovative Solar Systems, LLC for Prices and Terms on this 680MW Portfolio of Projects in Texas,

Contact - CFO (Mr. Craig Sherman) at +1 828 767 1015 
Contact - CEO (John E Green) at +1 828 215 9064 
Email – This email address is being protected from spambots. You need JavaScript enabled to view it. 
Email – This email address is being protected from spambots. You need JavaScript enabled to view it.

*THIS CONTENT IS NOT INTENDED TO BE CONSTRUED AS AN OFFER FOR SALE OF AN INVESTMENT OR SECURITIES, NOR IS ANY LEGAL OR TAX ADVICE BEING OFFERED. *

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SOURCE Innovative Solar Systems

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Read more: 680MW of Texas Mega Solar Farms Offered for Sale...

ENGIE announces that it has renewed the regasification and storage services contract with Chinese energy group CNOOC for the coming winter season. This will be provided by the FSRU GDF SUEZ Cape Ann in the port of Tianjin.

The FSRU arrived in Tianjin fully loaded with LNG and started operations on 28 October. She will remain in the Chinese port until Spring 2018.

Cape Ann has previously provided similar services to CNOOC, from November 2013 to January 2017, as a contribution to both LNG and natural gas supply needs, mainly during winter period associated with peak demand.

In addition to the usual FSRU activities, Cape Ann will also transfer LNG into smaller on-shore tanks which are used by CNOOC for LNG trucking activity. 

Philip Olivier, Head of ENGIE Global LNG, commented: “We are especially pleased to continue this relationship with CNOOC, a long standing partner of ENGIE in the field of LNG. This new contract illustrates ENGIE’s fast track capabilities to provide safe, reliable and flexible LNG importing solutions to meet the needs of our customers.”

ENGIE is committed to long term development of sustainable energy solutions in China. Leveraging on the Group’s know-how and solutions, ENGIE in China aims at becoming a benchmark player in China’s energy transition, developing decarbonated, decentralized and digitalized solutions. This ambition covers the areas of gas – including green gas -, renewable energy, green mobility and district cooling & heating networks, notably through long-term partnership with local companies.

About ENGIE

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

Read more: ENGIE’s Cape Ann to provide FSRU services to...

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