DUBLIN--(BUSINESS WIRE)--The "Assessment of the Global Solar Power Market 2017" report has been added to Research and Markets' offering.

Solar energy is generated by technologies which harnesses the sun's energy to create renewable sources of power. It is a free source of energy which is sustainable, unlike fossil fuels which are limited. Solar energy does not emit any carbon gases which makes it cleaner and healthier for the environment.

Worldwide revenue from solar PV installation is expected to reach approximately USD 150 billion by 2024. Revenue during the period 2014 to 2016, grew at a CAGR of 8.7%. During this period installation were highest in Asia Pacific, followed by Europe, North America, Middle East and Africa. China solely has 44% of the global solar photovoltaic (PV) capacity.

In 2017, the United States, China, Japan and India are expected to generate 73% of the global PV demand. These countries are expected to dominate the solar power market in the coming decade. India is expected to reach 18.7 gigawatts capacity by 2017 surpassing Japan. For 2017, experts have identified India as being the most favoured market for growth of solar power. India is anticipated to be the third largest player in global solar market replacing Japan.

Our analysts feel that the outlook for the global solar power sector is strong. With countries uniting globally to increase capacity and installations, the sector is well placed for rapid growth. As per experts, solar power can cater to 20% of the total worldwide energy requirement by 2027. By 2021 solar power is anticipated to be cheaper than coal in China, India, Mexico, the United Kingdom and Brazil.

Key Topics Covered:

1. Analyst Opinion

2. Global Solar Power Market

2.1 Overview

2.2 Market Statistics & Performance

2.3 Market Drivers

2.4 Market Challenges

3. Key Geographies

3.1 United States Solar Power Market

3.2 China's Solar Power Market

3.3 India's Solar Power Market

3.4 Japan's Solar Power Market

4. Outlook

5. Industry Speak

6. List of Charts and Graphs

7. Research Methodology

8. About the Publisher

For more information about this report visit https://www.researchandmarkets.com/research/w53qpl/assessment_of_the

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LAS VEGAS, Sept. 14, 2017 /PRNewswire/ -- GCL System Integration Technology Co. Ltd (GCL-SI), a subsidiary of the world's leading energy group, GCL, exhibited their collection of solar products that adopts its latest black silicon and PERC technologies at Solar Power International (SPI) 2017 in Las Vegas, which is the premier annual solar power industry event in North America.

GCL-SI attended Solar Power International Exhibition
GCL-SI attended Solar Power International Exhibition

GCL-SI has been developing solar modules that utilize new technologies, specifically black silicon, PERC and diamond wiring. At SPI, the company showcased its latest products, including the Black Silicon 5 Busbar (5BB), Multi-Busbar (MBB) and Double-glass modules. The solar modules with these new technologies are all in a 72-cell format in each configuration.

"Attending SPI gives us more opportunities to introduce ourselves to local companies and make them aware of GCL's products and technologies. We want them to become familiar with GCL strengths, namely integrated solar energy solutions for home rooftop projects as well as utility power plants," commented Mr. Dong Shuguang, Executive President of GCL-SI.

Mr. Dong described GCL-SI's unique business approach during an interview with PV Magazine at SPI. He explains, "To differentiate from other solar energy companies, GCL-SI is able to provide high performance modules at a competitive price to the U.S. market due to the great advantage from integrated industrial chain of the GCL group. GCL-SI also offers design, product, service, finance, and operations as a whole." He further described that after their opening of a factory in Vietnam, the company is now able to provide 600 MW high-efficiency PERC modules to meet the requirements of the American market.

GCL-SI's black silicon and PERC solar modules are based on multi-crystalline silicon. Dong adds that GCL-SI will maintain its focus on developing modules using multi-crystalline silicon, while continually researching more innovative ways to integrate black silicon, PERC and diamond wiring. The results will lead to lower costs and increase the efficiency of solar modules. If people are able to harness the full potential of the multi-crystalline material, that would ultimately contribute to broader adoption of solar energy by lowering the LCOE.

In addition to SPI, GCL-SI also attended Green Expo Mexico from September 5th - 7th where they introduced two of its PERC solar cells. This demonstrates the company's commitment to exploring American markets and to delivering green energy to residents all over the globe.

About GCL-SI

GCL System Integration Technology Co., Ltd. (002506 Shenzhen Stock Exchange) (GCL-SI), is part of the GOLDEN CONCORD Group (GCL). GCL-SI delivers one-stop, cutting-edge, integrated energy systems and is committed to becoming the world's leading solar energy company.

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SOURCE GCL System

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FREMONT, Calif.--(BUSINESS WIRE)--Solaria Corporation, global provider of solar module technologies, congratulates Cornell Tech on opening its new campus in New York City, the first ever campus built for the digital age. Cornell Tech brings together faculty, business leaders, tech entrepreneurs and students in a catalytic environment to produce visionary results grounded in significant needs that will reinvent the way we live in the digital age. The campus features innovative architectural designs that leveraged a number of green building strategies to maximize energy efficiency with a net zero energy (NZE) aspiration for the first academic building, The Emma and Georgina Bloomberg Center.

Solaria is proud to have provided 2,300 PowerXT® and customized PowerViewTM modules for two buildings on the Cornell Tech campus -- The Bloomberg Center and The Bridge -- which, combined, utilize 47,000 ft2 of Solaria PV panels, the equivalent of a 900 kW system. Solaria’s architectural solar installation was a valuable contribution to the strategy to generate on-site power for The Bloomberg Center. Solaria was selected for its ability to deliver the unique combination of attractive aesthetics, high degree of customization, competitive cost performance and high power generation in the quest for NZE.

“When designing the Bloomberg Center, we knew we needed to leverage the most innovative, yet proven, technologies available to help us achieve our building performance goals,” said Ung-Joo Scott Lee, Principal Architect, Morphosis Architects. “Through our team’s collaborative design and research, we developed multiple site specific strategies, including solar. Solaria offered important customizable options, an affordable solution and a great looking product – addressing key criteria in the design of modern green buildings and overcoming the challenges of traditional construction practices.”

“Solaria is honored to have been a part of such an inspirational project. The Bloomberg Center model represents a commitment to innovation and sustainability, the same philosophy that drives Solaria’s mission to achieve mainstream adoption for architectural solar,” said Udi Paret, GM Building Solutions, Solaria Corporation. “By pushing the boundaries of energy efficiency and raising the bar for building in New York, Cornell Tech is working towards creating a Net Zero building with the right partners, products and big thinkers. It is clear that architectural solar is a critical part of a new sustainable standard in the built environment.”

Solaria’s rooftop solar solutions provide high-performance solar panels that produce up to 20% more energy than conventional modules. These high-density solar panels are optimized for rooftop applications and leverage a highly refined manufacturing process which results in a significantly higher energy yield than typical PV modules. It not only delivers high power but also improved shading tolerance, premium appearance and durability. Solaria’s architectural glass solutions deliver the unique combination of high performance and high power density. This enables the optimization of thermal performance, effective daylighting, glare control and power generation. Solaria’s solar windows are easily customizable and offer design flexibility to adjust for a wide variety of sizes, glass type dimensions, coatings, Vt, and voltage.

About Solaria Corporation

Solaria Corporation is a solar technology company that is paving the way for distributed, clean power generation through optimized solutions for a range of applications. Leveraging its proven core technology, field performance and sophisticated automation, Solaria delivers solutions that address a unique set of requirements for the rooftop and architectural solar markets. Solaria’s cell technologies enable leading glass fabricators to adopt solar technologies into their product offering. In turn, providing builders, developers and architects aesthetically pleasing, easily integrated, highly customizable residential and commercial solar products that can help enable net zero energy buildings. Solaria headquarters are in California. For more information, please visit www.solaria.com.

Read more: Cornell Tech’s First Academic Building, Powered...

LAS VEGAS--(BUSINESS WIRE)--SOLAR POWER INTERNATIONAL—Life just got easier for solar panel contractors trying to increase sales by helping homeowners finance their rooftop projects—in whichever way works best for them. EnerBank USA today introduced its 12- and 20-Year PowerLoan® with an optional re-amortization feature for Solar PV projects. Annual percentage rates (APRs) for 12-Year PowerLoan is 1.99%, 2.99%, and 3.99%; 20-Year PowerLoan APRs are 4.99% and 5.99%. Minimum and maximum loan amounts are $15,000 and $65,000, respectively, on approved credit. These new loans are specifically for homeowners who want to use their solar tax credit to pay off a portion of the principal amount—in a lump sum within the first 18 months of their loan—to lower their monthly payments while retaining the loan’s original interest rate and terms.

“We want to make it easier for contractors to sell solar PV panels,” said Charlie Knadler, president and CEO of EnerBank. “These loans give homeowners even more flexibility in how they can finance their solar projects by providing monthly loan payments that are comparable to their monthly electric utility bills.”

To re-amortize their PowerLoan, homeowners simply request a re-amortization of their loan online at enerbank.com after making a minimum lump sum payment equal to at least 15% of the original loan amount. There is a modest $150 fee to be paid by borrowers to re-amortize their loan.

“Keeping consumers’ monthly payments low and giving them the flexibility to use their tax incentives how they choose will help the solar industry continue to increase sales to consumers,” Knadler said. “A flex loan option, paying contractors up to 50% of the project’s loan upfront, is also available to help improve a contractor’s cash flow. That’s why we’re excited to be providing this new loan option to solar contractors.”

During the current slight slowdown in rooftop solar PV sales in the United States, according to industry reports, solar contractors who offer a choice of payment options are more likely to close more sales in a competitive market. In addition to the new PowerLoan, EnerBank offers a variety of other solar loans such as Same-As-Cash and low interest loans with fixed monthly payments. The bank’s innovative Combo Loan continues to be a very popular option.

About EnerBank USA—America’s home improvement lender of choice

EnerBank is a highly specialized Member FDIC bank headquartered in Salt Lake City. For over 15 years, EnerBank USA has helped home improvement contractors grow their businesses and enabled homeowners to achieve their remodeling dreams. Through mobile, online and phone application choices, homeowners get a credit decision in minutes, making for higher close rates, and bigger jobs for contractors. Homeowners enjoy Same-As-Cash loans and low interest, low monthly payment loans, while contractors improve their bottom line. EnerBank USA is a fair housing lender and makes loans without regard to race, color, religion, national origin, sex, handicap, or familial status. Visit enerbank.com for more information.

Read more: EnerBank USA Introduces PowerLoan® for the Solar...

FISHERS, Ind.--(BUSINESS WIRE)--IKEA, the world’s leading home furnishings retailer, today announced that Indiana’s largest retail solar rooftop now is complete at its future Indianapolis-area store opening October 11, 2017 in Fishers, IN. The Fishers store’s 219,000-square-foot solar array consists of a 1.34 MW system, built with 3,888 panels that will produce approximately 1,752,845 kWh of electricity annually for the store, the equivalent of reducing 1,358 tons of carbon dioxide (CO2) – equal to the emissions of 260 cars or providing electricity for 182 homes yearly (calculating clean energy equivalents at www.epa.gov/energy/greenhouse-gas-equivalencies-calculator).

For the development, design and installation of the new store’s solar power system, IKEA selected REC Solar, a national leader in solar electric design and installation with more than 580 systems built across the U.S. Pepper Construction is building the store that reflects the same unique architectural design for which IKEA stores are known worldwide.

“Completing the solar installation is another exciting and sustainable step in the progress towards opening the future IKEA Fishers,” said Holly Davidson, store manager. “IKEA strives to create a sustainable life for communities where we operate, and IKEA Fishers is adding to this goal with Indiana’s largest retail solar rooftop.”

This array represents the 48th solar project for IKEA in the U.S., contributing to the IKEA solar presence atop more than 90% of its U.S. locations, with a total generation goal of more than 44 MW. IKEA owns and operates each of its solar PV energy systems atop its buildings – as opposed to a solar lease or PPA (power purchase agreement) – and globally allocated $2.5 billion to invest in renewable energy through 2020, reinforcing its confidence and investment in solar photovoltaic technology. Consistent with the goal of being energy independent by 2020, IKEA has installed more than 700,000 solar panels on buildings across the world and owns approximately 300 wind turbines, including 104 in the U.S.

IKEA, drawing from its Swedish heritage and respect of nature, believes it can do good business while minimizing impacts on the environment. Globally, IKEA evaluates locations regularly for conservation opportunities, integrates innovative materials into product design, works to maintain sustainable resources, and flat-packs goods for efficient distribution. Specific U.S. sustainable efforts include: recycling waste material; incorporating environmental measures into the actual buildings with energy-efficient HVAC and lighting systems, recycled construction materials, skylights in warehouse areas, and water-conserving restrooms; and operationally, eliminating plastic bags from the check-out process, and selling only LED bulbs. IKEA has installed electric vehicle charging stations at 30 stores, with more locations planned, including 3 units at the future Fishers store.

The 289,000-square-foot future IKEA Fishers and its 1,000 parking spaces will be built on 35 acres along the eastern side of Interstate 69, just south of the E. 116th Street exit, approximately 15 miles northeast of downtown Indianapolis. Until the store opens, customers can shop at the Cincinnati-area store in West Chester, OH; Chicago-area IKEA Bolingbrook and IKEA Schaumburg; or online at IKEA-USA.com.

Since its 1943 founding in Sweden, IKEA has offered home furnishings of good design and function at low prices so the majority of people can afford them. There are currently more than 400 IKEA stores in 49 countries, including 44 in the U.S. IKEA has been ranked among “Best Companies to Work For” and, as further investment in its coworkers, has raised its own minimum wage twice in two years. IKEA incorporates sustainability into day-to-day business and supports initiatives that benefit children and the environment. For more information see IKEA-USA.com, @IKEAUSANews, @IKEAUSA or IKEAUSA on Facebook, YouTube, Instagram and Pinterest.

Read more: Solar Installation Complete Atop Indiana’s...

WARWICK, R.I., Sept. 13, 2017 /PRNewswire/ -- eNow, the leader in renewable energy solutions for the transportation industry, announced that it will donate $10 to the Red Cross in support of Hurricane Relief efforts for every Maple Solar System sold through its website.

The Maple Solar System is a portable, solar-powered light source and USB charger perfect for camping, RVing, and boating. eNow is donating $10 for each system sold to hurricane relief efforts. Purchase online at enowenergy.com
The Maple Solar System is a portable, solar-powered light source and USB charger perfect for camping, RVing, and boating. eNow is donating $10 for each system sold to hurricane relief efforts. Purchase online at enowenergy.com

The Maple Solar System is a portable, multifunction device capable of acting as a light source and as a phone charger. It provides a convenient source of mobile power for outdoor activities such as camping, boating, fishing, and hiking. The light source is an energy efficient LED that's as bright as a 15 watt light bulb, and the USB charger will provide 3,200 iPhone charges over the battery lifetime.

The system consists of a small PV solar module, an LED lamp, and a USB charging cable. The panel measures 6.18" x 7.3" and the entire system weighs less than two pounds. The PV module converts sunlight into electricity, which charges the Li-ion battery in the LED lamp base. The USB charging cable connects the battery to your device, and is perfect for charging smart phones. There is a system controller inside the lamp to protect the battery from overcharge and over-discharge, as well as protecting USB output from overload and short circuit.

"The Maple Solar System is perfect for outdoor enthusiasts," says Jeff Flath, President & CEO of eNow. "It's also a great system to have on hand after a storm to keep your cell phone charged if the grid goes down. We're offering the system at a special price to help people be prepared, and by donating the profits from each sale we can assist those already affected by the recent storms."

The Maple Solar System costs $29.95 plus shipping. It's available online at enowenergy.com

About eNow: eNow is an innovative, clean-technology company specializing in renewable energy systems. eNow designs and sells solar-powered idle-reduction systems for medium and heavy-duty vehicle applications. These products are designed to reduce fuel and maintenance costs, save energy, and reduce emissions. The company's goal is to provide industry-specific solar solutions to companies that embrace profit, planet, and people. The company provides sustainable solutions to offset the increased regulatory requirements of its customers while allowing them to realize a significant return on their investment. For more information, visit enowenergy.com

View original content with multimedia:http://www.prnewswire.com/news-releases/support-hurricane-relief-efforts-with-the-purchase-of-a-portable-solar-charger-300518846.html

SOURCE eNow

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LONDON, Sept. 13, 2017 /PRNewswire/ -- The global gearboxes and gear motors market is witnessing steady growth, augmented by the adoption of more energy-efficient gearboxes and gear motors, investment in wind energy, material handling, food and beverages, and replacement demand from developed regions. Successful companies will be those that continuously enhance the power transmission efficiencies of their gear systems, focus on vibrant market segments, and develop and expand direct drive systems.

Frost & Sullivan's research, Global Gearboxes and Gear Motors Market, Forecast to 2021, finds that gearboxes in the power rating segment 500kW to 10MW are expected to be the fastest growing segment due to significant share of this type of gearbox in wind turbines. The study provides a comprehensive understanding of market trends, forecasts, opportunities and challenges across 16 end-user segments and four geographic regions. Four major gear technologies across five gear power ratings are also assessed. A competitive landscape for major players such as Siemens AG, SEW-EURODRIVE, China High Speed Transmission Equipment Group Co. Ltd, Sumitomo Heavy Industries, Chongqing Gearbox Group, Rexnord Corporation, Nabtesco Corporation, and others is provided.

"The renewable energy segment provides opportunities for motors vendors that have significant presence and capability in supplying gearboxes or gear motors of power ratings up to 7.5kW and 7.5kW to 75.0kW for positioning applications," said Frost & Sullivan Mechanical Power Transmission Research Analyst Krishnan Raman. "Typical applications are in yaw and pitch control of wind turbines and in solar tracking for repositioning of solar panels."

To access more information on this analysis, please click here

Regional trends and developments in the global gearbox and gear motors market include:

  • Asia-Pacific region witnessing significant growth with strong demand from applications in discrete manufacturing, such as automobile manufacturing, machine tools, packaging, semiconductor electronics manufacturing, and wind power generation segments;
  • Fast growth in North America due to return of manufacturing to the United States and growing investment in the material handling, oil and gas, and chemical industries;
  • North America end-user preference for worm gearboxes with cast iron casing;
  • Gearbox and gear motors manufacturers supplying bevel and helical gear motors with low backlash in the output power range of less than 7.5kW to gain significant sales opportunities in the Asia-Pacific region;
  • Europe, Middle East, and Africa region to remain the largest market for gearboxes and gear motors;
  • Increase in sales of gearboxes and gear motors in Europe due to large original equipment manufacturers that export significant share of machinery to regions such as Asia, North America, and Latin America;
  • Brazil coming out of a recession in the medium term will bolster Latin America's growth potential; and
  • Mexico experiencing moderate growth.

"Drive system providers such as Siemens AG, SEW-EURODRIVE, Lenze, Nord Drivesystems, Bonfiglioli, and ABB Dodge should focus on developing and expanding expertise in direct drive technology; for example, high-torque permanent magnet motors to compensate for the loss of gear sales that are likely to result from the adoption of this technology," noted Raman.

Global Gearboxes and Gear Motors Market, Forecast to 2021 is part of Frost & Sullivan's Mechanical Power Transmission Growth Partnership Service programme.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion

Global Gearboxes and Gear Motors Market, Forecast to 2021
MCA7-17

Contact:
Evgenia Oleynikova
Corporate Communications- Europe
P + 48 224816210
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http://www.frost.com

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SOURCE Frost & Sullivan

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CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Apex Clean Energy, in partnership with GreenBiz Group, today released a new report highlighting the current drivers and barriers to corporate and industrial procurement of renewable energy. The research, conducted in August, shows that while the continually improving economics of utility-scale wind and solar are helping convert corporate commitments into a decision to buy, companies are determining their own definition of value in the procurement process. The cheapest option is not necessarily the best strategic fit.

“This market is rapidly maturing and expanding, providing corporate and industrial purchasers with an immense number of options in terms of offtake, additionality, and financial participation in renewable energy projects,” said Steve Vavrik, chief commercial officer of Apex Clean Energy.

More than 150 respondents from companies with annual revenues of greater than $250 million participated in the 2017 State of Renewable Energy Procurement survey. In addition, 12 in-depth, one-on-one interviews were conducted with executives from companies helping lead the maturation of the direct renewable energy procurement market.

“Improving prices are bringing more purchasers to the table to achieve their sustainability goals,” continued Vavrik. “But the research proves that the market sees sustainability in terms of decarbonization and industry leadership, not just a renewable version of the business-as-usual commodity deal that maximizes market timing. The next steps are enhanced market education to reflect the fast-evolving options now available, and broader coordination to further expand purchasing opportunities through state and federal procurement policies.”

Among the key findings from the Apex/GreenBiz study were:

  • The primary drivers of corporate renewable energy goals are addressing emissions targets (70 percent of respondents) and demonstrating corporate leadership (65 percent).
  • While 65 percent of respondents cited price as a factor considered when purchasing renewable energy, more than a quarter of respondents also chose value, energy intensity of facilities, length of contract, and credit toward goals. Reputation of the renewable energy developer was also cited by 23 percent.
  • Despite the federal action to withdraw from the Paris climate accord, 84 percent of all respondents plan to actively pursue or consider directly buying clean energy, and 43 percent plan to become more aggressive in the next 24 months.
  • The in-depth interviews of market leaders highlighted a clear trend toward moving beyond purchasing renewable energy credits (RECs) as a strategy due to the lack of additionality. This was driven by skepticism that REC purchases alone were driving new renewable energy capacity and creating real-world greenhouse gas reductions.

The full 2017 State of Renewable Energy Procurement survey is available for free download from www.apexcleanenergy.com/whatcorporateswant, along with a full perspective from Steve Vavrik on the research findings.

About Apex Clean Energy

Apex Clean Energy builds, owns, and operates utility-scale wind and solar power facilities. Apex was the U.S. market leader in 2015 and has brought nearly 1,700 MW online over the past two years.

With a team of over 200 professionals and the nation’s largest wind energy project pipeline, Apex is a leader in the transition to a clean energy future. For more information, visit www.apexcleanenergy.com.

Read more: Corporate Renewable Energy Buyers Driven by More...

AUBURN HILLS, Mich., Sept. 13, 2017 /PRNewswire/ -- Faurecia, one of the world's largest automotive equipment suppliers, announces the signature of a five year agreement with the CEA (French Alternative Energies and Atomic Energy Commission) to collaborate in a research and development program of fuel cell stack technologies.

Faurecia will benefit from more than two decades of CEA research and expertise in fuel cell stacks and key components such as bipolar plates. Combined with Faurecia expertise in fluid dynamics and catalysis, the Group will be able to develop, mass-produce and commercialize a high performance fuel cell stack that will meet auto industry expectations.

Patrick Koller, Chief Executive Officer of Faurecia declares: "Our partnership with the CEA marks an important new step in Faurecia's strategy to develop a reliable offer for fuel cell technologies. We are convinced that this technology, which offers large autonomy and fast refueling times, will coexist with battery electric vehicles. It is, especially for commercial vehicles, an effective alternative. In addition, hydrogen production is an efficient way to store green electricity."

Florence Lambert, Chief Executive Officer of the CEA-Liten adds: "For almost twenty years the CEA has been involved in the development of hydrogen-powered fuel cells in order to meet the challenges of clean mobility. We are particularly pleased to support Faurecia in its ambition to address the fuel cell electric vehicle market; a strong message for the French industry."

In this same field of fuel cell technologies, Faurecia has recently concluded an agreement with STELIA Aerospace Composites and has invested in Ad-Venta for the development of high-pressure hydrogen tanks and compact valves.

About Faurecia
Founded in 1997, Faurecia has grown to become a major player in the global automotive industry. With 330 sites including 30 R&D centers, 100 000 employees in 34 countries, Faurecia is now a global leader in its three areas of business: automotive seating, interior systems and clean mobility. Faurecia has focused its technology strategy on providing solutions for smart life on board and sustainable mobility.  In 2016, the Group posted total sales of €18.7 billion. Faurecia is listed on the NYSE Euronext Paris stock exchange and trades in the U.S. over-the-counter (OTC) market. For more information, visit www.faurecia.com

About CEA
The French Atomic Energy and Alternative Energy Commission (CEA, Commissariat à l'énergie atomique et aux énergies alternatives) is a public research agency involved in four major fields: defence and security, nuclear and renewable energy, technological research for industry and fundamental research.

Relying on acknowledged expert capabilities, the CEA takes part in setting up collaborative projects with a large number of academic and industrial partners. With 16,000 researchers and employees, it is a major player in European research and enjoys a growing presence on the world scene. 

Find out more: www.cea.fr

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LAS VEGAS, Sept. 13, 2017 /PRNewswire/ -- The most professional and the most influential photovoltaic exhibition in Europe and America - 2017 Solar Power International (SPI) was grandly held in Las Vegas, the USA from September 10 to September 13, and more than 20,000 professional audiences from over 110 regions were attracted on site. This time, 12BB (busbar) PV module launched by ET Solar, as an old-brand Tier 1 module manufacturer, received the great attention from the participants.

Adopting the design of 12 grid lines, the Multi-busbar PV module launched by ET Solar this time not only has increased the grid line's ability to collect the electric current but also can reduce the internal damage, increase the photic area of the cell piece, shorten the conduction distance on the current fine grid and promote the output power of the module. Different from the traditional design methods, 12BB design of ET Solar has effectively reduced the grid line's residual stress so as to greatly reduce the probability of any hidden crack arising in the cell. Even if the unforeseen circumstance of reduced cell power caused by the hidden crack or fragment occurs, the small-interval grid line design still enables such product to continue to maintain the good performance of electricity generation.

President of ET Solar Guo Zhenhai said "using the efficient and cost-effective photovoltaic module to reduce the cost per kilowatt hour of the electricity has become the consensus of the photovoltaic industry. Successful launch of the high-quality 12BB PV module will continue to stabilize and promote the competitive advantages of ET Solar in the overseas market. Insisting in the competitive differentiation strategy, and developing products oriented by customers demand, ET Solar will continuously launch more high efficient modules and continue to make profits for the clients and investors."

Currently, ET Solar has formed the clear product and technology roadmap, and it has four product series: high efficient elite series, intelligent module, revenue maximization module and photovoltaic + innovative products. In the future, ET Solar will continuously bring in new technologies such as PERC, Double-faced cell and black silicon to increase the module efficiency continuously, and continuously reduce the module cost by using the big-size wafer techniques. Combined with the advantaged quality control system and product management system of ET Solar, the new technology will bring the continuous revenues to the clients.

Brief Introduction of ET Solar

As an innovator of the green energy industry, ET Solar is dedicated to building a global platform for solar power equipment supply chain. Oriented by different demand from residential and commercial customers, ET Solar provide diversified solar modules, BoS and intelligent energy storage products and solutions. ET Solar is a Tier1 solar module manufacturer, has a global footprint with 20 established subsidiaries around the world, enabling delivery of year-round 24/7 services to clients in over 90 countries. With constant innovation, ET Solar continues to bring green energy to the lives of our customers.

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SOURCE ET Solar Technology (Nanjing) Co. Ltd

Read more: The Newest 12BB Module of ET Solar Received...

 

• Thanks to the agreement with EGP, Anheuser-Busch will purchase as much renewable electricity as is used to brew more than 20 billion 12 oz. servings[1] of beer each year.
• The renewable energy produced by Thunder Ranch under the PPA is equivalent to powering up to 50% of Anheuser-Busch’s total purchased electricity in one year from less than 2% - significantly reducing the overall emissions from its operations.
• The wind energy partnership with EGP is the beer company’s first contracted utility scale project to start operations in the world, leading Anheuser-Busch’s parent company AB InBev’s global commitment to achieve 100% of purchased electricity from renewables by 2025.
• Through the agreement, EGP attains revenue certainty to support its renewable energy capacity growth in the U.S.

Anheuser-Busch and Enel Green Power (“EGP”), the Enel Group’s renewables division, announced today that they have signed a power purchase agreement (“PPA”), whereby Anheuser-Busch will purchase the energy delivered to the grid and renewable electricity credits from a portion of EGP’s Thunder Ranch wind project, in the amount of 152.5 MW. The wind energy partnership between EGP and Anheuser-Busch will be the beer company’s first contracted utility-scale project to start operations in the world once the Thunder Ranch wind farm becomes operational, which is expected by the end of 2017. As the leading commitment to renewable power from a beer company to date, this partnership marks a vital step in delivering on the global commitment by Anheuser-Busch’s parent company to secure 100% of purchased electricity from renewable sources by 2025.

“As we strive to bring people together to build a better world, we at Anheuser-Busch are dedicated to reducing our carbon emissions,” said João Castro Neves, president and CEO of Anheuser-Busch. “Helping to grow the renewable energy market is not only good for the environment, it is a strategic business move as we strive for long-term sustainability. Now more than ever, we are excited to lead our company’s global effort toward a renewable future and, partnering with Enel, set an industry example of how major companies can help to make a difference in climate change.”

“We are thrilled to partner with Anheuser-Busch, a company which, like the Enel Group, is taking great strides to help tackle some of the world’s greatest challenges,” said Antonio Cammisecra, CEO of Enel Green Power. “Power Purchase Agreements are an attractive model that provide not only an avenue for growth, but also revenue certainty through stable pricing. This agreement is another important milestone for our company in the U.S. and globally, once again underscoring Enel Green Power’s position as the partner of choice for corporate customers, as we help them achieve their sustainability targets by providing customized renewable energy solutions, leveraging our industry-leading cost model and technology expertise.”

Through a Virtual Power Purchase Agreement (“VPPA”), 2 EGP will sell to Anheuser-Busch the electricity output delivered to the grid by a 152.5 MW portion of the Thunder Ranch wind farm, substantially boosting the beer company’s acquisition of renewable energy. This output is expected to amount to approximately 610 GWh of renewable energy each year, enough renewable electricity to produce more than 20 billion 12 oz. servings of beer annually3. At the same time, this renewable energy output will be capable of meeting up to 50% of Anheuser-Busch’s total annual purchased electricity, a substantial increase on the less than 2% currently generated by the 7.5 MW of solar and wind facilities installed on-site at its major US operations.

The energy generated by the Thunder Ranch facility under the PPA is enough to power 50,000 U.S. households and is expected to reduce emissions by more than 400,000 tonnes of CO2 each year, equivalent to taking more than 85,000 U.S. vehicles off the road every year.

The Thunder Ranch wind farm, located in Garfield, Kay and Noble counties, Oklahoma, is comprised of two phases that total 298 MW of capacity. This project will support employment in the renewables sector by creating around 400 temporary jobs at peak of construction. Once fully operational, Thunder Ranch will be able to generate more than 1,100 GWh each year, which is equivalent to the amount of electricity consumed annually by approximately 89,400 U.S. households. The overall investment in Thunder Ranch amounts to approximately 435 million U.S. dollars, which is part of the investment outlined in Enel’s current strategic plan.

About Anheuser-Busch
Anheuser-Busch (anheuserbusch.com) and its employees build on a legacy of corporate social responsibility by focusing on three key areas: promoting alcohol responsibility, preserving and protecting the environment and supporting local communities. In the past three decades, Anheuser-Busch and its wholesalers have invested more than $1 billion in preventing drunk driving and underage drinking and promoting responsible retailing and advertising. Anheuser-Busch reduced total water use at its breweries by nearly 50 percent over the last 10 years. To date, Anheuser-Busch and its Foundation have contributed approximately $20 million each year in support of charitable organizations that help in local communities. The company also has provided over 76 million cans of emergency drinking water to people impacted by natural and other disasters since 1988. Based in St. Louis, Anheuser-Busch, the leading American brewer, is a wholly-owned subsidiary of Anheuser-Busch InBev, the leading global brewer.

Anheuser-Busch aims to support the global commitment through a combination of direct purchasing and on-site generation of renewable electricity.

About Enel Green Power
Enel Green Power (enelgreenpower.com), the Renewable Energies division of Enel Group, is dedicated to the development and operation of renewables across the world, with a presence in Europe, the Americas, Asia, Africa and Oceania. Enel Green Power is a global leader in the green energy sector with a managed capacity of around 39 GW across a generation mix that includes wind, solar, geothermal, biomass and hydropower, and is at the forefront of integrating innovative technologies like storage systems into renewables power plants.

Through corporate power purchase agreements, Enel Green Power enables companies to capture business value, while also tackling climate change.

1. Equivalent to more than 7 billion litres.
2. Through this agreement, EGP will deliver the power generated from the 152.5 MW portion of the project to the grid with pricing settled by the two companies. Also under the agreement, the renewable energy credits associated with the power delivered to the grid will be acquired by Anheuser-Busch and retired from the market.
3. See footnote 1.

Read more: Anheuser-Busch and Enel Green Power Announce...

SAN DIEGO, Calif. and SHENZHEN, China, Sept. 13, 2017 /PRNewswire/ -- Highpower International, Inc. (NASDAQ: HPJ) ("Highpower" or the "Company"), a developer, manufacturer, and marketer of lithium ion and nickel-metal hydride (Ni-MH) rechargeable batteries, battery management systems, and a provider of battery recycling, today announced  that its Board of Directors approved the adoption of a stockholder rights plan (the "Rights Plan") and declared a dividend distribution of one right ("Right") for each outstanding share of common stock. The record date for such dividend distribution is September 21, 2017.

The adoption of the Rights Plan is intended to protect Highpower and its stockholders from the actions of third parties that the Board of Directors determines are not in the best interests of Highpower and its stockholders, and to enable all stockholders to realize the long-term value of their investment in Highpower. The Board of Directors believes that the Rights Plan will ensure that the Board of Directors remains in the best position to discharge its fiduciary duties to Highpower and its stockholders. The Rights Plan is not intended to interfere with any sale, merger, tender or exchange offer or other business combination approved by the Board of Directors. Nor does the Rights Plan prevent the Highpower Board of Directors from considering any offer that it considers to be in the best interest of Highpower's stockholders.

The Rights Plan is similar to other plans adopted by publicly-held companies. Under the Rights Plan, the rights generally would become exercisable only if a person or group (including a group of persons who are acting in concert with each other) acquires beneficial ownership of 15% or more of Highpower's common stock in a transaction not approved by Highpower's Board of Directors. In that situation, each holder of a right (other than the acquiring person or group, whose rights will become void and will not be exercisable) will have the right to purchase, upon payment of the exercise price and in accordance with the terms of the Rights Plan, a number of shares of Highpower common stock having a market value of twice such price. In addition, if Highpower is acquired in a merger or other business combination after an acquiring person acquires 15% or more of Highpower's common stock, each holder of the right would thereafter have the right to purchase, upon payment of the exercise price and in accordance with the terms of the Rights Plan, a number of shares of common stock of the acquiring person having a market value of twice such price. The acquiring person or group would not be entitled to exercise these Rights. In the Rights Plan, the definition of "beneficial ownership" includes derivative securities.

The Rights Plan expires, without any further action being required to be taken by Highpower's Board of Directors, on September 12, 2020.

Further details of the Rights Plan will be contained in a Current Report on Form 8-K and in a Registration Statement on Form 8-A that Highpower will be filing with the Securities and Exchange Commission (SEC). These filings will be available on the SEC's web site at www.sec.gov. Copies are also available at no charge at the Investor Relations section of Highpower's corporate website at www.highpowertech.com  

About Highpower International, Inc.

Highpower International was founded in 2001 and produces high-quality Nickel-Metal Hydride (Ni-MH) and lithium-based rechargeable batteries used in a wide range of applications such as electric buses, bikes, energy storage systems, power tools, medical equipment, digital and electronic devices, personal care products, and lighting, etc. Highpower's target customers are Fortune 500 companies and top 20 companies in each vertical segment. With advanced manufacturing facilities located in Shenzhen, Huizhou, and Ganzhou of China, Highpower is committed to clean technology, not only in the products it makes, but also in the processes of production. The majority of Highpower International's products are distributed to worldwide markets mainly in the United States, Europe, China and Southeast Asia.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this press release which are not historical facts may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and are subject to various risks and uncertainties. Words such as "anticipate," "believe," "demonstrate," "expect," "estimate," "forecast," "intend," "likely" and "should" and similar expressions identify forward-looking statements. Forward-looking statements in this document may include, but are not limited to, the statements regarding the anticipated benefits and expected consequences of the Rights Plan that Highpower has adopted. Such forward-looking statements are based upon Highpower's current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. Because such statements include risks, uncertainties and contingencies, actual events may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the effectiveness of the Rights Plan in (i) preventing a third party from taking advantage of the onset of adverse market conditions or recent and potentially short-term declines in Highpower's share price to acquire actual or effective control, in the open market or otherwise, of Highpower's common stock without paying a price that does not reflect Highpower's intrinsic value or long-term prospects, or (ii) providing the Board with an increased period of time to evaluate the adequacy of an acquisition offer, investigate alternatives, solicit competitive proposals, or take other steps necessary to maximize value for the benefit of all Highpower stockholders. Other potential risk factors include the risk factors discussed under the heading "Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2016 and as updated from time to time in other filings with the SEC, which are available at http://www.sec.gov. There may be other factors that may cause actual events to differ materially from the forward-looking statements. All information provided in this release is as of the date hereof and no person undertakes any obligation to update publicly any information for any reason, except as required by law, even as new information becomes available or other events occur in the future. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

CONTACT:

Highpower International, Inc.
Sunny Pan
Chief Financial Officer
Tel: +86-755-8968-6521
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Yuanmei Ma
Investor Relations Manager
Tel: +1-909-214-2482
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

ICR, Inc.
Rose Zu
Tel: +1-646-931-0303
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

View original content:http://www.prnewswire.com/news-releases/highpower-international-adopts-stockholder-rights-plan-300518231.html

SOURCE Highpower International, Inc.

Read more: Highpower International Adopts Stockholder...

HUSUM, Germany--(BUSINESS WIRE)--Husum Wind Show - Raycap, the developer of the unique patented Strikesorb technology, has announced an upgrade to its flagship Strikesorb 30 surge suppression device (SPD). While Strikesorb technology has been in existence for 20+ years and protected wind operations for more than 15 of these, these recent enhancements upgrade the Strikesorb 30 to a Class I surge protective device, in addition to its present Class II rating, per IEC 61643-11. The enhanced version provides systems designer’s additional flexibility in installing the Strikesorb 30, with its compact footprint, in locations experiencing both direct and indirect lightning currents. The modules also have UL Type 2 Component Assembly certification, and improved VPR levels.

Updating the Strikesorb 30 enhances its competitiveness in energy markets and ensures Raycap products remain the market leader with their unique patented technology – a technology capable of handling multiple lightning surges without failure or performance degradation while offering continuous protection of the wind turbine or other equipment. Raycap continually practices R&D product improvements in support of its Strikesorb technology, and the Strikesorb 30 improvements are just the most recent.

“This new improvement upgrades the Strikesorb 30 to a Class I product per IEC 61643-11 and offers more robust protection in a small form factor,” said Zafiris Politis, Vice President of Research & Development for Raycap. “Our Strikesorb products have the ability to be installed in locations with very high short circuit current conditions without failure or degradation, all the while continuously and safely protecting mission-critical electrical equipment from damage caused by lightning surges.” The Strikesorb 30 is just one of many in the Strikesorb family which has been proven to provide uninterrupted protection for a wide variety of voltages and applications including wind energy, solar energy, telecommunications and other mission-critical markets.

About Raycap

Raycap is a global manufacturer with Headquarters in Munich Germany and sales and operations throughout Europe and North America. The company manufactures surge protection products and connectivity solutions for telecommunications, energy markets and other industrial applications. Raycap’s innovative technology is marketed under its Strikesorb®, Rayvoss® and ACData® product brands. For more information find us on the web at www.raycap.com

Find and download a photo of the enhanced Strikesorb 30 here: https://raycap111.box.com/s/wi8pq2ubx2h7kwb19443ymn71ok350hy

© 2017 RAYCAP All rights reserved. The Raycap logo and other marks are trademarks and service marks of Raycap Intellectual Property and/or Raycap affiliated companies.

Read more: Raycap Introduces Performance Enhancements to...

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