SAN DIEGO, June 28, 2018 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that, following a comprehensive strategic review of its businesses and asset portfolio over the past year, the company intends to sell several energy infrastructure assets, including its entire portfolio of U.S. wind and U.S. solar assets, as well as certain U.S. midstream assets. The board of directors approved the asset sales on June 25.

The planned asset dispositions represent the first phase of a multi-phase portfolio optimization initiative designed to sharpen the company's strategic focus and create value for all shareholders.

"Our strategy is to continue building a leading energy company operating best-in-class utilities and developing contracted energy infrastructure in some of the largest economies in the Americas, with a focus centered on North America," said Jeffrey W. Martin, CEO of Sempra Energy. "Our executive team and board of directors, along with our outside financial and legal advisors, have been engaged in a comprehensive strategic review of our asset portfolio over the past year, consistent with this strategy to drive shareholder value. The review was guided by several important considerations and factors, including: deployment of additional capital to improve critical utility infrastructure, changes in the U.S. tax code, California regulatory developments and strategic growth opportunities.

"This is just the first phase of our portfolio optimization, which we expect to continue in the coming months. We intend to continue evaluating our portfolio, looking for additional opportunities to create long-term value for all shareholders. We will pursue additional initiatives using a disciplined, phased approach, taking into consideration timing and market conditions."

Midstream assets included in the planned sales are Mississippi Hub, LLC, an underground salt dome with 22 billion cubic feet (Bcf) of working natural gas storage capacity located near Jackson, Miss. along with related compression and pipeline facilities, and the company's 90.9-percent ownership interest in Bay Gas Storage Company, Ltd., a 20 Bcf natural gas storage facility near Mobile, Ala. Both storage facilities are part of Sempra LNG & Midstream.

Also part of the planned sales are all of Sempra Renewables' solar and wind assets and investments, including wholly owned facilities, and joint-venture and tax-equity investments with a total generating capacity of approximately 2,600 megawatts, as well as projects in development.

Sempra Renewables has ownership interests and investments in nine solar projects in Nevada, Arizona and California and wind projects in eight states stretching from Hawaii to Pennsylvania.

"Renewable energy is a vital part of the energy landscape and we have developed a great platform, but we have determined that our U.S. solar and wind generation businesses would be more valuable to another owner," Martin said.  "We will continue to be a leader in sourcing renewable energy for our utility customers, which is critical to the future of an expanding clean energy grid.

"Natural gas storage plays an important role in energy markets, but these Gulf Coast storage assets are no longer core to our business strategy. Monetizing these assets will support growth opportunities in our other U.S. businesses and strengthen our balance sheet."

Sempra Energy expects to record impairment charges related to certain of these assets totaling approximately $1.47 billion to $1.55 billion, or approximately $870 million to $925 million after tax and noncontrolling interests, in the second quarter 2018. These impairment charges will result primarily from adjusting the related assets' recorded values to the lesser of carrying value or estimated fair value, less costs to sell, as applicable. The company does not expect that any of the impairment charges will result in future cash expenditures, other than costs to sell. Gains, if any, from the sale of the wind and solar assets and investments would be recorded at the time of sale.

Sempra Energy's executive management team will provide an overview of the company's strategic plans, including portfolio optimization, at the company's 2018 Analyst Conference today in New York.  

Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2017 revenues of more than $11 billion. Sempra Energy is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide.

This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements.

Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission (CPUC), U.S. Department of Energy, California Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the United States and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in obtaining or maintaining permits and other authorizations on a timely basis, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners and counterparties; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements or modifications of settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers (including with respect to amounts associated with the San Onofre Nuclear Generating Station facility and 2007 wildfires) or regulatory agency approval for projects required to enhance safety and reliability, any of which may raise our cost of capital and materially impair our ability to finance our operations; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as in cases where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power, natural gas and liquefied natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the transmission grid, moratoriums or limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; changes in energy markets; volatility in commodity prices; moves to reduce or eliminate reliance on natural gas; and the impact on the value of our investments in natural gas storage and related assets from low natural gas prices, low volatility of natural gas prices and the inability to procure favorable long-term contracts for storage services; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases, radioactive materials and harmful emissions, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of insurance, to the extent that such insurance is available or not prohibitively expensive; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-strategic assets on the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; capital markets and economic conditions, including the availability of credit and the liquidity of our investments; and fluctuations in inflation, interest and currency exchange rates and our ability to effectively hedge the risk of such fluctuations; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to international trade agreements, such as the North American Free Trade Agreement, that make us less competitive or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric Company's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and the corresponding decrease in demand for power delivered through SDG&E's electric transmission and distribution system and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation, and the potential risk of nonrecovery for stranded assets and contractual obligations; the ability to realize the anticipated benefits from our investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings); the ability to obtain additional permanent equity financing for the acquisition of our investment in Oncor Holdings on favorable terms; indebtedness we have incurred to fund the acquisition of our investment in Oncor Holdings, which may make it more difficult for us to repay or refinance our debt or may require us to take other actions that may decrease business flexibility and increase borrowing costs; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to its requirement to meet and maintain its regulatory capital structure, or because any of the three major credit rating agencies rates Oncor's senior secured debt securities below BBB (or the equivalent) or Oncor's independent directors or a minority member director determine it is in the best interest of Oncor to retain such amounts to meet future capital expenditures; and other uncertainties, some of which may be difficult to predict and are beyond our control.

These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise.

Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission.


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DUBLIN--(BUSINESS WIRE)--The "Solar Photovoltaic - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to's offering.

The global solar photovoltaic (PV) installations market size was valued at $131,818 million in 2016, and is anticipated to grow at a CAGR of 17.4% to reach $393,594 million during 2017 to 2023.

Solar energy is an upcoming form of renewable energy with numerous economic and environmental benefits that make it an attractive complement to, in comparison with traditional forms of electricity generation. Moreover, in recent years the price of PV solar power systems and total cost of installing PV systems, has declined to the levels, which are competitive with the wholesale price of electricity in many markets.

The sudden decline of prices in recent years opens new possibilities to develop PV systems in some locations with limited or no financial incentives. Furthermore, the fact that a PV solar power system requires no fuel provides a unique and valuable benefits to owners of such systems relative to traditional electricity generation assets.

This report projects the trends and opportunities of the global solar photovoltaic (PV) installations market. It includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.

Companies Mentioned:

  • Trina Solar Ltd
  • Canadian Solar Inc
  • JA Solar
  • First Solar Inc
  • Jinko Solar Holding Company Ltd
  • Yingli Green Energy Holding Co. Ltd
  • Renesola
  • Sun Power Corporation
  • Solar World Ag and
  • Mitsubishi Electric Corporation.

Key Topics Covered:

Chapter 1. Introduction

Chapter 2. Executive Summary

Chapter 3. Market Overview

Chapter 4. Global Solar Photovoltaic (PV) Installations Market, By Technology

Chapter 5. Global Solar Photovoltaic (PV) Installations Market, By Grid Type

Chapter 6. Global Solar Photovoltaic (PV) Installations Market, By End-Use

Chapter 7. Global Solar Photovoltaic (PV) Installations Market, By Geography

Chapter 8. Company Profiles

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The space situational awareness market is estimated to be USD 1.15 Billion in 2018 and is projected to reach USD 1.44 Billion by 2023, at a CAGR of 4.54% from 2018 to 2023.

The growth of the space situational awareness market is driven by several factors, including the growing congestion of objects in the space, and the focus of government agencies and private entities on space situational awareness.

Based on offering, the services segment is estimated to lead the space situational awareness market in 2018. The growth of this segment can be attributed to the ongoing activities, such as space debris modeling and robotic exploration of the solar system and the emphasis on developing space weather and Near-Earth Object (NEO) services, while research, development, and validation activities continue in the domain of space surveillance and tracking.

Based on object, the fragmentation debris segment is estimated to lead the space situational awareness market in 2018. The growth of this segment can be attributed to the increasing congestion in space due to fragmentation debris as well as an increase in space exploration activities.

Based on end user, the commercial segment of the space situational awareness market is projected to grow at a higher CAGR, as compared to the government & military segment, during the forecast period due to various private space entities focusing on SSA solutions for satellite operations throughout the satellite's lifecycle.

Commercial companies are taking an interest in space situational awareness to offer space-based services, such as to deorbiting of non-functional spacecraft, conjunction avidness of satellites, and removal of debris left by government/military surveillance networks, and offering data-sharing transparency for satellite operators/owners.

North America is estimated to account for the largest share of the space situational awareness market in 2018t. This can be attributed to the high demand for space situational awareness activities from prominent organizations, such as NASA and the Department of Defense due to the increasing reliance on space assets and for maintaining safe space operations.

Regulatory norms laid down by various space regulatory authorities are the major factors restraining the space situational awareness market growth.

Some of the major players operating in the space situational awareness market include Schafer (US), Analytical Graphics (US), Applied Defense Solutions (US), ExoAnalytic Solutions (US), and Vision Engineering Solutions (US).

These key players offer various space situational awareness services and software, such as conjunction analysis, space debris end-to-end services, Joint Space Operations Centre (JSpOC), and Orbit Determination Tool Kit (ODTK), among others. New product development, partnerships, and contracts are the major growth strategies adopted by these players to improve their position in the space situational awareness market.

Key Topics Covered

1 Introduction
1.1 Objectives of The Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Regional Scope
1.2.3 Years Considered for The Study
1.3 Currency & Pricing
1.4 Limitations
1.5 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data Key Data From Secondary Sources
2.1.2 Primary Data Key Data From Primary Sources Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Demand for Space Traffic Management and Identification of Functional and Non-Functional Satellites to Offer Several Untapped Opportunities in The Space Situational Awareness Market
4.2 Space Situational Awareness Services Market, By Type
4.3 Space Situational Awareness Market for Commercial End User, By Type
4.4 Space Situational Awareness Market for Object, By Type
4.5 Space Situational Awareness Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Rising Demand for Small Satellites Across The Globe Increasing Demand for Space-Based Sensing Activities Growing Space Congestion Due to Increasing Number of New Satellite Launches
5.2.2 Restraints Adherence to Regulatory Norms Laid By Various Space Regulatory Authorities
5.2.3 Opportunities Rising Demand for Lower Earth Orbit (LEO)-Based Services Increasing Involvement of Private Players in The Global Space Industry Growing Need for Commercial On-Orbit Satellite Activities
5.2.4 Challenges Non-Detection of Micro-Sized Debris By Space Situational Awareness Sensors

6 Industry Trends
6.1 Introduction
6.2 Industry and Technology Trends
6.2.1 Civil Space Situational Awareness Services
6.2.2 Space Traffic Management
6.2.3 Minor Planet Center (MPC)
6.2.4 Space-Based Sensor
6.2.5 Ground-Based Sensor
6.2.6 Satellite Laser Ranging (SLR)
6.2.7 Rf Sensing
6.2.8 It Highlights Conceptual SSA Architecture Potential Approaches to The Provision of SSA Services
6.3 Innovation & Patent Registrations

7 Space Situational Awareness Market, By Offering
7.1 Introduction
7.2 Services
7.2.1 Space Weather Services Space Weather Forecasts and Warnings Radio Frequency Interference Notifications
7.2.2 Near-Earth Object Detection Services Disposal/End-Of-Life-Support Tracking Space Debris Re-Entry Predictions Orbit Determination
7.2.3 Space Surveillance and Tracking Services Launch and Early Orbit Phase On-Orbit Conjunction Assessment Mission Support Deorbit Others
7.3 Software
7.3.1 Orbit Determination Tool Kit
7.3.2 Comspoc
7.3.3 Space Data Center
7.3.4 Space Event Generator
7.3.5 Joint Space Operations Center
7.3.6 Others

8 Space Situational Awareness Market, By End User
8.1 Introduction
8.2 Government & Military
8.2.1 Space Agencies
8.2.2 Departments of Defense
8.2.3 Search and Rescue Entities
8.2.4 Intelligence Community
8.2.5 Academic and Research Institutions
8.3 Commercial
8.3.1 Satellite Operators/Owners
8.3.2 Launch Providers
8.3.3 Space Insurance Companies
8.3.4 Energy Industry
8.3.5 Air Traffic & Navigation Service Providers
8.3.6 Others

9 Space Situational Awareness Market, By Object
9.1 Introduction
9.2 Mission-Related Debris
9.3 Rocket Bodies
9.4 Fragmentation Debris
9.5 Functional Spacecraft
9.6 Non-Functional Spacecraft
9.7 Others

10 Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 Russia
10.3.2 France
10.3.3 Germany
10.3.4 UK
10.3.5 Italy
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia
10.5 Rest of The World
10.5.1 Middle East
10.5.2 Africa
10.5.3 South America

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis: 2017
11.3 Competitive Scenario
11.3.1 New Product Launches & Developments
11.3.2 Contracts
11.3.3 Partnerships, Agreements, and Acquisitions
11.3.4 Expansions & Collaborations

12 Company Profiles
12.1 Vision Engineering Solutions
12.2 Exoanalytic Solutions
12.3 Schafer
12.4 Etamax Space
12.5 Kratos Defense & Security Solutions
12.6 Analytical Graphics
12.7 Lockheed Martin
12.8 Sky and Space Global
12.9 Norstar Space Data
12.10 Polaris Alpha
12.11 Solers
12.12 Elecnor Deimos Group
12.13 Spacenav
12.14 GMV Innovating Solutions
12.15 Applied Defense Solutions
12.16 Globvision
12.17 Harris

For more information about this report visit

Media Contact:

Laura Wood, Senior Manager
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For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
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Fax (outside U.S.): +353-1-481-1716

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MUMBAI, India and YVERDON, Switzerland and DALLAS, June 27, 2018 /PRNewswire/ -- Exide Industries Ltd, India's largest manufacturer of lead acid storage batteries and power storage solutions provider (BSE: 500086), and Leclanché SA (SIX: LECN), one of the world's leading energy storage solution companies, headquartered in Switzerland, announced today a joint venture to build lithium-ion batteries and provide energy storage systems for India's electric vehicle market and grid-based applications.

With all the major cities in the world suffering from record-breaking pollution levels, there is an urgent need for radical new ways to power transport.  Countries all over the world are working to find alternative solutions to reduce harmful NOx emissions, which are damaging to human health and the environment.

As part of the JV, Leclanché will provide access to its knowhow and intellectual property for lithium-ion cells, modules and battery management systems and Exide Industries will leverage its extensive sales network and brand. As a result of this unique combination, the JV is ideally positioned to be a leading provider of storage solutions for electric vehicles and energy storage applications in India and will also contribute to developing solutions to increase the amount of renewable energy that is used and reduce India's dependence on fossil fuels. 

The JV's production plant will be based in Gujarat. Exide Industries, which is committed to setting up large-scale manufacturing of lithium-ion batteries, will be the majority shareholder and Leclanché will be the strategic minority shareholder of the JV. A module and battery pack assembly line is expected to be operational by Q2 2019 and a lithium-ion cell production plant is expected to be in operation by mid 2020. In the intervening period, cells will be sourced from Leclanché's plant in Willstätt, Germany.

The JV will focus on e-transport, stationary energy storage systems and speciality storage markets. In e-transport, the target segment is fleet vehicles including e-buses, e-wheelers and e-rickshaws. 

Gautam Chatterjee, CEO of Exide Industries, said: "Leclanché SA is the perfect partner for us in India. The Company brings superior technology, modules and battery management systems, as well as immediate access to engineering resources to build market-ready products.

"This ideally compliments our leading position in the lead acid storage battery market in India and will allow us to take the lead in the lithium-ion battery industry, which is expected to grow significantly in the next few years.

"Efforts to develop alternate state-of-the-art technologies such as lithium-ion batteries and energy storage solutions are an important step in tackling the environmental challenges."

Anil Srivastava, CEO of Leclanché, said:  "It is a huge honour that Leclanché has been chosen by Exide Industries, India's largest battery manufacturer, to partner with them in their quest to help India achieve its zero emissions goals and reduce the country's dependence on fossil fuel.

"Exide's selection of Leclanché as its partner of choice is a testament to Leclanché's deep knowhow and IP and a significant endorsement of our world-leading cell and energy storage technologies, which are the product of our strong heritage and a decade of investment in lithium-ion R&D and production.  

"In a region that is expected to be one of the world's largest and fastest growing markets for electric vehicles, the JV shall provide Leclanché with giga-scale procurement volumes, which will help reduce costs, and increase recurring annuity revenues, generating recurring stable revenue growth for the Company.  

"This is an important milestone in our stated growth strategy and further evidence that the opportunity for Leclanché is now. We very much look forward to working with Exide Industries in delivering the best that Leclanché has to offer: superior cell technologies, IP and knowhow that combines high quality German engineering and Swiss precision with deep experience in the design and implementation of battery storage solutions."

About Exide Industries
Exide Industries Ltd is India's largest manufacturer of lead acid storage batteries and power storage solutions provider. Its current market capitalisation is close to Rs 215 billion (USD 3.2 billion)

With seven international standard factories spread across the nation for producing batteries, the company offers one of the widest ranges of batteries for every conceivable application in automotive as well as industrial segments. To complete the entire value chain, the company has two captive lead smelting units and two UPS manufacturing facilities. Exide also has manufacturing facilities in Sri Lanka and does business globally through its subsidiaries and international affiliates.

Exide's products are sold globally, particularly in developed markets like Australia, Japan and Western Europe, under its own brand names.

Exide's strong brand pull, established in India for about a hundred years, is supplemented by its nationwide dealer network and a very strong R&D center. With the help of its collaborators – Shin Kobe and Furukawa of Japan, East Penn of the US and Moura of Brazil  - Exide has consistently remained at the cutting edge of international battery technology and introduced various pioneering products and power storage solutions in the Indian and global markets.

Exide's vast product range, that includes everything in lead acid from the smallest UPS batteries to the giant submarine batteries, find applications in automotive, two-wheelers, inverters, UPS, power, telecom, fork-lift trucks and railways, among others. Exide is also present in the non-conventional energy business where it designs and integrates solar and wind power solutions for use in remote areas of the country.

Exide's customer list includes some of the top most international names in industries as diverse as automotive, earth moving equipment, telecom, material handling and UPS manufacturers.

With an annual total income of Rs 92 billion ($ 1.35 billion) in FY 2017-18, the company is the largest among the branded lead acid storage battery businesses in India. The company has been consistently profitable and paying dividend every single year since its inception.

Bombay Stock Exchange (BSE): stock code 500086
National Stock Exchange (NSE): ticker symbol EXIDEIND
Calcutta Stock Exchange (CSE): stock code 15060 & 10015060

About Leclanché
Headquartered in Switzerland, Leclanché SA is a leading provider of high quality energy storage solutions designed to accelerate our progress towards a clean energy future.

Leclanché's history and heritage is rooted in over 100 years of battery and energy storage innovation and the Company is a trusted provider of energy storage solutions globally. This coupled with the Company's culture of German engineering and Swiss precision and quality, continues to make Leclanché the partner of choice for both disruptors, established companies and governments who are pioneering positive changes in how energy is produced, distributed and consumed around the world.

The energy transition is being driven primarily by changes in the management of our electricity networks and the electrification of transport, and these two end markets form the backbone of our strategy and business model. Leclanché is at the heart of the convergence of the electrification of transport and the changes in the distribution network. Leclanché is the only listed pure play energy storage company in the world, organised along three business units: stationary storage solutions, etransport solutions and specialty batteries systems. Leclanché is listed on the Swiss Stock Exchange (SIX: LECN).

SIX Swiss Exchange: ticker symbol LECN | ISIN CH 011 030 311 9

This press release contains certain forward-looking statements relating to Leclanché's business, which can be identified by terminology such as "strategic", "proposes", "to introduce", "will", "planned", "expected", "commitment", "expects", "set", "preparing", "plans", "estimates", "aims", "would", "potential", "awaiting", "estimated", "proposal", or similar expressions, or by expressed or implied discussions regarding the ramp up of Leclanché's production capacity, potential applications for existing products, or regarding potential future revenues from any such products, or potential future sales or earnings of Leclanché or any of its business units.

You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of Leclanché regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Leclanché's products will achieve any particular revenue levels. Nor can there be any guarantee that Leclanché, or any of the business units, will achieve any particular financial results.

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HOUSTON, June 28, 2018 /PRNewswire/ -- ENGIE Resources, a leader in the Energy Revolution, will serve the Museum of the American Revolution in Philadelphia with a six-year electricity supply agreement that includes Green-e® certified renewable energy certificates (RECs).

The RECs represent the equivalent of removing more than 2,300 passenger cars from U.S. highways. Green-e Energy is the leading renewable energy certification and verification program in North America. Administered by the Center for Resource Solutions, the program provides independent, third-party certification to ensure that certified renewable energy meets strict environmental and consumer-protection standards.

The Museum of the American Revolution opened in 2017 and is home to more than 3,000 objects including artwork, sculpture, textiles, weapons, manuscripts, and rare books. The Museum encompasses nearly 120,000 square feet and is dedicated to telling the story of the American Revolution.

At the forefront of the Energy Revolution, ENGIE is promoting a new way for market participants to respond to a range of challenges in today's energy landscape. These include combating global warming, providing access to energy in parts of the world where it still does not exist, and developing a lower-carbon, more environmentally responsible economy.

"Museums represent critical resources in society. They provide an important educational resource," said Bradford McIntyre, Regional Sales Manager of ENGIE Resources. "We're honored to work with the Museum of the American Revolution and its peers as they tell the story of our society."

About Museum of the American Revolution
The Museum of the American Revolution explores the dramatic, surprising story of the American Revolution through its unmatched collection of Revolutionary-era weapons, personal items, documents, and works of art. Immersive galleries, powerful theater experiences, and digital touchscreens bring to life the diverse array of people who created a new nation against incredible odds. Visitors gain a deeper appreciation for how this nation came to be and feel inspired to consider their role in the ongoing promise of the American Revolution. Located just steps away from Independence Hall, the Museum serves as a portal to the region's many Revolutionary sites, sparking interest, providing context, and encouraging exploration. The Museum, which opened on April 19, 2017, is a private, non-profit, and non-partisan organization. For more information, visit or call 877.740.1776.

About ENGIE Resources
ENGIE Resources is a subsidiary of ENGIE North America and part of the international energy group ENGIE. As the fourth-largest electricity supplier to non-residential consumers in the United States, we deliver a combination of products and services, highly rated customer service, and financial strength that provides unique and compelling value to our customers. Now offering solar and other renewable energy options, demand response, and on-bill financing, we assure our customers that they can count on us to create effective, customized plans for them. Our in-house energy experts work with customers to understand their operations, tailoring products and services specific to their business and budget. For more about ENGIE Resources, visit or call 1-866-999-8374. Follow ENGIE Resources on LinkedIn, Twitter, and Facebook.

The company offers electricity service to residential and small business customers in Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Texas, and Washington, D.C., under the brand Think Energy®. Think Energy® works every day to be "The Unsurprise Energy Company," providing customers transparent, competitive fixed prices, easy-to-use online tools, and excellent customer service.  For more information, visit, or call 1-888-923-3633, or email This email address is being protected from spambots. You need JavaScript enabled to view it..

ENGIE Resources & Think Energy® are part of ENGIE North America, which manages a range of energy businesses in the U.S. and Canada, including electricity generation and cogeneration retail energy sales, and services to help customers run facilities more efficiently and optimize energy use and expenses. For more information on ENGIE North America, visit or Twitter.

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The Global Solar Freezer Market had a value of 1.71 Billion USD in 2017 and it is estimated to grow to 2.4 Billion USD by 2023 with a CAGR of 5.81% during the forecast period.

The increase in the growth of Global Solar Freezer Market is due increasing awareness among people on the reduction of carbon emissions. For the power generation for a conventional freezer, fossil fuels are burnt in large quantities which lead to global warming. This also paves a way for solar freezer market growth. But the cost of conventional freezer is very much cheap compared to a solar freezer.

Asia-Pacific region has the largest market which is more than half of the total market share in 2017 and is followed by North America, Europe and Middle & East Africa.

Industry Structure and Updates

  • UNICEF and its other partners are planning to support the increase in the production and access to cold chain technologies to meet increased cold chain requirements. For example many freezers are required for storage vaccination and drugs in the medical field so many vendors such as CONNEXA Energy, Dulas and Engel Coolers are mainly concentrating on medicinal applications of solar freezers.
  • Every year there are about 2 million shipments of freezers are transported across the USA.

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview
3.1. Definition
3.2. Industry Value Chain Analysis
3.3. Porter's 5 Forces
3.4. Regulations

4. Market Dynamics
4.1. Introduction
4.2. Drivers
4.3. Constraints
4.4. Trends

5. Global Solar Freezer Market Segmentation, Forecasts and Trends - by Type
5.1. Complete Solar Freezer
5.2. Hybrid Solar Freezer(Battery +Solar)

6. Global Solar Freezer Market Segmentation, Forecasts and Trends - by Component
6.1. Solar Array
6.2. Battery
6.3. Control hardware
6.4. Freezer

7. Global Solar Freezer Market Segmentation, Forecasts and Trends - by Industry
7.1. Healthcare
7.2. Manufacturing
7.3. Retail and Supply
7.4. Others

8. Global Solar Freezer Market Segmentation, Forecasts and Trends - by Region
8.1. North America
8.1.1. U.S.
8.1.2. Canada
8.2. Europe
8.2.1. UK
8.2.2. France
8.2.3. Germany
8.2.4. Italy
8.2.5. Others
8.3. Asia-Pacific
8.3.1. India
8.3.2. China
8.3.3. Japan
8.3.4. Australia
8.3.5. Others
8.4. Latin America
8.4.1. Brazil
8.4.2. Argentina
8.4.3. Mexico
8.4.4. Others
8.5. Middle East and Africa
8.5.1. South Africa
8.5.2. UAE
8.5.3. Saudi Arabia
8.5.4. Egypt
8.5.5. Others

9. Company Market Share Analysis

10. Company Profiles
10.1. Connexa Energy
10.2. Eco Solar Cool
10.3. Sun Danzer
10.4. Unique Off-Grid Appliances
10.5. B Medical Systems
10.6. Dometic
10.7. Dulas
10.8. Engel Coolers
10.9. Kyocera
10.10. Sure Chill
10.11. Steca Elektronik
10.12. Vestfrost Solutions
10.13. Others

11. Industry Structure
11.1. Industry M&As, Consolidations
11.2. Investment Opportunities

12. Global Solar Freezer Market - Road Ahead 

For more information about this report visit

Media Contact:

Research and Markets
Laura Wood, Senior Manager
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VISALIA, Calif., June 27, 2018 /PRNewswire/ -- CalCom Solar expands on its leadership in solar for agriculture and water with a name change indicative of the company's long-term strategy. CalCom Energy, launching this week with a rebranded web site and identity, more aptly reflects the company's focus on providing integrated energy solutions to the agriculture, water and utility markets.

"We're at a crossroads where the water-energy-food nexus is intricately intertwined," explained Dylan Dupre, President & CEO of CalCom Energy. "We are more than just a solar company. We are developing innovative distributed energy solutions to reduce the energy-dense activities of food production, drastically decrease water use, and ultimately shrink our carbon footprint. Our name change reflects our commitment to this work."

CalCom has been at the forefront of renewable energy in California, earning a spot in the prestigious Inc. 500 Top 25 for two years running. The company leads the industry in the number of commercial solar interconnections in PG&E's territory (

CalCom's announcement coincides with positive news across the clean energy sector. In California, Senate Bill 700 makes its way through key committees of the California Legislature. The bi-partisan supported bill aims to expand energy storage incentives to $1.3 billion with a five-year extension of the Self-Generation Incentive Program (SGIP) through 2026. In addition, Bloomberg New Energy Finance recently estimated that battery storage will reshape the energy system, enabling solar and wind to account for half of all global electricity generation by 2050 (2018 New Energy Outlook).

"We are on the cusp of a new era where clean energy will rapidly eclipse fossil fuels as the primary source of power generation," Dupre remarked. "Over the next 10 years the costs of renewable generation will continue to fall, and with the arrival of affordable battery technology, the entire energy landscape is shifting. For the first time in history we will be able to cost-effectively generate, store and move energy intelligently across the grid -- which will completely transform the energy landscape and move us closer to the future of a distributed architecture for the utility smart grid."

Already, CalCom agriculture customers like D'Arrigo Bros. of California have adopted a distributed energy resources approach that includes large-scale PV, energy storage, and utility billing monitoring and analytics. D'Arrigo is adding two large (528 kW / 520 kW) batteries at their cooling facility to reduce demand charges and load-shift energy to different time of use (TOU) utility rate periods. They will also provide backup power to critical loads.

About CalCom Energy
CalCom Energy ( is a Visalia, CA-based solar project developer and energy services company focused on agriculture and water customers. Founded in California's Central Valley in 2012, CalCom develops, finances and builds solar and energy storage projects that offset rising electricity costs while helping customers reduce operational expenses, improve their bottom line, and create a more sustainable world. CalCom installed more than 50 MW of solar energy solutions for agriculture and water customers in 2017 alone. To date the company has developed 100+MW of solar, including some of the largest agricultural solar farms in the West.

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SALT LAKE CITY, June 27, 2018 /PRNewswire/ -- Magnum Energy Midstream Holdings, LLC (MEM), announced today the start of a non-binding Open Season for its Western Energy Storage and Transportation Header Project (WEST Header Project), a new approximately 650-mile, large-diameter interstate natural gas pipeline designed to move natural gas bi-directionally between multiple receipt points and multiple delivery points, including storage, throughout multiple states in the Western Energy Corridor.  This non-binding Open Season begins at 9 a.m., Mountain Daylight Time, on July 2, 2018, and ends at 5 p.m., Mountain Daylight Time, on August 31, 2018.

The WEST Header Project is being designed to maximize 40,000,000 Dth of High Deliverability, Multi-Cycle ("HDMC") salt cavern storage (currently FERC certificated and under development by Magnum Gas Storage (MGS)) near Delta, Utah. The proposed WEST Header Project will provide access to prolific natural gas supplies at or near the Opal Hub in Wyoming, Goshen Hub near Salt Lake City, Utah, and Permian Basin supplies flowing westbound to locations at or near Ehrenberg, Arizona.

The WEST Header Project anticipates allowing for receipts/deliveries directly into the Salt Lake City Valley at or near the Opal Hub, the Goshen Hub, the Las Vegas, Nevada, market, the Southern California market, and Phoenix/Tucson, Arizona, market (through Needles/Topock/Blythe/Ehrenberg), as well as potential international exports to Mexico at Yuma, Arizona, and West Coast LNG exports, including via Energia Costa Azul near Ensenada, Baja California, Mexico.

Western U.S. energy markets are currently undergoing a significant paradigm shift.  This paradigm shift is being driven by several factors, including aggressive solar and wind capacity development in the Western Interconnection, increasingly tighter pipeline balancing requirements, long-term reliability issues with existing infrastructure, hydroelectric uncertainty, along with coal and nuclear retirements.  Additionally, as producers of Rockies natural gas seek new domestic and international markets, including potential West Coast LNG exports and exports to Mexico, the need for strategically located deliverability options is becoming increasingly important.  True bidirectional, intra-day, no-notice, hourly load following, peak hour supply reliability and traditional storage and transportation service, will be available to meet the current and future hourly demands of the Western Energy Corridor.  In short, The WEST Header Project is being designed to function as a true header pipeline. 

"Most traditional natural gas pipeline infrastructure projects have been designed to flow unidirectionally, from supply point to end-user.  Historically single directional flows worked well for traditional 24-hour ratable gas deliveries.  With the introduction of intermittent renewable energy sources, the need for strategically located natural gas infrastructure to provide intra-day flexibility has become increasingly important.  By utilizing multiple HDMC salt caverns for gas storage and large capacity pipe for natural gas transportation, The WEST Header Project is being designed with increased flexibility of gas flows in mind," said Kevin Holder, executive vice president of Magnum Energy Midstream.

"In fact, The WEST Header Project can be described as an environmentally friendly pipeline project that further enables the development of intermittent renewable energy resources by providing a 'shock absorber' or 'battery,' allowing for intraday flexibility in managing the growing 'duck curve.'  Additionally, this project opens new markets in need of incremental gas supplies including West Coast LNG exports and Mexico's developing power generation load," Holder added. 

A completed MGS Expression of Interest Form should be emailed to Kevin Holder at This email address is being protected from spambots. You need JavaScript enabled to view it. or Christine Wallat at This email address is being protected from spambots. You need JavaScript enabled to view it. by 5 p.m., Mountain Daylight Time, on August 31, 2018. The Expression of Interest Form, map and other information can be found on the WEST Header Project website at or by contacting Kevin Holder at 214-300-1876 or Christine Wallat at 858-284-6121.

About Magnum Energy Midstream Holdings, LLC           

The WEST Header and Magnum Gas Storage are wholly owned subsidiaries of Magnum Energy Midstream Holdings, LLC ("MEM"). MEM is a wholly owned subsidiary of Magnum Development, LLC, a Haddington Ventures, LLC, portfolio company. Haddington principals have been involved in the merchant gas transportation and storage business since its emergence in the early 1990s. A list of Haddington's active and realized investments can be viewed at  

Contact:  Kevin B. Holder
Magnum Energy Midstream Holdings, LLC

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MANILA, Philippines, June 27, 2018 /PRNewswire/ -- TraXion, a fully-featured financial services platform for the unbanked and underbanked, is enabling full financial inclusion for everybody in the Philippines. To create a ready-to-go solution, it blends a very new technology—blockchain—with decades-old technologies like text messages and leverages a broad network of existing brick-and-mortar shops.


Eight out of 10 families in the Philippines are unbanked or underbanked. This means they have never had access to financial services that the middle class takes for granted. Being stuck in a cash-only economy limits people's financial options, putting their financial security at risk, and stifling their economic potential.

TraXion is offering full-featured savings accounts that enable payments, low-cost remittances, peer-to-peer loans, savings accounts, a full range of insurance options, investment consultancy and a philanthropic crowdsourcing platform.

A Pragmatic Approach

To accomplish this feat, TraXion is using existing infrastructure: mobile phones and convenience stores. TraXion has developed a mobile e-wallet that works on even the most affordable feature phone through the proven power of SMS. They're also rolling out e-wallets to the estimated 600,000 merchants operating ubiquitous privately-owned "sari-sari" convenience stores all across the Philippines.

The whole system is powered by blockchain technology and automated by smart contracts. Blockchain tech keeps funds safe and secure, while TraXion's TXN token helps to ensure speedy, low-cost remittances, taking mere seconds for an international money transfer instead of the average processing time of one-to-five business days. A much larger-than-average percentage of the Philippine population works abroad, remitting money back home every month to support their families—who often withdraw this money in one envelope of cash. This represents an extended market base that TraXion is eager to reach.

"After establishing our customer base in the Philippines, we will expand first to Indonesia and other countries where there are a lot of overseas migrant workers to better facilitate their remittances. Our first client contract with a seafarer's cooperative is a move in that direction, onboarding up to 1 million maritime entrepreneurs," said TraXion Founder and CEO Ann Cuisia.

Being on blockchain means TraXion is platform agnostic, allowing it to be easily adapted for different technologies and approaches in different countries. While they are focusing on sari-sari store integration in the Philippines, for example, the higher smartphone penetration in Indonesia will make it easier for TraXion to access the market directly.

Cuisia is also the Founder of GavaGives, the most popular online charity crowdsourcing platform in the Philippines, which will be connected to the overall TraXion platform. The TraXion team is dedicated to combating poverty, having promised to allocate 2% of their tokens as rewards for top philanthropists on GavaGives. The charity platform was a testing ground for TraXion's e-wallet and the underlying blockchain technology. GavaGives uses Hyperledger Fabric to track contributions through the value chain, greatly increasing accountability.

GavaGives has recently partnered with, Southeast Asia's leading e-wallet. The partnership will draw more attention to TraXion's blockchain method of verifying trustworthy NGOs, by bringing up a list of top-performing philanthropy organizations operating on the GavaGives site whenever someone uses to make a donation. This will greatly reduce charity fraud across the region.

There are a number of other companies also currently working on financial inclusion solutions. Among them, She Counts is giving unbanked women in Tanzania and Indonesia access to mobile banking services, Paysafe enables cash payments online in many countries around the world, and IDBox combines a solar-powered Raspberry Pi with a fingerprint scanner to offer power–main free access to financial services in Papua New Guinea. While none of these companies offer the full scale of services that TraXion is ready to launch, Cuisia-Lindayag remains hopeful for their success.

"We aim to work together with other companies that make e-wallets, not compete with them," said Cuisia. "At the end of the day, we're all working together for the common good. We must not lose sight of this."

TraXion's TXN token pre-sale has already begun, and their crowd sale begins on August 1st. More than $4 million has already been raised in their private sale. For more information and to learn more about the KYC process, visit

Additional Facts and Figures:

  • According to the World Bank's most recent Global Findex, 22% of all humans on Earth remain unbanked.
  • In the Philippines, 89 million people are unbanked or underbanked, and credit card penetration is only 3%.
  • 2.2 million migrant Filipinos work overseas at any time, making the Philippines the third-largest remittance-receiving nation in the world, according to a recent World Bank report.
  • The Philippines has a very high rate of mobile phone penetration, at 75% according to a 2017 joint report by We Are Social and Hootsuite.
  • "Sari-sari" convenience stores account for 40-45% of company sales in the country according to a recent estimate by Procter & Gamble Philippines.

About TraXion

TraXion is the token that makes finance fair and accessible for all. The TraXion company launched its wallet app in 2017, enabling savings accounts, payments, and remittances via a smartphone app. Its finance platform is connected to a range of financial services, including insurance, investment consultancy, peer-to-peer lending and philanthropic crowdsourcing. TraXion is powered by Hyperledger Fabric blockchain technology, with many of its features enhanced by smart contract automation. The TXN token allows international remittances to process cheaply, in mere seconds. TraXion is headquartered in the Philippines, where they are fighting for financial inclusion of the 82.6% of the country's population that remains unbanked or underbanked, and the 10 million overseas workers remitting money back to the Philippines annually. TraXion is a subsidiary of its parent company, Pluma Technologies Ltd.







Mariana Peralta

G3 Partners (Agency of Record)

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Certain information set forth in this press release may contain "forward-looking information," including "future oriented financial information" and "financial outlook," under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the
(i) projected financial performance of the Company;
(ii) completion of, and the use of proceeds from, the sale of the tokens being offered hereunder; (iii) the expected development of the Company's business, projects and joint ventures;
(iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects;
(vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vii) renewal of the Company's current customer, supplier and other material agreements;
and (viii) future liquidity, working capital, and capital requirements.
Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance, and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

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FRAMINGHAM, Mass. & SCHOFIELD BARRACKS, HI--(BUSINESS WIRE)--Lendlease, a leading international property and infrastructure group and Ameresco, Inc. (NYSE: AMRC), a leading energy efficiency and energy infrastructure company, today announced the companies have partnered to modernize more than 5,800 privatized military housing homes at Island Palm Communities in Hawaii through a $150 million energy security and modernization project to provide turnkey energy efficiency improvements and new solar energy systems.

Ameresco and Lendlease established a joint venture in 2015 known as Energy Solutions and Security, LLC. This is the first project for the joint venture to focus on energy security and resiliency at a large privatized military housing community.

“This project is a first-of-its-kind joint venture for Ameresco, and we are proud to partner with Lendlease on this comprehensive energy modernization project to serve military service members and their families at Island Palm Communities,” said George P. Sakellaris, President and Chief Executive Officer of Ameresco. “Through this strategic endeavor, Ameresco continues to build upon its energy expertise in serving the broader U.S. Federal government market.”

“The project is designed to reduce energy consumption at Island Palm Communities by one-third and is the first step in a coordinated, multiphase strategy to provide net zero energy solutions to the residential community,” said Craig Carson, General Manager, Lendlease Energy Development. “This is a good example of Lendlease leveraging its energy development capabilities to provide comprehensive energy solutions to its customers.”

A variety of energy efficiency improvements will be made to the homes, including new highly-efficient HVAC systems to improve resident comfort, reduce mechanical outages, and standardize HVAC system type across the portfolio to lower O&M costs. The energy project will also provide housing envelope improvements, weatherization sealing, attic insulation, domestic water conservation, residential and street lighting improvements through LED lighting technology, as well as the installation of 6.1MW of new rooftop solar PV energy systems throughout Island Palm Communities. The additional solar deployment further reduces IPC’s net effective portfolio electric rate and carbon footprint by increasing the proportionate use of clean renewable energy and decreasing consumption of grid-supplied power.

Construction will begin in September 2018 and is expected to be completed by August 2021. Island Palm Communities is a partnership between Lendlease and the U.S. Army, and is the largest military residential privatization project awarded by the Army. The project supports the core mission of Island Palm Communities, as well as U.S. Army strategic energy priorities to enhance energy security, reliability and resiliency. Working in close partnership, Lendlease and the U.S. Army both see tremendous value in innovation that provides best-in-class results to the business.

The modernization project is designed after the Energy Savings Performance Contracting (ESPC) model and provides economic and environmental benefits to the long-term sustainability and reliability of Island Palm Communities. The alternatively-financed project allows for immediate upgrades to critical home equipment, such as legacy HVAC systems which need repair and replacement.

About Lendlease

Lendlease is a leading international property and infrastructure group with operations in Australia, Asia, Europe and the Americas. Our vision is to create the best places; places that inspire and enrich the lives of people around the world.

Headquartered in Sydney, Australia, and listed on the Australian Securities Exchange, Lendlease has approximately 12,740 employees internationally.

Our core capabilities are reflected in our operating segments of Development, Construction and Investments. The combination of these three segments provides us with a sustainable competitive advantage and allows us to provide innovative integrated solutions for our customers.

About Ameresco

Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco’s sustainability services include upgrades to a facility’s energy infrastructure and the development, construction and operation of renewable energy plants. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit

The announcement of a customer’s entry into an energy services contract is not necessarily indicative of the timing or amount of revenue from such contract, of the company’s overall revenue for any particular period or of trends in the company’s overall total construction backlog and assets in development or operation. This project was reported in our awarded backlog and assets in development as of March 31, 2018.

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PLYMOUTH, Ind., June 27, 2018 /PRNewswire/ -- SIMBA Chain in conjunction with ITAMCO and the University of Notre Dame has been awarded a $150,000 grant from the Department of Energy to develop a potential platform for a blockchain solution for the solar energy market.

Meters connected through blockchain recorded readings every second and can easily and quickly transfer energy to any user needing extra power.
Meters connected through blockchain recorded readings every second and can easily and quickly transfer energy to any user needing extra power.

The Blockchain as a Service (BaaS) company was first formed with a grant from the Defense Advanced Research Projects Agency to Indiana Technology and Manufacturing Companies to develop a secure and unhackable messaging and transaction platform for the U.S. military. Elevate Ventures has provided funding and ongoing support. A federal Small Business Innovation Research grant with the Center for Research Computing at University of Notre Dame also helped the company get established.

"Winning this second Blockchain SBIR grant shows that we're developing competency using this platform," said CEO Joel Neidig. "We're excited to demonstrate how blockchain technology could help the solar energy industry."

Because of how the solar energy industry has grown and changed, it's difficult for utilities to plan for when they will receive or need to distribute power. Because of all the variables, the flow of solar power to the utility from those who create it on small systems isn't predictable. Blockchain technology can help create a system for those creating power to sell it to the utility and for the utility to better plan. "This is trying to develop more of a marketplace to maximize the potential for all involved," said Neidig.

Blockchain lets all the users keep a distributed ledger in the cloud and preserves anonymity and verification when needed. That transactive grid supports interactions between users, prosumers and energy stations.

Jay Bartlett, CEO of Wabash Valley Power Association, said, "We believe the approach proposed by SIMBA Chain is novel and innovative, specifically in the development and application of a secure blockchain technology for transparency, efficient processing, and the accurate recording of transactions of utility-scale renewable energy." SIMBA Chain is also working with the Marshall County Rural Electric Membership Corp.

SIMBA Chain officials are meeting with power utilities and municipalities to gather information and build the architecture and proof of concept in phase I. "We believe we can develop this to win the $750,000 Phase II award for implementation and prototyping with energy providers and consumers," Neidig said.

About SIMBA Chain Inc.

SIMBA Chain Inc. ( was formed in 2017 from a grant awarded by the Defense Advanced Research Projects Agency (DARPA) to Indiana Technology and Manufacturing Companies (ITAMCO) and the Center for Research Computing at the University of Notre Dame in order to develop a secure, unhackable messaging and transaction platform for the U.S. military. SIMBA API is a robust and efficient decentralized distributed technology originally implemented for Defense Department communications. Its uses included communication between ground troops and their headquarters or between intelligence officers and the Pentagon.

ITAMCO was established in 1955 and is a large technology and manufacturing company that builds products for market sectors such as: mining, oil, gas, energy, aerospace and defense.


Joel Neidig, CEO of SIMBA Chain Inc. 
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The production volume of China's polysilicon reached 242,000 tons in 2017, representing a CAGR of 70% from 2007 to 2017. The newly installed photovoltaic bases in China reached 53 GW in 2017, ranking first in the world for five consecutive years. Also, the total installed capacity amounted to 130 GW, taking the first place for three consecutive years. Production scale of every link in the domestic industry chain all took over 50% of the global total and continued to be leading in the world.

The export value of photovoltaic products, including wafer, cell, module and inverter, totalled USD 15.777 billion in 2017, increasing by 5.3% YOY. The export value of wafer, cell, module and photovoltaic inverter was respectively USD 2.968 billion, USD 0.797 billion, USD 10.61 billion and USD 1.402 billion, with a respective YOY increase of 14.4%, 17.39%, -1.2% and 46.3%. In addition, the export volume respectively reached 4.404 billion, 3.36 GW, 30 GW and 15.92 million units.

According to research, solar grade polysilicon is the main raw material for crystalline silicon photovoltaic cells. On top of this, there were 22 polysilicon enterprises in normal production by 2017, with the effective capacity totalling 280,000 tons, up by 70,000 tons over 2016. Among them, major manufacturers include GCL Silicon Technology Holdings Inc., TBEA Co., Ltd., Daqo New Energy Corp., etc. Also, by the end of 2017, the aggregate capacity of 10 enterprises, each of which exceeded 10,000 tons, accounted for more than 70% of the country's total.

Since 2011, the Ministry of Commerce of the PRC has made a series of anti-dumping investigations on imported polysilicon, thereby restraining the imports to some extent and promoting the local polysilicon industry. In 2017, the production volume of polysilicon in the world amounted to 436,000 tons, of which China made up about 55.5%. However, China still imported 159,000 tons of polysilicon, with an import dependency of 39.8%. With the continuous expansion of the domestic polysilicon production capacity, the proportion of imports is expected to decline gradually.

With the advancement of technology in recent years, both the utilization efficiency of polysilicon and the photoelectric conversion efficiency have risen continuously. Relevant statistics show that in 2017, to produce 224 W silicon wafer needed 1 kg silicon materials. As technology develops in 2018 (especially with the progress of slicing technology) and monocrystalline silicon is more widely applied in the photovoltaic industry, 1 kg silicon materials can produce 280 W silicon wafer.

In 2017, the production volume of silicon wafer equivalent to the capacity of modules was 87.6 GW; while in 2018, the production volume of polysilicon is projected to reach 400,000 tons, and that of silicon wafer equivalent to the capacity of modules will amount to 112 GW. It is predicted that the total demand for photovoltaic modules in the global market will be 110 GW in 2018, and the capacity of China's polysilicon will even surpass the global demand.

Based on this analysis, the main driving force for the growth of China's polysilicon market in the next few years is still the demand from the photovoltaic industry, where the increase in domestic demand and exports is equally important. It is estimated that the emerging photovoltaic market will grow rapidly in the next few years. Among them, the installation demand mainly comes from Asia and America, and the market is also opening in Middle East and Africa.

It is predicted that the demand for polysilicon in the Chinese market still has large room to increase. Although the production of polysilicon can gradually meet the domestic demand, monocrystalline silicon has been popular since 2016, which needs to be made of high-quality polysilicon raw materials. Concerned about the quality of domestic polysilicon, Chinese manufacturers of single wafer still import high-purity one from Germany and South Korea. It is forecasted that China will import over 100,000 tons of polysilicon a year from 2018 to 2022.

Key Highlights

  • Economy and Policy Environment Faced by China's Polysilicon Industry
  • Development Status of Photovoltaic Industry
  • Anti-dumping Measures of Chinese Government against Imported Polysilicon
  • Supply and Demand of Polysilicon in China
  • Polysilicon Import and Export Levels in China, 2013-2017
  • Market Competition of Polysilicon in China
  • Price Trends of Polysilicon in China
  • Major Polysilicon Manufacturers in China
  • Driving Forces and Market Opportunities in the Polysilicon Industry
  • Risks and Challenges Faced by the Polysilicon Industry
  • Development Trends of China's Polysilicon Industry

Companies Mentioned

  • Asia Silicon (Qinghai) Co. Ltd.
  • CSG Holding Co. Ltd.
  • China Silicon Corporation Ltd.
  • Daqo New Energy Corp.
  • GCL Silicon Technology Holdings Inc. (GCL-Poly Energy Holdings Limited)
  • Guodian Inner Mongolia Jingyang Energy Co. Ltd.
  • Huanghe Hydropower Development Co. Ltd.
  • Inner Mongolia Dun'an Photovoltaic Science and Technology Co. Ltd.
  • Inner Mongolia Shenzhou Silicon LLC
  • Kunming Yeyan New-Material Co. Ltd.
  • LDK Solar Co. Ltd.
  • Shaanxi Tianhong Silicon Co. Ltd.
  • Sichuan Renesola Silicon Co. Ltd.
  • Sichuan Yongxiang Co. Ltd.
  • Xinte Energy Co. Ltd.

Key Topics Covered

1 Basic Concepts of Polysilicon Industry
1.1 Definition and Classification of Polysilicon
1.1.1 Definition
1.1.2 Classification
1.2 Analysis on Solar Polysilicon Industry Chain
1.2.1 Upstream
1.2.2 Downstream

2 Development Environment of Solar Polysilicon Industry in China, 2015-2018
2.1 Economic Environment of Polysilicon Industry
2.1.1 Chinese Economy
2.1.2 Global Economy
2.2 Policy Environment of Polysilicon Industry
2. 2. 1 Analysis on Industry Policies
2.2.2 Anti-dumping and Subsidies and Countervailing Investigations on Imported Polysilicon by Chinese Government
2.2.3 Access Conditions of Polysilicon Industry

3 Analysis on China Polysilicon Industry, 2013-2017
3.1 Analysis on Polysilicon Supply
3.1.1 Analysis on Capacity
3.1.2 Analysis on Production Volume
3.2 Analysis on Polysilicon Demand in China
3.2.1 Overall Demand
3.2.2 Demand in Niche Markets
3.3 Analysis on Polysilicon Price in China, 2015-2017
3.3.1 Price Trend of Polysilicon in China, 2015-2017
3.3.2 Forecast on Polysilicon Price in China, 2018-2022

4 Import and Export of Polysilicon in China, 2015-2017
4.1 Analysis on Polysilicon Import in China, 2015-2017
4.1.1 Overview of Polysilicon Import in China, 2013-2017
4.1.2 China's Major Import Sources of Polysilicon, 2015-2017
4.2 Analysis on Polysilicon Export in China, 2015-2017
4.3 Major Factors Influencing Import and Export of Polysilicon in China
4.3.1 Production Cost
4.3.2 Trade Protectionism

5 Development Status of China Photovoltaic Industry, 2013-2017
5.1 Factors Influencing Development of Photovoltaic Industry in China
5.1.1 International Market
5.1.2 Policy Environment
5.1.3 Domestic Market
5.1.4 Technology
5.1.5 Production Cost
5.2 Analysis on Photovoltaic Supply in China, 2013-2017
5.2.1 Analysis on Capacity
5.2.2 Analysis on Production Volume
5.2.3 Production Volume Structure
5.3 Photovoltaic Market Demand in China, 2013-2017
5.3.1 Overall Market Demand
5.3.2 Demand in Segment Markets
5.4 Photovoltaic Export in China, 2013- 2017
5.4.1 Export Overview
5.4.2 Major Export Destinations
5.4.3 Trade Barriers

6 Analysis on Major Polysilicon Manufacturers in China, 2015-2018
6.1 GCL Silicon Technology Holdings Inc. (GCL-Poly Energy Holdings Limited)
6.1.1 Enterprise Profile
6.1.2 Operation Status
6.2 Xinte Energy Co., Ltd.
6.3 Sichuan Yongxiang Co., Ltd.
6.4 Daqo New Energy Corp.
6.5 China Silicon Corporation Ltd.
6.6 Asia Silicon (Qinghai) Co., Ltd.
6.7 CSG Holding Co., Ltd.
6.8 LDK Solar Co., Ltd.
6.9 Inner Mongolia Dun'an Photovoltaic Science and Technology Co., Ltd.
6.10 Sichuan Renesola Silicon Co., Ltd.
6.11 Kunming Yeyan New-Material Co., Ltd.
6.12 Guodian Inner Mongolia Jingyang Energy Co., Ltd.
6.13 Inner Mongolia Shenzhou Silicon LLC
6.14 Shaanxi Tianhong Silicon Co., Ltd.
6.15 Huanghe Hydropower Development Co., Ltd.

7 Prospects of China Solar Polysilicon industry, 2018-2022
7.1 Analysis on Factors Influencing Development of China Polysilicon Industry, 2018-2022
7.1.1 Major Driving Forces and Market Opportunities
7.1.2 Risks and Challenges
7.2 Forecast on Polysilicon Supply in China, 2018-2022
7.2.1 Forecast on Capacity
7.2.2 Forecast on Production Volume
7.3 Forecast on Polysilicon Demand in China, 2018-2022
7.3.1 Forecast on Polysilicon Demand in China
7.3.2 Forecast on Polysilicon Import in China, 2018-2022
7.4 Investment and Recommendations on Development in China Polysilicon Industry

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DOVER, N.J., June 27, 2018 /PRNewswire/ -- Casio America, Inc. announced today the newest addition to their women's line of timepieces with the G-MS Watch Collection. A mix of trendy metal details and practical features, the G-MS line is designed to reflect the strength and beauty of today's active, modern woman.

The MSGS200 Timepieces Offer Trendy Metal Details and Practical Functions
The MSGS200 Timepieces Offer Trendy Metal Details and Practical Functions

An extension of the G-SHOCK brand known for its absolute toughness, the new MSGS200 Collection, the first in the new G-MS line, features a resin band with stainless steel bezel.  The bezel treatment is made of forged stainless steel and features mirror and hair-line finishing on the surface to enhance the overall look.  These new Spring/Summer introductions feature analog digital time displays and come in three colorways; MSGS200-7A sports a white resin band with silver bezel; MSGS200G-1A a black resin band with rose gold bezel; and the MSGS200G-7A has a white resin band and rose gold bezel.

Whether spending the day at the office, heading to happy hour or running to an appointment, the MSGS200 not only complements a range of fashion styles but also includes practical features:

  • Water resistance up to 100 meters
  • Shock resistance
  • Solar Powered Battery
  • Super Illuminator LED Light
  • World Time (31TZ/48 Cities)
  • Full Auto Calendar
  • Daily Alarm
  • 1/100th Second Stopwatch
  • Countdown Timer

Casio's new G-MS MSGS200 Collection will retail for $150 to $170 and be available at select jewelers,, and the G-SHOCK Soho store. For more information about these women's watches, visit

About Casio America, Inc.
Casio America, Inc., Dover, N.J., is the U.S. subsidiary of Casio Computer Co., Ltd., Tokyo, Japan, one of the world's leading manufacturers of consumer electronics and business equipments solutions, established in 1957. Casio America, Inc. markets calculators, keyboards, digital cameras, mobile presentation devices, disc title and label printers, watches, cash registers and other consumer electronic products. Casio has strived to realize its corporate creed of "creativity and contribution" through the introduction of innovative and imaginative products.  For more information visit our website at

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