LAS VEGAS, Jan. 9, 2018 /PRNewswire/ -- Angel investors and venture capitalists selected the most investable startup from 12 finalists representing  the hottest companies that took the stage at  the sixth annual ShowStoppers® LaunchIt, the official "pitch" event for startup companies that exhibit at Eureka Park during CES 2018.

The winner is Paris-based Velco, which designs and sells solutions for smarter, personalized urban mobility, including the Wink Bar, the first connected handlebar. Designed for bike delivery services, tourists and every-day bikers, the Wink handlebar integrates 224 Lumen headlights that switch on automatically when it becomes dark; connects to an app for navigation, signaling turns to riders and drivers; connects to mobile phones for incoming calls and messages; and alerts riders to potential theft, with tracking if the bike is stolen. An app also tracks ride history and statistics. The company is preparing for its second round of financing, seeking $2 million.

Velco will exhibit and meet with more than 1,300 journalists expected to attend ShowStoppers @ CES, the press event, tonight, 9 January at the Wynn Hotel.

"ShowStoppers LaunchIt", a CES 2018 Media Day Power Session, took place January 8, at Mandalay Bay.

Working with the Consumer Technology Association (CTA), ShowStoppers LaunchIt helps entrepreneurs and startups raise early seed capital by selecting from the more than 900 young, innovative, transformative and entrepreneurial startups that exhibit in Eureka Park, a marketplace within CES where retailers, venture capitalists, manufacturers and others will find entrepreneurs launching new products, services, apps and ideas.

The finalists were:

  • Athom, Enschede, Netherlands -- maker of Homey, the heart of the smart home.
  • Big Boy Systems, Wavre, Belgium – which developed and patented a camera and audio system made to see and hear like a human, recording in 3D and streaming content to VR headsets – used for surgery, psychology, technical training, education and entertainment.
  • Cardiomo Care Inc., New York City – maker of wearable technology and an analytics platform for heart disease prevention.
  • Cinema Snowglobes, San Francisco – the beloved nostalgic snowglobe, reinvented for the 21st Century.
  • Cubomania, Mykolaiv, Mykolaivs'ka oblast, Ukraine – interactive cubes to help children develop motor skills, logic, mathematics, financial literacy.
  • Pebby Corp., Sunnyvale, CA – a robotics company that strengthen the bonds between pet parents and pets, anytime, anywhere.
  • Picoo, Eindhoven, Netherlands – a robust, no-screen handheld that uniquely combines what kids love: interactive technology and active play.
  • Robomart, Santa Clara– a fleet of on-demand, autonomous, self-driving stores for grocery retailers.
  • SolarGaps, San Francisco– solving the world's energy crisis with a network of distributed-energy solutions for Smart Cities.
  • We.Stream, Amsterdam – which provides secure mobile WiFi hotspots with embedded Cloud SIM technology to enable unlimited data in 100+ countries.
  • Zhor-Tech, Nancy, France – which pioneers smart shoes.

This year's judges were:

  • Nicholas Zaldastani, managing director, Zaldastani Ventures and a Mentor Capitalist leveraging his venture capital and serial entrepreneurial experiences.
  • Marita McGinn, manager of hardware products, Indiegogo, an international crowdfunding platform.
  • Sharona Justman, a businesswoman known for connecting companies and leaders to align in creating rich opportunities for business. She co-founded STEP Strategy Advisors, an advisory firm focused on technology and consumer products providing strategic planning and acquisitions advisory to facilitate expanding the growth of companies through market entry expansion planning and execution.
  • Arthur Rubinfeld, former chief creative officer and president, Global Innovation and Operational Lead of Starbucks Reserve Roasteries for Starbucks Coffee and Founder of AIRVISION. Rubinfield is the author of Built for Growth: Expanding Your Business Around the Corner or Across the Globe.

About CES:
CES® is the world's gathering place for all who thrive on the business of consumer technologies. It has served as the proving ground for innovators and breakthrough technologies for 50 years-the global stage where next-generation innovations are introduced to the marketplace. As the largest hands-on event of its kind, CES features all aspects of the industry. Owned and produced by the Consumer Technology Association (CTA)™, it attracts the world's business leaders and pioneering thinkers. Check out CES video highlights. Follow CES online at CES.tech and on social.

About Consumer Technology Association:
Consumer Technology Association (CTA)™ is the trade association representing the $351 billion U.S. consumer technology industry, which supports more than 15 million U.S. jobs. More than 2,200 companies – 80 percent are small businesses and startups; others are among the world's best known brands – enjoy the benefits of CTA membership including policy advocacy, market research, technical education, industry promotion, standards development and the fostering of business and strategic relationships. CTA also owns and produces CES® – the world's gathering place for all who thrive on the business of consumer technologies. Profits from CES are reinvested into CTA's industry services.

About ShowStoppers
Now in its 24th year, ShowStoppers is the global leader in producing press and business events spanning the US, Europe and Asia. Each event organizes product introductions, sneak previews and demonstrations for selected journalists, bloggers, industry and financial analysts, venture capitalists and business executives. Industry leaders, innovators and startups exhibit to generate news coverage and product reviews, make new connections, promote brand, and open new markets. ShowStoppers produces events at CES, Mobile World Congress and Mobile World Congress Americas, among others; the official press events at CE Week, IFA, and NAB; and partners with CES and CTIA.

For questions relating to the ShowStoppers LaunchIt event, contact Dave Leon, director of sales, +1-845-638-3527.

Contacts:

Allie Fried
Consumer Technology Association
+1-703-907-7603

Steve Leon 
Partner, ShowStoppers
+1-310-936-8530

Photos are posted to www.facebook.com/showstopperspress

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SOURCE ShowStoppers

Related Links

http://www.showstoppers.com

Read more: Velco's connected handlebar for cyclists wins...

BOSTON, Jan. 9, 2018 /PRNewswire/ -- CIMCON Lighting, the leading global provider of Intelligent Lighting Controls and Smart City technologies, announced that it finished 2017 with record growth across all areas of the company, including customer deployments, new employees, capital investment, innovative product introductions and industry recognition.

During the year, the company increased its global footprint to over 20 countries including Japan, Guatemala, Nigeria, Israel and Poland. CIMCON completed multiple large-scale strategic projects, including the installation of 35,000 intelligent streetlight controls for the Jamaica Public Service Company (JPS), and 43,000 intelligent streetlighting controls for the City of Halifax, Nova Scotia as part of the City's LED streetlight conversion project.

In May 2017, the company announced a $15 million Series B funding round led by Energy Impact Partners (EIP), a collaborative venture capital firm that counts leading utilities as limited partners. The investment has been used to support CIMCON's channel partners, accelerate the development and deployment of the company's Smart City product portfolio and double the size of the company's global sales and technical support staff.

2017 also saw many new hardware and software product introductions by the company. Most notably was the introduction of the CIMCON NearSky™ platform which brings the "Internet of Outdoor Things" to a city by enabling a variety of Smart City devices, sensors and smartphone apps to help deliver on the promise of a Smart City.

The CIMCON NearSky™ platform coupled with the CIMCON NearSky 360 sensor hub provides a sturdy, scalable landing platform for data from sensors, controls and devices on or near any streetlight pole. CIMCON's NearSky Vue information hub also enables a city to easily collect, aggregate, visualize and understand data from a wide range of instrumented assets.

CIMCON added to its smartphone application portfolio with the introduction of several safety apps, including a Blue Light App for college and business campuses, and a Park Safety app to provide emergency assistance when needed through the simple activation of a button. A First Responder app was also introduced to allow First Responder professionals to bring streetlights up to full illumination if needed when responding to an emergency.

CIMCON was also recognized by Business Insider as the 6th hottest enterprise startup of 2017.

"2017 has been a very positive year for CIMCON Lighting," said Anil Agrawal, CEO. "Our growth has established a solid foundation that we will continue to build upon in 2018, including additional new innovative product introductions, the launch of a managed services business and continued global expansion."

About CIMCON Lighting, Inc.

With a heritage of over 25 years of innovation and experience in industrial automation and outdoor wireless applications, CIMCON Lighting is the world's leading provider of scalable, intelligent wireless outdoor lighting management solutions for traditional, LED and solar-based street lights along with a variety of Smart City devices and applications. Focused on offering solutions that provide the lowest "Lifecycle Cost of Ownership," CIMCON provides hardware and software technologies that allow Cities and Utilities to monitor, maintain and in many cases, monetize their lighting assets and other devices on or near the light pole. CIMCON's "Just in Time Lighting™," reduces energy, maintenance and repair costs while improving the quality of lighting services and enabling the path to a Smart City. CIMCON's lighting management solutions are appropriate for roadways, parking lots and parking garages, corporate and university campuses and a variety of industrial applications. For more information please visit www.cimconlighting.com.

Media Contact:

Heidi Sporel, Director Marketing, Tel: (978) 392-4091, Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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SOURCE CIMCON Lighting

Read more: 2017 - a Record Year for CIMCON Lighting

LAS VEGAS, Jan. 8, 2018 /PRNewswire/ -- Smart home technology leader Nexia™, a brand of Ingersoll Rand (NYSE: IR), today announced breakthrough feature and product innovations, RoomIQ and Trane XL724, at the Consumer Electronics Show (CES) 2018. Nexia, the smart home system that gives those with active lifestyles a better way to do everyday tasks and spend more time enjoying life, will be showcasing these innovations at Pepcom on Monday, Jan. 8, and the Z-Wave Experience House (booth #41717).

RoomIQ by Nexia, a feature for Trane and American Standard Heating, Ventilation, and Air Conditioning (HVAC) comfort systems, will use the system's Nexia-enabled thermostat and Nexia smart home triggers to customize the heating and cooling experience. RoomIQ goes beyond scheduling and adapts the comfort control to occupied rooms. It customizes comfort levels using cues from the Nexia system - motion detection, flip of light switches or any trigger the user chooses– to determine when a room is occupied and then ensures the comfort in those rooms takes priority over unoccupied rooms.

RoomIQ will work simultaneously with Trane's new ZSENS930 Wireless Temperature Sensor. Small enough to fit in the palm of a hand, this sensor reports the temperature and humidity data that lets RoomIQ determine what temperature set point meets the needs at that moment. When used in conjunction with the RoomIQ feature, the HVAC system can average temperatures between selected rooms to help the system reach ideal comfort conditions. For example, during the day a home may be controlled based on comfort in the common areas downstairs, and at night control the comfort  of the bedrooms upstairs. These low-cost wireless sensors are Z-Wave compatible and designed to be paired with Trane's existing line of thermostats and HVAC systems. Users can conveniently configure and control their ideal comfort conditions with their iOS or Android smartphone via the Nexia app.

The Trane XL724 is a programmable, touch-screen thermostat with WiFi connectivity that can remotely control a home's temperature to help suit the user's lifestyle and reduce energy consumption. The thermostat can be easily controlled from a smartphone, tablet or computer and is fully compatible with Nexia Diagnostics for remote monitoring by licensed HVAC professionals. It also allows users basic control of their home's heating and cooling by creating up to four different schedules within a day and advanced control via the power of Nexia's geofencing feature.

In addition to launching new products at CES 2018, Nexia will be the controlling smart home application for this year's Z-Wave Experience House. To showcase the versatility and breadth of Nexia, which works with more than 500 devices from more than 80 manufacturers, the Z-Wave House will connect and control a wide variety of smart products through the Nexia platform. To witness Nexia in action at the Z-Wave house, visit booth 41717. At Pepcom, Nexia will be exhibiting Nexia Flow, a heat map that displays where Nexia is utilized across the United States, proving that it is the leading connected platform within the builder community.

Nexia's RoomIQ, ZSENS930 Wireless Temperature Sensor, and Trane XL724 will be available in the first half of 2018. For more information, visit www.nexiahome.com.

Nexia is exhibiting its RoomIQ, ZSENS930 Wireless Temperature Sensor, and Trane XL724 at CES/Pepcom 2018. To schedule a meeting with the brand at CES, please reach out to Bruno Solari (This email address is being protected from spambots. You need JavaScript enabled to view it. | 305.335.9180).

About Nexia
Nexia is a leading smart home system and a brand of Ingersoll Rand (NYSE: IR). Powered primarily by secure Z-Wave and Wi-Fi technology, Nexia allows users to expand their systems with hundreds of devices from some of the nation's top manufacturers – including Amazon, Schlage, General Electric, First Alert, Rachio, GoControl, Fibaro, Trane, American Standard Heating and Air Conditioning, Andersen and Pella – to create a truly smart home that adjusts to busy lives. For more information, visit www.nexiahome.com.

About Ingersoll Rand
Ingersoll Rand (NYSE: IR) advances the quality of life by creating comfortable, sustainable and efficient environments. Our people and our family of brands — including Club Car®, Ingersoll Rand®, Thermo King®, American Standard® and Trane® — work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; and increase industrial productivity and efficiency. We are a $13 billion global business committed to a world of sustainable progress and enduring results. Trane solutions optimize indoor environments with a broad portfolio of energy efficient heating, ventilating and air conditioning systems, building and contracting services, parts support and advanced control.  For more information, visit www.ingersollrand.com.

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SOURCE Nexia

Related Links

http://www.nexiahome.com

Read more: CES 2018: Nexia Introduces Innovative New...

LAS VEGAS--(BUSINESS WIRE)--Consumers will soon be able to hold the power of COAL in their hands. A next-generation energy brand that brings the latest innovations in solar power and energy storage to consumers, COAL products will be available for a first look at the 2018 Consumer Electronics Show.

COAL Meta Power Plant
The COAL Meta Power Plant is a portable solar panel and power plant prototype that inspired the brand’s tagline, Fuel Without the Fossil. The 40,000 mAh battery plus 60 Watt solar panel weighs just under 6 pounds, making users’ off-grid experiences light, powerful and practically endless.

Select specs: COAL Meta Portable Solar Power Plant

  • 60 Watts of solar and 40,000 mAh of off-the-grid renewable power
  • Weighs less than 6 pounds
  • Power plant charges with solar in 4 hours, and charges from AC wall socket in 3 hours or less

COAL Catalyst
COAL Catalyst is a power bank that pairs portable power with sleek design, allowing users to charge their mobile devices rapidly wherever they are. And, COAL Catalyst is not just another pretty face: It’s hardworking, charging this year’s Android and Apple phones up to 45 percent in only 30 minutes. COAL Catalyst is compatible with iPhone 8, iPhone 8 Plus and iPhone X; as well as Samsung Galaxy, Pixel 2 and others. It works with tablets, smartwatches, cameras and more.

“COAL Catalyst is energy with attitude,” said Elizabeth Sanderson, chief marketing officer, Sunflare Inc., parent company of COAL. “Getting the quickest charge can be a tricky business. There are so many variables — the cord, the power bank, the device, the wall charger — and the developers of COAL Catalyst have thought through all of it to bring the fastest, best-looking power possible. The COAL Catalyst Power Bank brings juice to the table, providing consumers with the means to express a point of view through what they carry. It delivers simple power with speed, ease and style.”

Select specs: COAL Catalyst Power Bank

  • Qualcomm Quick Charge 3.0 (QC3) charges up to four times faster than conventional chargers; INOV technology provides optimal voltage
  • Type C USB has faster power and data transfer; it’s where the industry is headed from micro and lightning connectors
  • Three-headed adapter cable demonstrates that when it comes to cables, “fatter and shorter is better” by allowing maximum current to flow to the charger and with a faster charge than standard cables

The design aesthetic — both inside and out — is another key differentiator for COAL products. “No one else combines simple, fast, hardworking energy storage with a clean, sleek design,” said Sanderson. “COAL Catalyst and COAL Meta will appeal to consumers who are plugged into today’s world and care about the future. It’s accessible technology everyone can use.”

Additionally, COAL offers a separate Fast-Charge Set wall charger and cord that provides the fastest charging capabilities available for Apple and Android devices. It’s a complete solution to charging phones and other devices quickly.

Find out more about the power of COAL at booth #45143 in Sands, Halls A-D at CES 2018.

About Sunflare Inc.
Sunflare began as a dream for founder Len Gao. After graduating from college in China, Len came to Los Angeles to earn his MBA with $200 in his pocket and limited English language skills. Len knew that someday he wanted to create a world-changing technology. He began by founding Kinfine USA Inc. — a successful furniture business in 1989. In 2009, Len discovered an innovative solar concept and began perfecting Capture4 solar technology, beginning the journey to revolutionizing energy storage. COAL is the newest brand under the Sunflare banner.

Read more: COAL: Fuel Without the Fossil

LAS VEGAS, Jan. 9, 2018 /PRNewswire/ -- Today at CES 2018, GO-TOUGH, an electronics company specializing in ultra-durable chargers and accessories, officially launched its company and debut product line. Both the core and exterior of GO-TOUGH products are forged from materials that can withstand harsh treatment and conditions including extreme temperatures, excessive rain, dust and wind.

The product that best characterizes the brand's mission is the GO-TOUGH PowerStation.

GO-TOUGH PowerStation
GO-TOUGH PowerStation

Equipped with 444W (120,000mAh) and an IP66 rating, the GO-TOUGH PowerStation sets a new standard for universal charging; the portable, multi-functional battery can jumpstart your vehicle, charge multiple devices simultaneously, light up your workspace, and wirelessly play up to 40 hours of music. To learn more, visit www.go-tough.com or join GO-TOUGH at The Fesco Group's CES booth in Las Vegas to learn more about the brand and check out this versatile new product (CES's Central Hall, Fesco Group Booth #17318).

"GO-TOUGH was created for people who demand durability and want to be prepared for every possible situation," said Raymond Levy, COO of GO-TOUGH parent company Fesco Distributors. "The PowerStation is designed to power virtually any type of device, even in extreme conditions. Whether you're out camping or using it during a power outage, the PowerStation is the ultimate portable battery supply for aspiring and established pros."

More Powerful Than Ever
The PowerStation packs a 444W punch and can be charged in your home, car, or outdoors using AC power or solar energy. The size of an average toolbox, this portable battery is equipped with six charging methods including:

  • AC Output: 110V
  • DC Output: 12V / 10A
  • Dual USB Ports: 5V / 2.4A each (Quick Charge)
  • AC Inverter: 50 / 60Hz Continuous 300W, 600W surge pure-sine wave inverter
  • Car Jump Starter: 20V (20,000mAh)
  • Qi Wireless Charger: 10W (Quick Charge)

Lighting the Way
The PowerStation boasts value-added features that elevate the device from an asset to a necessity, including:

  • IP66 Rating
  • Waterproof, Shockproof Exterior
  • 40W Wireless Stereo Speaker (up to 40 hours of play time/ option for AUX)
  • Flashlight
  • LED Display

ABOUT GO-TOUGH
Launched at CES 2018, GO-TOUGH set a new standard for rugged chargers and mobile accessories. GO-TOUGH products aren't for the average consumer; they're for people who stress-test their equipment daily and think that being "over prepared" is a myth. Our products are designed to work in the harshest conditions including extreme temperatures, excessive rain, dust, and vibrations. Whether you're an aspiring professional or an established pro, high-quality GO-TOUGH products help you get the job done right.

Press and Sales Contact: Raymond Levy, 1-212-260-0666, This email address is being protected from spambots. You need JavaScript enabled to view it.

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SOURCE GO-TOUGH

Related Links

http://www.go-tough.com

Read more: New electronics company GO-TOUGH™ upends...

JUNO BEACH, Florida, 8 de enero de 2018 /PRNewswire-HISPANIC PR WIRE/ -- Florida Power & Light Company (FPL) anunció hoy que 140 trabajadores del tendido eléctrico y personal de apoyo adicionales fueron desplegados a Puerto Rico para ayudar a restablecer el servicio eléctrico en las áreas afectadas por el Huracán María. Cientos de miles de personas continúan sin servicio eléctrico casi cuatro meses después de que esta tormenta destructiva devastó la isla.

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"Como parte del compromiso de FPL de ayudar a restablecer el servicio eléctrico a nuestros compatriotas estadounidenses de Puerto Rico, nuestros empleados dedicados trabajaron incansablemente durante los días festivos – tanto en la isla como aquí en casa – para prepararse para la siguiente ola de apoyo", dijo Eric Silagy, presidente y director ejecutivo de FPL. "Proporcionar ayuda mutua es esencial para la industria de la energía eléctrica, y nuestros trabajadores del tendido eléctrico están altamente entrenados, bien equipados y listos para comenzar a trabajar una vez que lleguen a Puerto Rico. Sabemos lo difícil que es estar sin energía eléctrica, es por esto que estamos preparados para permanecer en Puerto Rico el tiempo que nuestra asistencia y nuestra experiencia sea solicitada".

Todos los 3.5 millones de residentes de la isla quedaron sin servicio eléctrico debido al Huracán María a finales de septiembre. Los trabajadores del tendido eléctrico y el personal de FPL forman parte de una contingencia de casi 1,500 trabajadores de a lo largo del país. A fines de diciembre, FPL comenzó a transportar a Puerto Rico vehículos y equipos eléctricos vía barcazas que salieron desde el Puerto de Fort Pierce en el Condado St. Lucie, Florida.

Los trabajadores del tendido eléctrico y personal de apoyo de la empresa trabajarán con el Equipo de Manejo de Incidentes (IMT, por su sigla en inglés) de 10 personas de FPL que ha estado trabajando en Puerto Rico desde el 10 de diciembre. Los empleados de FPL representan a uno de los siete equipos IMT asignados a siete regiones de la isla que colaboran con la Autoridad de Energía Eléctrica de Puerto Rico (AEE), el Cuerpo de Ingenieros del Ejército de los EE. UU. (U.S. Army Corps of Engineers, USACE), la Agencia Federal de Manejo de Emergencias (Federal Emergency Management Agency, FEMA) y los contratistas de servicios eléctricos que ya están restableciendo la energía. El equipo IMT de FPL continuará brindando apoyo para restablecer el servicio eléctrico en la región de Bayamón, al oeste de San Juan.

El apoyo de FPL para el restablecimiento del servicio eléctrico comenzó en Puerto Rico después de que la empresa de energía completara su propio restablecimiento en los días posteriores al paso del Huracán Irma. En los días inmediatamente posteriores al Huracán María, NextEra Energy, la empresa matriz de FPL, donó $100,000 e igualó las donaciones de los empleados para ayudar a las personas afectadas por la tormenta. Muchos empleados también organizaron actividades para recaudar fondos y establecieron centros de acopio de suministros para ayudar a las personas afectadas en toda la isla.

"Sentimos una responsabilidad de ayudar a acelerar los esfuerzos de restablecimiento del servicio eléctrico en Puerto Rico, en parte porque muchos de nuestros clientes y empleados tienen vínculos estrechos con la isla, pero en gran parte porque es lo correcto", dijo Manny Miranda, vicepresidente ejecutivo de suministro de electricidad de FPL. "Habiendo completado recientemente el restablecimiento sin precedentes del servicio eléctrico a más de 4.4 millones de clientes de FPL después del Huracán Irma, confío en que nuestro equipo de trabajadores del tendido eléctrico, gerentes y personal de apoyo altamente calificados comenzarán pronto a marcar una diferencia para muchos de nuestros compatriotas estadounidenses".

Desde un punto de vista operativo, FPL coordinó la entrega de miles de postes eléctricos y otros equipos a Puerto Rico y acompañó al Gobernador de la Florida Rick Scott a la isla en noviembre. Desde entonces, el liderazgo de FPL ha permanecido en Puerto Rico compartiendo su experiencia técnica y guiando el trabajo de restablecimiento del servicio eléctrico. El Gobernador Scott estableció como compromiso prioritario ofrecer apoyo a los ciudadanos de Puerto Rico tras el paso del Huracán María, comunicándose de manera regular con el Gobernador Ricardo Rosselló, viajando a la isla para brindar asistencia estatal y reuniéndose periódicamente con FPL para recibir información sobre el progreso.

La asistencia mutua de distintos sectores de la industria de la energía es un factor crítico para el restablecimiento del servicio eléctrico después de incidentes climáticos severos, como huracanes, tormentas de nieve y tornados. En septiembre, brigadas de 30 estados y de Canadá viajaron a la Florida para apoyar el restablecimiento de energía después del Huracán Irma. De hecho, esta mano de obra, combinada con la inversión de FPL de más de $3 mil millones durante la última década para construir una red eléctrica más resistente e inteligente, ayudó a reducir la cantidad de días necesarios para el restablecimiento del servicio eléctrico.

De igual manera, en el pasado, el personal de FPL ha viajado por el país para ayudar a restablecer el servicio eléctrico después de eventos climáticos severos, incluyendo el despliegue de aproximadamente 1,000 empleados de FPL en la región noreste tras el paso de la súper tormenta Sandy en 2012. Recientemente, más de 300 hombres y mujeres fueron trasladados a Maine y Connecticut para asistir con las tareas de restablecimiento del servicio eléctrico después de una tormenta Nor'easter en octubre.

Florida Power & Light Company
Florida Power & Light Company es la tercera empresa de energía eléctrica más grande en los Estados Unidos, y proporciona servicio a casi 5 millones de cuentas de clientes, o a alrededor de 10 millones de personas, en alrededor de la mitad del estado de la Florida. La cuenta típica de cliente residencial de 1,000-kWh de FPL es aproximadamente un 25 por ciento más baja que el promedio nacional y, en 2016, fue la más baja en la Florida por séptimo año consecutivo entre las empresas de energía eléctrica que reportan estos datos. La fiabilidad del servicio de FPL es superior al 99.98 por ciento, y sus plantas de energía de uso altamente eficiente del combustible son de las más limpias entre todas las empresas de energía eléctrica del país. La empresa recibió la mayor clasificación en el sur de los EE. UU. entre las grandes empresas de energía eléctrica de todo el país, de acuerdo con el Estudio de Satisfacción de Clientes Residenciales de Empresas de Energía Eléctrica 2016 de J.D. Power, y fue reconocida en el 2017 por Market Strategies International como una de las empresas de servicio público más fiables de los EE. UU. Siendo un empleador líder en la Florida con aproximadamente 8,900 empleados, FPL es una subsidiaria de NextEra Energy, Inc. (NYSE: NEE), con su sede en Juno Beach, y es una compañía de energía limpia ampliamente reconocida por sus esfuerzos en lo referente a la sostenibilidad, la ética y la diversidad, y ha sido clasificada en el puesto N.º 1 entre las empresas de electricidad y gas en la lista Fortune de 2017 de las "Empresas más Admiradas del Mundo". NextEra Energy también es la compañía matriz de NextEra Energy Resources, LLC, que, junto con sus entidades afiliadas, es uno de los mayores generadores de energía renovable eólica y solar del mundo. Para más información sobre las compañías de NextEra Energy, visite estos sitios de Internet: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.

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FUENTE Florida Power & Light Company

SOURCE Florida Power & Light Company

Related Links

http://www.FPL.com
http://www.nexteraenergy.com

Read more: Brigada de Florida Power & Light Company...

LAS VEGAS, Jan. 8, 2018 /PRNewswire/ -- 2018 marks the 100th anniversary of Panasonic's founding. As well as expressing thanks for the company's success over the past 100 years, this year's booth at CES will focus on visual content to introduce the company's future vision that will pave the way to the next 100 years. The booth is divided into four zones—Immersive Entertainment, Connected World, Sustainable Energy, and Integrated Supply Chain—to highlight how Panasonic's proprietary technologies are helping make daily life a better experience and reflect solution categories within the repositioning of the Panasonic brand in the North American region. 

Panasonic is also hosting Panasonic Live @ CES 2018, where six specialist social influencers from the entertainment, mobility, energy, and supply chain fields will lead panel discussions via live video broadcast directly from the show floor. Archive videos of the January 8 press conference, in addition to Technics products and smart devices on display at the Tech West venue, will also be featured:

URL: http://www.panasonic.com/CES
Hashtag: #PanasonicCES

Main Exhibits at the Panasonic Booth

Vision Area

History & Philosophy

 

 

 

Meet Mr. Matsushita—The Founder's Enthusiasm and Imagination

A video revealing the past 100 years and management philosophy of Panasonic through the words of founder Konosuke Matsushita.

 

Panasonic DNA

Panasonic has grown together with advances in home appliances. Through the display of notable products from the history of the company and dynamic projection technology, this exhibit demonstrates how technologies developed through Panasonic's consumer business are incorporated in today's B2B solutions.



Vision Theater

A large screen shows Panasonic's vision for the year 2030 in which it aims to contribute to the improvement of people's lives and society through four key areas: Living Space, Supply Chain, Mobility, and Environment (Energy).



Concept Exhibit

Living Space Autonomous Cabin—A future space proposing new value on how to spend time in the car in the age of autonomous driving

By 2030, when fully autonomous vehicles are expected to be common, there will be a significant change in how we spend time in the car. This exhibit introduces concepts for comfortable car interiors in the future that can be adjusted to suit four settings—Living Room, Business, Relax, and Entertainment.

 

Home X

Taking advantage of its portfolio in a wide variety of lifestyle-related products, Panasonic has developed the Home X Project, which aims to create new value in the home experience through user-experience and user-interface design ideally suited to different living spaces. Video presentations will introduce the concept behind Home X and introduce activities of Panasonic ẞ, a new team set up in Silicon Valley to do research into what a home should be.

 

Panasonic Environment Vision 2050

Georamas and projection mapping demonstrate Panasonic's long-term vision for life in 2050—one in which society further utilizes clean energy and one where the amount of energy created exceeds the amount of energy used. 

Solutions Area

Immersive Entertainment

 

Using AV solutions and sports analyses solutions anticipated for 2025-2030, Immersive Entertainment offers a completely new entertainment experience.

 

Customer Engagement Technologies

Panasonic's entertainment-related business provides a full suite of wide ranging solutions that maximize customer value. This exhibit introduces the technologies behind it through visual content and demonstrations.

 

3D Projection Mapping

The system detects the locations of the objects which will be projected on. Based on the positional information, the system automatically generates images from 3D content from the viewpoint of the projector. This eliminates the need for precise mapping, making projection mapping easier than ever before.

 

LinkRay-AR

This technology uses the flickering of LED light to send information to your smartphone. You can receive the signals using your smartphone's camera and a dedicated app. This Cloud service displays related information as augmented reality (AR) on top of the image seen through the camera, to improve fan engagement.

 

Advanced AV Solutions

Panasonic proposes a new form of entertainment that allows for sharing the excitement of live performances with people in remote places. For example, by using a variety of Panasonic's technologies such as 3D scanning, data compression and transfer, and spatial design, a whole town can be turned into a huge stage for a live Augmented Reality performance. Here, visitors can experience an immersive, whole new world of entertainment created with videos, lights and sounds developed in cooperation with Japan's leading entertainment company Avex.

 

Smart Venue Solutions

Anticipating a time when AR devices will resemble a pair of smart-glasses, this exhibit demonstrates a simulated experience in a future stadium. The ability to project a variety of information into any device and in any situation will enhance the stadium experience.

 

Connected World

 

Connected World introduces the activities of two mobility businesses, automotive and avionics.

 

Automotive

 

Smart Design Cockpit/Smart Vision Cockpit

On display are two cockpit system prototypes that are intended for practical implementation in accordance with the progress of Advanced Driver Assistance Systems (ADAS): one for 2020-2023, when so-called "level 2" driver assistance is expected to be widely available; and the other for 2023-2025, when "level 3" will be prevailing. Also on display is a new Range Rover Velar SUV, complete with a Touch Pro Duo dual touch screen system and a windshield head-up-display. 

 

Scalable ePowertrain Platform

Panasonic introduces a compact electric powertrain platform it has developed for small electric vehicles. This energy efficient and safe powertrain concept features integrated compactness, high efficiency, and flexible scalability. This is designed with a scalable combination of power and motor units in mind to contribute to the advancement of both two- and four-wheeled electric vehicles.

 

Avionics

Through VR and exhibits of actual airplane seats (business class and economy), this display explains the concept of "travel thread" that integrates all aspects of the passenger experience from pre-flight - while you are still at home - flight to post flight. 

 

VR Demonstration

Demos using VR devices let visitors experience what this travel thread is all about.

 

Companion App—Economy seats

Companion App allows travelers to completely customize their in-flight experience in advance from the comfort of their own home. This demonstration unveils the app's functions, from reservations of onboard services to choosing and downloading favorite films to watch.

 

New Business Class Cabin

Visitors can sit back in a new business class cabin adopted by American Airlines and experience the comfort of traveling in seats available only in American's Super Diamond business class.

 

Immigration Inspection System

Through a partnership with Silicon Valley-based Tascent, Panasonic has developed a new immigration inspection system for use in airports. A camera incorporated in the system scans the passenger's retina to identify the individual, facilitating speedy immigration inspections.

 

Sustainable Energy

 

This corner showcases Panasonic's collaborations in lithium ion batteries and solar panels with partners striving to use sustainable energy sources. On display are examples from U.S. partner Tesla and Gogoro of Taiwan. 

 

Integrated Supply Chain

 

Here the supply chain business defines its future vision for the year 2025 and the essential technologies key to realizing its goals.

 

Supply Chain Vision Stage

Through presentations and videos, this exhibit illustrates a future model for an internet-connected supply chain based on RF-ID, and transformations of business models adapted to changes in society.

1. Parallel Link Robot—Remote Inspection of Finished Products
Customers can check the exterior of their customized products from remote locations by operating the Parallel Link Robot, which has a camera at the tip of its arm.

2. RF-ID Gate—Delivery Error Detection
Reading the information stored in the RFID tag attached to a piece of luggage, the system can quickly and automatically detect a bag delivered in error.

3. RF-ID In-Store Payment—Linked with Facial Recognition
An unmanned, cashless future payment system made possible by linking information from the RFID tag attached to the product with personal identification through facial recognition systems.

4. Automated Transport System—Automatic Delivery to Destination
A demo shows how the fork-lift robot automatically transports a loaded pallet to its destination while avoiding obstacles. Since it doesn't require special tracks to be pre-installed for the robot to follow, the robot can adapt to any change in layout.

 

Panasonic Booth Overview
Period: January 9 (Tue.) – 12 (Fri.), 2018
Venue: Las Vegas Convention Center (LVCC), Central Hall (#s12401 &12908)
Booth size: 2,508 m2
Exhibits:     1) 100-year history of Panasonic and management philosophy
                  2) Corporate solutions, latest automotive and avionic devices, solutions

In addition to the main booth in LVCC, exhibits are also located in Tech West.

Tech West
Venue: Sands, Halls A-D (#40060)
Exhibits: One-touch home automation ("eny" smart device), one-touch ID recognition, 3D camera stabilizers

Venue: Venetian Tower (Suites 29-111 & 29-115)
Exhibits: Latest Technics products
         Reference Class Direct Drive Turntable System SL-1000R
         Reference Class Direct Drive Turntable SP-10R

Press Kit
Download press releases, photos, and videos of the booth at http://news.panasonic.com/global/presskits/ces2018

About Panasonic
Panasonic Corporation is a worldwide leader in the development of diverse electronics technologies and solutions for customers in the consumer electronics, housing, automotive, and B2B businesses. Celebrating its 100th anniversary in 2018, the company has expanded globally and now operates 495 subsidiaries and 91 associated companies worldwide, recording consolidated net sales of 7.343 trillion yen for the year ended March 31, 2017. Committed to pursuing new value through innovation across divisional lines, the company uses its technologies to create a better life and a better world for its customers. To learn more about Panasonic: http://www.panasonic.com/global

About Panasonic Corporation of North America
Newark, NJ-based Panasonic Corporation of North America is a leading technology partner and integrator to businesses, government agencies and consumers across the region. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation and leverages its strengths in Immersive Entertainment, Sustainable Energy, Automated Supply Chains and Connected Solutions to provide secure and resilient integrated solutions for B2B customers. Panasonic was highlighted in Forbes Magazine's Global 2000 ranking as one of the Top Ten Best Regarded Companies for 2017.  The ranking is based on outstanding scores for trustworthiness, honesty with the public and superior performance of products and solutions. Learn more about Panasonic's ideas and innovations at PanasonicMovesUs.com.

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/panasonic-highlights-100th-anniversary-future-vision-at-ces-2018-300579138.html

SOURCE Panasonic Corporation of North America

Related Links

http://www.panasonic.com

Read more: Panasonic Highlights 100th Anniversary, Future...

When the numbers are finally tallied, Massachusetts will likely have a banner year for non-residential PV installations in 2017. According to the recently released Q4 2017 U.S. Solar Market Insight report, the Bay State is forecast to grow nearly 20 percent over a record-breaking 2016.

But the fanfare may be short-lived. Last year may prove to be the peak for non-residential solar installations in Massachusetts this decade. Pending regulatory outcomes related to the incentive successor program could make or break the second-largest non-residential market in the U.S., and define the tenor of solar deployments through the rest of the decade.

Massachusetts helps lead a record year for non-residential PV  

Most non-residential build-out in Massachusetts in 2017 is a demand pull-in effect of closing regulatory deadlines. With over 400 megawatts of systems sitting in the queue eligible for the closing SREC II incentive program, projects must be mechanically complete by March 31, 2018 to receive the current incentive before it steps down.

From there, it’s a race to the finish as developers attempt to complete projects and receive a further reduced incentive under SREC II before the start of SMART, which is expected to roll out in Q3 2018.

But what does SMART hold for Massachusetts?

The state’s primary incentive program is transitioning from an SREC market with relative price volatility to a much more predictable declining megawatt block-type program. However, the new incentives will also be based on the average price of accepted bids by utility in a competitive auction.  

Given the eligibility requirements to bid into this initial block of the SMART program, there’s considerable concern from developers that the auction may force prices to untenably low levels where behind-the-meter projects won’t pencil. 

The birth of a PURPA market?

Participation in the initial auction was limited to non-NEM, Qualified Facilities between 1-5 megawatts AC. In other U.S. markets where sub-5 megawatt QFs have flourished, avoided-cost schedules ranged between $0.05 and $0.07 per kilowatt-hour.

Even at these (comparatively) low levels, developers flocked to the market. When you consider that the ceiling price for SMART’s competitive auction is $0.17 per kilowatt-hour, you can imagine small-scale utility developers salivating at the projected return.

So, is the future of Massachusetts market small-scale utility solar?

The risk of QFs flooding the market is real, but not guaranteed

While the comparison to other major QF markets is tempting, it’s important to note that development costs are substantially higher in Massachusetts than in legacy QF markets across the Southeast and Pacific Northwest. Specifically, permitting, labor, interconnection upgrades, different taxation policies, and land acquisition costs make Massachusetts a much more expensive market to scale up QF pipelines.

Given those higher soft costs in Massachusetts, developers note that it would be unrealistic to have bid anything under $0.10 per kilowatt-hour and still be making money. So, despite there being a $0.17 per kilowatt-hour ceiling price for the auction and higher soft costs in the Northeast, we expect bid prices to be 30 percent to 40 percent below that ceiling.

Most importantly, that auction price will determine to what extent additional QFs are a more attractive option to develop than behind-the-meter systems.

Behind-the-meter projects -- especially community solar and solar-plus-storage -- become increasingly attractive if the auction price clears closer to the ceiling price of $0.17 per kilowatt-hour. A higher base rate means a higher probability that incentive adders offset the soft costs of subscriber acquisition and retention for community solar, as well as added hardware costs for energy storage.

However, if the auction last month does clear 30 percent to 40 percent below the ceiling price, we expect at least 25 percent of the 1,600 megawatt program to be cannibalized by QFs as developers pursue a less complicated, high-volume development strategy that does not require securing offtake. 

Looking forward to 2018, GTM Research will be actively monitoring the bid results of the RFP, which are expected to be released on January 11. But given the 4 percent reduction to incentives in each successive block, we anticipate nearly all of the program’s capacity to be subscribed by 2020 with less robust incentives in the later blocks to slow uptake of the program. Consequently, we expect non-residential installations beginning to decline in 2021 absent an extension to the incentive program.

Besides the competitive auction results, there are two other policy updates that pose upside and downside risk to the non-residential PV outlook in Massachusetts.

Upside risk -- additional incentive adder block capacity: Given the interest in both community solar and energy storage, and 80 megawatts of adders allocated to each, these adders are expected to be fully allocated upon program start. Looking forward, we’re monitoring how much capacity the DOER allocates Adder Block 2, as this will impact long-term community solar deployment.

Downside risk -- energy storage NEM eligibility proceeding: In another proceeding, the DPU is seeking to determine whether NEM systems paired with storage are eligible to net meter and the application of NEM rules to systems participating in forward capacity markets. If systems are deemed ineligible to net meter, solar-plus-storage demand would be limited to projects with sufficient savings offered via self-consumption.

Looking ahead, we have no doubt that the full 1,600 megawatts of the SMART program will be deployed over the course of the next few years. However, the diversity of project build-out hinges on the results of the competitive auction.

With QFs being the least sensitive to lower base compensations rates under the SMART program, we expect small utility solar to drive more of Massachusetts’s market the closer the market clears at a $0.10 per kilowatt-hour incentive with a current assumption that at least 25 percent of the program’s capacity will be allocated to QFs.

In the meantime, we’re eagerly awaiting the results of the RFP on Thursday. 

Read more: Non-Residential Solar Is Booming in...

La empresa líder en tecnología de iluminación, SureFire, revela una alternativa a la conectividad móvil en la CES 2018

FOUNTAIN VALLEY, California, 8 de enero de 2018 /PRNewswire/ -- La empresa pionera en tecnología de iluminación, SureFire, presenta ARON, un descubrimiento tecnológico en el campo de las comunicaciones ópticas diseñado para ampliar las capacidades de nuestros teléfonos inteligentes y cambiar la forma en la que interactuamos con el mundo que nos rodea.

ARON, que significa Augmented-Reality Optical Narrowcasting (retransmisión selectiva óptica de realidad aumentada), es un canal de comunicaciones completamente nuevo. ARON funciona independientemente de las redes móviles o de Internet, empleando las ondas de luz infrarroja para crear un canal de comunicaciones ópticas autónomo que ofrece una potencia, flexibilidad y libertad sin precedentes.

SureFire va a revelar esta nueva tecnología esta semana en la Feria de Electrónica de Consumo 2018 (CES) de Las Vegas.

"Durante años, nuestro objetivo ha sido ofrecer al consumidor un sistema de comunicaciones ópticas de espacio libre", dijo el Dr. Narkis Shatz, director del programa de SureFire y uno de los inventores de ARON. "ARON es la primera tecnología que ha sido capaz de demostrar su capacidad para llevarlo a cabo". 

ARON, una alternativa y complemento a las ondas de radiofrecuencia empleadas actualmente por los teléfonos inteligentes y dispositivos móviles de todo el mundo, transmite datos a través de una combinación patentada de balizas y señales ópticas.

  • Puede enviar y recibir cualquier tipo de información digital, incluidos vídeos en alta definición.
  • Es un sistema rápido, seguro y privado,
  • presenta una eficiencia energética 300 veces superior al wifi y puede funcionar con energía solar.
  • Su implementación y uso son económicos una vez instalado en un teléfono inteligente o en un automóvil,
  • y es capaz de sacar el máximo partido a toda una plataforma de comunicaciones sin regular.
  • Con una capacidad prácticamente sin límites para la integración y personalización, mejora la experiencia de realidad aumentada como ninguna otra tecnología móvil existente hoy en día.

ARON está construido sobre las bases científicas del fotófono, el dispositivo considerado por Alexander Graham Bell como su mayor invento. Desarrollado y optimizado por SureFire durante los últimos 3 años, esta tecnología establece unos estándares de cobertura, velocidad de datos y miniaturización nunca antes alcanzados en el campo de las comunicaciones ópticas de espacio libre para el consumidor.

En efecto, ARON hace posible que esta tecnología visionaria esté fácilmente al alcance de consumidores, empresas y gobiernos por primera vez en la historia, aportando un nuevo significado al concepto de conectividad móvil.

"Cuando el Dr. John Matthews fundó SureFire, estableció un legado de calidad superior y compromiso con el avance de la tecnología", dijo Joel Smith, director de Administración de SureFire. "Gracias a su previsión e ideas, hemos podido desarrollar ARON y ahora estamos deseosos de explorar sus aplicaciones para capitalizar el uso del consumidor".

Para obtener más información, visite aron.surefire.com.

Acerca de SureFire
Localizada en Fountain Valley (California), SureFire, LLC es una empresa líder en la fabricación de linternas eléctricas de alto rendimiento, luces para armas y demás equipo táctico para aquellos en situaciones de peligro o cualquiera que exija lo último en calidad, innovación y rendimiento. En comparación con otras marcas, los sistemas de iluminación de SureFire son los más empleados por equipos SWAT y grupos de élite de operaciones especiales. SureFire es una empresa que dispone de la certificación ISO 9001:2000. 

Contacto de prensa:
Jonathan Mudd
strat-igence, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
(202) 286-3240

Logo - https://mma.prnewswire.com/media/625427/ARON_logo_Logo.jpg 
Vídeo - https://mma.prnewswire.com/media/625438/ARON_CES.mp4

SOURCE SureFire

Read more: Se desarrolla un innovador canal de...

SUZHOU, China, 8 de janeiro de 2018 /PRNewswire/ -- A GCL System Integration Technology Co., LTD. (SZ: 002506) ("GCL-SI" ou a "empresa"), uma subsidiária do maior conglomerado mundial de energia limpa, o GCL, anuncia a nomeação de Eric Luo como CEO, a partir de 5 de janeiro de 2018.

Ele foi nomeado como CEO asiático do ano, em 2014, na Power and Electricity World Asia, em reconhecimento à sua liderança na transformação da Wuxi Suntech e da Shunfeng International Clean Energy (SFCE) em líderes de soluções de energia limpa. Eric Luo foi um dos palestrantes que abriram a Reunião anual de Davos, em 2016, para a apresentação sobre Transformação de Energia, e recebeu o prêmio de Outstanding Leader durante a Global Energy Leaders Summit (Cúpula de líderes de energia global). Ele é, atualmente, consultor do Fundo Verde EUA-China, um fundo de capital privado, comercialmente administrado, lançado por líderes empresariais e governamentais dos EUA e da China.

Antes de ingressar no Grupo GCL, Eric Luo foi diretor executivo e CEO da Shunfeng International Clean Energy Limited. Anteriormente, teve vários cargos seniores no Grupo Shunfeng, inclusive como CEO da Wuxi Suntech Power Co, Ltd. "Acreditamos que ele trará suas diversas experiências eletrônicas e industriais para o Grupo GCL também", disse Zhu Gongshan, presidente do Grupo GCL.

"Temos o privilégio de ter o Eric na equipe, um movimento estratégico para a empresa, pois acelera a expansão e a integração da GCL-SI nos mercados globais e promove seu desenvolvimento nos negócios de armazenamento de energia e ex-China EPC", afirmou Shu Hua, presidente da GCL-SI.

A GCL-SI alcançou desenvolvimento rápido no fornecimento de módulos fotovoltaicos e serviços de integração de sistemas para se posicionar como um provedor de soluções integradas de serviços de energia limpa.

A GCL-SI agora tem subsidiárias no Japão, na Índia, América do Norte, Austrália, em Cingapura e na Alemanha, com escritórios de representação que abrangem a Tailândia, a América do Sul, o Oriente Médio, o sul da Europa e a África. O lançamento da instalação de produção de 600 MW da empresa, no Vietnã, apoiará ainda mais seu alcance global, aumentando sua participação nos mercados europeu e norte-americano. O Grupo GCL alcançará a capacidade total de 8 GW em 2018.

"O ano de 2018 será um momento interessante para a empresa continuar sua sólida trajetória de crescimento no mercado global, pois estamos trabalhando no aprimoramento da colaboração com as empresas upstream e downstream na cadeia de valor do setor. A empresa também fez investimentos estratégicos, ao adquirir participação patrimonial de aproximadamente 10% na GCL New Energy (0451.HK), proprietária dos maiores ativos operacionais solares do mundo. Estou muito satisfeito por ter a oportunidade de ser membro de uma plataforma global de energia limpa e trabalharei com todas as partes interessadas para que a empresa cresça, aumentando o retorno dos acionistas", comentou Eric Luo.

Sobre a GCL-SI

A GCL System Integration Technology Co., Ltd. (002506 na bolsa de Shenzhen) (GCL-SI) faz parte do GOLDEN CONCORD Group (GCL). A GCL-SI oferece um sistema de energia integrado de ponta e tem o compromisso de se tornar a principal empresa de energia solar do mundo.

FONTE GCL System

SOURCE GCL System

Read more: A GCL-SI anuncia a nomeação do CEO, fortalecendo...

NEW DELHI--(BUSINESS WIRE)--Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced it has won a 200 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India (SECI), a Government of India enterprise and a company with a AA+ debt rating by ICRA, a Moody’s Company. Azure Power will sign a power purchase agreement with SECI to supply power at a tariff of INR 2.48 (~US$ 0.04) per kWh for 25 years. The solar plant will be set up at Bhadla Solar Park in Rajasthan and is likely to be commissioned in 2019.

The 200 MW allocation is the largest by SECI in this auction, 80% of the total. Azure Power has a long history of developing and operating solar power plants with SECI. In 2015, Azure Power developed a 100 MW solar power plant outside a solar park in the state of Rajasthan, which was SECI’s first allocation and also the largest solar power project under India’s National Solar Mission at commissioning. Today, Azure Power stands with over a 400 MW portfolio with SECI.

Speaking on this occasion, Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “Our long history of superior solar power operations with SECI right from the inception of National Solar Mission has contributed to our success of procuring one of the largest solar power contracts with SECI. We are delighted to make this contribution towards realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation.”

About Azure Power

Azure Power (NYSE: AZRE) is a leading independent solar power producer in India with a portfolio of over 1,600 MWs across several states and union territories. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale, rooftop to mini & micro grids, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.

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

Forward Looking Statements

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

Read more: Azure Power Wins 200 MWs in SECI Auction

Federal regulators have rejected Energy Secretary Rick Perry’s plan to rewrite energy market regulations that would favor the coal industry in the name of grid reliability, delivering a stark rebuke to what has largely been seen as an effort to reward the coal industry at the expense of ratepayers and the environment. 

On Monday, the Federal Energy Regulatory Commission issued an order (PDF) terminating Docket No. RM18-1-000, the proceeding it set up to review DOE’s notice of proposed rule making, or NOPR. The notorious document, first filed in late September, united oil and gas industries with wind, solar and clean power advocates in opposition to its plan to provide cost recovery to power plants with at least 90 days supply of fuel on hand -- something that only applies to coal and nuclear plants. 

DOE claimed this was needed to prevent immediate dangers to grid resiliency caused by the rising number of retiring coal and nuclear power plants. But Monday’s order, filed an unexpected two days before FERC’s deadline for making a decision, found that DOE hasn’t marshaled the evidence that the existing market rules are “unjust and unreasonable,” a key bar for making the radical changes it suggests. 

Importantly, FERC’s order notes that DOE failed to provide evidence to back Perry’s claims that retiring coal and nuclear plants represented an existential threat to grid reliability and “resilience,” one it used the justify its demand for FERC to act outside of its usual channels to make changes within a matter of months. 

“While some commenters allege grid resilience or reliability issues due to potential retirements of particular resources, we find that these assertions do not demonstrate the unjustness or unreasonableness of the existing RTO/ISO tariffs,” FERC’s order noted. “In addition, the extensive comments submitted by the RTOs/ISOs do not point to any past or planned generator retirements that may be a threat to grid resilience.” 

Even the DOE’s own grid reliability study, carried out on Perry’s orders and cited to justify the NOPR, “concluded that changes in the generation mix, including the retirement of coal and nuclear generators, have not diminished the grid’s reliability or otherwise posed a significant and immediate threat to the resilience of the electric grid,” FERC wrote. 

The order also noted that DOE’s proposed remedy, to offer cost-recovery status to power plants “regardless of need or cost to the system,” didn’t meet the bar of being a just and reasonable replacement. Multiple analyses of the NOPR’s proposed changes found that they could add billions of dollars per year to energy costs for ratepayers in the grid markets most affected, while providing no appreciable improvement to grid reliability. 

“FERC also stated the cost recovery aspect of DOE’s proposal paying generators for 90 days of fuel on site would be unjust and unreasonable -- our research showed up to $10.8 billion in new consumer costs from this subsidy,” Robbie Orvis, policy design project manager at Energy Innovation, wrote in a Monday email. 

DOE’s NOPR did earn support from utilities, communities and labor unions with significant links to the coal industry. But it was opposed by a broad swath of energy industry groups, independent analysts, and former FERC commissioners from both sides of the aisle, on the grounds that it could “blow up” energy markets and undercut decades of regulatory precedent, all with scant evidence that it would do anything to make the grid more reliable. 

Monday’s order doesn’t dismiss the issue of grid reliability, however. In the same paragraph that terminates the proceeding set up to consider the NOPR, FERC initiated a new one -- Docket No. AD18-7-000 -- to “specifically evaluate the resilience of the bulk power system in the regions operated by regional transmission organizations (RTO) and independent system operators (ISO).”

FERC’s action was greeted with welcome relief from environmental groups and energy advocates who’d been closely watching the deliberations.

“FERC was right to reject the DOE’s costly and ill-considered proposal that would have undermined markets and an increasingly competitive, clean, and affordable electricity sector,” Michael Panfil, director of federal energy policy for the Environmental Defense Fund, said in a Monday statement. “FERC’s decision prioritizes deliberate, careful study over politicization.”

Gregory Wetstone, president and CEO of the American Council on Renewable Energy (ACORE), wrote in a Monday statement that “FERC has laid out a sensible approach to gathering the vital information needed to support any changes to electricity markets. We are confident that, in the end, the record still will not support market intervention.” 

Four of FERC’s five commission members are Trump administration appointees. But only one of them, former interim Chairman Neil Chatterjee, has been vocal in support of the NOPR’s contention that coal and nuclear “baseload” power plants are deserving of market intervention to maintain grid reliability. 

In a separately written statement concurring with Monday’s order, Chatterjee did note his “concerns regarding bulk power system resilience in the interim period prior to the conclusion of the proceeding we initiate today,” noting that it could take several years to complete, and called for a process to learn if “interim measures may be needed.” 

But this view wasn’t echoed by the two Democratic members of the commission that also wrote consenting statements, noted Ari Peskoe, a Harvard Law School senior fellow, in a series of tweets Monday.

Richard Glick, appointed by President Trump, wrote that the NOPR "had little, if anything, to do with resilience, and was instead aimed at subsidizing certain uncompetitive electric generation technologies.”

And Cheryl LaFleur, appointed by former President Obama, wrote that the NOPR “sought to freeze yesterday’s resources in place indefinitely, rather than adapting resilience to the resources that the market is selecting today or toward which it is trending in the future.” 

Read more: FERC Rejects Energy Secretary Rick Perry’s Coal...

An Xcel Energy solicitation set a new solar-plus-storage record after attracting a median price of $36 per megawatt-hour.

The rate is 20 percent lower than the cheapest PV-plus-battery power-purchase agreement seen to date, which came in a NextEra Energy Resources contract for Tucson Electric Power signed in May last year, at $45 per megawatt-hour.

The NextEra deal, which included four hours of lithium-ion battery-based storage, saw flow battery maker ViZn Energy Systems promising to deliver solar-plus-storage at a cost of $40 per megawatt-hour, still 9 percent above the median rate seen in the Xcel bid. 

GTM Research Advisor Shayle Kann said on Twitter that although the Xcel pricing came with “lots of caveats” it was “incredible nonetheless.”

Vibrant Clean Energy CEO Dr. Christopher Clack, who last year tangled with Stanford University Professor Mark Jacobson over pathways to a 100 percent renewable energy system, tweeted: “What fabulous numbers!” 

The bids for wind-plus-storage were even lower, with a median price of $21 per megawatt-hour. The Xcel figures are also well below the unsubsidized levelized cost of energy (LCOE) for wind and solar published by Lazard last November. 

The financial advisory firm estimated the current LCOE for utility-scale solar-plus-batteries to be $82 per megawatt-hour. Lazard did not calculate an LCOE for wind-plus-storage.

Lazard's estimates for wind LCOE alone were higher than Xcel’s wind-plus-storage median bid rate, with a range of $30 to $60 per megawatt-hour.

GTM Research’s director of energy storage, Ravi Manghani, said it was clear Xcel’s bidders were expecting significant solar, wind and battery cost reductions between now and when the projects are due to go online, in 2023. 

“There’s still five years and a few months before they become operational,” he said. “The industry is looking to ride on the cost curve.”

Developers do face a major challenge. In 2023, the U.S. solar investment tax credit (ITC) is due to drop from 30 percent to 10 percent. “There’s going to be a balancing act,” said Manghani. “The industry expects the costs will decline faster than the ITC.”

Xcel published a 30-day report on the outcome of its 2017 all-source solicitation at the end of last month. Part of the company’s 2016 Electric Resource Plan, the solicitation looked to find bidders for around 615 megawatts of new generation in Colorado.

In its 30-day report, Xcel said the response had been “unprecedented,” bringing in 430 proposals relating to 238 projects (since some developers submitted multiple proposals per project). 

“For comparison, the company received 55 bids in the 2013 all-source solicitation,” said Xcel. 

Wind and solar -- with and without storage -- were present in 358 bids, amounting to 101 gigawatts out of almost 112 gigawatts of generation proposed overall.

Xcel did not provide details of each proposal but published the median levelized price of the bids received for each generation type. It defined median as “the mid-point of the pricing such that 50 percent of the bids are lower priced and 50 percent are higher priced.”

Wind came in lowest, at $18.10 per megawatt-hour. It was followed by combined wind and solar, at $19.90; then wind with battery storage, at $21; PV alone, at $29.50; then wind, solar and battery storage, at $30.60.

Wind also came out ahead in terms of generation volume, accounting for more than 42 gigawatts of bid proposals and 17 gigawatts of projects, compared to PV’s nearly 30 gigawatts of bids and 13-plus gigawatts of project capacity. 

PV was, nevertheless, the preferred option in terms of number of projects. Standalone solar was proposed in 152 bids and 75 projects. A further 87 bids and 59 projects were for solar-plus-storage. It remains to be see how many, if any, will be chosen.

Xcel is not expected to confirm its bid selections until April. For now, though, “the number of solar-plus-storage projects is a promising sign,” said Manghani. 

“The storage industry is much more mature here in the U.S. than in other markets,” he said. "So the cost curve the industry is relying on is much more likely to be achievable, even if you factor in lower labor costs elsewhere.”

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