09.05.2018

DGAP-News: SMA Solar Technology AG / Schlagwort(e): Quartalsergebnis
SMA Solar Technology AG steigert im ersten Quartal 2018 Umsatz und Ergebnis

09.05.2018 / 07:00
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

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Corporate News der SMA Solar Technology AG

SMA Solar Technology AG steigert im ersten Quartal 2018 Umsatz und Ergebnis

Überblick Q1 2018:

- 1,8 GW verkaufte Wechselrichter-Leistung (Q1 2017: 1,7 GW)

- Umsatz von 182,5 Mio. Euro (Q1 2017: 173,2 Mio. Euro) und operatives
Ergebnis vor Abschreibungen, Zinsen und Steuern (EBITDA) von 17,5 Mio. Euro
(Q1 2017: 15,9 Mio. Euro) entsprechen der Vorstandsprognose

- Bilanzielle Stabilität durch solide Eigenkapitalquote von 50,1 Prozent
(31.12.2017: 50,3 Prozent) und hohe Nettoliquidität von 444,8 Mio. Euro
(31.12.2017: 449,7 Mio. Euro)

- Hoher Auftragsbestand von 647,3 Mio. Euro, davon 256,3 Mio. Euro
Produktgeschäft

- Vorstand bestätigt Umsatz- und Ergebnisprognose für das Geschäftsjahr 2018

Niestetal, 9. Mai 2018 - Die SMA Solar Technology AG (SMA/FWB: S92)
verkaufte im ersten Quartal 2018 Wechselrichter mit einer Gesamtleistung von
rund 1,8 GW (Q1 2017: 1,7 GW) und steigerte den Umsatz im Vergleich zu den
ersten drei Monaten des Vorjahrs um 5,4 Prozent auf 182,5 Mio. Euro (Q1
2017: 173,2 Mio. Euro). Das operative Ergebnis vor Zinsen, Steuern und
Abschreibungen (EBITDA) stieg von Januar bis März 2018 auf 17,5 Mio. Euro
(EBITDA-Marge: 9,6 Prozent; Q1 2017: 15,9 Mio. Euro, 9,2 Prozent). Der
Ergebnissprung im Vergleich zum Vorjahreszeitraum ist signifikant, denn das
Vorjahresergebnis enthielt einen hohen einstelligen Millionenbetrag als
Sondereffekt aus dem Verkauf der SMA Railway Technology GmbH. Umsatz und
Ergebnis des ersten Quartals entsprechen der am 28. März 2018
veröffentlichten Prognose des Vorstands. Der Umsatzanstieg ist insbesondere
auf die positive Entwicklung in den Regionen Europa, Mittlerer Osten und
Afrika (EMEA) und Asien-Pazifik (APAC) zurückzuführen.

Das Konzernergebnis betrug im ersten Quartal 2018 2,8 Mio. Euro (Q1 2017:
6,3 Mio. Euro). Das Ergebnis je Aktie lag somit bei 0,08 Euro (Q1 2017: 0,17
Euro). Mit einer Nettoliquidität von 444,8 Mio. Euro (31.12.2017: 449,7 Mio.
Euro) und einer Eigenkapitalquote von 50,1 Prozent (31.12.2017: 50,3
Prozent) weist SMA weiterhin eine sehr solide Bilanzstruktur auf. Zusätzlich
verfügt das Unternehmen über eine langfristige Kreditlinie bei inländischen
Banken von 100 Mio. Euro.

"Mit der Entwicklung unseres Kerngeschäfts im ersten Quartal 2018 sind wir
zufrieden. Die Nachfrage nach unseren Produkten und Dienstleistungen lag in
den ersten drei Monaten des Geschäftsjahrs auf einem ähnlich hohen Niveau
wie in den letzten Quartalen. Wir rechnen zudem mit einer stärkeren zweiten
Jahreshälfte und sind deshalb optimistisch, die Jahresziele zu erreichen",
erklärt SMA Vorstandssprecher Pierre-Pascal Urbon. "Die Ergänzung unseres
Geschäfts um Energiedienstleistungen verfolgen wir konsequent. Auf Basis
unserer umfangreichen Anwendungserfahrungen haben wir mit ennexOS eine
vertikale Energiemanagementplattform entwickelt, mit der verschiedene
Technologien auf lokaler Ebene verknüpft und optimiert werden können. Durch
die offene Architektur ist zudem die Anbindung an eine Cloud-Lösung möglich.
Damit ist SMA im Bereich der dezentralen Energien Trendsetter und gefragter
Kooperationspartner von Unternehmen, die von diesem Wachstumssegment
profitieren wollen."

Aufgrund der Entwicklung im ersten Quartal 2018 sowie des weiterhin hohen
Auftragsbestands bestätigt der SMA Vorstand die Umsatz- und Ergebnisprognose
für das Geschäftsjahr 2018. Sie sieht bei einem Umsatz von 900 Mio. Euro bis
1.000 Mio. Euro ein operatives Ergebnis vor Abschreibungen, Zinsen und
Steuern (EBITDA) von 90 Mio. Euro bis 110 Mio. Euro vor. Das EBITDA
berücksichtigt erstmals Aufwendungen für den Aufbau des digitalen Geschäfts
von mehr als 10 Mio. Euro. Die Abschreibungen werden sich nach
Vorstandsschätzung auf ca. 50 Mio. Euro belaufen.

Die Quartalsmitteilung Januar bis März 2018 steht auf der Internetseite
www.SMA.de/IR/Finanzberichte zum Abruf bereit. Die Hauptversammlung der SMA
findet am 24. Mai 2018 in Kassel statt.

Über SMA
Die SMA Gruppe ist mit einem Umsatz von rund 900 Mio. Euro im Jahr 2017 ein
global führender Spezialist für Photovoltaik-Wechselrichter, einer zentralen
Komponente jeder Solarstromanlage. SMA bietet ein breites Produkt- und
Lösungsportfolio an, das einen hohen Energieertrag für solare
Hausdachanlagen, gewerbliche Solarstromanlagen und große Solarkraftwerke
ermöglicht. Zur effizienten Steigerung des PV-Eigenverbrauchs kann die SMA
Systemtechnik einfach mit unterschiedlichen Batterietechnologien kombiniert
werden. Intelligente Energiemanagement-Lösungen, umfangreiche
Servicedienstleistungen sowie die operative Betriebsführung von
Solarkraftwerken runden das Angebot von SMA ab. Hauptsitz des Unternehmens
ist Niestetal bei Kassel. SMA ist in 20 Ländern vertreten und beschäftigt
weltweit mehr als 3.000 Mitarbeiter, davon allein 500 in der Entwicklung.
Die mehrfach ausgezeichnete Technologie von SMA ist durch über 1.100 Patente
und eingetragene Gebrauchsmuster geschützt. Die Muttergesellschaft SMA Solar
Technology AG ist seit 2008 im Prime Standard der Frankfurter
Wertpapierbörse (S92) notiert und aktuell als einziges Unternehmen der
Solarbranche im TecDAX gelistet.

SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Germany

Leitung Unternehmenskommunikation:
Anja Jasper
Tel. +49 561 9522-2805
This email address is being protected from spambots. You need JavaScript enabled to view it.

Kontakt Presse:
Susanne Henkel
Manager Corporate Press
Tel. +49 561 9522-1124
Fax +49 561 9522-421400
This email address is being protected from spambots. You need JavaScript enabled to view it.

Disclaimer:
Diese Corporate News dient lediglich zur Information und stellt weder ein
Angebot oder eine Aufforderung zum Kauf, Halten oder Verkauf von
Wertpapieren der SMA Solar Technology AG ("Gesellschaft") oder einer
gegenwärtigen oder zukünftigen Tochtergesellschaft der Gesellschaft
(gemeinsam mit der Gesellschaft: "SMA Gruppe") dar noch sollte sie als
Grundlage einer Abrede, die auf den Kauf oder Verkauf von Wertpapieren der
Gesellschaft oder eines Unternehmens der SMA Gruppe gerichtet ist,
verstanden werden.

Diese Corporate News kann zukunftsgerichtete Aussagen enthalten.
Zukunftsgerichtete Aussagen sind Aussagen, die nicht Tatsachen der
Vergangenheit beschreiben. Sie umfassen auch Aussagen über unsere Annahmen
und Erwartungen. Diese Aussagen beruhen auf Planungen, Schätzungen und
Prognosen, die der Geschäftsleitung der SMA Solar Technology AG (SMA oder
Gesellschaft) derzeit zur Verfügung stehen. Zukunftsgerichtete Aussagen
gelten deshalb nur an dem Tag, an dem sie gemacht werden. Zukunftsgerichtete
Aussagen enthalten naturgemäß Risiken und Unsicherheitsfaktoren.
Verschiedene bekannte wie auch unbekannte Risiken, Ungewissheiten und andere
Faktoren können dazu führen, dass die tatsächlichen Ergebnisse, die
Finanzlage, die Entwicklung oder die Performance der Gesellschaft wesentlich
von den hier gegebenen Einschätzungen abweichen. Diese Faktoren schließen
diejenigen ein, die SMA in veröffentlichten Berichten beschrieben hat. Diese
Berichte stehen auf der SMA Webseite www.SMA.de zur Verfügung. Die
Gesellschaft übernimmt keinerlei Verpflichtung, solche zukunftsgerichteten
Aussagen fortzuschreiben und an zukünftige Ereignisse oder Entwicklungen
anzupassen.

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09.05.2018 Veröffentlichung einer Corporate News/Finanznachricht,
übermittelt durch DGAP - ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten,
Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter www.dgap.de

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Sprache: Deutsch
Unternehmen: SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Deutschland
Telefon: +49 (0)561 / 9522 - 0
Fax: +49 (0)561 / 9522 - 100
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Internet: www.sma.de
ISIN: DE000A0DJ6J9
WKN: A0DJ6J
Börsen: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart,
Tradegate Exchange

Ende der Mitteilung DGAP News-Service
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683911 09.05.2018

Read more: DGAP-News: SMA Solar Technology AG steigert im...

RICHMOND, Va., May 9, 2018 /PRNewswire/ -- Dominion Energy (NYSE: D) today announced the planned retirement of David A. Christian. He will step down from his responsibilities as executive vice president and chief innovation officer effective July 1, 2018.

Dominion Energy also announced that on July 1, Mark O. Webb, senior vice president-Corporate Affairs and Chief Legal Officer, will become senior vice president-Corporate Affairs and Chief Innovation Officer, reporting to Thomas F. Farrell, II, chairman, president and chief executive officer. Carlos M. Brown, will continue to serve as vice president and general counsel, and lead the company's Law Department and legal function, reporting directly to Farrell.

Effective July 1, the company will promote Emil Avram, director-Engineering Services in the Gas Infrastructure Group, to vice president-Innovation. He will report to Webb.

Farrell said:

"For more than four decades, David Christian has provided a steady hand, dedicated leadership and wise counsel to his colleagues and company. On a day-to-day level, we at Dominion Energy will miss his intelligence and instincts. But we look forward to continuing our long-standing relationship with David as he enters a new phase in his incomparable career."

Upon graduation from Virginia Tech, where he received a bachelor's degree in mechanical engineering, Christian joined the company in 1976 as an engineer at Surry Power Station. Over the next 22 years – save for a two-year stint in which he worked at Chesapeake Energy Center in Virginia – he would hold 10 different job titles at Surry, rising through the ranks to become the nuclear plant's site vice president in March 1998.

Over the past 20 years – all as an officer at Dominion Energy – Christian has served as chief nuclear officer and chief executive officer at all three of the company's principal operating units, among other responsibilities. He assumed his current role on Jan. 1, 2017.

Christian is heavily involved in the industry and in his community. He is chairman of the National Nuclear Accrediting Board and serves on the management committee of the Institute for Electric Innovation at the Edison Electric Institute. He sits on the boards of the Foundation for Nuclear Studies and the Dominion Energy Charitable Foundation and on the executive board of the Boy Scouts of America, and is a board member emeritus of CultureWorks. Christian has served on the advisory board for the College of Engineering at his alma mater and currently serves on the advisory board for Virginia Commonwealth University's nuclear engineering department. He is the immediate past chair of the board of directors of the Virginia War Memorial.

Webb joined Dominion Energy in 1997 as assistant general counsel and served in several positions with the Law and Alternative Energy Solutions groups. He was named vice president and general counsel in January 2013 and assumed the responsibilities of chief risk officer in January 2014. He was named senior vice president, general counsel and Chief Risk Officer in May 2016 and assumed his current duties – in which he oversees the company's federal, state and local government relations; corporate communications, advertising, public relations, creative services, philanthropy and community affairs; and the Law Department – in January 2017.

A veteran of the U.S. Air Force, Webb received a bachelor's degree from Texas Christian University and a J.D. degree from the University of Virginia School of Law.

Brown came to the company in 2007 after years of private law practice. He has served in various capacities at Dominion Energy, including in the Law Department, Alternative Energy Solutions group and Power Generation unit – including senior counsel, director-Alternative Energy Solutions Business Development & Commercialization and director-Power Generation Station II at Power Generation. Immediately prior to being named vice president and general counsel in January 2017, Brown served as deputy general counsel-Litigation, Labor and Employment.

He holds bachelor's and J.D. degrees from the University of Virginia.

Avram joined Dominion Energy in 2001 as a project manager in the company's Power Generation business unit. He became manager-Power Generation Engineering in 2005 and senior business development manager in the generation unit in 2006. Avram was promoted to director-Business Development in 2008 and assumed his current role – in which he is responsible for the engineering, construction and land work in the Gas Infrastructure Group, leading the execution of large natural gas pipeline and compressor station projects – in 2017.

Avram earned a bachelor's in aeronautical engineering from Massachusetts Institute of Technology, a master's in mechanical engineering from Rensselaer Polytechnic Institute and an MBA from the University of Connecticut.

"Innovation and the creation of an innovative culture are critical for Dominion Energy," Farrell said. "Innovation will allow our company to transform ideas into value, and it will serve as a sustaining force against rapid, external change in the electric power and natural gas sectors. For years, David Christian has been a forceful advocate and leading voice for innovation in our industry. Mark Webb and Emil Avram will assume that mantle, and Dominion Energy cannot ask for better successors for what David has started."

Nearly 6 million customers in 19 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D). The company ranks among America's most-admired energy companies, thanks to its commitment to sustainability and reliable, affordable, safe energy. Dominion Energy is one of the nation's largest producers and transporters of energy with over $75 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution, and import/export services. As one of the nation's leading solar operators, the company intends to reduce its carbon intensity 50 percent by 2030. Headquartered in Richmond, Va., Dominion Energy contributes more than $20 million annually to the communities it serves and actively supports military families and veterans. Please visit www.DominionEnergy.com, Facebook or Twitter to learn more.

Cision View original content:http://www.prnewswire.com/news-releases/david-christian-to-retire-from-dominion-energy-300645359.html

SOURCE Dominion Energy

Related Links

http://www.dom.com

Read more: David Christian to Retire From Dominion Energy

SOLEDAD, Calif., May 8, 2018 /PRNewswire/ -- In a community celebration on Thursday, May 3rd, Soledad Unified School District (Soledad USD) commemorated the official start of their District-wide solar program with a ceremonial "flip the switch" event for students, staff, neighboring school districts, community partners, and elected officials. Through a partnership with a Salinas-based team from ENGIE Services U.S. (ENGIE), Soledad USD's new 1.7MW solar project symbolizes the District's commitment to the theme of the event itself, "Earth Day, Every Day." As a result of the development and installation of a solar program across all six District sites, Soledad USD's long-term sustainability efforts will save over $10 million in energy costs.

Empowered by Solar Power
Soledad USD serves nearly 5,000 K-12 students in one of the most productive agricultural regions in California. Starting in early 2016, Soledad USD partnered with ENGIE to create a plan to reduce District energy costs and positively impact the environment.

Leveraging two, zero-percent loans from the California Energy Commission (CEC), District leaders worked with ENGIE to ultimately secure $4.8 million in CEC state funding to start solar work at Soledad High School in late 2016, with work at additional school sites occurring through spring 2018. Remaining program costs will be covered by savings resulting from the generation of clean solar power.

Soledad USD Board President Josie Perez-Aguilera emphasized the power of strong partnership over multiple phases of work at the District. "Starting in 2016, our strong, ongoing partnership with ENGIE has helped us to bring best in class sustainability technology innovations that advance the District's education, community engagement, and financial goals – while also directly touching the long-term success of students across grade levels."

Earth Day, Every Day
In addition to the visual transformation at District school sites with solar canopy shade structures, a long-term, positive impact is happening in the learning environment as well.

Superintendent Tim Vanoli shared, "The reason our theme for this event is 'Earth Day, Every Day' is because we have truly integrated our belief in the power of renewable energy into all school sites. Not only do we celebrate sustainable actions, we can really live them on a daily basis now that we are producing clean energy that will power our District and offset greenhouse gases – in addition to saving us $10 million in energy costs over the life of this project."

The District has already achieved significant, early wins from the solar project, including creating approximately 30 local jobs associated with the construction of the project and starting the development of energy education opportunities across schools.

Soledad USD is looking forward to the following, expected outcomes over the life of the solar program:

  • $10MM in energy savings over 25 years
  • 1.78 million kWh generated annually – or, enough clean energy to power 143 homes for a year
  • ~68% of the District's electricity needs will be met through solar production
  • 1,326 metric tons of greenhouse gas emissions reduced annually – the positive environmental equivalent to planting 34,000 trees a year
  • Ongoing STEM engagement activities, including hands-on experiences, career day presentations from energy engineers, and an online dashboard that connects real-world data to classroom learning

About Soledad Unified School District: Learn more at http://soledadusd.org/.

About ENGIE Services U.S.: ENGIE Services U.S. is a national energy company that works with education, government, commercial, industrial, and other organizations. We deliver integrated Energy Effective™ programs that drive sustainable results. As part of the #1 energy services provider in the world, we provide an extensive set of energy and sustainability management services to thousands of customers throughout the United States. Over the past 40 years, ENGIE Services U.S. has provided more than $2.7 billion in savings for our customers. For more information, please visit https://engieservices.us, or contact Lani Wild, Manager of Communications, at 415-735-9080.

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/soledad-usd-celebrates-earth-day-every-day-at-community-event-on-district-wide-clean-energy-program-will-save-10-million-in-energy-costs-300645080.html

SOURCE ENGIE Services U.S.

Related Links

http://www.engie-na.com/

Read more: Soledad USD Celebrates "Earth Day, Every Day" at...

• International Partner Programme: Benefitting from a strong community

• Technical Services: Going full circle with IBC SOLAR

• Mounting systems: New insertion system IBC TopFix 200

• Strong and efficient: Glass/glass module

• EV and PV: eMobility and solar energy in smart combination

• “The Smarter E Award”: IBC SOLAR nominated with storage project

Bad Staffelstein, May 8, 2018 – IBC SOLAR AG, a global leader in photovoltaic (PV) systems and energy storage, will attend this year’s Intersolar Europe, the leading European trade fair for solar technology as part of The Smarter E Europe. From June 20 to 22, the company from Bad Staffelstein will present new and proven products as well as its entire range of services in hall A3, booth 579.

Partners benefit from a strong community
IBC SOLAR will launch a new International Partner Programme for its customers in 2019. Interested parties will already get an initial insight into the new services and offers at this year’s Intersolar. The programme focusses on a strong community from which all partners can benefit. Within this worldwide network, IBC SOLAR aims to be a reliable partner, who individually supports its customers in their daily PV business and prepares grounds for crucial market advantages.

Technical support in large-scale PV and tenders
“We empower your business!” – this means IBC SOLAR will offer its customers new technical services in the area of large-scale rooftop and open-space systems between 1 and 5 MW. In this field, IBC SOLAR offers full support from feasibility, engineering and project management to commissioning. Customers may also rely on IBC SOLAR when participating in tenders. More information is available at the upcoming Intersolar.

New insertion system for pitched tiled roofs
Fast installation without module clamps and a particularly appealing design – a new developed mounting system of the IBC TopFix 200 product family combines these aspects. At this year’s Intersolar, IBC SOLAR will present its new insertion system for the first time. Visitors can also learn about the full range of proven IBC SOLAR mounting solutions for all types of flat and pitched roofs.

Strong and efficient: Glass/glass module
The first glass/glass module made by IBC SOLAR has an extended performance guarantee of 30 years. The monocrystalline module with PERC cell technology and black frame is particularly well suited for installations in the residential sector and for installations in areas with very high environmental impact. Here, the 315 watt module plays all its advantages regarding stability and efficiency.

Smart combination: EV and PV
Only in combination with renewable energies, EVs are truly sustainable. For this reason,
IBC SOLAR expanded its product portfolio by including solutions for electric driving. At Intersolar, visitors will learn about the benefits of using solar power for mobility. Additionally, IBC SOLAR will present its storage portfolio with a wide range of solutions, including the latest all-in-one residential storage systems.

“The Smarter E Award”
This year, IBC SOLAR has been nominated as a finalist for “The Smarter E Award” in the category “Outstanding Projects”: An IBC SOLAR storage unit with a capacity of 200 kWh complements an existing CHP plant in a sewage treatment plant, where it ensures far-reaching energy independence. Monthly self-sufficiency rates of up to 94 percent are possible.

More information on the company’s international services, as well as on further news and product highlights from IBC SOLAR can be discovered at the Intersolar Europe (June 20 to 24, 2018), Europe’s leading trade fair for solar technology, in hall A3, booth 579.

Read more: Intersolar 2018: IBC SOLAR presents new system...

SHANGHAI, May 9, 2018 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), a global leader in the solar photovoltaic industry, today announced that its P-type monocrystalline cell broke the world record again with efficiency hitting 23.95% during certification testing done by the Photovoltaic and Wind Power Systems Quality Test Center at the Chinese Academy of Sciences (CAS).

P-type mono wafer technology is a contributor, with the highly doped and low defect wafers providing excellent bulk quality. The continued gain in efficiency is a result of the further optimization of selective emitter (SE) formation, silicon oxide passivation and the rear side passivation. JinkoSolar's unique light-capturing technology uses black silicon and the multi-layer ARC technology reduces the front side reflectivity of cells to be lower than 0.5%, which ensures the growth of the short-circuit current. Meanwhile, an advanced grid design and a new type of screen-printing paste are used to reduce the series resistance and the metal / silicon interface compound probability as a result of promotion of solar cell fill factor.

Mr. Kangping Chen, CEO of JinkoSolar, commented, "This recent technical breakthrough is a combination of several our latest technologies. In particular, the introduction of novel passivation and selective contact technology have successfully broken the technical bottleneck created by traditional PERC technology and represents a significant step forward for our P type solar cells with their previous efficiency record of 23.45% in 2017. We will continue to allocate resources towards innovating new and high efficiency solar technologies and their application to the market as we continue to provide the most reliable and highest efficiency products."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is a global leader in the solar industry. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 8 GW for silicon ingots and wafers, 5 GW for solar cells, and 8 GW for solar modules, as of December 31, 2017.

JinkoSolar has over 12,000 employees across its 8 productions facilities globally, 16 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, South Africa and United Arab Emirates, and global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Panama and Argentina.

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:

Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Cision View original content:http://www.prnewswire.com/news-releases/jinkosolar-breaks-world-record-for-p-type-monocrystalline-cell-efficiency-300645278.html

SOURCE JinkoSolar Holding Co., Ltd.

Related Links

http://www.jinkosolar.com

Read more: JinkoSolar Breaks World Record for P-type...

LEHI, Utah, May 8, 2018 /PRNewswire/ -- Vivint Solar (NYSE: VSLR), today announced financial results for the first quarter ended March 31, 2018.

First Quarter 2018 Operating Highlights

Key operating and development highlights include:

  • MW Booked of approximately 52 MWs for the quarter.
  • MW Installed of approximately 40 MWs for the quarter. Total cumulative MWs installed were approximately 905 MWs.
  • Installations were 5,813 for the quarter. Cumulative installations were 132,643.
  • Estimated Retained Value increased by approximately $77 million during the quarter to approximately $1.7 billion. Estimated Retained Value per Watt at quarter end was $2.02.
  • Cost per Watt was $3.15, an increase from $2.95 in the fourth quarter of 2017 and an increase from $2.98 in the first quarter of 2017.

Financing Activity

As of March 31, 2018, the company had $200 million in undrawn capacity in the aggregation facility and approximately 29 MWs of available installation capacity remaining in its tax equity funds. Subsequent to quarter end, the company closed a new tax equity partnership with a $101 million commitment that will fund the installation of approximately 64 MWs with a new tax equity investor.

Summary First Quarter 2018 Financial Results

$ amounts in millions, except per share data













Three Months Ended March 31,



2018



2017



YoY


Revenue:












     Operating leases and incentives

$

31.1



$

30.4



up 2%


     Solar energy system and product sales


37.1




22.7



up 63%


Total Revenue


68.3




53.1



up 28%


Cost of revenue:












     Operating leases and incentives


38.7




35.1



up 10%


     Solar energy system and product sales


26.0




18.7



up 40%


Total cost of revenue


64.7




53.7



up 20%


Gross profit (loss)


3.5




(0.6)



up 667%


Loss from Operations


(28.1)




(31.1)



up 10%


Net (loss) income

$

(13.0)



$

13.3



down 198%


Net (loss) income per diluted share

$

(0.11)



$

0.11



down 200%


Non-GAAP net loss per share

$

(0.53)



$

(0.50)



down 6%













Note: Totals may not sum due to rounding.

Guidance for the Second Quarter 2018

The following statements are based on current expectations. These statements are forward-looking, and actual results may differ materially. These statements supersede all prior statements regarding projected 2018 financial results.

For the second quarter of 2018, Vivint Solar expects:

  • MW Installed: 45 to 48 MWs
  • Cost per Watt: $3.05 - $3.13

Earnings Conference Call

Vivint Solar will host an investor conference call and live webcast today, Tuesday, May 8, 2018, at 5:00 p.m. ET to discuss these financial results. To access the conference call, dial 1.866.393.4306 or 1.734.385.2616 for international callers. The conference ID is 233 7889. A listen-only webcast will be accessible on the investor relations page of the company's website at investors.vivintsolar.com/ and will be archived and available on this site until May 31, 2018. Participants should follow the instructions provided on the website to download and install the necessary audio applications in advance of the call. In addition, the earnings presentation slides will be available on the investor relations page of the site by 5:00 p.m. ET along with this press release and the financial information discussed on today's conference call at investors.vivintsolar.com/.

About Vivint Solar

Vivint Solar is a leading full-service residential solar provider in the United States. With Vivint Solar, customers can power their homes with clean, renewable energy and typically achieve significant financial savings over time. Offering integrated residential solar solutions for the entire customer lifecycle, Vivint Solar designs and installs the solar energy systems for its customers, and offers monitoring and maintenance services. In addition to being able to purchase a solar energy system outright, customers may benefit from Vivint Solar's affordable, flexible financing options, power purchase agreements, or lease agreements, where available. For more information, visit www.vivintsolar.com or follow @VivintSolar on Twitter.

Note on Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, including statements regarding Vivint Solar's guidance for Megawatts Installed and Cost per Watt, installation capacity remaining in tax equity funds, growth prospects, and operating and financial results, such as estimates of nominal contracted payments remaining, estimated retained value, and estimated retained value per watt, including the assumptions related to the calculation of the foregoing metrics.

Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements should not be read as a guarantee of future performance or results, and they will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. These statements are based on current expectations and assumptions regarding future events and business performance as of the date of this press release, and they are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including but not limited to: the availability of additional financing on acceptable terms; changes in the retail price of traditional utility generated electricity; changes in electric utility policies and regulations; the availability of rebates, tax credits and other incentives, including solar renewable energy certificates, or SRECs, and other federal and state incentives; regulations and policies related to net metering; changes in regulations, tariffs and other trade barriers and tax policy affecting us and our industry; our ability to manage growth, product offering mix, and costs effectively, including attracting, training and retaining sales personnel and solar energy system installers; the availability and price of solar panels and other system components, the assumptions employed in calculating our operating metrics may be inaccurate; and such other risks identified in the registration statements and reports that Vivint Solar files with the U.S. Securities and Exchange Commission, or SEC, from time to time. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in those statements will be achieved or will occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. Except as required by law, Vivint Solar does not undertake and expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. You should read the documents Vivint Solar has filed with the SEC for more complete information about the company. These documents are available on both the EDGAR section of the SEC's website at www.sec.gov and the Investor Relations section of the company's website at investors.vivintsolar.com/.

Vivint Solar, Inc.


Condensed Consolidated Unaudited Balance Sheets


(In thousands)











March 31,



December 31,



2018



2017


ASSETS








Current assets:








Cash and cash equivalents

$

78,466



$

108,452


Accounts receivable, net


18,236




19,665


Inventories


15,790




22,597


Prepaid expenses and other current assets


22,234




34,049


Total current assets


134,726




184,763


Restricted cash and cash equivalents


47,773




46,486


Solar energy systems, net


1,727,479




1,673,532


Property and equipment, net


13,315




15,078


Intangible assets, net


725




862


Prepaid tax asset, net





505,883


Other non-current assets, net


41,763




37,325


TOTAL ASSETS

$

1,965,781



$

2,463,929


LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS AND EQUITY








Current liabilities:








Accounts payable

$

40,751



$

40,736


Accounts payable—related party


529




163


Distributions payable to non-controlling interests and redeemable non-controlling interests


7,501




16,437


Accrued compensation


19,890




20,992


Current portion of long-term debt


13,566




13,585


Current portion of deferred revenue


24,255




41,846


Current portion of capital lease obligation


3,439




4,166


Accrued and other current liabilities


25,989




29,675


Total current liabilities


135,920




167,600


Long-term debt, net of current portion


959,187




925,964


Deferred revenue, net of current portion


11,311




29,200


Capital lease obligation, net of current portion


1,226




1,599


Deferred tax liability, net


356,984




342,382


Other non-current liabilities


12,623




13,674


Total liabilities


1,477,251




1,480,419


Commitments and contingencies








Redeemable non-controlling interests


130,107




122,444


Stockholders' equity:








Common stock


1,153




1,151


Additional paid-in capital


562,962




559,788


Accumulated other comprehensive income


13,694




6,905


(Accumulated deficit) retained earnings


(277,015)




213,107


Total stockholders' equity


300,794




780,951


Non-controlling interests


57,629




80,115


Total equity


358,423




861,066


TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS AND EQUITY

$

1,965,781



$

2,463,929


Vivint Solar, Inc.


Condensed Consolidated Unaudited Statements of Operations


(In thousands, except per share data)











Three Months Ended



March 31,



2018



2017


Revenue:








Operating leases and incentives

$

31,114



$

30,389


Solar energy system and product sales


37,136




22,725


Total revenue


68,250




53,114


Cost of revenue:








Cost of revenue—operating leases and incentives


38,687




35,070


Cost of revenue—solar energy system and product sales


26,045




18,665


Total cost of revenue


64,732




53,735


Gross profit (loss)


3,518




(621)


Operating expenses:








Sales and marketing


11,125




8,818


Research and development


486




896


General and administrative


19,851




20,579


Amortization of intangible assets


136




140


Total operating expenses


31,598




30,433


Loss from operations


(28,080)




(31,054)


Interest expense


16,922




14,721


Other (income) expense, net


(2,261)




276


Loss before income taxes


(42,741)




(46,051)


Income tax expense


18,643




9,401


Net loss


(61,384)




(55,452)


Net loss attributable to non-controlling interests and redeemable non-controlling interests


(48,408)




(68,744)


Net (loss attributable) income available to common stockholders

$

(12,976)



$

13,292


Net (loss attributable) income available per share to common stockholders:








Basic

$

(0.11)



$

0.12


Diluted

$

(0.11)



$

0.11


Weighted-average shares used in computing net (loss attributable) income available per share to common stockholders:








Basic


115,155




110,765


Diluted


115,155




116,398


Vivint Solar, Inc.


Condensed Consolidated Unaudited Statements of Cash Flows


(In thousands)











Three Months Ended



March 31,



2018



2017


CASH FLOWS FROM OPERATING ACTIVITIES:








Net loss

$

(61,384)



$

(55,452)


Adjustments to reconcile net loss to net cash (used in) provided by operating activities:








Depreciation and amortization


16,307




14,162


Amortization of intangible assets


136




140


Deferred income taxes


18,969




36,125


Stock-based compensation


2,969




3,922


Loss on solar energy systems and property and equipment


570




2,025


Non-cash interest and other expense


2,007




2,126


Reduction in lease pass-through financing obligation


(687)




(649)


(Gains) losses on interest rate swaps


(2,262)




276


Changes in operating assets and liabilities:








Accounts receivable, net


1,429




(4,481)


Inventories


6,807




(2,115)


Prepaid expenses and other current assets


11,746




27,901


Prepaid tax asset, net





(24,181)


Other non-current assets, net


385




(3,861)


Accounts payable


374




641


Accrued compensation


(2,351)




(1,763)


Deferred revenue


(9,083)




2,109


Accrued and other liabilities


(103)




6,473


Net cash (used in) provided by operating activities


(14,171)




3,398


CASH FLOWS FROM INVESTING ACTIVITIES:








Payments for the cost of solar energy systems


(72,208)




(75,140)


Payments for property and equipment


(40)




(278)


Proceeds from disposals of solar energy systems and property and equipment


775




171


Net cash used in investing activities


(71,473)




(75,247)


CASH FLOWS FROM FINANCING ACTIVITIES:








Proceeds from investment by non-controlling interests and redeemable non-controlling interests


42,771




58,560


Distributions paid to non-controlling interests and redeemable non-controlling interests


(18,122)




(15,027)


Proceeds from long-term debt


40,000




253,750


Payments on long-term debt


(7,748)




(141,159)


Payments for debt issuance and deferred offering costs





(10,430)


Proceeds from lease pass-through financing obligation


852




852


Principal payments on capital lease obligations


(1,015)




(1,196)


Proceeds from issuance of common stock


207




147


Net cash provided by financing activities


56,945




145,497


NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS, INCLUDING RESTRICTED AMOUNTS


(28,699)




73,648


CASH AND CASH EQUIVALENTS, INCLUDING RESTRICTED AMOUNTS—Beginning of period


154,938




123,439


CASH AND CASH EQUIVALENTS, INCLUDING RESTRICTED AMOUNTS—End of period

$

126,239



$

197,087


Vivint Solar, Inc.


Key Operating Metrics



























Three Months Ended



March 31,



December 31,



March 31,



2018



2017



2017














 Installations


5,813




6,467




6,581


 Megawatts installed


40.4




44.6




45.8


 Cumulative installations


132,643




126,830




106,179


 Cumulative megawatts installed


905.3




864.9




726.9


 Estimated nominal contracted payments remaining (in millions)

$

3,128.2



$

3,021.6



$

2,691.9


      Estimated retained value under energy contracts (in millions)

$

1,295.7



$

1,238.0



$

1,068.3


      Estimated retained value of renewal (in millions)

$

396.6



$

377.1



$

317.4


 Estimated retained value (in millions)

$

1,692.3



$

1,615.1



$

1,385.7


 Estimated retained value per watt

$

2.02



$

2.00



$

1.97


Sensitivity Analysis for Retained Value

The following table provides quantitative sensitivity analysis of our estimate of retained value of solar energy systems under contracts as of March 31, 2018, including both the contracted and estimated renewal portion, at a range of discount rates (retained value amounts in millions):


4%



6%



8%


 Estimated retained value under energy contracts

$

1,541.0



$

1,295.7



$

1,102.6


 Estimated retained value of renewal


617.0




396.6




257.8


 Total estimated retained value

$

2,158.0



$

1,692.3



$

1,360.4


Non-GAAP Earnings per Share (EPS) Before Non-controlling Interests

We report GAAP EPS, which is based upon net (loss attributable) income available to common stockholders. We also report non-GAAP EPS. The difference between GAAP EPS and non-GAAP EPS is that non-GAAP EPS is based on net loss, which excludes net loss attributable to non-controlling interests and redeemable non-controlling interests. As we are in a net loss position for all periods reported, potentially issuable shares are excluded from the diluted EPS calculation since the effect would be antidilutive. Therefore, basic and diluted non-GAAP EPS are the same in each period presented.

Under GAAP accounting, we report net loss attributable to non-controlling interests and redeemable non-controlling interests to reflect our joint venture fund investors' allocable share in the results of these joint venture investment funds. Net loss attributable to non-controlling interests and redeemable non-controlling interests is calculated based primarily on the hypothetical liquidation at book value, or HLBV, method, which assumes that the joint venture funds are liquidated at the reporting date, even though liquidation may or may not ever occur. Additionally, the returns that will be allocated to the investors over the expected terms of the investment funds may differ significantly from the amounts calculated under the HLBV method. Accordingly, we also report non-GAAP EPS based on our losses before net loss attributable to non-controlling interests and redeemable non-controlling interests per share, which we view as a better measure of our operating performance.  Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as a substitute for our financial results prepared in accordance with GAAP.

According to this definition, the non-GAAP loss before the allocation of loss attributable to non-controlling interests and redeemable non-controlling interests per share was ($0.53) for the three months ended March 31, 2018.

Vivint Solar, Inc.


Reconciliation from GAAP EPS to Non-GAAP EPS


(In thousands, except per share data)



































Three Months Ended



March 31, 2018



March 31, 2017



Net Loss



EPS



Net Loss



EPS


Net (loss attributable) income available to common stockholders

$

(12,976)



$

(0.11)



$

13,292



$

0.12


Net loss attributable to non-controlling interests and redeemable non-controlling interests


(48,408)




(0.42)




(68,744)




(0.62)


Non-GAAP net loss

$

(61,384)



$

(0.53)



$

(55,452)



$

(0.50)


Weighted-average shares used in computing net loss per share






115,155








110,765


Glossary of Definitions

"Installations" represents the number of solar energy systems installed on customers' premises.

"MWs or megawatts" represents the DC nameplate megawatt production capacity.

"MW Booked" represents the aggregate megawatt nameplate capacity of solar energy systems that were permitted during the period net of cancellations in the period.

"MW Installed" represents the aggregate megawatt nameplate capacity of solar energy systems for which panels, inverters, and mounting and racking hardware have been installed on customer premises in the period.

"Nominal Contracted Payments Remaining" equals the sum of the remaining cash payments that Vivint Solar's customers are expected to pay over the term of their agreements for systems installed as of the measurement date. For a power purchase agreement, Vivint Solar multiplies the contract price per kilowatt-hour by the estimated annual energy output of the associated solar energy system to determine the estimated nominal contracted payments. For a customer lease, Vivint Solar includes the monthly fees and upfront fee, if any, as set forth in the lease.

"Retained Value" represents the net cash flows, discounted at 6%, that Vivint Solar expects to receive from customers pursuant to long-term customer contracts net of estimated cash distributions to fund investors and estimated operating expenses for systems installed as of the measurement date. For purposes of the calculation, Vivint Solar aggregates the estimated retained value from the solar energy systems during the typical 20-year term of Vivint Solar's contracts, which Vivint Solar refers to as estimated retained value under energy contracts, and the estimated retained value associated with an assumed 10-year renewal term following the expiration of the initial contract term, which Vivint Solar refers to as estimated retained value of renewal. To calculate estimated retained value of renewal, Vivint Solar assumes all contracts are renewed at 90% of the contractual price in effect at the expiration of the initial term.

"Retained Value per Watt" is calculated by dividing the estimated retained value as of the measurement date by the aggregate nameplate capacity of solar energy systems under long-term customer contracts that have been installed as of such date, and is subject to the same assumptions and uncertainties as estimated retained value.

"Undeployed Tax Equity Financing Capacity" represents a forecast of the amount of megawatts that can be deployed based on committed available tax equity financing for energy contracts.

Investor Contact:

Rob Kain
855-842-1844
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Press Contact:

Helen Langan
385-202-6577
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SOURCE Vivint Solar

Read more: Vivint Solar Reports First Quarter 2018 Results

NEW YORK, May 8, 2018 /PRNewswire/ --

If you want a free Stock Review on CSIQ, FSLR, HIMX, and JKS sign up now at www.wallstequities.com/registration. Pre-market, WallStEquities.com has selected the following Semiconductor Specialized stocks for monitoring: Canadian Solar Inc. (NASDAQ: CSIQ), First Solar Inc. (NASDAQ: FSLR), Himax Technologies Inc. (NASDAQ: HIMX), and JinkoSolar Holding Co. Ltd (NYSE: JKS). These companies are part of the Semiconductor industry, which serves as a driver, enabler, and indicator of technological progress. Developments in the industry determine the way people work, transport themselves, communicate, entertain themselves, and respond to their environment. All you have to do is sign up today for this free limited time offer by clicking the link below.

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Canadian Solar

Guelph, Canada-based Canadian Solar Inc.'s stock finished Monday's session 2.81% higher at $15.75 with a total trading volume of 464,932 shares. The Company's shares have advanced 2.67% over the previous three months and 18.33% over the past year. The stock is trading below its 50-day moving average by 1.76%. Furthermore, shares of Canadian Solar, which together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name, have a Relative Strength Index (RSI) of 49.48.  

On May 04th, 2018, Canadian Solar announced that the Company won J-Money's Best Structured Product Award during its Japan Deals of the Year 2017 awards program. The Company is celebrating its second award win for its innovative dual-tenor green project bond, adding the accolade to the prior Project Bond of the Year Award by Environmental Finance and third financing award to date worldwide for 2017. Get the full research report on CSIQ for free by clicking below at: www.wallstequities.com/registration/?symbol=CSIQ

First Solar

Shares in Tempe, Arizona headquartered First Solar Inc. ended at $67.15, up 1.18% from the last trading session. The stock recorded a trading volume of 1.97 million shares, which was above its three months average volume of 1.74 million shares. The Company's shares have gained 5.75% in the previous three months and 94.41% over the past year. The stock is trading 11.31% above its 200-day moving average. Moreover, shares of First Solar, which provides photovoltaic solar energy solutions in the US and internationally, have an RSI of 41.92.  

On April 26th, 2018, First Solar announced plans to build a new solar module manufacturing facility near its existing Perrysburg, Ohio flagship plant. The 1.2-gigawatt factory is expected to create 500 new jobs in northwestern Ohio and will produce the Company's advanced technology Series 6 thin film photovoltaic module.

On April 30th, 2018, research firm Goldman reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $67 a share to $75 a share. Gain free access to the research report on FSLR at: www.wallstequities.com/registration/?symbol=FSLR

Himax Technologies

Tainan City, Taiwan headquartered Himax Technologies Inc.'s stock ended yesterday's session 1.11% higher at $7.30 with a total trading volume of 1.87 million shares. The Company's shares have advanced 14.42% in the past month and 6.57% over the past year. The stock is trading 1.22% above its 50-day moving average. Additionally, shares of Himax Technologies, which provides display imaging processing technologies worldwide, have an RSI of 55.20.  

On April 23rd, 2018, Himax Technologies announced that it will hold a conference call with investors and analysts on May 10th, 2018, at 8:00 a.m. US EDT to discuss its Q1 2018 financial results. The webcast of the call may be accessed on the Company's website. Signing up today on Wall St. Equities will give you access to the latest report on HIMX at: www.wallstequities.com/registration/?symbol=HIMX

JinkoSolar Holding

On Monday, shares in Shangrao, China-based JinkoSolar Holding Co. Ltd recorded a trading volume of 512,331 shares. The stock finished 3.65% higher at $18.19. The Company's shares have advanced 7.51% over the past year. The stock is trading below its 50-day moving average by 3.10%. Furthermore, shares of JinkoSolar, which together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products in China and internationally, have an RSI of 46.32.  

On April 25th, 2018, JinkoSolar announced that it filed its annual report on Form 20-F for the fiscal year ended December 31st, 2017 with the SEC on April 24th, 2018. The annual report on Form 20-F contains the Company's audited consolidated financial statements and is available on its investor relations website. Register now for today's free coverage on JKS at: www.wallstequities.com/registration/?symbol=JKS

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Read more: Initiating Research Reports on Semiconductor...

SAN CARLOS, Calif., May 9, 2018 /PRNewswire/ -- eMotorWerks, part of the Enel Group's new advanced energy services division Enel X, has developed the JuiceNet Enterprise solution to simplify the management of large numbers of electric vehicle charging stations across multiple sites. By deploying both smart-charging EV supply equipment (EVSE) and cloud software solutions on a commercial scale, electric car and truck fleet owners as well as workplace and commercial real estate facility managers can now expect to:

  • remotely manage fleets of chargers at various locations from a single cloud dashboard
  • maximize EV charging capabilities on their properties, helping to keep costs to electrical building upgrades low, and
  • enjoy new revenues as well as offset costs from participating in energy service programs such as demand response.

"Consumers spurred the EV revolution, but today charging at fleet depots and commercial buildings is becoming more critical as the electrification movement gains momentum," said Val Miftakhov, Head of eMotorWerks. "We know people are more likely to purchase EVs if their workplaces offer charging options. Now, commercial operators can offer EV charging as an integral component of their business operations, while also allowing them to keep their capital and operating costs lower than what they can achieve through traditional offerings. It is a winning combination that may help expand the proliferation of EVs even faster."

Through the dynamic load balancing control of the JuiceNet Enterprise solution, EV owners can install more stations on their property without costly electrical upgrades to their building infrastructure, balancing the charging load in real-time to match site electrical capacity. In addition, JuiceNet Enterprise enables EV drivers and building managers to optimize renewable energy use by aligning their charging when solar and wind generation are most abundant on the grid. The solution also allows customers to reduce onsite peak electricity demand charges by sharing loads between chargers throughout the day, all while still ensuring drivers have their vehicles at the desired charge level when needed. The new system also empowers drivers to locate available stations within their private network by using the JuiceNet mobile app.

JuiceNet Enterprise also allows deployed stations to automatically shift power use to nighttime hours, when prices are low, or curtail charging during peak afternoon times. Through JuiceNet Enterprise fleet operators also gain flexible configuration, reporting and notifications, such as the ability to configure charger settings across the network, by customer account, location or individual station. The benefits of JuiceNet Enterprise also extend to a regional utility level, allowing fleets of JuiceNet-enabled EV chargers to aggregate charging loads and respond to demand response programs, helping to bring greater stability to the grid during peak load times.

"JuiceNet enterprise allows us and our fleet customers to easily manage smart-grid charging for multiple vehicles and locations, across one simple dashboard," said Suresh Jayanthi, VP of Energy Services at Chanje Energy. "As more fleets go electric, and more utilities strive for aggregated charging load management, it only makes sense that a technology like JuiceNet Enterprise is integrated into the energy solutions for our fleet customers, as well as any other large-scale charging network."

As part of a nationwide rollout, Chanje has already deployed 65 of eMotorWerk's JuiceBox Pro 40 charging to facilities in California, Illinois and New York, along with its customer Ryder System, Inc. Chanje is the first company in North America to be able to deliver large-scale fleets of commercial electric trucks. Ryder is the exclusive distribution and service provider for Chanje's medium-duty EV fleet for which the company is offering truck leasing and preventive maintenance solutions as part of Ryder's ChoiceLease and SelectCare fleet maintenance portfolio.

Using JuiceNet Enterprise, Chanje and its fleet manager customers have easy access to tracking and reporting features that provide visibility into the activity of the chargers in their operations, regardless of location. Administrators can view charging activities of each customer account, site or charger level, as well as build reports on the total energy charged during a given time. Such reporting features allow companies, like Chanje, a streamlined method for complying with requirements to participate in California's Low-Carbon Fuel Standards (LCFS) program or utility demand response programs.

JuiceNet Enterprise is a new addition to eMotorWerks' JuiceNet cloud software suite JuiceNet.

About eMotorWerks:
Founded in 2010, and based in the San Francisco Bay Area, eMotorWerks is an Enel Group company, revolutionizing the electric vehicle (EV) charging market with its JuiceNet-enabled smart grid EV charging solutions. JuiceNet enabled devices, such as the company's connected, high-power JuiceBox charging stations, maximize charging efficiency and speed while providing EV owners intuitive control and visibility. By shifting when and how much electricity JuiceNet-enabled stations draw from the grid, eMotorWerks helps utilities and grid operators reduce electricity costs, ease grid congestion, and maximize the use of solar and wind power. eMotorWerks grows the EV charging ecosystem by partnering with EVSE and EV manufacturers to provide an extensive cloud platform for grid balancing and optimization for utilities. In 2017, Inc Magazine named eMotorWerks the 16th Fastest Growing Company in the San Francisco Bay Area, and number 353 in the nation and the company was acquired by Enel, a multinational power company and leading integrated player in the global power, gas and renewables markets. For more information on eMotorWerks, please visit www.emotorwerks.com. Follow us on Twitter (@eMotorWerks), on LinkedIn (https://www.linkedin.com/company/electric-motor-werks-inc-) and Facebook (

).

About Enel X:
Enel X is a new Enel global business line dedicated to developing innovative products and digital solutions in sectors in which energy is showing the greatest potential for transformation: cities, homes, industries and electric mobility.

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SOURCE eMotorWerks

Related Links

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Read more: eMotorWerks Launches JuiceNet Enterprise Cloud...

NEW YORK, May 8, 2018 /PRNewswire/ -- Concierge Auctions has unveiled a robust lineup of its latest luxury real estate offerings throughout the month of May and early June. Global opportunities include a two-story condo within New Orleans' historic St. Elizabeth complex; a retreat overlooking the Canadian Rockies; a Cape Colonial home in Martha's Vineyard; a beachfront villa in Spain; and a contemporary New Jersey farmhouse. Of the 15 total offerings, 12 will sell Without Reserve to the highest bidders. The auctions will take place via the firm's online marketplace, conciergeauctions.com, allowing prospective buyers to bid digitally in real time from anywhere in the world.

Concierge Auctions' May/June Lineup Features:

New Orleans, Louisiana — Bidding Opens May 8th; Bidding Ends May 11th 
1314 Napoleon Avenue, Unit 16

Previously listed for $3.49 million, this two-story condo within the historic St. Elizabeth complex in New Orleans will sell Without Reserve in cooperation with Rosy Wilson of Dorian Bennett Sotheby's International Realty. Comprised of 5,000 square feet, condo unit 16 offers an open floor plan featuring three bedrooms including a spacious master suite with walk-in closet; five bathrooms including a master bath with dual sinks, heated mirrors, and a 16-jet shower; seamlessly integrated living and dining areas; a state-of-the-art kitchen; butler's pantry; and wine room. Interior details include marble accents, hardwood floors, ample storage and high-end finishes.

Originally built in 1868, the St. Elizabeth served as a boarding school before being converted to an orphanage in 1870, in which it operated for over 100 years. In 2004, the building was transformed into upscale condos and was listed on the National Register of Historic Places. The Victorian-style building now offers quintessential NOLA charm and modern luxury with 17-foot stained glass windows and 24-foot vaulted ceilings. Residents of the pet-friendly building enjoy community amenities including an in-ground pool, front and back galleries, various common areas, a courtyard, landscaped grounds, gated parking, and security. Located within walking distance to Magazine Street and the St. Charles streetcar line, the St. Elizabeth is perfectly situated to enjoy the city's annual Jazz & Heritage and Voodoo Festivals, and Mardi Gras, with easy access to restaurants, shops and multiple parks.

"The chance to own this esteemed property is a once-in-a-lifetime real estate experience due to its historical significance, architectural aesthetic, and ideal location in uptown New Orleans. Because of its uniqueness and importance, it is perfectly suited for this high-end real estate auction," stated Wilson. 

Calgary, Alberta, Canada — Bidding Opens May 22nd; Bidding Ends May 25th  
12 Grandview Rise

12 Grandview Rise is a coveted mountainside retreat set on two acres of the scenic neighborhood Grandview Park overlooking the Elbow River Valley, with 180-degree views of the Canadian Rockies. Consisting of 3,226 square feet of interior space, the four-bedroom home is comprised of a chef's kitchen; wet bar; media room; den; home office; and recreational room. Additional home finishings include 10-foot-tall vaulted ceilings and hardwood floors. Outside, the property features manicured landscaping; a patio; built-in barbeque; three-car attached garage; and indoor RV parking.

Situated 20 minutes from downtown Calgary, Grandview Park is in close proximity to the area's renowned private schools, regional airport, and bustling central business district. Just minutes from Canada's top national parks, residents are privy to a variety of outdoor activities including skiing, hiking, biking, world-class fly fishing, and whitewater rafting.

Previously listed for $2.775 million, the estate will sell Without Reserve in cooperation with Jason Bamlett of RE/MAX House of Real Estate.

"Ideally set upon one of the most coveted acreages in Grandview Park, within walking distance of the Elbow River, this cul-de-sac residence not only offers endless views of the Rockies and privacy, but also top-of-the-line, custom craftsmanship and quality," Bamlett stated. "The home is a true retreat, yet is in close proximity to top schools, outdoor activities, a regional airport, equestrian facilities and the city's cosmopolitan central business district. For all these reasons and more, we expect the auction to attract true competition globally."

Martha's Vineyard, Massachusetts — Bidding Opens May 24th; Bidding Ends May 30th 
415 Katama Road

Previously listed for $3.995 million, the Cape Colonial home on Martha's Vineyard will sell Without Reserve in cooperation with James E. Joyce of Carroll & Vincent Real Estate. The 1.6-acre property provides privacy and features al fresco entertainment amenities, including an outdoor gourmet kitchen with a gas grill, pizza oven, and wine fridge; Gunite saltwater pool; hot tub; pool house; vegetable garden; and covered outdoor lounge equipped with a fireplace and 55" TV. Inside, the four-bedroom home is comprised of walls of windows, skylights, cedar closets, and custom woodwork. Additional amenities include a Sonos sound system and dehumidifying system; three-car heated garage and boat storage; a private guest suite with steam shower and marble spa bath; and solar panels. 

The home is in a prime location, located within a short walking distance from South Beach and Katama Bay, as well as the 17 acres of conservation land at the renowned Farm Institute.

"This estate offers the best of both worlds in picturesque Martha's Vineyard — with access to the waves of South Beach and the solitude of a beach walk along the shore — all within footsteps of this Katama oasis," Joyce stated. "It's a true representation of the New England lifestyle."

Marbella, Spain — Bidding Opens May 29th; Bidding Ends May 31st  
El Martinete

El Martinete is a luxury beachfront villa situated in the sought-after Puerto Banus region of Marbella, Spain. Formerly owned by renowned Spanish Flamenco dancer Antonio El Bailarín, a close friend of Pablo Picasso, the villa offers the ideal home for entertaining. Picasso's signature is featured at the bottom of the outdoor swimming pool at the property. The renowned artist was a frequent visitor to Bailarín's home and personalized the swimming pool as a birthday gift to his friend.

Inspired by Renaissance architecture, the home consists of a grand foyer — complete with marble columns and molded ceilings — leading to a modern kitchen and reception rooms including a formal dining room with seating space for 20 people; an indoor pool with sauna; a bar; home office; and six luxuriously appointed bedroom suites in the main house. The home consists of four floors accessible via an elevator, leading to a rooftop terrace with kitchen, dining area, BBQ and hot tub, offering spectacular views. Outdoors, the property features exotically landscaped gardens and a raised beach terrace, a rare feature for properties in the area with direct, private access to the beach. Two guest houses offer an additional three bedrooms and three bathrooms, providing for staff accommodation. The property also includes underground car parking for up to six cars.

Previously listed for €15million, El Martinete will sell Without Reserve to the highest bidder in cooperation with Diana Morales of Diana Morales Properties — Knight Frank.

"Beachfront properties are rare in this sought-after area of Southern Spain and beachfront villas offering this level of luxury living even more so," stated Charlie Smith, European advisor for Concierge Auctions. "El Martinete is truly unique. The buyer of the villa will not just be purchasing one of the region's most prestigious properties, but also a one-of-kind piece of art, in the unusual feature of the swimming pool with Pablo Picasso's signature."

Princeton Area, New Jersey — Bidding Open; Ends May 14th 
Sycamore Creek | 48 Elm Ridge Road 

Nicknamed "Sycamore Creek," the estate — renovated by visionary New York architecture firm Stamberg Aferiat + Associates — boasts unparalleled modern amenities and historical charm, surrounded by nearly 1,000 acres of preserved land. Indoors, the six-bedroom home is comprised of a grand master bedroom with an expansive dressing room, en-suite bathroom, jetted tub, and steam shower; state-of-the-art, eat-in kitchen with butler's pantry, breakfast bar, and separate dining area; two-story library; office area; great room; and a wet/dry bar. Additional interior elements include panoramic, floor-to-ceiling windows, cathedral-style ceilings, skylights, three fireplaces, and marble and wood accents. Outdoors, the 31+-acre compound comes with an array of structures including a historic barn, teahouse, separate tenant or caretaker cottage, and three-car garage with attached guesthouse. The estate also includes an extensive deck and pool, and features grassy meadows and mature trees, overlooking Stony Brook and two nearby ponds.

Situated 10 minutes from Princeton University, the town of Pennington is in close proximity to restaurants, golf courses, local vineyards, parks, and some of the nation's most esteemed preparatory schools.

Previously listed for $6.95 million, the estate will sell Without Reserve in cooperation with Maura Mills of Callaway Henderson Sotheby's International Realty.

Additional Upcoming Auctions Include:

  • Lunéa Villa, Mauritius — Lunéa Villa | Anahita Spa and Golf Resort — Bidding Opens May 10th; Ends May 14th
    • In cooperation with Philippe de Beer of Park Lane Properties.
    • Currently Listed for $4.5 million. Selling Without Reserve.
  • Maria Trinidad Sánchez, Dominican Republic — Casa Serena — Bidding Opens May 15th; Ends May 18th
    • In cooperation with Sabine A. Mertes of Select Caribbean Properties.
    • Currently Listed for $1.7 million. Selling Without Reserve.
  • Jamestown, Rhode Island — 52 Newport Street — Bidding Opens May 17th; Ends May 21st
    • In cooperation with Justin Gallant of J.E. Group Properties.
    • Previously Listed for $3.495 million. Selling Without Reserve.
  • Austin, Texas — Sky Crown Terraces | 2708 and 2800 San Juan Drive — Bidding Opens May 22nd; Ends May 25th
    • In cooperation with Sasha Doo of DEN Property Group, LLC.
    • Previously Listed for $1.525 million and $1.575 million. Each selling At or Above $700,000.
  • Fredericksburg, Texas — 2542 Boot Ranch Circle — Bidding Opens May 22nd; Ends May 25th
    • In cooperation with Donald Edward Stefanov of Southwest Partners and Global Partners International Realty.
    • Previously Listed for $1.695 million. Selling At or Above $800,000.
  • Houston Area, Texas — 418 Lakeview— Bidding Opens May 25th; Ends May 30th
    • In cooperation with Leon Shapiro of Shapiro Properties.
    • Previously Listed for $2.2 million. Selling At or Above $1.55 million.
  • Ponte Vedra Beach, Florida — 24716 Harbour View Drive — Bidding Opens May 31st; Ends May 31st
    • In cooperation with Lisa Barton of Berkshire Hathaway HomeServices FL Network Realty.
    • Previously Listed for $2.45 million. Selling Without Reserve.
  • Key Biscayne, Florida — Buena Vista — Bidding Opens May 31st; Ends May 31st
    • In cooperation with Billy Nash of Nash Luxury at The Keyes Company.
    • Previously Listed for $30 million. Selling Without Reserve.
  • Near Evian, France — Casa 26 — Bidding Opens June 5th; Ends June 8th
    • In cooperation with Laurent Guérineau of Knight Frank.
    • Originally Listed for €5.5million. Selling Without Reserve.
  • Grass Valley, California — 19039 Rosemary Lane — Bidding Opens June 5th; Ends June 8th
    • In cooperation with Hugh Macmillan of Golden Gate Sotheby's International Realty.
    • Originally Listed for $4.9 million. Selling Without Reserve.

As part of Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, each sale will result in a new home built for a family in need.

Concierge Auctions offers a commission to the buyers' representing real estate agents. See Auction Terms and Conditions for full details.

For more information on any of these auctions, or if you have a remarkable property to submit for consideration to the Concierge Auctions' platform, call 212.202.2940.

About Concierge Auctions
Concierge Auctions is the largest luxury real estate marketplace in the world. Powered by state-of-the-art technology, the company has generated nearly $2 billion in sales and is active in 38 U.S. states/territories and 19 countries. Concierge curates the best properties globally, matches them with qualified buyers, and facilitates transparent, market-driven transactions in an expedited timeframe. The firm owns what is arguably the most valuable, ultra-high-net-worth client list in real estate and has been named one of America's fastest-growing companies by Inc. Magazine for the past four years. As part of Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, each sale results in a new home built for a family in need.                                                                                                                         

Contact:
Kari Neering This email address is being protected from spambots. You need JavaScript enabled to view it. 
Chanelle Kasik This email address is being protected from spambots. You need JavaScript enabled to view it. 
212-257-1500

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SOURCE Concierge Auctions

Related Links

https://www.conciergeauctions.com

Read more: Concierge Auctions Unveils Latest Lineup...

CHICAGO, May 8, 2018 /PRNewswire/ -- LIGHTFAIR INTERNATIONAL – Visitors to Lightfair 2018 will be able to see a sneak peek of upcoming state-of-the art wireless lighting control solutions, touchscreen interface, and design tool for Wattstopper Digital Lighting Management (DLM), the industry's most powerful and easy-to-use lighting controls platform from Legrand® North & Central America. These latest DLM solutions and capabilities are on display at LIGHTFAIR International 2018 at booth #1843.

"The lighting controls industry is rapidly changing with advancements in wireless protocols and new considerations related to connected devices and the Internet of Things (IoT)," said David Dilitkanich, Director of Business Development at Legrand. "For years, the DLM platform has been a cornerstone in commercial lighting projects because of its ease of design and installation. As technologies progress we're continually investing in extending DLM's capabilities and we are especially excited to preview our new wireless products and touchscreen at Lightfair."

Created with simple building block architecture, DLM makes it easy to comply with the latest energy codes and standards and increase energy savings, and is simple to use with intuitive user interfaces for facility managers and occupants. DLM products on display:

The Wireless DLM system features an unprecedented level of simplicity, scalability, and security for commercial lighting controls. Following the recent launch of the DLM wireless networking solution which connects rooms together wirelessly, Legrand will launch an array of wireless lighting control products this year for rooms. Products include a dimming room controller and battery powered switches and sensors that are designed for easy installation and start up and features innovative mounting options and app-based Bluetooth commissioning.

Wireless DLM will be the most secure wireless lighting control system on the market backed by trusted hardware chips, preloaded digital identity and security profiles, and AES 128-bit encryption. The new wireless system is backwards compatible with wired DLM giving specifiers the flexibility to design wired rooms, wireless rooms, or hybrid rooms depending on the requirements for the space.

The forthcoming introduction of the DLM touchscreen will bring a combination of robust lighting control functionality, elevated user experience, and high-end design complementing today's aesthetic preferences. This one device can replace multiple control devices and with a dashboard interface offers separate screens and easy navigation for simple on/off, scene selection, tunable white control, and timers. The touchscreen offers Plug n' Go technology (native to DLM) for automatic configuration out of the box without additional custom programming required.

The Wattstopper LMCS software adds a new Sequence of Operation Design Tool that alleviates the major headaches associated in project design, quote, and submittal processes. Capabilities include a pre-populated bill of materials and a room diagram generator which reduces the time it takes to develop Sequence of Operations and helps standardize products used. There is also the option to choose the energy code where parameters are automatically changed for the specific code. Another benefit is the Sequence of Operations report feature that is useful in reducing tech support interaction.

To learn more about DLM, visit the team at Booth #1843 or at www.legrand.us/wattstopper/digital-lighting-management-solutions.

About Wattstopper

Wattstopper, a product line of Legrand, offers the most comprehensive line of simple, scalable, and flexible energy-efficient lighting controls and solutions for commercial and residential applications. The Wattstopper range of products, programs, and services has been helping customers save energy, meet green initiatives, and comply with energy codes for more than 30 years. legrand.us/wattstopper

About Legrand and Legrand, North and Central America

Legrand is a global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for use in commercial, industrial, and residential markets makes it a benchmark for customers worldwide. Innovation for a steady flow of new products with high added value is a prime vector for growth, including, in particular, connected devices stemming from Legrand's global Eliot (Electricity and IoT) program. Legrand reported sales of $6.2 billion (USD) in 2017. Legrand has a strong presence in North and Central America, with a portfolio of well-known market brands and product lines that includes AFCO Systems, C2G, Cablofil, Chief, Da-Lite, Electrorack, Finelite, Luxul, Middle Atlantic Products, Milestone AV, Nuvo, OCL, On-Q, Ortronics, Pass & Seymour, Pinnacle, Projecta, QMotion, Quiktron, Raritan, Sanus, Server Technology, Solarfective, Vaddio, Vantage, Wattstopper, and Wiremold. Legrand is listed on Euronext Paris and is a component stock of indexes including the CAC40, FTSE4Good, MSCI World, ASPI, Corporate Oekom Rating, and DJSI (ISIN code FR0010307819) www.legrand.us.

Media Contact:
Mary Placido
, Legrand Building Control Systems
415-218-3627 This email address is being protected from spambots. You need JavaScript enabled to view it.

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SOURCE Legrand, North & Central America

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http://www.legrand.us

Read more: Leading-Edge Capabilities of Wattstopper®...

SMA Solar Technology AG steigert im ersten Quartal 2018 Umsatz und Ergebnis

09.05.2018

Überblick Q1 2018:

  • 1,8 GW verkaufte Wechselrichter-Leistung (Q1 2017: 1,7 GW)
  • Umsatz von 182,5 Mio. Euro (Q1 2017: 173,2 Mio. Euro) und operatives Ergebnis vor Abschreibungen, Zinsen und Steuern (EBITDA) von 17,5 Mio. Euro (Q1 2017: 15,9 Mio. Euro) entsprechen der Vorstandsprognose
  • Bilanzielle Stabilität durch solide Eigenkapitalquote von 50,1 Prozent (31.12.2017: 50,3 Prozent) und hohe Nettoliquidität von 444,8 Mio. Euro (31.12.2017: 449,7 Mio. Euro)
  • Hoher Auftragsbestand von 647,3 Mio. Euro, davon 256,3 Mio. Euro Produktgeschäft
  • Vorstand bestätigt Umsatz- und Ergebnisprognose für das Geschäftsjahr 2018


Die SMA Solar Technology AG (SMA/FWB: S92) verkaufte im ersten Quartal 2018 Wechselrichter mit einer Gesamtleistung von rund 1,8 GW (Q1 2017: 1,7 GW) und steigerte den Umsatz im Vergleich zu den ersten drei Monaten des Vorjahrs um 5,4 Prozent auf 182,5 Mio. Euro (Q1 2017: 173,2 Mio. Euro). Das operative Ergebnis vor Zinsen, Steuern und Abschreibungen (EBITDA) stieg von Januar bis März 2018 auf 17,5 Mio. Euro (EBITDA-Marge: 9,6 Prozent; Q1 2017: 15,9 Mio. Euro, 9,2 Prozent). Der Ergebnissprung im Vergleich zum Vorjahreszeitraum ist signifikant, denn das Vorjahresergebnis enthielt einen hohen einstelligen Millionenbetrag als Sondereffekt aus dem Verkauf der SMA Railway Technology GmbH. Umsatz und Ergebnis des ersten Quartals entsprechen der am 28. März 2018 veröffentlichten Prognose des Vorstands. Der Umsatzanstieg ist insbesondere auf die positive Entwicklung in den Regionen Europa, Mittlerer Osten und Afrika (EMEA) und Asien-Pazifik (APAC) zurückzuführen.

Das Konzernergebnis betrug im ersten Quartal 2018 2,8 Mio. Euro (Q1 2017: 6,3 Mio. Euro). Das Ergebnis je Aktie lag somit bei 0,08 Euro (Q1 2017: 0,17 Euro). Mit einer Nettoliquidität von 444,8 Mio. Euro (31.12.2017: 449,7 Mio. Euro) und einer Eigenkapitalquote von 50,1 Prozent (31.12.2017: 50,3 Prozent) weist SMA weiterhin eine sehr solide Bilanzstruktur auf. Zusätzlich verfügt das Unternehmen über eine langfristige Kreditlinie bei inländischen Banken von 100 Mio. Euro.

„Mit der Entwicklung unseres Kerngeschäfts im ersten Quartal 2018 sind wir zufrieden. Die Nachfrage nach unseren Produkten und Dienstleistungen lag in den ersten drei Monaten des Geschäftsjahrs auf einem ähnlich hohen Niveau wie in den letzten Quartalen. Wir rechnen zudem mit einer stärkeren zweiten Jahreshälfte und sind deshalb optimistisch, die Jahresziele zu erreichen“, erklärt SMA Vorstandssprecher Pierre-Pascal Urbon. „Die Ergänzung unseres Geschäfts um Energiedienstleistungen verfolgen wir konsequent. Auf Basis unserer umfangreichen Anwendungserfahrungen haben wir mit ennexOS eine vertikale Energiemanagementplattform entwickelt, mit der verschiedene Technologien auf lokaler Ebene verknüpft und optimiert werden können. Durch die offene Architektur ist zudem die Anbindung an eine Cloud-Lösung möglich. Damit ist SMA im Bereich der dezentralen Energien Trendsetter und gefragter Kooperationspartner von Unternehmen, die von diesem Wachstumssegment profitieren wollen“.

Aufgrund der Entwicklung im ersten Quartal 2018 sowie des weiterhin hohen Auftragsbestands bestätigt der SMA Vorstand die Umsatz- und Ergebnisprognose für das Geschäftsjahr 2018. Sie sieht bei einem Umsatz von 900 Mio. Euro bis 1.000 Mio. Euro ein operatives Ergebnis vor Abschreibungen, Zinsen und Steuern (EBITDA) von 90 Mio. Euro bis 110 Mio. Euro vor. Das EBITDA berücksichtigt erstmals Aufwendungen für den Aufbau des digitalen Geschäfts von mehr als 10 Mio. Euro. Die Abschreibungen werden sich nach Vorstandsschätzung auf ca. 50 Mio. Euro belaufen.

Die Quartalsmitteilung Januar bis März 2018 steht auf der Internetseite www.SMA.de/IR/Finanzberichte zum Abruf bereit. Die Hauptversammlung der SMA findet am 24. Mai 2018 in Kassel statt.


Über SMA
Die SMA Gruppe ist mit einem Umsatz von rund 900 Mio. Euro im Jahr 2017 ein global führender Spezialist für Photovoltaik-Wechselrichter, einer zentralen Komponente jeder Solarstromanlage. SMA bietet ein breites Produkt- und Lösungsportfolio an, das einen hohen Energieertrag für solare Hausdachanlagen, gewerbliche Solarstromanlagen und große Solarkraftwerke ermöglicht. Zur effizienten Steigerung des PV-Eigenverbrauchs kann die SMA Systemtechnik einfach mit unterschiedlichen Batterietechnologien kombiniert werden. Intelligente Energiemanagement-Lösungen, umfangreiche Servicedienstleistungen sowie die operative Betriebsführung von Solarkraftwerken runden das Angebot von SMA ab. Hauptsitz des Unternehmens ist Niestetal bei Kassel. SMA ist in 20 Ländern vertreten und beschäftigt weltweit mehr als 3.000 Mitarbeiter, davon allein 500 in der Entwicklung. Die mehrfach ausgezeichnete Technologie von SMA ist durch über 1.100 Patente und eingetragene Gebrauchsmuster geschützt. Die Muttergesellschaft SMA Solar Technology AG ist seit 2008 im Prime Standard der Frankfurter Wertpapierbörse (S92) notiert und aktuell als einziges Unternehmen der Solarbranche im TecDAX gelistet.


SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Germany

Leitung Unternehmenskommunikation:
Anja Jasper
Tel. +49 561 9522-2805
This email address is being protected from spambots. You need JavaScript enabled to view it.

Kontakt Presse:
Susanne Henkel
Manager Corporate Press
Tel. +49 561 9522-1124
Fax +49 561 9522-421400
This email address is being protected from spambots. You need JavaScript enabled to view it.


Disclaimer:
Diese Pressemitteilung dient lediglich zur Information und stellt weder ein Angebot oder eine Aufforderung zum Kauf, Halten oder Verkauf von Wertpapieren der SMA Solar Technology AG („Gesellschaft“) oder einer gegenwärtigen oder zukünftigen Tochtergesellschaft der Gesellschaft (gemeinsam mit der Gesellschaft: „SMA Gruppe“) dar noch sollte sie als Grundlage einer Abrede, die auf den Kauf oder Verkauf von Wertpapieren der Gesellschaft oder eines Unternehmens der SMA Gruppe gerichtet ist, verstanden werden.

Diese Pressemitteilung kann zukunftsgerichtete Aussagen enthalten. Zukunftsgerichtete Aussagen sind Aussagen, die nicht Tatsachen der Vergangenheit beschreiben. Sie umfassen auch Aussagen über unsere Annahmen und Erwartungen. Diese Aussagen beruhen auf Planungen, Schätzungen und Prognosen, die der Geschäftsleitung der SMA Solar Technology AG (SMA oder Gesellschaft) derzeit zur Verfügung stehen. Zukunftsgerichtete Aussagen gelten deshalb nur an dem Tag, an dem sie gemacht werden. Zukunftsgerichtete Aussagen enthalten naturgemäß Risiken und Unsicherheitsfaktoren. Verschiedene bekannte wie auch unbekannte Risiken, Ungewissheiten und andere Faktoren können dazu führen, dass die tatsächlichen Ergebnisse, die Finanzlage, die Entwicklung oder die Performance der Gesellschaft wesentlich von den hier gegebenen Einschätzungen abweichen. Diese Faktoren schließen diejenigen ein, die SMA in veröffentlichten Berichten beschrieben hat. Diese Berichte stehen auf der SMA Webseite www.SMA.de zur Verfügung. Die Gesellschaft übernimmt keinerlei Verpflichtung, solche zukunftsgerichteten Aussagen fortzuschreiben und an zukünftige Ereignisse oder Entwicklungen anzupassen.

Read more: SMA Solar Technology AG steigert im ersten...

ROCKVILLE, Md.--(BUSINESS WIRE)--Standard Solar, Inc., a leading solar energy company specializing in the development and financing of solar electric systems nationwide, today announced the completion of a solar project in Eureka, California in partnership with the Humboldt Bay Harbor District. The 717 kilowatt rooftop solar array, commissioned and financed by Standard Solar, will also be operated and maintained by the company. ClicktoTweet

With an expected $48,500 in annual savings, along with an upfront roof lease payment, the creative financing provided by Standard Solar will help the district achieve its clean energy goals and position itself for future growth.

“This project, an ideal addition to our solar portfolio in California, underscores our ability to bring good projects online through our partnership focus and flexibility when it comes to financing,” said Scott Wiater, president and CEO, Standard Solar. “We believe in the future of this area and were willing to fund this project up-front in order to give the district the financial stability it needs to prosper.”

The Humboldt Bay Harbor District in Northern California along U.S. Route 101 is the second-largest natural bay in the state and one of California’s most pristine estuarine environments. Expected to annually produce approximately 882,000 kilowatts hours and offset the greenhouse gas emissions from 141 passenger vehicles driven for one year, this project reflects the area’s focus on sustainability.

“This is a great opportunity for the Humboldt Bay Harbor District to provide a sustainable future that directly benefits the district financially. Working with Standard Solar is a true win-win for us,” said Larry Oetker, Executive Director of Humboldt Bay Harbor, Recreation, and Conservation District.

The solar array, financed through a 25-year power purchase agreement (PPA), is installed on a property that is an industrial space and decommissioned power plant that has been repurposed for development capabilities.

About Standard Solar

Standard Solar, Inc. is a leading solar energy company specializing in the development and financing of solar electric systems nationwide. Dedicated to making Distributed Generation (DG) solar more accessible to businesses, institutions, governments and utilities, the company is forging the path for clean, renewable energy development through turnkey solutions. With more than 100 megawatts installed, financed and maintained, Standard Solar is one of the most trusted and respected solar companies in the US. Owned by Énergir, a leading energy provider with more than $5.8 billion US in assets, Standard Solar operates nationally and is headquartered in Rockville, Md. For more information, please visit www.standardsolar.com

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CHONGQING, China, May 8, 2018 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its Phase 4A expansion plan which will increase its annual polysilicon production capacity by 35,000 MT to a total of 65,000 MT by the first quarter of 2020.

The Phase 4A expansion plan calls for the construction of a new manufacturing facility adjacent to the Company's existing facilities in Shihezi, Xinjiang Uygur Autonomous Region in China. The design, construction and installation of the new facility is scheduled to commence in May 2018 with pilot production expected to begin in the fourth quarter of 2019 before ramping up to full 35,000 MT annual production capacity in the first quarter of 2020. The capital expenditures for the expansion project is estimated to be approximately RMB3.2 billion, which will be financed by the Company's cash, cash flow from operations, bank loans, bonds, prepayments and other sources. Phase 4A compliments Phase 3B of the Company's capacity expansion which will increase the total annual production capacity from 18,000 MT to 30,000 MT by 2019. The pace of construction of Phase 3B was accelerated during the first quarter of 2018 and is now expected to be completed and begin pilot production by the end of 2018 before ramping up to full production capacity during the first quarter of 2019.

Mr. Longgen Zhang, Chief Executive Officer of Daqo New Energy, commented, "The entirety of our Phase 4 expansion plan will expand its manufacturing capacity by a total of 70,000 MT over two phases, Phase 4A and 4B, which will each consist of 35,000 MT of expanded manufacturing capacity. Phase 4A is an important milestone in our long-term expansion plan to meet customer's surging demand and urgent needs for ultra-high purity polysilicon. We produced 20,200 MT of polysilicon in 2017, representing a 12.2% increase compared with our nameplate capacity of 18,000 MT. As Phase 3B of our expansion plan enters the final stages, we have strategically planned to add an additional 35,000 MT of annual manufacturing capacity by 2020, which will increase our total production capacity to 65,000 MT. This new facility will feature state-of-the-art equipment and technology and produce ultra-high purity mono-crystalline-grade polysilicon, which is in strong demand and only a very few Chinese producers have the capability to produce. Furthermore, this additional capacity will improve manufacturing efficiency and is expected to further reduce costs by approximately US$1.70 per kilogram from current levels. With capital expenditures for this facility expected to be at around US$14.0-15.0 per kilogram, we believe that this investment will yield long-term sustainable results for our shareholders. We will continue to focus on serving our customers with high quality products, improving polysilicon purity and further reduce costs to strengthen our manufacturing leadership in the industry."

ABOUT DAQO NEW ENERGY CORP.

Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company) is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2008, the Company is one of the world's lowest cost producers of high-purity polysilicon and solar wafers. Daqo primarily sells its products to solar cell and solar module manufacturers across the globe and is also a leading supplier of ultra-high-quality polysilicon for the production of high-efficiency mono-crystalline solar products.  Daqo's highly-efficient and technically advanced manufacturing facility in Xinjiang Province currently has annual polysilicon production capacity of 18,000 metric tons, and the Company is undergoing capacity expansion to reach annual polysilicon production capacity of 30,000 metric tons by the end of 2018. The Company also operates a solar wafer manufacturing facility in Chongqing, China.

For further information, please contact:

Daqo New Energy Corp.
Investor Relations Department
Phone: +86-187-1658-5553
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Christensen

In China
Mr. Christian Arnell
Phone: +86-10- 5900-1548
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In US
Mr. Tip Fleming
Phone: +1-917-412-3333
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

For more information about Daqo New Energy, please visit http://daqo.gotoip1.com/

Cision View original content:http://www.prnewswire.com/news-releases/daqo-new-energy-announces-expansion-plan-to-increase-production-capacity-to-65-000-mt-by-2020--300644389.html

SOURCE Daqo New Energy Corp.

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