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PR Newswire

Maxeon Solar Technologies Earns Prestigious LEED Gold Certification

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Solar cell production plant in the Philippines becomes company’s fifth global facility with recognized green building standards

SINGAPORE, Jan. 19, 2021 — Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation, announced today that its Maxeon solar cell fabrication facility in Laguna, Philippines, has been awarded Leadership in Energy and Environmental Design for Building Design and Construction (LEED BD+C) Gold certification for its environmental performance and sustainable operations, making it the fifth building to meet sustainable LEED standards for the company.

LEED is a green building certification program developed by the non-profit U.S. Green Building Council (USGBC) and used worldwide. It is a transparent process that includes a set of rating systems for the design, construction, operation, and maintenance of green constructions aiming to help building owners and operators be environmentally responsible and use resources efficiently. In particular, LEED for Building Design and Construction (LEED BD+C) provides a framework for planning and building a holistic green edifice, giving the opportunity to implement every sustainability feature and maximizing the benefits.

"We are honored to receive this designation which is an international symbol of excellence and recognizes our efforts towards sustainability, a green environment and the preservation of human health," said Lindsey Wiedmann, Chief Legal Officer and Global Environment, Social, Governance (ESG) Executive Leader at Maxeon Solar Technologies. "We hold ourselves and our products to a higher standard, and believe in delivering solar technologies as clean as the energy they produce. We have five LEED-certified buildings, including three LEED Gold manufacturing sites and two LEED Platinum administrative buildings. We’re proud to tell our customers that every Maxeon IBC solar cell we make will now come from a LEED Gold-certified facility."

The Philippines manufacturing site received LEED BD+C Gold certification for implementing, during the planning and construction phase of the new edifice, a number of measurable strategies and solutions that aimed at achieving high performance in the certification’s six categories: sustainable sites, water efficiency, indoor environmental quality, materials and resources, energy and atmosphere, innovation and design.

Some of the features that helped the plant earn its attestation include:

  • Sustainable site – During the site development phase, the impact of construction on the environment was minimal, with about 20% vegetated open space maintained. The site is also designed with bicycle racks, showers, and changing facilities for employees. A solar carport, roof with high reflectance index and open grid pavement contributed to a more sustainable environment.
  • Water Efficiency – A 50.45% reduction in water use for all plumbing fixtures over conventional use was demonstrated. The presence of native plants and turfing eliminates permanent irrigation system.
  • Energy & Atmosphere – In parallel to the building’s efficient energy systems such as lighting and cooling, a wafer fab facility requires a great amount of electricity for production use. Most equipment that discharges a great amount of heat were designed to recover waste heat for process water heating. The completed energy model demonstrated a 16.7% improvement over  the ASHRAE standard.
  • Materials and resources – The site’s construction waste management plan ensured that 93% of construction waste was diverted from the landfill. The building’s envelope retains 96% of the previous building’s structure.
  • Indoor Air Quality – Best practices were implemented to prevent indoor air pollution during construction, and employee surveys are regularly conducted to continue to ensure staff comfort and health.
  • Innovation – The plan for ongoing operation includes the implementation of green cleaning and green purchasing policies, solid waste management and further reductions in water and energy use. Furthermore, a 225kWp solar panel grid-tie system was recently energized on the manufacturing rooftop.

"In all new developments, Maxeon will continue to hold itself to a high standard to protect the environment and be a leader in sustainability," added Jeff Waters, CEO at Maxeon Solar Technologies. "Each employee embraces it as their goal to preserve and regenerate our environment, and to contribute to Maxeon’s global environmental stewardship."

To learn more about Maxeon Solar Technologies’ accountability in Environmental, Social and Governance (ESG) practices, please visit https://www.maxeon.com/esg.

About Maxeon Solar Technologies
Maxeon Solar Technologies (NASDAQ:MAXN) is Powering Positive Change™. Headquartered in Singapore, Maxeon designs, manufactures and sells SunPower® brand solar panels in more than 100 countries, operating the SunPower brand worldwide except the United States and Canada. The company is the leader in solar innovation with access to over 900 patents and two best-in-class solar panel product lines. With operations in Africa, Asia, Oceania, Europe and Mexico, Maxeon products span the global rooftop and solar power plant markets through a network of more than 1,100 trusted partners and distributors. A pioneer in sustainable solar manufacturing, Maxeon leverages a 35-year history in the solar industry and numerous awards for its technology. For more information about how Maxeon is Powering Positive Change™ visit us at www.maxeon.com, on LinkedIn and on Twitter @maxeonsolar.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding: (a) the effectiveness of our environmental and sustainability efforts and our ability to achieve the expected benefits; and (b) the incorporation of sustainable or environmentally beneficial features during development of new projects or processes, or the implementation of improvements to existing projects and processes. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements.  A detailed discussion of these factors and other risks that affect our business is included in filings we make with the SEC from time to time, including our Form 20-F, which was declared effective by the SEC on August 4, 2020, particularly under the heading "Item 3.D. Risk Factors." Copies of these filings are available online from the SEC or on the Financials & Filings section of our Investor Relations website at www.maxeon.com/financials-filings/sec-filings. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

© 2020 Maxeon Solar Technologies, Ltd. All Rights Reserved. MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd. Visit www.maxeon.com/trademarks for more information.

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Related Links :

https://www.maxeon.com

PR Newswire

CES 2021 Taiwanese Startup, VitalSigns Technology, Debuting at CES with Remarkable Air Quality Monitoring IoT Device

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TAIPEI, Jan. 19, 2021 — Following its previous successes in bio-signal monitors and connective health, VitalSigns Technology shifted gears and entered the IoT industry with its outstanding biosensor and physiological monitoring development capabilities. Its professional air quality monitoring systems EVMGG2H1 (Femto ampere level) and EVMOP1H1 are the latest products designed to detect and control air quality, helping manufacturers, government agencies, and research institutes collect accurate and useful environmental data.

The professional air quality monitor developed by VitalSigns Technology provides real-time detection of environmental data, including humidity, temperature, PM2.5 with Electron Ionization (Femto ampere level) or Optical type, and toxic gases.
The professional air quality monitor developed by VitalSigns Technology provides real-time detection of environmental data, including humidity, temperature, PM2.5 with Electron Ionization (Femto ampere level) or Optical type, and toxic gases.

Why Air Quality Monitoring Matters

Air pollution is a rising concern worldwide, and environmental hazards are exacerbating the spread of diseases such as asthma, cardiovascular disease, lung cancer, and obstructive pulmonary disease.

The increase in awareness of the negative health effects of polluted air has driven significant new market demand for air quality monitoring. The estimated value of the air quality monitoring systems market was $4.76 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.26%, according to Infoholic Research.

One Step forward toward the Smart City of Tomorrow

The professional air quality monitor developed by VitalSigns Technology provides real-time detection of environmental data, including humidity, temperature, PM2.5 with Electron Ionization (Femto ampere level) or Optical type, and toxic gases. The system passed the measurement service assessment conducted by the Industrial Technology Research Institute, a national accreditation body (NAB) in Taiwan, at a 95% coefficient of determination.

Product reliability is important for smart city IoT devices that are required to withstand long operating hours. The VitalSigns system features a thorough power management system as well as a fine-particulate ventilation system, waterproof casing, electricity leakage prevention system, unique shelter design, and a fall-down detector to optimize usage in a variety of locations and conditions.

As for data collection connectivity, VitalSigns uses an LTE module instead of less stable connection methods like Wi-Fi and BLE. In addition, the frequency of data transfer to customers’ IoT platforms is customizable. To avoid any possible data loss due to system crash or poor internet connectivity, VitalSigns’ Real-Time Air Quality Monitor’s remedial measures store data onsite for at least 7 days using a built-in 4GBS flash memory.

To suit different needs and missions, VitalSigns uses Femto ampere sensing technology in its electron impact ionization sensors to measure particulate matter in gas. Furthermore, VitalSigns also provides particular toxic gas sensing solutions that have 24-bit high accuracy gas-detect ADC with Android APP and Wireless BLE 4.2 support.

Improving Wellbeing from a Technology Perspective

The key team members of VitalSigns have decades of experience developing high-accuracy ADC systems and biosensors at major IC design companies, including MediaTek and RichTek.

VitalSigns CEO JL Juang remarked that "Our goal is to keep improving healthcare quality and environmental quality for everyone." The company’s consistent investment in research and development related to high-precision devices, IoT, and big data analytics clinched the decision by Taiwan Tech Arena (TTA) to select VitalSigns to be part of the 100 featured Taiwanese startups showcased at CES 2021.

CES 2021 TTA-VR Pavilion: https://pse.is/3bqfyr

PR Newswire

Prince Albert of Monaco to deliver keynote address at Abu Dhabi Sustainability Week Summit

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– Reimagined ADSW 2021 comprises high-level virtual events including ADSW Summit, IRENA Assembly, Abu Dhabi Sustainable Finance Forum, Atlantic Council Global Energy Forum, Youth 4 Sustainability Virtual Forums and World Future Energy Summit Webinars

– Global leaders from policy, industry and technology to explore social, economic and technological opportunities for delivering a green recovery

ABU DHABI, United Arab Emirates, Jan. 18, 2021 — H.S.H Prince Albert II of Monaco, Head of State, Principality of Monaco will deliver a keynote address at Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, which runs from 18-21 January 2021 as a reimagined virtual event this year.

 

Prince Albert of Monaco to deliver keynote address at Abu Dhabi Sustainability Week Summit
Prince Albert of Monaco to deliver keynote address at Abu Dhabi Sustainability Week Summit

 

His speech on national resilience in the face of COVID-19 at the ADSW Summit on 19 January, will follow the keynote by His Excellency Dr. Sultan Ahmed Al Jaber, UAE’s Minister of Industry and Advanced Technology and Special Envoy for Climate Change and Chairman of Masdar, and is expected to help set the agenda for a green recovery in a post-pandemic world.

ADSW Summit will feature more than 70 high-level speakers from around the world and broadcast online across different time zones to engage audiences across various geographies and markets. The agenda runs over three two-hour sessions that focus on the pillars of "Live & Move," "Care & Engage," and "Work & Invest," with each pillar exploring social, economic and technological opportunities to set and support a sustainable recovery.

The speakers at the one-day virtual ADSW Summit will also include: H.E. Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO Mubadala Investment Company; H.R.H Prince Khaled bin Alwaleed bin Talal Al Saud, Founder and CEO, KBW Ventures; H.E. Grace Fu, Minister for Sustainability and the Environment of the Republic of Singapore; H.E. Sheikha Bodour bint Sultan Al Qasimi, Founder & CEO, Kalimat Publishing Group; H.E. Eng. Awaidha Murshed Al Marar, Chairman of Abu Dhabi Department of Energy; Francesco La Camera, Director General, IRENA; Maimunah Mohd Sharif, Executive Director UN-Habitat; Noel Quinn, Group Chief Executive Officer, HSBC Holdings; Laurence Fink, Chairman and CEO BlackRock; and Dr. Lucas Joppa, Chief Environmental Officer, Microsoft, in addition to many other high-level speakers.

ADSW 2021, which is supported by Abu Dhabi’s Department of Energy as a Principal Partner, will feature a series of high-level virtual events, including the ADSW Summit, IRENA Assembly, Abu Dhabi Sustainable Finance Forum, Atlantic Council Global Energy Forum, Youth 4 Sustainability Virtual Forums and the World Future Energy Summit Webinars.

Through initiatives and events, ADSW is committed to the sharing of knowledge, implementation of strategies and the delivery of real-world solutions to address the challenges related to sustainability and climate change. As the first global event in the UAE’s Golden Jubilee year, ADSW 2021 will help galvanize further collaboration among government, business and community stakeholders to achieve the United Nations’ Sustainable Development Goals

For over a decade, Abu Dhabi has provided a sustainable platform for the global community that has grown through its initiatives and events to emerge as a thought leader and catalyst that accelerates sustainable development around the world.

The 2020 edition of Abu Dhabi Sustainability Week hosted around 45,000 attendees from 170 countries, with more than 500 high-level speakers from around the world.

To ensure the safety of all participants, ADSW 2021 and all related high-level events will take place virtually. The physical program of ADSW will return in 2022.

Register now for the ADSW Summit at www.adsw.ae

About Abu Dhabi Sustainability Week

Abu Dhabi Sustainability Week (ADSW) is a global platform for accelerating the world’s sustainable development. The week brings together a unique fusion of policy makers, industry specialists, technology pioneers and the next generation of sustainability leaders. Through its initiatives and events, ADSW is a catalyst for sharing knowledge, implementing strategies and delivering solutions to drive human progress.

ADSW is committed to furthering our understanding of the major social, economic and environmental trends shaping the world’s sustainable development. 

About Masdar

Abu Dhabi’s renewable energy company Masdar is advancing the commercialization and deployment of renewable energy, sustainable urban development and clean technologies to address global sustainability challenges. Wholly owned by Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, our mandate is to help maintain the UAE’s leadership in the global energy sector, while supporting the diversification of both its economy and energy sources for the benefit of future generations. Today, Masdar is active in more than 30 countries, including the UAE, Jordan, Saudi Arabia, Mauritania, Egypt, Morocco, the UK, the US, Australia, Spain, Serbia, India, Indonesia, Uzbekistan, and many more.

 

 

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PR Newswire

ITM Power plc Sale to Linde of World’s Largest PEM Electrolyser

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GUILDFORD, England, Jan. 14, 2021 — ITM Power ("ITM Power" or "the Company") (AIM: ITM), the energy storage and clean fuel company, is pleased to announce the sale to Linde of a 24MW electrolyser to be installed at the Leuna Chemical Complex in Germany. The full text of the Linde announcement is set out below.

Linde to Build, Own and Operate World’s Largest PEM Electrolyzer for Green Hydrogen

Linde today announced it will build, own and operate the world’s largest PEM (Proton Exchange Membrane) electrolyzer plant at the Leuna Chemical Complex in Germany.

This new 24 megawatt electrolyzer will produce green hydrogen to supply Linde’s industrial customers through the company’s existing pipeline network. In addition, Linde will distribute liquefied green hydrogen to refueling stations and other industrial customers in the region. The total green hydrogen being produced can fuel approximately six hundred fuel cell buses driving 40 million kilometers and saving up to 40,000 tons of carbon dioxide tailpipe emissions per year.

The electrolyzer will be built by ITM Linde Electrolysis GmbH, a joint venture between Linde and ITM Power, using high-efficiency PEM technology. The plant is due to start production in the second half of 2022.

"Clean hydrogen is a cornerstone of the German and EU strategies to address the challenge of climate change. It is part of the solution to help reduce carbon dioxide emissions across many industries, including chemicals and refining," said Jens Waldeck, President Region Europe West, Linde. "This project shows that electrolyzer capacity continues to scale up and it is a stepping stone towards even larger plants."

Linde is a global leader in the production, processing, storage and distribution of hydrogen. It has the largest liquid hydrogen capacity and distribution system in the world. The company also operates the world’s first high-purity hydrogen storage cavern, coupled with an unrivaled pipeline network of approximately 1,000 kilometers to reliably supply its customers. Linde is at the forefront in the transition to clean hydrogen and has installed close to 200 hydrogen fueling stations and 80 hydrogen electrolysis plants worldwide. The company offers the latest electrolysis technology through its joint venture ITM Linde Electrolysis GmbH.

Graham Cooley, CEO of ITM Power, said: "This is the first sale via our joint venture with Linde and is currently the world’s largest announced PEM electrolyser. This is a significant addition to our sales pipeline and illustrates how the capacity and efficiency of our new factory allows us to tender for much larger scale projects. It demonstrates the growing commitment by industry to use green hydrogen produced by electrolysis to decarbonise production processes. We look forward to working closely with Linde to deliver this exciting project."

Andreas Rupieper, MD ILE GmbH said: "ITM Linde Electrolysis GmbH is delighted to have received this order for the world’s largest PEM electrolyser from Linde plc. The close working relationship between the ITM Power engineering team and Linde Engineering in Dresden is driving forward our industrial scale offering to help customers reduce their CO2 emissions. Because we have well-engineered and integrated turn key solutions available today for customers, we feel confident that this important 24MW project is just the beginning of our journey together."

For further information please visit www.itm-power.com or contact:
ITM Power plc
James Collins, Head of IR
+44 (0)114 263 7646
ir@itm-power.com

Investec Bank plc (Nominated Adviser and Broker)
Jeremy Ellis / Chris Sim / Ben Griffiths
+44 (0)20 7597 5970

Tavistock (Financial PR)
Simon Hudson / Edward Lee / Tim Pearson
+44 (0)20 7920 3150

About ITM Power plc:

ITM Power plc manufactures integrated hydrogen energy solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004. In October 2019, the Company announced the completion of a £58.8 million fundraising, including an investment by Linde of £38 million, together with the formation of a joint venture with Linde to focus on delivering renewable hydrogen to large-scale industrial projects worldwide. In November 2020, ITM Power completed a £172m fundraising, including a £30m investment by Snam, one of the world’s leading energy infrastructure operators. ITM Power signed a forecourt siting agreement with Shell for hydrogen refuelling stations in September 2015 (which was extended in May 2019 to include buses, trucks, trains and ships), and in January 2018 a deal to deploy a 10MW electrolyser at Shell’s Rhineland refinery. ITM Power announced the lease of the world’s largest electrolyser factory in Sheffield with a capacity of 1GW (1,000MW) per annum in July 2019. Customers and partners include Sumitomo, Ørsted, Phillips 66, Siemens Gamesa, National Grid, Cadent, Northern Gas Networks, Gasunie, RWE, Engie, BOC Linde, National Express, Toyota, Honda, Hyundai, Optimal and Anglo American among others.

About Linde

Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet. 

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde’s industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

 

 

Related Links :

http://www.itm-power.com

PR Newswire

JA Solar Recognized as “Overall High Achiever” in PV Module Index Report 2020 Released by RETC

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BEIJING, Jan. 12, 2021 — JA Solar, a manufacturer of high-performance photovoltaic (PV) products, was recognized as an "Overall High Achiever" in the PV Module Index Report 2020 (PVMI) recently released by the Renewable Energy Test Center (RETC) – an authoritative testing agency in the United States – for its modules’ excellent performance in strict testing for quality, reliability and performance. The company is one of the three module manufacturers to win this recognition.

PVMI was first launched by RETC in 2019 in response to market demand. It is the first report in the industry that comprehensively covers the test results on the three aspects of quality, reliability and performance. The report evaluates the modules through tests for damp heat (DH), humidity freeze (HF) and thermal cycle (TC), etc., and through the testing results of module efficiency, light induced degradation (LID) and random sampling, etc. It aims to select the modules with the best performance to provide reference to module manufacturers in product technology innovation, high-quality production, and to downstream manufacturers in module selection.

RETC said in the report that in order to select "the best of the best" among multiple module manufacturers, they scored and ranked the manufacturers based on comprehensive module quality, reliability and performance. "Manufacturers and product lines that achieve high performance according to these three disciplines not only demonstrate a commitment to excellence, but also provide a benchmark – a quantitative measure representing the best that the industry has to offer."

PR Newswire

ReneSola Power Announces Sale of 12.3 MW of Projects in Hungary

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STAMFORD, Conn., Jan. 8, 2021 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment company headquartered in Aarhus, Denmark.

The portfolio comprises 20 solar plants in five locations, including Sárbogárd, Kömlöd, Szajol, Lukacshaza, and Törökszentmiklós, with a combined capacity of 12.3 MW.  These 20 solar projects, which were successfully connected to the grid in 2020, are now in operation and are qualified under the Hungarian 25-year KAT feed-in tariff scheme.

Mr. Josef Kastner, CEO of ReneSola European Region, commented, "Despite ongoing challenging macro conditions, our team continues to execute on our strategy and optimize our solar assets through strategic sales. Obton remains a valuable partner for us, and we are thrilled to once again collaborate on this transaction. We look forward to working with Obton in Hungary and other geographies across Europe in the future."

ReneSola Power CEO Yumin Liu added, "Over the past several years, we have demonstrated our expertise in developing and operating solar projects, closing financing transactions and monetizing projects to generate profits in the downstream segment of the solar industry across Europe.  Hungary remains an important market for solar power in the EU, and this transaction further strengthens ReneSola Power’s market position in the country.  We are proud of our team, and believe we are well-positioned to drive more profitable growth in the quarters ahead."

Mr. Anders Marcus, CEO and Co-founder of the Obton Group, said, "ReneSola Power is a trusted partner of Obton’s, and we are excited to increase our participation in the Hungarian solar market with the support from ReneSola Power. Importantly, we are encouraged that we were able to enter into an agreement despite the challenging circumstances.  We are also proud of our team for being effective, creative and goal-oriented, which we believe are the key competences for success.  We look forward to joining forces with ReneSola Power to pursue other project opportunities in Hungary and any other countries in the future."

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

About OBTON

Obton is an investment and development company that targets land and rooftop owners, developers and financial institutions with the goal of building a broad and risk-diverse portfolio of assets in the field of renewable energy. Our expertise includes development, funding and management of solar PV projects – primarily projects starting from EUR 10m for stable markets in Europe and North America.

Related Links :

http://www.renesolapower.com

PR Newswire

ReneSola Announces $40.0 Million Registered Direct Offering

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STAMFORD, CT, Jan. 8, 2021 — ReneSola Ltd ("ReneSola Power" or the "Company") (NYSE: SOL), a leading fully integrated solar project developer, today announced that it entered into securities purchase agreements with several institutional investors for the purchase and sale of 2.50 million of American Depositary Shares (ADSs), each representing ten (10) ordinary shares, at a purchase price of $16.00 per ADS, in a registered direct offering.  The registered direct offering is expected to close on or about January 11, 2021, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. 

The gross proceeds from the registered direct offering are expected to be $40.0 million before deducting placement agent fees and other offering expenses. The Company intends to use the net proceeds for expanding new solar project pipeline and general working capital need.

The securities described above are being offered pursuant to a "shelf" registration statement (File No. 333-240293) filed with the Securities and Exchange Commission (SEC) on August 3, 2020 and declared effective on August 11, 2020. Such securities may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A prospectus supplement and the accompanying prospectus relating to the offering of the securities will be filed with the SEC. Electronic copies of the prospectus supplement and the accompanying prospectus relating to the offering of the securities may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by e-mail: placements@hcwco.com or by telephone: (646) 975-6996.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor there any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

Forward-Looking Statements

This press release contains statements that 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. Whenever you read a statement that is not simply a statement of historical fact (such as when the Company describes what it "believes," "plans," "expects" or "anticipates" will occur, what "will" or "could" happen, and other similar statements), you must remember that the Company’s expectations may not be correct, even though it believes that they are reasonable. Furthermore, the forward-looking statements are mainly related to our ability to complete the registered direct offering and satisfy the closing conditions related to the offering, the intended use of net proceeds from the registered direct offering, the Company’s continuing operations and you may not be able to compare such information with the Company’s past performance or results. The Company does not guarantee that the forward-looking statements will happen as described or that they will happen at all. Further information regarding risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements is included in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s annual report on Form 20-F. The Company undertakes no obligation, beyond that required by law, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made, even though the Company’s situation may change in the future, except as required by law.

For investor and media inquiries, please contact:

In the United States:

ReneSola Ltd

Mr. Adam Krop

+1 (347) 577-9055 x115

IR.USA@renesolapower.com

 

The Blueshirt Group

Mr. Ralph Fong

+1 (415) 489-2195

ralph@blueshirtgroup.com

 

In China:

ReneSola Ltd

Ms. Ella Li

+86 (21) 6280-8070 x102

ir@renesolapower.com

 

The Blueshirt Group Asia

Mr. Gary Dvorchak, CFA

+86 (138) 1079-1480

gary@blueshirtgroup.com

 

 

Related Links :

http://www.renesolapower.com

PR Newswire

Iridium Edge® Solar Provides Upgraded Capabilities for Satellite IoT Tracking and Asset Management

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MCLEAN, Va., Jan. 5, 2021 — Iridium Communications Inc. (NASDAQ: IRDM) today announced commercial availability of the Iridium Edge Solar – a secure, maintenance-free, solar-powered remote asset tracking and management device. With over-the-air configuration capabilities, the Iridium Edge Solar is ideal for Vessel Monitoring Systems (VMS), fisheries management, tracking of freight shipping containers, Supervisory Control and Data Acquisition (SCADA) applications, monitoring of oil and gas pipelines and heavy equipment telematics data reporting. 

The Iridium Edge Solar beta trials, which are nearing completion, are thoroughly testing its real-time, two-way communication, over-the-air configuration ability, built-in Bluetooth Low Energy (BLE) connectivity and secure, ruggedized packaging. The addition of BLE technology enables development of customized deployable sensor systems that can be positioned on machinery, vehicles, vessels or across worksites. 

"The Iridium Edge Solar is a unique and versatile solar-powered asset tracking device, when compared to alternatives available in the industry," said Bryan Hartin, executive vice president, sales and marketing, Iridium. "No other solar-powered IoT tracking device matches its geographic coverage, capabilities and cost-effectiveness, and we believe the addition of BLE local wireless connectivity adds a new level of customizability for applications requiring multiple and disparate sensor readings."

The history of solar-powered satellite IoT tracking devices has been marred by questionable field lifespan due to failures of charging batteries, solar panels and packaging susceptible to water-intrusion or cracking.  These issues have been exacerbated by the lack of two-way communications with the deployed device, leaving organizations wondering if the equipment suffered a terminal malfunction.  Iridium Edge Solar resolves these issues through complete encapsulation of all vital electronics, military-grade ruggedized packaging and an innovative, intelligent dual-power system, ensuring two-way communications delivery even in low-light conditions. 

When combined with Iridium’s truly global coverage and services like Iridium CloudConnect helping to simplify back-office integration through Amazon Web Services, businesses, governments and NGOs can rapidly scale and deploy this reliable, solar-powered asset-tracking device anywhere on the planet for up to 10 years without maintenance. 

Iridium Edge Solar now joins both the Iridium Edge and Iridium Edge Pro as finished Iridium products, each with specified, yet complementary, use-cases to extend the reach of IoT services beyond cellular coverage. 

As of the third quarter of 2020, Iridium commercial IoT subscribers grew 20% from the year-ago period to 924,000 customers, continuing the company’s growing position as the premier satellite IoT company.

Interested companies can also request a full featured demo kit or more information by visiting www.iridium.com/iridiumedgesolar

About Iridium Communications Inc. 
Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2019, the company completed a generational upgrade of its satellite network and launched its new specialty broadband service, Iridium Certus®. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services and partner solutions, visit www.iridium.com.

Press Contact:
Jordan Hassin
Iridium Communications Inc.
Jordan.Hassin@Iridium.com 
+1 (703) 287-7421
Twitter: @Iridiumcomm

Investor Contact:
Kenneth Levy
Iridium Communications Inc.
Ken.Levy@Iridium.com
+1 (703) 287-7570

Related Links :

http://www.iridium.com

PR Newswire

Hoymiles Launches S-Miles Cloud, New Powerful Real-time Solar Power Station Monitoring Platform on Mobile App and Browser

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HANGZHOU, China, Dec. 31, 2020 — Hoymiles Power Electronics Inc. ("Hoymiles"), a leading microinverter manufacturer, has recently unveiled the all-new S-Miles Cloud Platform for real-time visualized monitoring of solar power generating equipment. Key field equipment can be connected to the S-Miles Cloud Platform. With the IoT-supported data collection devices, the platform can track the output effectiveness of arrays, provide status updates on individual modules, and notify of any malfunctions.

Hoymiles New Solar Power Station Monitoring Platform - S-Miles Cloud
Hoymiles New Solar Power Station Monitoring Platform – S-Miles Cloud

"Our new and improved version of the monitoring platform is in line with Hoymiles’ mission to make electric energy ‘smarter’, improve cloud data processing capabilities and extend the data response time of edge computing gateways. Through providing a broad array of smart monitoring, operations-based, and maintenance functionality, we can provide more value for our customers, and that’s our main focus," said Zhao Yi, Deputy General Manager and R&D Center Director of Hoymiles.

Accessible as a mobile app or via a web browser, the S-Miles Cloud Platform offers a powerful and easy-to-use portal to effectively maintain solar power stations. Through the user-friendly installation process, integrating the Platform into an existing array can be quick and simple. The newly upgraded platform features a clean and simple dashboard interface which was designed with end-users in mind to allow for clearer visual data displays and additional options for in-depth analysis. The upgrade also includes a real-time progress tracking feature for hardware updates, which displays a progress bar and provides detailed explanations of any errors that occur.

Supporting the improved end-user display is an optimized technical structure that collects, analyzes and distributes data. The upgraded S-Miles Cloud Platform now can offer synchronized data analysis, and in being a cloud-based application, data processing is completed through parallel computing architecture which allows for optimal usage of all CPUs within the cluster and supports an open application programming interface for cross-platform communications, data sharing, and remote operation via TCP socket connection. The Platform is also compatible with Hoymiles’ newest and most advanced hardware offerings of the DTU-Pro, DTU-Lite and new Sub-1G version microinverters.

Through the standardization of data across a power station, operators can make more accurate data-driven decisions regarding onsite operations that enable optimized energy output. The new S-Miles Cloud Platform not only provides accurate and timely status reports but also includes new indicators to display self-generated energy inputs and output for the solar station, to more clearly map overall power generation status.

About Hoymiles

Founded in 2012, Hoymiles is one of the leading microinverter manufacturers providing MLPE (Module-Level Power Electronics) solutions for solar investors and end-users. Hoymiles’ microinverters (4 in 1 unit & 2 in 1 unit) are recognized for their technology, ranking as the top microinverter globally through CEC weighted efficiency test by CSA Group for three consecutive years.  Currently, Hoymiles’ microinverters are used in generous commercial and domestic rooftop installations in various countries and regions including America, Europe and Asia.

PR Newswire

JA Solar Supplied 88MW Modules for Indian Solar Plant Developed by Juniper

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BEIJING, Dec. 31, 2020 — JA Solar recently announced its supply of 88MW modules to Gujarat Urja Vikas Nigam Limited (GUVNL) project developed by Juniper, one of the largest PV project developers in the local market, which opens a new chapter for the two companies on cooperation.

Led by a team with significant experience in conceptualizing, building and developing renewable energy assets, Juniper is a renewable energy power producer and operator for solar projects. Based on the cooperation, the two sides intend to strengthen cooperation in the future to promote the development of PV industry in the Indian market.

Since its official entry into the Indian market in 2015, JA Solar has won high recognition in the local market and favored by many local PV project developers with its reliable product quality, stable financial advantages and solid industry reputation. Through close cooperation with local developers, JA Solar will further deepen localized operation and provide quality products and services to Indian customers.

Related Links :

https://www.jasolar.com/