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PR Newswire

ReneSola Power Announces Closing of Sale of 4.3 MW Solar Projects in the UK

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STAMFORD, CT, Nov. 24, 2020 — ReneSola Ltd (NYSE: SOL) ("ReneSola Power" or the "Company"), a leading fully-integrated solar project developer, today announced the closing of the sale of a portfolio of operating projects located in the United Kingdom to Atmosclear Investments Ltd, an European renewable energy and cleantech private equity group. 

The portfolio comprises 1,509 residential rooftop projects located in Scotland, with a combined capacity of 4.3 MW.  These projects are qualified under the feed-in tariff scheme and have been operating since 2015.

Mr. Yumin Liu, ReneSola Power Chief Executive Officer, commented, "We are excited to partner with Atmosclear Investments, and we look forward to building on this transaction and expanding our partnership with future opportunities.  Importantly, we continue to execute on our strategy and optimize our solar assets through strategic sales, which enables us to generate cash flow, realize profits and further strengthen our balance sheet. We are proud of our execution, and remain optimistic about our opportunities across different geographies in the quarters ahead."

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 Atmosclear Investments

AtmosClear Investments is a renewable energy and clean-tech private equity group with offices in the United Kingdom and Switzerland.  Atmosclear began building residential solar rooftops in 2011. Since then, the firm has acquired, operated, and maintained solar rooftop assets throughout the country.  In 2018, Atmosclear Investments also acquired 9 solar farms in the South West of England for approximately £22.5 million, and

Related Links :

http://www.renesolapower.com

PR Newswire

Successful Day 1 of COMEUP 2020, with more than 50,000 accumulative online views, 7,500 pre-registrations, and 400,000 accumulative visits to the homepage

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  • COMEUP 2020: Day 1 (19 November)
  • Successful Day 1, with academic conferences in ‘Digital healthcare’ to ‘Environment‘
  • Day 1 afternoon sessions featured lectures and passionate discussions in 2 areas, ‘Digital healthcare‘ and ‘Environment‘
  • World-famous experts in healthcare and cleantech participated to discuss changes, forecasts & responses to the post-COVID-19 era

SEOUL, South Korea, Nov. 20, 2020 — Festivities of Day 1 of global startup festival, COMEUP 2020 is now in the books. COMEUP 2020 organizing committee (chairwoman Sophie Kim, CEO of Kurly) and Korea Institute of Startup & Entrepreneurship Development (President Kim Kwanghyon) said the number of accumulative views for the academic conference broadcasts on Day 1 has surpassed 50,000 as of 18:00.

Successful Day 1 of COMEUP 2020
Successful Day 1 of COMEUP 2020

There was a lot of interest and expectations to the festival, with more than 7,500 pre-registrations, and 400,000 accumulative visits to the homepage recorded prior to the opening ceremony. COMEUP managed to attract more than 40,000 views of the broadcast, with approximately double the number of pre-registered participants, despite the majority of events nowadays being held online and suffering from frequent no-shows from participants.

Suh Beomsuk, CEO of ‘Lunit’, a Korean medical AI startup, Emmanuel Lagarrigue, CIO of ‘Schneider Electric’, a global energy management company and others participated as speakers and discussion panels, with the discussions focused on ‘Digital healthcare‘ and ‘Environment‘.

Special discussion (break time): Miika Huttunen, CEO of Slush

Prior to the afternoon session, a well-known global speaker representing startup ecosystems is invited for a special 1-hour discussion during break time.

Miika Huttunen, CEO of ‘Slush‘ global startup conference, was invited for the special discussion on Day 1. COMEUP secretary general Jung Hyunwook hosted the discussion with Mr. Huttunen, and COMEUP participants were able to watch it live online.

Mr. Huttunen explained the strategy behind Slush’s growth, and its philosophy and mission. ‘Slush’ believes that an entrepreneurial spirit is the most effective way to change the world, and seeks to create and assist more entrepreneurs.

Startup academic conferences, Day 1 (19 November), afternoon sessions Digital healthcare & environment

Suh Beomsuk, CEO of ‘Lunit’, a Korean medical AI startup, Emmanuel Lagarrigue, CIO of ‘Schneider Electric’, a global energy management company and others participated as speakers and discussion panels during the afternoon session, with the discussions focused on ‘Digital healthcare’ and ‘Environment’.

1. Digital healthcare

Category

Keynote address

(14:00~14:40)

Discussion 1

(14:40~15:20)

Discussion 2

(15:20~16:00)

Agenda

Revolution in behavioral changes

The business model of digital
healthcare

The present and future of non-
contact healthcare industry

Participants

Jeong Saeju (Noom)

(Host) Kim Chiwon (Seoulwise Convalescent Hospital)

(Panel) Suh Beomsuk (Lunit)

(Panel) Oh Jungtaek (E2E Health)

(Panel) Lee Byungwhan (Sky Labs)

(Panel) Alex Waldron (Pear Therapeutics)

(Host) Choi Yunsub (DHP)

(Panel) Kim Gihwan (Medihere)

(Panel) Ban Hoyoung (Neofect)

(Panel) Choi Dooah (Huraypositive)

(Panel) Robbie Cape (98point6)

The keynote address delivered by Jeong Saeju, CEO of Noom, healthcare startup based on behavioral science, was followed by discussions on ‘The business model of digital healthcare‘ and ‘The present and future of non-contact healthcare industry‘.

2. Environment

Category

Keynote address

(14:00~14:40)

Discussion 1

(14:40~15:20)

Discussion 2

(15:20~16:00)

Agenda

Climate change, the
biggest threat to
humanity

The triad of startups, VC, and
large corporations: Cleantech 2.0

Forward-looking reconstruction
in the post-pandemic era:
city-energy-tech nexus

Participants

Emmanuel Lagarrigue

(Schneider Electric)

(Host) Kwak Wonchul (GS)

(Panel) Oh Seil (Innerbottle)

(Panel) Yoon Taehwan (Root Energy)

(Panel) Je Hyunju (Yellowdog)

(Host) Mushtaq Ahmed Memon (United Nations Environment Programme)

(Panel) Alexander Rozenfeld (Climate Impact Capital)

(Panel) Craig Lawrence (Energy Transition Ventures)

(Panel) Eli A. Goldstein (SkyCool Systems)

The keynote address delivered by Emmanuel Lagarrigue, CIO of Schneider Electric on ‘Climate change, the biggest threat to humanity’ was followed by discussions on ‘The triad of startups, VC, and large corporations: Cleantech 2.0’ and ‘Forward-looking reconstruction in the post-pandemic era : city-energy-tech nexus’.

Startup academic conferences, Day 2 (20 November)

  • Agenda : Working environment (Open Innovation, AI & Robotics, Telecommuting, Manufacturing)

The agenda for Day 2 (20 November) is ‘Working environment’, with academic conferences focused on ‘Open Innovation’ and ‘AI & Robotics’ in the morning sessions, and ‘Telecommuting’ and ‘Manufacturing’ in the afternoon sessions.

Professor Kim Jungsang of Duke University, co-founder and CTO of IonQ, and Professor Henry Chesbrough, the world’s foremost expert in the field of Open Innovation will participate in the in-depth discussions.

COMEUP 2020 Day 2 keynote speakers

Opening keynote

Professor: Kim Jungsang

Open Innovation keynote

Professor: Henry Chesbrough

Telecommuting keynote,
professor: Gary A. Bolles

AI & Robotics keynote:
CEO Ha Jungwoo

Manufacturing keynote:
CEO Yoon Byungdong

Special events

Events such as AI Championship and K-Startup Grand Challenge, and ‘ChungChungCon’, where youngsters lead youngsters, are also being conducted simultaneously starting on the 19th.

All special events are also broadcast live online through YouTube, etc., and you can watch the videos anytime on YouTube after the live event is over.

Events such as AI Championship, ‘Changgoo’ Program Demo Day, the first ever collaboration between the Korean government and Google, and ‘The Day of Do Over’, a festival for entrepreneurs that have overcome their failures and attempting to try again, will also be held on the 20th.

How to participate

You can participate in the academic conferences for startups, hosted between the 19th to the 21st(Saturday) through the ‘Official COMEUP 2020 Nurijip (homepage)’ (www.kcomeup.com) and COMEUP YouTube channel (www.youtube.com/c/KStartupWeekComeUp) online anywhere in the world. You can also check for the 7 special events that are being conducted simultaneously with COMEUP through the official COMEUP homepage.

PR Newswire

Trina Solar and Tongwei Group Complete Joint Venture to Upgrade 210 Integrated Industrial Chain

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CHANGZHOU, China, Nov. 19, 2020 — On November 17, 2020, Trina Solar, a leading global PV and smart energy solution provider, announced a joint venture agreement with global photovoltaic giant Tongwei.

The latest agreement will see Trina Solar collaborate with Tongwei subsidiary Sichuan Yongxiang Co., Ltd, to upgrade their 210 industrial series modules that will help secure a stronger supply chain ecosystem going forward.

Gao Jifan, Chairman of Trina Solar, said: "Joint ventures and cooperation among strong players, who complement each other as well as Trina Solar and Tongwei Group do, will always create great advantages."

The partnership will see the two enterprises work together on four key project areas. The first includes a high-purity crystalline silicon project with an annual output of 40,000 tons, as well as an ingot project expected to produce an annual output of 15GW. There will be a wafer-cutting project with an annual output of 15GW, and a high-efficiency crystalline silicon cell project, also with an annual output of 15GW.

Total investment in the venture is estimated to be worth US$ 2.3 billion, with Trina Solar gaining a shareholding ratio of 35%, and the total registered capital contribution has been set at US$ 32 million.

Wu Qun, secretary of the board of directors of Trina Solar, said these major project investments are a key part of Trina Solar’s strategic development plan going forward.

"Trina Solar and Tongwei both have outstanding advantages in their roles for the industrial chain. They have reached a consensus on 210 series modules, and this cooperation will further strengthen our strategic partnership. Through the joint efforts of all industry partners, the 210-product industry chain has matured, and is now more conducive for deeper integration."

By the end of 2021, Trina Solar plans to have a photovoltaic module production capacity of no less than 50GW, most of which will be at 210 module production capacities. In the future, the company will continue to strengthen its scale advantages of advanced module production capacity based on large-size cells.

As part of the agreement, Trina Solar will purchase approx. 72,000 tons of polysilicon products between January 2021 and December 2023 from a number of Tongwei Group subsidiaries including Sichuan Yongxiang Polysilicon Co., Ltd., Sichuan Yongxiang New Energy Co., Ltd., Inner Mongolia Tongwei High Purity Crystal Silicon Co., Ltd., and Yunnan Tongwei High Purity Crystal Silicon Co.

Ms. Chen Ye, Assistant Vice President of Procurement Supply Chain Management of Trina Solar, said: "Trina Solar and Tongwei have an excellent relationship and we are very pleased to deepen this cooperation further."

"This long-term procurement will facilitate timely and effective responses to changes in the market, ensuring the long-term stability of Trina Solar’s supply chain, and will provide strong support for the production capacity of Vertex Series 210 ultra-high-power modules."

Trina Solar’s collaboration with Tongwei Group follows the signing of further procurement deals by the company in recent weeks.

On November 2, Trina Solar signed a 20GW silicon wafer procurement contract with Wuxi Shangji Automation Co., Ltd., and on November 15 signed an 85 million square meter photovoltaic glass procurement contract with Changzhou Almaden Co., Ltd.

About Trina Solar 

Founded in 1997, Trina Solar is the world leading PV and smart energy total solution provider. The company engages in PV products R&D, manufacture and sales; PV projects development, EPC, O&M; smart micro-grid and multi-energy complementary systems development and sales, as well as energy cloud-platform operation. In 2018, Trina Solar launched Energy IoT brand, established the Trina Energy IoT Industrial Development Alliance together with leading enterprises and research institutes in China and around the world, and founded the New Energy IoT Industrial Innovation Center. With these actions, Trina Solar is committed to working with its partners to build the energy IoT ecosystem and develop an innovation platform to explore New Energy IoT, as it strives to be a leader in global intelligent energy. For more information, please visit www.trinasolar.com. 

Related Links :

http://www.trinasolar.com

PR Newswire

Delta Recognized as a Best Taiwan Global Brand for the 10th Consecutive Year with an 11% Increase in Brand Value

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TAIPEI, Nov. 17, 2020 — Delta, a global leader in power and thermal management solutions, today announced it has been honored as one of Taiwan’s top 25 global brands in the prominent Best Taiwan Global Brands survey for the tenth consecutive year. The 2020 survey, organized by the Industrial Development Bureau and executed by Interbrand, the world-class branding value assessment organization, determined that Delta’s brand value reached USD 331 million in 2019, a surge of 11% year-on-year. Delta’s brand value has increased for 8 consecutive years.

Ms. Shan Shan Guo, Delta’s chief brand officer, said, "2020 is the tenth anniversary of Delta’s brand inauguration. Over that period of time, our endeavors have focused on realizing Delta’s brand promise of ‘Smarter. Greener. Together.’ and on fostering corporate social responsibility. We are truly honored to have received this prestigious external recognition over these ten years in which our brand has grown steadily while Delta has evolved from a components manufacturer into a provider of IoT-based smart energy-saving solutions. This year has been enormously challenging, especially due to COVID-19. But Delta quickly mobilized various online communication channels, such as digital marketing and social media, to offset the impact of restricted physical activities. During the pandemic, a new lifestyle boosts our demand for digital services and online communication that requires extra ICT infrastructure and datacenters. Healthy living and working spaces are also paramount. Delta will endeavor to continue providing state-of-the-art solutions for eco-friendly data centers, 5G communications, smart and healthy buildings and clean energy, to fulfill society’s needs in the pandemic and post-pandemic era."

The uniqueness of Delta’s brand derives from its commitment to innovation and energy conservation as well as its seamless integration of corporate social responsibility. The Company is the first corporation in Taiwan to pass the SBTi (Science Based Targets initiative) evaluation for its carbon reduction targets and has achieved respective milestones for the past two years. In 2019, Delta also increased the use of renewable energy of its main operation sites to 44.1%.  Since 2006, Delta has created 27 green buildings around the globe, some of them donated to academic institutions. It is currently constructing new operation sites in Taipei, Taoyuan, Taichung and Tainan, all of which will also adopt the green building concept. Moreover, its new site in Taipei will also incorporate the concepts of the WELL Building Standard in its design. Delta has also established two LEED V4 ID+C certified data centers, including the world’s first LEED Platinum green data center at its global HQs in Taipei. The aforementioned CSR endeavors have been recognized by the Dow Jones Sustainability Indices (DJSI), which days ago selected Delta for its DJSI World Index for the 10th consecutive year while recognizing it as the industry leader of the "Electronic Equipment, Instruments & Components industry" for the 3rd consecutive year.

About Delta

Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," Delta leverages its core competence in high-efficiency power electronics and its CSR-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to CSR. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 10 consecutive years. In 2017, Delta was selected by CDP (formerly the Carbon Disclosure Project) for its Climate Change Leadership Level for the 2nd consecutive year.

For detailed information about Delta, please visit: www.deltaww.com

PR Newswire

Nippon Shokubai Teams with LiveDo and Total Care System to Spread Used Disposable Diaper-recycling Systems

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OSAKA and FUKUOKA, Japan, Nov. 17, 2020 — 

 – New Recycling Technology Developed for Superabsorbent Polymers –

Nippon Shokubai Co., Ltd. (hereinafter "Nippon Shokubai"), LiveDo Corporation (hereinafter "LiveDo"), both headquartered in Osaka, Japan, and Total Care System Co., Ltd. (hereinafter "Total Care System") headquartered in Fukuoka, Japan, are jointly developing a variety of technologies to promote the spread of systems that recycle disposable diapers, the use of which continues to increase. The three companies have recently developed a new technology for recycling superabsorbent polymers (SAPs) in used diapers. The technology can be applied to a wide variety of SAPs distributed worldwide.

(Logo1:
https://kyodonewsprwire.jp/prwfile/release/M104641/202011116944/_prw_PI1fl_Q2ok72W0.jpg)

(Logo2:
https://kyodonewsprwire.jp/prwfile/release/M104641/202011116944/_prw_PI2fl_VCLHmJe9.jpg)

(Logo3:
https://kyodonewsprwire.jp/prwfile/release/M104641/202011116944/_prw_PI3fl_rjpku8Ze.jpg)

On March 31, 2020, the Ministry of the Environment released the Guidelines for Recycling Used Disposable Diapers. The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) is also aiming to establish a guideline for the acceptance of used disposable diapers into the sewage system based on the New Sewerage Vision Acceleration Strategy. Recycling of used disposable diapers, the amount of which continues to increase, is thus expected to be promoted.

Total Care System was the first in Japan to build a recycling system for used disposable diapers, one of the few in the world, and it has been in the business for 15 years. Disposable diapers are mainly composed of pulp, plastic, and SAPs. Recycled pulp has been effectively used as a raw material for building materials (e.g., exterior and interior wall materials), and plastic has been thermally recovered as solid fuel. Currently, research and development of material recycling are underway.

Nippon Shokubai, which has the world’s largest SAP market share (based on production volume*), joined the initiative in November 2018 to explore recycling technologies for SAPs, which had remained a challenge, and succeeded in developing new recycling technologies through joint research with the two partners: major disposable diaper manufacturer LiveDo and Total Care System.

*Based on research by Nippon Shokubai in 2019

– Recycling of used disposable diapers

(Image:
https://kyodonewsprwire.jp/prwfile/release/M104641/202011116944/_prw_PI4fl_L86P245L.jpg)

The recycling process for used disposable diapers used to face the challenge that SAPs, which would swell from absorbing urine, reduced the recovery rate of paper pulp, or even if SAPs were recovered, they were difficult to reuse because of the significant decrease in performance.

The three companies jointly developed the following technologies to overcome this challenge.

– Technology to increase the recovery rate of paper pulp by processing SAPs, which swell from absorbing urine, and to improve the separation from paper pulp

– Recovery technology that minimizes SAP performance degradation
These technologies are designed to reduce energy consumption during recycling and to protect the water quality of rivers and other bodies of water. They can also be applied to all SAPs produced by Nippon Shokubai, as well as to various SAPs around the world.

In addition to raising these technologies to a practical level, the three companies, which are a raw material manufacturer, a disposable diaper manufacturer, and a recycling business, plan to work together to develop and commercialize materials and products that are easy to recycle and new recycling technology for used disposable diapers.

– Roles of the three companies:
https://kyodonewsprwire.jp/prwfile/release/M104641/202011116944/_prw_PA2fl_YnItx20j.pdf

– For more information, please visit:
https://kyodonewsprwire.jp/prwfile/release/M104641/202011116944/_prw_PA1fl_F3nGOzD0.pdf

*All product and service names mentioned in this news release are trademarks or registered trademarks of their respective companies.

*The information in this news release is current as of the date of the announcement. The information is subject to change without prior notice.

PR Newswire

ReneSola Power to Release Third Quarter 2020 Financial Results on December 1, 2020

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STAMFORD, Conn., Nov. 13, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, announced today that it will report its unaudited financial results for the third quarter ended September 30, 2020 after the U.S. stock market close on Tuesday, December 1, 2020. The Company will hold a conference call to discuss the financial results at 4:30 p.m. U.S. Eastern Time on Tuesday, December 1, 2020 (5:30 a.m. China Standard Time on Wednesday, December 2, 2020).

What:              ReneSola Ltd Third Quarter (ended September 30, 2020) Earnings Call
When:             4:30 p.m. U.S. Eastern Time on Tuesday, December 1, 2020 (5:30 a.m. China Standard Time on Wednesday, December 2, 2020)
Webcast:        http://ir.renesolapower.com/webcasts-presentations

Please register in advance to join the conference call using the link provided below and dial in 10 minutes before the call is scheduled to begin. Conference call access information will be provided upon registration.

Participant Online Registration: http://apac.directeventreg.com/registration/event/7488976

A replay of the conference call may be accessed by phone at the following numbers until December 9, 2020. To access the replay, please reference the conference ID 7488976.

Phone Number

Toll-Free Number

United States

+1 (646) 254-3697

+1 (855) 452-5696

Hong Kong

+852 3051-2780

+852 8009-63117

Mainland China

+86 (800) 870-0206

+86 (400) 602-2065

Other International

+61 (2) 8199-0299

A webcast of the conference call will be available on the ReneSola Power website at http://ir.renesolapower.com.

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.

Related Links :

http://www.renesolapower.com

PR Newswire

LONGi joined EV100 and EP100 Initiative to continue to Inject “Green Power” into Climate Action!

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Abstract: LONGi became the first Chinese company to join the RE100&EV00&EP100 initiatives, becoming the flagship of China’s climate action

SHANGHAI, Nov. 9, 2020 — On November 7, the grand occasion of the 3rd China International Import Expo (hereinafter referred to as "CIIE") was still in full swing. At the UK Pavilion, LONGi’s founder and president Li Zhenguo announced "Net Zero carbon Photovoltaic, created by LONGi" keynote speech, and announced that LONGi officially joined the "EV100" and "EP100" initiatives by the Climate Group. This is another feat in continuing to promote climate action after LONGi joined the RE100 initiative.

"We joined EV100 and are committed to laying appropriate chargers in all of our premises over the next decade to guide more than 50,000 employees around the world in converting their cars to EVs." Mr.Li Zhenguo said, "At the same time, we are anchoring the EP100’s development goals and are committed to installing Energy Management Systems in all of LONGi’s production and operation sites, the goal is to commit to a ten-year effort to achieve a 35% increase in energy productivity by 2025." Li Zhenguo also said "LONGi will continue to focus on global climate change and energy transformation, continuously reduce corporate greenhouse gas emissions, and achieve economic benefits and environmental protection goals."

Helen Clarkson, CEO of the Climate Group, expressed her congratulations to LONGi via video: "We are delighted to see LONGi become the first Chinese business to join all three of our business campaigns – on clean energy, clean transport and energy efficiency. They are showcasing the next steps for ambitious businesses in China."

Reducing emissions over the next decades will be crucial to achieving not just their own Nationally Determined Contributions (NDCs) but also the global target of 2C set under the Paris Agreement of 2015.

LONGi will uphold the vision of "Utilizing solar energy, Building a green world", by setting strategic goals, paying close attention to carbon emissions in the production and operation process, while sharing energy-saving, carbon emission reduction and new energy technology development experience to create a better living environment for mankind and inject "green power" into the sustainable development of the world.

Background:

EV100 is a global initiative led by international non-profit the Climate Group, which brings together companies committed to making electric transport the new normal by 2030. Over half of all new vehicles on the road go into company fleets, so it’s crucial that businesses lead the shift to electric vehicles (EVs) through their investment decisions and influence on millions of staff and customers worldwide.

EP100 is a global initiative by international non-profit the Climate Group, bringing together a growing group of energy-smart companies committed to doing more with less to improve their energy productivity. Members are driving tech innovation and reducing emissions while making substantial cost savings and improving competitiveness – inspiring others to follow their lead.

For more information, visit https://en.longigroup.com/

Related Links :

http://www.longi-silicon.com

PR Newswire

Sungrow Announces Roadshow Debuting the Latest 1500V Outdoor Central Inverter Solutions in the United States

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SAN FRANCISCO, Nov. 6, 2020 — Sungrow, the global leading inverter solution for renewables, is launching roadshows spanning the United States, debuting the latest 1500V central and string inverter solutions tailored to North America. With products on display in a semi-truck, the 17-stop tour started from Denver on November 2 will last until the end of December.

Sungrow Roadshow 2020
Sungrow Roadshow 2020

The outdoor central inverter solution SG3600UD-MV for 1500V system is optimized for utility-scale installations, featuring a high DC/AC ratio up to 2.0 and being compatible with bifacial modules and tracking systems, enabling high yields. The inverter is prefabricated with inputs for DC-coupled storage solutions which could be added at a later stage. In addition, it supports PCS mode so that the battery can be charged by grid and regulation will be more flexible. Furthermore, equipped with the self-constructed function, the inverter solution can construct AC power by controlling the inverter to work in voltage frequency mode, thereby supplying AC power for debugging of the equipment in advance, ensuring a shorter commissioning duration.

Also on display is the 1500V string inverter SG250HX, one of the best-selling PV inverter solutions for utility-scale applications with over 5 GW deployed till now.

"Sungrow is excited to debut the latest product portfolio in the creative and immersive roadshow amid pandemic. Keeping social distancing is our priority to maintain the health and safety of attendees on-site," said Hank Wang, General Manager of Sungrow Americas.

With a comprehensive local team offering professional full-service, Sungrow has extended partnership with a magnitude of EPCs, distributors and integrators. The celebrated projects across the regions include Techren 2, a 250 MWp project located in Nevada, largest solar projects under construction in Wyoming and Washington State and the biggest plant online in Rhode Island.

The Company continues an upward growth trajectory with an expected inverter shipment of nearly 5 GW in the United States this year, leading the market share locally.

About Sungrow

Sungrow Power Supply Co., Ltd ("Sungrow") is the world’s most bankable inverter brand with over 120 GW installed worldwide as of June 2020. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 23-year track record in the PV space, Sungrow products power installations in over 120 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

 

Related Links :

http://www.sungrowpower.com

PR Newswire

ReneSola Announces Notice of Annual General Meeting

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STAMFORD, Conn., Nov. 6, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that its annual general meeting (the "AGM") will be held at the office of Kirkland & Ellis International LLP at 11th Floor, HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong New District, Shanghai, China at 2:00 p.m. (Beijing time) on Monday, December 21, 2020.

Copies of the notice of the AGM, proxy form, poll card and annual report are available on ReneSola Power’s investor relations website at http://ir.renesolapower.com.

AGM Resolutions

The following resolutions to be proposed at the AGM will require a simple majority of the votes cast by the shareholders present in person or by proxy:

  1. As a resolution of shareholders, to receive, consider and approve the consolidated financial statements of the Company for the year ended December 31, 2019, together with the reports of the auditors thereon.
  2. As a resolution of shareholders, to re-elect Mr. Wee Seng Tan and Mr. Martin Bloom as directors of the Company, who are retiring by rotation and offering themselves for re-election in accordance with the Company’s articles of association.
  3. As a resolution of shareholders, to further amend 2007 Share Incentive Plan (as amended and restated as of January 21, 2009, August 20, 2010 and August 29, 2016) to increase the maximum aggregate number of shares which may be issued under the 2007 Share Incentive Plan from 12, 500,000 shares to 22,500,000 shares.

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.

For investor and media inquiries, please contact:

In the United States:

ReneSola Power
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 Power
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

JinkoSolar Signs Long-term Purchase Agreement with Tongwei for nearly 100,000 Metric Tons of Polycrystalline Silicon

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SHANGRAO, China, Nov. 6, 2020 — JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that the Company and its subsidiary Sichuan Jinko have signed a long-term purchase agreement with second tier subsidiaries of Tongwei Co., Ltd. ("Tongwei"), namely Sichuan Yongxiang Polysilicon Co., Ltd., Sichuan Yongxiang New Energy Co., Ltd., Inner Mongolia Tongwei High-purity Crystalline Silicon Company, and Yunnan Tongwei High-purity Crystalline Silicon Company. The raw materials procurement will ensure a stable supply of polycrystalline silicon ("Poly-Si") in line with JinkoSolar’s strategic and operational plans.

Under the agreement, JinkoSolar has locked in nearly 100,000 metric tons of polycrystalline silicon and both parties can negotiate additional purchases. The price for any additional order will be negotiated and determined based on market conditions at that time.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, "Building strategic partnerships with suppliers of key raw materials is essential for our business and to raise our competitive edge in the solar industry. We are very pleased to begin this partnership with an industrial leader like Tongwei, a strategic cooperation that will contribute to the stability of JinkoSolar’s long-term business. This is the first long-term contract with Tongwei for the steady supply of poly-Si, a win-win scenario that will no doubt bring on other advantages for both parties and further promote the development of renewable energy. We look forward to more opportunities with Tongwei, and to explore other ways we can work together to create value for the global PV industry."

Mr. Duan Yong, Director of Tongwei Co., Ltd., Chairman and General Manager of Yongxiang Co., Ltd., commented, "JinkoSolar is one of Tongwei’s most trusted customers and we are very pleased to reach a strategic cooperation with a leading PV module manufacturer like JinkoSolar. The signing of this contract is conducive to the stable sales of Tongwei’s high-purity polysilicon products and is in line with our future business strategy. It is also conducive to bringing into play the leading advantages of two major industry players in the PV industry, and to jointly promote the development of the global PV market."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes it 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 20 GW for silicon wafers, 11 GW for solar cells, and 25 GW for solar modules, as of June 30, 2020.

JinkoSolar has 7 production facilities globally, and 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, and Australia, and global sales teams in China, United  Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland, 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:

Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com

Related Links :

http://www.jinkosolar.com