Power & Energy Solutions

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SIX Exchange Regulation published a press release today, announcing that it has filed a petition with the sanction commission against Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) regarding the application and interpretation of Swiss GAAP FER accounting rules in conjunction with the discontinuation of activities at DMT (Diamond Materials Tech, Inc.) and the treatment of purchases in its own 5% Meyer Burger straight bond. Meyer Burger rejects the reproach by SIX Exchange Regulation in its entirety. The Company prepared the financial statements for fiscal year 2016 as well as for the first half-year 2017 in accordance with the accounting standards of Swiss GAAP FER. Swiss GAAP FER is a standard based on principles that requests case-related interpretations, accounting and disclosures in accordance with the Swiss GAAP FER framework, if Swiss GAAP FER does not explicitly and ultimately govern a particular question. The procedure and discretionary decisions that Meyer Burger applied in its fiscal year 2016 and half-year 2017 financial statements concerning the recognition and presentation of the events mentioned below were all applied according to the framework concept of Swiss GAAP FER and closely monitored and audited by the company’s auditors PricewaterhouseCoopers Ltd. An additional internationally recognized audit firm confirmed the approach

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Modernization initiative to benefit more than seven million people living in Delhi GE’s Advanced Distribution Management Solution (ADMS) will help in further improving the quality of power and ensure faster restoration during outages Innovative program fuels grid interoperability, enhances reliability and resiliency New Delhi, India; June 12, 2018: GE Power’s Grid Solutions business (NYSE: GE) has launched in India a first-of-its-kind Advanced Distribution Management Solution (ADMS) in collaboration with Tata Power Delhi Distribution (Tata Power - DDL), a pioneer in India’s power distribution landscape. The project has been executed by GE T&D India Limited – the listed entity of GE Power Grid Solutions in India. The newly launched ADMS will facilitate advanced monitoring, analysis and improve control and planning operations, enabling Tata Power-DDL to enhance the reliability, safety, and efficiency of Delhi’s distribution network. The system is set to benefit more than seven million people living in the north and west part of the Indian capital, an area that experiences a peak load of more than 1,850 MW. Tata Power-DDL had multiple independent and inter connected systems that required complex data management. This layer of complexity impacts the operator’s effectiveness to execute network upgrades and speedier restoration of network outages. Tata Power-DDL

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Within the multi-part „Energy-self-sufficient-study – Integrated Energy as a solution“ by EuPD Research, on behalf of storage developer and producer E3/DC, households in Germany are surveyed on the topics of renewable energy, electric mobility and heat. The most recent results of the study show that energy self-sufficiency is a very important topic in Germany. Over 50% of households surveyed (panel) and even over 70% of E3/DC customers rate the importance of energy independence very high (Fig. 1+2). Osnabrueck, 12 June 2018. In times of uncertain oil prices, disputes over diesel cars and sinking prices for energy storage and solar systems, the interest in independent energy supply is increasing. Panel respondents consider the independence from energy suppliers to be very important to important (51%), while E3/DC customers consider the independence from fossil fuels to be very important to important (77%). The motives are different, the result remains the same: energy self-sufficiency is the focus of the Germans. Dependence of Germany on oil, gas and coal imports The respondents see not only themselves in a dependency, but the whole country. Germany's dependence on energy imports, in particular, is critically assessed by both panel respondents and E3/DC customers. The panel respondents are concerned that the more expensive,

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Recently in Shanghai, Huawei and Grupotec jointly announced they will partner together for a 168MW in Spain. This project combines a series of solar projects that contain both government-awarded and private PPA projects. Grupotec is one of biggest and most influential EPC companies in Spain. They’ve invested in and successfully developed solar projects throughout Europe, America, Asia and Africa. For this 168MW project, Grupotec is the project developer and EPC, while Huawei will provide its new 1500V, SUN2000-100KTL string inverters. Huawei’s latest, fully-digitalised, uniquely patentedSUN2000-100KTL inverters are capable of delivering 2% higher yields, smarter O&M which in turn reduces the LCOE, and they are reassuringly safety and reliability . Together Grupotec and Huawei are modernizing the Spainish solar industry putting it in on the map once again and building the roads to a Digital PV World Mr. Olallo Villoldo Bellón, Chairman of Board, Grupotec said, “Huawei will be the exclusive string inverter provider for this project. Huawei Smart PV Solution has proved its values in our previous projects in terms of outstanding PR, incredible reliability, and extremely easy O&M. Meanwhile, Huawei’s vision towards the digitalization and smartness trend of solar industry matches our strategy. This makes no doubt that Huawei is the

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12 June 2018– Huawei today announces the launch of the Huawei Smart PV Safety Box for the European and Australian market, the latest addition to its FusionHome Smart Energy Solution. This innovation sees Huawei Smart PV Safety Box provide unique support for both partial and full optimizer PV systems. Huawei Smart PV Safety Box seamlessly integrates into Huawei’s existing residential PV solution, delivering new technological capabilities while also enhancing safety. Mr. Steven Zhou, General Manager of Huawei Smart PV Business Residential Solution, commented: “Huawei Smart PV Safety Box is a perfect example of how Huawei FusionHome delivers smarter energy for a better life. In addition to offering enhanced protection for our customers and their assets, it enables greater monitoring of both full and partial optimizer solutions, providing customers with more control over their smart home energy system.” Huawei Smart PV Safety Box is fully compatible with Huawei FusionHome’s flexible system design which accommodates the use of PV optimizers on selected modules that may have shading or a different rooftop orientation. Huawei FusionHome enables customers to only add optimizers where needed, helping to keep costs down compared to full optimizer systems, while delivering high energy yields.

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ABB Ability™ microgrid will enable the ESCRI project in South Australia to strengthen the power grid and improve power reliability ABB will supply a microgrid solution to the Energy Storage for Commercial Renewable Integration (ESCRI) project, which will provide a more secure power supply in an area that has high renewable penetration into the grid. The solution will connect an ABB Ability PowerStore™ 30 megawatt (MW) battery energy storage solution to the Electranet transmission system enabling the value stacking of storage in regulated energy market. In Australia, the increase of intermittent renewables within the power grid is adding complexity for grid operators. In South Australia wind farms generate the bulk of electricity consumption for the state. There is also an increasing deployment of solar, both large scale and roof top panels installed in the state and across the country. The ABB Ability PowerStore will be installed at the Dalrymple substation on the Yorke Peninsula in South Australia. Not only will the solution improve the overall reliability of power supplies, but it will also make it possible to provide additional market services and fast-acting power response that helps to balance the network on a daily basis and also support the increased power transfer with

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The project is located in Nuevo Leon Works are schedule to be commited within six months 11 june 2018. GES has started the construction of the PV plant Kambul, located in the Yucatan Peninsula. The plant will have a total installed capacity of 38MWp. The team at site has started civil works for the access of the plant, the site compound, storage, roads and ditches, as well as some of the mechanical works (drilling piles and metallic structure assembly for the panels). GES is in charge of the complete EPC of the plant, including electrical infrastructures evacuation. This infrastructures include the setup substation 34 kV/115 kV overhead transmission line of 1.37 km length, and a new bay to be erected at the Kambul CFE substation. The construction of the plant should end in December this year, as the project is schedule to be executed in eight months. Kambul will be the first PV plant GES constructs in Mexico, after more than a decade in the country, where the Spanish multinational is a benchmark for the wind industry, thanks to the 1,1GW already construct

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06.06.2018 11:29:00 CEST, Reutlingen The fully redesigned automation solution was specially developed for handling crystalline silicon wafers in the manufacturing of solar cells. As a high-tech equipment manufacturer, Manz AG realizes new product characteristics with its technological expertise and rapid implementation of innovations and contributes in significant ways to increasing the productivity of its customers. Today in focus: The SpeedPicker from the SAS series in its third generation. The fully redesigned automation solution was specially developed for handling crystalline silicon wafers in the manufacturing of solar cells. Manz thus extends its product offensive to the market for crystalline silicon solar cells with flexibly configurable standard machines. SpeedPicker is the latest offering from the SAS series; an automation solution for almost contact-free handling of solar cells throughout their entire production process. The Reutlingen-based high-tech equipment manufacturer, with 30 years of experience in the solar industry, has specialized in recent years primarily in production equipment for manufacturing CIGS thin-film solar modules. "We still consider CIGS technology the most promising in terms of potential efficiency increases and cost reduction," says Eckhard Hörner-Marass, CEO of Manz AG. "However, we see that also the established manufacturers of crystalline solar cells have a great need to upgrade and further develop their existing

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Paris, France, and Greenwich (CT), USA – June 07th, 2018 – Alesia Communications, the renewable energy PR & Marketing specialist, announced today that it will now accept payments in SolarCoins for the delivery of its services. With this move, Alesia Communications takes a strong step forward in fostering the SolarCoin ecosystem. The SolarCoin blockchain project is a solar-based alternative digital currency which powers the SolarCoin ecosystem, and ambitions to create tomorrow’s smart solar economy. Solarcoins are granted for free by the SolarCoin Foundation to every solar power producer that registers their installations on the SolarCoin platform. They are granted at the rate of §1SolarCoin for each MWh of verified solar energy produced. A number of Solar IPPs like ACWA Power have already registered their PV assets on the SolarCoin platform. Such companies will be able to use the Solarcoin they earn to secure Alesia’s PR and marketing services. “Alesia is proud to be an early adopter of SolarCoin. We want to contribute to this visionary project, whose success largely depends on the active creation of a diversified and plentiful network of suppliers who accept SolarCoin as a medium for value exchange. The point is to build a circular economy and as more

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Designer streamlines PV design for a value-driven solution HERZLIYA, ISRAEL (June 6, 2018) – SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, is launching its new Designer tool to enable faster, easier planning of solar energy system designs. The new web-based tool with an intuitive graphical interface helps installers lower PV design costs and increase conversion rates by creating compelling customer proposals. The free Designer tool is part of SolarEdge’s comprehensive vision to support the entire PV process, including design, quotation, installation, and monitoring in one, end-to-end, cloud-based platform. Developed with SolarEdge’s expertise in PV software, and using input from SolarEdge’s global community of PV professionals, Designer streamlines SolarEdge system design to create a value-driven solution. Saving design time and costs, Designer uses satellite imagery and provides instant validation of a site's design. The tool also simplifies the electrical design process with product recommendations and a Bill of Materials report. By creating attractive and informative homeowner offers, which include intuitive 3D site modeling and monthly energy simulations, SolarEdge’s Designer supports the sales process for PV installers. “Software is playing a more pivotal role in the PV industry, from the local level of each residential system all the way up

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