Articles by: Mark Gorman

Atlantic Tele-Network is Now ATN International

June 20, 2016 at 7:11 pm Comments are Disabled

BEVERLY, Mass., June 21, 2016 (GLOBE NEWSWIRE) — ATN (NASDAQ:ATNI) today announced it has changed the company name to ATN International, reflecting its increasingly diversified business, both in terms of geographic reach and expansion into renewable energy services.  As part of the name change, the company also unveiled a new logo.

“Our business has expanded into new markets and services over the years, and it was clear that our name also needed to be more expansive,” said ATN Chief Executive Officer, Michael Prior. “With distinct lines of business in communications and renewable energy, a continual and ever changing deployment of advanced technologies and services into multiple markets by ATN International, this was a small change that we felt was more reflective of our current breadth of businesses and more adaptable to change in the future.”

ATN International’s communications business includes a network of subsidiary companies that provide advanced services, including fixed and wireless voice, data, and video, to under-served markets in the U.S. and throughout Bermuda and the Caribbean.  ATN International’s renewables business includes distributed generation solar power systems in a number of U.S. states and in India.

About ATN

ATN (Nasdaq:ATNI) and its portfolio of companies invest, own, and operate communications companies and renewable energy assets in the US and Internationally. Through our operating subsidiaries, we (i) provide both wireless and wireline connectivity to residential and business customers, including a range of mobile wireless solutions, local exchange services and broadband internet services, (ii) provide distributed solar electric power to corporate, utility and municipal customers and (iii) are the owner and operator of terrestrial and submarine fiber optic transport systems. For more information, please visit www.atni.com.

CONTACT: CONTACT:	
Atlantic Tele-Network, Inc.
Justin D. Benincasa
Chief Financial Officer		
978-619-1300

Cleantech Invest increases its ownership in accelerating portfolio company Nocart

June 20, 2016 at 5:30 am Comments are Disabled
Cleantech Invest has increased its ownership by converting a loan in portfolio
company Nocart. The ownership increased to approximately 21,5% from 20%.

Nocart delivers power management units for distributed and renewable energy
generation. It enables the use of several different energy sources at high
efficiency rate. Nocart’s product can be used for electricity production from
solar, wind and biomass, as well as small-scale hydroelectric generation. It is
used both for connecting installations to the grid and for complete off-grid
installations to become independent of the grid. Nocart is a system supplier
whose deliveries combine technologies from also other companies.

The company has been able to grow profitably. Last year’s revenues almost
quadrupled to just less than 4 MEUR and during the first half of 2016 has signed
orders of approximately 12,9 MEUR.

Alexander Lidgren, Managing Director at Cleantech Invest: “Distributed renewable
electricity generation is growing explosively and Nocart has done an amazing
breakthrough to this market. They have made over 60 deliveries and are showing a
positive result throughout this growth.”

Vesa Korhonen, Managing Director at Nocart: “Nocart’s rapid growth continues in
all fronts, we are opening new geographic markets, developing larger projects
and working with larger financial institutions. Our project pipeline indicates
continued sales growth.”
Contact Information:

Alexander Lidgren, Managing Director of Cleantech Invest Plc. Tel. 46 73 660
1007, alexander.lidgren@cleantechinvest.com

Access Partners Oy, Certified Advisor. Tel. 358 9 682 9500

Vesa Korhonen, CEO of Nocart Oy. Tel. 358 50 570 0952, vesa.korhonen@nocart.fi
Cleantech Invest in brief

Cleantech Invest is a Nordic accelerator with investments in growth companies
that solve global challenges. The portfolio companies are active in energy- and
resource efficiency as well as decentralized renewable energy and are based in
Finland, Sweden and Germany. The company management consists of company builders
and investors who have been active within the cleantech space for over a
decade.The company is listed on First North Finland under the ticker CLEAN and
on First North Stockholm under the ticker CLEANT A. www.cleantechinvest.com

Vishay Intertechnology Offers New Application and Technical Notes on CV Pulse Charging of ENYCAP™ Hybrid Energy Storage Capacitors

June 14, 2016 at 3:00 pm Comments are Disabled

MALVERN, Pa., June 15, 2016 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE:VSH) today announced the availability of new application and technical notes on the company’s website that assist designers in implementing constant voltage (CV) pulse charging when using the award-winning 196 HVC ENYCAP™ series of hybrid energy storage capacitors.

The 196 HVC ENYCAP series offers designers exceptional flexibility and enhanced charge and discharge performance for energy harvesting and power line backup applications. Delivering the best energy/volume rating in the industry, the devices are especially suited for applications such as embedded computers, utility meters, point of sale terminals, servers, data storage systems, professional remote controls, real-time clocks, emergency lighting, access systems and surveillance cameras, gaming and vending machines, and network equipment.

For applications requiring a constantly high charge state of the ENYCAP capacitors — such as solar energy systems and emergency signaling in medical devices — a reliable charging solution must also be applied. The “Power Management Solution: Constant Voltage (CV) Pulse Charging of Hybrid Capacitors” application and technical notes propose CV charging as the most cost-efficient charging solution and provide designers with an understanding of how to apply it to fully utilize the performance of 196 HVC ENYCAP devices.

The application and technical notes are available now at http://www.vishay.com/doc?28427 and http://www.vishay.com/doc?28428, respectively. In addition, an infographic on the ENYCAP capacitors is available at http://www.vishay.com/doc?48072.

Vishay Intertechnology, Inc., a Fortune 1000 Company listed on the NYSE (VSH), is one of the world’s largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, power supplies, and medical markets. Vishay’s product innovations, successful acquisition strategy, and “one-stop shop” service have made it a global industry leader. Vishay can be found on the Internet at www.vishay.com.

ENYCAP is a trademark of Vishay Intertechnology.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Share it on Twitter: http://twitter.com/intent/tweet?text=.@vishayindust offers new application notes on CV pulse charging of ENYCAP hybrid energy storage capacitors – http://goo.gl/80tLGW

Links to resources:
http://www.vishay.com/ppg?28409 (196 HVC ENYCAP™ Datasheet)
http://www.vishay.com/doc?28427 (Application Note)
http://www.vishay.com/doc?28428 (Tech Note)
http://www.vishay.com/doc?48072 (Infographic)

Link to product photo:
https://www.flickr.com/photos/vishay/26818524793/sizes/l

CONTACT: For more information please contact:
Vishay Intertechnology
Andrew Post, +1 610 251-5287
andrew.post@vishay.com

CGE Energy Engages Firm Zwick & Banyai for 2-Year Certified Audit

June 14, 2016 at 11:42 am Comments are Disabled

BRIGHTON, Mich., June 15, 2016 (GLOBE NEWSWIRE) — CGE Energy (OTCPink:CGEI), the leading engineer of no capital cost energy solutions, is pleased to announce the selection and engagement of independent registered public accounting firm Zwick & Banyai, PLLC to perform a certified audit of fiscal years ending March 31, 2015 and March 31, 2016.

The Audit Committee of CGE Energy’s Board of Directors recently conducted a competitive process to select the Company’s independent registered public accounting firm. As a result of this process and subject to completion of its standard client acceptance procedures, the Committee unanimously approved the appointment of Zwick & Banyai, PLLC.

Zwick & Banyai is the Detroit office of IAPA, which has member firms throughout the world. Founded in 1994, the registered public accounting firm he has worked with growing publicly traded companies in a wide variety of industries, providing services ranging from accounting and auditing services, as well as SEC compliance work, which includes initial public offerings of corporations.

Zwick & Banyai’s founding member Jack Zwick has experience with multiple publicly traded companies in the energy industry, including serving on the Board and Chairman of the audit committee of Solar Energy Initiatives Corporation as well as being CFO and a member of the Board of Car Charging Group, Inc.

In response to CGE Energy’s appointment, Mr. Zwick commented, “I look forward to working with the team at CGE Energy during this important juncture in the company’s growth. The audit process will be performed to meet all the SEC compliances required for CGE’s forthcoming plans.”

“Zwick & Banyai has the experience necessary to use this certified audit to achieve the growth strategy that we have been executing over the past two years. There are many nuances that make our business model and energy solutions unique, and their firm has a good understanding of all the working parts,” said Bryan Zaplitny, President and CEO of CGE Energy.

About CGE Energy

CGE Energy (OTCPink:CGEI) is the leading engineer of no capital cost energy solutions. Headquartered in Brighton, Michigan, the company integrates the optimal configuration of renewable energy and energy efficiency technologies to meet their customers unique energy needs. Today the company serves customers in the U.S. and abroad, using energy technologies that include Cree® LED lighting, their patented WIND•e20® wind turbine and SolarWorld® solar generation. http://www.cgeenergy.com

This press release may contain forward-looking statements including statements regarding our expectations, beliefs, intentions or future strategies that are signified by the words “expects,” “anticipates,” “intends,” “believes” or similar language. These forward-looking statements involve risks, uncertainties and other factors. All forward-looking statements included in this press release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. Actual results may differ materially from those projected in the forward-looking statements.

CONTACT: Media Contact: Paul Schneider 248-446-1344, pschneider@cgeenergy.com

Italeaf S.p.A. : TerniEnergia: strengthens its leadership in Africa in photovoltaic sector

June 14, 2016 at 11:39 am Comments are Disabled

PRESS RELEASE 15 JUNE 2016

Italeaf: TerniEnergia: strengthens its leadership in Africa in photovoltaic sector

  • Acquired new contract for 34 MW PV EPC in Zambia

             
TerniEnergia, smart energy company active in the fields of renewable energy, energy efficiency, waste and energy management, listed on the Star segment of the Italian Stock Exchange and part of Italeaf Group, within the internationalization process of the PV EPC business, has been acquired a new contract of approximately $ 8 million for the construction in Zambia of an industrial scale photovoltaic plant for a total capacity of 34 MWp, on behalf of an Italian leading utility.
With this new industrial agreement, TerniEnergia strengthens its leadership role in the construction of large plants for the production of energy from solar source in Africa, after about 150 MW installed in South Africa, the opening of a subsidiary in Mozambique to participate in international tenders and the order for a project in Egypt for further 47 MW. The Company also ensures continuity with multi-year preparatory activities for the development of new plants and the operation and maintenance (O&M).
Industrial size, operational capacity, the experience and the expertise to adapt to international challenges, are the competitive advantages that the Company is able to deploy in a continent like Africa with great potential for the development of renewables. In particular, TerniEnergia is positioned consistently in the African Continent to intercept the opportunities of growth in the sector, driven by the increase in energy demand in emerging countries, new international policies on containing the “global warming” and, above all, from the increased investments in the sector.
The Zambian plant will be installed in in Lusaka in the homonymous province, covering an area of about 50 hectares.. The contract includes the EPC activities without the supply of modules, inverters, trackers, photovoltaic modules and inverters. At the construction site will be active at full capacity about 150 workers for the installation of about 106,260 poly modules of 320 W power. It will be provided 2.550 kg of carpentry steel frames and the laying of 960 km of electric cables.

TerniEnergia, a company incorporated in September of 2005 and part of Italeaf Group, is the first Italian smart energy company and operates in renewable energy, energy efficiency, energy and waste management. TerniEnergia operates as system integrator, with a turn-key offer of industrial sized photovoltaic plants, on behalf of third parties and on its own, for the Power Generation business, also through joint venture companies with leading national players. TerniEnergia operates in the waste management sector, recovery of the material and energy, development and production of technologies. In particular, the Company is active in the recovery of tires out of use, in the treatment of biodegradable waste through the implementation of biodigesters, management of plant for the biological depuration; development and production of technological apparatus. Through TerniEnergia Gas & Power, the Group is active in the energy management, energy sales to energy intensive customers, software and services for energy management, administrative, financial and credit management. The Group is also active on the natural gas and liquefied natural gas (LNG) market, offering a range of services and activities in order to develop Client’s business and achieve a competitive advantage providing the best market conditions and creating a high added value.
TerniEnergia operates in the development of energy efficient plants both through EPC scheme and FTT scheme (Financing Through Third Parties), pursuing the objectives of increasing energy production from renewable sources, of energy saving and reduction of emissions as set forth by environmental European policy.
TerniEnergia is listed on STAR segment of Borsa Italiana S.p.A..

This press release is also available on the Companies website: www.italeaf.com and www.ternienergia.com

Certified Adviser

Mangold Fondkommission AB is the Certified Adviser of Italeaf on NASDAQ OMX First North.

For further information please contact: 
Filippo Calisti
CFO – Italeaf S.p.A.
E-mail: calisti@italeaf.com

Mangold Fondkommission AB
Tel. +46 (0)8 5030 1550
info@mangold.se

Italeaf SpA, established in December 2010, is a holding company and a business accelerator for companies and startups in the areas of innovation and cleantech. Italeaf operates as a company builder, promoting the creation and development of industrial startups in the fields of cleantech, smart energy and technological innovation. Italeaf has headquarters and plants in Italy at Nera Montoro (Narni), Terni, Milano and Lecce; has international offices in London and Hong Kong and a research and development centre in the Hong Kong Science and Technology Park. The company controls TerniEnergia, listed on the STAR segment of the Italian Stock Exchange and active in the fields of renewable energy, energy efficiency and waste management, WiSave in the “internet of things” field, for the development and production of thermostats and smart technologies for the remote control of electrical and heating items of buildings managed through a cloud infrastructure, and Skyrobotic, in the business development and manufacture of civil and commercial drones in mini and micro classes for the professional market, Numanova, operating in the field of innovative metallurgy and additive manufacturing and Italeaf RE, a real estate company.

HUG#2020888

Mission Viejo business Franchise Services invests in solar plus energy storage to drastically reduce utility bills and eliminate hefty demand charges

June 13, 2016 at 1:13 pm Comments are Disabled

ROCKLIN, Calif., June 14, 2016 (GLOBE NEWSWIRE) — The management team at Franchise Services, Inc. in Mission Viejo wanted more choice and control over annual utility expenses. This included reducing the pain from one of the highest demand charge tariffs in the nation. So the company invested in JLM Energy’s solar plus storage smart energy management technology that will make it possible to rely on stored energy during peak times to lower electric bills.

Franchise Services occupies a 44,000 square foot office building in Mission Viejo and has an annual electricity expenditure of $120,000. The new commercial grade Gridz system combines two 30 kW/60 kWh battery systems with solar panels. The company qualified for California’s SGIP rebate as well as the Federal Incentive Tax Credit for energy storage systems. The $450,000 system quickly became a $290,000 system net of tax and incentives. Dan Conger, Chief Financial Officer, expects a rapid return on investment.

“We estimate that implementing solar and energy storage will cut our utility expense by 75%,” Conger said. Our calculations show the break-even point on this system is 48-months.”

Utility companies calculate electricity charges for businesses based on total kilowatt-hours consumed and the rate at which this energy is used. The rate of energy consumption is referred to as “demand charges” and it can account for up to 50% of a monthly energy bill.

JLM Energy’s smart software, Measurz, analyzes historical energy consumption trends and then develops efficiency recommendations that include the exact combination of storage and renewable energy needed to limit demand charges. This makes it possible to rely on stored energy during peak times or feed excess energy back to the grid at a constant rate, resulting in lower bills.

JLM Energy, VP of Enterprise Sales, Nathan Newsom said, “Combining solar and energy storage without a significant loss in efficiency is the cornerstone of our Gridz technology. Energy storage is the next frontier of renewable energy and it is a win-win for businesses and utilities. The business owner saves money and the utility gets more distributed energy resources online and a customer with a more consistent rate of use over time.”

The emerging energy storage market is being driven by improved energy efficiency, the declining cost of solar and enhanced energy storage that is made possible by improved battery technology, creating a huge benefit to consumers. Federal tax incentives for solar plus energy storage systems are currently available for up to 30% of the total cost.

The Franchise Services project is the first of its kind to receive full permits in Mission Viejo and will be used by the City as the gold standard by which to qualify future projects.

About JLM Energy

JLM energy is an innovative technology company. We develop quality products that bring value to our customers. We offer a broad set of renewable energy and energy storage products. We design every aspect of our products from inception all the way to installation and service.

JLM Energy’s full portfolio of advanced energy solutions provides consumers with choice and control over their electricity expenditure. Founded in 2011 by Farid Dibachi and Kraig Clark, JLM Energy is solely funded by the two partners.

About Franchise Services

Franchise Services, Inc., (FSI) is a franchise management company that owns the franchise brands, Sir Speedy, PIP Printing, Signal Graphics, TeamLogic IT, MultiCopy in the Netherlands while partnering with Eastnet Print in China. Franchise Services has a 54-year history managing award-winning brands that support the small-to-medium-sized business market. The company’s worldwide reach encompasses nearly 400 locations in 12 countries. FSI’s brands have received numerous awards and recognition including the Franchise Times Top 200, Entrepreneur’s Franchise 500, Quick Printing Top 100, Printing Impressions 400, Franchise Times Fast 55, and Franchise Business Review’s Franchise 50 Satisfactions awards.

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=40591

CONTACT: Ellen Howe, 
         VP Corporate Development
         & Marketing,
         JLM Energy
         Cell: 703/835-5550 
         ellen.howe@jlmei.com
         
         Dan Conger, 
         CFO, 
         dconger@franserv.com
         
         Denise Denton, 
         Assistant VP, 
         Marketing Communications, 
         ddenton@franserv.com.
         
         Franchise Services, Inc., 
         26722 Plaza, 
         Mission Viejo, CA  92691 
         Tel: 949/348-5400, 
         Fax: 949/348-5066. 
         Website: http://www.franserv.com.

DGAP-News: SFC Energy receives largest Asian single order for EFOY PRO fuel cells from Singapore sales & marketing partner Innoverde

June 13, 2016 at 5:33 am Comments are Disabled
DGAP-News: SFC Energy AG / Key word(s): Miscellaneous
SFC Energy receives largest Asian single order for EFOY PRO fuel cells from
Singapore sales & marketing partner Innoverde

14.06.2016 / 07:30
The issuer is solely responsible for the content of this announcement.

—————————————————————————

SFC Energy AG – Press Release

SFC Energy receives largest Asian single order for EFOY PRO fuel cells from
Singapore sales & marketing partner Innoverde

– Single order value of EUR 0.5 million

– EFOY Pro fuel cells provide reliable off-grid power to surveillance
systems in Singapore

Brunnthal/Munich, Germany, June, 14, 2016 – SFC Energy, a leading provider
of hybrid power solutions to the stationary and mobile power generation
markets, announces the receipt of a major order by its Singapore sales &
marketing partner Innoverde Pte. Innoverde serving prime customer Oneberry
Technologies in Singapore will procure several hundred units of EFOY PRO
2400 over the next 24 months with the first of deliveries planned for
coming weeks. Fuel cells will be used to provide reliable off grid power to
security and surveillance equipment in Singapore.

In the framework of the contract won, SFC Energy will deliver EFOY Pro fuel
cells and EFOY fuel cartridges to Singapore. Some of the fuel cells will be
hybridized with a solar module in a weatherproof system by Oneberry
Technologies Pte Ltd.

The contract award builds on the success of 5 years of extensive business
development of SFC Energy and Oneberry Technologies in Singapore.

The efficient, environmentally friendly EFOY Pro fuel cells are well
established in Singapore. They power off-grid equipment ensuring the
integrity of infrastructure and environmental needs, such as flood watch
warning systems in Singapore’s underground canals, solutions for littering
or waste water quality monitoring.

“Our clients demand superior surveillance technology and flawless
operation, and we select components to fulfill and secure their demand
accordingly. This includes the vital energy source”, says Ken Pereira, CEO
of Oneberry Technologies. “The EFOY Pro fuel cell is not only a very
ecofriendly power generator, but also an extremely reliable one: It
provides power at any time and in any weather to critical infrastructure
and environmental equipment to ensure 24/7 system readiness. In hybrid
operation with the solar module the fuel cell covers the module’s power gap
in bad weather and at night. Thus, we can offer our customers highly
flexible solutions that ensure full system functionality in any weather,
while at the same time saving significant amounts of operating cost and
service effort.”

“After the success story of our EFOY Pro fuel cells in Japan, this order is
another important milestone in our expansion into the Asian markets, where
we see tremendous business opportunities”, says Dr. Peter Podesser, CEO of
SFC Energy. “Our clean, sustainable and silent products are fast becoming
the power source of choice for ensuring off-grid power availability to
state and civilian security & surveillance equipment all across Asia. No
competitive technology can deliver the same high degree of reliability and
autonomy.”

Additional information on the EFOY Pro fuel cell and on SFC Energy’s off
grid power portfolio for security & surveillance, oil & gas, wind, traffic
management, environmental and telecommunications applications at www.efoy-
pro.com and at www.sfc.com.

About SFC Energy Group
SFC Energy AG (www.sfc.com) is a leading provider of hybrid solutions to
the stationary and portable power generation markets. SFC is the number one
supplier of fuel cells, with over 35,000 fuel cells sold to date. The
Company has award-winning products and serves a range of applications in
the Oil & Gas, Security & Industry and Consumer markets. The Company is
headquartered in Brunnthal/Munich, Germany, operates production facilities
in the Netherlands, Romania, and Canada, and sales offices in the U.S and
Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (WKN:
756857 ISIN: DE0007568578).

About Oneberry Technologies Pte Ltd.
Oneberry Technologies (www.oneberry.com) is an established and award
winning provider of specialized, efficient and cost effective IT solutions
in Singapore across a wide range of industries, including security, safety,
and construction. The company was used as an example for the “new
generation of companies” in Singapore in the 2015 budget speech of the
Deputy Prime Minister and Finance Minister. Oneberry Technologies has been
at the forefront of solutions development with a focus on implementing
automation, decentralization, and convergence in technology solutions
without compromising the environment.

SFC Press Contact:
Ulrike Schramm
SFC Energy AG
Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-377
Fax. +49 89 673 592-169
Email: pr@sfc.com

—————————————————————————

14.06.2016 Dissemination of a Corporate News, transmitted by DGAP – a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

—————————————————————————

Language: English
Company: SFC Energy AG
Eugen-Saenger-Ring 7
85649 Brunnthal
Germany
Phone: +49 (89) 673 592 – 100
Fax: +49 (89) 673 592 – 169
E-mail: info@sfc.com
Internet: www.sfc.com
ISIN: DE0007568578
WKN: 756857
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart

End of News DGAP News Service
—————————————————————————

471239 14.06.2016

Middle East Distribution Panel Market size over $1.8 Billion by 2023: Global Market Insights, Inc.

June 12, 2016 at 7:26 am Comments are Disabled

Delaware, June 13, 2016 (GLOBE NEWSWIRE) — Middle East Distribution Panel Market size is expected to reach USD 1.88 billion by 2023; as per a new research report by Global Market Insights, Inc.

Rapidly growing population accompanied by rising electricity demand is forecast to propel Middle East distribution panel market growth. Escalating advancements in power sector technologies such as temperature-rated or density-rated copper or aluminum bus is likely to drive revenue. Furthermore, rising demand for these products for T&D (Transmission & Distribution) services for various power applications is anticipated to fuel demand from 2016 to 2023. 

Get a sample copy of this report @ https://www.gminsights.com/request-sample/detail/467 

Technological advancements and innovation are likely to lead to substantial reduction in complexities related to installation as well as maintenance. Development of energy efficient boards using solar energy for better power and clean energy generation may eventually result in high renewable electricity production and significant distribution panel market size. 

Swift urbanization along with escalating need for sophisticated products for efficient power delivery is projected to fuel the Middle East distribution panel market. Flourishing industry sectors such as power, server and telecommunications may escalate demand owing to large scale installation. 

The server industry has witnessed a paradigm shift in light of growing amount of data and associated concerns. This is forecast to create demand for high performance, effective power supply and circuit safety, favorably impacting the Middle East distribution market landscape.

 

Peripheral device monitoring and control may not be feasible in case of any damage to the data communication or power circuits that supply the control modules. This may hamper the industry over the forecast timeframe.Industry experts expect the advent of technologies distributed power electronics that enable smart solar modules or panels.

To access sample pages or view this report titled, “Middle East Distribution Panel Market Size By Capacity (Low Voltage, Medium Voltage, High Voltage), By Product (Pole Mounted Transformers, Standalone), Industry Analysis Report, Regional Outlook (Saudi Arabia, Qatar, UAE), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents, please click on the link below:

https://www.gminsights.com/industry-analysis/middle-east-distribution-panel-market

 

Key insights from the report include:

  • Standalone distribution panel market size was valued at over USD 735 million in 2015, growing at 5.7% CAGR estimations from 2016 to 2023. These off-the-grid electricity systems play a crucial role in locations without fixed power distribution systems and are majorly used for electricity generation, regulation, and energy storage.
  • Panels for pole mounted transformers are projected to grow slower than the Middle Eastern average. Increasing population base along with rising electricity demand from remote areas of UAE and KSA is forecast to drive growth over the next seven years.
  • Medium voltage distribution panel market share was the major contributor in 2015 and is anticipated to grow steadily over the next few years. Escalating optimum management requirement of medium voltage grids coupled with growing requirement for better quality and reliable energy supply is expected to fuel demand across the segment.
  • UAE distribution panel market share was approximately 9.5% in 2015; it is predicted to be valued at USD 185.9 million by 2023. Increasing number of new construction projects across the region is expected to drive growth from 2016 to 2023.
  • Participants operating in the industry are Schneider Electric, Legrand, ABB, Abunayyan Holding, Arabian Gulf Switchgear, Alfanar Group, Ba’Amer Electric, and EAMFCO. Industry players focus on developing effective and environment friendly solutions for profitability. They also invest considerably in R&D for developing innovative products to offer maximum reliability and service differentiation.

 

Related Reports:

 

Global Market Insights has segmented the Middle East distribution panel market on the basis of product, capacity and region:

  • Distribution Panel Product Analysis (Revenue, USD Million, 2012 – 2023)
  • Standalone distribution panels
  • Pole mounted transformers
  • Distribution Panel Capacity Analysis (Revenue, USD Million, 2012 – 2023)
  • Low voltage
  • Medium voltage
  • High voltage
  • Distribution Panel Regional Analysis (Revenue, USD Million, 2012 – 2023)
  • Saudi Arabia
  • Qatar
  • UAE

 

Read Our Blogs:

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

CONTACT: Jack Davis 
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766 
Toll Free: 1-888-689-0688
Email: sales@gminsights.com    
Web: https://www.gminsights.com   

Taaleri establishes new energy company and expands its energy sector to billions

June 9, 2016 at 7:00 am Comments are Disabled

Helsinki, 2016-06-10 09:00 CEST (GLOBE NEWSWIRE) —
 

Taaleri financing group is establishing a new energy company, Taaleri Energia Oy, and significantly expanding its operations in the energy sector. The energy business will form its own business segment within Taaleri alongside wealth management and financing. Taaleri is aiming to increase its managed assets committed to energy to over EUR 1.5 billion within three years.

“We want to be a part of the transition of the energy sector, which is redistributing the market. Fossil energy production is being run down through political decisions, which guides the movements of capital within the sector in Finland and internationally. Energy is a natural area of expansion for our business operations,” says Taaleri Plc CEO Juhani Elomaa

“Our private equity funds are already a unique opportunity for our customers to own Finnish business and, in the future, also increasingly the energy sector. The sector has been mostly owned by large energy companies, but a new kind of ownership model, in which even private persons can own industrial-scale investments, will certainly shape the entire market.”

Taaleri has invested over EUR 600 million in building renewable energy in Finland through two wind power funds and a biofactory fund. The recently opened third wind power fund is currently collecting a capacity of approximately EUR 200 million for wind farm investments.

Taaleri’s expansion to the energy field is predicted to increase the assets managed by Taaleri’s private equity funds by approximately EUR 800 million on top of the current programmes over the next three years. The capital is primarily committed to new investments made through funds. Corporate acquisitions in Finland and abroad are also possible.

“We are already the second largest wind farm developer in Finland with our current investments. Established in the autumn, Taaleri Energy will channel Finnish ownership into renewable energy, such as wind and solar power, as well as into existing energy sources and networks. The energy business segment will also be connected to Taaleri’s internationalisation goal.”

At first, Taaleri Energy will employ approximately 20 people, most of whom already work for Taaleri. Several key persons will also be recruited during the summer. Taaleri Group will report in accordance with the new segment division starting 1 July 2016.

Taneli Hassinen
Head of Communications and IR
Taaleri Plc
Tel. +358 40 504 3321
taneli.hassinen@taaleri.com

For additional information:

Juhani Elomaa, CEO, tel. +358 40 778 9020, juhani.elomaa@taaleri.com

Taaleri in brief

Taaleri is a financial group whose parent company, Taaleri Plc, is listed on the main list of the Helsinki Stock Exchange. Taaleri provides wealth management and financing services to institutional investors, companies and private individuals. Taaleri Group currently consists of the parent company Taaleri Plc and four operational subsidiaries: Taaleri Wealth Management Ltd and its subsidiaries, Taaleri Private Equity Funds Ltd and its subsidiaries, Taaleri Investment Ltd and Garantia Insurance Company Ltd. In addition, Taaleri has an associated company, Fellow Finance Oy, which offers peer-to-peer lending services. The Group has over 180 employees. Its offices are located in Helsinki, Tampere, Turku, Pori, Oulu, Istanbul and Nairobi.

At the end of 2015, Taaleri had assets under management of EUR 3.9 billion and 3,500 wealth management clients. Taaleri Plc has more than 2,400 shareholders. The operations of Taaleri are supervised by the Finnish Financial Supervisory Authority.

Further information about our company and services can be found at: 

www.taaleri.com
www.fellowfinance.fi
www.garantia.fi

 

 

 

 

 

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Global Ceramics Market Witnesses Surge Due To Availability Of Raw Materials – Market Will Reach $502.8 Billion By 2020: MarketResearchReports.biz

June 8, 2016 at 10:30 am Comments are Disabled

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