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Lagos, Nigeria – July 4, 2018: GE (NYSE: GE), the world’s premier digital industrial company and the Lagos State Government have agreed to pool their resources for the development of critical infrastructure in the state in the areas of Power, Healthcare and Skills Development.

This was announced during the signing of a Support and Cooperation Agreement by both parties during the France-Nigeria Business Forum held yesterday in Lagos, one of several events hosted during the visit of President of France, Emmanuel Macron, to Nigeria.

The agreement signing between GE and LASG was witnessed by the French Secretary of State to the Minister of Economy and Finance, Delphine Geny-Stephann. It aims to record areas of mutual interest and participation between both parties, streamline the relationship and set out the terms and conditions of collaboration. Focus areas for this collaboration cut across several sectors including Power, Healthcare, Technology, Education & Financing.

In Power, the collaboration is focused on working with the state government to provide the generation capacity (MW) needed by Lagos State to power industries and households, ensuring the power generated gets to the consumers where it is needed. Using gas turbine and grid solution technologies produced in GE Power’s manufacturing sites in France, GE is well positioned to deliver world class power solutions to Lagos state.

Under the healthcare sector, GE will focus on working with the state government to upgrade Primary, Secondary & Tertiary healthcare centers across the state whilst developing an efficient financing solution that will help Primary Healthcare SMEs get much needed access to funding. There will also be a strong focus on capacity development through several clinical, biomedical and leadership training programs for health workers in Lagos state.

GE also seeks to collaborate with the Lagos State Ministry of Wealth Creation & Employment on its Yaba technology hub project by setting up the Lagos Garage advanced manufacturing training program at the hub once completed. Both parties are also exploring areas of possible collaboration with the Lagos State Employment Trust Fund to offer access to financing opportunities to top graduates of the training program. 

Speaking on the collaboration between GE and Lagos State government, Lazarus Angbazo, President and CEO, GE Nigeria said “We are grateful to today be signing an important MOU with the state government across key sectors in alignment with the progressive agenda of the state. We look forward to executing on these projects and know that we can count on the true partnership and support of the Government as usual.”

GE has been in operation in Nigeria for decades, originally as an equipment manufacturer. Over the course of many years, through organic growth and acquisitions, the company has grown substantially and now represents the largest GE platform on the African continent. The company has about 900 employees in Nigeria, and virtually have the entire portfolio of companies of GE represented here. We have a very significant footprint in terms of manufacturing and service facilities.

GE has been operating in Nigeria for over 40 years, with more than 900 employees, 90% of whom are Nigerians.  The company has businesses spanning across key sectors including oil and gas, power, healthcare and rail transportation.

About GE

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

GE Media Contact

Yewande Thorpe

Head of Communications,

GE Nigeria

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An afforestation programme of nearly 7 lakh acres that supports a large paper mill and possibly supplies to others too; a watershed initiative spread over 8,70,000 acres across 14 States, and nearly 43 per cent of energy met through renewable energy — all these set ITC Ltd apart.

For a...

While India tries to put in place end-of-life-vehicle (ELV) recycling systems, there are several countries from which it could adapt a few ideas. The India situation in this regard is humongous. Going by GIZ/Siam figures for 2015, there were 87.31 lakh vehicles that needed to be treated as ELVs....

It’s been awaited a long time and now, finally, it’s happening. The ‘other’ solar laggard is pulling up its socks.

Indian industries are warming up to the idea of using solar heat for their processes. Here is a telling data point: Till the end of 2016, India had 271 units that produced ‘solar...

Country’s utilities and government regulators are focused on aggressive electrification, decentralization, and digitization efforts, report finds

A second structural impediment to fully realizing DER benefits is the current grid planning approach, which biases grid design toward traditional infrastructure rather than distributed alternatives, even if distributed solutions better meet grid needs. Outdated planning approaches rely on static assumptions about DER capabilities and focus primarily on mitigating potential DER integration challenges, rather than proactively harnessing these flexible assets.

Section II demonstrated how California could realize an additional $1.4 billion per year by 2020 in net benefits from the deployment of new DERs during the 2016-2020 timeframe. This state-wide methodology was then applied to the planned distribution capacity projects for California’s most recent GRC request, showing how the deployment of DERs in lieu of planned distribution capacity expansion projects in PG&E’s next rate case could save customers over $100 million. 

Motivated by the challenge faced in designing a grid appropriate to the 21st century, this report first focuses on determining the quantifiable net economic benefits that DERs can offer to society. The approach taken builds on existing avoided cost methodologies – which have already been applied to DERs by industry leaders – while introducing updated methods to hardto-quantify DER benefit categories that are excluded from traditional analyses. While the final net benefit calculation derived in this report is specific to California, the overall methodological advancements developed here are applicable across the U.S. Moreover, the ultimate conclusion from this analysis – that DERs offer a better alternative to many traditional infrastructure solutions in advancing the 21st century grid – should also hold true across the U.S., although the exact net benefits of DERs will vary across regions.

Designing the electric grid for the 21st century is one of today’s most important and exciting societal challenges. Regulators, legislators, utilities, and private industry are evaluating ways to both modernize the aging grid and decarbonize our electricity supply, while also enabling customer choice, increasing resiliency and reliability, and improving public safety, all at an affordable cost.

The share of renewables in overall power generation is rapidly increasing, both in developed and developing countries. Furthermore, many countries have ambitious targets to transform their power sector towards renewables. To achieve these objectives, the structure and operation of existing power grid infrastructures will need to be revisited as the share of renewable power generation increases.

Renewable energy technologies can be divided into two categories: dispatchable (i.e. biomass, concentrated solar power with storage, geothermal power and hydro) and non-dispatchable, also known as Variable Renewable Energy or VRE (i.e. ocean power, solar photovoltaics and wind). VRE has four characteristics that require specific measures to integrate these technologies into current power systems: 1) variability due to the temporal availability of resources; 2) uncertainty due to unexpected changes in resource availability; 3) location-specific properties due to the geographical availability of resources; and 4) low marginal costs since the resources are freely available.

A transition towards high shares of VRE requires a re-thinking of the design, operation and planning of future power systems from a technical and economic point of view. In such a system, supply and demand will be matched in a much more concerted and flexible way. From a technical perspective, VRE generation can be ideally combined with smart grid technologies, energy storage and more flexible generation technologies. From an economic perspective, the regulatory framework will need to be adjusted to account for the cost structure of VRE integration, to allow for new services and revenue channels, and to support new business models.

There are several technological options that can help to integrate VRE into the power system grid: system-friendly VREs, flexible generation, grid extension, smart grid technologies, and storage technologies. New advances in wind and solar PV technologies allow them to be used over a wider range of conditions and provide ancillary services like frequency and voltage control. Flexible generation requires changes in the energy mix to optimise production from both dispatchable and non-dispatchable resources. Smart grid technologies can act as an enabler for VRE integration, given their ability to reduce the variability in the system by allowing the integration of renewables into diverse electricity resources, including load control (e.g. Demand Side Management (DSM), Advanced Metering Infrastructure (AMI), and enhancing the grid operation and therefore helping to efficiently manage the system’s variability by implementing advanced technologies (e.g. smart inverters, Phasor Measurement Unit (PMU) and Fault Ride Through (FRT) capabilities).

Energy storage technologies can alleviate short-term variability (up to 2 Renewable Energy Integration in Power Grids | Technology Brief several hours), or longer-term variability through pumped-storage hydroelectricity, thermal energy storage or the conversion of electricity into hydrogen or gas.

Two immediate applications for deploying innovative technologies and operation modes for VRE integration are mini-grids and island systems. The high costs for power generation in these markets make VREs and grid integration technologies economically attractive since they can simultaneously improve the reliability, efficiency and performance of these power systems. This is, for example, the case of the Smart Grid demonstration project in Jeju Island, South Korea.

Furthermore, the right assessment and understanding of VRE integration costs are relevant for policy making and system planning. Any economic analysis of the transition towards renewables-based power systems should, therefore, consider all different cost components for VRE grid integration, such as grid costs (e.g. expansion and upgrading), capacity costs and balancing costs. Integration costs are due not only to the specific characteristics of VRE technologies but also to the power system and its adaptability to greater variability. Therefore, these costs should be carefully interpreted and not entirely attributed to VRE, especially when the system is not flexible enough to deal with variability (i.e. in the short-term).

Moreover, RE integration delivers broader benefits beyond purely economic ones, such as social and environmental benefits. Even though not straightforward, these externalities should be considered and quantified in order to integrate them into the decision-making process and maximise socio-economic benefits.

Due to the rapid technological progress and multiple grid integration options available, policy makers should build a framework for RE grid integration based on the current characteristic of the system, developing technological opportunities and long-term impacts and targets. In particular, policy makers should adopt a long-term vision for their transition towards renewables and set regulatory frameworks and market designs to foster both RE development and management of greater system variability. Such regulatory frameworks could include new markets for ancillary services and price signals for RE power generators that incentivise the reduction of integration costs.


An industry executive, however, said there is no clarity on power evacuation. “Power Grid Corporation is right now augmenting all their sub-stations.

The directive of the Bangalore Electric Supply Co (BESCOM) is not addressed to the seven developers that obtained the stay on the KERC order.

The Sikkim government's failure to complete transmission line from Teesta-III hydro power station to Kishanganj has resulted in Rs 6 cr loss per day

MERC today concluded its hearing on the proposed sale of Rinfra's Mumbai power distribution business to Adani Transmission for an eEstimated Rs 18,800 cr.

The four firms have been shortlisted for negotiations by Essel Infraprojects, which also plans to exit the solar business apart from transmission projects, people familiar with the development said.

A public procurement mechanism with purchase preference to domestic equipment manufacturers for future electricity generation, transmission and distribution projects is in the works.

LOS ANGELES, July 21, 2018 /PRNewswire/ -- On Wednesday, July 18, the independent advertising agency Battery took home top honors with Gold for 'Integrated Campaign of the Year' for their Netflix is a Joke campaign at the Ad Age Small Agency Awards. The Ad Age Small Agency Awards are the industry's top honor for independent shops with 150 or fewer employees that demonstrate outsized impact for clients and innovation within their own businesses.

This is the third time that the Ad Age Small Agency Awards has recognized Battery. In 2015, they were honored with Silver for Small Agency of the Year 1-10 employees. Then in 2016, their campaign for Batman Arkham Knight won Silver for "Integrated Campaign of the Year."

This award comes on the heels of significant momentum for Battery this past year having been recognized as Boutique Agency of the Year by ThinkLA, a top 20 Fastest Growing Private Company by the Los Angeles Business Journal and recently honored by the Cannes Lions International Festival of Creativity, the D&AD Association, PromaxGames and The One Show adding to a long list of industry accomplishments for this independent agency founded in 2013.

"It's absolutely wonderful that Ad Age has this award as independent agencies are becoming more and more important in our turbulent industry landscape. To be honored 3 times by Ad Age in our short 5-year history as an agency is immensely gratifying," said Anson Sowby, CEO, and co-founder of Battery.

"Humbled and honored by this award. Small is the new big and we couldn't be happier to be in such great company," said Philip Khosid, CCO, and co-founder of Battery.

The prestigious award was presented during the Ad Age Small Agency Awards, honoring the best and brightest from the region. Finalists and winners were selected by a high-profile jury, and the full list of Ad Age Small Agency Awards honorees can be viewed online. For more information, visit: http://adage.com/article/agency-news/bssp-named-ad-age-s-small-agency-year/314051.

About Battery

Battery is an independent creative ad agency that makes product advertising as sought after as entertainment. Twice honored as an Ad Age Small Agency of the Year and recognized as a Top 20 Fastest Growing Private Company in LA County in 2016 and 2017. Battery creates global campaigns for such clients as Netflix, AECOM, Activision Blizzard, LEGO and Mike's Hard Lemonade among others. More information can be found at www.batteryagency.com, or follow them online via Facebook, Twitter, Instagram & YouTube.

About Ad Age Small Agency Awards

Ad Age is a daily must-read for an influential audience of decision-makers and disruptors across the marketing and media landscape. Created in 1930 to cover a burgeoning industry with objectivity, accuracy, and fairness, Ad Age continues to be powered by award-winning journalism. Today, Ad Age is a global media brand focusing on curated creativity, data and analysis, people and culture, and innovation and forecasting.   From vital print editions to must-attend events and innovative platform offerings, its industry-leading offerings include the coveted A-List & Creativity Awards, the Ad Age Next Conference, and proprietary data such as the Leading National Advertisers Report from the Ad Age Datacenter.

SOURCE Battery

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LOS ANGELES, July 20, 2018 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and world-renowned greenhouse tomato and cucumber producer, Houweling's Tomatoes, today announced the installation of a new greenhouse thermal curtain system at Houweling's facility in Camarillo, California. The thermal curtain system is designed to reduce heat loss at night, functioning as a thermal barrier between the plants and the roof of the greenhouse, and is estimated to save the grower more than 225,000 therms per year, the equivalent of removing more than 250 cars from California roads. The system also works to reduce the volume of air that requires heating inside the greenhouse, and will provide the customer with approximately $80,000 in annual energy cost savings. The new greenhouse energy efficiency upgrade was purchased in part with a $176,000 rebate check through SoCalGas' Energy Efficiency Rebates for Businesses (EERB) program. To date, the utility has supported Houweling's Tomatoes energy efficiency efforts with more than $725,000 in rebate funding for energy- and cost-saving technologies.

Representatives from Houweling's Tomatoes show SoCalGas leadership the new greenhouse thermal curtain system, designed to reduce heat loss at night, was purchased in part with a $176,000 rebate check through SoCalGas’ Energy Efficiency Rebates for Businesses (EERB) program.
Representatives from Houweling's Tomatoes show SoCalGas leadership the new greenhouse thermal curtain system, designed to reduce heat loss at night, was purchased in part with a $176,000 rebate check through SoCalGas’ Energy Efficiency Rebates for Businesses (EERB) program.

Photos of the facility and the new energy-efficient upgrade are available here.  

"Energy efficiency innovations, like these thermal curtains, help our customers save on energy costs and reduce greenhouse gas emissions linked to climate change," said Rasha Prince, director of commercial and industrial services at SoCalGas. "Houweling's is a true leader in sustainability and partnerships like this can go a long way toward achieving California's climate goals, while supporting great industries and good jobs across the state."

"SoCalGas' energy efficiency rebate programs have been instrumental to the success of our business," said Casey Houweling, owner and chairman of Houweling's Tomatoes. "SoCalGas has been a dedicated partner to Houweling's, not only in helping us move forward with projects we otherwise may not have been able to, but in helping us create the most efficient greenhouse operation in the country."

Through SoCalGas' EERB program, commercial, industrial, and agricultural customers of the utility can apply for energy efficiency rebates on qualifying energy-efficient, natural gas-fired equipment and improvements for the business, like commercial grade dishwashers, ovens, clothes washers, space-heating and other boilers, water heaters, steam traps, and other energy-saving equipment, that help offset a portion of the cost up to $1,000,000 per customer, per year.

SoCalGas has been a long-time energy efficiency partner of Houweling's Tomatoes, working together on many projects. In 2011, the utility helped the greenhouse leader fund the installation of the first-ever cogeneration power system in the United States that uses combined heat and power technology to capture traditionally wasted CO2, heat, and water for use within the greenhouse, while large natural gas-powered engines produce enough electricity to power the full operation and 8,800 local homes. In total, the new 13.2-megawatt system saves Houweling's over 14,000 gallons of water every day, and has diverted more than 21,000 tons of CO2 emissions – the equivalent of taking 4,000 cars off the road – by converting it into fertilizer. 

Energy efficiency programs and rebates are just one way SoCalGas helps business and residential customers keep their energy bills affordable. Since 1990, the utility's energy efficiency and rebate programs have reduced emissions equal to taking almost 700,000 cars off the road and have saved SoCalGas customers more than $670 million in utility bill costs. Moreover, because of energy efficiency measures and new innovative technology, business and homes account for only about 7.5 percent of greenhouse gas emissions statewide, according to the California Air Resources Board. SoCalGas offers more than 90 energy efficiency programs that deliver close to $161 million in annual cost savings directly to its customers.

SoCalGas is a leader in researching and developing new technologies that improve energy efficiency, reduce emissions, and keep bills affordable for customers. The utility is working to increase the production and use of renewable natural gas, or biogas, which turns methane emissions into a source of clean energy to fuel homes and businesses. Decarbonizing natural gas pipelines with renewable natural gas will help California obtain deep greenhouse gas reductions at the lowest overall cost while preserving energy choice for residents and businesses alike. Learn more about the environmental and cost-saving benefits of renewable natural gas by viewing the utility's latest video, Digesting the Facts About Renewable Natural Gas, on SoCalGas' YouTube Channel.

Natural gas is the most affordable, reliable, clean, and increasingly renewable energy choice for home and water heating and cooking in Southern California and is used by more than 90 percent of residents in the region. According to the American Gas Association (AGA), households that use natural gas for water and space heating, cooking and clothes drying save an average of $874 per year compared to homes using electricity for those applications.

About SoCalGas

Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.7 million customers across 22,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants.  

SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. 

SOURCE Southern California Gas Company

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DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) today announced the initial pro-rated quarterly cash distribution of $0.56337 per Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (liquidation preference $25 per Series C unit), which amount is attributable to the partial period from and including the date of original issue. This cash distribution will be paid on August 15, 2018 to preferred unitholders of record as of the close of business on August 1, 2018.

Energy Transfer Partners, L.P. (NYSE: ETP) is a master limited partnership that owns and operates one of the largest and most diversified portfolios of energy assets in the United States. Strategically positioned in all of the major U.S. production basins, ETP owns and operates a geographically diverse portfolio of complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. ETP’s general partner is owned by Energy Transfer Equity, L.P. (NYSE: ETE). For more information, visit the Energy Transfer Partners, L.P. website at energytransfer.com.

This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

This release serves as qualified notice to nominees as provided for under Treasury Regulation section 1.1446-4(b)(4) and (d). Please note that 100 percent of Energy Transfer Partners, L.P.’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Energy Transfer Partners, L.P.’s distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Energy Transfer Partners, L.P., are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

The information contained in this press release is available on our website at energytransfer.com.

DUBLIN, July 20, 2018 /PRNewswire/ --

The "Automotive Paints Market by Type, Resin, Technology, Paint Equipment, Texture, Content, ICE & EVs, Refinish, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The automotive paints market is estimated to be USD 8.74 billion in 2018 and is projected to reach USD 10.65 billion by 2025, at a CAGR of 2.88% from 2018 to 2025.

The demand for automotive paints is driven by the increasing demand for vehicles; whereas, technologies and R&D investments are influenced by government regulations.

However, advancements in automotive safety technologies have resulted in the reduced number of accidents, which, in turn, is a restraint for the automotive refinish paints market.

Waterborne technology is estimated to have the largest share in automotive paints market, by technology

The major advantage of waterborne paint is its low toxicity and flammability due to lower VOC levels. Paints based on this technology have excellent adhesion and greater heat resistance compared to solvent-based paints.

Owing to stringent emission regulations such as Regulation, Evaluation, Authorisation and Restriction of Chemical Substances (REACH), countries in Europe are reducing the use of solvent-borne paints and have shifted towards eco-friendly waterborne paints.

North America and Europe are estimated to showcase the largest usage rate for waterborne paints and are projected to grow at a steady pace over the forecast period.

Developing markets such as India and China are also switching to water-based paints, thus increasing the demand for waterborne paints over the forecast period.

Asia Oceania to dominate the automotive paints market

The automotive industry in the Asia Oceania region has been dynamic over the past few years and has seen an increase in the annual production of passenger and commercial vehicles. As a result, in the recent years, Asia Oceania has emerged as a hub for automobile production.

As compared to the region's substantial population, the vehicle ownership is low, making Asia Oceania an attractive market for global manufacturers. With the increasing vehicle production, the demand for paint will also increase, making increasing vehicle production the single biggest driver of the Asia Oceania automotive paints market.

Currently, due to the lack of strict VOC regulations, the usage of waterborne paints is lower than that in the western countries. This situation, however, is expected to change in the future and the demand for waterborne coating is projected to increase.

These factors combined, Asia Oceania is projected to be the largest automotive paint market over the forecast period.

Key Topics Covered

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.3.1 Markets Covered

1.3.2 Years Considered for the Study

1.4 Currency

1.5 Package Size

1.6 Limitations

1.7 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Secondary Data

2.2.1 Key Secondary Sources

2.3 Primary Data

2.4 Factor Analysis

2.4.1 Introduction

2.4.2 Demand-Side Analysis Increasing Vehicle Production Changing Consumer Preferences Shaping the Refinish Market

2.4.3 Supply-Side Analysis Advancements in Paint Technologies

2.5 Market Size Estimation

2.5.1 Bottom-Up Approach

2.5.2 Top-Down Approach

2.6 Market Breakdown & Data Triangulation

2.7 Assumptions

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Automotive Paints Market (2016-2025)

4.2 Automotive Paints Market, By Paint Type

4.3 Automotive Paints Market, By Technology

4.4 Automotive Paints Market, By Resin Type

4.5 Automotive Paints Market, By Texture

4.6 Automotive Paints Market, By Vehicle Type

4.7 Automotive Paints Market, By Content

4.8 Automotive Paints Market, By Electric & Hybrid Vehicle Type

4.9 Automotive Paints Market, By Region

4.10 Automotive Refinish Paints Market, By Resin Type

4.11 Automotive Paints Market, By Painting Equipment Type

4.12 Automotive Paints Market, By Channel

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers Stringent Emission Regulations and Environmental Concerns for Paint Manufacturing Process to Enhance the Market for Eco-Friendly Paints Increasing Reach of Organized Players in the Refinish Market to Drive the Automotive Refinish Market

5.2.2 Restraints Advancements in Automotive Safety Technologies Reduce Accidents, Thus Restricting the Refinish Market

5.2.3 Opportunity Innovative Paint Technologies to Create Opportunities for Paint Manufacturers Powder Coating to Create New Opportunities Owing to Growth in Demand for Premium and Ultra-Premium Cars

5.2.4 Challenges Reducing Paint Wastage During the Paint Production Rapid Change in Consumer Preferences is A Big Challenge for Automotive Paint Manufacturers

5.2.5 Macro Indicators Introduction Premium Vehicle Sales as A Percentage of Total Sales GDP (USD Billion) GNI Per Capita, Atlas Method (USD) GDP Per Capita PPP (USD)

5.2.6 Us

5.2.7 China

5.2.8 Japan

6 Automotive Paints Market, By Paint Type

Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)

6.1 Introduction

6.2 Electrocoat

6.3 Primer

6.4 Basecoat

6.5 Clearcoat

7 Automotive Paints Market, By Technology

Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)

7.1 Introduction

7.2 Solvent-Borne

7.3 Waterborne

7.4 Powder Coating

8 Automotive Paints Market, By Resin Type

Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)

8.1 Introduction

8.2 Polyurethane

8.3 Epoxy

8.4 Acrylic

8.5 Other Resins

9 Automotive Paints Market, By Texture

Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)

9.1 Introduction

9.2 Solid Texture

9.3 Metallic Texture

9.4 Matte Finish Paints

9.5 Pearlescent Paints

9.6 Solar Reflective Paints

10 Automotive Paints Market, By Content

Note: The Chapter is Segmented By Electrocoat (Water, Resin, Pigments & Addtives), Basecoat (Solventbourne- Petroleum Based Solvent, Resin & Binder, Pigment & Colorant, Silicone Polymenrs & Additives, Waterbourne - Silicone Polymenrs & Additives, Water, Resin & Binder, Petroleum Based Solvent, Pigment & Colorant) and Clearcoat (Solventbourne - Petroleum Based Solvent, Resin & Binder, Pigment & Colorant, Silicone Polymenrs & Additives , Waterbourne - Silicone Polymenrs & Additives, Water, Resin & Binder, Petroleum Based Solvent, Pigment & Colorant)

10.1 Introduction

10.2 Electrocoat, By Content

10.3 Solvent-Borne Paints, By Content

10.4 Waterborne Paints, By Content

11 Automotive Paints Market, By Painting Equipment Type

Note: The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)

11.1 Introduction

11.2 Airless Spray Gun

11.3 Electrostatic Spray Gun

12 Automotive Paints Market, By Vehicle Type

Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)

12.1 Introduction

12.2 Passenger Car

12.3 Light Commercial Vehicle

12.4 Trucks

12.5 Buses

13 Electric & Hybrid Vehicle Paints Market, By Region

Note - The Chapter is Further Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)

13.1 Introduction

13.2 Battery Electric Vehicle (BEV)

13.3 Hybrid Electric Vehicle (HEV)

13.4 Plug-In Hybrid Vehicle (PHEV)

14 Automotive Refinish Paints Market, By Resin Type

Note: The Chapter is Further Segmented By Resin Type and Further It is Segmented at Regional Level (Asia Oceania, Europe, North America, and RoW)

14.1 Introduction

14.2 Polyurethane

14.3 Epoxy

14.4 Acrylic

14.5 Other Resins

15 Automotive Paints Market, By Region

Note: The Chapter is Further Segmented at Country Level and By Paint Type (Electrocoat, Primer, Basecoat and Clearcoat)

15.1 Introduction

15.2 North America

15.2.1 US

15.2.2 Mexico

15.2.3 Canada

15.3 Asia Oceania

15.3.1 China

15.3.2 Japan

15.3.3 South Korea

15.3.4 India

15.3.5 Asia Oceania Others

15.4 Europe

15.4.1 Germany

15.4.2 France

15.4.3 UK

15.4.4 Italy

15.4.5 Spain

15.4.6 Europe Others

15.5 Rest of the World (RoW)

15.5.1 Brazil

15.5.2 Russia

15.5.3 South Africa

15.5.4 RoW Others

16 Competitive Landscape

16.1 Overview

16.2 Automotive Paints: Market Share Analysis

16.2.1 OEM Paint Market

16.2.2 Refinish Paint Market

16.3 Competitive Scenario

16.3.1 Expansions

16.3.2 Supply Contracts

16.3.3 New Product Launches/Developments

16.3.4 Partnerships/Joint Ventures

16.3.5 Mergers/Acquisitions

17 Company Profiles

17.1 PPG

17.2 BASF

17.3 Axalta

17.4 Akzonobel

17.5 Sherwin Williams

17.6 Kansai

17.7 Solvay

17.8 Valspar

17.9 Covestro

17.10 3M

17.11 DOW Chemical

17.12 KCC

17.13 Nippon Paint

For more information about this report visit https://www.researchandmarkets.com/research/rqfrdf/automotive?w=5

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DUBLIN--(BUSINESS WIRE)--The "Fuel Cell Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The global fuel cell market reached a value of more than US$ 4.0 Billion in 2017

A fuel cell refers to an electrochemical cell which converts the chemical energy from a fuel to electricity. The major components of a fuel cell include anode, cathode and electrolyte. Some of the advantages offered by fuel cells are energy-efficiency, high operating time, ease of maintenance, etc. Apart from this, they are environment-friendly in nature as they prevent production of air pollutants or greenhouse gases. Owing to this, they are used to provide power to vehicles like forklifts, automobiles, buses, boats, motorcycles, etc.

Various initiatives and favourable policies by governments supporting the use of sustainable energy substitutes represents one of the major factors catalysing the growth of the global fuel cell market. Moreover, as fuel cells do not require conventional fuels such as oil or gas, it reduces economic dependence on oil producing countries, thereby broadening the growth prospects of the market.

Other growth inducing factors include technological advancements, constant depletion of fossil fuels and rising awareness about the benefits of fuel cells.

Looking forward, the market value is projected to exceed US$ 8.4 Billion by 2023, registering a CAGR of 13.4% during 2018-2023.

Market Summary:

  • Based on the type, the market has been segmented as proton exchange membrane fuel cells, solid oxide fuel cells, molten carbonate fuel cells, direct methanol fuel cells, phosphoric acid fuel cells and others. Proton exchange membrane fuel cells currently account for the highest market share.
  • On the basis of application, stationery represents the largest segment, followed by transportation, portable and others.

The competitive landscape of the market has also been examined with some of the key players being

  • Ballard Power Systems Inc.
  • Bloom Energy Corporation
  • Toshiba Fuel Cell Power Systems Corporation
  • FuelCell Energy Inc
  • Plug Power Inc
  • Nuvera Fuel Cells Inc
  • AFC Energy plc
  • SFC Energy AG
  • Mitsubishi Hitachi Power Systems
  • Ltd.
  • Panasonic Corporation
  • Intelligent Energy Limited
  • Doosan Fuel Cell America Inc.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Fuel Cell Market

6 Market Breakup by Type

7 Market Breakup by Application

8 Market Breakup by Region

9 Fuel Cell Manufacturing Process

10 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/snln6z/8_4_bn_fuel_cell?w=4

SAN ANTONIO--(BUSINESS WIRE)--NuStar GP Holdings, LLC (NYSE: NSH) and NuStar Energy L.P. (NYSE: NS) today announced that the NSH unitholders have approved the merger of NSH with a wholly owned subsidiary of NS. Approximately ninety-eight percent of the NSH units that voted were cast in favor of the merger, representing approximately sixty-five percent of NSH’s total outstanding units as of the record date.

NuStar expects the merger to be completed later today, resulting in NSH unitholders being entitled to receive 0.55 of a common unit representing a limited partner interest in NS (“NS common unit”) in exchange for each NSH unit owned at the effective time of the merger. Cash will be paid to NSH unitholders in accordance with the merger agreement in lieu of any fractional units they otherwise would have been entitled to receive. As a result of the merger completion, units of NSH will cease trading at the close of business today. NS common units will continue to be traded on the NYSE under the ticker “NS.”

“We are pleased that our unitholders voted in favor of approving the merger,” said Brad Barron, president and chief executive officer of NS and NSH. “We have experienced a fundamental shift in the Master Limited Partnership (MLP) sector that required some transformative actions to ensure the long-term financial strength of the company. The decision to simplify our corporate structure and eliminate the incentive distribution rights will lower our cost of capital and allow us to continue to build on the strength of our superior asset base with less dependence on the equity capital markets. It will also create a more efficient and transparent structure and it is a critical step in the implementation of a comprehensive plan launched earlier this year to position NuStar to successfully de-lever and deliver strong, sustainable distribution coverage.”

About NuStar Energy L.P. and NuStar GP Holdings, LLC

NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has more than 9,400 miles of pipeline and 82 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids. The partnership’s combined system has more than 97 million barrels of storage capacity, and NuStar has operations in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, and the United Kingdom. For more information, visit NuStar Energy L.P.’s website at www.nustarenergy.com.

This press release includes “forward-looking statements” as defined by the SEC. All statements, other than statements of historical fact, included herein that address activities, events or developments that NS expects, believes or anticipates will or may occur in the future, including the anticipated benefits and other aspects of the merger, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the possibility that the anticipated benefits from the merger cannot be fully realized, the possibility that costs or difficulties related to integration of the two companies will be greater than expected, and the impact of competition and other risk factors included in the reports filed with the SEC by NS. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, NS does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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Hohhot Co., Ltd. operates a pump-storage plant (PSP) in Inner Mongolia, China, that supplements a wind farm and provides peak demand power, supplemental power capacity when production is reduced, and energy storage for stand-by emergency power and frequency regulation.

The operating conditions of the Hohhot PSP are harsh and required a specific design of pump turbines and motor-generators that includes:

Higher stability while operating over a large head range
Ability to withstand load and thermal cycles due to frequent starts and stops
Higher availability to cope with demand from the grid.


GE installed four reversible, 306 MW Francis pump turbines and motor generator units at the PSP plant, and furnished technical and quality support for the unit equipment.

The motor generator’s upper bracket, rotor spider and stator frame were equipped with patented oblique elements that allow thermal expansion without moving parts, resulting in a maintenance free solution. Since this greatly reduces element fatigue and permits smaller clearances, the generators are more compact, efficient and reliable.

The maintenance-free oblique elements increase generator lifetime and—given their smaller foundation – decrease construction costs.



The PSP entered commercial operation in 2014 and the customer uses the plant to complement their wind farm production, as well as to provide the electrical network with power for peak demand, supplemental power for periods of reduced production, energy storage for emergency power stand-by and frequency regulation.

Courtesy GE Renewable Energy

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