B. Purchaser desires to purchase the Securities at the purchase price and subject to the terms and conditions set forth herein.

(g)     He represents that it has never been guaranteed or warranted to the undersigned by the company, its officers or directors or by any other person, expressly or by implication, that the undersigned will receive any approximate or exact amount of return or other type of consideration, profit or loss as a result of any investment in the Securities; or that the past performance or experience on the part of the Company, any director, officer or any affiliate, will in any way indicate or predict the results of the ownership of Securities or of the overall success of the Company.

(c)     He has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Securities.

Based on the type, the solar street lighting market is segmented into standalone and grid connection. Standalone is anticipated to remain dominant segment during the forecast period. The growth is attributed to rising product implementation across remote areas and off-grid. Streetlight infrastructure in remote areas coupled with the high cost makes these products an alternative choice. Such factors are expected to drive the market growth over the forecast timeframe.

The Company’s management has reviewed the Company’s tax positions and determined there were no outstanding, or retroactive tax positions with less than a 50% likelihood of being sustained upon examination by the taxing authorities, therefore the implementation of this standard has not had a material effect on the Company.

Yes, I have a physics degree and I’ve studied PV and I use the NASA stats. Watts is what we’re talking about – It’s always direct, otherwise it wouldn’t make sense. Direct sun generally accepted to be very close to 1 kW per square metre at the earth’s surface. 1 kW per square metre directly on the glass produces 30W per square metre. Which would be 3% efficiency, which is about what you would expect for such technology, where the light is very indirect. If you have a huge area of glass (like a high rise office) and a good price, it could be worth doing, considering the other benefits as well.

A general trend identified by Tralau is the shrinking size of LED luminaires. Each generation is smaller than the one before, she said, with the benefit of reduced materials. LED lighting also offers the benefit of being able to spread the light when leveraging specific optics.

I also like their high transparency for visible over the UV and IR. So, the performance as glass (good light, low heat transmission) would be excellent, too.

Hydropower plants having capacity of more than 25MW are not considered renewable energy projects and therefore the administrative ministry dealing with such projects is MOP and not MNRE. Owing to the key risks and issues such as deforestation and resettlement, these large-scale hydro projects have a limited private sector participation (restricted to 7.47 per cent of the total participation in the sector). However, small-scale hydropower projects (less than 25MW installed capacity) have the potential to meet the power requirements of remote and isolated areas and have seen increased private sector participation mainly owing to their long useful life and low generation cost. The MNRE has been vested with the responsibility of developing micro (up to 0.1MW), mini (0.101MW to 2MW) and small (2.001MW to 25MW) hydropower projects. Most of the potential from small hydropower projects is in Himalayan areas as river-based projects and in other areas as irrigation canals. Apart from the conventional dams and pumped storage projects, off-grid water mills are prevalent in hilly areas.

Under the Electricity Act, generation of energy is a delicensed activity. Prior to the construction of a project, certain site-specific approvals may be required (if applicable) such as forest clearance and approvals from defence establishments, the Airports Authority of India and the Archaeological Survey of India.

Deferred tax assets arising as a result of net operation loss carry forwards have been offset completely by a valuation allowance due to the uncertainty of their utilization in future periods.

• Happy Returns, a Santa Monica-based provider of return and logistics solutions, raised funding through a strategic investment from PayPal as part of an $11 million round.