Daily Archives: March 12, 2018

Risen Energy lance un plan d’expansion de ses capacités d’un montant de dix milliards de yuans

NINGBO, Chine, 12 mars 2018 /PRNewswire/ — Pour faire face à la croissance spectaculaire que connaît le secteur photovoltaïque, Risen Energy Co., Ltd., fabricant de modules PV dont les actions de catégorie A sont cotées en bourse et entreprise à la pointe de son secteur en Chine, a annoncé le 5 décembre 2017 qu’elle avait signé un accord avec le gouvernement du district de Jintan, Changzhou, province du Jiangsu, pour investir huit milliards de yuans dans la construction d’une usine de fabrication de cellules photovoltaïques 5 GW et de modules photovoltaïques 5 GW dans la région. Le 22 février dernier, l’entreprise a annoncé la signature d’un accord-cadre avec Yiwu Information and Optoelectronics High-Tech Industrial Park, portant sur un investissement dans un site de fabrication de modules et de cellules photovoltaïques 5 GW. Si l’on ajoute à cela les 200 millions de yuans investis dans une ligne de production située à Ruicheng, dans la province du Shanxi, qui fabrique 30 000 tonnes d’équipements de protection individuelle destinés à l’installation et l’entretien des modules PV, l’investissement total de Risen Energy s’élève à plus de 10 milliards de yuans.

Les fabricants de modules photovoltaïques réalisent qu’ils ont besoin d’améliorer rapidement leurs technologies et la capacité de leurs équipements. Leur croissance soutenue a donné un élan à l’agrandissement accéléré des capacités. Les prévisions sur les performances de 2017, récemment annoncées par Risen Energy, indiquent que le chiffre d’affaires sur l’exercice en question devrait franchir la barre des 10 milliards de yuans, tandis que le bénéfice net attribuable aux actionnaires (hors gains et pertes non-récurrents) se situe entre 645 et 705 millions de yuans, soit une augmentation qui oscille entre 25,5 et 37,19 %.

Risen Energy a commencé à poursuivre son plan d’expansion de ses capacités, tout en optimisant le contrôle des risques potentiels. L’entreprise entend bien former une équipe de professionnels qualifiés, construire des centres de recherche en technologies à la pointe du secteur, renforcer les efforts de collaboration entre experts chinois et étrangers, développer et maîtriser de nouveaux processus, appliquer de nouvelles technologies et développer de nouveaux produits, gérer les droits de propriété intellectuelle, sans oublier d’améliorer constamment la compétitivité nécessaire pour faire face aux différents risques techniques.

« Dans un secteur où une rigoureuse rivalité est de mise, seul le travailleur le plus acharné peut remporter la palme », a déclaré Wang Hong, président de Risen Energy. « Dans une période où notre démarche visant à accélérer notre transformation industrielle est fondamentale, nous devons accroître nos investissements en R & D, améliorer continuellement le rapport coût-performance de nos produits, renforcer les contrôles des coûts, différencier davantage nos produits et fournir à nos clients des services à valeur ajoutée, afin de maintenir l’avantage concurrentiel de nos produits. Parallèlement à cela, nous devons toujours être prêts à explorer dynamiquement de nouveaux marchés pour contribuer, en tant qu’acteur industriel incontournable en Chine, à l’optimisation de la structure de l’ensemble du secteur à l’échelle mondiale. »

Risen Energy Initiates Ten Billion-Yuan Capacity Expansion Plan

NINGBO, China, March 12, 2018 /PRNewswire/ — In response to the massive growth taking place across the PV sector, on December 5, 2017, A-share market-listed PV module producer and China industry leader Risen Energy Co., Ltd. announced that the company has signed an agreement with the government of Jintan district, Changzhou, Jiangsu province, to invest 8 billion yuan in building 5GW solar cell and 5GW PV module manufacturing facilities in the area. On February 22, the company announced that it signed a framework agreement with Yiwu Information and Optoelectronics High-Tech Industrial Park on an investment in a 5GW solar cell module manufacturing base. Along with a 200 million-yuan, 30,000-ton PPE modification and PV module production line in Ruicheng, Shanxi province, Risen Energy’s total investment has exceeded 10 billion yuan.

PV module makers are realizing they need to rapidly improve their technologies and equipment capacity. Their steady growth gave impetus to the accelerated capacity expansion. Risen Energy’s recently announced 2017 performance forecast shows revenue for the fiscal year is expected to break the 10 billion-yuan mark, while net profit attributable to shareholders (excluding non-recurring gains and losses) is in the 645-705 million yuan range, up 25.5-37.19%.

Risen Energy has begun pushing ahead with its capacity expansion plan, while maximizing control of underlying risks. The firm plans to bring together a team of qualified professionals, build high-profile technology research centers, strengthen collaborative efforts between Chinese and foreign experts, develop and master new processes, apply new technologies and develop new products, manage intellectual property rights, while constantly enhancing core competitiveness to address various technical risks.

“Among many boats vying to overtake one another, only the most hard-working one can be the winner,” said Risen Energy president Wang Hong. “In a period that is key to us in our move to accelerate our industrial transformation, we must increase our investment in R&D, continuously improve the cost performance of our products, strengthen cost controls, further differentiate our products, and provide customers with value-added services, to maintain our products’ competitive advantage. At the same time, we must always be prepared, and actively explore new markets, to, in our role as one of China’s leading industry player, contribute to the optimization of the structure of the entire sector at a global level.”

2018 YPO EDGE Delivers Innovative and Transformative Global Idea Exchange

Business leaders from more than 130 countries focus on defying convention

SINGAPORE, March 12, 2018 (GLOBE NEWSWIRE) — YPO, the premier global leadership organization of chief executives, hosted more than 2,800 business leaders from more than 130 countries at the 2018 YPO EDGE, its flagship event in Singapore this month. YPO business leaders gathered with world-renowned thought leaders and innovators to address key issues in business, politics, science, philanthropy and humanities.

Chief executives from different industries learned about unique groundbreaking approaches to challenges and opportunities in business and beyond from world leaders, philanthropists and business legends, including:

  • Lee Hsien Loong, Prime Minister of Singapore
  • Orit Gadiesh, Chairman, Bain and Company
  • Victor Fung, Ph.D., Chairman, Fung Group; Honorary Chairman, Li and Fung LTD
  • Rahul Gandhi, MP, President of the Indian National Congress
  • Datin Paduka Marina Mahathir, Author and Activist
  • Yoshi Hori, President of GLOBIS University and Managing Partner of GLOBIS Capital Partners
  • Billie Jean King, Founder of Billie Jean King Leadership Initiative and former World No.1 tennis player

“As one of Asia’s fastest-growing cities, Singapore is not only recognized as a world-class destination but admired around the world for its growth and evolution, making Singapore an ideal host city for the 2018 YPO EDGE, the world’s largest gathering of chief executives,” said Scott Mordell, CEO of YPO. “The YPO EDGE encouraged participants to alter their paradigms to deliver significant impact within the global community in the form of economic opportunity, sustainable environmental change and compassionate leadership.”

Other speakers, including Michael Fertik, CEO of Reputation.com; Mark McDonald, Co-Founder of Appster; Maura O’Neill, Ph.D., Faculty Director of UC Berkeley Executive Education and Former Chief Innovation Officer of USAID; and Pattie Sellers, Co-Founder of SellersEaston Media and Former Assistant Managing Editor of “Fortune,” inspired YPO leaders to take new risks as they shared their breakthroughs in reputation and brand management, humanitarian leadership, innovative technology and more.

“The 2018 EDGE is designed to challenge business leaders from around the world to defy convention, achieve the extraordinary and enrich their personal leadership,” said N.K. Tong, 2018 YPO EDGE Chair. “Now, 2,800 global business leaders will return to their home countries ready to make a difference and transform lives.”

The 2018 YPO EDGE marks the second time Singapore has hosted this signature YPO leadership gathering.

“The YPO Singapore chapter and its members were honored to welcome our peers from across the globe for the YPO EDGE,” said Terry O’Connor, 2018 Host City Chair. “As a regional hub, Singapore is the heart of the regional economy, and the EDGE was the perfect event to showcase the culture, diversity and areas of opportunity in Singapore and Southeast Asia to business leaders and young entrepreneurs.”

Past EDGE events have been held in Vancouver, Dubai, Melbourne, Los Angeles, Istanbul, Singapore, Barcelona, Miami, Sydney, Toronto, and other major cities. Speakers at previous YPO EDGE events include Canadian Prime Minister Justin Trudeau; Sir Richard Branson, founder and chairman of the Virgin Group; Muhtar Kent, chairman and CEO of the Coca-Cola Company; Malala Yousafzai, Nobel Peace Prize laureate; and Archbishop Desmond Mpilo Tutu, Nobel Peace Prize laureate.

The 2019 YPO EDGE is slated for Cape Town, South Africa.

About YPO
The premier leadership organization of chief executives in the world.

YPO is the global platform for chief executives to engage, learn and grow. YPO members harness the knowledge, influence and trust of the world’s most influential and innovative business leaders to inspire business, personal, family and community impact.

Today, YPO empowers more than 25,000 members in more than 130 countries, diversified among industries and types of businesses. Altogether, YPO member-run companies employ more than 16 million people and generate USD6 trillion in annual revenues.

Leadership. Learning. Lifelong. For more information, visit YPO.org.

Contact:
YPO
Linda Fisk
Office: +1 972 629 7305 (United States)
Mobile: +1 972 207 4298
press@ypo.org

MECs Donald Grant and Debbie SchA�fer visit Kraaifontein high school site, 13 Mar

Minister Grant and Minister SchA�fer to visit site of brand new Kraaifontein high school

Tomorrow, Tuesday 13th March 2018, MEC of Transport and Public Works, Donald Grant, and MEC of Education, Debbie SchA�fer, will be visiting the site of the brand new Kraaifontein High School in Blue Downs. The school is currently under construction, and will be completed later this year.

The new school comprises 30 standard classrooms and six specialist classrooms, including two multipurpose classrooms, two science laboratories, a multi media centre, and a computer laboratory.

This new High School is expected to address the identified need for a new secondary school on the Kraaifontein area.

Tomorrow, MECs Grant and SchA�fer will conduct an oversight visit of the brand new school building.

All media are invited and welcome to attend. There will be an opportunity for interviews and photographs.

Source: Government of South Africa

Ethiopian Town on Edge After Security Forces Kill, Injure Unarmed Residents

A town on Ethiopia’s border with Kenya is on edge after Ethiopian security forces shot and killed 10 people and injured 11 others Saturday, the mayor said.

Residents of Moyale, along with the Command Post, the military unit overseeing a recently enacted state of emergency, confirmed the casualties in the southernmost part of Oromia, a region gripped in recent years by protests and government crackdowns.

By most accounts, the attack was sudden and unprovoked. Armed security forces began shooting Moyale residents in the streets and in shops and restaurants, killing and injuring apparently innocent people, most of whom were in their 20s.

Moyale’s mayor, Aschalew Yohannes, described how the attack began. A young man was on his motorbike, and security forces stopped him and shot him, Yohannes said. After that, they were shooting at everyone in the town. What we have confirmed so far is that there are 10 people killed and 11 people injured, and of those five have gone to Hawasa, he said, referring to a town more than 400 kilometers (249 miles) north of Moyale.

It isn’t clear why Golo Waqo, the man on the motorbike, was stopped and shot. He may have been participating in a peaceful protest, according to Yohannes. After killing Waqo, the security forces continued shooting people in the busy district.

This happened in the streets of the town, and there were residential houses and cafes, and this was a place where the people were normally going about their lives.

‘Like an enemy chasing us’

Tamam Nageso, the principal of a school in the area, was returning home for lunch when the attack unfolded. The 34-year-old husband and father of one had just completed a morning of parent-teacher meetings at the school.

The award-winning educator was walking home when a bullet struck his leg. He fell down but managed to get back up to run for safety.

The bullets kept flying, and Nageso was shot twice more. He died in the street.

This is like an enemy chasing us. There’s no one to hold them to account, and we can only pray to God, a friend of Nageso told VOA Amharic by phone. We have lost a friend whom we really loved, and from now on we expect the same for us.

Unprovoked

Residents say the attack was unprompted, and the victims were simply going about their daily lives.

There is a church around here, Abune Aregawi, and there are shops, residential places and restaurants, one resident told VOA by phone.

The woman said most of those killed were young, but two elderly people also died. The victims came from different ethnic groups and were going to and from work and carrying out their days in the Shewaber district, she added.

I don’t know how they view us, but this seems like they were taking some sort of revenge, she said. We don’t know how to live, and we are so confused. All we can say is may God help us. That’s all I can say, nothing more.

Wrong information

The Ethiopian government has characterized the attack as a mistake due to bad intelligence.

Soldiers received a dispatch about possible activity involving the Oromo Liberation Front (OLF), according to General Hassan Ibrahim, who spoke to FANA, a state-owned broadcaster. OLF is a militant opposition group that wants the current government, which considers OLF a terrorist organization, removed from power.

It was based on that dispatch, the general said, that soldiers began attacking people in Moyale. At a press conference for local journalists, a Command Post official confirmed that security forces had killed nine people in the town and injured 12 others. After the briefing, one injured person later died.

Yohannes, the mayor, found the purported mistake implausible. It is known that OLF sometimes makes some movements through the Kenya border in the past, but there is nothing that connects this incident with OLF, Yohannes told VOA Amharic.

The Command Post expressed deep regret for the attack and said it is investigating five people, including the person in charge of the security forces believed to be responsible for his incident.

Yohannes said the Command Post and local security forces aren’t in close contact, making it difficult to get answers. He called for a meeting to ensure voices from his community are heard and has lodged complaints at every level of government.

As the mayor of this town, I would say that this should never happen to enemies, let alone citizens. This has to be improved totally that’s what I believe. And the people are scared now due to what happened, so it is a really difficult situation, he said.

VOA’s calls to government officials were not returned.

Calls for accountability

Yared Hailemariam, the executive director of the Swiss-based Association for Human Rights in Ethiopia, criticized the government’s response.

Hailemariam said the incident in Moyale reflects the free rein given to security forces. Asking for forgiveness and investigating those directly responsible aren’t enough, he said.

They should hold to account not just the four to five people who are part of the security forces, but the authorities on top at the federal level leading the Command Post should be questioned, he told VOA Amharic.

Displacement

Multiple sources told VOA that the attack resulted in large-scale displacements, with residents in fear of their lives fleeing over the border into Kenya.

One man who crossed into Kenya told VOA Amharic that he thought 2,000 people were staying in the area and said that most of the displaced people are children and women.

Another resident who fled has 13 children.

Because security forces barged into our homes, opening the doors by force, and we didn’t even have time to ask what the problem is, I was scared and left without shutting the door, she told VOA. I am spending the night where I can, but I have nothing to feed my children.

The government declared a state of emergency on February 16 to stabilize the country following continued protests and unrest.

Source: Voice of America