Monthly Archives: February 2016

Risen Energy Announces Full Year 2015 Results

NINGBO, China, Feb. 29, 2016 /PRNewswire/ — Risen Energy Co., Ltd, a public limited company organised under the laws of the People’s Republic of China, listed on the Shenzhen stock market, and a tier 1, “AAA” credit rated integrated manufacturer of high-performance solar photovoltaic products and provider of total business solutions, today announced its annual report for the year ending December 31, 2015.

Full Year 2015 Financial and Operation Headlines

  • Sales revenue of 5.26 billion RMB, an increase of 78% from 2014
  • Net Income of 320 million RMB, an increase of 382% from 2014
  • Shipments grow to 1246 MWp of solar PV modules and 547 MWp of EPC, BOT and BT solar project installations

The Company continues to demonstrate that their historic prudent financial management is now delivering unequivocal financial benefit to strategic partners, EPC project owners, the Company’s own projects and a minimal spot market on an international basis. With regionalised sales and service support structure, in place and expanding, end users are assured of detailed provision of techno-commercial solutions.

Ultramodern highly automated manufacturing infrastructure for cell and module production of 2600 MWp capacity at the end of 2015 which will be increased to 3100 MWp during 2016.

Investment in R&D delivers solar PV cells with efficiencies of 19%+ for polycrystalline and 20%+ for monocrystalline, as well as solar PV modules with the lowest temperature coefficient of power within the industry.

Risen’s Group diverse and supporting portfolio of products and services encompasses further segments and industries, covering the 2nd largest producer of Ethylene Vinyl Acetate (EVA) under the brand of Sveck, LED lighting solutions under the brand of Twinsell, financial services under the brand of Sunallies, an International Real Estate business, and an EPC services organisation, ensure that Risen’s financial sensitivity is diluted and not subject to an individual markets whims, with a net effect of long term viability being a pronounced asset for customers and their long term servicing needs.

Clearly the year ahead will prove remarkable as the Company continues to expand from its own cash generation. The guidance for Q1 2016 with a net income prediction of between 160 and 170 million RMB epitomises and re-iterates the growth is managed with long term sustainability as its core objective.

About Risen Energy Co., Ltd

Risen Energy Co., Ltd is a leading, global, tier 1, “AAA” credit rated manufacturer of high-performance solar photovoltaic products and provider of total business solutions for residential, commercial and utility-scale power generation. The Company, founded in 2002 and publicly listed in 2010, compels value generation for its chosen global customers. Techno-commercial innovation, underpinned by consummate quality and support, encircle Risen Energy’s total Solar PV business solutions which are among the most powerful and cost effective in the industry. With local market presence, and strong financial bankability status, we are committed, and able, to building strategic, mutually beneficial collaborations with our partners, as together we capitalise on the rising value of green energy.

TRANSFORMATION IN SOUTH AFRICAN VARSITIES WON’T HAPPEN OVERNIGHT, SAYS MINISTER

By Thabile Mbhele

PRETORIA, South African Higher Education and Training Minister Blade Nzimande has called for the re-opening of the University of Pretoria following violent demonstrations at the institution in recent weeks.

Nzimande met with university management and students here Sunday to plead with them to resume with their academic programme while they continue to engage on thorny issues troubling the university, including the issue of using Afrikaans as a medium of instruction.

Nzimande said if the issue of language was not addressed immediately, it could lead to a racial confrontation at the university.

“In some of these institutions you could easily have racial confrontation. We must be careful that in the manner in which we treat the problems that are facing us, we don’t allow deterioration where we see expressions of racism as well as white anti-chauvinism. We must condemn both those things,” said Nzimande.

Stressing that he does not run the 26 public universities in the country on a daily basis, he added that they must each deal with their own challenges. Nzimande said students should express their frustrations through dialogue with the management and not through violence.

“If we are not careful, we can collapse our education system. I don’t like to see the police or security on campus but also we must not have criminality,” he said.

Nzimande called on students to go back to class and accept that the changes they are calling for will not happen overnight. Transformation is not going to be an overnight thing, no matter how much they wish for it, he added.

“We want curriculum transformation; it’s not going be an overnight thing. Do we have enough lecturers to understand what we need. Isn’t part of curriculum transformation also the production of a more diverse professorate in this country in terms of race and gender?”

The opposition political party, Economic Freedom Fighters (EFF), wing, the Student Command, stormed out of the meeting with Nzimande and university management. They vowed that the University of Pretoria will not re-open.

Nzimande says the EFF came into the meeting with a different a political agenda anyway. “I am not surprised because for them it’s more of a different political agenda. I will be honest with that and they need not do that because they must not gamble with the future of our young people,” he added.

“This is the future of our youth and the future of our economy and the future of our country in terms of providing skills and changing lives. So it’s unfortunate, I hope at some stage they will see the light.” –

SOURCE:SABC

Young researchers impacting the science environment

Diabetes, genetics and micro-vinification were a few of the research topics covered by participants in the Department of Science and Technology (DST)-National Research Foundation (NRF) internship programme.

Over 700 interns countrywide recently completed this dynamic programme, which allowed them to conduct research in their fields at such leading institutions as the Medical Research Council, the University of Fort Hare and the Agricultural Research Council.

The DST-NRF internship programme is aimed at building research capacity and improving development and innovation skills for the country.

The internship programme offers young graduates exposure to research projects a critical part of developing the science, technology and innovation expertise needed to grow South Africa’s economy.

Since 2005/06, the DST-NRF programme has supported a total of 2 821 interns. Of these, 1 210 (42%) secured employment during or immediately after the internship year. A further 753 (26% of the 2 821 interns) have gone on to study further with bursary support from the NRF.

A ceremony for interns completing the programme took place in Gauteng last week. At a second ceremony, held in Cape Town today, Deputy Director-General: Research Development and Support, Thomas Auf der Heyde, said that the number of published research papers produced by South Africans had increased dramatically since 2003.

Dr Auf der Heyde said the impact of these papers was significant, with citations higher than the global average. South African publications in environmental science and ecology, astronomy and astrophysics, and social sciences were much cited.

Dr Auf der Heyde urged the interns, who are at various postgraduate levels, to make use of the many exciting research opportunities South Africa offered in fields such as astronomy, marine and Antarctic sciences, palaeosciences, climate change, titanium beneficiation and Earth observation, to mention but a few.

He said that government continued to invest heavily in education and training to ensure that the country produced the knowledge workers it needed.

Interns presented their research on topics ranging from Parkinson’s disease and high blood pressure to information and communication technologies.

Kgothatso Letswaki, who spent her internship at the Medical Research Council, conducted research into how plants such as Honeybush and Rooibos could be used to protect pancreatic B-cells against diabetic stressors. In her presentation she said that the global prevalence of type 2 diabetes was increasing at an alarming rate, with the figures in Africa showing the most rapid increase. She said that the figures for 2015 showed that 415 million were reported to have diabetes globally and projections showed that by 2040 that figure would jump to more than 640 million people.

Siliziwe Matolengwe focused on using ICTs for marketing agricultural products, specifically in the case of Qamata irrigation scheme farmers in the Eastern Cape. She said her research found that farmers in the region were over 40 and had not been exposed to new ICT technology, or were not ready to use it. Ms Matolengwe said that this meant that their farming methods were not being modernised.

The NRF believes that these young researchers display what is needed to develop the high-level research and innovation capacity that will make South Africa internationally competitive. The NRF’s CEO, Dr Molapo Qhobela, said that young people with enquiring minds were needed to push boundaries, question the status quo and unlock dormant solutions.

The DST-NRF Internship Programme is intended to nurture and to guide such minds by giving recently qualified graduates and postgraduates work experience to increase their chances of employment in South Africa’s vibrant research and development environment.

The DST-NRF interns will help us achieve the national goal of an equitable growth path that includes sustainable livelihoods, the provision of education and health care, and safe and secure communities.

SOURCE: Department of Science and Technology Republic Of South Africa

Making a difference in learners’ lives

Ntombozuko Mkizwana’s desire to inspire and teach learners, who come from disadvantaged communities, to be fluent in English has kept her motivated for the past 18 years.

On Saturday, the Department of Basic Education recognised the Eastern Cape teacher for her commitment to the profession as she received an Excellence in Secondary School Teaching Award.

Mkizwana couldn’t contain her excitement. She was close to tears when she reflected how far she had come in life.

“When you are poor, you never know that you will make it in life. When you are the product of a widow, you never think that you will get educated,” she said.

Mkizwana chose to be a teacher because she saw that many learners who were gifted in her community struggled to find jobs.

“They would pass Grade12 but find that they could not make it in the world because they could not market themselves. English was that barrier,” she said.

The Mandela School of Science and Technology Secondary teacher uses drama, dance, debate and public speaking when she teaches her learners.

Under her leadership, the schools she has taught in have won many competitions for the activities that she uses to keep learners engaged.

She has vast experience as she has taught all phases of basic education.

“I have been exposed to different cognitive levels of children and I learnt that it’s easier to teach children at intermediate phase than learners in the senior phase,” Mkizwana said.

The 16th National Teaching Awards were held at the Gallagher Convention Centre in Midrand.

Through the National Teaching Awards, the Department of Basic Education acknowledges the extraordinary efforts of teachers, often achieved under very difficult conditions, in service to children from underprivileged families and economically depressed communities.

Sphiwe Sibanyoni of Iketsetseng Comprehensive Secondary School in the Free State was awarded the Excellence in Teaching Natural Sciences Award.

The 27-year-old man has been teaching for four years. He holds a BSc in Microbiology from the University of Pretoria and a Post Graduate Certificate in Education specialising in FET Phase Science.

The young man, who previously worked as a microbiologist, said he was bitten by the teaching bug when he was teaching Saturday classes at school.

“I love this more than anything. I love learners. I love teaching science. This is going to be very important as we need highly skilled science teachers in the country,” Sibanyoni said.

He said before he starts his lessons, he motivates his learners and encourages them to work hard in school.

Sibanyoni participates in an internet broadcast project that allows him to make use of videos and to stream live science demonstrations directly to his classroom.

SOURCE: SOUTH AFRICAN GOVERNMENT NEWS AGENCY