Summer weather in Vietnam starts around May, with power consumption peaking in June and July. Temperatures have been high this year, as northern Vietnam reached a record 44.1 C in early May. Hanoi's daily electricity consumption in May averaged about 75 million kilowatt-hours, up 20% from the same month last year. 8 Jun 2023
HANOI (Xinhua): Vietnam's Deputy Minister of Industry and Trade Do Thang Hai has reassured that there would be a sufficient supply of power for production and daily life to the end of 2023 following a shortage recorded in May and June due to hot weather and prolonged droughts, local media has reported.8 Jul 2023
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Summer weather in Vietnam starts around May, with power consumption peaking in June and July. Temperatures have been high this year, as northern Vietnam reached a record 44.1 C in early May. Hanoi's daily electricity consumption in May averaged about 75 million kilowatt-hours, up 20% from the same month last year. 8 Jun 2023
HANOI (Xinhua): Vietnam's Deputy Minister of Industry and Trade Do Thang Hai has reassured that there would be a sufficient supply of power for production and daily life to the end of 2023 following a shortage recorded in May and June due to hot weather and prolonged droughts, local media has reported.8 Jul 2023
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Summer weather in Vietnam starts around May, with power consumption peaking in June and July. Temperatures have been high this year, as northern Vietnam reached a record 44.1 C in early May. Hanoi's daily electricity consumption in May averaged about 75 million kilowatt-hours, up 20% from the same month last year. 8 Jun 2023
Although comprised of various countries that have their own set and proposed goals in place, the European Union as a whole has many notable plans for doing its part. The EU Effort Sharing Regulation applies to sectors in the EU economy that are outside of the EU Emissions Trading System (EU ETS) which is the largest trading system in the world and applies to factories, power stations, airlines within the region, and various installations, accounting for 40% of the greenhouse emissions there. The EU Effort Sharing Regulation, on the other hand, makes up for approximately 60% of emissions in the EU, between agriculture, business, transport, non-ETS industries, and waste.
The ETS proposes, “To achieve a climate-neutral EU by 2050 and the intermediate target of an at least 55% net reduction in greenhouse gas emissions by 2030…”
Malaysia awarded ard 900 MW LSS4 Solar Project in 2021 to 10 Companies , expected completion on 2023 .
This year on 7/8/2023 :
On Monday, the Energy Commission (EC) announced that a total 563.42MW under the CGPP were awarded to 22 solar power producers.
There is still a balance of 236.58MW quota to be awarded out of the 800 MW offered under CGPP, which received a total of 71 applications, according to the EC.
Most of the players secured about 30MW, while a few players secured a smaller capacity in the range of seven to 15MW. It is unclear when the remaining quota of 236.58MW will be awarded.
With reference to the above, the Company is pleased to enclose the press release in conjunction with the successful bid for a 29.99MW solar photovoltaic project under the Corporate Green Power Program by JAKS Solar Power Sdn Bhd, a wholly owned subsidiary of JAKS, together with its consortium partners, Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd.
MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN JAKS POWER SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF JRB, AND ZERO CARBON ENERGY EUROPE GMBH
1. INTRODUCTION The Board of Directors of JRB (“Board”) is pleased to announce that JAKS Power Sdn Bhd (“JAKS Power”), a wholly-owned subsidiary of JRB, had on 25 July 2023, entered into a memorandum of understanding with Zero Carbon Energy Europe GmbH. (the “ZC Energy”), a company incorporated in Germany and having its principal office at Hans-Weigel Str. 18a, 04319 Leipzig, Germany (“MOU”). The MOU shall be non-binding on both parties and is intended to be an outline of the basic principles of the cooperation between the parties and to provide guidelines for the conduct of further negotiations between the parties as to the cooperation content.
>> JAKS Power has intention to participate and will engage in comprehensive cooperation with the project sponsor, ZC Energy on a solar photovoltaic project with an installed capacity of 63.3MW, located around Grosseto and Firenzuola in Tuscany, Italy (“Project”).
ZC Energy, is a company incorporated in Germany in 2023 and having its principal office at Hans-
Weigel Str. 18a, 04319 Leipzig, German. The principal activities of ZC Energy are as follows:-
>> (i) Development and investment in renewable energy such as solar energy, wind energy, hydrogen energy green methanol, synthetic ammonia, etc.;
(ii) Trade in renewable energy products such as solar panels, inverters, storage systems, batteries etc.; and
(iii) Operation and management of photovoltaic systems, wind turbines, hydrogen systems and storage systems.
>>> ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun, each holding 50% of the shares and the Managing Director is Mr. Ji Jian.
It is a company specifically established for Italian projects and is the project sponsor of the current project in Tuscany. Mr. Wang Xue Jun also owns BaySolar AG and Bay Energy Group which has previously developed similar solar projects in Europe ranging from 7.4MW to 163MW.
>>> ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun, each holding 50% of the shares and the Managing Director is Mr. Ji Jian.
It is a company specifically established for Italian projects and is the project sponsor of the current project in Tuscany. Mr. Wang Xue Jun also owns BaySolar AG and Bay Energy Group which has previously developed similar solar projects in Europe ranging from 7.4MW to 163MW.
RI is at 10 cent and warrants EX at 12 cent. With the whopping existing share base of 2.9m shares, do you think know how many more shares to be issued at the pathetic 10 cent? This appears to be a desperate move to lure existing shareholders to subscribe for the RI . The existing shareholders are not no longer fooled into this move.
On the other hand ,the issuance of ESOS at the ex price 45 cent to reward the employees is pathetic too given the current price of RM 0.205 which is far below the ex price mark. Hence , the employees would not exercise the option but to let it lapse.
--------------------- Johnchew5
Hoho PA insiders Gain Return on RI n Warrants : after consolidation 2 into 1 : RI at 10 sen , Warrants EX at 12 sen …
Shl monitor n will have a case study later as is time to reward the employees that ESOS was issued on early 2021 with ex price 45 sen
Rights issue ( RI ) is sought by the cash-strapped Jaks to raise equity funding . Though the Shareholders can subscribe for the new shares at a discount with the rights issue, more shares are issued to the market particularly at the lower market price ( current market price of RM 0.20 if not lower ) causing the shareholdings to be severely diluted and the share price will be likely to go down as a result.
Insider benefited greatly from the RI and PP because insider can just reward themselves with 15% number of share issue (RI and PP so the lowest the price the greater number of share issue the better) as LTIP free grants.
Listing Date 10-Jul-2023 New type/class? No Type Others Details Long Term Incentive Plan - vesting of ordinary shares under Restricted Share Plan - Grant of LTIP No. of shares issued 70,500,000 Issue Price MYR 0.180 Par Value 0.000 Total NOSH 2,289,834,607
Obviously Satanic Accuser Johnny looking for substitute Thai Shan to help his Sith Lord
Sslee
Listing Date 10-Jul-2023 New type/class? No Type Others Details Long Term Incentive Plan - vesting of ordinary shares under Restricted Share Plan - Grant of LTIP No. of shares issued 70,500,000 Issue Price MYR 0.180 Par Value 0.000 Total NOSH 2,289,834,607
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Johnchew5
11,612 posts
Posted by Johnchew5 > 2023-08-19 05:07 | Report Abuse
Summer weather in Vietnam starts around May, with power consumption peaking in June and July. Temperatures have been high this year, as northern Vietnam reached a record 44.1 C in early May. Hanoi's daily electricity consumption in May averaged about 75 million kilowatt-hours, up 20% from the same month last year. 8 Jun 2023
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每周停電4次 電費狂漲 越南外企生產受創
2023年7月24日 4107点阅
責任編輯: 財經小編
(胡誌明市24日訊)越南爆發缺電危機,主要工業區的電力供應連續中斷,當地電子業者表示,每周停電達3到4次,已經嚴重衝擊生產。除了缺電,海防、北寧和同奈等電價也大幅調漲13%至28%,令韓國、歐洲等跨企憂心忡忡,敦促越南解決電力問題。
https://www.chinapress.com.my/?p=3526099