Financially speaking, the huge penetration of solar rooftop systems into the power mix could enable the increase of the average distribution selling price set by EVN that is VND1,864.44 per kWh excluding VAT, according to Decision No.648/QD-BCT dated March 2019 on adjusting average retail price of electricity and regulating price of electricity. The price was set before the original FiT deadline in 2019. … [Read more...] about Booming solar power: signal for worry or delight?
Wind power development
Hanoi (VNA) - Vietnam’s electricity transmission output hit more than 203.8 billion kWh in 2020, fulfilling the plan set by Electricity of Vietnam (EVN) and representing a year-on-year increase of 2 percent, according to General Director of the Electricity of Vietnam National Power Transmission Corporation (EVNNPT) Pham Le Phu. The company worked hard to safely operate the power transmission system without interruption, contributing to ensuring sufficient supply for the country’s socio-economic development, Phu told a recent conference to review the EVNNPT’s performance in 2020 and set out tasks for 2021. It transmitted 910.5 billion kWh of electricity in the 2016-2020 period, Phu said, with yearly average growth standing at 9.7 percent. He also touched on the difficulties facing the corporation in cutting power loss last year, saying that the loss in the transmission grid stood at 2.23 percent, up 0.08 percent compared to 2019. Addressing the … [Read more...] about Power transmission output up 2 percent in 2020
Furthermore, Anthony McGonigle, the center's chief instructor and one of the brothers from Ireland's most famous watchmaking family, compiled the syllabus, which encompasses lessons on the history and culture of watchmaking, as well as benchwork, including machining, micro-mechanics, and production of components like the winding stem and balance staff etc. The center also focuses on traditional artisanal skills like decoration and turning. … [Read more...] about Chen Zhi and Prince Group Bring the Art of Swiss Watchmaking to Cambodia
The truth is, no matter how you feel about the American Shale Revolution, Africans can learn from it. One of the reasons it succeeded is because you had small businesses willing to take a chance on new technology. They worked hard, and in the end, they boosted production. America became the largest crude oil producer in the world. Those companies made something extraordinary happen, and so can African businesses. We need more entrepreneurs willing to seize opportunities and, in some cases, make mistakes. That's how we grow and learn. We need government leaders to do their part by creating a welcoming environment for foreign investors and establishing local content policies that result in opportunities for business partnerships, quality jobs, and learning opportunities for Africans. … [Read more...] about African Energy Chamber: African Lives Matter, Too. Energy Policy Decisions Should Consider Their Needs
The important point is that the draft has emphasised the core role and important contribution of foreign affairs to the cause of national construction and defence and national development, affirming for the first time the "pioneering role" of foreign affairs towards three basic goals: creating and maintaining a peaceful and stable environment, urging external resources for national development, and improving the status and prestige of the country. … [Read more...] about Diplomacy helps raise Việt Nam’s position in international arena: veteran diplomat