Energy & Offshore

An energy expert says Hong Kong has secured energy from nuclear to gas-fired power.

The city is the top pick in Asia, but its gap with Singapore is narrowing.

Local universities and a private enterprise submitted applications.

This is coming from an RMB42.7 m net loss in the same period last year. 

Its revenue and other income amounted to RMB839m (US$129.68m) during the period.

The group reported a $415.68m profit growth in the same period last year.

This was driven by the economic recovery in Mainland China.

It saw a sharp increase in demand as the COVID-19 situation was taken under control in China.

The company recorded $811m over the same period in 2020.

The city is now implementing several abatement measures as it aims to be carbon neutral by 2050.

This is in line with China’s dual carbon goals.

The companies have partnered to help reach peak carbon emissions by 2030 and carbon neutrality by 2060.

This was driven by the gradual recovery of China’s economy.

The new threshold applies to Hong Kong Electric and CLP Power Hong Kong.

Russia could pilot test the digital rouble next year.

The government has implemented measures on waste management, energy supply and green building amongst others.