Energy & Offshore
Towngas and HKSTP to establish hydrogen charging system for EVs
Towngas and HKSTP to establish hydrogen charging system for EVs
Five hydrogen electric vehicle charging stations will open in Q2 2026.
Towngas and Foran Energy form JV to boost green methanol production
Each party holds a 50% equity stake.
Gov’t approves eight hydrogen fuel trial projects
These will help power electric vehicles.
Hong Kong urged to mandate disclosure of data centers’ power use
A law that will take effect in August only requires audits every five years.
Link completes HK’s largest private solar generation facility
This covers 53 properties.
Total emissions drop by 25% from peak in 2023
Electricity generation continued to be the major source of emissions.
Gov’t tightens air pollution control with ordinance update
The amended ordinance now includes marine operations under licensing rules.
CLP Power to set up fee-paying EV charging services
Details will be announced through notices at relevant parking lots.
HK to extend Green Finance Capacity Building Support Scheme to 2028
To date, over 5,700 applications have already been approved under the scheme.
Everbright Water’s profit falls 14% in FY 2024
Basic earnings per share stood at $0.06 (HK$0.3564), falling 14% YoY.
Towngas, Chi Shing partner to develop hydrogen power
It aims to focus on hydrogen power generation for construction sites and other applications.
Towngas secures spot in Dow Jones Sustainability Index for third consecutive year
It also achieved an S&P Global ESG Score of 71, up by six points from last year.
Everbright Water to buy electricity from Everbright Greentech Services
Everbright Greentech must supply electricity 181 million kilo-watts per year.
Feed-in Tariff Scheme unlikely to continue beyond 2033
The scheme is set to expire at the end of 2033
Towngas, CPN ink MoU on green methanol distribution
CPN will distribute the fuel supplied by Towngas.
Chief Execuive Lee talks green cooperation with Qinghai governor
Direct flights between Hong Kong and Xining resumed in July.
Towngas net profits down by 16% YoY to $3.04b
Geopolitical tensions and hot weather posed a challenge to the group's business.
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Commentary
Why getting governance and corporate structure right is critical in the Hong Kong regulatory environment