Energy & Offshore
Mitsubishi Power to manufacture Lamma Power Station's GTCC equipment
Mitsubishi Power to manufacture Lamma Power Station's GTCC equipment
The new unit is expected to begin operation in early 2029.
Government extends Green and Sustainable Finance Grant Scheme to 2027
It has so far provided subsidies worth $134m under the scheme.
GHG emissions tools launched in HK
These tools will assist SME and financial firms in the city with sustainability reporting.
Henderson Land, Towngas mull collaboration on smart energy solutions with Saudi Aramco
The parties are already exploring potential international collaborative model in areas such as biofuels.
HKEX, China Beijing Green Exchange sign MOU on green initiatives
Promoting sustainable finance will be one of the agreement’s focuses.
Hong Kong sets aside US$30b for decarbonisation initiatives
Its goal is to achieve carbon neutrality before 2050.
Towngas installs governor kiosks with IoT and solar energy
The kiosks, now known as smart governors, will be doubled to 200 next year.
Fuel clause charge for September to decline 10.5%: HK Electric
The FCC has been declining since June 2023.
Towngas, IDG Capital collect $5.55b for Zero-carbon fund
Local governments, institutions, and companies can use the fund to devise sustainability solutions.
Hang Lung installs more EV charging stations
The charging stations are located in its properties in Hong Kong Island and Kowloon.
Why is Hong Kong robust in the energy war?
An energy expert says Hong Kong has secured energy from nuclear to gas-fired power.
Hong Kong is world’s second most attractive energy market for foreign direct investments
The city is the top pick in Asia, but its gap with Singapore is narrowing.
Green Tech Fund approves eight projects worth $39m
Local universities and a private enterprise submitted applications.
Solargiga Energy records RMB120m profit in H1 2021
This is coming from an RMB42.7 m net loss in the same period last year.
AAG Energy profit climbs over 21% to US$58.89m in H1
Its revenue and other income amounted to RMB839m (US$129.68m) during the period.
Canvest records 36.4% profit growth to $616.1m in H1
The group reported a $415.68m profit growth in the same period last year.
Towngas profit up over 57% to $4.2b in H1
This was driven by the economic recovery in Mainland China.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong