Energy & Offshore

Towngas net profits down by 16% YoY to $3.04b

Geopolitical tensions and hot weather posed a challenge to the group's business.

CLP Power partners with Creative Property to promote low-carbon living

The partnership will encourage a low-carbon lifestyle for residents. 

Towngas backs energy sector with global internship programme

Currently, Towngas has provided internship opportunities to 60 students.

Gaw Capital partners with CLP Power for sustainability initiatives

CLP Power will develop energy management solutions for Gaw Capital's properties.

CLPe to install 2,000 bifacial solar panels on CityUHK buildings

The panels generate about 10% more electricity than traditional ones.

Towngas backs i2Cool to boost product development and expansion

i2Cool’s products are being used in over 100 projects worldwide.

CLP Power and AirTrunk launch Largest REC procurement for Microsoft

This will support Microsoft’s full RE target by 2025.

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.