Energy & Offshore

Towngas, IDG Capital collect $5.55b for Zero-carbon fund

Local governments, institutions, and companies can use the fund to devise sustainability solutions.

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.

Towngas profit climbs 34% to $778m

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

HK Electric interim profit rises to $880m

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

Where is Hong Kong now in its carbon neutrality target?

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

Towngas, CATL partner to achieve green zero-carbon industry

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

Canvest, China Carbon Neutral join China’s carbon peaking, neutrality target

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

China Gas profit climbs 14% to $10.48b

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

New emission caps for two Hong Kong power plants imposed

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