Energy & Offshore
Green Tech Fund approves eight projects worth $39m
Local universities and a private enterprise submitted applications.
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.
Daily Briefing: Russia central bank governor says digital currencies are the future; OPEC to boost oil output; IMF and World Bank to prioritize vaccinations
Russia could pilot test the digital rouble next year.
How Hong Kong plans to reach its carbon neutrality target
The government has implemented measures on waste management, energy supply and green building amongst others.
Dairy Farm, CLPe Solutions to develop 1 million kWh solar panel system
The 2,000-solar panel system will be the largest in Hong Kong’s retail sector.
China Gas and China Unicom to launch online gas meter
The new partnership will create a number of new business growth opportunities.
China Gas to partner in hydrogen energy application
The company has signed a cooperation framework agreement with CNOOC Gas and Power Group.
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