CLP Power Hong Kong Limited

This is a first by a Hong Kong commercial corporate entity.

The report will be submitted within 12 months. 

It will also provide power subsidies to underprivileged people.

An energy expert says Hong Kong has secured energy from nuclear to gas-fired power.

It is backed by the CLP Community Energy Saving Fund with HK$2m support.

Since 2020, it has increased its gas-fired power generation proportion to around 50% to make up for the coal-fired generation to be phased out.

The new rates took effect on 27 April.

The loan was the first ESG-linked facility in the Japanese financial market.

CLP Power Hong Kong Limited (“CLP Power”) has won five top prizes in the Asian Power Awards 2021, known as the Oscars of the Asia-Pacific energy industry. The  awards were presented for two environmentally-sensitive infrastructure projects in Hong Kong – the new gas-fired generation unit D1 (Unit D1) at Black Point Power Station, and the Ma Sik Road 132 kV substation in Fanling. ​