CLP Holdings extends support for low-carbon energy in Mainland China

It has also pledged to uphold China’s “30.60” dual goals.

CLP Holdings Limited (CLP) has pledged its support for the sustained development of clean low-carbon energy in Mainland China, during the Fourth Qingdao Multinationals Summit.

T.K. Chiang, CEO of CLP, stated on behalf of the investor-owned power generation company of its efforts to bolster the local economy and meet the demands of energy transition through its advancement of clean energy, as well as the accomplishment of peak carbon emissions by 2030 and carbon neutrality by 2060.

“CLP is honoured to have this opportunity to interact with participants of the summit, sharing our technical expertise and management experience. We shall work together in an open and collaborative manner to promote the sustainable growth of Shandong, China, and the world,” Chiang said.

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Currently, CLP is operating more than 50 power generation projects in 16 provinces, autonomous regions, and municipalities, including 23 wholly-owned projects with a generation capacity of 7,180 megawatts. It has also laid plans to invest in energy storage systems and other clean energy projects over the Shandong region. Through China’s “30.60” dual goals, CLP’s zero-carbon generation portfolio increased to 70%.