Access CLP’s latest media releases, contacts, and various press tools, along with our extensive archive of achievements and happenings.
Access CLP’s latest media releases, contacts, and various press tools, along with our extensive archive of achievements and happenings.
The CLP E-Playground was officially opened today (12 April). The venue is Hong Kong’s first power engineering, energy, and environment-themed outdoor playground of its kind and offers a unique education resource for students and members of the public to learn and experience the power journey through a variety of engaging, interactive games.
The Vocational Training Council (VTC), in collaboration with CLP Power Hong Kong Limited (CLP Power), unveiled the CLP Power Engineering Laboratory (The Lab) today (1 April). The new Lab represents the joint efforts of the two parties in leveraging innovative technologies and advanced training facilities to nurture a new generation of power engineering talent, equipping them with smart grid and high voltage know-how to propel and support the transformation of Hong Kong into a low-carbon smart city.
A Renewable Energy Certificate (REC) programme by CLP Power Hong Kong Limited (CLP Power) has recorded its biggest deal after Rosewood Hong Kong committed to buy 13 gigawatt hours (GWh) of renewable energy through the purchase of RECs for six years from 2020. The transaction is equivalent to a reduction of around 4,800 tonnes in carbon emissions associated with electricity1, equivalent to around 208,000 trees planted.
CLP Power Hong Kong Limited (CLP Power) has helped commercial and industrial customers save a total of 270 gigawatt hours (GWh) of electricity through a variety of schemes over the past two years – equivalent to the annual energy consumption of more than 60,000 households, and a reduction in carbon emissions of around 120,000 tonnes. The huge saving is equal to the carbon reduction impact of planting around 5 million trees. CLP Power will this year launch a new training scheme to enrich business customers’ knowledge about energy efficiency.
CLP Holdings Limited today made an announcement to the Stock Exchange of Hong Kong, regarding the settlement of litigation arising from the disposal of Iona Gas Plant between EnergyAustralia and Lochard Energy. For further details, please download the announcement.
CLP Holdings Limited (CLP) announced today its wholly-owned subsidiary EnergyAustralia Holdings Limited (EnergyAustralia) has entered into an agreement with the State Government of Victoria, Australia on the advanced retirement of Yallourn coal-fired power station (Yallourn) located in the Latrobe Valley, Victoria.
CLP Power has been awarded the Gold Certificate in the “Privacy-Friendly Awards 2021”, organised by the Office of the Privacy Commissioner for Personal Data, Hong Kong (PCPD), recognising the company’s commitment to protecting personal data of its customers and stakeholders.
The English Schools Foundation (‘ESF’) and CLPe Solutions Limited (‘CLPe Solutions’) have announced the completion of a large-scale solar project in eight ESF schools, promoting the use of green energy and highlighting the importance of energy conservation and sustainability to the next generation.
Castle Peak Power Company Limited (CAPCO) has successfully completed, through its wholly-owned subsidiary Castle Peak Power Finance Company Limited, the issuance of a US$300 million Energy Transition Bond (the Bond) under the Climate Action Finance Framework (CAFF) of its parent company CLP Holdings Limited (CLP). The transaction was well-supported by institutional investors, with a coupon of 2.125%, recognising the growing importance of energy transition bonds to ensure meaningful action on climate change in Asia.
CLP Holdings Limited (CLP) announced today the Group’s operating earnings for 2020 increased 4.1% to HK$11,577 million compared with the same period a year ago. Total earnings rose significantly to HK$11,456 million from 2019 when an impairment of goodwill was booked in the Australian business.
CLP Power Hong Kong Limited (CLP Power) has launched animation cartoons under a new Power Kid Channel Advanced Series designed to teach primary school pupils about Hong Kong’s fuel mix, electricity generation and the smart grid in a fun and interactive way. A wide range of education videos are also available for all kindergartens and primary schools in Hong Kong, serving as education materials for teachers and parents to teach children on energy saving and environmental protection.
CLP Power Hong Kong Limited (CLP Power) has launched Hong Kong’s first multi-purpose Mobile Safety Training Workshop, demonstrating its commitment to promote a world-class safety culture for the company and the industry. The workshop-on-wheels, created in a flatbed truck by the team from CLP Power Learning Institute, provides flexible and convenient safety training for engineering workers across different work locations.
CLP Power Hong Kong Limited (CLP Power) is dedicating more than HK$80 million from CLP Community Energy Saving Fund for a six-month CLP Retail and Catering Coupons programme. Coupons worth HK$100 will be given to each of nearly 800,000 households to spend in more than 2,400 participating retail and catering outlets
A pioneering solar-scholarship project by CLP Power Hong Kong Limited (CLP Power) and the Li Po Chun United World College of Hong Kong (LPCUWC) has won the Regional Innovative Energy Project of the Year Award for the Asia-Pacific region from the Association of Energy Engineers (AEE) in the United States, with judges commending the project for its innovative combination of renewable energy (RE) promotion and help for underprivileged students. The title is the second consecutive accolade CLP Power has received in the annual awards since 2019.
CLP Holdings Limited today announced a number of continuing connected transactions between the CSG Group and the CLP Group in accordance with the Listing Rules. These transactions were entered into in the ordinary and usual course of business of the CLP Group. Please refer to our announcement to the Stock Exchange of Hong Kong for details.
CLP Power Hong Kong Limited (CLP Power) today (15 December) announced the winners of its third annual Smart Energy Award programme, applauding the outstanding performances of businesses and organisations behind ingenious energy-saving and carbon reduction initiatives that are helping Hong Kong pivot towards a lower-carbon future.
The outstanding performance of CLP Holdings (CLP) in corporate governance and reporting continues to win strong recognition as the Company’s 2019 Annual Report, Annual Report Online Snapshot and 2019 Sustainability Report received coveted awards in Hong Kong and overseas.
The CLP Power Learning Institute run by CLP Power Hong Kong Limited (CLP Power) has won four top prizes in the prestigious Hong Kong Management Association Award for Excellence in Training and Development 2020 programme, recognising the company's wholehearted commitment to nurture engineering talent for the energy industry.
CLP Power welcomes and supports Hong Kong’s long-term decarbonisation goal announced in the 2020 Policy Address delivered by the Chief Executive, Mrs Carrie Lam, today (25 November) that Hong Kong will strive to achieve carbon neutrality before 2050 to combat the climate change challenge.
A new solar energy installation has been unveiled at HSBC Building Tseung Kwan O. Designed, built and operated by CLPe Solutions, the solar energy installation demonstrates both companies' dedication to promoting the use of renewable energy for a sustainable future in Hong Kong.
Digital technology drives innovation and change for everyone, making life easier and more convenient. To enhance its customer experience, CLP Power Hong Kong Limited (CLP Power) has upgraded its Kwun Tong customer service centre and made it the first customer service centre in Hong Kong to feature multi-function self-service kiosks, deploying the latest digital technology to give customers a convenient and flexible account service and shopping experience.
CLP Holdings Limited (CLP) today announced the souvenir arrangement for certain shareholders who participated in the 2020 Annual General Meeting (AGM). In the midst of the COVID-19 pandemic situation, the AGM was held on 8 May 2020 in a hybrid format which allowed Shareholders to attend the meeting in person or participate online. In the interest of the health and safety of our Shareholders, the Company encouraged Shareholders to participate in the 2020 AGM using the online platform or by appointing the AGM Chairman as proxy. As a token of appreciation, each Shareholder who successfully used one of these means to take part in the AGM will receive a souvenir gift.
COVID-19 is a global crisis on an unprecedented scale, affecting every society and individual - and Hong Kong is no exception. To relieve the hardship suffered by many Hong Kong people, CLP Power Hong Kong Limited (CLP Power) today (10 November) announced that its Average Net Tariff for 2021 will be frozen at HK$1.218 per unit of electricity. In addition, a series of community support programmes with more than HK$160 million provided by the CLP Community Energy Saving Fund will be launched, benefitting people in different parts of society and help stimulate the economy so it can regain its momentum.
CLP Power Hong Kong Limited (CLP Power) today announced a series of community support programmes to benefit people in different parts of society in response to the immense challenges as a result of the COVID-19 pandemic. Funded by a total sum of more than HK$160 million from the CLP Community Energy Saving Fund, the programmes aim to encourage consumer spending and help the Hong Kong economy regain momentum.
CLP Innovation Enterprises Limited, a wholly-owned subsidiary of CLP Holdings Limited (CLP), and Wah Kwong Maritime Transport Holdings Limited (Wah Kwong) have signed a memorandum of understanding (MoU) to promote carbon offsetting and help raise awareness of decarbonisation in the shipping industry.
CLP Power Hong Kong Limited (CLP Power) is committed to promoting low-carbon driving to make Hong Kong a greener and smarter city. In support of the Government's newly-launched EV-charging at Home Subsidy Scheme, CLP Power is launching an advanced service Eco Charge 2.0 which will provide one-stop technical support and customer service to applicants interested and qualified in applying for funding for electric vehicle (EV) charging-enabled infrastructure in the car parks of private residential blocks.
Experts from the energy, technology and real estate sectors offered insights on how businesses and organisations can make their workplace environments smarter, greener and more sustainable in response to evolving health requirements at a webinar jointly hosted by the CLP Group, Amazon Web Services (AWS) and the Business Environment Council today.
CLP Power Hong Kong Limited (CLP Power) places great emphasis on people development and skills transfer, and is committed to nurturing engineering talent for the energy industry. Two young engineering employees with CLP Power have won prestigious apprenticeships awards – the Sir Edward Youde Memorial Outstanding Apprentice Award and the Vocational Training Council's Outstanding Apprentice Award 2019 – for their exceptional performance.
CLP Power Hong Kong Limited (CLP Power), operator of the Castle Peak Power Company Limited (CAPCO), is working in partnership with The Hongkong Electric Co., Ltd. (HK Electric) to jointly develop an offshore liquefied natural gas terminal, known as the HKOLNGT project, which will ensure stability and diversity in the future supply of natural gas to Hong Kong. To support marine ecology conservation and the sustainable development of fishing industries in the vicinity of the terminal, CAPCO, HK Electric, and Hong Kong LNG Terminal Limited (HKLTL) – a joint venture established by the two companies – today (30 September) announced the setting up of a Marine Conservation Enhancement Fund and a Fisheries Enhancement Fund, both of which will be open for applications from 1 October.
CLP Power Hong Kong Limited (CLP Power) is offering 200,000 colourful face shields to some 1,000 kindergartens across Hong Kong to help protect young children from COVID-19 when they return to school.
CLP Power Hong Kong Limited (CLP Power) joined force with Government departments on the power supply project for the Penny’s Bay Quarantine Centre on Lantau Island, completing planning, construction, and connection work in a record shortest time. The project ensures a safe, reliable power supply for the centre, which timely provides 1,500 units for the Phase 1 and 2 compulsory quarantine centre and supports the Government’s fight to safeguard Hong Kong people against COVID-19.
In view of the novel coronavirus cases has slowed down, CLP Power Hong Kong Limited (CLP Power) announced that starting from 7 September (next Monday), all its Customer Service Centres will reopen and the Customer Service Hotline 2678 2678 will resume its 24-hour, 7 days a week service. The routine meter reading service will also be resumed except those places with higher infection risks.
To strengthen support for young people, CLP Holdings Limited (CLP Holdings) and its subsidiary CLP Power Hong Kong Limited (CLP Power) are launching the CLP Graduate Internship Programme, which offers more than 60 one-year internships for fresh university graduates. Combined with the company's regular trainee programmes, a total of around 130 intern and trainee positions will be offered this year, more than double the total for 2019.
CLP Power Hong Kong Limited ("CLP Power") was notified by the contractor company in the afternoon of 11 August that a contractor staff working at the kitchen of Black Point Power Station's canteen had been preliminarily tested positive with COVID-19. We were later notified in the evening that the contractor worker was classified as a confirmed COVID-19 case after a further test.
CLP Holdings Limited (CLP) announced today the Group’s operating earnings for the first half of 2020 were HK$6,129 million, an increase of 12% compared to the same period of 2019. While the underlying performance of its operations remained stable, the increase in earnings was primarily due to positive changes in the fair value of energy hedging contracts. Total earnings were HK$6,010 million as compared to a loss of HK$907 million in 2019 following the impairment of goodwill in the Australian business.
CLP Holdings Limited (CLP) has been recently notified that emails with false information about potential transactions involving entities named “CLP Group Asia” and “CLP Power Hong Kong (“UAG”)” have been distributed to members of the public by individuals who purport to represent ASCON GROUP GmbH (ASCON) and Powidian. CLP hereby clarifies that it is not connected in any way with these emails, and their contents were neither authorised nor endorsed by the Company
In view of the latest development of the novel coronavirus in the community, CLP Power Hong Kong Limited (CLP Power) will reduce the routine meter reading service. The company will timely review the special arrangement and request the kind understanding of the customers.
CLP Power Hong Kong Limited (CLP Power) is recognised as one of the world’s twelve most attractive employers in 2019 and inducted in the Hall of Fame for 2020/2021 by international human resources firm Randstad, becoming the first company in Hong Kong to receive this honour.
CLP Power Hong Kong Limited (CLP Power) announces that its wholly-owned subsidiary CLP Power Hong Kong Financing Limited has successfully completed the issuance of US$750 million 2.125% senior unsecured notes due 2030 (the 2030 Notes) and US$250 million 2.500% senior unsecured notes due 2035 (the 2035 Notes) under CLP Power Hong Kong Financing Limited’s US$4.5 billion Medium Term Note Programme. The 2030 Notes and 2035 Notes were unconditionally and irrevocably guaranteed by CLP Power, rated A1 and A+ by Moody’s and Standard and Poor’s respectively, and will be listed on The Stock Exchange of Hong Kong Limited. The proceeds from the Notes will be used for general corporate purposes.
CLP Power Hong Kong Limited (CLP Power) has hosted five online caring visits to elderly people to continue its Sharing the Festive Joy programme despite the social distancing restrictions introduced because of COVID-19 pandemic. The online events – the first of their kind – were held in partnership with the Po Leung Kuk, Tung Wah Group of Hospitals and Yan Chai Hospital and allowed for more than 200 people from elderly homes and day care centres to celebrate the Tuen Ng festival.
Castle Peak Power Company Limited (CAPCO) is pleased to announce that it has successfully priced the issuance, through its wholly-owned subsidiary Castle Peak Power Finance Company Limited (incorporated with limited liability under the laws of the British Virgin Islands), of a US$350 million Energy Transition Bond (the Bond) under the Climate Action Finance Framework (CAFF) of its parent company CLP Holdings Limited (CLP). The transaction was well-supported by institutional investors, with a coupon of 2.20%, recognising the growing importance of energy transition bonds to enable meaningful action on climate change in Asia.
CLP Innovation Enterprises Limited, a wholly-owned subsidiary of CLP Holdings Limited (CLP), today formed a partnership with CYZone, a leading provider of event and information services supporting the growth of technology innovators in Mainland China, to help scout the most promising smart energy technologies amid growing demand for more digitally-connected and sustainable energy services.
As the coronavirus outbreak eases in Hong Kong and restrictions on restaurants relax gradually, CLP Power Hong Kong Limited (CLP Power) will give out 80,000 bottles of long-term disinfectant spray to help around 12,000 restaurants in its supply area fight the virus and strengthen confidence among diners.
The coronavirus outbreak in Hong Kong appears to be slowing, but it is essential that anti-virus measures are maintained to prevent new infections. CLP Power Hong Kong Limited (CLP Power) has shown its care to the community and the people in need through various non-governmental organisations and community partners. It has teamed up with Hong Kong Community Anti-Coronavirus Link for donating 100,000 surgical masks to underprivileged families through around 230 secondary schools to safeguard students' health when classes resume. CLP Power has also donated more than 100,000 bottles of disinfectant sprays to people in need in its supply areas with the support of The Lok Sin Tong Benevolent Society, Kowloon and community partners.
In light of the COVID-19 situation, the 2020 Annual General Meeting (AGM) of CLP Holdings Limited was held in a hybrid format today, allowing shareholders to attend the meeting in person or participate from the safety and convenience of their homes. The format was first introduced in 2019.
Since the implementation of stay at home and social distancing measures in place to prevent the spread of the COVID-19 pandemic, more families are spending time at home. CLP Power Hong Kong Limited (CLP Power) has teamed up with social enterprises and celebrity chefs to launch a range of services and exciting offers that our customers can access at the newly launched CLP Power app and website from the comfort and safety of their homes.
Due to the COVID-19 situation and to ensure the safety of CLP’s shareholders and others attending the meeting, the number of shareholders permitted to attend the physical meeting of the AGM in person is limited to 50 and prior registration is required. The registration period ended at 5:00pm on 27 April 2020. As there was an over-application, a ballot was conducted.
It has come to the attention of CLP Holdings Limited (CLP) that some unidentified parties have made use of the Chinese name of the Group “中電控股” and corporate logo to set up a fake mobile application in Mainland China, with the intention of soliciting financial investments.
In response to the class suspension of schools during the coronavirus outbreak, CLP Power Hong Kong Limited (CLP Power) has made available a series of free online education materials to allow teachers from primary schools and kindergartens to conduct online lessons and pupils studying at home to continue to learn about environmental protection and electricity.
In support of the Government’s enhanced anti-epidemic measures to reduce the risk of the spread of the novel coronavirus in the community, and care for the wellbeing of our staff and customers, CLP Power Hong Kong Limited (CLP Power) will strengthen the special work arrangement by a combination of reduction in non-essential works, work-from-home and flexi-hours, while striving for maintaining our power supply service. The company will timely review the special arrangement and request the kind understanding of our customers.
CLP Holdings Limited (CLP) today announced its 2019 Annual Results. Operating earnings decreased 20.5% to HK$11,121 million, reflecting the expected lower permitted rate of return in Hong Kong, a reduction in its share of earnings in India following the strategic partial-divestment, and the continued challenges in Australia. Earnings in Mainland China and Southeast Asia were higher. The Board is recommending a fourth interim dividend for 2019 of HK$1.19 per share. Total dividends per share for 2019 are HK$3.08, an increase of 2.0% from 2018.
In order to reduce the risk of the spread of the novel coronavirus in the community and at the same time maintain the safe and reliable power supply, CLP Power will continue the special work arrangement. Except shift staff and those who are essential support to maintain business operations of the Company, other staff can continue to work from home until 23 February. The special arrangement will be timely reviewed.
In order to reduce the risk of the spread of the novel coronavirus in the community and at the same time maintain the safe and reliable power supply, CLP Power will continue the special work arrangement. Except shift staff and those who are essential support to maintain business operations of the Company, other staff can continue to work from home until 16 February. The special arrangement will be timely reviewed.
In order to reduce the risk of the spread of the novel coronavirus in the community and at the same time maintain the safe and reliable power supply, CLP Power will continue the special work arrangement. Except those who need to work on shift to maintain operations for power generation, power supply, emergency services, critical projects and some customer services staff, other staff can continue to work from home until 9 February. The special arrangement will be timely reviewed.
CLP Innovation Ventures Limited, a wholly-owned subsidiary of CLP Holdings Limited (CLP), today announced a US$2 million investment in R&B Technology Holding Co. Ltd. (R&B), a company specialising in energy management software for commercial and industrial sectors. The investment deepens the collaboration between CLP and R&B on innovative digital energy technologies for customers in Hong Kong, Mainland China and other Asia Pacific markets.
Hong Kong is facing immense social and economic challenges. The business environment is exceptionally harsh and the catering industry has been particularly badly affected, while people’s living standards in general have suffered. CLP Power Hong Kong Limited (CLP Power) has therefore allocated HK$20 million to a Let’s Eat and Cheers programme to help people in need while generating business for restaurants.
CLP Holdings Limited today announced a number of continuing connected transactions between the CSG Group and the CLP Group in accordance with the Listing Rules. These transactions were entered into in the ordinary and usual course of business of the CLP Group. Please refer to our announcement to the Stock Exchange of Hong Kong for details.
CLP Holdings (CLP) has once again earned recognition for its achievements in corporate governance and reporting after winning over 80 local and international awards for its 2018 Annual Report, the online Snapshot and the 2018 Sustainability Report in prestigious contests.
Hong Kong’s business sector accounts for more than 70% of the city’s total power consumption, it is in everyone’s interest for businesses to improve their energy efficiency which can reduce carbon emissions and create cleaner air for the society. CLP Power Hong Kong Limited (CLP Power) has for years offered energy audit service to business customers, assessing their consumption and recommending energy improvement solutions. It has teamed up with a university for the first time to launch an energy audit internship programme to nurture a new generation of talent, and has also introduced drones to improve the effectiveness of audits.
CLP Holdings Limited (CLP) today announced its latest decarbonisation actions under the updated Climate Vision 2050, pledging not to invest in any additional coal-fired generation capacity and to progressively phase out all remaining coal assets by 2050.
CLP Power Hong Kong Limited (CLP Power) has won two top honours in the 10th Hong Kong Outstanding Corporate Citizenship Awards. The company was presented with the gold award in the volunteer team category and the silver award in the enterprise category of the programme organised by the Hong Kong Productivity Council, recognising the dedicated volunteer work of employees as well as CLP Power’s steadfast commitment to social responsibility and good corporate governance.
Hong Kong is facing immense economic challenges. CLP Power Hong Kong Limited (CLP Power) today (10 December) announced that it will relieve the tariff pressure for all Small-and-Medium Enterprise (SME) customers from the increased use of natural gas for low-carbon power generation in 2020 through a subsidy. The subsidy is part of a more-than-HK$200 million CLP Power’s relief plan that will benefit different sectors of the community, including the underprivileged sub-divided unit tenants who do not benefit from the Government’s electricity charges relief schemes.
CLP Power Hong Kong Limited (CLP Power) today held a second annual presentation ceremony to honour the winners of its Smart Energy Award programme, recognising the outstanding performance of Hong Kong businesses and organisations in energy management and the use of renewable energy and smart technology.
CLP Power Hong Kong Limited ("CLP Power") has for years promoted low-carbon driving by providing an expanding electric vehicle (EV) charging service to make Hong Kong a greener and smarter city. Today (5 November), CLP Power announced the free service at its charging stations will be extended until the end of 2020, continuing to offer EV drivers a convenient and reliable territory-wide network.
CLP Power Hong Kong Limited (“CLP Power”) announces that its wholly-owned subsidiary CLP Power HK Finance Ltd. has successfully completed the issuance of USD500 million of 3.55% non-call 5.25-year perpetual capital securities (the “Securities”). The Securities are unconditionally and irrevocably guaranteed by CLP Power, rated A1 and A+ by Moody’s and Standard and Poor’s (“S&P”) respectively. The Securities are rated A3 and A- by Moody’s and S&P respectively, and will be listed on The Stock Exchange of Hong Kong Limited. Proceeds from the Securities will be used to redeem CLP Power HK Finance Ltd.’s outstanding USD750 million perpetual subordinated guaranteed capital securities issued on 7 May 2014 and 13 June 2014 (the “Existing Securities”).
CLP Power Hong Kong Limited (CLP Power) and the Hospital Authority (HA) have won a prestigious international award for a retro-commissioning demonstration project at the Caritas Medical Centre and North Lantau Hospital. The project, titled the Pioneering First Retro-Commissioning Energy Saving Project for Hong Kong Public Hospitals in Asia, has been awarded the Regional Energy Project of the Year Award for Asia-Pacific by the Association of Energy Engineers (AEE) which commended its outstanding effectiveness in promoting energy efficiency and cost saving and hailed it as a showcase of retro-commissioning for the local building industry.
The CLP Power Connect programme encourages residential customers to save energy year-round. Since January 2019, nearly 200,000 customers have signed up for the programme run by CLP Power Hong Kong Limited (CLP Power). The programme also offers an electricity subsidy of HK$500 each for 40,000 households including elderly people, low-income families, disabled people and tenants of subdivided units with a funding of HK$20 million in this year. CLP Power has received more than 35,000 applications for support by mid-September, and the first batch of subsidies has been paid out from May onwards, benefitting more than 21,000 households in need and promoting social inclusion.
CLP Power Hong Kong Limited (“CLP Power”) has won a top prize in the Asian Power Awards 2019, known as the Oscars of the regional energy industry. CLP Power’s Queen’s Hill 132kV substation was presented with the Gold Award in the Transmission and Distribution Project of the Year category at a ceremony in Kuala Lumpur in recognition of its inspired, environmentally-friendly design.
CLP Power Hong Kong Limited (“CLP Power”) today (3 September) announced it has submitted a response paper to the Council for Sustainable Development’s public engagement on a long-term decarbonisation strategy for Hong Kong. Although 2050 seems a long way away, we all need to start planning now for a lower carbon future. CLP Power sees two broad directions to increase low-carbon electricity supply in the longer term. Both have their opportunities as well as challenges and elements of both could in future be combined. Technology in the energy sector is changing fast and we will need time for further study to maximise the opportunities that these could bring. CLP Power is determined to maintain high levels of safe and reliable electricity supply, whichever future approach we may adopt in decarbonising electricity generation.
CLP Power Hong Kong Limited (CLP Power) has received a positive response from the public to the Renewable Energy Feed-in Tariff (FiT) scheme, which was launched in May last year to promote the development of renewable energy and encourage low-carbon living. By the end of July this year, CLP Power had approved more than 80% of over 4,300 applications for the FiT scheme. When these projects are completed by our customers, they will represent a potential total of 62 GWh of green electricity a year – equivalent to the annual energy consumption of 15,000 households and a reduction in carbon emissions of around 30,000 tonnes a year, or the amount of carbon dioxide removed from the atmosphere by 1.30 million trees. With the rising numbers of applications, the FiT capacity of the new connected systems has also grown steadily over the past months.
CLP Holdings Limited (CLP) announced today its results for the first six months of 2019, which reflect both the impact of the decisions we are taking to support our desire to deliver secure, affordable and sustainable energy for the Asia-Pacific region as well as the influence of significant external challenges.
CLP Power Hong Kong Limited (CLP Power) today signed a Collaborative Agreement on Smart and Green Initiatives with the Chinachem Group (Chinachem) that will see the landmark Nina Tower adopt smart, green technology to improve its operational and energy efficiency, saving a total of estimated 14 GWh of electricity for the next five years.
CLP Power Hong Kong Limited (CLP Power) Chief Corporate Development Officer Ms Quince Chong hosted a special storytelling session today (17 July) in the Children's Paradise zone at the Hong Kong Book Fair. Accompanied by the energy-crusading cartoon characters POWER FOUR, Ms Chong told children a story called 'Electricity and Me' to teach them about the importance of electricity in people's daily lives and the need to save energy. Ms Chong also played interactive quiz with children to help build awareness about low-carbon lifestyles and teach them simple steps to change their habits regarding clothes, food, homelife, and travelling to help reduce carbon emissions.
CLP Power Hong Kong Limited (CLP Power) will launch a Power Kid Mobile App at the Hong Kong Book Fair, offering children an engaging, interactive way to learn about environmental protection and energy saving. The new app are available for visitors to try at the CLP Power booth in the Children's Paradise zone of the fair from 17 July until 23 July to win special POWER FOUR souvenirs, where POWER FOUR characters will greet them at the booth. CLP Power engineers will also hold storytelling sessions for children at the fair over the weekend.
CLP Power Hong Kong Limited (CLP Power) has launched three new mobile payment platforms for all residential and business customers. More than 2.6 million customers can now settle their electricity bill via AlipayHK, WeChat Pay HK, and the Faster Payment System (FPS).
CLP Holdings Limited (CLP) plays host to Free Electrons, the global energy start-up accelerator programme, in Hong Kong this week, forging new collaboration opportunities between utilities and some of the world’s most innovative entrepreneurs on next-generation energy technologies.
The Hong Kong Offshore Liquefied Natural Gas (LNG) Terminal Project (HKOLNG Project) has entered a new milestone as Castle Peak Power Company Limited (CAPCO) and The Hongkong Electric Co., Ltd. (HK Electric) today announced that Hong Kong LNG Terminal Limited, the joint venture established by the two companies, has entered into an agreement with Mitsui O.S.K. Lines, Ltd. (MOL) for the hire of a Floating Storage and Regasification Unit (FSRU) vessel on a time charter basis for the HKOLNG Project.
Castle Peak Power Company Limited (CAPCO) and The Hongkong Electric Co., Ltd. (HK Electric) today announced that an agreement has been entered into with Shell Eastern Trading (Pte.) Ltd. (Shell), a subsidiary of Royal Dutch Shell, for long-term liquefied natural gas (LNG) supply for the Hong Kong Offshore Liquefied Natural Gas Terminal. After completion of the project, Shell will supply LNG to both CAPCO and HK Electric from its worldwide LNG portfolio.
CLP Power Hong Kong Limited ("CLP Power") is committed to promoting innovation and enhancing a world-class safety culture. Employees are encouraged to use their creativity and expertise to identify original solutions to potential safety hazards. In this spirit, the engineering team of CLP Power Logistic and Transport Branch has self-developed Hong Kong’s first crane lorry alarm system, as well as ‘X-infrared’ anti-trapping device for tail lifts with a simple series of circuits and sensors.
CLP Power Hong Kong Limited (CLP Power) is deeply saddened by an incident in which a contractor worker who has been later certified death after being admitted to the hospital when he was found unconscious during work in Black Point Power Station today (4 June). The company expresses its deepest condolences to the family of the deceased.
CLP Power Hong Kong Limited ("CLP Power") is committed to providing a safe and reliable power supply to all customers and to meet the needs of every Hong Kong community. To support rural revitalisation and eco-tourism development in the Lai Chi Wo area of the northeastern New Territories, CLP Power has completed a power supply for the remote Hakka villages of Mui Tsz Lam and Kap Tong and held a power-on ceremony today (28 May). The ceremony was attended by villagers and guests including Secretary for the Environment Mr Wong Kam-sing and Chairman of Sha Tau Kok District Rural Committee Mr Lee Koon-hung, who celebrated the arrival of the electricity supply and its potential to support the sustainable development of the two villages.
CLP Holdings Limited (CLP) is pleased to announce our commitment to transition our fleet of more than 1,000 cars to electric vehicles (EVs) by 2030 and encourage more employees to switch to EVs, as we become the first Hong Kong company to join the global EV100 initiative run by the international non-profit organisation The Climate Group. EV100 brings together leading businesses committed to making electric transport “the new normal” by 2030.
CLP Power Hong Kong Limited (CLP Power) has once again been voted Hong Kong’s Most Attractive Employer in the Randstad Employer Brand Awards, becoming the first company from the city to win the award three times in six years since the launch of the Awards in Hong Kong. The award was based on a public survey of 75 of Hong Kong’s largest companies conducted by international human resources services firm Randstad.
CLP Power Hong Kong Limited (CLP Power) unveiled a CLP 6 Senses Experience Zone to promote a low-carbon catering culture at the four-day HOFEX 2019 trade show, Asia’s leading food and hospitality industry event, which began today (7 May) at the Hong Kong Convention and Exhibition Centre. The zone features a wide array of electric kitchen equipment and showcases the latest technology to enhance energy efficiency in the catering sector and offer customers a superior dining experience. It also provides a valuable platform for both Hong Kong and overseas businesses who are interested in catering trade to interact and exchange ideas.
[email protected] – an exhibition centre showcasing smart city technologies – was officially opened today (29 April). Using virtual reality technology and interactive multimedia, it exhibits different innovative solutions that will help transform Hong Kong into a smart city and promote energy efficiency in the community.
CLP Power Hong Kong Limited (“CLP Power”) has won a prestigious new global award for the excellence of its knowledge management and innovative practices. The company received the inaugural Global Most Innovative Knowledge Enterprise (MIKE) Award 2018 today (25 April) from the Global MIKE Study Group in recognition of its dedicated efforts and continuous investment to promote a learning and innovation culture.
CLP Power Hong Kong Limited (CLP Power) launched the CLP Power Connect programme in January, encouraging residential customers to save energy year-round and help the underprivileged, with each eligible beneficiary households receiving HK$500 electricity subsidy. In three months' time, about 100,000 residential customers have signed up the programme. To further promote a caring community, Power Connect participants may earn CLP Eco Points for redeeming fabulous prizes under a new activity "Support Social Enterprises to Earn Eco Points".
CLP Power Hong Kong Limited (CLP Power) held a Smart Elderly Home Experience Day today in an initiative to address the city’s ageing population and increasing demand for elderly services. The event featured different innovative smart technology and energy saving solutions, and provided a valuable platform for partnerships between the elderly services sector and product providers, aiming to promote energy efficiency and build an age-friendly smart city.
CLP Innovation Ventures (Israel) Limited, a wholly-owned subsidiary of CLP Holdings Limited (CLP), and Other Sources Energy Group Limited (OSEG) are pleased to announce the formation of a joint venture to explore investment opportunities in next-generation energy technologies and innovations in Israel as the two companies look to empower the low-carbon transition for energy users.
CLP Holdings Limited (CLP) is pleased to announce solid annual results for 2018. The Group’s operating earnings for the year increased 5.1% to HK$13,982 million. Total earnings decreased by 4.9% to HK$13,550 million, largely due to favourable one-off items in 2017. These figures reflected the combination of continued robust performance in our overseas businesses and dependable earnings from our Hong Kong base. They also allowed the Board to approve a fourth interim dividend of HK$1.19 a share. Total dividends per share for 2018 are HK$3.02, a 3.8% increase from 2017.
CLP Power Hong Kong (CLP Power) yesterday (31 January) completed work on the first project under its new Power Connect programme which provides subsidies to landlords of subdivided units to do rewiring work for the installation of individual electricity meters. The programme allocates HK$5 million a year for this purpose to improve the home safety and living environment of underprivileged people living in subdivided units. The Power Connect programme began in January this year with the aim of encouraging energy saving and promoting community care.
CLP Holdings Limited today announced a number of continuing connected transactions between the CSG Group and the CLP Group in accordance with the Listing Rules. These transactions were entered into in the ordinary and usual course of business of the CLP Group. Please refer to our announcement to the Stock Exchange of Hong Kong for details.
CLP Power Hong Kong Limited (CLP Power) announced today that it will have rebated to customers the refunds received to date from the Hong Kong SAR Government in relation to CLP Power’s claims against the Government’s overcharged rent and rates by 17 February 2019. As a result, the Rent and Rates Special Rebate will be discontinued with effect from 18 February 2019. Customers will be notified separately about the arrangement.
The CLP Power Academy of CLP Power Hong Kong Limited (CLP Power) today (14 January) celebrated the first batch of students to complete the Professional Diploma in Power Engineering and the Certificate for Junior Electricians programmes, and welcomed a new intake of students for two newly-launched programmes.
CLP Power Hong Kong Limited (CLP Power) has held the Power Your Love programme for four consecutive years to encourage customers to save energy and at the same time help people in need. More than 650,000 residential customers have since taken part, reducing energy bills for tens of thousands of underprivileged people and saving around 32 GWh of electricity during hot summers.
CLP Power Hong Kong Limited ("CLP Power") has promoted green motoring in Hong Kong in recent years by expanding its electric vehicle (EV) charging service, providing EV drivers with a convenient and reliable territory-wide network. Today (14 December), CLP Power announced the free service at its EV charging stations will be extended until the end of 2019.
CLP Power Hong Kong Limited ("CLP Power"), the Hong Kong University of Science and Technology ("HKUST") and the University of Strathclyde today (7 December) signed an agreement to launch Hong Kong’s first joint academic and industry-run dual master’s degree programme in power engineering.
To support the development of Hong Kong International Airport, CLP Power Hong Kong Limited (CLP Power) collaborates with the Airport Authority Hong Kong (AA) to provide power supply for the Three-runway System.
To support Hong Kong’s transformation into a smart city, CLP Power Hong Kong Limited (CLP Power) will install smart meters for all its customers over seven years from now until 2025 and provide customers with a range of digitalised services and solutions to encourage energy saving and further improve supply reliability.
The Eco Rewards Scheme of CLP Power Hong Kong Limited (CLP Power) is partnering with Lok Kwan Social Service and Employees Retraining Board (ERB) to offer new home services discount rewards to customers, hoping to support social enterprise to create more job opportunities.
CLP Power Hong Kong Limited (CLP Power) today (17 November) hosted a Sharing the Festive Joy Senior Citizens Day Luncheon in partnership with the Tung Wah Group of Hospitals for 250 elderly guests from Kowloon City, Tsuen Wan, Shatin, and Kwun Tong. Guests enjoyed a luncheon with a theme of classic Cantonese films from the old days cinema and received energy saving tips from CLP volunteers.
CLP Power Hong Kong Limited (CLP Power) today presented Green Elites Campus accreditation to 17 Sheng Kung Hui (SKH) primary schools in recognition of their efforts to promote environmental education to pupils in the 2017/18 academic year. More than 13,000 students took part in a broad range of green education activities. Four of the schools received the Most Outstanding Award for their exceptional performances. Pupils from those schools will join Green Power nature tours to Sharp Island Geopark, Hoi Ha Wan Marine Park, or the Nam Sang Wei wetland area. (See appendix for full list of winners.)
CLP Power Hong Kong Limited (CLP Power) today held a prize presentation ceremony to honour the winners of its first Smart Energy Award programme, recognising the performance of commercial and industrial customers in energy management and the use of renewable energy and smart technology.
CLP Power Hong Kong Limited (CLP Power) today announced the price of each unit of electricity generated by renewable energy sources under the Renewable Energy Certificates (RECs) scheme will be HK$0.5, with RECs available at a minimum purchase of 100 units. The certificates will be available to CLP Power customers from 1 January 2019.
Following the departure of the typhoon, the emergency service teams of CLP Power Hong Kong Limited (“CLP Power”) continue the repair and power restoration works for customers. The number of affected customers has been reduced from about 40,000 on 16 September to about 7,500 as of 7am today (18 September).
Following CLP Power’s repair and restoration works today (18 September), the remaining number of customers who are yet to have their electricity restored is expected to be reduced from about 40,000 customers on 16 September to about 1,500 customers at midnight today, mainly remote villages located in the northern New Territories. It is expected almost all customers will have their electricity supply restored progressively tomorrow (19 September) except about 200 located in very remote areas at Kat O and Ap Chau areas where power restoration will require longer time.
Following the departure of Severe Typhoon Mangkhut last evening (16 September), CLP Power’s emergency service teams immediately kick-started the repair and power restoration works for customers. As of 3pm today, power supply to about 13,500 customers, mainly covering New Territories North, Yuen Long and Sai Kung, has yet to resume. According to emergency service teams, many of the affected customers are located in the remote areas in the New Territories where roads are blocked by fallen trees and debris, making access to these sites and restoration works extremely difficult.
In response to recent media enquiries concerning the potential impacts of piling works on marine mammals in the Hong Kong Offshore LNG Terminal Project, CLP Power Hong Kong Limited (CLP Power) provided the following information
In view of the approaching Super Typhoon Mangkhut, CLP Power Hong Kong Limited ("CLP Power") will closely monitor and assess the potential impact on its power systems. Necessary actions will be taken to safeguard the reliable supply.
CLP Group (CLP) is pleased to introduce Caisse de dépôt et placement du Québec (CDPQ), a leading global institutional investor, as a strategic 40% shareholder of CLP India Private Limited (CLP India). CLP GPEC (Mauritius) Holdings Limited (CLP GPEC), a wholly-owned subsidiary of CLP, will maintain a majority 60% shareholding in CLP India.
CLP Holdings Limited is pleased to announce Veltoor Solar Farm in India has received from DNV GL, a global quality assurance and risk management company, the world’s first project certificate for photovoltaic (PV) power plants in a recognition of its high standards for safety and technical compliance.
To promote e-sports and smart gaming, CLP Power Hong Kong Limited (CLP Power) sets up the CLP x e-Sports Academy at the three-day Hong Kong e-Sports & Music Festival, which began today (24 August) at the Hong Kong Convention and Exhibition Centre. At the Academy, visitors can meet industry practitioners and learn more about the e-sports industry, and to exchange gaming experiences with pro-players.
CLP Holdings Limited (CLP) is pleased to announce strong results for the first half of 2018, reflecting the Group’s robust and diversified asset base and our commitment to meet the needs of our customers across the markets in which we operate.
The Group’s operating earnings were HK$7,886 million, an increase of 33.3% compared with the first half of 2017 with dependable results in our core market of Hong Kong and a solid performance in our overseas businesses. Total earnings increased by 25.8% to HK$7,436 million. With confidence in the long-term outlook for the company, the Board increased the level of our first and second interim dividends from HK$0.59 per share in 2017 to HK$0.61 per share this year.
In support of Hong Kong’s engineering and innovation education, CLP Holdings Limited (CLP) partnered with the Academy for Bright Future Young Engineers of the School of Engineering at the Hong Kong University of Science and Technology (HKUST) in organising an electric vehicle (EV) summer programme for secondary students.
CLP Holdings Limited (“CLP”) and TUS-Holdings Co., Ltd. (“TUS”) are pleased to announce the formation of a joint venture between their respective subsidiaries CLP Smart Energy (China) Limited and Beijing TUS-Clean Energy Co., Ltd. The new partnership aims to develop and deploy new energy and smart city technologies amid growing demand for digitalised energy infrastructure and services in Mainland China.
CLP Power Hong Kong Limited (CLP Power) held its Engineer in School programme for a second time in the 2017/18 academic year, enabling 10,000 students from 50 secondary schools to learn about smart cities, climate change, and the digital revolution. Through a series of school talks, workshops, engineer experience tours, and by building a model of a smart city, it also showed them how the power industry is facing up to evolving challenges. Today, CLP Power hosted an appreciation luncheon for the participating students to share their experiences.
CLP Power Hong Kong Limited (CLP Power) will introduce a new team of energy saving cartoon characters called POWER FOUR at the company’s first appearance at the Hong Kong Book Fair which will be held from 18 to 24 July. The team – appearing in a 3D cartoon Power Kid Channel to be screened in the CLP Power booth in the Children’s Paradise zone – is made up of Power Kid, star of the popular POWER YOU Kindergarten Education Kit, and three new friends helping him promote green lifestyles to children and the public.
CLP Power Hong Kong Limited ("CLP Power") hosted around 2,000 visitors at workshops at the Maker Faire Hong Kong 2018 x Make Big event on the Hong Kong Polytechnic University campus on 7 and 8 July, teaching them cable jointing and giving them the chance to use virtual reality (VR) to climb a transmission tower under the guidance of power engineering professionals.
CLP Innovation Enterprises Limited, a wholly-owned subsidiary of CLP Holdings Limited (CLP), has signed two new agreements with partners in Thailand to strengthen collaboration on technologies intended for deployment in smart city environments.
The CLP Power Academy run by CLP Power Hong Kong Limited (CLP Power) today (6 July) signed a Memorandum of Understanding with the Vocational Training Council (VTC) to launch a new Part-time Power Engineering Diploma programme, aimed at providing upward mobility opportunity for young working people who want to pursue careers in the power industry.
CLP Power Hong Kong Limited (CLP Power) today welcomed the decision by the Executive Council of the Hong Kong SAR Government to approve its Development Plan for 2018-2023. CLP Power also announced the first tariff package under the new Scheme of Control Agreement (SCA) which comes into effect on 1 October 2018. The tariff package will apply for 15 months until 31 December 2019. At the same time, a new Monthly Fuel Cost Adjustment will be introduced to reflect fuel price changes in a timelier manner.
CLP Power Hong Kong Limited (CLP Power) today announced the launch of a new CLP Community Energy Saving Fund with around HK$70 million in the first year to carry out a territory-wide energy efficient and conservation campaign, encouraging residential customers to live low-carbon lifestyles, subsidising business customers to replace electrical equipment with more energy efficient models, and at the same time supporting the underprivileged. Around HK$10 million of the fund will be used to help people living in subdivided units.
CLP Power Hong Kong Limited (CLP Power) today hosted a Tuen Ng Festival celebration in partnership with The Salvation Army for more than 200 elderly people and families in need from Tai Po, Tai Wo Hau, Wong Tai Sin, Sham Shui Po, and To Kwa Wan as part of the company’s Sharing the Festive Joy programme.
CLP Power Hong Kong Limited (CLP Power) today hosted a Smart Energy Symposium, inviting businesses and organisations to exchange ideas on smart technology to enhance their energy efficiency. More than 300 participants from different sectors took part in the event at which CLP Power shared new energy saving initiatives, encouraging customers to work together to combat climate change and make Hong Kong a greener, smarter city.
The CLP Group is honoured to be the Energising Partner of Lumieres Hong Kong once again in 2018 and continue our contribution towards promoting the history, arts and culture of the city. We are proud to be the first commercial partner committed to supporting the second edition of Lumieres Hong Kong, bringing back this spellbinding light festival to the city on 29 November to 2 December.
The Honourable Sir Michael Kadoorie, Chairman of CLP Holdings (CLP), led a delegation of senior executives to visit the Yangjiang Nuclear Power Station in Guangdong Province on 21 May 2018. The CLP delegation was received by Mr He Yu, Chairman of China General Nuclear Power Corporation (CGNPC), and the senior management team of the company. The visit followed CLP’s acquisition of a 17% equity interest in Yangjiang Nuclear Power Co., Ltd. from CGN Power end of last year.
More than 1,200 packages of major components, including a gas turbine weighing 50% more than the world’s largest passenger aircraft, have been successfully delivered in a new milestone for CLP Power Hong Kong Limited’s (CLP Power) construction of an additional gas-fired generation unit at the Black Point Power Station in Tuen Mun. The new gas-fired generation unit is expected to go into commercial operation by 2020.
CLP Power Hong Kong (CLP Power) today announces the details of an upgraded CLP Eco Building Fund that will award HK$100 million a year to subsidise energy saving projects. The fund will support improvement works in the communal areas of around 400 residential blocks and commercial and industrial buildings a year and save an estimated 48 GWh of electricity – equivalent to the annual energy consumption of 11,000 households and approximately HK$55 million in energy costs.
CLP Power Hong Kong Limited (CLP Power) launches its Power Your Love programme today under the theme of “Save Energy, Save On Bills and Light Up Lives”. Residential customers are encouraged to save energy at home in summer. CLP Power will donate the energy saved to about 20,000 families in need by offsetting their electricity expenses.
CLP Power Hong Kong Limited (CLP Power) today held a CLP Volunteer Appreciation Ceremony to honour employees for serving the community with care and professional expertise in 2017. The CLP Volunteer Team contributed nearly 15,000 hours of service last year, with one individual contributing 216 hours of volunteer work. This year, CLP Power presented a new Power Expert Volunteer Award to recognise CLP volunteers who use their expertise in rewiring works and home electricity safety checks to help people in need.
The new Scheme of Control Agreement (SCA) between CLP Power Hong Kong Limited (CLP Power) and the Hong Kong SAR Government will come into effect on 1 October 2018. Under the agreement, CLP Power will launch a number of new initiatives to encourage the community to embrace low-carbon lifestyles by promoting the development of renewable energy (RE) and energy conservation.
According to our understanding, the welders being recruited by our contractor company are to work for the construction of the additional gas‐fired generation unit at the Black Point Power Station of CLP Power Hong Kong Limited (CLP Power). As the construction of the generation unit’s boiler which is of the latest technology requires special welding skills, it is required that welders equipped with the relevant qualifications and technical skills are employed to carry out the work concerned.
CLP Power Hong Kong Limited (CLP Power) has been voted the Most Attractive Employer out of 75 largest companies in Hong Kong at the Randstad Employer Brand Awards 2018, the second time since Randstad launched this award in Hong Kong in 2013. The award is a public survey conducted by international human resources services firm Randstad. The accolade is testimony to CLP Power’s long-standing commitment to attract, nurture and develop talents for the Hong Kong power industry and to invest in human resources development.
CLP Power Hong Kong Limited (CLP Power) and The Hong Kong Polytechnic University (PolyU)-affiliated College of Professional and Continuing Education (CPCE) today (28 March) signed a Memorandum of Understanding in establishing the partnership in nurturing more talents in electrical engineering to cope with the needs brought about by continuing social development. A newly launched Bachelor of Engineering (Honours) in Electrical Engineering Programme has started its admission period and, subject to approval from PolyU, the programme is expected to commence in September 2018.
CLP Group announced today that it has joined the Pilot Scheme on Corporate Summer Internship on the Mainland and Overseas (Pilot Scheme) launched by the HKSAR Government to provide internship opportunities for tertiary students in the summer of 2018.
The problem of underprivileged elderly people on the breadline is an increasingly urgent issue in Hong Kong, with one in three elderly people now living in poverty. Caring for the community has always been one of the core values of CLP Power Hong Kong Limited (CLP Power), it has opened a new Hotmeal Canteen in partnership with Po Leung Kuk in Sham Shui Po, serving nutritious evening meals to elderly people and people in need for just HK$12.
CLP Holdings Limited (CLP) is pleased to announce that the Group continued to perform well in 2017 and our financial results exceeded those of the year before. In 2017, Group operating earnings increased 7.9% to HK$13,307 million from 2016. Total earnings were up 12.1% to HK$14,249 million. These earnings have enabled the Board to approve a fourth interim dividend of HK$1.14 per share for 2017. Together with the three interim dividends already paid, our total dividends this year are HK$2.91 per share, a 3.9% increase from HK$2.80 in the previous year.
CLP Power Hong Kong Limited (CLP Power) is committed to promoting environmental protection through a variety of channels including public education. The company launched the Liberal Studies e-Learning portal LS-energy.hk (www.ls-energy.hk) in 2011 and has been updating the content regularly to reflect changing technology. The portal has attracted more than 330,000 page views since its
CLP Group (CLP) is pleased to announce that it has completed the acquisition of a 17% equity interest in Yangjiang Nuclear Power Co., Ltd. (Yangjiang Nuclear) from CGN Power, strengthening the group’s low carbon investment in Mainland China.
CLP Holdings has won another laurel of recognition for its high standards of corporate governance and reporting after winning two top honours at the Best Corporate Governance Awards presented by the Hong Kong Institute of Certified Public Accountants today.
CLP Power Hong Kong Limited ("CLP Power") supports green motoring and provides a city-wide electric vehicle (EV) charging service to the public. The company today (28 November) announced it will extend the free charging service at its network of EV charging stations until the end of 2018. In addition, a new feature has been added to CLP App and website, allowing the public to check the latest status of CLP Power’s charging stations and locate the nearest vacant charging point.
CLP Power Hong Kong Limited (CLP Power) customers have saved a record-breaking amount of electricity in the third year of the Power Your Love programme, a pioneering initiative combining energy saving with a mission to help the less fortunate in society. The programme also attracted a record number of participants.
CLP Holdings Chairman The Hon Sir Michael Kadoorie joined The Hon Mrs Carrie Lam Cheng Yuet-ngor, The Chief Executive of the Hong Kong Special Administrative Region, and other officiating guests in kicking off Lumieres Hong Kong tonight, underscoring the contribution from CLP in making the city’s largest light festival a great success.
CLP Power Hong Kong Limited (CLP Power) today celebrated Senior Citizens Day with 200 elderly guests from the Yau Tsim Mong, Kowloon City, and Kwun Tong districts at a Sharing the Festive Joy community luncheon. The colourful themed event, jointly hosted by the Tung Wah Group of Hospitals, gave guests the opportunity to experience the culture and customs of different countries.
Siemens Limited and CLP Innovation Enterprises Limited, a wholly-owned subsidiary of CLP Holdings Limited, have signed a Memorandum of Understanding (MoU) to foster collaboration on exploring and developing smart city and next generation energy initiatives.
CLP Power Hong Kong Limited (CLP Power) today honoured 46 winning businesses and organisations from more than 7,000 entrants for its sixth GREENPLUS Award programme, which rewards innovative energy saving and environmental awareness practices.
Hong Kong University of Science and Technology’s Associate Vice-President for Research and Graduate Studies and Chair Professor of the Department of Civil and Environmental Engineering Professor Charles Ng has been named CLP Holdings Professor of Sustainability.
City University of Hong Kong (CityU) and CLP Power Hong Kong Limited (CLP Power) inaugurated the CLP Power Low Carbon Energy Education Centre (the Centre) on CityU campus today (30 October) to raise public awareness on the impact of climate change and the importance of low carbon energy sources.
Twelve Po Leung Kuk primary schools have been awarded Green Elites Campus accreditation after organising a series of environmental activities and energy saving exercises under the CLP Power Hong Kong Limited (CLP Power) Green Elites Campus Accreditation Programme. Four of the schools received the programme¡¦s Most Outstanding Award at a presentation ceremony on 17 October for their exceptional performance.
CLP Power Hong Kong Limited ("CLP Power") today (17 October) inaugurates the new CLP Power Academy, offering accredited professional programmes for electrical and mechanical tradespeople and individuals aspiring to a career in the power industry.
More than 700 guests from all walks of the community including government officials, students, business partners, representatives from the community, and shareholders of CLP Holdings Limited (CLP) on Monday attended the premiere of “A Century of Power”, a documentary about the history of CLP as part of the heritage of Hong Kong.
CLP Power Hong Kong Limited (CLP Power) today hosted a Mid-Autumn Festival celebration in partnership with Sik Sik Yuen for more than 200 elderly people from the Sham Shui Po and Kwun Tong districts as part of the company’s Sharing the Festive Joy programme.
CLP Power Hong Kong Limited (CLP Power) has recently added 15 new electric vehicles (EVs) to its company fleet, enhancing its efforts in the movement for a greener, smarter Hong Kong. The new vehicles are the first of their kind in a Hong Kong corporate fleet and are capable of travelling as far as 400 km when fully charged. CLP Power has also opened a new multi-standard EV quick charger at the Ocean Terminal car park in Tsim Sha Tsui to cater to the public's growing demand for green motoring.
CLP Power Hong Kong Limited (CLP Power) today held a CLP Volunteers Appreciation Ceremony to honour employees for their dedication in helping the community. In 2016, the CLP Volunteers Team organised and took part in 70 programmes, and gave more than 11,300 hours of service to the community with one individual contributing 183 hours to volunteer work. Director of Social Welfare Ms Carol Yip joined CLP Power Managing Director Mr T K Chiang, Chief Corporate Development Officer Ms Quince Chong, and other CLP Power executives and presented appreciation certificates to more than 100 outstanding volunteers.
CLP Holdings Limited (CLP) is pleased to announce that in the first half of 2017 the Group continued to deliver largely stable earnings amid challenging markets and secured regulatory certainty in Hong Kong.
During this period, the Group's operating earnings were HK$5,914 million, a decrease of 3.8% compared with the first half of 2016, largely due to unfavourable market conditions in Mainland China and the impact of increased volatility in the Australian energy market. Total earnings decreased by 3.5% to HK$5,909 million. The Board decided to increase the level of our first and second interim dividends from HK$0.57 per share in 2016 to HK$0.59 per share this year.
CLP Power Hong Kong Limited (CLP Power) has launched a new mobile phone app that allows customers to settle utilities bills instantly through the PPS payment platform for the first time in Hong Kong. The new app has a host of new features, including simplified move in procedure and bill payment functions, and online shopping for smart products to encourage customers to embrace greener lifestyles.
Castle Peak Power Company Limited (CAPCO) announces that its wholly-owned subsidiary Castle Peak Power Finance Company Limited has successfully priced US$500 million 3.25% senior unsecured notes due 2027 (the Notes) under Castle Peak Power Finance Company Limited's US$2 billion Medium Term Note Programme (MTN Programme). The Notes will be unconditionally and irrevocably guaranteed by CAPCO, rated A1 and AA- by Moody's and Standard and Poor's, respectively, and listed on The Stock Exchange of Hong Kong Limited.
Around 6,000 students from 32 secondary schools have completed a new Engineer in School programme organised by CLP Power Hong Kong Limited (CLP Power) to help nurture talent for the future of the power industry. The youngsters from forms two and three took part in school talks, visits, and an Energy Day Camp in the 2016/17 academic year, learning about Hong Kong's power supply and the importance of environmental protection in this educational initiative.
With regard to the severe industrial accident which took place at Gillies Avenue South in Hung Hom yesterday, CLP Power Hong Kong Limited (CLP Power) has made the following prompt arrangements to provide support to the families of the deceased contractor workers:
With regard to the severe industrial accident which took place at Hung Hom Gillies Avenue South yesterday, CLP Power Hong Kong Limited (CLP Power) together with the contractor, is now facilitating relevant government departments in conducting an investigation on the incident. Since an investigation is currently underway, it is not appropriate for the company to further comment on the incident at this stage.
CLP Power Hong Kong Limited (CLP Power) is deeply saddened by the death of three contractor workers resulting from an industrial accident which occurred in Hung Hom today (10 July). The company would like to express its deepest condolences to the families of the deceased.
To combat climate change and support the government’s vision to develop Hong Kong into a smart city, CLP Power Hong Kong Limited (CLP Power) today announced the launch of a one-year Smart Energy Programme, for which smart meters have been installed for 26,000 selected residential customers. With the Advanced Metering Infrastructure (AMI) system, customers are given timely access to data on their electricity consumption, and are encouraged to lower their energy use at peak times and save on electricity bills through a change in their consumption habits.
CLP Power Hong Kong Limited (CLP Power) today hosted a Tuen Ng festival celebration in partnership with Baptist Oi Kwan Social Service for more than 200 senior citizens from the Sham Shui Po, Kwai Tsing, Tai Po, and Yau Tsim Mong districts as part of the company’s Sharing the Festive Joy programme.
CLP Power Hong Kong Limited (CLP Power) today launches its Power Your Love programme for a third year, with theme “Save Energy, Save On Bills and Light Up Lives”. Residential customers can register online and save energy at home this summer. CLP Power will then donate the equivalent amount of electricity they save to offset the electricity costs of around 20,000 households in need.
CLP Power Hong Kong Limited ("CLP Power") and the Vocational Training Council (“VTC”) today (21 April) signed a ground-breaking deal to launch a Professional Diploma course in Power Engineering which will nurture and fast-track professionals for the engineering industry. The part-time course, which can be completed within a minimum period of one year, will give Electrical and Mechanical (E&M) tradespeople the opportunity to advance their careers by studying for a professional diploma study and qualifying as technicians. The initiative has been launched in response to rising demand for skilled engineers and reflects CLP Power’s dedication to people development and technical skill succession. Enrolment for the course will start in July 2017.
Today’s customers demand smart energy solutions to keep pace with fast-changing trends in technology. To meet those rising expectations, CLP Power Hong Kong Limited (CLP Power) has given its customer service centre in Yuen Long a major facelift to transform it into a Smart Energy Experience Centre. The company has also partnered with the Hong Kong Science and Technology Parks Corporation (HKSTP) to introduce smart home devices suitable for small flats in Hong Kong at the centre, using innovative technology developed by start-up companies in the HKSTP to promote smarter, greener, low-carbon lifestyles.
CLP Power Hong Kong Limited (CLP Power) attaches great importance to innovation and knowledge sharing, and is a keen supporter of the government’s promotion of STEM (Science, Technology, Engineering and Mathematics) education. In an initiative to inspire young people's interest in engineering profession and encourage them to develop inquiring and problem-solving skills through hands-on experience, CLP Power organised workshops at the Maker Faire Hong Kong 2017 x Make Big event on 8 and 9 April. More than 3,800 people visited and took part in the workshops, giving them a better understanding of the concepts of power transmission and distribution, as well as renewable energy.
CLP Power Hong Kong Limited (CLP Power) has attracted 170 teams and some 1,700 contestants with its first Please Come and Save the Earth Music Contest. A shortlist of 27 teams competed for a variety of awards in kindergarten and open categories at the contest's finals and presentation ceremony.
CLP Holdings Limited (CLP) is pleased to announce today that Group operating earnings in 2016 increased 7.1% to HK$12,334 million from a year earlier. Total earnings were down 18.8% to HK$12,711 million after taking into account one-off items that affected comparability including a significant contribution from the sale of the Iona Gas Plant in Australia in 2015. The Board has recommended a fourth interim dividend for 2016 of HK$1.09 per share which, together with the three dividends already paid, brings 2016’s total dividends to HK$2.80 per share, an increase from HK$2.70 in the previous year.
CLP Power Hong Kong Limited (CLP Power) is saddened by the death of a contractor worker during an industrial accident which occurred in Castle Peak Power Station today (21 February), and the company wishes to express its deepest condolences to the family of the deceased.
Following the directives and continuous support from the Environmental Protection Department (EPD), CLP Power Hong Kong Limited (CLP Power), operator of Castle Peak Power Company Limited (CAPCO), announced a preliminary agreement between CAPCO and the West New Territories (WENT) Landfill contractor, a subsidiary of SUEZ, to support the Government’s policy of promoting waste-to-energy and renewable energy initiatives. Subject to the final consent under the EPD’s landfill contract by the EPD, CAPCO will install power generation units on the site which will utilise landfill gas as fuel. The electricity produced will then be transmitted to CLP Power’s existing power grid.
CLP Holdings Limited today announced a number of continuing connected transactions between the CSG Group and the CLP Group in accordance with the Listing Rules. These transactions were entered into in the ordinary and usual course of business of the CLP Group.
CLP Power Hong Kong Limited (CLP Power) today announced that a total of HK$36 million has been approved for 83 projects since the launch of the CLP Eco Building Fund in 2014. The fund provides subsidies to residential buildings to carry out improvement works to enhance energy efficiency in communal areas and covers both single-block residential buildings and multiple-block housing estates within the CLP Power supply area.
CLP Holdings (CLP) continued to showcase excellence in corporate governance and reporting by winning top honours at the Best Corporate Governance Awards in Hong Kong, bringing the tally of its worldwide awards in connection with the 2015 Annual Report, its online snapshot as well as the Sustainability Report to over 30 to date.
CLP Power Hong Kong Limited (CLP Power) welcomes the Executive Council's approval today (13 December) for the construction of one additional gas-fired generation unit as a response to meet the government target of increasing the percentage of local gas generation to around 50% of the total fuel mix in 2020, as well as for meeting the pledged environmental targets and the carbon intensity reduction target. CLP Power will begin the construction work as soon as possible and targets to have the new unit in commercial operation before 2020, helping Hong Kong's transformation into a smarter and greener city.
CLP Power Hong Kong Limited (CLP Power) announced today (13 December 2016) that its Average Total Tariff for 2017 will be frozen at HK$1.132 per unit of electricity with a special fuel rebate of 2.3 cents per unit of electricity for all CLP customers.
More than 100 teachers and students today attended the first Energy Day Camp at the CLP Power Shatin centre and the Hong Kong Science and Technology Park. The event was organised by CLP Power Hong Kong Limited (CLP Power) as part of a new educational initiative called the Engineer in School programme.
CLP Holdings Limited (CLP) has won a CFO Innovation award for Excellence in Treasury Management Transformation, recognising the Group’s success in modernising its treasury management practices with early adoption of a new international financial reporting standard.
CLP Group (CLP) is pleased to announce that it entered into a conditional Equity Transfer Agreement with CGN Power today to acquire a 17% equity stake in Yangjiang Nuclear Power Co., Ltd. (Yangjiang Nuclear).
International Electric Research Exchange (IERE) and CLP Research Institute (CLP-RI), a subsidiary of CLP Holding Limited, co-hosted a workshop entitled "Smart Cities - A Convergence of People, Technologies and Big Data" on 21-24 November 2016 in Hong Kong. The workshop gathered over 100 industry experts, business executives, academia and R&D professionals from Japan, Korea, Mainland China, South Africa, Germany, Netherlands, Mexico, Malaysia and Hong Kong to share insights on the latest research and initiatives of how technologies, big data and their intelligent applications can enable people’s interaction with city facilities and infrastructure, making urban living safer, more convenient, efficient and comfortable.
CLP Power Hong Kong Limited (CLP Power) today (24 November) announced it will extend free charging for Electric Vehicles (EVs) at its network of 45 charging stations until the end of 2017. This is an effort to support the Government's mission to make Hong Kong a greener, smarter city.
CLP Power Hong Kong Limited (CLP Power) today celebrated Senior Citizens Day by hosting a Sharing the Festive Joy community luncheon for 300 elderly guests from Kwun Tong, Kowloon City, Wong Tai Sin, Sham Shui Po, Yau Tsim Mong and Sha Tin. The theme of the event was Healthy Lifestyle and it included entertainment for senior citizens along with tips on how to keep exercising and stay healthy.
CLP Power Hong Kong Limited (CLP Power) today hosted its fourth Green Building Symposium, inviting businesses and organisations to exchange ideas on how to make Hong Kong a smarter and greener city. More than 300 participants from different business sectors and representatives of the building industry took part in the event at which CLP Power showcased the latest energy efficiency initiatives for business customers to go green and save energy.
CLP Power Hong Kong Limited (CLP Power) today is presented the Social Welfare Department’s first Outstanding Contribution Award of the Partnership Fund for the Disadvantaged (PFD). The award recognises CLP Power’s unwavering support of PFD since the fund was established in 2005. Over the years, CLP Power has worked hand-in-hand with PFD and provided financial support to a number of non-governmental organisations in organising 18 social welfare projects for the disadvantaged. Ms Quince Chong, CLP Power Chief Corporate Development Officer, received the Outstanding Contribution Award from Mrs Carrie Lam, Chief Secretary for Administration, at the award presentation ceremony today.
CLP Power Hong Kong Limited (CLP Power) today awarded Green Elites Campus accreditation to 11 primary schools run by Po Leung Kuk (PLK) in recognition of their dedicated efforts towards environmental protection. Four of the schools received the Most Outstanding Award for their exceptional performance.
CLP Power Hong Kong Limited (CLP Power) today announced the winners in its fifth GREENPLUS Award programme which rewarded businesses and organisations working to save energy in their daily operations. To mark the fifth anniversary of the programme, special trophies were presented for five specific areas of achievement: passion, concerted efforts, innovation, effectiveness and sustainability.
CLP Power Hong Kong Limited (CLP Power) today held a Mid-Autumn Festival celebration for 200 elderly people from the Tsuen Wan district as part of its successful Sharing the Festive Joy programme, which encourages greater care and respect in the community for senior citizens
CLP Power Hong Kong Limited (CLP Power) held a graduation ceremony on 27 August for its fourth CLP Junior Green Engineer Programme, an environmental education programme which attracted a record 2,300 entries from primary schools across Hong Kong.
HKT Limited (SEHK: 6823) (HKT) and CLP Holdings Limited (SEHK: 0002) (CLP) have formed an equal joint venture, Smart Charge (HK) Limited, to offer total electric vehicle (EV) charging solutions in Hong Kong to meet increasing market demand.
CLP Power Hong Kong Limited (CLP Power) today launches the POWER YOU Kindergarten Education Kit, an innovative initiative underscoring the company's commitment to public education. The electricity-themed education kit aims to spark interest among students in the world of electricity, giving them a basic knowledge about energy and teaching them good habits in energy efficiency. CLP Power is the first commercial body to develop an education kit to be given free to all kindergartens in Hong Kong.
CLP Holdings Limited (CLP) organised the CLP Young Power Programme (YPP) – Energy Carnival today as the finale of the programme's Hong Kong Chapter. At the fun-packed carnival, secondary students put to work their creativity to raise public awareness on energy and environmental issues at the Zero Carbon Building. The YPP is an annual educational programme designed for secondary students in Hong Kong and Nanning, Guangxi to enhance their knowledge on energy and environmental issues, instil interest in the engineering profession and nurture young and visionary leadership.
In the first six months of 2016, the Group’s operating earnings were HK$6,149 million, an increase of 11.3% compared with the corresponding period in 2015. This reflected growth in both our core business in Hong Kong and our overseas operations. The Group’s total earnings for the first half of 2016 were HK$6,125 million, a rise of 7.0% from the same period of last year. These positive results have enabled us to raise the level of both our first and second interim dividends from HK$0.55 per share a year ago to HK$0.57 per share in 2016.
CLP Power Hong Kong Limited (CLP Power) today held a Tuen Ng festival celebration for 200 elderly people from the Tuen Mun district as part of its Sharing the Festive Joy programme. The event was jointly hosted by Yan Oi Tong and aimed to encourage care and respect for senior citizens.
CLP Holdings Limited (CLP) is pleased to announce the establishment of an endowed professorship in sustainability at The Hong Kong University of Science and Technology (HKUST) - the first of its kind for HKUST and among universities in the city. Earlier this week, the senior executives of CLP and HKUST celebrated this collaboration at a signing ceremony organised on university campus.
CLP Power Hong Kong Limited (CLP Power) has today (15 May) received customer enquiries concerning emails purporting to be issued jointly by the two power companies, claiming that customers are eligible to receive refund payments. A hyperlink has been provided that requires customers to input personal data for the refund.
In an exciting initiative to raise awareness about climate change and energy conservation, CLP Power Hong Kong Limited (CLP Power) is hosting an event called “Let’s Combat Climate Change, CLP Green Studio Eco Carnival” on 14 and 15 May at Olympian City. During the two-day event, the revamped Green Studio mobile classroom will be open to the public and will premiere a new movie titled The Amazing 4D Green Adventure. The fun-packed weekend carnival will also feature a number of interactive eco games, a trial induction cooking area for parents and children, and display the latest energy saving electrical appliances.
CLP Power Hong Kong Limited (CLP Power) is running its successful Power Your Love programme for a second time to light up the lives of tens of thousands people in need. The world-first initiative combines energy saving with a mission to help the less fortunate in society. Residential customers of CLP Power simply need to register and conserve energy from 15 June to 14 August 2016. In return for every unit of electricity saved compared to the same period last year, CLP Power will donate one unit of electricity to the households in need.
In response to the government's policy to increase the use of natural gas in power generation, CLP Power Hong Kong Limited (CLP Power) is taking forward the development work to build an offshore liquefied natural gas (LNG) terminal in Hong Kong waters. The project will not only enable Hong Kong to have direct access to the international market for gas supplies at competitive prices and enhance the city's bargaining power for natural gas purchases, but also improve Hong Kong's energy security with diversified sources of natural gas. A project profile of the proposal has been submitted to the Environmental Protection Department and is now available for a 14-day public inspection.
Tens of thousands of free dim sum breakfasts will be served up from today under the Elderly Yum Cha community programme organised by CLP Power Hong Kong Limited (CLP Power). With coupons and their senior citizens cards, elderly people can from today until 30 June 2016 enjoy two dim sum options at more than 170 participating restaurants in 14 districts. As well as enjoying free breakfasts, the programme offers senior citizens an opportunity to expand their social networks.
CLP Holdings Limited (CLP) announced today new continuing connected transactions between the CLP Group and the CSG Group in accordance with the Listing Rules. These transactions were entered into in the ordinary and usual course of business of the CLP Group.
CLP Power Hong Kong Limited (CLP Power) has been voted the Most Attractive Employer out of 75 largest companies in Hong Kong at the Randstad Award 2016, a public survey conducted by international human resources services firm Randstad. The accolade is testimony to CLP Power’s long-standing commitment to attract, nurture and develop talents for the Hong Kong power industry and to invest in human resources development.
CLP Power Hong Kong Limited (CLP Power) has proposed building an additional gas-fired generation unit with an advanced design at Black Point Power Station in support of the government's policy of using more natural gas for generation and to ensure the continuing reliability of its power supply. An Environmental Impact Assessment report on the proposal has been submitted to the Environmental Protection Department and is available for public inspection from today.
CLP Power Hong Kong Limited (CLP Power) will serve up tens of thousands of free dim sum breakfasts to the elderly in a return of its popular Elderly Yum Cha community initiative. Working with four major catering associations and members of 14 District Councils in Kowloon, the New Territories and outlying islands, the programme will provide 80,000 breakfast coupons for 40,000 senior citizens to enjoy free breakfasts and expand their social networks.
CLP Power Hong Kong Limited (CLP Power) Director of Information Technology (IT) Mr Andre Blumberg has received the Chief Information Officer (CIO) Award in the Large Enterprise category at the Hong Kong CIO Awards 2016, an event co-organised by Computerworld Hong Kong and CIO Connect. The award recognises his outstanding achievements in the innovative application of technology, and his success in helping deliver business value for customers.
CLP Holdings (CLP) is pleased to announce today that a significant growth in overseas earnings has contributed to record performance in 2015. During the year, the Group’s operating earnings increased 15% from a year earlier to HK$11,533 million, driven primarily by a 29% increase in the contribution from overseas businesses. Total earnings were up 40% to HK$15,670 million. Rises in operating earnings were recorded in all of our five geographical divisions, most notably in India and Mainland China. The Board has recommended a fourth interim dividend of HK$1.05 per share for 2015. Together with the three interim dividends already paid, our total dividend this year is HK$2.70 per share, an increase from HK$2.62 on the previous year.
CLP Power Hong Kong Limited (CLP Power), operator of Castle Peak Power Company Limited (CAPCO), announced a contract signed between CAPCO and CNOOC Limited yesterday (4 February) to bring in natural gas from the Wenchang Gas Field in the South China Sea using the existing Yacheng pipeline. The gas is expected to reach Hong Kong from 2018 onwards, providing a medium term supply of natural gas to CLP Power.
CLP Power Hong Kong Limited (CLP Power) has been honoured with Hong Kong Top Service Brand award at the 2015 Hong Kong Top Brand Awards in recognition of the company’s achievements in brand building, innovative service development and quality management.
CLP Power Hong Kong Limited (CLP Power) has been honoured with an award for Market Leadership in Public Service at the inaugural Market Leadership Award organised by the Hong Kong Institute of Marketing (HKIM). The accolade recognises CLP Power’s distinguished achievements in promoting energy efficiency and conservation through an effective marketing strategy, integrated branding initiatives and campaigns.
CLP Power Hong Kong Limited (CLP Power) has won a prestigious regional award for the excellence of its knowledge management. The company received the Asian Most Admired Knowledge Enterprise (MAKE) Award 2015 yesterday (21 January), recognising its outstanding performance in creating a knowledge-driven culture and promoting skills succession in the power industry.
CLP Holdings Limited (CLP) announced today a number of continuing connected transactions between the CSG Group and the CLP Group in accordance with the Listing Rules. These transactions were entered into in the ordinary and usual course of business of the CLP Group.
A pioneering initiative by CLP Power Hong Kong Limited (CLP Power) called Power Your Love has achieved a record-breaking result by saving energy equivalent to the annual electricity consumption of more than 2,000 households. The programme – the first in the world to combine energy saving with a mission to help the less fortunate in society – was participated by over 200,000 customers who between them saved 9.5 million kWh of electricity, the highest amount saved in any energy saving initiative by CLP Power.
CLP Power Hong Kong Limited ("CLP Power") received a notification yesterday (20 December) that the impact of the Shenzhen landslide incident has led to the temporary suspension of natural gas to Hong Kong through the 9,000-km-long Second West-East pipeline (WEPII) as a section of the pipeline was damaged. Upon receiving the notification, CLP Power immediately activated its contingency arrangements to ensure its electricity supply to customers was unaffected.
With regard to an online report purportedly quoting CLP Director – Group Sustainability Jeanne Ng’s comments in a side event at the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21), CLP Holdings (CLP) would like to make the following responses:
CLP Power Hong Kong Limited ("CLP Power") has been given the highest Platinum title in the Environmental, Health and Safety Award (Corporate) of the Hong Kong Green Awards 2015. The award recognises CLP Power employees' excellence in environmental, health and safety management, and for putting best practices to work in its daily operations. The judging panel was particularly impressed by CLP Power's environmental performance in its operations, policies setting, management processes, training and promotion, as well as handling of information.
CLP Holdings (CLP) has clinched five honours in corporate governance disclosure and reporting by demonstrating excellence in communicating the social, environmental and financial elements of its operations across Asia-Pacific through an integrated approach.
As part of its commitment to expand electric vehicle (EV) charging services across its power supply network to encourage green motoring, CLP Power Hong Kong Limited (CLP Power) announced today (26 November) that it will extend free charging for electric vehicles at its 40 charging stations until the end of 2016 to encourage more people to switch to green motoring.
Hundreds of talented young students have showcased their creativity and green awareness in an entertaining environmental education challenge called School and Home Energy Saving Scheme 2015 - Energy Saving’s Got Talent. Organised by CLP Power Hong Kong Limited (CLP Power) together with the Business-School Partnership Programme under the Education Bureau, the contest offered secondary school students the chance to display their ingenuity and environmental awareness by submitting entries in the form of drama and dance performances, short films and songs with a theme of energy saving.
CLP Power Hong Kong Limited (CLP Power) has today (22 November) received more than 100 customer enquiries concerning a bogus pre-recorded phone message purporting to be from CLP Power, informing them of abnormalities with their accounts or outstanding payments. The hoax messages inform customers that their electricity supply will be terminated within two hours because CLP has been acquired by another company.
CLP Power Hong Kong Limited (CLP Power) has become the first company in Asia to be awarded a prestigious international certification for its fuel procurement practices, receiving the highest Platinum Level Corporate Certification Advanced Standard from the Chartered Institute of Procurement and Supply (CIPS) today (20 November). The certification from CIPS, a leading global procurement professional institute, recognises CLP Power in its excellence in fuel procurement strategies and processes that integrate the opportunities and risks in the supply market to maximise business benefits.
CLP Power Hong Kong Limited (CLP Power) today celebrated Senior Citizens Day with a Sharing the Festive Joy community luncheon for some 400 elderly guests from the Kowloon City and Wong Tai Sin districts. The colourful event aimed at spreading care and love, and promoting positive attitudes towards ageing to the elderly was jointly hosted by the Tung Wah Group of Hospitals and Hong Kong Sheng Kung Hui Welfare Council Limited.
CLP Power Hong Kong Limited (CLP Power) today hosted its third Green Building Symposium, inviting various corporates with successful green building performance to share ideas and initiatives on how to make Hong Kong buildings more energy efficient. Over 300 participants from various business sectors and representatives from the building industry took part in the symposium. CLP Power also took the opportunity to introduce the latest technologies including the introduction of the Meter Online upgrade service and Energy Modelling that improve energy efficiency.
CLP Holdings (CLP) is pleased to announce that Vinh Tan 3 Energy Joint Stock Company (VTEC), co-owned by CLP, today signed a Memorandum of Understanding (MoU) with China Development Bank Corporation (CDB) regarding the Vinh Tan 3 power project in Vietnam.
CLP Holdings (CLP) is pleased to announce the commissioning of Phase II of Xicun Solar Power Station in Yunnan Province following the successful completion of Phase I of the project in December last year. The combined project is CLP’s first wholly-owned photovoltaic plant and Yunnan's first large-scale demonstration project of agriculture-and-solar integration. It underscores the company’s continual commitment in Mainland China as a key growth market with a focus on developing renewable energy and high efficiency thermal projects.
Electricity is vital to our everyday lives. With the launch of major infrastructure projects and the continuing growth of Hong Kong’s population, there is a constant and pressing need for new talent in the power industry.
CLP Power Hong Kong Limited (CLP) is preparing to mark a half century of its highly successful CLP Training School in an anniversary that demonstrates the company’s commitment to develop world-class talent to support Hong Kong’s vital power industry. The CLP Training School, renamed the Power Academy in 2013, was set up in 1966 and has nurtured generations of engineers in a broad range of positions and disciplines in its five decades of excellence.
More than 8,000 students from 11 Po Leung Kuk primary schools are embarking on a journey of discovery about how to live greener lifestyles by joining the CLP Power Hong Kong (CLP Power) Green Elites Campus Accreditation Programme for the academic year 2015/16 which features multi-faceted learning experience and platforms. Schools with excellent performance will be awarded Green Elites Campus Accreditation.
CLP Holdings Limited (CLP) announced that it has reached agreement to sell EnergyAustralia's entire interests in the Iona Gas Plant in the State of Victoria, Australia, for a cash consideration of A$1,782 million (HK$9,882 million). The purchasers are ultimately owned by Queensland Investment Corporation (QIC) consortium comprising the QIC Global Infrastructure Fund and existing QIC clients. QIC is a global diversified alternative investment firm owned by the Government of the State of Queensland and one of the largest institutional investment managers in Australia.
CLP Power Hong Kong Limited (CLP Power) has been given recognition for its diverse range of volunteer projects and its enthusiastic support of community work with the presentation of the Corporate Award in the Hong Kong Volunteer Award programme.
CLP Power Hong Kong Limited (CLP Power) has won three top awards in the Hong Kong Management Association (HKMA) Award for Excellence in Training and Development 2015 in recognition of its dedication to nurturing and encouraging talents for the Hong Kong power industry. The three awards were the special 25th Anniversary Award for Most Dedicated Organisation to People Development, the Excellence Award for Excellence in Training and Development (Development Category), and the Outstanding New Trainer Award.
CLP Power Hong Kong Limited (CLP Power) today honoured 64 winning businesses and organisations from more than 5,000 entrants in its fourth GREENPLUS Award programme, which rewards efforts towards energy saving and environmental awareness in the workplace.
CLP Power Hong Kong Limited (CLP Power) and Caritas-Hong Kong today jointly hosted a Sharing the Festive Joy community luncheon, bringing Mid-Autumn festival cheer into the lives of 180 elderly guests from North District and remote villages.
CLP Holdings (CLP) is pleased to announce that it has issued its first green bond through its wholly-owned subsidiary CLP Wind Farms (India) to fund the development of wind projects in India, underpinning CLP’s commitment to diversifying financing options and developing renewable projects in India, where it is the largest wind power developer.
CLP Power Hong Kong Limited (CLP) has created the largest Sky Woodland in Hong Kong at its Chui Ling Road substation in Tseung Kwan O. CLP hopes the success of the Sky Woodland project will generate interest and discussion among other businesses and organisations and provide a blueprint for further rooftop greening across the city.
CLP Power Hong Kong Limited (CLP Power) hosted a graduation ceremony for the Junior Green Engineer Programme 2015 on 5 September 2015, congratulating 130 primary school students who completed a fruitful summer programme of green missions encompassing areas like engineering, science and environmental conservation. Mentored by CLP engineers, the youngsters gained vital knowledge about power generation, electrical engineering and the importance of energy efficiency and conservation.
CLP Holdings Limited (CLP) organised a finale event today to conclude this year's Young Power Programme (YPP), where 74 students from 22 secondary schools in Hong Kong competed in terms of creativity, knowledge and teamwork through thematic presentations relating to energy and the environment. The guests and judges in attendance were impressed with the students' performances that brought forth the best of their learning results from the programme.
In the first six months of 2015, the Group’s operating earnings reached HK$5,525 million, a 16% increase over the corresponding period of last year. Total earnings were down by 15% to HK$5,723 million simply because a one-off gain from the acquisitions of Castle Peak Power Company Limited (CAPCO) and Hong Kong Pumped Storage Development Company, Limited (PSDC) was booked in 2014. Due to the positive results, we have increased the level of both first and second interim dividends from HK$0.54 per share a year ago to HK$0.55 per share this year.
At the press conference of CLP Holdings Limited's 2015 interim results announcement today, CLP Power Hong Kong Limited Vice Chairman Mrs Betty Yuen made the following comments regarding the future development of the electricity market in Hong Kong and tariff level for 2016.
CLP Power Hong Kong Limited (CLP Power) has been presented with the Grand Caring Award (Enterprise Group) in the Corporate Social Responsibility (CSR) Recognition Scheme – Industry Cares by the Federation of Hong Kong Industries (FHKI) in recognition of its innovative and effective community care projects.
CLP Power Hong Kong Limited (“CLP Power”) announced today (28 July 2015) that all CLP customers will receive a special fuel rebate of 8 cents per unit based on their electricity consumption between January and June this year subsequent to a drop in fuel prices in recent months.
CLP Power Hong Kong Limited (CLP Power) today launches a brand new Eco Home Tour called "Smart Living‧Smart Use of Energy", showcasing an ingenious selection of home energy saving technology and devices from around the world. Visitors will be able to take part in interactive games to learn more about low carbon living and will also get the chance to win fabulous green gadgets for their homes.
On 21 May 2015, CLP Holdings celebrated the completion of its Xicun I Solar Power Station in Yunnan Province in the presence of distinguished guests from the Dali Bai Autonomous Prefecture and Binchuan County authorities as well as business partners. The move exemplifies the Group's investment strategy that places Mainland China as a primary growth market with a focus on developing renewable energy projects.
CLP Power Hong Kong (CLP Power) today hosted an awards ceremony to recognise some of the city's most environmentally-conscious schools and students after thousands took part in green awareness programmes aimed at encouraging pupils and their families to adopt lower-carbon lifestyles.
Greener and Smarter Electricity, Enhanced Customer Experience and Effective Regulation are three guiding principles to be sought for in the next set of electricity sector regulatory arrangements, advocated by CLP Power Hong Kong Limited (“CLP Power”) in its response submitted to the Government today (16 June 2015) on the public consultation on the Future Development of the Electricity Market.
CLP Power Hong Kong Limited (CLP Power) today invited 200 elderly people from the Wong Tai Sin and Sham Shui Po districts to celebrate the Tuen Ng Festival with CLP volunteers at a Sharing the Festive Joy event aimed at promoting care and respect for senior citizens in the community.
CLP Power Hong Kong Limited (CLP Power) is treating tens of thousands of elderly people to free dim sum breakfasts in restaurants across the territory in an Elderly Yum Cha community programme run in partnership with 14 District Councils in Kowloon, the New Territories and the Islands, four major catering associations and non-governmental organisations (NGOs). This also enables elders in need to expand their social network.
CLP Power Hong Kong Limited ("CLP Power") announces that its wholly-owned subsidiary CLP Power Hong Kong Financing Limited has successfully priced USD300 million 3.125% senior unsecured notes due 2025 (the "Notes") under CLP Power Hong Kong Financing Limited's USD4.5 billion Medium Term Note Programme. The Notes will be unconditionally and irrevocably guaranteed by CLP Power, rated A1 and A by Moody's and Standard and Poor's, respectively, and listed on The Stock Exchange of Hong Kong Limited.
Speaking at a forum organised by South China Morning Post Spotlight Forum – Hong Kong’s Electricity Market Development: Sharing Experiences from Home and Abroad today (22 April 2015), Mr Richard Lancaster, Chief Executive Officer of CLP Holdings (CLP) gave his views on the future development of the electricity market.
CLP Power Hong Kong (CLP Power) today launched the Power Your Love programme, a unique territory-wide campaign to encourage people to save energy and contribute to the well-being of society by transferring units of electricity saved by customers to help people in need. A HK$6 million fund from CLP shareholders has been earmarked to pay for the electricity bills of around 20,000 underprivileged residential households, such as single elderly people, families living in sub-divided flats and the families of boarders in special schools.
The following are remarks made by Mrs Betty Yuen, Vice Chairman of CLP Power Hong Kong Limited, on the future development of the electricity market after officiating at the launch of Power Your Love programme today:
• The future development of the electricity industry and its regulatory framework will have far-reaching consequences on the community. Given the complexity of the subject, it will be important to make sure the public is clear on its objectives, and has a thorough understanding of relevant issues and the implications of the proposals put forward for future development.
CLP Power Hong Kong Limited (CLP Power) has won the Best Business Solution (Application) Bronze Award in the Hong Kong ICT (Information and Communications Technology) Awards 2015 with its Eco Optimizer 2.0, an online home energy management tool which is designed to motivate its 2.1 million residential customers to change their energy consumption behaviour. The award recognises CLP Power's efforts and achievements in promoting energy efficiency and conservation.
CLP Power Hong Kong (CLP Power) today hosted an award presentation ceremony for the School and Home Energy Saving Scheme 2014 and launched an exciting new environmental education challenge called Energy Saving’s Got Talent 2015 under the CLP GREENPLUS School Programme.
In response to the Consultation Document on the Future Development of the Electricity Market issued by the Environment Bureau today, CLP Power Hong Kong Limited (CLP Power) notes the Government's analysis of the current electricity market, its proposal for some possible options to improve the regulatory arrangement, and laying out of the plan to implement the fuel mix for electricity generation in 2020 to meet the demand for electricity and achieve the environmental targets. CLP Power will work closely with the Government and the community to draw up the regulatory arrangement for the future electricity market to deliver the best long-term value for Hong Kong.
CLP Holdings Limited announced today that Beijing Yire Power Station ceased operation on 20 March at the request of Beijing municipal authorities. This came as part of the city's effort to combat air pollution by reducing coal-fired generation in Beijing.
CLP Power Hong Kong Limited (CLP Power) prides itself on its commitment to nurture quality professionals for the power industry through a comprehensive training system. That dedication to excellence has been recognised with two CLP Power engineering staff winning the Young Engineer of the Year Award from the Hong Kong Institution of Engineers (HKIE) and the Outstanding Apprentice Award from the Vocational Training Council (VTC).
CLP Power Hong Kong (CLP Power) has always strived for customer service excellence by offering greater convenience and valuable service to the customers. In the Customer Service Excellence Award 2014 organised by the Hong Kong Association for Customer Service Excellence (HKACE), CLP Power clinches Silver Award in the "Grand Award" category and Bronze Award in the "Outstanding Customer Service Programme Award" category with the CLP "Save Now for a Better Future" energy saving competition campaign. Customer Relations Officer, Ms Natalie Tse, scoops Gold Award in the "Contact Centre Service Individual Award" category.
CLP Holdings Limited announced today that the share transfer agreement entered into by CLP Power China Limited (CLP China, an indirect wholly-owned subsidiary of CLP Holdings) on 2 April 2014, whereby CLP China agreed to sell the entire issued share capital and all related shareholder’s loans of CLP Power China (Tianjin) Limited and CLP Power China (Shenmu) Limited, which respectively hold CSEC Guohua and Shenmu power projects, lapsed on 31 December 2014.
CLP Holdings Limited announced today a number of ongoing transactions entered into between the CSG Group and the CLP Group, which became continuing connected transactions of CLP Holdings Limited as from 12 May 2014. These transactions were conducted in the ordinary and usual course of business of the CLP Group.
CLP Power Hong Kong Limited (CLP Power) has been promoting green motoring in Hong Kong through the development of an electric vehicle charging network. CLP Power today (23 December) announces it will extend free charging for electric vehicles at all 146 charging points at its 39 charging stations until the end of 2015 to continue the promotion of green driving.
CLP Power Hong Kong Limited (CLP Power) received two Corporate Green Governance awards - Corporate Green Governance Award – Grand Award and Corporate Green Governance Award – Stakeholders Engagement at the Hong Kong Green Awards 2014 award presentation ceremony organised by the Hong Kong Green Council last Friday (12th December 2014). The awards recognised CLP's efforts in environmental protection and stakeholder communication.
CLP Power Hong Kong Limited (CLP Power) today announced that the Average Total Tariff increase for 2015 will be 3.1%. Average Basic Tariff will decrease by 1.2 cents per unit of electricity to a level lower than that in 1998. Due to increased fuel costs, Fuel Cost Adjustment will increase by 4.6 cents per unit of electricity. The Average Total Tariff will be HK$1.142 per unit of electricity. The adjusted tariff will take effect on 1 January 2015.
CLP Power Hong Kong Limited (CLP Power) has approved its first energy efficiency improvement work under the CLP Eco Building Fund launched in June. The 37-year-old single residential block, the Ming Fat Building in To Kwa Wan, is expected to save 5% in annual electricity consumption and expense after the work is completed.
In partnership with Po Leung Kuk, CLP Power Hong Kong Limited (CLP Power) expands its Hotmeal Canteen service to Kwai Tsing and Kwun Tong areas to provide single and couple elders and needy families nutritious breakfast, lunch and dinner at discounted price. At the opening of the Po Leung Kuk Kwai Chung Family Joy Centre today, CLP Power Chief Corporate Development Officer Ms Quince Chong joined Chairman of Po Leung Kuk Ms Angela Leong, Vice Chairman of Po Leung Kuk Dr Eleanor Kwok and Chairman of Elderly Commission Professor Alfred Chan Cheung-ming to welcome the elderly people and enjoyed a tasty lunch with them at the canteen.
CLP Power Hong Kong (CLP Power) is pleased to announce the winning of three awards including the "Gold Award", "Top 10 Prestigious Corporate Brand Award" and "Top Socially Responsible Employer Award" in the Prestigious Corporate Brands Awards 2014, jointly organised by Ming Pao and the Chinese University of Hong Kong.
CLP Holdings has once again highlighted its leadership and excellence in corporate governance and reporting after winning four top honours in the Hong Kong Institute of Certified Public Accountants’ Best Corporate Governance Disclosure Awards 2014 and the 2014 Hong Kong Management Association’s Best Annual Reports Awards.
CLP Power Hong Kong Limited (CLP Power) today (16 November) celebrated the 20th anniversary of the CLP Volunteer Team (CLPV) in typically caring style with a festive event to coincide with Senior Citizens Day. A team of volunteers hosted a reception for 400 elderly people in the fourth of a series of get-togethers in an ongoing CLP programme called “Sharing the Festive Joy” which aims to spread a spirit of care and harmony in the community. Each of the 400 elderly guests was presented with a patchwork quilt to keep them warm through the winter months ahead.
CLP Power Hong Kong Limited (CLP Power) has extended the Home Energy Report pilot scheme to all of its residential customers. From November, 2.1 million households can get their own Home Energy Report with a unique analysis of their electricity use, how it compares to other households and a series of detailed energy saving tips by accessing to a web portal, enabling them to better understand and manage their consumption.
CLP Volunteer Team has won the Champion award in the General Corporate Group category of the “2013-14 Best Corporate Volunteer Service Project Competition” with its “Rewiring and Home Electricity Safety Service Programme” at the “2014 Corporate Volunteering Award Presentation Ceremony” today. In addition, the “CLP Green Volunteers for Seniors Programme” was also awarded an Outstanding award in the same category, recognising CLP volunteers’ continued effort and contribution to the community.
CLP Power Hong Kong (CLP Power) today is pleased to receive the Bronze Award in the HKMA/TVB Award for Marketing Excellence 2014, which is recognition for its marketing programme of the “Save Now for a Better Future” energy saving competition 2013-2014.
Have you ever imagined riding a bicycle, working out on a stepping machine or even playing soccer games at the arrival hall of Hong Kong International Airport? Taking the unusual a step further, have you ever tried to generate green power while exercising?
CLP Power Hong Kong Limited (CLP Power) held a cocktail reception today celebrating a new chapter of collaboration between CLP Power and China Southern Power Grid Co. Ltd. (CSG) as the two companies entered a joint venture in the Castle Peak Power Company Limited (CAPCO) under a 70/30 partnership.
CLP Holdings’ 2013 Annual Report has been ranked 8th worldwide and 1st in Asia in e.com’s Annual Report on Annual Reports 2014. e.com is an independent report rating organization and its annual survey is widely regarded as one of the most comprehensive, international, independent and authoritative surveys on annual reporting.
CLP Power Hong Kong (CLP Power) today announces the launch of two major green public education projects for primary school students – the Green Elites Campus Accreditation Pilot Programme and the Green Elites Portal cum Award Scheme – to encourage children to adopt green lifestyles from an early age.
CLP Power Hong Kong Limited (CLP Power) today invited over 200 elderly from New Territories West to celebrate the Mid-Autumn Festival with CLP volunteers at the “Sharing the Festive Joy” community event. Co-organised by CLP Power and Po Leung Kuk (PLK), the event aims to express care and respect for elderly people in the community. Mr Paul Poon, CLP Power Managing Director, The Hon Chan Han-pan, JP, Legislative Council member, Mr Lam Muk-kwan, Principal Social Services Secretary (Elderly and Rehabilitation Services), Social Services Department of PLK and Ms Quince Chong, CLP Power Chief Corporate Development Officer made traditional Chinese lanterns to celebrate the festivity with the elderly.
CLP Power Hong Kong Limited (CLP Power) today announced the results of its third GREENPLUS Recognition Award programme and selected 63 businesses and organisations, out of 4,000 applicants, to receive STAR Awards for their outstanding energy saving performances throughout the year.
CLP Power Hong Kong Limited (CLP Power) today held an appreciation ceremony to recognise the efforts of its community partners in the CLP Subsidy Programme for Energy Efficient Electrical Appliances that is helping thousands of families in need.
CLP Power Hong Kong Limited Vice Chairman Mrs Betty Yuen today said that CLP Power is aware of the public concern over tariff adjustment, in particular the impact of the substantial increase in gas consumption on tariff. CLP is confident that with the falling coal price and adoption of various mitigation measures, the 2015 tariff adjustment will be lower than the projected level in the 2014-18 Development Plan.
With its longstanding commitment to supporting youth education and development, CLP Holdings Limited (CLP) reactivated its Young Power Programme (YPP) this summer to promote understanding of energy and environmental issues among secondary youth in Hong Kong and Nanning, Guangxi. The wining team of a project competition that had concluded the Nanning chapter on 11 July joined a finale for the Hong Kong chapter today to share their counterparts’ learning results.
CLP Holdings (CLP) is pleased to announce that its 2012 Annual Report has won five awards at the annual Australasian Reporting Awards (ARA). This makes CLP the first company to win both the Best First Time Entry and Report of the Year Awards in ARA's 64 years of history.
CLP Power Hong Kong Limited (CLP Power) today (8 July) revealed details of a raft of new measures to upgrade its emergency defences and ensure Hong Kong's world-class energy supply is safeguarded against storm surges, super typhoons and other extreme seasonal weather conditions.
On 18 June 2014, CLP Holdings celebrated the construction commencement of Fangchenggang (FCG) Power Station Phase II in the presence of more than 100 distinguished guests in the Fangchenggang City of Guangxi Zhuang Autonomous Region.
CLP Power Hong Kong (CLP Power) today announces the launch of the CLP Eco Building Fund, a scheme to subsidise improvement works that enhance energy efficiency in the common areas of residential buildings and their nearby ancillary facilities.
CLP Power Hong Kong Limited (CLP Power) today invited 200 elderly people from Shatin to celebrate the Tuen Ng Festival with CLP volunteers at the second "Sharing the Festive Joy" community event. Co-organised by CLP Power and The Hong Kong Society for the Aged (SAGE), the event is organised to express care and respect for elderly people in the community. Mr Paul Poon, CLP Power Managing Director, Mr Lam Ka-tai, Deputy Director of Social Welfare (Services), and Dr Kim Mak, BBS, JP, Chairman of SAGE, joined the elderly in a drum beating performance to celebrate the festivity.
CLP Power Hong Kong (CLP Power) today launches its 2014 "Save Now for a Better Future" energy saving competition and holds an award ceremony for the winners of the 2013 contest. The event highlights CLP Power's continuing determination to raise public awareness on environmental protection by encouraging customers to change their power consumption habit and be energy efficient.
CLP Holdings Limited (CLP) is pleased to announce today its wholly-owned subsidiary, EnergyAustralia, has appointed Catherine Tanna to be its Managing Director effective 1 July 2014 following an extensive domestic and international search. Ms Tanna is to succeed Richard McIndoe, who announced his departure in December 2013 after eight years of service.
CLP Holdings Limited (CLP) is pleased to announce today its wholly-owned subsidiary CLP Power Hong Kong Limited (CLP Power) has completed, in collaboration with China Southern Power Grid International (HK) Co., Limited (CSG HK), a wholly-owned subsidiary of China Southern Power Grid Co., Limited, the acquisition of 60% interest in Castle Peak Power Company Limited (CAPCO) held by ExxonMobil Energy Limited, a wholly-owned subsidiary of Exxon Mobil Corporation. Separately, CLP Power has also completed the acquisition of ExxonMobil's 51% stake in Hong Kong Pumped Storage Development Company, Limited (PSDC).
CLP Power Hong Kong Limited (CLP Power) has relaunched its business centre in Sham Shui Po as the CLP GREENPLUS Experience Centre, with an aim to assist small businesses to save energy and cost. This is CLP Power's continued initiative to offer its expertise in encouraging the public and businesses in Hong Kong to implement energy efficiency and conservation practices to live a more environmental and sustainable lifestyle.
CLP Power Hong Kong Limited announces that its wholly-owned subsidiary CLP Power HK Finance Ltd. has successfully completed the issuance of USD500 million of 4.25% non-call perpetual 5.5-year capital securities.
CLP Power Hong Kong Limited (CLP Power) wins two silver awards in the Hong Kong ICT Awards 2014: Best Green ICT (Adoption – Large-scale Enterprises) and Best Business Solution (Internet of Things). The awards recognise CLP Power's achievements in the use of Information and Communications Technology (ICT).
CLP Holdings Limited announced that its indirect wholly-owned subsidiary CLP Power China Limited entered into agreement regarding the sale of its interests in CSEC Guohua International Power Company Limited and CLP Guohua Shenmu Power Company Limited. Please click here to download CLP Holdings' announcement to the Hong Kong Stock Exchange.
In response to the Consultation Document on Future Fuel Mix for Electricity Generation issued by the Government today (19 March), CLP Power Hong Kong Limited ("CLP Power") has the following preliminary views.
In 2013, the Group's operating earnings remained steady at HK$9,307 million, compared with HK$9,406 million in 2012. Group total earnings, which include non-recurring items, were HK$6,060 million, 27.1% lower than that in the previous year. The decline in total earnings was due to the non-cash impairment and other charges of HK$3,696 million in relation to a number of our assets in Australia, India and the Chinese mainland.
CLP Power Hong Kong Limited (CLP Power) today organised the first "Sharing the Festive Joy" community event for 170 elders from the Tung Chung district, to mark a good start of the Chinese New Year. Joining guests for this landmark celebration were The Hon Matthew Cheung, GBS, JP, Secretary for Labour and Welfare, along with CLP Power Managing Director Mr Paul Poon, Chief Operating Officer Mr Chow Tang Fai and Chief Corporate Development Officer Ms Quince Chong, who prepared dumplings for the elders at the lunch.
CLP Holdings Limited announced today the retirement of Professor Tsui Lam Sin Lai Judy as a Director and a Member of the Audit Committee and the Sustainability Committee of the CLP Holdings Board of the Company with effect from the conclusion of the 2014 Annual General Meeting of the Company to be held on 8 May 2014.
CLP Holdings is pleased to announce that it has clinched two top honours in the Best Corporate Governance Disclosure Awards 2013, organised by the Hong Kong Institute of Certified Public Accountants, once again setting the benchmark for corporate governance and sustainability and social responsibility reporting.
As part of the three-day visit to Guangxi by a Hong Kong trade delegation, Chief Executive of the Hong Kong S.A.R. The Hon. CY Leung led a group of business sector representatives to visit CLP Guangxi Fangchenggang Power Station today. During the visit, CLP executives shared with the delegation the company’s investment experience in Guangxi.
CLP Power Hong Kong Limited (CLP Power) has reaffirmed its commitment to promoting energy efficiency and conservation and to seeking continuing improvements for the community in the 2013 Interim Review of the Scheme of Control Agreement (SCA) between CLP Power, Castle Peak Power Company Limited (CAPCO) and the Government.
CLP Holdings Limited (CLP) is pleased to announce today its wholly-owned subsidiary CLP Power Hong Kong Limited (CLP Power) has reached agreement, in collaboration with China Southern Power Grid International (HK) Co., Limited (CSG HK), a wholly-owned subsidiary of China Southern Power Grid Co., Limited (CSG), to each acquire half of the 60% interest in Castle Peak Power Company Limited (CAPCO) held by ExxonMobil Energy Limited (EMEL), a wholly-owned subsidiary of Exxon Mobil Corporation (ExxonMobil). CLP Power will acquire the 30% stake for a cash consideration of HK$12 billion.
CLP Power Hong Kong Limited (CLP Power) and 13 community partners today jointly launches the ‘CLP Green Volunteers for Seniors Programme’ to promote energy saving to the elderly. Aiming to raise awareness of energy saving among the elderly, CLP Volunteer Team will give out LED light bulbs and energy-saving kits to 3,000 underprivileged single elderly or couples aged 60 or above living in Kowloon, the New Territories and Lantau Island.
CLP Power Hong Kong Limited (“CLP Power”) today releases a set of new data in relation to energy costs for electricity generation and electricity sales on its website as a step to enhancing information transparency. The new data published on a monthly basis reflect actual cost information to enable our customers to better understand the current fuel mix, fuel cost movements and fuel charge mechanism.
CLP Power Hong Kong Limited (CLP Power) and St. James’ Settlement (SJS) today jointly launch the ‘Here WEEE Go Upcycling Exhibition’, a 3-day exhibition (1 – 3 November) showcases how discarded electrical appliances are turned into niched, creative household furniture and accessories, giving a second life to the waste electrical and electronic equipment (WEEE).
CLP Power Hong Kong Limited (CLP Power) today organised its first Data Centre Symposium as part of the company’s ongoing efforts to promote energy efficiency in the business sector. The symposium was attended by government officials and more than 200 industry professionals, including data centre operators and end users.
In view of the approaching super-typhoon Usagi, CLP Power has activated its emergency management team to closely monitor and assess the potential impact on its power systems. Necessary actions will be taken to safeguard the reliable supply.
CLP Power Hong Kong Limited announced today that it will have rebated the entire interim refunds received to date from the Government in relation to CLP’s claims against the Government’s overcharged rent and rates by 15 October 2013. The 2013 Rent and Rates Special Rebate being provided to customers will therefore be discontinued from 16 October 2013. However, CLP stands by our commitment to return to customers any future refunds of overcharged rent and rates we may receive in future from the Government just as we have done in the past.
CLP Power Hong Kong Limited (CLP Power) today announced the results of its second GREENPLUS Recognition Award. The programme, which gives STAR Awards for the best energy-saving performers, aims to encourage business customers, non-governmental organisations (NGOs) and schools to operate in a green and sustainable way. The number of participants jumped from 400 last year to a new high of 2,400. Entrants came from a more diverse range of sectors than last year, falling into 12 categories ranging from supermarket chains, shopping malls and small to medium-sized enterprises to NGOs and schools.
CLP Power Hong Kong Limited (CLP Power) is committed to providing the best quality service to its 2.4 million customers and is constantly exploring new channels for customers to settle their bills. To allow more customers to enjoy the convenience of settling their bills by cheque, CLP Power has taken the lead by becoming the first public utility company in Hong Kong to extend its payment network to HSBC cheque deposit machines.
Committed to providing a highly reliable supply of electricity and quality service, while attaching great importance to the environment, CLP Power Hong Kong Limited (CLP) introduced an Energy Summer School this year to promote secondary students’ interest on energy and environmental issues and inspire critical thinking. Students who have joined the programme competed on originality and teamwork today at the Energy Summer School Finale, putting to full use their knowledge gained on topics relating to energy and environmental protection.
At about 7:45am this morning, a transformer bay inside one of Castle Peak Power Station’s generation unit was found on fire and activated the automatic fire extinguishing system. Fire Services Department was called on site immediately and put off the fire at around 8:15am.
CLP Holdings is pleased to announce today that its wholly-owned subsidiary, EnergyAustralia, has entered into an agreement with the New South Wales (NSW) State Government to acquire the Mount Piper Power Station and the Wallerawang Power Station that underpin the existing Delta Western GenTrader Agreements, which EnergyAustralia entered into as part of the 2011 NSW electricity privatisation initiative.
Committed to providing a highly reliable supply of electricity and quality service, while attaching great importance to the environment, CLP Power Hong Kong Limited (CLP) has organised Hong Kong’s first Liberal Studies Independent Enquiry Studies Competition to further encourage students’ interest in energy and environment-related issues.
At an Energy Saving Workshop for green groups hosted by CLP Power Hong Kong (CLP Power) today, CLP Power initiated the idea of putting in concerted efforts with green organisations to launch a territory-wide joint public education campaign on energy saving, with a view to encouraging the public’s behavioural change and choice of a more environmentally friendly lifestyle.
CLP Power Hong Kong (CLP Power) today launches a community-wide energy saving competition to encourage people across the city to cut down on their power consumption, choose to adopt a more environmentally friendly lifestyle in order to contribute towards a greener Hong Kong.
CLP Power Hong Kong Limited ("CLP Power") conducted a major emergency drill today ahead of Hong Kong's upcoming typhoon season as part of the company's contingency measures against the massive power failures caused by storms around the world in recent years. The drill simulated the collapse of a transmission tower during a typhoon and the construction of a temporary pylon to restore power, a process that would see electricity restored 10 times faster than by repairing the damaged pylon.
Further to our announcement dated 3 April 2013 on Senior Management change, CLP Holdings Limited (“the Company”) is pleased to announce the appointment of Mr Richard Lancaster as an Executive Director of the Company to take effect from 3 June 2013. Mr Lancaster will also be appointed as a Member of the Finance & General Committee and the Sustainability Committee of the Board with effect from 3 June 2013.
CLP Power Hong Kong (CLP) is introducing Hong Kong's first electric coach – known as an e-coach – in a green initiative to promote the wider use of environmentally-friendly transport. The arrival of the coach underscores CLP's steadfast support for the government's call for more electric vehicles (EVs) to improve Hong Kong's air quality.
CLP Power Hong Kong Limited's Town Island Renewable Energy (RE) Supply Project was today named one of the "Hong Kong People Engineering Wonders in the 21st Century" in a prestigious public vote. The award – the only one given to an RE-related project among 10 winning works in the contest organised by The Hong Kong Institution of Engineers – is recognition of CLP’s commitment to promoting sustainability, the use of clean energy and caring for the community.
CLP Holdings announced today that Mr. Richard Lancaster will succeed Mr. Andrew Brandler as Chief Executive Officer of the CLP Group in the third quarter of 2013. After having served as Group CEO for over 13 years, Mr. Brandler will be handing over executive responsibilities at the Company in order to take up a position at Sir Elly Kadoorie & Sons Limited, the private office of the Kadoorie Family, the largest shareholder in CLP.
CLP Holdings has cemented its role as one of the leaders in integrated reporting amongst Hong Kong-listed companies with the publication of its second integrated Annual Report. The 2012 Annual Report comes two years ahead of the Hong Kong Stock Exchange's (HKEx) plan to raise the obligation level of its Environment, Social and Governance (ESG) Reporting Guide to "comply or explain" by 2015.
CLP Power Hong Kong (CLP Power) today launches an entertaining and educational exhibition called “Go-Green” to encourage people to make a contribution towards a more environmentally-friendly future by saving energy in their homes.
CLP Power Hong Kong Limited (CLP Power) said it would support the Government to implement the granting of the Electricity Subsidy for residential accounts proposed by the HKSAR Government’s 2013-2014 Budget today, and would discuss with the Government on the details of implementation.
CLP Power Hong Kong Limited (CLP Power) launched the one-off Community Care Subsidy last December aimed at helping alleviate tariff pressure of the grassroots families in its service area. Application for the subsidy starts tomorrow (25 February). CLP will offer each approved eligible household a subsidy of HK$300. The company expects up to 30,000 families to benefit from the subsidy programme.
CLP Power Hong Kong Limited (CLP) and Castle Peak Power Company Limited (CAPCO) welcome the approval by the Executive Council (ExCo) of the Hong Kong SAR Government for the landmark agreement to supply natural gas to Hong Kong from the Second West-East Gas Pipeline (WEPII) over the next 20 years. The gas will begin arriving in early 2013, opening a new chapter in clean power generation and playing a significant role in helping to raise Hong Kong’s air quality.
CLP Holdings Limited announces today it has completed the placing and issue of shares in accordance with the terms and conditions of the Placing Agreement entered into by CLP Holdings in relation to the Placing on 13 December 2012.
CLP Holdings Limited announces today it has entered into a placing agreement and, subject to completion, it will be issuing new shares under its General Mandate. The Placing Shares represent (i) approximately 5.00% of the existing issued share capital of the Company (consisting of 2,406,143,400 Shares in issue as at the date of this announcement); and (ii) approximately 4.76% of the Company's issued share capital as enlarged by the Placing.
CLP Power today announced that the Average Basic Tariff for 2013 will remain unchanged but because of increased fuel costs and an adjustment to its Rent and Rates Special Rebate arrangement, the average net tariff increase for 2013 will be 5.9%.
CLP Power Hong Kong Limited (CLP) today announced that the Company will introduce a one-off community care subsidy for targeted grassroots families in its service area in 2013, a move that is expected to alleviate tariff pressure for over ten thousand families across CLP’s service area.
CLP Holdings is pleased to announce that it has won the highest honour in the acclaimed Best Corporate Governance Disclosure Awards 2012, organised by the Hong Kong Institute of Certified Public Accountants, for the tenth successive year, highlighting the company's strong disclosure culture and informative annual report.
CLP Power Hong Kong Limited (CLP Power) today announced that it will launch a pilot scheme in the first half of 2013 for a system designed to provide customers with timely energy consumption information using smart meters and related technology – a key initiative that could help more people make better informed decisions on their electricity consumption and achieve a greener lifestyle.
CLP Power Hong Kong Limited (CLP Power) today introduced its pioneering five-tiered GREENPLUS Energy Billboard benchmarking tool. The ultimate aim is to make it easier for customers from businesses big and small to compare their average monthly energy performance against their sister offices or peer industry as a whole, hence help them manage their electricity consumption and save operation cost.
In light of the recent media reports on CLP’s various operational issues which have also been areas of public concern, CLP would like to take the opportunity to provide supplementary information about generating capacity and reserve margin, sale of electricity to China, Fuel Clause Account, expenditure of energy efficiency and monitoring mechanism to facilitate public understanding about them.
The Hong Kong’s first commercial-scale standalone renewable energy (RE) generation and storage system is now near to completion on Town Island. The system, started planning by CLP in 2008, includes 672 solar panels, 2 wind turbines and 576 batteries. With an installed generating capacity up to 192 kW, which is capable of lighting up 9,600 compact fluorescent lamps, the System will be able to meet the power needs of the island’s drug rehabilitation centre and its future development. CLP anticipates that this “zero emission” system can save an estimated 70,000 kg of carbon dioxide (CO2) emissions per year, equivalent to the amount absorbed by 3,500 trees in the same period.
CLP Power Hong Kong Limited (“CLP Power”) announces that its wholly-owned subsidiary CLP Power Hong Kong Financing Limited has priced USD600 million in aggregate principal amount of senior unsecured fixed rate notes, comprising USD300 million 2.875% notes due 2023 (the “2023 Notes”) and USD300 million 3.375% notes due 2027 (the “2027 Notes” and together with the 2023 Notes, the “Notes”) under CLP Power Hong Kong Financing Limited’s USD3.5 billion Medium Term Note Programme. The Notes will be unconditionally and irrevocably guaranteed by CLP Power, rated A1 and A by Moody’s and Standard and Poor’s, respectively, and listed on The Stock Exchange of Hong Kong Limited.
CLP Power Hong Kong Limited (CLP Power) today announced the launch of a “Save Now For A Better Future” energy-saving campaign with rewards on offer for its 2 million residential customers.
CLP Power Hong Kong Limited (CLP) announced that the restoration of the coal conveyor structure at the Castle Peak A Power Station was completed and coal-fired operations of Castle Peak A was restored. The intensive repair work was completed in 48 days, less than the original 90 day estimate. With CLP's robust electricity supply system and well-established business continuity plan in place, a stable and reliable supply of electricity to all customers was maintained during the restoration period despite the hot summer demand.
CLP Power Hong Kong Limited (CLP) and St. James' Settlement (SJS) jointly launched the city's first Transformer Maze today at Discovery Park Shopping Centre (DP) in Tsuen Wan. The Maze was created from around 10,000 disused transformers and power adaptors collected from the public and other channels through CLP, SJS and DP over a four-month period.
Marking a bold new step in its mission to educate Hong Kong's young people on the importance of protecting the environment, CLP Power Hong Kong Limited (CLP Power) has rolled out its ground-breaking Junior Green Engineer Programme. As first of its kind in Hong Kong, the interactive programme brings together engineering, scientific and green education themes under the guidance of electricity experts to nurture a new generation of green pioneers. The programme includes visits to a CLP power station as well as participation in experimental workshops and community service. Each successful graduate will receive a certificate and a personal profile record upon completion of the programme.
While Chinese children have long celebrated Mid-autumn festival with colourful lanterns, recent years have seen battery-powered lamps take the place of traditional candles. This year, CLP volunteers have teamed up with the intellectually challenged children from Hong Chi Association (HCA) to add a 'Greener' dimension to this centuries-old celebration. The leading light at the upcoming festival will be a series of solar-powered lanterns that are sure to excite and delight all who attend.
In the first half of 2012, the Group’s operating earnings fell 22.4% to HK$3,897 million, compared with HK$5,025 million in the same period in 2011, mainly attributable to the unfavourable mark-to-market movements of energy contracts in Australia. The Group’s total earnings, including one-off items, were HK$3,356 million, a decline of HK$2,444 million, or 42.1%, from 2011.
In response to recent media enquiries concerning the coal conveyor belt incident at Castle Peak A Power Station, CLP would like to provide the following information:
On 25th July, subsequent to Typhoon Vincente, a section of the coal conveyor belt structure transporting coal to Castle Peak A Power Station detached and fell to the ground. The incident caused no injuries but coal delivery to the A Station was temporarily affected as a result.
While restoration work for the conveyor belt is now progressing which may take two to three months to resume the coal supply to the A Station, CLP's power supply to our customers remains unaffected despite of the situation and amid the hot weather.
In recent years, the Government has been working to promote Hong Kong as a regional hub for data centres through incentives of encouraging the conversion of existing industrial buildings or sites for this purpose. To meet the growing demand for data centres, CLP will develop Hong Kong's first substation dedicated to powering data centres in Tseung Kwan O Industrial Estate in Chun Yat Street. Today, the ground-breaking ceremony for the new project was held, with work to be completed in the fastest time in CLP's history.
CLP Power Hong Kong Limited (CLP) pioneers an integrated job training programme called “Energising My Future - A Career Inspiring Journey for Youth” to give jobless youngsters practical help towards joining the working world in an increasingly challenging employment market.
The financial results of CLP Holdings Limited (“CLP Holdings”) for 2012 are expected to be adversely affected by (i) the lost generation capacity of the Yallourn Power Station as a result of the damage to the coal conveyors after flooding of the Yallourn coal mine in June 2012 and (ii) the cost of remediation work including diversion of the Morwell River (“the Yallourn Mine Incident”).
In celebration of the upcoming Dragon Boat Festival, CLP Power Hong Kong Limited (CLP) today hosted a ‘Healthy Dumpling Programme’ to share hand-made delicious festive food for participants of its Hotmeal Canteen Programme – a programme launched last September to offer nutritious meals to the underprivileged in Sham Shui Po at HK$10 only.
CLP Power Hong Kong Limited (CLP) today launched its first knowledge centre in Hong Kong, the Nuclear Resources Centre (NRC), with an aim to offer full spectrum of information on nuclear energy.
CLP Power Hong Kong Limited (CLP Power) today opened a new, fully interactive Energy Efficiency and Conservation (EE&C) showroom for business customers. The GREENPLUS Resort showcases practical ways to harness renewable energy technologies as well as energy efficient lighting, air-conditioning and heating systems for outdoor settings. It is designed to be a valuable resource for businesses that want affordable, tailor-made energy saving solutions that enable them to save on running costs.
Classical music is well known for its beneficial effects on intellectual as well as cultural growth, particularly among children. Recognising an opportunity to provide the gift of classical music for disadvantaged youth in Hong Kong, CLP Power Hong Kong Limited (CLP) recently invited 30 kids from The Evangelical Lutheran Church of Hong Kong to a company-sponsored music event, ‘Good Music This Day 2012’.
CLP Holdings is pleased to announce the publication of our first integrated Annual Report, which is aimed at reflecting the progress we have made to embed sustainability into our operations. CLP is the first Hong Kong company to apply the International Integrated Reporting Council's (IIRC) integrated reporting framework to its 2011 Annual Report.
CLP Power Hong Kong Limited (CLP) continued to meet the stringent emissions caps for 2011, which the company primarily attributed to the effectiveness in reducing emissions by the emissions control facilities at its Castle Peak Power Station.
CLP achieved a solid performance in 2011 with the Group’s operating earnings at HK$10,312 million, a 12.7% increase compared to HK$9,148 million in 2010. Group total earnings, including non-recurring items, were 10.1% lower than those of the previous year at HK$9,288 million.
CLP Power Hong Kong Limited (CLP Power) today announced the results of the first GREENPLUS Recognition Award. Created as part of CLP’s goal of encouraging and assisting more small to medium-sized enterprises (SMEs), non-governmental organisations (NGOs) and schools and contractors to implement energy-efficiency and conservation (EE&C) solutions in their operations, the award also aims to recognise and showcase these outstanding results in energy saving.
CLP Power Hong Kong Limited (CLP) today announced that the Company has revised its Average Net Tariff adjustment for 2012 - down from original 9.2% to 7.4%. This has resulted from cutting the Fuel Clause Charge increase from 3.7 cents to 2 cents per unit of the electricity that will benefit ALL customers across the board. The adjustment in average Basic Tariff announced on 13 December will remain unchanged.
CLP Power Hong Kong Limited (CLP) today announced that the Company is increasing its tariff in response to unprecedented cost pressures after a long period of relatively stable prices. From 1 January 2012, the average Basic Tariff will be increased by 5 cents while the Fuel Clause Charge will rise by 3.7 cents. As a result, the Average Net Tariff will be adjusted to 102.8 cents per unit of electricity, up 9.2% from the current level.
CLP Holdings Limited (“CLP”) has announced today that as a result of the recent passing of the Australian Government’s Clean Energy legislative package, CLP is expected to recognise an impairment loss of A$245 million or HK$1,915 million after tax for the year ending 31 December 2011.
CLP has launched a power infrastructure development programme in support of government plans to develop Kowloon East into another core business district. Electricity facilities, including 7 substations, will be constructed and commissioned in the region over 15 years to provide electricity up to 700MVA (equivalent to the sum of current power demand of Tsim Sha Tsui and Ma On Shan) to support the new development of Kai Tak as well as the redevelopment projects in old districts like Kwun Tong, Wong Tai Sin and Kowloon City.
TRUenergy, a wholly-owned subsidiary of CLP Holdings, is seeking development approval for two high-efficiency gas-fired power stations in Queensland to meet forecast increases in electricity demand in the northeastern Australian state.
CLP Power and St James' Settlement (SJS) today marked a year of success in running the 'Here WEEE Go' programme. The programme collects waste electrical and electronic equipment ('WEEE'), restores it to working order, and donates it to underprivileged members of the community. Over the past year, a total of more than 1,600 appliances have been saved from landfill.
CLP Power Hong Kong Limited (CLP) today launched Hong Kong’s first one-stop e-learning kit “LS-energy.hk’ in an effort to inspire young people to engage in multi-faceted and forward-looking discussions on issues concerning energy technology and the environment.
As part of a continuous effort towards service excellence and promoting the concept of energy efficiency and conservation (EE&C), CLP Power Hong Kong Limited (CLP Power) today announced the launch of “Eco Optimizer”, a brand new user-friendly online energy assessment tool, which helps 2 million residential customers use energy more efficiently and wisely.
CLP's first wholly-owned Greenfield hydro power project in Mainland China, Jiangbian Hydro Power Station, officially entered commercial operation. The project is the latest asset added to our renewable energy portfolio in Chinese Mainland and will contribute to the Group's efforts towards a low-carbon power business in the Asia Pacific region.
CLP Power Hong Kong Limited (CLP Power) is proving that, with a bit of creativity and a focus on sustainability, a discarded electrical appliance can be repaired and given a new lease of life in the home of somebody who needs it.
CLP Power Hong Kong Limited (CLP) today announced the launch of the Hotmeal Canteen project in partnership with the Hong Kong Council of Social Service (HKCSS). First piloted in Sham Shui Po, the Hotmeal Canteen programme aims to provide over 30,000 dietician-supervised hot meals in the coming 12 months for needy residents who have limited access to healthy square meals.
The Group’s operating earnings for the first half of 2011 were HK$5,000 million, an increase of 12.7% compared with the corresponding period in 2010. This reflected growth in earnings from our increased investment in Australia, supported by a rise in earnings from our electricity businesses in Hong Kong and in India.
Volunteers from CLP Power Hong Kong Limited (CLP Power) have identified five key household hazards that arise from inappropriate use of electricity by elderly people, as part of CLP's "CHEER for the Senior Buddies" programme. To address this, volunteers and their children today took part in a drive to re-wire elderly people's homes and share tips on using electricity in a safe and environmentally friendly way.
The CLP Young Power Programme 2011 Project Competition was successfully concluded today when 10 shortlisted teams from 7 secondary schools presented their success stories of promoting low carbon living to compete for the top honour of “Young Power Award”.
CLP Holdings Limited (CLP) announced today that its subsidiary, CLP Nuclear Investment Company Ltd. (CLPNIC), has reached an agreement with the China Guangdong Nuclear Power Company Ltd. (CGNPC) to invest in the Yangjiang Nuclear Power Station Project in Guangdong, China. The total investment of the project is about RMB 70 billion. Under the agreement, CLP will own 17% of the project.
TRUenergy, a wholly owned subsidiary of CLP Holdings, has today agreed to acquire an effective interest in over 500 PJ of coal seam gas reserves in the Gunnedah basin for A$284 million from Santos, one of the largest producers of natural gas to the Australian domestic market.
CLP Power Hong Kong Limited ("CLP Power") announces that its wholly-owned subsidiary CLP Power Hong Kong Financing Limited has priced USD300 million 4.750% Notes due 2021 (the "Notes") under its USD3.5 billion Medium Term Note Programme.
CLP Power Hong Kong Limited (CLP Power) today opened its Smart Grid Experience Centre, which is the first exhibition and education facility of its kind in Hong Kong. The Centre will help raise public awareness of smart grid by showcasing the features and benefits of smart grid together with the latest smart grid-specific technology and development. It will also demonstrate the research and development projects currently undertaken by CLP Power in this area.
CLP Power Hong Kong Limited (CLP Power) has taken another step in Hong Kong’s energy efficiency and conservation drive with the inauguration of the GREENPLUS Symposium, which was well-attended by more than 250 small to medium-sized enterprises (SMEs) and non-profit making organisations (NGOs).
CLP Power Hong Kong Limited (CLP Power) today announced the grand opening of its GREENPLUS Gallery in CLP Power's Pei Ho Street Business Centre located in Sham Shui Po. The Gallery is the FIRST Energy Efficiency and Conservation (EE&C) "Fitness Centre" in Hong Kong, offering a first-of-its-kind 4-Dimensional (4D) demonstration of energy saving and renewable energy applications, targeting over 200,000 local small to medium-sized enterprises (SMEs) and non-profit making organisations.
The first CLP-Operation Dawn Orienteering Game 2011, sponsored by CLP Power Hong Kong Limited (“CLP Power”), was successfully held on Town Island in Sai Kung. Attracting 300 contestants, the event has raised HK$275,000 for Operation Dawn Limited (“Operation Dawn”).
CLP Group is pleased to report that the company met its 2010 carbon intensity reduction target of 0.8kg CO2/kWh as reported in its 2010 Sustainability Report. Announced in 2007, the 2010 target is the first milestone in CLP's Climate Vision 2050, a roadmap that states the company's commitment to reducing the carbon intensity of its generation portfolio by 75% by 2050.
Five CLP IT and engineering professionals, dubbed COOL Captains, will be bringing their indigenously-designed solar-powered energy device, embedded in a sledge, to Antarctica to test its performance under extreme weather conditions and its endurance in the rugged, icy Antarctic landscape.
Castle Peak Power Company Limited (CAPCO) today celebrated the completion of its Emissions Control (EC) Project undertaken at Castle Peak Power Station (CPPS) ahead of schedule. The EC Project gives CPPS a further lift of the already high-standard emissions performance, making it one of the cleanest coal-fired power stations in the world.
CLP Holdings ("CLP") today announced that it had agreed to sell its 13.36% interest in Electricity Generating Public Company ("EGCO") to a wholly-owned subsidiary of Mitsubishi Corporation ("Mitsubishi") for a total price of US$273 million (HK$2,129 million). Mitsubishi agreed at the same time to sell 50% of its subsidiary that holds the EGCO shares to Tokyo Electric Power Company ("TEPCO").
CLP Power today announced the inauguration of partnerships for its EV Leasing Scheme for companies as well as the general public, expanding its support of the Hong Kong Government’s efforts to promote the use of electric vehicles. CLP was joined by Hong Kong Science and Technology Parks Corporation, Hong Kong Housing Authority & China State Construction Engineering (Hong Kong) Ltd., the Hong Kong Productivity Council, Kerry Properties Limited, and GT-7 Car Rental—all of whom have signed up for the EV Leasing Scheme—at an EV Leasing Partnership Inauguration Ceremony held today at Hong Kong Science Park.
CLP Holdings Limited (CLP) is pleased to announce that its wholly owned subsidiary, CLP India, has successfully raised US$288 million from five international and Chinese banks to refinance part of its existing loan for its 1,320 MW (2x660 MW) power project in Jhajjar, Haryana, India. This is the first Indian coal-fired project to be project-financed by overseas lenders since the Dabhol power plant case in the 1990s. The transaction, made possible by the country’s External Commercial Borrowings (ECB) policy, also marks the first time PRC lenders participated in a project finance transaction in India.
CLP Holdings’ wholly owned subsidiary TRUenergy has reached agreement with the New South Wales (NSW) Government to acquire the state-owned EnergyAustralia’s energy retailing business, the Delta Western GenTrader Bundle, which comprises long-term offtake contracts to buy the output of the coal-fired power stations of Delta Electricity at Mount Piper and Wallerawang, and development sites at Marulan and Mount Piper for a total of A$2,035 million (HK$15,595 million).
Quickening its pace to turn a low-carbon energy future into reality, CLP today announces new and ambitious interim targets for 2020 as the company implements its Climate Vision 2050 strategy. The new targets are announced today through the publication of Our Journey to a Low-Carbon Energy Future—turning CLP’s Climate Vision 2050 into Reality, which reinforces CLP’s commitment to taking further action in mitigating climate change.
CLP Power today submitted its response to Government's consultation on Hong Kong's Climate Change Strategy and Action Agenda. CLP supports Government's proposed strategy of adopting a carbon intensity target for Hong Kong which will contribute to the national target.
With the full support from EVS25 Organising Committee, comprising EVAAP, CES & SAE-China, and Environment Bureau of HKSAR government, CLP Power Hong Kong Limited (CLP) today kicked off Hong Kong's largest ever Electric Vehicle (EV) Parade and Exhibition (EVS25 HK EV Parade & Exhibition), featuring a wide collection of 50 electric vehicles of the latest design for various applications from 20 auto-makers, and also state-of-the-art EV charging solutions that are available in the market. EVS25 HK EV Parade and Exhibition represents CLP's latest efforts to promote low carbon living, following the Company's introduction of the first batch of 23 EV charging stations across Hong Kong (HK), introduction of HK's second EV quick charger, and the addition of EVs into its fleet.
CLP announced the official commissioning of its first wholly owned wind farm in Mainland China – Phase I of Qian'an Wind Farm in Songyuan City, Jilin Province. The project was developed and constructed by CLP. Phase I of the project has a generation capacity of 49.5 MW.
CLP Power Hong Kong Limited (CLP Power) today announced the launch of GREENPLUS, a pioneering programme that seeks to empower small to medium-sized enterprises (SMEs) and non-profit making organisations to implement energy efficiency and conservation (EE&C) measures. The GREENPLUS programme also represents the first collaborative platform for government departments, Energy Advisory Committee, green groups, associations of contractors, professional bodies and academics to share EE&C knowledge, technical know-how and experience with SMEs and non-profit making organisations.
Leveraging technology to devise an engaging way to raise awareness about the importance of preserving the world’s natural treasures, CLP launched online game Green Park today to enable more people to join them in planting trees.
The final round of CLP Young Power Programme 2010 Project Competition was successfully concluded today when ten shortlisted teams of secondary students presented their achievements of promoting low carbon living to compete for the top honour of “Young Power Award”.
CLP Power Hong Kong Limited (CLP) today invited members of the Panel on Environmental Affairs of the Legislative Council (LegCo), together with CLP senior management, to experience first-hand the driving of electric vehicle (EV), with an aim to enhance community awareness of the environmental benefits and on-the-road performance of EV.
CLP Power today announces the commencement of operation of its 21st electric vehicle (EV) charging station at China Hong Kong City, which also marks the successful completion of the first batch of 21 EV charging stations planned. The charging stations provide a total of 49 charging points in public car parks, echoing Hong Kong Government’s announcement last week on the advance supply of the latest model of EV by another Japanese car manufacturer to Hong Kong.
In Hong Kong, one out of 10 senior citizens aged 65 or above is suffering from dementia, compared with a figure of 25 million dementia cases worldwide. With the ageing population, the number of dementia patients in Hong Kong is expected to reach 110,000 by 2020. Due to a lack of public awareness and the absence of noticeable early symptoms, many sufferers of dementia have missed the optimum time for early intervention. There is no dementia prevention programme in Hong Kong’s healthcare, especially elderly care, system, and cases has to wait for at least one year for geriatric mental health or dementia day care services.
CLP Holdings Limited (CLP) signs an agreement of cooperation intent with China Guangdong Nuclear Power Company (CGNPC) and Guangdong Yudean Group Co., Ltd. today to coinvest in Yangjiang Nuclear Power Station in Guangdong, China. Under the agreement, CLP will own 17% of the project. An additional partner in the project will include CGN Phase I Private Equity Fund Co., Ltd.
(Hong Kong, 1 July 2010) ─ CLP Holdings (CLP) announced today that its renewable energy development vehicle in Thailand, Natural Energy Development Co. Ltd. (NED), a joint venture with Diamond Generating Asia, Limited, a wholly owned subsidiary of Mitsubishi Corporation, and Electricity Generating Public Company Limited (EGCO), has entered into binding commitments to proceed with the construction of a 73MW (DC) solar farm in Thailand, which will be one of the world’s largest of its kind.
CLP issues the following statement in response to media enquiries about comments made by Mr. Richard Lancaster this afternoon: CLP emphasizes that the news report released by Radio Free Asia last night was erroneous.
With the support of over 250 local secondary school students, CLP Power Hong Kong Limited (CLP) and Junior Achievement Hong Kong (JA) launched the youth leadership development programme CLP Young Power Programme 2010 (CLP YPP) today in an energetic and educational ceremony.
CLP has enhanced the packaging and accessibility of its 2009 Annual Report and Sustainability Report, adding a number of new features that make the publications even more environmentally and user-friendly.
Hong Kong, April 1, 2010 – Five young CLP engineers from Hong Kong, India and Australia have succeeded in restoring broken down renewable energy (RE) devices and installing additional solar panels for the only privately-run education and research centre (E-Base) operated in Antarctica as they return to Hong Kong and recount their experience during a "Welcome Home" gathering.
CLP Power Hong Kong Limited (“CLP Power”) announces that its wholly-owned subsidiary CLP Power Hong Kong Financing Limited has priced USD500 million 4.75% Notes due 2020 (the “Notes”) under its USD2.5 billion Medium Term Note Programme. The Notes will be unconditionally and irrevocably guaranteed by CLP Power and are expected to be rated A1 and A by Moody’s and Standard and Poor’s, respectively, and will be listed on the Hong Kong Stock Exchange.
(8th March Hong Kong) Five CLP engineers from Hong Kong, India and Australia have started their three-week journey to the Antarctica to install renewable energy (RE) devices for an education and research centre (E-Base) which was set up by polar explorer Sir Robert Swan and founder of organisation "2041".
CLP today officially launched Hong Kong's first EV Quick Charger, marking a new milestone in promoting a wider adoption of EVs in the territory. Over the next six months, CLP will conduct technical trials on the EV Quick Charger and hope that the test result can further the growth of EVs in Hong Kong.
The first phase of CLP Town Island Renewable Energy Power Station was commissioned today, marking the new era in Hong Kong's electricity history of powering with renewable energy.
CLP Group announces today that Mr. Richard Lancaster has been appointed Managing Director of CLP Power Hong Kong Limited, succeeding Mrs. Betty Yuen who takes up a new capacity as Vice Chairman of CLP Power Hong Kong Limited.
CLP has discovered fake e-bills and reported to the Hong Kong Police for immediate investigation. CLP is very concerned about this incident and is working closely with the relevant authorities on the issue. CLP will also inform and alert our e-bill customers through CLP ONLINE (www.clp.com.hk), email and messages in e-bill.
CLP Power Hong Kong Limited (CLP) today announced that with effect from 1 January 2010, its average Net Tariff will be raised by 2.6%. This adjustment is a net result of a rise of 2.6 cents in Basic Tariff, partially offset by a reduction of 0.3 cents Fuel Clause Charge due to the downward movement of the coal price over the year. This is the first time CLP has increased its Basic Tariff in more than 10 years.
CLP today announced that it has been recognised as the best performer in Asia in the Electric Utilities Category in the 2009 Platts Top 250 Global Energy Company ranking and also one of the Top 15 Energy Companies for overall performance in Asia.
Over 600 volunteers from the CLP Volunteer Team, partner organisations and the general public have successfully created a huge food puzzle, comprising over 30,000 food items. The puzzle marks the climax of CLP’s year long "Pledge to Halt Food Waste Programme" and has successfully raised over HK$1 million in food and monetary donations for the People’s Food Bank.
CLP today announced the launch of the first batch of electric vehicle (EV) charging stations in Hong Kong. The development follows the signing of a landmark memorandum of understanding in May between CLP Power and The Link Management Limited and Wilson Parking (Holdings) Limited respectively.
CLP today reiterated its commitment to reducing its carbon emissions to levels compatible with stabilizing the world’s climate, calling for a determined collective response to avert threat from climate change as world leaders meet at the upcoming Copenhagen Climate Summit in December.
Marking a further step towards promoting local renewable energy (RE) sources, CLP is building Hong Kong’s first commercial standalone power supply system that relies mainly on solar energy for customers on Town Island, Sai Kung. The project involves the installation of 900 solar panels and two wind turbines to produce as much as 200 kW of electricity that is capable of powering up to 200 sets of 1-hp air-conditioners and reducing an estimated 70,000 kg of CO2 emissions every year.
CLP is supportive to the Hong Kong SAR Government's moves set out in today's Policy Address towards a greener Hong Kong. We will render full support to the package of environmental measures leading Hong Kong towards a low-carbon economy.
CLP welcomes the approval for an extension of nuclear electricity supply contract by the Hong Kong Special Administrative Region (SAR) Government announced today. The approval enables the continued supply of clean power to Hong Kong from Guangdong Daya Bay Nuclear Power Station ("Daya Bay") for another 20 years from 2014.
CLP India, a wholly owned subsidiary of the CLP Group, today signed financing agreements with a banking consortium of 15 banks for its 1,320 MW (2x660 MW) power project in Jhajjar in the northern state of Haryana, India. Installed with supercritical technology, the project will be the largest of its kind in CLP's generation portfolio in Asia Pacific and one of India's first supercritical power plants. Its first unit is scheduled to commission by December 2011 and second unit by May 2012.
CLP today announced that Managing Director of CLP Power, Mrs. Betty Yuen, will take a leave of absence to undergo a medical treatment for an early stage of breast cancer that she has recently been diagnosed with.
After a three-week activity-based learning journey, 40 students from 8 secondary schools have translated their knowledge gained on power industry and sustainable development into innovative solutions to tackle climate change. They have been working hard to realise their learning into experiential models to compete for the top honour of “Yong Power Award” at today’s CLP Young Power 2009 Project Competition.
CLP and Wind Prospect today welcome the approval of Environmental Impact Assessment (EIA) Report on the proposed offshore wind farm project. The approval represents an important milestone to realising renewable energy in Hong Kong.
(15th July Hong Kong) Forty students from eight secondary schools and sixteen CLP young engineers gather at the Science Park today to kick off the 11th CLP Young Power programme – Hong Kong Chapter, a youth leadership development programme jointly organized by CLP and Junior Achievement Hong Kong (JA).
As part of its ongoing commitment to service quality and excellence, CLP enhances its customer services with the theme “Beyond Living Ideas”. Under the new theme, CLP launches a series of new value-added services to provide customers with inspiring ideas that improve their quality of living.
Through the Totem Environmental Arts Project co-organised by CLP Power Hong Kong Limited (CLP) and the Hong Kong Youth Arts Foundation (HKYAF), four giant environmental totem poles were created by around 150 primary students from local and international schools. The artpieces will be displayed at APM Mall, Kwun Tong for public exhibition, from 25 June to 4 July.
CLP’s first substation developed for providing electricity to the Kai Tak Development Area was officially topped out today, marking the official commencement of the major infrastructure works in the area. The new substation, designed mainly for the new cruise terminal scheduled for opening in 2013, is expected to be commissioned in mid-2012 and will provide a reliable and environmentally-friendly supply of electricity for the terminal and its associated travel facilities.
Aiming at complementing the Government's commitment to promoting electric vehicles (EVs) in Hong Kong, CLP Power today announced its plan to help EV drivers to "Plug and Drive" with its plan of setting up a trial network of charging station for EVs in its supply areas in the territory. This new initiative aims to demonstrate to the driving community how easy it is to charge an EV and hence, promoting a wider adoption of EV.
CLP today kicked off the second year of its 5-Year Regional Tree Planting Porgramme and pledged to plant another 50,000 trees in the fire-devastated Fu Tei, Tuen Mun in 2009. Last year, CLP planted the same number of trees in the vicinity. The company plans to plant a total of 250,000 trees in Hong Kong by 2012. Approximately 260 participants including CLP volunteers, government officials as well as students from the Tuen Mun community took part in the CLP tree planting day.
CLP has entered an arrangement with Hydro Tasmania to acquire from Roaring 40s Renewable Energy Pty Ltd. ("Roaring 40s") its Mainland Chinese wind farm portfolio for approximately HK$730 million. Roaring 40s is a joint venture, formed in September 2005, between CLP and Australian-based Hydro Tasmania to pursue renewable energy projects in Australia and Asia.
CLP Holdings says it is pleased that the company has been added to the Global Dow and is the only one in Hong Kong entering both the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) and the Dow Jones Sustainability Asia Pacific 40 Index (DJSI Asia Pacific 40).
Australia's newest and cleanest gas-fired power station has been officially opened by TRUenergy, a wholly owned subsidiary of CLP Group, shoring up energy supplies across New South Wales (NSW) as demand for peak power increases alongside the need for cleaner forms of generation. NSW Premier, the Hon. Nathan Rees MP, officiated at the Tallawarra launch ceremony yesterday.
CLP today reported a significant reduction in emissions from its Hong Kong operations in 2008 compared to 2007. The improvements underpin progress the company is making towards meeting the 2010 emissions reduction targets that are jointly set by HKSAR and Guangdong governments for improving air quality in the Pearl River Delta region.
CLP hit the road today in a bid to educate youngsters about energy efficiency and environmental protection with the launch of its first-ever 3D mobile environmental classroom. “Green Studio” which is based on a typical classroom, was officially launched this afternoon in Baptist (STW) Lui Ming Choi Primary School at Shatin.
CLP Group and the Government of Haryana today laid the foundation stone of the 2x660MW Power Plant in Jhajjar-Haryana on 10 January 2009. The ceremony was attended by the Honourable Chief Minister of Haryana, Shri Bhupinder Singh Hooda and other government officials.
CLP Holdings Limited says it has reported to police authorities in both Hong Kong and Chinese mainland that a fake recruitment notice passed off as CLP’s has been found on the Mainland. The Company is now taking action to address this unauthorised activity.
As a continuous effort in promoting "PowerWise" and the concept of Green Living with energy efficiency, CLP Power today announced the grand opening of CLP "Eco Home", the first most extensive energy efficient appliance specialty store in Hong Kong. Through which, CLP encourages wider adoption of energy efficient appliances and promotes green living concept to our customers.
The climate campaign initiated by CLP to call for global collective efforts to combat climate change won a string of accolades from the international Galaxy 2008 Awards Competition, including the Grand Award for the Climate Vision 2050 corporate video.
In Hong Kong, one in 10 people is suffered from dementia, affecting 5% to 10% people aged over 65. As most people misinterpret early symptoms of dementia as part of the normal ageing process, many sufferers of dementia miss the optimum time for early intervention and become increasingly disoriented and unable to care for themselves. With the progressive ageing of Hong Kong population, dementia is set to exert enormous pressure on the medical and healthcare system and on society as a whole.
Chief Executive Donald Tsang's August 28 energy deal with Beijing securing gas and nuclear power supplies to Hong Kong for the next 20 years is a landmark in the development of Hong Kong's energy policy.
In response to media reports today, CLP wishes to highlight the following with regard to the signing of the Memorandum of Understanding (MOU) on cross border energy supply by the HKSAR Government and the Central Government on 28 August, 2008.
After six weeks of activity-based learning of the power industry and the business and environmental challenges presented by climate change, 50 students from 10 secondary schools have come up with novel ideas to tackle climate change. They successfully presented their creative plans to a panel of distinguished judges at the Project Competition and Graduation Ceremony held at Science Museum today, to complete this year’s Young Power Programme (YPP), co-organised by CLP Power Hong Kong Limited (CLP) and Junior Achievement Hong Kong (JA).
After around two-year preparation, design and construction, the Hong Kong's first Sky Woodland project has recently been completed in the equipment building of CLP’s Sham Mong Substation at Lai Chi Kok and is open to the media today.
Fifty enthusiastic young people from the senior secondary level of 10 schools overwhelmed community leaders with questions on the climate change issue today at the Young Power Programme 10th Anniversary Kick-off Ceremony co-organised by CLP Power Hong Kong Limited and Junior Achievement Hong Kong (JA).
Castle Peak Power Company Limited (CAPCO) and CLP Power Hong Kong Limited announced today that a Heads of Agreement (Agreement) was signed between CAPCO and BG LNG Trading (BGLT), a wholly owned subsidiary of BG Group plc, for the supply of Liquefied Natural Gas (LNG) to CAPCO's proposed LNG terminal in Hong Kong. CAPCO is a joint venture company between ExxonMobil Energy Limited and CLP Power Hong Kong Limited.
With the support of the Forestry Administration of Guangdong Province, CLP Holdings Limited today pledged to plant 350,000 trees in Longchuan County, Guangdong Province, the area around Dongjiang River, the source of 70% of Hong Kong’s fresh water supply, over the next five years in an effort to maintain the environmental integrity of the area and preserve water quality.
Three hundred people picked up their shovels at Fu Tei in Tuen Mun today (26 April) to kick-start CLP’s Five Year Tree Planting Plan as part of the company’s initiatives to manage the challenges of climate change. CLP pledges, through this plan, to plant one million trees in the communities in which CLP has operations across the Asia Pacific region. The total area of the resulting woodland areas would be equivalent to about 140 football pitches.
Fangchenggang (FCG) Power Station celebrated its Phase I project completion. It is the first large-scale infrastructure power project completed since the announcement of the state-approved Beibu Gulf Economic Zone Development Plan. Being one of the largest foreign invested power projects in Guangxi, the station provides the much-needed impetus for the economic growth in the area.
The CLP Group has expanded its renewable energy portfolio into solar technology with its Australian subsidiary, TRUenergy, entering an agreement with Melbourne-based Solar Systems to develop the world’s largest and most efficient concentrated solar photovoltaic power station in Australia.
CLP Power is happy to announce today that the "Care for the Elderly - Active Mind" programme has successfully raised HK$1 million to provide cognitive assessment and memory training exercises to approximately 5,000 elderly citizens in Hong Kong. The HK$1 million target was achieved two months ahead of the scheduled donation close date of 31 March 2008.
In the first "Outstanding Persons/Organisations" Awards organised by Qi Lu Weekly and endorsed by the Shandong Provincial Development and Reform Commission, CLP Renewables is named one of the "Ten Most Responsible Organisations".
CLP Power (CLP) announced today it has concluded an agreement with the Hong Kong SAR Government on the terms of the new Scheme of Control (SOC) which will come into effect on 1 October 2008, immediately following the expiry of the current agreement.
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