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”).
The 2019 Quarterly Statement (January - September) of CLP Holdings Limited has been released. The same Statement will be dispatched to shareholders on 31 October 2019.
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.
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.
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.
CLP Holdings Limited today made an announcement to the Stock Exchange of Hong Kong regarding a profit warning due to an impairment of goodwill of EnergyAustralia’s Retail business.
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.