HK Electric [2638:HK], one of Hong Kong’s two major electric generation companies, announced a plan to build a 600-hectare (1,482-acre) offshore wind farm southwest of Lamma Island, as reported by South China Morning Post on May 6. The wind farm will include 13 to 19...
China’s largest battery producer Contemporary Amperex Technology (CATL) [300750:CH] signed an agreement with Indonesia’s state-owned PT Aneka Tambang (ANTAM) and PT Industri Baterai Indonesia (IBI) to jointly develop a USD5.97bn mining-to-batteries complex in Indonesia, as reported by Bloomberg on April 15. Specifically, the integrated project...
IDG Capital [IDGCAZ:CH] and Hong Kong-based public energy utility Towngas [0003:HK] announced the establishment of the Zero-Carbon Technology Investment Fund on January 24, as reported by Pandaily on the same day. With an expected total scale of RMB10bn (USD1.6bn), the fund would raise RMB5bn in...
Japan’s Nissan Motor [7201:JP] on October 8 announced that the company will switch to all-electric facilities and use environmentally friendly energy sources at its global factories by 2050, as reported by Nikkei Asia on October 9. The potential environmentally friendly power in considerations includes wind,...
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