Teaming up with Chinachem Group to push towards carbon neutrality
CLP Power signed a new MoU with Chinachem Group (Chinachem) in November 2023 to support Chinachem’s pursuit of carbon neutrality.
This collaboration will introduce new sustainability initiatives to further enhance Chinachem’s efforts in energy efficiency, decarbonisation and electrification. Under the new MoU, CLP Power will continue offering Chinachem technical assistance to replace conventional diesel generators with Battery Energy Storage Systems at two of its project construction sites. CLP Power will also support Chinachem's hotel division, Nina Hospitality, in implementing smart laundries and electric kitchens to enhance its operational and energy efficiency.
Chinachem has been implementing an ambitious carbon reduction roadmap CCG 3050+, aiming at the reduction of at least 51.8% of 2020 Scope 1 and 2 carbon intensity by 2030. In 2019, Chinachem and CLP Power signed a five-year Collaborative Agreement on Smart and Green Initiatives to support the implementation of smart and low-carbon technology in Chinachem's iconic Nina Tower. Approximately 14 gigawatt hours (GWh) of electricity have been saved to date. The Agreement has established a solid foundation for the two companies to expand their collaboration in electrification, decarbonisation and energy efficiency.
CLP Power will also help Chinachem with the decarbonisation of its facilities. This involves utilising a pilot Energy Management System at Nina Mall that is driven by big data analytics and 5G technology to accurately forecast the cooling load. To identify further opportunities for decarbonisation, CLP Power will also conduct energy audits on Chinachem’s new development projects. These include a premier cold storage and logistics facility in Kwai Chung, and the new Tung Chung business hub, which will house a green data centre.
