07 Jan 2025
Towngas and Chi Shing (Hong Kong) Group sign MOU to jointly develop hydrogen power generation business and promote green energy industry development
(7 January 2025) The Hong Kong and China Gas Company Limited (Towngas) and Chi Shing New Energy Technology Company Limited, a subsidiary of Chi Shing (Hong Kong) Group, have signed a memorandum of understanding for technical cooperation in developing low-carbon and renewable energy utilisation, including hydrogen power generation business, to promote green construction sites and green buildings in Hong Kong.
Through this partnership, both parties will provide integrated new energy power generation solutions, including hydrogen energy, for construction sites and other applications in Hong Kong through scientific research and innovation, marketing promotion, and funding support.
Mr Don Cheng Hill-kwong, Chief Operating Officer – Hong Kong Business and Head of Sustainable Green Energy Hub of Towngas, hopes this collaboration will strengthen Hong Kong’s green energy industry chain. “With over 160 years of gas operation experience, Towngas possesses mature hydrogen extraction and storage technology, enabling us to provide safe and efficient hydrogen supply solutions. Chi Shing (Hong Kong) Group is a leading construction equipment supplier in Hong Kong and the Chinese mainland. This collaboration will facilitate the development of hydrogen energy applications in construction equipment, combining our strengths to launch hydrogen power generation business.”
Both parties aim to develop technical cooperation in low-carbon and renewable energy utilisation, actively responding to the HKSAR Government’s carbon reduction policies, promoting green energy applications and construction industry development, whilst injecting new momentum into Hong Kong’s new quality productive forces.
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Press photos:
Photo 1:
Witnessed by Mr Don Cheng Hill-kwong, Chief Operating Officer – Hong Kong Business and Head of Sustainable Green Energy Hub of Towngas (left, back row) and Mr Kenny Kok, President of Chi Shing (Hong Kong) Group (right, back row), Mr Charles Tsoi Chau-chi, General Manager – Commercial & Industrial Services & Business Development and Executive of GBA Business Project Development Office of Towngas (left, front row) and Mr Jason Kok, General Manager of Chi Shing (Hong Kong) Group (right, front row), sign the strategic cooperation agreement on behalf of both parties to jointly promote green energy industry development and inject new momentum into Hong Kong’s new quality productive forces.
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The Hong Kong and China Gas Company Limited