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Analogue Achieves HKQAA’s Green and Sustainable Finance Certificate and Issues First Green Loan Instrument

HONG KONG, Jan 4, 2022 - (ACN Newswire via SEAPRWire.com) - Analogue Holdings Limited (stock code: 1977) together with its subsidiaries (referred to as "ATAL Engineering Group", "ATAL" or the "Group"), a leading electrical and mechanical ("E&M") engineering services provider in Hong Kong, is pleased to announce that the Group has become the first E&M engineering group in Hong Kong to obtain the Green Loan Pre-Issuance Stage Certificate under the Green and Sustainable Finance Certification Scheme launched by Hong Kong Quality Assurance Agency ("HKQAA"). This closely follows the Group's milestone of becoming the first E&M engineering group to be qualified for the CIC Sustainable Finance Certification Scheme in November, a further testimony to its dedication to protecting the environment. Mr Peter Cheng, CFO of Analogue Holdings Limited, receives awards on behalf of the Group at the "Hong Kong Green and Sustainable Finance Awards 2021" ceremony organised by HKQAAThe Green and Sustainable Finance Certification Scheme emphasises the importance of impact assessment, stakeholder engagement and transparency. In response to diversified market needs, it covers specific green and sustainable subjects including sustainability-linked or green and climate transition requirements.Issuance of Group's first green loan instrument of HK$300 millionSubsequent to obtaining the certificate, the Group has issued its first green loan instrument amounting to HK$300 million with the proceeds earmarked for enhancing water and wastewater management. Over the years, the Group has been allocating resources to enhance technologies in energy optimisation. Deployment of green energy and innovative environmental solutions are also being developed through the Group's active collaboration with universities.Achievement of four awards under "Hong Kong Green and Sustainable Finance Awards 2021" organised by HKQAAIt is worth noting that the Group has also achieved four awards under "Hong Kong Green and Sustainable Finance Awards 2021" organised by HKQAA, another testament to its efforts in integrating ESG initiatives into businesses. The four awards include one organisation award, namely "Outstanding Award for Green and Sustainable Loan Issuer (Construction Industry) - Visionary Green Loan Framework", and three individual awards, namely "Leadership Award for Green and Sustainable Finance Development" and "Strategist Awards for Green and Sustainable Finance Development". Aiming to raise awareness of the United Nations Sustainable Development Goals in the financial sector and promote a common understanding of green and sustainable finance in society, the awards recognise the Group's contribution to the issuance of green financial instruments, thereby supporting Hong Kong's development as a sustainable finance hub.Dr Otto Poon Lok-To, Chairman of Analogue Holdings Limited, said, "With the official launch of our first green loan instrument, we are thrilled to be one step closer towards integrating sustainability into all aspects of our businesses. As the first E&M engineering group in Hong Kong to obtain certificates under HKQAA Green and Sustainable Finance Certification Scheme and CIC Sustainable Finance Certification Scheme, I believe we are also setting new bars for the industry, and hence showing our leading expertise and foresight among our peers. Looking ahead, we will continue to outline our actions and further underscore our ongoing commitment to contributing to a sustainable environment." About ATAL Engineering GroupEstablished in 1977, ATAL Engineering Group ("ATAL") is a leading electrical and mechanical engineering services provider headquartered in Hong Kong, with operations in Macau, Mainland China, the United Kingdom and the United States. Serving a wide spectrum of customers from the public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies ("ICBT") and Lifts & Escalators. ATAL's parent company, Analogue Holdings Limited, is listed on the Main Board of the Stock Exchange of Hong Kong (Stock Code: 1977). Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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DENSO Announces Organizational Changes in Pursuit of Green, Peace of Mind Causes

KARIYA, JAPAN, Dec 3, 2021 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced changes to its organization, executive structure and personnel, effective January 1, 2022.The changes will help DENSO:- Achieve its Long-term Policy 2030, which includes the concept of "Bringing hope for thefuture for our plants, society and all people."- Accomplish "Reborn 21," an internal plan to revolutionize operations to provide newvalue to society.- Expand its business domains to mobility, manufacturing and society-focused business,- Enhance the pursuit of its "green" (environmentally friendly) and "peace of mind" (saferworld for all) values. To check DENSO's updates, visit bit.ly/3Ggbgkx. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Everyone can do their part to keep Singapore clean and green: DPM Heng

SINGAPORE - As Singapore marks 50 years since its first Tree Planting Day, each and every Singaporean can do his or her part to keep the country green and sustainable, Deputy Prime Minister Heng Swee Keat said on Sunday (Nov 21). "The saplings planted 50 years ago have grown into beautiful trees with broad canopies and deep roots," he said. "In the same way, the Clean and Green Movement can continue to broaden and deepen in the years ahead." In a pre-recorded message from Mount Faber where one of Singapore's founding fathers, Dr Goh Keng Swee, planted a raintree at the first Tree Planting Day in 1971, DPM Heng said tree planting has become a cherished national tradition that has evolved and expanded into the Clean and Green Singapore movement which was launched on Sunday. In his speech, he outlined how people can keep the country green, reduce waste and ensure the city remains clean. He said Singaporeans could keep the country green by taking part in the One Million Trees movement which aims to plant more than a million trees here over the next decade. They could also partake in the national gardening movement and the NPark's Gardening with Edibles programme, which saw some 460,000 seed packets distributed last year. To reduce waste, DPM Heng said Singaporeans should buy only what they need and bring their own reusable bags and containers, while recycling regularly and correctly by depositing different materials in the correct bins and ensuring these are free of food contamination. Businesses can also play their part, such as the 169 partners of the National Environment Agency's Say Yes To Waste Less campaign. Keeping the city clean is also important. DPM Heng said the pandemic has taught us the importance of hygiene and cleanliness. Initiatives to encourage this include the Clean Tables Campaign launched earlier this year to remind diners to return their trays after meals. During the launch of Clean and Green Singapore 2021 at Kampung Admiralty, DPM Heng presented 16 national awards to  grassroots organisations for their efforts in public hygiene, cleanliness, resource conservation and energy efficiency. He also planted a critically endangered Knema curtisii tree with Mayor of North West District Alex Yam. They were joined by Minister of National Development Desmond Lee and Senior Minister of State for Sustainability and the Environment Dr Amy Khor, who planted a Horsfieldia polyspherula. The trees are from the nutmeg family. The event also saw the launch of CGS Experiences, an online series of webinars with a live host that will bring participants through a virtual tour of sites of significant environmental interest. Twenty sessions are available for public booking till March 31 next year. DPM Heng concluded his speech on Sunday with a Chinese saying that meant trees planted by former generations will provide shade for future generations. "Much like how young saplings planted in 1971 have flourished into a tree planting movement, what we build today will have a lasting effect for our future generations," said DPM Heng. "Let us all play our part in building a cleaner and greener Singapore for tomorrow." More on this topic   Related Story SG Clean Day now held four times a year; storage sheds to be set up for community cleaning   Related Story Coffee shop toilets decorated to look more 'homely' to encourage cleanliness

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TraceTogether app adds green passes for cleared users to allow quicker entry at places

SINGAPORE - An animated otter against a green background will now show up on the SafeEntry check-in pass of some TraceTogether app users when they clear vaccination and test status checks. In an update on the TraceTogether website at around 10.20am on Thursday (Nov 11), GovTech said this applied to those who are using version 2.11 and above of the app. Those using an older version of the app can update to the latest version. "The green and white passes were designed to enable quick entry at places with Vaccination or Test status checks," said GovTech, adding that the green background will allow staff to see the pass from a distance and clear queues quickly. It said the animated otter will allow venue staff to easily ensure that the person checking in is not using a screenshot. GovTech added: "Plus, what's not to like about a cute floating otter?" In order to get a green background, also known as a green pass, a person must have a green vaccination status on his home screen and a cleared test status where applicable. Those with a green pass simply need to show that page to venue staff, instead of tapping back to their app's home screen. Those who are unvaccinated and do not have a cleared test status will have a white background on their check-in screen, also known as a white pass. They will need to provide reasons or documents to be allowed entry at places that require vaccination or test status checks. White passes will also appear for those who use the group check-in function, said GovTech, citing "privacy and security reasons". In such cases, everyone in the group will need to show staff their vaccination and test status after they have shown the group check-in pass. "We understand this may create inconvenience, but your data privacy and security takes priority," said GovTech. The green and white passes were designed to enable quick entry at places with vaccination or test status checks, said GovTech. PHOTO: TRACETOGETHER/WEBSITE The green and white passes only show when someone checks in using the SafeEntry QR code. Check-ins done by tapping the app against a SafeEntry Gateway Box or SafeEntry Business App will not trigger the display of the passes. Most users on online forum Reddit welcomed the update, with some praising the inclusion of the animated otter. More on this topic   Related Story TraceTogether vaccination status restored after being unavailable to some earlier   Related Story S'pore eases Covid-19 rules from Nov 10: What you need to know "Better late than never, and I like the otter and I like that it's used to make sure it's not a screenshot," wrote one. However, some questioned whether checking in at venues is still necessary. Checking in with SafeEntry first became mandatory on May 12 last year, in order to help contact tracers find close contacts of infected cases quickly. On Monday, Singapore's director of medical services Kenneth Mak was asked whether contact tracing is still being carried out given the high number of daily cases and the goal of living with endemic Covid-19. Associate Professor Mak said at the time that contact tracing is still ongoing, but it is now being done in a more targeted manner, focusing on clusters and locations with vulnerable people.   Related Stories:  Related Story Singapore, Malaysia to start VTLs for quarantine-free air travel from Nov 29 Related Story S'pore eases Covid-19 rules from Nov 10: What you need to know Related Story Increasing ICU beds for Covid-19 patients may lead to poorer care for others Related Story Why do more men die of Covid-19? Related Story China ramps up Covid-19 controls, warns of severe situation as winter sets in Related Story How does Merck's Covid-19 pill compare with Pfizer's? Related Story Oxford scientists find gene that doubles risk of dying from Covid-19 Related Story What you need to know about the new Covid-19 Delta Plus variant AY.4.2 Related Story What scientists know about the risk of breakthrough Covid-19 deaths Related Story What the future holds for the coronavirus and us

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Hitachi Participates in COP26 as a Principal Partner

TOKYO, Nov 1, 2021 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE:6501) is participating in the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow, Scotland, from October 31 to November 12, in the capacity of "Principal Partner." Hitachi is offering presentations at Conference seminars, set up exhibits, and hold events both online and outside of the Conference venue.The Hitachi's Group at the COP26 Green ZoneHitachi is becoming a climate change innovator, helping governments, cities and companies cut their greenhouse gas emissions, as part of efforts to achieve a decarbonised society. Hitachi decided to take the role of Principal Partner at COP26 to demonstrate to the world its strong commitment to achieving this goal. The Group is accelerating activities aimed at achieving carbon neutrality at all Hitachi factories and offices worldwide by FY2030, and throughout the entire value chain by FY2050. By leveraging Hitachi's green technologies and digital innovations, the Group will contribute to resolving issues in the field of climate change.Taking advantage of the many opportunities offered by COP26, through dialogues with stakeholders, the Group will strive to meet its commitments through collaborative creation and by accelerating the global expansion of the environmental business. Following is an outline of Hitachi's initiatives at COP26: https://www.hitachi.com/New/cnews/month/2021/10/211029.pdf Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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16th edition of Eco Expo Asia showcases latest green products and technologies

HONG KONG, Oct 28, 2021 - (ACN Newswire via SEAPRWire.com) - Organised by the Hong Kong Trade Development Council (HKTDC) and Messe Frankfurt (HK) Ltd, and co-organised by the Environment Bureau of the Hong Kong Special Administrative Region (HKSAR) Government, the 16th edition of Eco Expo Asia opened yesterday and will run until Saturday (30 October). The last day of the event is Public Day, with the fair opening its doors to the general public.Organised by HKTDC and Messe Frankfurt (HK) Ltd, and co-organised by the Environment Bureau of the Hong Kong Special Administrative Region (HKSAR) Government, the 16th edition of Eco Expo Asia opened yesterday.The Green Transportation zone displays a variety of electric vehicles and related charging equipment.The Eco Asia Conference has invited industry leaders from around the world to share insights on a range of topics to create a one-stop environmental protection business platform.Attracting more than 200 exhibitors, this year's expo is being held as a hybrid event with physical and online exhibitions. The online fair will run until 6 November. With travel restrictions remaining in place between many places, the exhibitors are mainly from Hong Kong, although Austria, Mainland China, France, Taiwan and Switzerland have sent local representatives to join the physical event or are participating in the online show, while Canada, Japan and Sweden have set up group participation, putting a wide array of the latest environmental technologies and products on display.Wong Kam-sing, Secretary for the Environment of the HKSAR, and Margaret Fong, HKTDC Executive Director, officiated at the expo's opening ceremony yesterday. In her remarks, Ms Fong said: "Sustainability and carbon neutrality goals have been on the agenda of many governments for years but have been given even more impetus as countries and regions look ahead from the COVID-19 pandemic and integrate green polices into their recovery plans. Under the theme 'Promoting Green Recovery for Carbon Neutrality', this year's expo showcases the latest eco-friendly products, solutions, equipment and technology that will help everyone, from policymakers to manufacturers and consumers, make decisions and act in ways that are kinder and better to the environment."Eco Asia Conference gathers industry leadersA key event at the expo, the Eco Asia Conference began yesterday and continues today with industry leaders from around the world invited to share insights on a range of topics. Under a conference topic titled "Promoting Green Recovery for Carbon Neutrality", Guo Jing, Director-General, Department of International Cooperation, Ministry of Ecology and Environment of the People's Republic of China, gave a keynote speech that elaborated on Mainland China's policies and latest developments towards achieving carbon neutrality. As part of the same session, Lu Xiulu, Director-General, Department of Ecology and Environment of Guangdong Province; Li Shuisheng, Director, Ecology Environment Bureau of Shenzhen Municipality; Tam Vai-man, Director, Environmental Protection Bureau of the Macao SAR Government, and Fong Kin-wa, Assistant Director (Waste Reduction and Recycling), Environmental Protection Department of the HKSAR, jointly discussed solid waste policies and management in the Guangdong-Hong Kong-Macao Greater Bay Area. This session also covered several other issues, including plastic pollution management, "zero-waste city", plastic, resources and food waste reduction and recycling, as well as sharing details of the Waste Blueprint for Hong Kong 2035.The other three topics at the Eco Asia Conference are "Towards Material Circularity in Hong Kong", "Advancing Net Zero" and "Green and Sustainable Finance for Eco Business". A representative from the European Union Office to Hong Kong and Macao shared how to move to a circular economy and stop climate change; experts from the United Kingdom and Austria shared their experiences on the implementation of "advancing net zero" in local buildings; and a representative from Swire Properties introduced energy efficiency in existing buildings and target-setting certification.The importance of green finance has seen a sharp increase in recent years. The conference has invited senior representatives from the Securities and Futures Commission, Hong Kong Monetary Authority, the Financial Services and the Treasury Bureau, Hong Kong Exchanges and Clearing Limited and the Hong Kong Green Finance Association to discuss how green finance can promote the development of the environmental protection industry. The conference has also invited the Hong Kong Quality Assurance Agency, an environmental consultant and an environmental project holder to introduce green finance instruments, relevant certifications and practical suggestions for ESG reporting, and to share their experience on how to seek funding for corporate ecological projects.Nine thematic zones promoting industry exchangesThere are nine thematic zones at this year's expo, including Green Buildings & Energy Efficiency, Green Transportation, Waste Treatment & Recycling, Eco-friendly Products and the Startup zone. A new element, Green Finance and ESG-related (Environmental, Social and Governance) Services, has also been added.The electricity usage of buildings accounts for more than 60% of carbon emissions in Hong Kong. In response, the Green Buildings & Energy Efficiency zone showcases professional systems and solutions that reduce carbon emissions from buildings and improve energy efficiency, with Blue Sky Energy Technology (booth 1B-F18) exhibiting for the first time to showcase its Internet of Things technology and big data analysis for intelligent building monitoring that can improve a building's energy-saving performance. CLP Innovation Enterprises (booth 1C-A18), a subsidiary of CLP, uses its Smart Energy Connect (SEC) online platform to show a variety of energy monitoring solutions and methods to reduce a building's carbon footprint. These include carbon credits, the comprehensive energy management system called "Building Scope" and "Building Portfolio", and an integrated solution called PlantPRO that aims to improve operational efficiency in a building's plant room.At the beginning of this year, the HKSAR Government announced a roadmap for the popularisation of electric vehicles in the city. With electric vehicles now a fast-growing trend globally, the Green Transportation zone displays a variety of electric vehicles and related charging equipment, including electric scooters presented by Hong Kong Juhui Trading (booth 1B-D32) that are suitable for the express delivery of parcels and takeaway food. In addition, Cornerstone EV Charging Service (booth 1B-E35) presents electric vehicle charging equipment that optimises the power supply through a power load management system, bringing greater convenience for car park operators and users.This year's Startup zone has attracted a number of local start-ups that are developing products and technologies aimed at addressing environmental issues, including the openable and reusable straw produced by Green One Lab (booth 1C-B36), natural and biodegradable kitchen utensils and homeware from Desixnlab (booth 1C-B42), and a smart grower from Growgreen (booth 1C-B46).Green Mart and Green Workshops on Public Day this SaturdayEco Expo Asia will open its doors to the public for free on Public Day - the last day of the event on 30 October - to encourage citizens to participate in environmental protection and promote green living. The Hong Kong Observatory will run a talk explaining the impact of climate change and the Water Supplies Department will host a session on the "Let's Save 10L Water 2.0" Campaign, while Sino Group will introduce urban farming and green hotels. The public can also buy a variety of green products, healthy foods, organic daily necessities and skincare products at the Green Mart, while Green Workshops will offer tips on how to clean up oil pollution with natural materials, helping participants to understand the impact of marine pollution on seabirds, and share the skills needed to grow succulent plants.The 16th Eco Expo Asia - physical exhibition detailsDate and Time | Admission | Venue27-29 October (Wed-Fri) 10am-6pm | Free admission to trade visitors aged 18 or above only | HKCEC30 October (Sat) 10am-5pm | Free admission to all visitors | HKCECEco Expo Asia website: www.ecoexpoasia.comOverview of selected environmentally friendly products: https://bit.ly/3neGssxPhoto download: https://bit.ly/3BlAACOAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInMedia enquiries:HKTDC's Communications & Public Affairs DepartmentClayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Fujitsu Sources 100% of Energy Needs for Global HQ from Renewables

TOKYO, Sep 24, 2021 - (JCN Newswire via SEAPRWire.com) - Based on its medium- and long-term environmental vision, the "Fujitsu Climate and Energy Vision," Fujitsu Limited demonstrated its commitment to contributing to the realization of a carbon-neutral society and adaptation to climate change with a pledge to source 100% of its energy needs for its global Shiodome HQ building from October 2021.Fujitsu Shiodome Global HeadquartersFor the Fujitsu Group, this marks a pioneer project for its rented offices within Japan, and to realize an effective supply of renewable energy, Fujitsu will rely on the "Green Energy Supply Service"(1) of Mitsui Fudosan Co., Ltd., which manages the Shiodome City Center property. This service has been developed to provide rented offices with renewable energy with environmental value like energies derived from post-FIT residential solar power generation.Fujitsu is promoting the use of renewable energy at its global HQ as part of a company-wide effort to optimize the management of indirect material costs and create a virtuous cycle of sustainability.Through these activities, Fujitsu will continuously contribute to the decarbonization of its own operations, as well as its customers and society at large, adapting climate change, as set forth in its medium- and long-term environmental vision.(1) Green Energy Supply Service:Service developed by Mitsui Fudosan in cooperation with electric power companies with the aim of providing tenants of office buildings who aim to achieve RE 100 and SBT targets with green energy. Fujitsu will take advantage of this service in order to use electric power with environmental value through the use of non-fossil fuel certificates with tracking information. Mitsui Fudosan and Fujitsu will continue to cooperate as good partners with the aim to contribute to SDGs and promote ESG management towards the realization of a sustainable society. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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MHI to Issue the Second Series MHI Green Bond

TOKYO, Aug 2, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) today submitted a revised shelf registration statement to the Director-General of the Kanto Local Finance Bureau in preparation for its planned issuance of a corporate green bond in the Japanese market. This will be the Company's second issuance of this kind, following issuance of the heavy industry sector's first green bond in 2020.In 2020, MHI identified five components of "materiality": topics which the Company should address with high priority in order to help solve major social issues and simultaneously enable its sustained growth long into the future. Among the five topics is to "provide energy solutions to enable a carbon neutral world." In its "2021 Medium-Term Business Plan," which covers the three years starting FY2021, this materiality issue has been reflected by designating "Energy Transition" solutions as a central growth engine, committing the Company to focus investments into products and services that will contribute to decarbonization in power generation and other fields.Through issuance of green bonds, MHI Group will diversify its means of procuring funds as it also pursues achievement of the Energy Transition, toward realizing a carbon neutral world by 2050. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Leo Secures a Total of HKD1.15 Billion Green Loan after Successful Completion of Third Round of Green Financing

HONG KONG, Jul 28, 2021 - (ACN Newswire via SEAPRWire.com) - Leo Paper Group (Hong Kong) Limited (the "Group"), a global printing communications company based in Hong Kong, announced that its wholly-owned subsidiary, Leo Paper Group Finance Limited ("Leo"), has signed a HKD400 million four-year green term loan and revolving credit facility ("Green Loan") with a group of eight major banks today. Together with the green loans totalling HKD750 million obtained in 2018 and 2019, the Group has secured a total of HKD1.15 billion in Green Financing. Also, the Group has been recognised as the first batch of local companies eligible for the Green and Sustainable Finance Grant Scheme of the Hong Kong Monetary Authority ("HKMA"), entitling it to full subsidy for all external review service expenses. The advent of the COVID-19 pandemic has raised notably worldwide attention on the environmental, social and governance (ESG) endeavours of business corporations. In the "14th Five-Year Plan for the Development of Circular Economy" recently released by the National Development and Reform Commission, there is a clear direction of achieving full implementation of "circular production" by 2025, encouraging industries to promote green designs and clean production, and to more efficiently integrate and apply resources. It also urges financial institutions to increase green economy-related investment and financing so as to support companies and projects related to the circular economy. As a leader in the printing industry and a first mover in ESG, Leo continued to enjoy strong support from local and international banks for this third round of Green Financing amid the pandemic. Part of the HKD400 million green loan will be used on the green construction projects in its existing plants in Mainland China and Vietnam, to strengthen energy saving and reduction of carbon emissions, waste gas, solid waste, waste water and other environmental protection facilities. Another part of the loan will be used to build a new green plant in Hunan, China that complies with the certification standards, and more stringent standards will be adopted at the plant for energy consumption, waste water and waste discharges. The aim of such efforts is to help the country promote "carbon peaking" and "carbon neutrality", while also driving the Group's business development in Mainland China.In fact, Leo has been boosting its efforts on energy and emission reduction at its production plants in Mainland China and Vietnam over the years to help foster sustainable development of the paper products and printing industry. Since securing green loans totalling HKD750 million in 2018 and 2019, the Group has invested a few hundred million Hong Kong dollars so far in various energy saving and technological improvement projects in relation to energy efficiency management, carbon emissions reduction, waste water, waste gas control, green buildings, resource utilization and recycling of natural resources, etc. The significant results achieved have helped the Group's production bases save cumulatively close to 18 million kwh of electricity and reduce over 9,200 tonnes of carbon emissions (data as of July 31, 2020), making environmental protection and energy saving much more effective.In addition, having been recognised as the first batch of companies eligible for Hong Kong Monetary Authority's (HKMA) Green and Sustainable Finance Grant Scheme, Leo has received subsidy that covered all its external review service expenses. Also, with the effort to promote development of green financing in Hong Kong, Leo became the first private company to obtain the Hong Kong Quality Assurance Agency ("HKQAA") Green Finance Certification in 2018. Later in 2020, the Group also won the "Outstanding Award for Green Loan Issuer - Comprehensive Green Framework - Single Green Loan (Printing & Communication Industry)" from the Hong Kong Sustainable Finance Awards 2020 organised by HKQAA. In addition to the successful approval of the HKMA's Green and Sustainable Finance Grant Scheme, it is undoubtedly a great affirmation and encouragement to Leo's promotion of green development over the years.Mr Samuel Leung, Group Chairman, said, "2020 was a year of changes and challenges. COVID-19 pandemic which has lasted for more than a year has profound impacts on the entire society, economy, market demand and business operations. Some of the Group's businesses such as paper packaging, greeting cards and gifts, were also slightly affected last year. However, benefiting from people staying home longer particularly in Europe and the US, the Group's home entertainment products including books, card games and jigsaw puzzles had impressive growth in the slack market. With the pandemic gradually coming under control, the Group will expand the production capacity of its plants in Mainland China and Vietnam to prepare for the economic recovery.""The pandemic has helped us realise the importance of sustainable development to a company. Thus, we have implemented timely a full spectrum of sustainable development strategies for environmental protection, social responsibility, employee protection and business excellence. Looking ahead, the Group will continue to promote environmental protection and strive to achieve the 'zero-waste factory' goal, in the hope of setting new industry standards."Mr King Lai, CFO of the Group, said, "In spite of the uncertainties in the global and local markets in recent years, our latest Green Financing still received strong support from eight major banks. The fact that the HKD400 million four-year green term loan and revolving credit facility only took 36 days to organize - a new industry record - is a clear testament to the strong confidence the capital market has in the Group's financial strength and prospects. We are proud to have secured the funds and are grateful for the trust and recognition from the banks. Going forward, we will continue to deliver on our promise of leading the industry towards a greener future."Mr Frank Fang, Head of Commercial Banking, Hong Kong, HSBC, said: "Building on our support for Leo Paper's Green Loan Framework established in 2018, we are pleased to participate in the Group's Green Financing projects for the third time, as it continues to embed sustainability into its operations. The banking sector plays an important role in corporates' net-zero mission. As the leading bank in the sustainable finance market, HSBC is dedicated to supporting our customers' ESG agenda and driving the transition to a low-carbon economy." The eight banking institutions participating in the Green Financing exercise included (in alphabetical order):Bank of China (Hong Kong) Ltd.Citibank, N.A.CTBC Bank Co., Ltd. Hang Seng Bank Ltd.The Hongkong and Shanghai Banking Corporation Ltd.Mizuho Bank, Ltd.The Bank of East Asia, Ltd.United Overseas Bank Ltd. To demonstrate its determination to realising long-term sustainable development, Leo has formulated the "Green Harmony" framework as the core policy aiming to build a green business chain from raw materials to consumers and from design to disposal. The Group also raised the barriers of the framework this year, hoping to give new impetus to its green development. For information about Leo's work in promoting sustainable development, please refer to: https://tinyurl.com/rj9v5je8About Leo Paper Group (Hong Kong) LimitedSince 1982, the Group has engaged in business as a traditional printing company and since then, it has developed into a leading global printing communications company, providing its clients with comprehensive printing services. Over the years, the Group has continued to promote environmentally-friendly materials and cleaner production technologies. To enhance its green manufacturing capability, not only has the Group increased sourcing of "green" materials and developed products with green technologies, but it has also reduced waste and emissions and has reused resources. The Group strives to improve their environmental performance in the production and business operations to reduce the ecological footprint to help create a better future.For media enquiries:Name: Kay LauTitle: Assistant ManagerStrategic Financial Relations Ltd.Phone: (852) 2114 2239Email: kay.lau@sprg.com.hkName: Emma FungTitle: Executive SecretaryLeo Paper Group (Hong Kong) Ltd.Phone: (852) 2535 2438Email: EmmaFung@leo.com.hk The electronic version of this press release is now available for download.English version: https://tinyurl.com/7485kp3sTraditional Chinese version: https://tinyurl.com/2dkzcvcp Simplified Chinese version: https://tinyurl.com/j7auyyxk Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Opportunities for public-private tie-ups in sustainable infrastructure development despite Covid-19: Indranee Rajah

SINGAPORE - Delivering quality and sustainable infrastructure has been made more challenging with the pandemic, and will be even more complex due to climate change and rapid urbanisation. But there are opportunities for partnerships and co-creation among governments, multilateral development banks and private sector, said Minister in the Prime Minister's Office Indranee Rajah. She was delivering a keynote address at the Asia Infrastructure Forum on Wednesday (June 23) at Marina Bay Sands Expo and Convention Centre. Held in a hybrid format this year due to Covid-19, the event, jointly organised by the Ministry of Finance, Enterprise Singapore, Monetary Authority of Singapore (MAS) and Infrastructure Asia, drew more than 2,000 participants. Ms Indranee, who is also Second Minister for Finance and National Development, said Covid-19 has led to an almost 4.5 per cent drop in global economic growth. In Asean last year, all countries experienced an average fiscal deficit of 7.6 per cent of gross domestic product. "Asian governments and multilateral development banks have identified infrastructure as an important means of achieving economic recovery through increased access to financial flows, boosting construction activity and employment. To that end, some are proactively accelerating the infrastructure development," she said. "Additional investments through public-private partnerships would be a welcome source of liquidity, as countries continue to devote urgent resources to battle the pandemic." Outlining ways for Asia to mobilise private capital, Ms Indranee said the first step is to overcome barriers in attracting such funding. One key hurdle is the lack of a common language on green finance, to provide clarity and confidence. In Singapore, she added that the Green Finance Industry Taskforce convened by MAS is developing a taxonomy that sets out definitions and criteria for activities that can be considered green, or transitioning towards green. The nation is also actively participating in Asean efforts to develop a regional taxonomy that caters to the varying developmental stages of each member state. There is also a need to better understand the climate risk characteristics of infrastructure assets, she said, noting that there is "currently little data available". She noted that Singapore is well placed to support sustainable infrastructure. It is Asean's largest green finance market, accounting for about 40 per cent of green bond and loan issuances in 2020. Given that governments have diverted resources to combat the pandemic, driving regional sustainable infrastructure requires public-private tie-ups and deeper collaboration between governments and international financial institutions, she added. As governments look to tap private funding, they can "consider engaging the private sector to better understand their considerations and risk appetite". Such tools could include policy dialogues, sustainable business promotion and engagements with business associations. The early involvement of governments, project owners and stakeholders could result in stronger co-creation and bankable projects, Ms Indranee noted. "This creates a shorter runway and reduces the risk premium of projects, thereby lowering the borrowing costs of project developers." She cited the example of the Phnom Penh Logistics Complex, which Singapore's YCH Group will design, develop and operate; and Infrastructure Asia's partnership with Japan's Ministry of Land, Infrastructure, Transport and Tourism to develop smart cities, roads and bridges in Asia. Ms Indranee was also involved in the launch of the Asia Sustainable Infrastructure Advisory Panel during the forum - to help uncover new tools and approaches as well as promote opportunities. Members include Centre for Liveable Cities chairman Dr Cheong Koon Hean, Columbia University adjunct professor and former chief executive of the World Bank's Multilateral Investment Guarantee Agency Keiko Honda, and Guggenheim Investments global chief investment officer Scott Minerd.

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Hydrogen Project in Hamburg on German Government Shortlist

TOKYO, May 31, 2021 - (JCN Newswire via SEAPRWire.com) - The partners of the Hamburg Green Hydrogen Hub, namely Shell, Mitsubishi Heavy Industries (MHI), Vattenfall and the municipal company Warme Hamburg can continue to be optimistic about receiving EU funding to implement their plans. The project in Hamburg has been included in the German Federal Ministry of Economics' shortlist of projects under consideration for funding under the EU's "Important Projects of Common European Interest" (IPCEI) program.The shortlist includes 62 projects from initially around 200 individual projects that applied for funding under the IPCEI program. The HH-WIN project, by the Hamburg gas network, which will provide the pipeline infrastructure for hydrogen transport in Hamburg, is also on the short list.The companies Shell, Mitsubishi Heavy Industries (MHI), Vattenfall and municipal company Warme Hamburg are planning how they can jointly produce hydrogen from wind and solar power at the Hamburg-Moorburg power plant site and utilize it in its vicinity. In addition to the construction of a scalable electrolyser with an initial output of 100 megawatts, the further development of the site into a so-called "Green Energy Hub" is planned. This includes the exploration of the extent to which the existing infrastructure of the Moorburg location can be used for the production of energy from renewable sources. In this context, concepts for the necessary logistics chains and storage options for hydrogen will also be considered. Subject to final investment decision and according to the current state of planning, once the site has been cleared, the production of green hydrogen is anticipated in the course of 2025 - making the electrolyser one of the largest plants in Europe.The four partner companies view the energy location as having ideal conditions for further use. It is connected to both the national 380,000 volt transmission network and the 110,000 volt network of the City of Hamburg. In addition, overseas ships can call at the location directly and use the quay and port facilities as an import terminal. The municipal gas network company also intends to expand a hydrogen network in the port within ten years and is already working on the necessary distribution infrastructure. Numerous potential customers for green hydrogen are located near the site, thus enabling the project to cover the entire hydrogen value chain - from generation to storage, transport and utilization in various sectors. With these prerequisites, the Moorburg location is optimal for the German federal state of the Free and Hanseatic City of Hamburg and Northern Germany and can become a potential starting point for the development of a hydrogen economy.The next step is a so-called "matchmaking" at EU level, which aims to bring together projects with a similar focus in the various EU Member States.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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37 projects to receive $3.7 million under SG Eco Fund

SINGAPORE - A total of 37 green projects will receive $3.7 million in grants under the SG Eco Fund set up to aid sustainability efforts, Minister for Sustainability and the Environment Grace Fu announced on Saturday (May 22). Of these, 25 projects will receive up to $50,000 in funding, while the remaining 12 will receive between $50,000 and $700,000. Awarded projects include a self-help recycling zone by the Buddhist Compassion Relief Tzu-Chi Foundation, set up to teach the community to recycle the right way; and a laptop repair and upcycling workshop by non-profit organisation Engineering Good to redistribute these refurbished laptops to family service centres and needy beneficiaries. A press release issued by the Ministry of Sustainability and the Environment said that the winning projects were evaluated on their environmental outcomes, as well as community engagement and implementation plan, among several factors. "They address a broad spectrum of environmental issues, ranging from waste management and recycling to public cleanliness and low-carbon solutions," said a spokesman. "They are a mix of public, private and people sector applicants." Other grant recipients are grassroots bodies such as the Yuhua and Bedok Citizens' Consultative Committees and Marymount Community Club; the National University of Singapore and Singapore Management University; the Singapore Food Agency statutory board; and Gardens by the Bay - whose project involves the development of a freshwater mangrove wetland ecosystem at the tourist attraction and nature park. The $50 million SG Eco Fund was launched in November last year and received more than 200 applications from both individuals and organisations after its first grant call, which was extended to the end of January. Among those who were awarded funding were Ms Celine Delacharlerie, Ms Chew Li Hong, Ms Aurelie Chameau and Ms Liyana Mahira, for their idea to organise an environment-themed scavenger hunt taking participants to green locations to educate them on sustainability. In her opening speech at a youth forum, held virtually, by non-profit organisation Global Compact Network Singapore, Ms Fu also singled out herb farm owner Eddie Chen, who aims to convert waste by-products into mycelium - a fungal tissue - materials for packaging and furniture. Ms Fu mentioned Ms Rachel Lee, 20, whose project will recruit volunteers and engage store owners in neighbourhoods to set up collection points for reusable bags and contact lens blisters, or packaging. "With that, she hopes to influence and change the norms in her neighbourhood," said Ms Fu during a fireside chat later. "If we do recycling, if we don't use that much of plastics and disposables, I think it sets a norm around you - people will look and (see it as) the expected behaviour." The SG Eco Fund supports the Singapore Green Plan 2030, a national road map launched in February this year to chart a more sustainable path forward for the Republic. The Plan sets out targets like having more energy-efficient buildings and improving resilience to the impact of climate change, such as by boosting local food production. More on this topic   Related Story Ideas from Green Plan conversations will be evaluated for possible action, says Grace Fu   Related Story Businesses must get ahead of the curve in Singapore's pursuit of green growth: Grace Fu

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New green initiative set up to enhance sustainability efforts in PAP town councils

SINGAPORE - Plans to roll out more green initiatives such as food composting in housing estates are in the works as part of efforts to build more sustainable living environments for residents. To this end, the 15 People's Action Party (PAP) town councils have set up an initiative to enhance their sustainability plans and efforts in support of the Singapore Green Plan 2030. The initiative will foster collaboration between town councils, residents as well as sustainability experts and advocates and work towards making every PAP-managed town zero-waste, energy efficient and greener by 2025, the party announced on Saturday (May 15). One MP from each council, together with representatives from Young PAP, will form the Action for Green Towns task force, which will be led by Jalan Besar Town Council chairman Wan Rizal Wan Zakariah. For a start, the task force will review all existing sustainability projects across the various town councils. Existing initiatives include adoption of energy-saving LED lamps and smart lighting, encouraging cycling by building more bicycle racks, as well as making the roofs of multi-storey carparks greener. Mr Lim Biow Chuan, who is coordinating chairman for PAP town councils, said: "The impact of climate change cannot be ignored and we need to take action to ensure that we are creating a better and more sustainable living environment for our residents. "This is important to address a global emergency and that is why sustainability must be a cornerstone of our town management practices." He noted that the task force will evaluate existing projects and assess which are most appropriate and scaleable across all the town councils. A first "report card" will be released at the end of the year, outlining the collated initiatives and how things can be done better, said Dr Wan Rizal, adding that each town council will also periodically announce their own plans. "I think it's important to build upon the good work that many of the town councils have done, come together and push towards (this sustainability goal)." Mr Lim added that the town councils would explore the various recommendations that the task force comes up with before deciding how sustainability initiatives will be funded. Some of the initiatives, such as greening the rooftops of multi-storey carparks, will be done in conjunction with other stakeholders such as the Housing Board. Dr Wan Rizal also highlighted that residents will play a key role in shaping this green journey for the towns and will be involved in the entire process, from providing feedback to coming up with ideas and implementing them. Adding to his point, Sembawang GRC MP Poh Li San said that this initiative builds on the current sustainability momentum in Singapore and is a good opportunity to get residents to participate in transforming their living environment. "At the end of the day, this green movement brings us together, gives us a common cause to work together for our future generations. At the same time, there are many intangible benefits we can derive, so long as we all want to do this together." More on this topic   Related Story Singapore Green Plan 2030 to change the way people live, work, study and play   Related Story Growing the green plan

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Innovative UK Energy Company Increases Rewards for Residential Roof Top Solar

LONDON, Apr 26, 2021 - (ACN Newswire) - Rowan Energy has launched a new and leading global solar incentive programme; Rowan Rewards. The platform gives customers reward points similar to other loyalty programs for the energy produced by their roof top solar. Since the end of the feed-in tariff in 2019, there has been no financial incentive to adopt solar technology. Rowan however aims to change this by bringing carbon offsetting and blockchain together enabling greater environmental and financial rewards to its customers. The UK-based energy start-up passionately believes in making renewable energy production equally as valuable to its producers as it is for the environment.Right now, potential solar customers can earn a maximum 5.5p per kilowatt hour (kWh) for the electricity produced by the solar panels on their roof. This means, depending on your solar supplier, that it could take up to thirty years to get a return on investment, which is longer than the panels are expected to last.Rowan Energy residential customers can currently enjoy returns of up to 15.5p per kWh with the capacity for this figure to grow in future. Potentially bringing them profits on their solar investment in less five years.Rowan allocates rewards for every kWh produced by the solar setup, not just what is fed onto the grid. This level of incentive is achieved by bringing several new technologies together in a single package. The backbone of their platform is a custom built blockchain. A blockchain is a distributed secure database, that traditionally utilises large amounts of energy to run. Rowan built their own custom blockchain from the ground up. The blockchain was designed to run on Raspberry Pi's (a UK distributed micro-computer), making it low powered and therefore low-carbon.Each customer gets a new type of smart meter called a Rowan Smart Miner added to their solar installation. This Smart Miner is non-intrusive and can be fitted alongside current solar installations or added to a purchased solar package.The Smart Miner sits behind the existing smart meter, counting the energy produced by the roof top installation while simultaneously validating the transactions on the blockchain itself.Once installed the Smart Miner counts the energy produced by the solar panels and rewards its owners with points accessible via a user-friendly interface either on a desktop or mobile app. As these devices sit behind the solar panels Rowan's custom made blockchain is mostly solar powered and carbon neutral.The reward points represent 10p for every kWh produced. Once collected points can be transferred to your PayPal account or Rowan Debit card, with the added benefit of being given the option to donate rewards directly to UK fuel poverty charities.When joining Rowan Energy Rewards, you will not have to change your current supplier and it does not affect any agreed feed-in program.In February 2021 Rowan began its beta rollout program. Working with leading solar panel installer Ecocute, Rowan has begun installing miners into 50 properties to test and perfect the program end to end prior to a national rollout. Rowan Energy has a target of installing ten thousand miner units in properties by the end of the year.Already building partnerships in Canada, France and Poland, Rowan Energy expect to replicate the platform and offer the same incentives globally.This is just the beginning of the Rowan Energy journey. Once Rowan has signed up a significant number of solar customers, they plan to launch their peer-to-peer energy trading platform. This means that solar prosumers will be able to sell their energy directly to other consumer, based on how much energy the customer needs and the producer closest to them. Meaning you could share your solar energy production with family, friends and others.By bringing this to market Rowan Energy will become the world's first community fed green energy company. Customers will be able to go onto their dashboard and see in real-time where their energy is being produced.This not only brings better returns for producers, but cheaper green energy for consumers and eliminates the controversial use of Green Energy Certificates to greenwash energy produced by diesel or coal power stations. Some energy companies buy brown energy, offset the carbon and then sell it to unsuspecting Green energy customers.The idea for the business was first established in 2018 in Cambridge, by the company's CEO and founder; David Duckworth.After being rebuffed by several large utility companies, David worked to develop the idea and brought out a 4 stage plan to bring the new incentive to market.Phase one saw Rowan Energy build a beta version of its low-carbon blockchain and partner with smart meter provider PassivSystem to launch a proof of concept that tracked the energy production of 175 houses and rewarded them for that production.In phase two Rowan released its live blockchain and then added the base token; Rowan Coin, to major exchanges ProBit and LAtoken. Next Rowan Energy set about hiring talent from around the world to help make David's vision become a reality.Following on from phase two Rowan concluded the development of its Smart Miner technology and manufactured its first revolutionary hardware product. Partnering with a welsh open-source smart meter company Emonpi they were able to move into the current phase three, which has seen the Smart Miner being rolled out to homes as part of its beta launch trial. A national rollout is expected in the latter part of 2021.Phase four will see the introduction of Rowan as a licenced utilities provider followed by exciting Solar-Battery-EV potential advancements.Rowan Energy are expected to change the way people buy and sell their energy, bringing a much-needed revision to an increasingly obsolete industry. With encouraging incentives, Rowan Smart Miners and an accessible platform, Rowan offer straightforward financial returns and environmental benefits.Rowan Energy want to make Green Energy available and rewarding to all.Join Rowan Rewards today by visiting.Contact Info:Rowan Renewable Energy LTD483 Green Lanes, London, England, N13 4BSSupport@rowanenergy.comwww.rowanrewards.comwww.rowanenergy.comSOURCE: Rowan Renewable Energy LTD

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Mitsubishi Heavy Industries Partner in Newly Established Hamburg Hydrogen Network to ‘Make Hamburg Greener’

Hamburg, Germany, Apr 26, 2021 - (JCN Newswire via SEAPRWire.com) - The companies Airbus, ArcelorMittal, Gasnetz Hamburg, GreenPlug, Hamburger Hafen und Logistik, Hamburg Port Authority, HADAG Seetouristik und Fahrdienst as well as Stadtreinigung Hamburg, together with the companies behind the Hamburg Green Hydrogen Hub - namely Shell, Vattenfall, Mitsubishi Heavy Industries and Warme Hamburg - have formed the Hamburg Hydrogen Network (Wasserstoffverbund Hamburg).Twelve companies join forces to form Hamburg Hydrogen Network (credit: Warme Hamburg)Both the German Federal Government and the European Union want to support high-profile projects in order to lay the foundation for a strong hydrogen economy in Europe. In a first joint effort, the Hamburg Hydrogen Network has submitted an application under an EU-wide support program.The network's projects, linking hydrogen production, distribution and utilization across a range of applications, will contribute to significant emission reductions. Already as of 2026, the network partners' projects could reduce CO2 emissions in Hamburg by 170,000 tons each year. Thanks to local electrolysis, sea-side imports and connection to the emerging European hydrogen network, the Hamburg Hydrogen Network has the potential to reduce Hamburg's current 16 million tons in CO2 emissions by more than 1 million tons annually by 2030.The green hydrogen produced by the Hamburg Green Hydrogen Hub primarily would replace fossil fuels in industrial production as well as in the transport and logistics sector. The additional utilization of the waste heat from the electrolysis for the district heating network and the thermal treatment of municipal waste would reduce the environmental footprint of a variety of industries even further.The planned conversion of a coal power plant in Hamburg-Moorburg into a scalable 100-megawatt electrolysis plant for the production of green hydrogen from renewable energy, is seen as the foundation for building a complete hydrogen value chain in Hamburg. The Port of Hamburg, with its wide network of potential industrial applications and service partners, offers a unique location-specific advantage to creating a viable hydrogen economy.Positive Spillover EffectsIn addition, the network should produce a variety of positive spillover effects throughout Germany and across Europe. It is already closely linked to other activities among Germany's northern neighbors. International cross-border collaboration will be pivotal to the creation of a viable European hydrogen economy that includes renewable energy and hydrogen production facilities, integrated infrastructure and distribution as well as a variety of demand generators from heavy industries to road, rail, water and air transport.The application submitted by the twelve companies to the EU-wide "Important Projects of Common European Interest" (IPCEI) funding program represents nine complementary projects to achieve this objective - all in the vicinity of the Port of Hamburg. Financial support by the Federal German Government under the IPCEI program is necessary to implement this landmark interconnection project and close the price gap between green hydrogen and fossil solutions.The nine projects are:HGHH - Hamburg Green Hydrogen HubThe companies Shell, Mitsubishi Heavy Industries (MHI), Vattenfall and municipal company Warme Hamburg are planning to jointly produce hydrogen from wind and solar power at the Hamburg-Moorburg power plant site and utilize it in its vicinity. In addition to the construction of a scalable electrolyser with an initial output of 100 megawatts, the further development of the site into a so-called "Green Energy Hub" is planned. "The establishment of an electrolysis facility to produce green hydrogen on the site of a decommissioned coal-fired power plant is a prime example of how the transformation of fossil-fuel production sites can be achieved at other locations in Europe," agree Fabian Ziegler (CEO Shell Deutschland), Oliver Weinmann (Geschaftsfuhrer Vattenfall Innovation GmbH), Kentaro Hosomi (Chief Regional Officer EMEA Mitsubishi Heavy Industries) and Christian Heine (CEO Warme Hamburg).AirbusAirbus' ZEROe aircraft concept is a fundamental contribution to global climate goals and aims to reduce emissions from aviation in a sustainable manner. The concept of "Hydrogen for the infrastructure and production of aeronautics in Northern Germany" (WIPLiN) provides that, in addition to the construction of a hydrogen-powered aircraft prototype, the development of hydrogen infrastructure will be promoted. "For Airbus, hydrogen is a key technology for the aviation industry of the future. This is not only about the propulsion of aircraft, but also about the infrastructure of our production site. We are one of the largest employers and industrial companies in the Hamburg region. This is why the expansion of the hydrogen industry network and further electrolysis capacity are important for us," says Dr. Andre Walter, Head of Airbus Commercial Germany.ArcelorMittalThrough its production of green steel, the company aims to make a significant contribution to reducing CO2 emissions in the supply chain as part of the H2 for Hamburg (H2H) project. ArcelorMittal's Hamburg plant will be converted to climate-neutral steel production in four steps by 2030 as part of the H2H project. These include the construction of a hydrogen-powered demonstration plant for the direct reduction of iron ore (H2First) and the technological upgrading of the existing direct reduction plant (H2Ready) to replace the long-term use of natural gas with green hydrogen. "In order to ensure the supply of green hydrogen, we rely on the local hydrogen industry network and a significant proportion of hydrogen from the Hamburg Green Hydrogen Hub," comments Dr. Uwe Braun, CEO ArcelorMittal Hamburg.Gasnetz HamburgBy 2030, the company plans to build a supply-safe infrastructure for the hydrogen needs of Hamburg's industrial sector and its national and European network through the project "Hamburger Hydrogen-Industrie-Net" (HH-WIN). Hydrogen infrastructure is the central link connecting all of these projects. The project will be developed and implemented on a demand-driven basis and in stages. "It is our declared aim to create the possibility for Hamburg's industrial companies to replace their current gas needs with climate-neutral green hydrogen. Thanks to local electrolysis, sea-side imports and the connection to the emerging European hydrogen network as well as the neighboring North German hydrogen production centers, our hydrogen network will be able to replace about 570 million cubic meters of natural gas per year and thus save 1.2 million tons of CO2," says Christian Heine, Managing Director of the Hamburg gas network.GreenPlugThrough its "H2 Schubboot" (H2SB) project, the company has designed an emissions-free pusher boat with the power to move 2,400 tons at a speed of 10 knots. The propulsion system consists of pressurized hydrogen storage tanks and fuel cells with buffer batteries that drive the ship's propellers via a direct current network. As the first step of this project, GreenPlug plans to build and test a pusher boat. Subsequently, it will build a further nine boats and charter them to operators. "This innovative project will strengthen the market in the design, construction and operation of ships for inland waterways, especially for those using hydrogen and fuel cell technology. We will buy green hydrogen as soon as it is available," says Dr. Agnus Cassens, CEO of GreenPlug.Hamburger Hafen und LogistikThe port and logistics company HHLA (Hamburger Hafen und Logistik AG) plans to put various types of fuel cell heavy-duty vehicles into operation at its terminals in Hamburg (Straddle Carrier, trucks, terminal tractors, forklift trucks, empty container handlers and a shunting locomotive). "If the project is successful, we see the potential to apply the experience from Hamburg widely at our other German and numerous European sites in order to make a significant contribution to the decarbonization of European logistics," says Lars Neumann, Director Logistics, Strategy and Business Development, Hamburg Hafen und Logistik AG.Hamburg Port AuthorityWith the Hydrogen Port Applications (HyPA) project, the Hamburg Port Authority (HPA) is setting two different priorities as an infrastructure provider and enabler for roads, railways and waterways in the port of Hamburg. The transformation of mobility into the post-carbon era is aimed, on the one hand, at the provision of hydrogen fueling stations for locomotives, ships and trucks and, on the other, at the construction and use of innovative hydrogen-powered vessels. "Hydrogen fuel tank infrastructure in the Hamburg harbor area allows emission-free traffic in the heavily used harbor area and is an essential step towards decarbonization," says Jens Meier, CEO of the Hamburg Port Authority.HADAG Seetouristik und Fahrdienst AGAs the operator of public passenger ferries in the port of Hamburg, the public company of the Freie und Hansestadt Hamburg plans the use of emission-free vessels in its fleet. The H2HADAG project envisages the conversion of three new ships from diesel-hybrid to hydrogen-hybrid as well as the addition of two completely new ships (hydrogen-hybrid). "In close coordination with our partners, we count on the establishment of the necessary fueling infrastructure and will thus successfully gear our fleet towards the future," says Dr. Tobias Haack, CEO of HADAG.Stadtreinigung HamburgThe Hamburg City Council is building the Center for Resources and Energy in Hamburg, Stellingen. With the project "Waste to Hydrogen for Hamburg", it intends to use energy from the thermal recovery of non-recyclable residual materials together with the transport companies Hamburg-Holstein, Heat Hamburg, Gas Network Hamburg and Hamburg. This electricity is to be used for electrolysis and charge batteries for e-mobility. "Thanks to our waste to energy concepts, we contribute sustainably to the use of green electricity in many other areas. This includes promoting climate-friendly mobility with alternative propulsion technologies such as hydrogen refuse vehicles or buses," says Prof. Dr. Rudiger Siechau, Managing Director Stadtreinigung Hamburg. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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MHI Invests in Starfire Energy, a Modular Green Ammonia Solution Provider, to Accelerate Efforts to Energy Transition

TOKYO, Apr 9, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) today announced that it has invested in Starfire Energy Inc., the leading developer of modular chemical plants for the production of green ammonia and hydrogen with a patented catalyst technology located in Denver, CO. The partnership will be used to advance the development of commercial scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier. The investment has been executed through Mitsubishi Heavy Industries America, Inc., joining a consortium of investors, including AP Ventures, Chevron Technology Ventures, New Energy Technologies and Osaka Gas USA.Ammonia is a promising solution with an energy density comparable to fossil fuels and significantly higher than Li-ion batteries, compressed or liquid hydrogen. It can be affordably and easily stored and transported, leveraging established infrastructure and shipping networks, and is regulated by well-developed codes and standards. It can be used directly as a fuel or it can be 'cracked', and its hydrogen harvested, to provide a stable, efficient means of hydrogen storage and transportation.Starfire Energy's 'Rapid Ramp NH3' ammonia synthesis technology produces zero carbon ammonia using only renewable energy, air and water as inputs. The modular solution is sized to connect directly with renewable energy production, providing a scalable, distributed source of zero carbon ammonia. The company has also developed their Prometheus Carbon-free Fire, a system to crack ammonia back into hydrogen, providing an efficient means of green hydrogen storage and transportation.Starfire's solutions will provide carbon-free fuel to power utility gas turbines, large scale ships, process heat for industries like steel, cement and fuel cell vehicles. The modular solutions are mass produced and assembled onsite for maximum reliability and quality along with low and repeatable costs. This investment enables both companies to strengthen and diversify the ammonia and hydrogen value chain.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Keen on green, but at what cost? Poll maps out S’porean attitudes to eco-friendliness

SINGAPORE - Stanley Lim is all for living the eco-friendly life mapped out under the Singapore Green Plan 2030 - as long as it costs him nothing and does not inconvenience him. The world is not going to end during his lifetime, says the 45-year-old teacher over the phone. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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More than 130ha of new parks, energy-efficient buildings for a greener urban environment in Singapore

SINGAPORE - Singaporeans can look forward to 130ha of new parks over the next six years, as part of a wider effort to make Singapore's urban environment more green and sustainable. Besides new parks, there will also be more focus on creating energy-efficient buildings. Sustainability-related research and development (R&D) efforts will also be ramped up, as part of a long-term strategy to build a more liveable city, said National Development Minister Desmond Lee on Thursday (March 4), during a debate on the Government's sustainability plans. "Given our tight land constraints, we must find innovative ways to weave nature into our urban fabric more intensely. And even as we face developmental pressures, we must strive to protect our most ecologically important areas," he said. To intensify the greenery in the urban areas, around 1,000ha of green spaces will be added across the island over the next 10 to 15 years, as set out in the Urban Redevelopment Authority's (URA) master plan 2019, said Mr Lee in response to Ms Nadia Samdin (Ang Mo Kio GRC) who had asked for an update on these efforts. This includes 130ha of new parks and the redevelopment of another 170ha of existing parks over the next six years. These parks will feature more lush vegetation and natural landscapes. By end-2026, there will be over 300ha of such parks - almost four times the size of the Singapore Botanic Gardens. Singapore will also set aside 50 per cent more land for nature parks, providing some 200ha of new nature parks by 2030, said Mr Lee. The park connector network will also be expanded in tandem with new recreational routes across the island, to form 500km by 2030. By 2030, every household will be within a 10-minute walk from a park. Strengthening Singapore's ecological connectivity remains a priority, Mr Lee said in response to points raised by Ms Nadia and Nominated MP Koh Lian Pin. He noted that the Ministry of National Development is developing a more comprehensive picture of the island's ecosystem and connectivity of green and blue spaces. "(This is) so that we can better consider how specific sites connect to our nature cores, buffers and corridors." Mr Lee also spoke about the Kranji woodland that was erroneously cleared without approval, reiterating that the fauna baseline study is underway and the result will be made public when ready, along with the strengthening of Environmental Impact Assessment (EIA) framework. "Given Singapore's land constraints, we will not be able to keep every of our vacant vegetated lands undeveloped. As a city-state, we must cater for everything that a country needs within just our city limits," he said. More on this topic   Related Story Singapore Green Plan 2030 to change the way people live, work, study and play   Related Story Singapore Green Plan 2030 outlines many existing initiatives, some new ones worth watching However, he noted that the Government adopts a range of strategies to make good use of existing land, and will continue to engage stakeholders, including the public and nature community, on long-term land use planning. Mr Lee also unveiled the fourth edition of the Singapore Green Building Masterplan, with three key targets to be fulfilled by 2023. First, 80 per cent of all buildings by gross floor area (GFA) will be greened - up from the current 43 per cent. Second, 80 per cent of all new developments by GFA will be classified as super low energy buildings. These buildings will achieve at least 60 per cent improvement in energy efficiency compared to 2005 levels. Third, best-in-class green buildings will see an 80 per cent improvement in energy efficiency compared to 2005 levels. Housing Board towns are also on track to become greener under the HDB Green Towns Programme. The 10-year plan to cool HDB towns, reducing energy consumption and recycling rainwater was announced in last year's budget debate. More than 5,700 HDB blocks are on track to be installed with solar panels in the next two to three years, said Mr Lee. Urban farming tenders at nine HDB multi-storey car parks have also been awarded, with more in the works. Eco-friendly mixed-used districts, such as the upcoming Jurong Lake District, will function as demonstration projects and also serve as a testing ground for innovative urban solutions. An artist's impression of the new Jurong Lake District. PHOTO: URBAN REDEVELOPMENT AUTHORITY To this end, R&D is a vital part of Singapore's long-term strategy for urban sustainability, noted Mr Lee. The Cities of Tomorrow R&D Programme, a multi-agency effort launched in 2017 to identify challenges that cities face and develop solutions to address the challenges, will extend its efforts for another five years. For instance, the HDB and the National University of Singapore are exploring urban designs that harness solar heat to help create natural drafts to cool the environment to minimise the use of air-conditioning in homes. Said Mr Lee: "Sustainability is a marathon which we cannot run alone. We must be in it for the long haul, to be responsible stewards not just for our children, but their children after them." More on this topic   Related Story Singapore Parliament declares climate change a global emergency   Related Story Growing the green plan

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Budget debate: S’pore must tackle climate change while balancing trade-offs, says Teo Chee Hean

SINGAPORE - Climate change poses an existential challenge for Singapore, but the country's unique constraints mean the trade-offs it faces in cutting its emissions are much starker than what most other nations face, Senior Minister Teo Chee Hean said on Thursday (March 4). Singapore has limited alternative energy sources, land and manpower, he pointed out. "Our carbon emissions set real cross-cutting constraints on our development and the daily lives of Singaporeans," he told Parliament during a debate on the Government's sustainability plans. But the country is attempting to break out of these constraints through careful, long-term planning and innovations in policy and technology, said Mr Teo, who is also coordinating minister for national security. In a wide-ranging speech, he outlined how the nation is taking a considered, committed and collective approach to the global climate crisis. The carbon tax, for one, which covers 80 per cent of Singapore's carbon emissions, better aligns the real cost of carbon emissions with the emitter, said Mr Teo. He assured the House that the Government will be reviewing the trajectory and level of the carbon tax post-2023, in consultation with industry and expert groups. "We seek a carbon tax level that will incentivise companies and consumers to switch to carbon-friendly products, services and activities, while promoting industry innovation and new green growth," Mr Teo added. In terms of employment, Mr Teo also noted that the switch to cleaner energy will reduce demand for more carbon-intensive fossil fuels. On March 3, ExxonMobil announced that it will be cutting about 300 positions from its workforce here by the end of the year. This came after fellow oil giant Royal Dutch Shell said last November that it would be axing 500 jobs here and halving the processing capacity on Pulau Bukom in the next three years. But Mr Teo said demand for sustainable fuels, and higher value-added petrochemical products and specialty chemicals will grow. These are needed for the modern green ecosystem, such as in solar panels, batteries, thermal insulation for buildings, and durable and lightweight parts for electric vehicles, he added. He cited how Neste, the world's largest producer of renewable diesel and sustainable aviation fuel, is expanding its production capacity here. Companies will have to adjust their business models, and workers will have to shift to jobs in new areas of growth. "Many of the major energy and chemical companies in Singapore have also committed to reach net zero by 2050," he added. "Singapore will partner them in this shift." More on this topic   Related Story Singapore Green Plan 2030 to change the way people live, work, study and play   Related Story Singapore Parliament declares climate change a global emergency Overcoming constraints Under the Paris Agreement, Singapore's long-term goal is to achieve net zero emissions as soon as viable. Its shorter-term goal is to, by 2050, halve the amount of emissions it produces from its 2030 peak. Responding to MPs such as Mr Louis Ng (Nee Soon GRC) who had asked if Singapore plans to set more ambitious climate goals, Mr Teo assured them that these goals are not meant to be static. "We will press ahead with the measures which are within our control, but how soon we can achieve net zero will become clearer as we gain experience from implementing our programmes, as technology evolves, and as the modalities for international collaboration become formalised," said Mr Teo. For instance, in terms of energy, he pointed out that Singapore's ability to harness renewable energy is limited. "Within our small land space, we need to accommodate not just housing, parks and commercial centres, but also power plants, reservoirs, air and sea ports, and industries. The trade-offs are real, and often, the choices are difficult ones. We cannot wish these away," said Mr Teo. While Singapore does not have acres of land for extensive solar farms, it is tapping sunshine on other fronts - such as on rooftops and reservoirs, he said. Construction for a new solar farm on Tengeh Reservoir started last year, and when up, it will be among the world's largest such facilities, generating enough solar power to meet the demands of our five local water treatment plants. This will make Singapore one of the few in the world to have a fully green waterworks system, said Mr Teo. Water and food security are also key national priorities for the country, he noted. Singapore is leveraging science and technology to do so, he noted, pointing to Singapore's fourth desalination plant in Marina East which started operations last year. More on this topic   Related Story Budget debate: More clarity needed on Singapore's great green transition, say MPs   Related Story Singapore Green Plan 2030 outlines many existing initiatives, some new ones worth watching On the food front, the Government is encouraging farmers to harness technology through funding schemes, including the new Agri-Food Cluster Transformation Fund. "We actively engage the Agency for Science, Technology and Research and our institutes of higher learning to develop novel, resource-efficient approaches for water and food production," said Mr Teo. "These will help us break out of our constraints to secure our water and food, through careful long-term planning and innovations in policy and technology, and keep costs affordable while minimising carbon emissions," he said. On the novel food front, Singapore became the first country in the world to approve the sale of cultivated chicken - manufactured in bioreactors and which will not involve the slaughter of a live chicken - last December. He said that even as efforts are made to turn Singapore's constraints into opportunities, and to balance trade-offs with creative solutions, climate change is a challenge that requires all hands on deck. He added that he was heartened that the House had unanimously passed a motion moved by Mr Louis Ng and several of his colleagues, that acknowledged the seriousness of the global threat of climate change. More on this topic   Related Story Growing the green plan   Related Story Budget debate: No better time to future-proof jobs, education and the environment The Singapore Green Plan 2030 - an initiative of five ministries - also reflects this Government's aspirations and commitment towards sustainable development. "Many Singaporeans, especially young Singaporeans, are motivated and energised by this vision and want to play an active role," he said. "Our desire is to partner every Singaporean to transform Singapore into a global city of sustainability."

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Race to go green on Singapore’s roads starts with clear rules and runway

SINGAPORE - American electric carmaker Tesla has returned to Singapore, posting prices which make equivalent petrol cars seem overpriced. An inter-ministerial Singapore Green Plan 2030 launched last week has also raised proposals to further incentivise the adoption of electric cars - on top of tax breaks already in place. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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