CLP : Announces New Smart City Partnerships with Thai Partners

中電控股有限公司 CLP Holdings Limited

9 July 2018

CLP Announces New Smart City Partnerships with Thai Partners

CLP Innovation Enterprises Limited, a wholly-owned subsidiary of CLP Holdings Limited (CLP), has signed two new agreements with partners in Thailand to strengthen collaboration on technologies intended for deployment in smart city environments.

On 28 June, CLP signed a memorandum of understanding (MoU) with Amata Corporation, one of Thailand's largest industrial park developers, to jointly explore smart energy and microgrid solutions for industrial estates. Our areas of cooperation include utility-scale floating solar systems and energy management solutions in a smart city environment. The signing ceremony, took place at the Belt and Road Summit in Hong Kong, was witnessed by Dr Somkid Jatusripitak, Deputy Prime Minister of Thailand, Mr Vincent Lo, Chairman, Hong Kong Trade Development Council, and Mr Richard Lancaster, Chief Executive Officer of CLP.

On 29 June, CLP signed a MoU in Bangkok with two Thai state enterprises, namely Industrial Estate Authority of Thailand (IEAT) and Provincial Electricity Authority (PEA), to study new public private partnership models for smart energy infrastructure in industrial estates. The partnership aims to make use of new technologies including intelligent power distribution and open smart grid platforms.

About CLP Group

CLP Holdings Limited, a company listed on the Stock Exchange of Hong Kong, is the holding company for the CLP Group, one of the largest investor-owned power businesses in Asia Pacific. Through CLP Power Hong Kong Limited, it operates a vertically-integrated electricity supply business providing a highly-reliable supply of electricity to 80% of Hong Kong's population.

Outside Hong Kong, CLP holds investment in the energy sector in Mainland China, India, Southeast Asia, Taiwan and Australia. Its diversified portfolio of generating assets uses a wide range of fuels including coal, gas, nuclear and renewable sources. CLP is one of the largest external investors in the Mainland's renewable energy sector. In India, it is one of the biggest renewable energy producers and among the largest foreign investors in the electricity sector. In Australia, its wholly-owned subsidiary EnergyAustralia is one of the largest integrated energy companies, providing gas and electricity to over 2.6 million households and businesses.

CLP is listed on the Global Dow - a 150-stock index of the world's leading blue-chips, the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), the Dow Jones Sustainability Asia Pacific 40 Index (DJSI Asia Pacific 40), Hang Seng Corporate Sustainability Index Series and MSCI Global Sustainability Index Series.

Photo 1

CLP Chief Operating Officer Mr Derek Parkin (second from left) and Amata Chief Investment Officer Ms Lena Ng (first from right) signed the MoU on behalf of CLP and Amata in a ceremony witnessed by CLP Chief Executive Officer Mr Richard Lancaster (first from left), Hong Kong Trade Development Council Chairman Mr Vincent Lo (middle), and Deputy Prime Minister of Thailand Dr Somkid Jatusripitak (second from right) .

Photo 2

Deputy Governor of IEAT Mr Sompong Preeprem (first from left), CLP Chief Operating Officer Mr Derek Parkin (second from left), Governor of PEA Mr Sermsakool Klaikaew (second from right), and Acting Governor of IEAT Mr Attapon Jirawatjanya (first from right) officiated at the MoU signing ceremony in Bangkok.

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