CLP Celebrates the Completion of its First Wholly-owned Wind Project in Qian’an in China

CLP announced the official commissioning of its first wholly owned wind farm in Mainland China – Phase I of Qian’an Wind Farm in Songyuan City, Jilin Province. The project was developed and constructed by CLP. Phase I of the project has a generation capacity of 49.5 MW.

In support of China’s move towards a low-carbon economy, CLP has been actively investing in renewable energy projects in the Chinese Mainland, focusing on the wind sector and pursuing wholly-owned wind projects. The move also reinforces the Group’s commitment to carbon emissions reduction.

Mr Peter Tse, CLP’s Group Executive Director and Chairman of China Business, said, “The Qian’an Wind Farm is of major significance to CLP’s growth in the wind energy market in China. Through this project, we have acquired construction and operational experiences, which will set a standard for the development of our future wind projects.”

“The project underscores the Group’s strong commitment to having 20% of our generating capacity from non-carbon emitting power across the Asia Pacific region by 2020, an interim target outlined in our Climate Vision 2050,” added Mr. Tse.

The location of the newly-completed project in Jilin, which is known for its abundant wind resources, offers significant potential for future expansion. With 33 wind turbines of 1.5 MW each installed, Phase 1 is designed to provide annual electricity output of 124 million kWh and help reduce 127,000 tonnes of carbon emissions each year.

CLP has made an application for the Qian’an Wind Farm to become a registered “Carbon Development Mechanism” (CDM) project as a Hong Kong–owned enterprise in the Mainland.

Currently, CLP has interests in over 60 renewable energy projects covering wind, hydro, biomass and solar power generation, in Australia, China, India and Southeast Asia. With an equity capacity of more than 2,000 MW, the renewables portfolio accounts for over 15% of the CLP Group’s total generation capacity.

About CLP
CLP Holdings Limited, a company listed on the Hong Kong Stock Exchange, is the holding company for the CLP Group, which is one of the largest investor-owned power businesses in Asia Pacific. Through CLP Power Hong Kong, it operates a vertically integrated electricity supply business in Hong Kong, and provides a highly reliable supply of electricity and excellent customer services to 5.7 million people in Kowloon and the New Territories.

Outside Hong Kong, CLP Holdings also invests in energy businesses in Mainland China, Australia, India and Southeast Asia. It is a leading international private sector power company in the Asia Pacific region with a diversified portfolio of power generation from gas, coal, renewables and nuclear.

CLP is listed in 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) and Hang Seng Corporate Sustainability Index Series.

Dr Ko Yuming, Managing Director – China, CLP (4th from right) and CLP senior management officiated at the Qian’an Wind Farm Phase I Inauguration Ceremony on 22 Oct 2010.

Qian’an Wind Farm is CLP’s first wholly-owned Wind Project in China.

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