Hong Kong Renewable Energy Tenders

Hong Kong's renewable energy market is gradually expanding, with renewables accounting for over 5% of the city's total electricity consumption in 2022. This is expected to reach 10% by 2030, driven by government initiatives, declining costs of renewable energy technologies, and growing consumer demand for clean energy. Hong Kong's limited land area poses a challenge for large-scale renewable energy projects, but there is potential for offshore wind and rooftop solar installations.

The Hong Kong government is committed to increasing the share of renewables in the city's energy mix and has set a target of achieving 15% renewable energy consumption by 2035. The government is supporting the sector through various procurement measures, including:
The Renewable Energy Feed-in Tariff (REFIT) Scheme, which provides subsidies for renewable energy projects
The Green Energy Fund, which provides financial support for renewable energy projects
The Government Procurement Guidelines for Sustainable Buildings, which mandate the use of renewable energy in new government buildings

The Hong Kong government procures a range of renewable energy products and services, including:
Solar photovoltaic (PV) panels: Rooftop solar PV is the most widely adopted renewable energy technology in Hong Kong.
Waste-to-energy (WTE) plants: WTE plants play a significant role in Hong Kong's energy mix, converting waste into electricity.
Offshore wind energy: Offshore wind energy is gaining traction in Hong Kong, with several projects under development.

The top authorities overseeing renewable energy procurement in Hong Kong are:
The Environment Bureau (ENVB)
The Electrical and Mechanical Services Department (EMSD)
The Government Logistics Department (GLD)

Major companies that have secured significant renewable energy procurement contracts in Hong Kong include:
CLP Power: CLP Power is the largest electricity provider in Hong Kong and has a growing portfolio of renewable energy assets.
Hongkong Electric (HEC): HEC is another major electricity provider in Hong Kong with a commitment to renewable energy development.
New World Development: New World Development is a diversified conglomerate with a focus on sustainable development and renewable energy investments.

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