SHKP Quarterly

12 可持續發展 The Group participates in developing Hong Kong’s first privately funded landfill solar farm 集團參與全港首個於堆填區私人發展的太陽能發電場 S un Hung Kai Properties (SHKP), Veolia and CITIC Pacific held a groundbreaking ceremony for Hong Kong’s first privately funded solar farm on a landfill, a significant milestone in the group’s support of the HKSAR Government’s Climate Action Plan 2050. Located on a slope in the South East New Territories Landfill in Tseung Kwan O, the solar farm will be operated by Green Valley Landfill Limited (GVL) – a joint venture among Veolia, SHKP and CITIC Pacific. Annually, the solar farm is expected to generate 1.2 million kWh of green electricity, enough to power approximately 360 households*. By replacing conventional fuel sources with renewable energy, it aims to reduce carbon emissions by around 468 tonnes a year, equivalent to the carbon dioxide (CO2) absorption of about 20,000 trees. The project is targeted to start generating green electricity in the first half of 2025. SHKP Executive Director Christopher Kwok expressed gratitude to the Environment and Ecology Bureau and the Environmental Protection Department for their strong support, which he credited as pivotal to the successful implementation of the project. He said, “SHKP has been a strong advocate of solar energy, actively promoting the installation of solar panel systems across our owned and managed sites, resulting in the largest solar power network in the city. We are excited to see the solar farm nearing fruition.” Kwok highlighted that SHKP would not only provide civil and construction works for the project but also arrange for its subsidiary SUNeVision, Hong Kong’s largest data centre operator, to acquire CLP Power’s Renewable Energy Certificates 100% linked to the solar power generated by GVL. This collaboration between the Group’s companies would create a closed-loop ESG model for the supply of green electricity. Officiating at the groundbreaking ceremony are (from right) Christopher Kwok, Group Executive Director; Tse Chin-wan, Secretary for Environment and Ecology; Laurent Pelletier, Chief Executive Officer of Veolia Hong Kong and Macau; and Kwok Ka-wa, Vice President of CITIC Pacific ( 右起 ) 集團執行董事郭基泓、環境及生態局局長謝展寰、威立雅香港及澳門行政總裁鮑智雅，及中信泰富副總裁郭家驊為“動土儀式”的主禮嘉賓