Company History

1901

China Light & Power Company Syndicate was incorporated in Hong Kong on 25 January. 

CLP Guangzhou power plant (1901)

1903

The first power station with a generating capacity of 75kW was commissioned on Chatham Road, Hung Hom.

CLP’s first power plant at Chatham Road (1903)

1919

CLP started supplying electricity for street lighting in Kowloon.

1940

• The Hok Un Power Station was commissioned.
• The Head Office at Argyle Street, Kowloon was inaugurated.

The clock tower was completed in 1940 and became the CLP headquarters (1953)

1955

CLP formally acquired Tai O Union Electric Company to supply electricity to Lantau Island residents.

1964

Castle Peak Power Company Limited (CAPCO), a joint venture between CLP and Esso (now ExxonMobil Energy Limited), expanded the Hok Un oil-fired power station.

Castle Peak Power Plant (1964)

 

1969

The 1,520MW Tsing Yi oil-fired power station was commissioned.

Tsing Yi Power Plant (1969)

1979

CLP began to supply electricity to Guangdong Province through an inter-connection with the Guangdong Power Grid.

Switching – On ceremony of interconnection with Guangdong, Mr Shi Zhaoxiang, Director of Guangdong Electric Power Industry Bureau, on left. Sir Lawrence Kadoorie, Chairman of CLP Group, on right.(1979)

1982

The 1,400MW coal-fired Castle Peak Power Station A in Hong Kong began operations. The opening marked the launch of CLP’s fuel diversification strategy.

1984

CLP took over Cheung Chau Electric Company Limited in Hong Kong.

1985

Together with joint venture partner Guangdong Nuclear Investment Company, CLP started building a new 1,968MW pressurised water reactor nuclear power station in Daya Bay in Guangdong Province in Mainland China. The import of nuclear power into Hong Kong enhanced the city’s fuel supply reliability.

On January 18, 1985, the joint venture contract of Guangdong Nuclear Power Joint Venture Co., Ltd. was signed.

Daya Bay Nuclear Power Station (1985)

1986

The 2,708MW Castle Peak Power Station B in Hong Kong began operations.

1992

The 300MW Penny’s Bay Power Station on Lantau Island, Hong Kong, was commissioned to serve as a strategic backup facility.

Penny’s Bay Power Plant (1992)

1993-1994

Guangzhou Pumped Storage Power Station was commissioned. CLP has the contractual rights to use the equivalent of half of the first stage of the project (600MW).

Guangzhou Pumped Storage Power Station
Lower Intake/outlet Structure (1993)

In 1993, the signing of the letter of intent for the feasibility study of the joint venture between CLP and Shandong Electric Power Company

1994

The Guangdong Daya Bay Nuclear Power Plant was commissioned in Mainland China.

1996

Black Point Power Station, Hong Kong’s first gas-fired power plant, was commissioned in phases from 1996 to 2006.

Hong Kong Longgutan Power Plant (1996)

1997

CLP’s investment in the Huaiji hydropower project in Guangdong Province, Mainland China is a milestone for the Group’s expansion into renewable energy.

CLP built its first coal-fired joint venture in Mainland China – Shandong Zhonghua Power Company, Ltd., which was among the early joint ventures with foreign participation in the Mainland power sector.

Huaiji Hydro Power projects (1997)

1998

• CLP Holdings was formed as a result of a company re-organisation.
• CLP acquired a strategic stake in Electricity Generating Public Company Limited (EGCO), Thailand’s only independent electricity producer, thus establishing a significant presence in the Thai electricity market.

2001

• CLP celebrated a century of power supply in Hong Kong.
• CLP entered the Australian electricity market by acquiring a majority stake in Yalloum Energy.
• CLP Guohua Power Company Limited, another joint stock coal-fired power company in Mainland China, was founded.

Light-up Ceremony for CLP Centennial (2001) 

2002

CLP set foot in India with the acquisition of Paguthan Combined Cycle Power Plant (CCPP) (formerly Gujarat Paguthan Energy Corporation Private Limited).

2005

CLP acquired TXU Merchant Energy, becoming Australia’s fifth-largest energy retailer under a new brand name, TRUenergy.

2007

CLP released “Climate Vision 2050”, targeting to reduce the CO₂ intensity of its generation portfolio by 75% to 0.2kg CO₂ /kwh by 2050.

2008

Equipped with advanced supercritical power technology, FangchenggangⅠPower Station in Guangxi Province in Mainland China began operations.

Guangxi Fangchenggang Power Plant (2008)

2009

• CLP was added to the Global Dow and the Dow Jones Sustainability Indexes.
• CLP and the China Guangdong Nuclear Power Holding Co. Ltd. (CGN) signed a 20-year extension contract for the Daya Bay Nuclear Power Plant at the Great Hall of the People in Beijing.  The original contract, set to end in 2014, was extended to May 6, 2034. Xi Jinping, then Vice-President of the People’s Republic of China, and a member of the Politburo Standing Committee of the Communist Party of China, attended the signing ceremony with Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Donald Tsang.
• Dali Yang_er Hydro Power Project, located in Dali of Yunnan Province, commenced operation. It is CLP’s first wholly-owned hydro project.

Signing 2009-Extension of the Daya Bay Joint Venture Contract Signing Ceremony (2009)

Yunnan Dali Yanger Hydro Power Station (2009)

2010

• CLP met Climate Vision 2050’s carbon intensity target of 0.8kg CO₂/kWh for 2010.  Renewable energy accounted for 16.8% of CLP’s generation portfolio, far exceeding the original 5%  target for 2010.
• CLP issued Our Journey to a Low-Carbon Energy Future and announced new carbon intensity and non-carbon-emitting generation targets for 2020.
• CLP was included in the Hang Seng Corporate Sustainability Index Series.
• Qian’an I Wind Farm, located in Jilin Province, commenced operation. It is CLP’s first wholly-owned wind power project in the Mainland.

Jiangbian hydropower station (2010)

Qian’an Wind Farm (2010) 

2011

• CLP completed the acquisition of EnergyAustralia’s energy retail business, making the company one of the leading integrated energy businesses in Australia, with a presence in both generation and retail.
• CLP completed the construction of the wholly-owned Jiangbian hydro project, Qian’an Phase II and Penglai Phase I wind power projects in Mainland China.

2012

• CLP’s 1,320MW coal-fired supercritical technology-based power plant at Jhajjar, India was commissioned.
• CLP wholly-owned Penglai wind project phase I in Mainland China commenced operation.
• TRUenergy was rebranded – combining the best of the legacy brands in Victoria and New South Wales under the EnergyAustralia brand.

2013

Jinchang Solar Power Station in Gansu Province, CLP’s first solar project in the Mainland, was put into operation.

Jinchang photovoltaic power station (2013)

2014

• CLP collaborated with China Southern Power Grid to each acquire half of ExxonMobil’s 60 per cent interest in Castle Peak Power Company Limited (CAPCO);
• CLP also completed the acquisition of ExxonMobil’s 51 percent stake in Hong Kong Pumped Storage Development Company, Limited.
• CLP commissioned its first wholly-owned solar project – Xicun I Solar Power Plant in Yunnan Province, Mainland China. 

Gold and silver flower seedlings were planted in the solar photovoltaic power station of Xicun phase I (2014)

2015

CLP issued its first green bond to fund wind projects in India, underpinning its commitment to diversifying financing options to develop renewable energy projects.

2016

• CLP made its first entry into India’s solar energy sector through a joint venture with Suzlon Group to develop a 100MW solar energy power station in Veltoor in the southern state of Telangana.
• The Guangxi Power Exchange Centre was formally established with a shareholding ratio of 3.33% by CLP Guangxi.

2017

• CLP signed a new Scheme of Control Agreement with the Hong Kong government. The Agreement is effective for 15 years from 1 October 2018 to 31 December 2033.
• CLP completed the acquisition of a 17% equity interest in Yangjiang Nuclear Power Co., Ltd. from CGN Power, strengthening the Group’s low-carbon investment in Mainland China.

Yangjiang Nuclear Power Station (2017)

2018

• CLP and TUS-Holdings Co., Ltd. (TUS) set up a joint venture, TUS-CLP Smart Energy Technology Co., Ltd. (TUS-CLP JV), to develop new energy and smart city technologies, in line with the trend to digitalise energy infrastructure and services in Mainland China.
• CLP and CGN deepened their longstanding partnership by renewing the Strategic Partnership Agreement which was first signed in 2007.

In 2018, CLP and Qidi Clean Energy established a joint venture company 

2019

• Fangchenggang High-tech Zone Power Distribution Company Limited was formally established, with TUS-CLP JV holding 45% equity.  It is CLP’s first incremental distribution network project in Mainland China.
• The unit 6 of Yangjiang Nuclear Power Station was put into commercial operation, marking all six units in service at Yangjiang.
• China Southern Power Grid hosted Strategic Cooperation Framework Agreement Signing Ceremony for Power Utilities Supporting the Development of the Guangdong-Hong Kong-Macau Greater Bay Area. CLP was the only Hong Kong-based signee of the agreement.