The new joint venture between the two companies, Wah Kwong NatPower Holdings, will develop grid-connected port infrastructure that enables ships to switch off auxiliary engines while berthed and plug into renewable electricity for both cold ironing and vessel charging.<\/p>\n
\u201cAs part of the wider Wah Kwong Group strategy, we continue to form new ventures delivering diversified decarbonisation solutions to address industry needs,\u201d said Hing Chao, executive chairman of Wah Kwong.<\/p>\n
\u201cThis venture brings the industrial logic, financial backing and technical certainty the region has been anticipating in marine electrification.\u201d<\/p>\n
Maritime transition<\/strong><\/p>\n The initiative is designed to accelerate Asia\u2019s maritime transition and tackle emissions at some of the world\u2019s busiest ports.<\/p>\n With the first projects due to begin in 2026, the company is targeting the installation of integrated shore power systems at more than 30 ports across North Asia by 2030.<\/p>\n Each site will include substations, battery storage and smart grid interfaces to support clean propulsion and cold ironing.<\/p>\n The move builds on NatPower Marine\u2019s GB\u00a3250 million investment in the UK, where it is deploying vessel charging infrastructure along the Irish Sea.<\/p>\n Backed by NatPower Group\u2019s 30 GW pipeline in renewables, the new venture aims to unlock GB\u00a310 billion in global investment to electrify 120 ports worldwide by 2030.<\/p>\n By combining Wah Kwong\u2019s decades of shipping expertise with NatPower\u2019s renewable energy credentials, the new partnership marks a major step in transforming Asia\u2019s ports into clean energy hubs for the global shipping industry.<\/p>\n","protected":false},"excerpt":{"rendered":" NatPower Marine and Wah Kwong have launched Asia\u2019s first large-scale shore power and port electrification venture to cut shipping emissions across Hong Kong and beyond.<\/p>\n","protected":false},"author":8,"featured_media":5655,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[42,46],"tags":[2266,1617,2179,539,48,1120,2265],"sponsor":[],"class_list":["post-5654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-greenport","category-energy-technology-greenport","tag-cold-ironing","tag-natpower-marine","tag-port-electrification-grant-program","tag-port-infrastructure","tag-shorepower-electrification","tag-vessel-charging","tag-wah-kwong"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/5654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=5654"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/5654\/revisions"}],"predecessor-version":[{"id":5656,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/5654\/revisions\/5656"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media\/5655"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=5654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=5654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=5654"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=5654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}