Bringing together over 200 green tech companies and 16 key partners, including universities and financial institutions.
Marking a significant step in the city’s journey to becoming a global leader in green technology and finance, this initiative, led by the Hong Kong Science and Technology Parks Corporation (HKSTP), aims to accelerate the commercialization of green technologies, foster collaboration, and support Hong Kong’s Climate Action Plan 2050, which targets carbon neutrality. It provides resources such as incubation programs, funding platforms, and mentorship to green tech innovators.
Hong Kong Financial Secretary Paul Chan (centre, front row), HKSTP CEO Albert Wong, (fifth left, front row) and GreenTech Hub partners at the hub’s opening.
Many of these innovative firms have accelerated their growth through GreenTech Hub’s ecosystem, which offers incubation programmes, funding and capital platforms, mentorship and collaborative business opportunities.
“The hub’s extensive network supports the training and development of talent, facilities to innovate, test and apply new technologies, as well as opportunities to connect with investors and accelerate the transformation of research and development projects into market-ready solutions,” says Howard Lee, associate director, GreenTech at HKSTP.
One Energy, a company focused on sustainable transportation solutions, is among the key firms based at the GreenTech Hub. Led by CEO Kevin To, the company provides innovative services like battery-swapping systems for e-motorcycles, designed to lower emissions. In Hong Kong, One Energy has established 10 battery swapping stations, allowing riders to conveniently recharge their electric motorcycles.
According to To, while many global automakers concentrate on electric vehicles, there is a promising niche market for e-motorcycles. Hong Kong currently has over 75,000 registered motorcycles, but fewer than 10 percent are electric, as per government statistics. With the city striving for carbon neutrality by 2050, To envisions a significant role for electric motorcycles in reducing traffic-related emissions.
A One Energy battery swapping station.
Hong Kong’s vision of becoming a global hub for green technology and finance aligns seamlessly with One Energy’s strategic objectives.
Leveraging supply chains and research collaborations in Shenzhen, alongside affordable manufacturing options in Thailand, the company has positioned itself for growth.
In Hong Kong, One Energy aims to establish an additional 100 battery-swapping stations by year’s end. It also seeks expansion in Indonesia, where only a small fraction of the approximately 148 million motorcycles are electric. On a global scale, with heightened awareness about environmental conservation in regions like Germany, France, and Ghana, One Energy has scaled up production to meet increasing demands for its sustainable solutions.
The GreenTech Hub, renowned for its dynamic tech ecosystem and entrepreneurial spirit, continues to attract innovative enterprises. One notable addition is Azure Era Energy Saving Technology, a rapidly growing company with its regional headquarters now based at the hub. Founded by a team of experts from Hong Kong and mainland China, Azure Era specializes in radiative cooling technology, capable of reducing indoor temperatures by up to 15 degrees Celsius through solar radiation reflection. The hub provides substantial support to the company, including access to R&D facilities, testing areas for groundbreaking technologies, and improved market reach across Asia.
To contact The GreenTech Hub at InnoCentre in Kowloon Tong, you can visit the official InnoCentre page for more details HERE+
