The firm's subsidiary Keppel Energy will hire Japan's Mitsubishi Power Asia Pacific and Singapore-based Jurong Engineering to build the Keppel Sakra Cogen Plant, located in the Sakra sector of Jurong Island.

Among 21 surveyed manufacturing sectors, 12 sectors saw an improvement in PMI reading in August.

An analyst said green hydrogen will play an important role in interconnecting renewable energy and decarbonization within industrial systems.

The national carbon trading market now covers 2,162 companies, all of which are electricity companies.

However, success has come at a cost－high carbon emissions.

North China-based facility to provide clean power to nearby enterprises.

China's environmental protection sector reported steady revenue growth in 2021 as the country has ramped up green growth efforts.

The foreign trade value of North China's Hebei province reached 313.46 billion yuan ($46 billion) in the first seven months of this year.