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.

The 2210 ferrosilicon contract price on ZCE closed at 7642 yuan per ton on September 1.

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

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.

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

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

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.