Industry News

S&P Global: China’s First Hydrogen Development Plan Focuses on Reducing Costs and Building Capacity

In March of this year, China unveiled its first national hydrogen energy development plan, positioning hydrogen energy as a “key component of the nation’s future energy system.” The development plan was jointly issued by China’s top economic planning agency, the National Development and Reform Commission (NDRC), and the National Energy Administration, the country’s energy regulator. It sets forth high-level guidelines for the hydrogen supply chain from 2021 to 2035. This is China’s first comprehensive hydrogen energy industry plan at the national policy level, underscoring the growing importance of hydrogen fuel in the country’s long-term decarbonization strategy.

2022.05.16

S&P Global: China’s First Hydrogen Development Plan Focuses on Reducing Costs and Building Capacity

Industry News

Correction | Kexilier Jingli, LONGi, and 718 have been shortlisted as suppliers of electrolyzers for Sinopec’s Kuche project.

On May 6, Sinopec Xinxing Xinjiang Green Hydrogen New Energy Co., Ltd. announced the results of the bidding for the complete set of equipment used in the water electrolysis hydrogen production system for the Sinopec Xinxing Xinjiang Kuche Green Hydrogen Demonstration Project. This marks another step forward for what is now the world’s largest green hydrogen-to-hydrogen-chemicals project. The advancement of the Sinopec Kuche project will facilitate the exploration of pathways to reduce the costs of green hydrogen, accelerate the development of water electrolysis hydrogen production technology, and promote the substitution of domestic green hydrogen for gray hydrogen.

2022.05.16

Correction | Kexilier Jingli, LONGi, and 718 have been shortlisted as suppliers of electrolyzers for Sinopec’s Kuche project.

Industry News

An 80 GW electrolyzer gap! Europe’s future clean energy system will rely on imported green hydrogen.

Frans Timmermans, EU Commissioner for Climate Action. Photo: European Parliament Frans Timmermans, the EU’s top climate official, stated that Europe’s future clean energy system will rely on imports of green hydrogen. “I firmly believe that green hydrogen will be the driving force behind our future energy system,” the EU Commissioner for Climate Action told the European Parliament last week. “I also firmly believe that Europe will never be able to produce enough hydrogen on its own.” H2 will be the driving force behind our future energy system, but the EU will need to rely on imports.

2022.05.16

An 80 GW electrolyzer gap! Europe’s future clean energy system will rely on imported green hydrogen.
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