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Green hydrogen projects are expected to start intensively

/ Thursday, 25 January 2024 /

According to the announcement of the China National Intellectual Property Administration,BYD Co.,Ltd.has obtained a patent entitled”Electrolyser End Plate,Electrolyser and Hydrogen Production Equipment”,which means that BYD further cuts into the hydrogen energy field from the upstream hydrogen production link and is laying out and exploring the hydrogen energy technology route.

As of December 31,2023,a total of 332 green hydrogen projects in China are under planning,construction,and completion.The announced scale of green hydrogen is approximately 4.89 million tons per year,corresponding to a demand for nearly 86GW of electrolytic cells.Zou Runfang of AVIC Securities pointed out that according to the goal of achieving 100000 to 200000 tons of renewable hydrogen annually in China by 2025,green hydrogen projects are expected to experience intensive construction in 2024,and equipment demand will be released first.The new team of Tianfeng Securities believes that at the current time,the hydrogen production sector is highly valued in the hydrogen energy track.

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