[SMM Hydrogen Energy Industry Weekly Review] 20250313

Published: Mar 14, 2025 11:17
  • Policy Release
    • Hong Kong Hosts International Hydrogen Development Forum: On March 13, the "International Hydrogen Development Forum 2025" opened in Hong Kong. The Hong Kong SAR Government is amending the Gas Safety Ordinance to ensure the safe use of hydrogen fuel and promote the development of the local hydrogen industry.
    National Trillion-Level Guidance Fund Established: On March 6, Zheng Shanjie, Director of the National Development and Reform Commission (NDRC), announced the establishment of a "carrier-class" national venture capital guidance fund with a scale exceeding 1 trillion yuan. The fund, with a duration of up to 20 years, will focus on frontier fields such as hydrogen energy and ESS, providing strong financial support for technology R&D and project construction in the hydrogen industry.
  • Corporate Developments
    • Meijin Energy Signs Cooperation Agreement and Launches Projects: On March 7, Meijin Energy signed a strategic cooperation agreement with Guohydrogen Technology in Beijing to carry out comprehensive cooperation in areas such as technology synergy and product development. Additionally, the hydrogen energy industrial park project of Yixun Chuangneng, a company partially owned by Meijin Energy, officially launched in Lingang, Shanghai, with an annual planned production capacity of over 5,000 hydrogen fuel cell systems. Its coke oven coal gas hydrogen production project in Lvliang, Shanxi, has also been approved by the government, with an annual planned capacity of 20,000 mt.
    • Mingyang Hydrogen Energy Cooperates with Re-Fire Technology: On March 5, Mingyang Hydrogen Energy signed a strategic cooperation agreement with Re-Fire Technology in Shanghai. The two parties will leverage their respective advantages and development visions in the hydrogen energy field to carry out comprehensive cooperation.
  • Technological Advances
    • LONGi Hydrogen Releases New Generation Electrolyzer: LONGi Hydrogen released a new generation electrolyzer, with single-cell hydrogen production capacity increased to 3,000 Nm³/h and energy consumption reduced to less than 4.3 kWh/Nm³. This advancement helps improve the production efficiency of green hydrogen and reduce costs, driving technological progress in the upstream hydrogen production segment of the hydrogen industry chain.
    • Ultra-Thin Titanium Bipolar Plate Successfully Developed: The Dalian Institute of Chemical Physics, Chinese Academy of Sciences, has developed an ultra-thin titanium bipolar plate with corrosion resistance improved by three times and costs reduced by 40%. This breakthrough ends the monopoly of German producers and supports performance improvement and cost reduction for fuel cells.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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[SMM Hydrogen Energy Industry Weekly Review] 20250313 - Shanghai Metals Market (SMM)