Guofu (Jinan) Hydrogen Energy Tech Co., Ltd. Established on March 16 with 2M Yuan Capital

[SMM Hydrogen Energy Bulletin] On March 19, the EPC general contracting tender for the low-carbon integrated project for clean utilization of coupled resources in hydrogen production from PV-powered electrolysis by Xinqing Energy (chemical section) was recently released. It is understood that the project is located about 28 kilometers east of Fukang City, Changji Prefecture, Xinjiang Uygur Autonomous Region, about 72 kilometers west of Jimusar County, and about 7 kilometers north of Ganhezi Town, immediately adjacent to the east side of Xinjiang Jinxiang Sairui Coal Chemical Technology Co., Ltd. The project is expected to newly build a 383.3 MW PV power generation system to establish hydrogen production capacity of 20,000 mt per year, along with a synthetic ammonia system with annual output of 130,000 mt. In addition, a 220 kV step-down substation will also be built. As a demonstration project for the application of carbon reduction, carbon sequestration, and carbon neutrality technologies in the production of hydrogen and synthetic ammonia from clean energy, the project is of great significance.

Suzhou officially launched its 2026 subsidy policy for new car purchases. From March 21 to June 30, individual consumers who purchase new passenger vehicles from participating automobile dealership enterprises in Suzhou will receive subsidies in accordance with the relevant standards (operating vehicles and vehicles with public license plates are not eligible). For vehicle prices from 50,000 yuan (inclusive) to 100,000 yuan (exclusive), the subsidy is 1,000 yuan for internal combustion engine vehicles and 2,000 yuan for new energy vehicles; for vehicle prices from 100,000 yuan (inclusive) to 200,000 yuan (exclusive), the subsidy is 3,000 yuan for internal combustion engine vehicles and 4,000 yuan for new energy vehicles; for vehicle prices from 200,000 yuan (inclusive) to 400,000 yuan (exclusive), the subsidy is 5,000 yuan for internal combustion engine vehicles and 6,000 yuan for new energy vehicles; for vehicle prices of 400,000 yuan (inclusive) and above, the subsidy is 6,000 yuan for internal combustion engine vehicles and 7,000 yuan for new energy vehicles. “Su Zhou Dao” APP car purchase subsidy application platform (expected to go online in late April)