Guohua Investment to Construct 'Photovoltaic-Hydrogen Storage' Project in Hubei with 1 Billion Yuan Investment

Published: Dec 22, 2023 09:12

Guohua Investment plans to build "photovoltaic-hydrogen storage" integrated project in Hubei

On December 20th, the first phase of the new energy project in Guohua Funan Modern Agriculture Comprehensive Demonstration Zone was approved. Guohua Investment will invest 1 billion yuan to build the "photovoltaic-hydrogen storage" integrated project, which includes a 2000-standard cubic meters per hour electrolysis water hydrogen production plant, a 100MW fishery and photovoltaic complementary power station, and a 20MW/60MWh electrochemical energy storage power station.

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Energy Storage Battery Cell Market Weekly Review 9.3] Tight copper foil supply constrains September production schedules, energy storage battery cell prices remain firm
10 hours ago
[SMM Energy Storage Battery Cell Market Weekly Review 9.3] Tight copper foil supply constrains September production schedules, energy storage battery cell prices remain firm
Read More
[SMM Energy Storage Battery Cell Market Weekly Review 9.3] Tight copper foil supply constrains September production schedules, energy storage battery cell prices remain firm
[SMM Energy Storage Battery Cell Market Weekly Review 9.3] Tight copper foil supply constrains September production schedules, energy storage battery cell prices remain firm
[SMM Analysis] Affected by tight copper foil supply and slower-than-expected capacity ramp-up for large-capacity battery cells, China and global energy storage battery cell production growth in September is expected to slow to 4.09% and 4.25% MoM, respectively, but this does not indicate weakening end-use demand. Supply-demand conditions for energy storage battery cells remain tight, with 314Ah battery cell prices holding steady. Shipments are expected to rise steadily going forward, with prices continuing their stable-to-higher trend.
10 hours ago
Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]
10 hours ago
Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]
Read More
Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]
Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]
10 hours ago
CATL Chairman: China's NEV Sales Surpass 7.4M in H1, Emphasizes Precision in Battery Production
10 hours ago
CATL Chairman: China's NEV Sales Surpass 7.4M in H1, Emphasizes Precision in Battery Production
Read More
CATL Chairman: China's NEV Sales Surpass 7.4M in H1, Emphasizes Precision in Battery Production
CATL Chairman: China's NEV Sales Surpass 7.4M in H1, Emphasizes Precision in Battery Production
CATL Chairman Zeng Yuqun, in a video address to the 2026 World Power Battery Conference, said that in H1 this year, China's NEV sales exceeded 7.4 million units, with over 600 new models launched, averaging nearly three per day. Everyone is competing on speed, specifications, and price, and development cycles are getting shorter. He noted that power batteries require extremely high precision and have very low tolerance for error. In mass production, all small issues are magnified many times over, so every process and every parameter must be strictly controlled from the design stage, anomalies must be identified in advance, and there must be zero tolerance for quality problems.
10 hours ago