[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.

For any inquiries or to learn 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
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
9 mins ago
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
Read More
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State
9 mins ago
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
12 mins ago
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
Read More
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.
12 mins ago
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
13 mins ago
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
Read More
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.
13 mins ago
[SMM Hydrogen Energy Industry Weekly Review] 20250313 - Shanghai Metals Market (SMM)