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Zhangjiagang sets sights on becoming hydrogen energy industry hub

LMS
chinadaily.com.cn|November 22, 2024

On Nov15, Zhangjiagang hosted the Hydrogen Energy Industry Development Conference, aiming to position itself as a leading hub in the hydrogen energy sector.

During the conference, agreements on hydrogen energy projects valued at 1.46 billion yuan ($201.49 million) were signed. Additionally, the second phase of the Suzhou Hydrogen Energy Industry Innovation Center was officially launched.

On the same day, Zhangjiagang-based Jiangsu Guofu Hydrogen Energy Equipment was officially listed on the main board of the Hong Kong Stock Exchange. This milestone makes it the first company in China within the hydrogen energy equipment manufacturing industry to be listed, and the first company globally to be listed in Hong Kong in the fields of hydrogen energy equipment manufacturing and hydrogen energy production, storage, and transportation.

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An aerial view of Zhangjiagang-based Jiangsu Guofu Hydrogen Energy Equipment. [Photo/WeChat account: zhangjiagangfabu365]

Zhangjiagang is currently home to over 40 hydrogen-related enterprises, having formed a comprehensive industrial chain that includes production, storage, transportation, processing, and utilization, as well as hydrogen fuel cell manufacturing. The combined annual output value of these enterprises has surpassed 10 billion yuan.

The city has contributed to the formulation and revision of more than 30 national and industry standards. Several local hydrogen-related enterprises have established cooperative relationships with counterparts in the United States, Japan, and Germany, while also developing industry-academia-research partnerships with multiple universities to advance core technologies.

By 2026, Zhangjiagang aims to host over 100 hydrogen energy enterprises and achieve an annual output value exceeding 30 billion yuan.