China leads world on green hydrogen projects, dominates equipment manufacturing, IEA says

Quick Summary:

IEA: China accounts for 40 per cent of all new low emission hydrogen production projects that got the financial green light in the past year.

Several large Chinese manufacturers of solar panels have started making electrolysers and together they account for about a third of China’s manufacturing capacity in the space, the report said.

The nation is expanding its capacity to make electrolysers, which use renewable electricity to split water into hydrogen and oxygen, and that will lower the cost of the device around the world, the IEA said.

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Article Details

Author / Journalist: Eric Ng

Category: Business

Markets: Hong KongChinaIndia

Topics: Electrolysers Electricity Cent Capacity Hydrogen Year Report Renewable Energy Manufacturing China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 13:01:09 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 217 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22845421

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