I. Policy Review: Hydrogen Policy Dynamics
(I) Domestic Policies
Beijing Municipality: Issued the "Management Requirements for Filling, Use, and Detection of Vehicle Compressed Hydrogen Cylinders" for public comment. The "Management Requirements for Filling, Use, and Detection of Vehicle Compressed Hydrogen Cylinders" stipulate that this document specifies the management requirements for the filling, use, and inspection of vehicle compressed hydrogen cylinders. This document applies to cylinders designed and manufactured in accordance with GB/T 35544 and GB/T 42612, with a nominal working pressure not exceeding 70 MPa, a nominal water capacity not exceeding 450 L, a storage medium of compressed hydrogen, and an operating temperature not lower than -40°C and not higher than 85°C. This document does not apply to cylinders installed on passenger vehicles with a length not exceeding 8 meters and seating capacity not exceeding 19 seats, which cannot be disassembled for periodic inspection. Additionally, cylinders for hydrogen fuel cell urban rail transit, hydrogen-powered ships, hydrogen power generation devices, etc., may refer to this document.
Qinghai Provincial Development and Reform Commission: Issued the "Implementation Plan for Qinghai Province to Leverage Green Electricity Advantages to Promote Outward-Oriented Industrial Development." The document states that, in line with the characteristics of the province's industries and green electricity supply, support will be provided to extend the industry chain in key industries such as aluminum, steel, crystalline silicon, lithium batteries, and carbon fiber, to expand and strengthen industries such as new energy, salt lake chemical, non-ferrous metals, and new materials, and to increase the scale of product exports. Vigorously develop green silicon and green aluminum industries, explore the development of green hydrogen, green methanol, green ammonia, and other industries, precisely implement tax incentives for the development and utilization of clean energy, actively leverage the regulatory role of the green tax system, and promote the high-quality development of "green electricity + industry."
Hainan Provincial Department of Industry and Information Technology: Issued the "Announcement on Publishing the First Batch of Hainan Province's Advanced Equipment Manufacturing First-Set Projects for 2025." The document shows that among the first-set projects of advanced equipment manufacturing in Hainan Province for 2025, there are four hydrogen energy projects in the pilot demonstration category, namely: The fixed-danger-source-free hydrogen refueling device by Hainan Pingye New Energy Co., Ltd.; The intelligent production line for ultra-high voltage PEM electrolyzer membrane electrodes, the digital stacking production line for ultra-high voltage PEM electrolyzers, and the intelligent electrode packaging production line for ultra-high voltage PEM electrolyzers by Hydrogen Sea Energy (Hainan) Group Co., Ltd. The pilot demonstration projects related to hydrogen energy include the intelligent production line for ultra-high voltage PEM electrolyzer membrane electrodes and the digital stacking production line for ultra-high voltage PEM electrolyzers by Qinghai Energy Group Co., Ltd.
Wuxi City, Jiangsu Province: Issued the "Public Notice on the Subsidy for Wuxi City's Hydrogen Fuel Cell Vehicle Demonstration Application Projects in 2025." The document states that, in accordance with the requirements of documents such as the "Notice of the Municipal Government Office on Issuing Several Policies of Wuxi City to Promote the Development of the New Energy Industry" (Xizhengbanfa [2023] No. 43) and the "Wuxi City Hydrogen and Energy Storage Industry Development Three-Year Action Plan (2023-2025)" (Xijiqunfa [2023] No. 9), Wuxi City received application materials from 2 enterprises for 53 hydrogen fuel cell vehicle units in 2025. After review, two enterprises and 53 hydrogen fuel cell vehicles met the application requirements, with proposed funding of 11.623 million yuan. The results are now published for public notice from September 1 to September 5, 2025.
Policy Interpretation:
1. Beijing's "Management Requirements for Filling, Use, and Detection of Compressed Hydrogen Cylinders for Vehicles": This document plays a significant role in standardizing the management requirements for compressed hydrogen cylinders for vehicles, clarifying the scope of application and technical parameters, and providing detailed regulations on safety operations and management during filling and use, such as specifying safety requirements for filling areas and requiring user units to establish safety systems. This helps ensure the safe use of cylinders, reduces the risk of safety incidents, enhances public trust in hydrogen energy, provides safety support for the promotion and application of hydrogen fuel cell vehicles, and promotes the healthy development of the hydrogen automotive industry in Beijing.
2.Qinghai Province's "Implementation Plan for Leveraging Green Electricity Advantages to Promote Outward-Oriented Industrial Development": The plan combines Qinghai's green electricity advantages to support the extension of key industry chains, explore the development of industries such as green hydrogen, and implement tax incentives. This facilitates the utilization of the region's abundant renewable energy resources to convert green electricity into products like hydrogen energy, drives the large-scale development of the hydrogen energy industry, fosters the growth of related industry chains, promotes industrial upgrading, and leverages outward-oriented development strategies to introduce hydrogen energy products to external markets, enhancing the influence of Qinghai's hydrogen energy industry both nationally and globally.
3. Wuxi City, Jiangsu Province's "Public Notice on Funding for Hydrogen Fuel Cell Vehicle Demonstration and Application Projects in Wuxi City for 2025": Wuxi provides financial support for hydrogen fuel cell vehicle demonstration and application projects, with enterprises and vehicles meeting the requirements after review receiving funding. This directly reduces R&D and operational costs for enterprises, increases their enthusiasm, helps expand the scale of hydrogen fuel cell vehicle demonstrations, accelerates technological iteration, promotes the local adoption of hydrogen vehicles, and drives the construction and improvement of Wuxi's hydrogen automotive industry ecosystem.
(II) Foreign Policies
European Commission: Approved Spain's 1.2 billion euro renewable hydrogen funding plan. The plan will allocate funds through a competitive tender process, focusing on green hydrogen production facilities with a capacity of no less than 100MW, including the production of renewable hydrogen-derived fuels, hydrogen storage solutions, and supporting renewable power generation projects. It aims to help Spain achieve its 2030 target of 12GW electrolyzer capacity, reduce dependence on imported fossil fuels, and is expected to cut 1 million mt of carbon dioxide emissions.
European Commission: Approved Germany and the Netherlands' jointly proposed 3 billion euro hydrogen import plan (H2Global), aimed at procuring green hydrogen from non-EU countries and selling it in the two nations. Germany contributed €2.7 billion, and the Netherlands provided €300 million, purchasing green hydrogen at the lowest cost through a double auction mechanism and then reselling it to industrial users at market prices, with the price difference subsidized by public funds.
Germany: Through the National Hydrogen Strategy, it is expected to achieve 5GW of green hydrogen capacity by 2030.
France: Updated its National Hydrogen Strategy. Established a support mechanism totaling €4 billion to ensure the competitiveness of the low-carbon hydrogen market over the next 15 years. Adjustments include increasing national electrolyzer installed capacity to 4.5GW by 2030 and 8GW by 2035; strengthening technological autonomy across the entire industry chain; developing a low-carbon hydrogen transportation network; and securing the fundamental conditions for hydrogen industry development.
US: US President Trump signed the "Big and Beautiful" Act, which extended the commencement deadline for hydrogen industry tax credit projects by two years to 2028. Hydrogen projects originally required to commence before January 1, 2026, to qualify for a maximum tax credit of $3 per kg, are now extended to January 1, 2028.
Policy Analysis:
1. Standard Fragmentation and Cost Challenges: The EU's "carbon extraterritoriality" sparked controversy: its accounting method excludes "renewable carbon fuels" (e.g., biomass-based hydrogen), accused of technological discrimination; CBAM's retroactive application to indirect emissions (e.g., grid carbon intensity for electrolytic hydrogen) downgraded Morocco's PV-based hydrogen projects due to its grid's 15% coal power share. More critically, EU carbon price volatility (which surged to €110/mt in 2023) directly impacts imported hydrogen costs, forcing countries like Algeria to demand "carbon price-linked" long-term contracts—a new-type trade clause reshaping global energy agreements.
2. Competition and Layout: The carbon reduction stimulus policy packages of China and the EU are essentially industrial reshuffles using standards as weapons. Germany's pipelines, France's electrolyzers, and US subsidies collectively form a "Three Kingdoms" narrative in the hydrogen era. For China, accelerating adaptation to EU carbon footprint accounting is crucial, while vigilance is needed against "standard barriers" evolving into "technological lock-in"—when the EU mandates second-generation hydrogen barrier coatings for projects by 2027, the pace of domestic enterprises' technological iteration will determine their positioning in this global low-carbon race.
II. Enterprise Dynamics: Surge in Project Signings and Technical Collaborations
(1) Project Intelligence
Zhengzhou China Resources Gas Co., Ltd. : Zhengzhou China Resources Gas Co., Ltd. issued a tender announcement for equipment procurement for the expansion project of its Hanghai East Road Hydrogen Refueling Station. Bidding Content and Scope: The Hanghai East Road Hydrogen Refueling Station was completed and commenced operation in January 2023. The expansion project is located within this station. This tender involves the procurement of one 45MPa 1000kg/12h@12.5MPa hydrogen compressor with a matching chilled water unit, as well as the modification of the original process pipelines.
Jiuquan Economic Development Zone Park Construction Investment Development Group: The Jiuquan Economic Development Zone Modern Logistics Hub System Construction Project—Oil-Gas-Electric-Hydrogen Service Station has completed the roof sealing of supporting service buildings and station houses. The overall construction of the project is progressing orderly, with the first phase expected to be operational by the end of 2025.
China Energy Engineering Corporation (CEEC) Electric Power Engineering: The CEEC-invested and constructed, Northeast Electric Power Design Institute EPC-contracted China Energy Construction Songyuan Hydrogen Energy Industrial Park (Green Hydrogen-Ammonia-Methanol Integrated) Project has completed the installation of all 99 wind turbines, marking the full entry of the Songyuan Project Phase I into the commissioning stage.
CEEC Hydrogen Energy Company: CEEC's Ni Zhen visited the China Energy Construction Songyuan Hydrogen Energy Industrial Park Project for a survey. Ni Zhen inspected the construction progress of the Songyuan Project's chemical industrial park, toured the smart construction site exhibition hall, and chaired a survey symposium to hear work reports.
Jinan Ludong Hydrogen Energy Technology Co., Ltd.: Announced the procurement results of the 2025 Long-Tube Trailer Hydrogen Procurement Project, with Shandong Binhua Hydrogen Energy Co., Ltd. as the winning supplier through competitive negotiation.
(II) Enterprise Updates
CoreMEMS Electronics: Suzhou CoreMEMS Electronics Technology Co., Ltd., an innovative pioneer in domestic MEMS (Micro-Electro-Mechanical Systems) sensing technology, recently announced the completion of a Series A financing round worth tens of millions of yuan. This round was led by Wuchuang Huagong Fund, with follow-on investment from existing shareholder Jinpu Investment's Yueda Automotive Technology Fund. Since its establishment in 2016, CoreMEMS has focused on the design of MEMS hydrogen sensor chips, sensor manufacturing, and the development of application systems.
Huadian Liaoning: Jiang Qingsong, Party Secretary of Huadian Liaoning Energy Development Co., Ltd., and Tian Li, Deputy Party Secretary and General Manager, held talks with Peng Gangping, Party Secretary and Chairman of China Huadian Engineering Group Co., Ltd. The two sides engaged in in-depth discussions on deepening cooperation and jointly promoting the development of clean and low-carbon energy. Liu Gang, Party Committee Member and Deputy General Manager, and Huang Xiuyu, Deputy Director, attended the meeting.
Zhongji Jiangsu Clean Energy Co., Ltd.: Zhongcheng Co., Ltd. released a draft restructuring report, proposing to issue shares to acquire 100% equity of Zhongji Jiangsu Clean Energy Co., Ltd. held by China National Technical Import & Export Corporation and simultaneously raise supporting funds, with a transaction price of 151 million yuan.
RWE Group (Germany):German energy giant RWE has secured €551 million ($641.7 million) in subsidies from the Dutch government for constructing a 100 MW electrolysis project in Eemshaven, northern Netherlands. The company stated that financing for the OranjeWind electrolyzer project was provided by the Netherlands Enterprise Agency (RVO) as part of the government's incentive program for sustainable energy production and climate transition. The planned electrolyzer will be powered by green electricity from the 795 MW OranjeWind offshore wind farm, currently under joint development by RWE and its partner TotalEnergies. The electrolyzer project obtained construction and environmental permits in October. Subsequent phases include front-end engineering design, securing construction partners, and obtaining power offtake agreements before making the final investment decision.
CECEP Green Hydrogen (Shijiazhuang) New Energy Co., Ltd.:CECEP Green Hydrogen (Shijiazhuang) New Energy Co., Ltd. released a recruitment announcement.
China Energy Engineering Corporation:China Energy Engineering Corporation released its H1 2025 report. The report indicated the company achieved operating revenue of ¥212.091 billion (up 9.18% YoY), net profit attributable to shareholders of ¥2.802 billion (up 0.72% YoY), and adjusted net profit of ¥2.521 billion (up 8.32% YoY).
Shanghai Electric:Shanghai Electric released its H1 2025 report. The report showed the company recorded total operating revenue of ¥54.303 billion (up 8.9% YoY) with a gross margin of 19.0%. Net profit attributable to shareholders reached ¥821 million (up 7.3% YoY), while basic earnings per share stood at ¥0.053 (up 8.2% YoY).
III. Technological Advancements: Efficiency and Cost Breakthroughs
(1) Hydrogen Production, Storage & Transportation
Foshan Xianhu Laboratory: The industry's first "zero-carbon ammonia-fueled aluminum billet heating furnace" for aluminum extrusion production was launched at Foshan Xianhu Laboratory. This equipment enables zero-carbon operation in aluminum processing heating, marking a significant step in China's aluminum industry's green transition.
Shougang Group:The company successfully developed a full series of hydrogen pipeline steels (B/X42/X52/X60/X65MH), overcoming six key technical bottlenecks including hydrogen embrittlement and low-temperature toughness, establishing a comprehensive product matrix for hydrogen transmission pipelines.
Baoji Petroleum Steel Pipe (Qinhuangdao) Co., Ltd.:The company completed trial production of multiple specifications of "longitudinal submerged arc welded pipes" (D610x12.7/14.3mm, material/X60MH) for pure hydrogen transportation.
SPIC Central Research Institute: The hydrogen storage and transportation team of the Advanced Low-Carbon Institute developed a large-diameter (DN150), high-pressure (10MPa) non-metallic flexible hydrogen pipeline, which successfully achieved safe and stable operation for 30 days on the test platform.
CNOOC Engineering Special Equipment Branch: The design outcome of the "Cryogenic Liquid Hydrogen Storage Tank" for a deep-sea floating platform, independently developed by the company, has received the Approval in Principle (AIP) certificate from the China Classification Society (CCS), indicating that the safety and reliability of the outcome fully comply with the classification society's regulations.
Dalian Institute of Chemical Physics, Chinese Academy of Sciences: Achieved a breakthrough in alkaline electrolyzer membrane technology: Developed an ultra-thin (20μm) composite separator, increasing the efficiency of the electrolysis system to 85% (LHV) and extending its lifespan beyond 60,000 hours.
(II)
Liaoning General Aviation Research Institute: The team led by Academician Yang Fengtian at the Liaoning General Aviation Research Institute of Shenyang Aerospace University successfully completed the maiden flight of China's first four-seat hybrid electric aircraft, the RX4M, at Faku Caihu Airport in Shenyang, contributing a "China solution" to the global development of electric aircraft.
Oriental Hydrogen: Obtained a patent for a system to increase the humidity of air entering the fuel cell stack in the field of fuel cell technology.
Georgia Power: The second experiment using a hydrogen-natural gas blend as fuel under partial and full load conditions for the M501GAC type natural gas turbine, a collaboration with Mitsubishi Power, was announced as successfully completed.
U.S. Department of Energy (DoE) led the formation of the "Hydrogen Refueling Station Compatibility Consortium": To unify the 70MPa hydrogen refueling nozzle interface standard, eliminating barriers in hydrogen refueling protocols among automakers such as Toyota, Hyundai, and Nikola, and promoting the interconnectivity of the hydrogen refueling network.
