Recently, the north-east China City Football League Harbin division kicked off at the Acheng District Culture and Sports Center in Harbin. As the event's official strategic partner, Geely combined methanol energy, sports events, and north-east China's regional characteristics, showcasing its green commercial vehicle products in event scenarios. Following the appearance of the Farizon Xinghan H methanol-electric heavy-duty truck at the Shenyang division, the Farizon Xingzhi T9M methanol-electric light truck debuted in Harbin as the official ceremonial float. The addition of this model signifies that Geely Farizon has achieved product synergy from heavy-duty to light-duty trucks in event support scenarios, further demonstrating the multi-category layout of its methanol-electric commercial vehicles in the north-east China market. The north-east China Super League is the country's first inter-provincial mass football tournament, covering eight cities including Shenyang, Dalian, Changchun, and Harbin. Using football as a link, the event showcases the vitality of coordinated regional development in north-east China. Geely provides support in event operations, brand promotion, and support services, and through methanol-electric products, showcases green transportation solutions, conveying a healthy, safe, and environmentally friendly travel and transportation philosophy . The Farizon Xingzhi T9M has moved from behind-the-scenes support to the forefront, becoming a vital vehicle for showcasing methanol-electric technology to the public. Previously, Geely Farizon's products have served large-scale events such as the Hangzhou Asian Games and the Harbin Asian Winter Games, covering scenarios including public mobility, urban logistics, and torch relay, while completing support tasks in low-temperature environments, verifying the adaptability of methanol-electric technology in cold regions. With cold winters, vast geographic spans, and strong logistics transportation demand, north-east China places higher requirements on the driving range, energy replenishment, and low-temperature starting capabilities of new energy commercial vehicles. Traditional battery-electric routes are prone to issues such as driving range degradation and reduced energy replenishment efficiency in extremely cold environments, whereas methanol-electric technology, by combining fuel-based energy replenishment with an electric drive system, offers an alternative new energy commercial vehicle solution for north China. Leveraging Geely's over 20 years of technological accumulation in methanol, Geely Farizon has formed a methanol-electric product matrix covering categories such as heavy-duty trucks, light-duty trucks, buses, and agricultural machinery, adaptable to various scenarios including trunk logistics, urban distribution, short-haul transport, engineering operations, public transport, and agricultural production. Considering the energy and transport characteristics of north China, "Methanol in the North, Electricity in the South" is emerging as a key pathway for Geely Farizon to promote the development of regional new energy commercial vehicles . In terms of operational performance, the methanol-electric light truck can cover intercity trunk routes exceeding 900 km from Harbin to Dalian, start rapidly in -20°C low-temperature environments, and achieve per-kilometer costs as low as 0.5 yuan, representing a reduction of over 50% compared to equivalent diesel light trucks. Methanol-electric buses have been deployed in Tianjin, Daqing, Harbin, Shenyang, and other cities, offering a driving range of up to 600 km, maintaining a constant cabin temperature of 20°C to 25°C in winter, and saving 180,000 yuan over an 8-year vehicle life cycle. In the heavy-duty truck sector, the Farizon Xinghan H methanol-electric heavy-duty truck, fully loaded at 42 mt, traveled 1,522.9 km on a single tank of methanol traversing the Hexi Corridor, earning a world record certification. In May this year, a driverless tractor equipped with a methanol-electric agricultural machinery power solution commenced spring plowing applications in Shuangyashan, Heilongjiang, providing green power support for agricultural production. Regarding the energy replenishment system, Geely Farizon has cooperated with enterprises including PetroChina and Sinopec to build over 1,000 methanol refueling stations nationwide and plans to expand this to 4,000 by the end of 2027, enhancing the convenience of methanol vehicle usage. At the policy level, the green hydrogen, ammonia, and methanol industry is being integrated as a key development direction, and multiple regions have successively introduced policy documents supporting the promotion of methanol vehicles. Liaoning Province has proposed reaching a methanol vehicle production scale of over 50,000 units by 2028, while Heilongjiang Province is also advancing the construction of a methanol ecosystem. From sports event showcases to road transport, public transit, and agricultural production, Geely Farizon's methanol-electric technology is achieving multi-scenario implementation in north-east China. Going forward, as models such as the Xingzhi T9M accelerate their promotion, methanol-electric commercial vehicles are expected to further serve the new energy transition of commercial vehicles, energy structure optimization, and green transportation system development in north-east China.

Recently, Sineng Electric recently showcased its AI+ full-scenario solutions at Intersolar Europe 2026 in Munich, Germany, and highlighted its flexible hydrogen production system for PV+ESS and hydrogen applications. Intersolar Europe is one of the exhibitions under The smarter E Europe, held concurrently with events on energy storage, e-mobility, and energy management, presenting the collaborative application of new-type energy systems. The flexible hydrogen production solution presented by Sineng Electric focused on addressing fluctuation adaptation issues in green electricity hydrogen production projects. Wind and PV output is intermittent, while electrolysis-based hydrogen production equipment demands high operational stability and load control. Therefore, efficient coordination among “source, storage, and hydrogen” directly affects project energy efficiency, economic viability, and equipment lifespan. In a PV+ESS+hydrogen system, energy storage can smooth the output of new energy, while the hydrogen production system handles green electricity conversion and energy storage. By introducing AI capabilities into its full-scenario solution, Sineng Electric is demonstrating that its focus extends beyond individual equipment, using intelligent control to optimize the operational relationships among PV power generation, energy storage charging and discharging, and hydrogen production loads, thereby enhancing overall system responsiveness. According to official opening information from The smarter E Europe, this year’s event focuses on reliable, economical, climate-neutral all-day renewable energy supply and emphasizes the synergy among solar, energy storage, digitalized power grids, and hydrogen. Sineng Electric’s presentation of its flexible hydrogen production system aligns with European market demand for renewable energy hydrogen production and integrated energy dispatch . From an application perspective, the solution can serve large-scale wind and solar hydrogen production bases, zero-carbon industrial parks, industrial green hydrogen substitution, green ammonia and green methanol projects, and off-grid energy scenarios. As global green hydrogen projects move from planning to construction, system integration, intelligent control, and multi-energy synergy capabilities will become key competitive factors for equipment enterprises. The appearance at Intersolar Europe also provides a showcase window for Sineng Electric to further expand its overseas PV+ESS and hydrogen market. As the global energy transition enters a stage of systematic competition, Chinese enterprises are no longer exporting only standalone equipment, but comprehensive solutions for green electricity consumption, hydrogen production, and low-carbon energy use.

Recently, CRRC Zhuzhou Institute appeared at The smarter E Europe 2026 in Munich, Germany, showcasing a flexible green electricity-based hydrogen production system centered on full-scenario new energy applications for "PV+ESS+hydrogen." The event was held in Munich from June 23 to 25, with official information indicating that approximately 2,800 international exhibitors gathered, focusing on technologies, products, and business models for 24/7 renewable energy supply. The core focus presented by CRRC Zhuzhou Institute this time was to systematically integrate new energy generation, energy storage regulation, and electrolytic hydrogen production. Compared to standalone hydrogen production equipment, flexible green electricity-based hydrogen production emphasizes adaptability to fluctuations in wind and solar power output, enhancing the efficiency of consuming unstable green electricity in the hydrogen production process through power electronics controls, energy storage buffering, and system scheduling. From an industry perspective, Europe's energy transition was shifting from simply expanding generation capacity to building a sustainable, dispatchable, and storable energy system. Official information from The smarter E Europe indicated that this year's event emphasized the feasibility of "24/7 renewable energy supply," integrating solar energy, energy storage, electric mobility, digital power grids, and hydrogen into a unified system framework. Against this backdrop, the integrated PV+ESS+hydrogen solution became a key pathway for connecting renewable electricity with green fuels. CRRC Zhuzhou Institute's participation also indicated that its new energy business was extending from equipment manufacturing to comprehensive energy solutions. Leveraging its accumulated technical expertise in power electronics, control systems, and rail transit equipment, the flexible hydrogen production system can target scenarios such as green hydrogen production sites, industrial parks, off-grid energy systems, and renewable energy consumption projects, promoting the conversion of green electricity into hydrogen energy. Industry insiders believe that as Europe accelerates the construction of a green hydrogen system, the stability, response speed, and system integration capabilities of hydrogen production systems will influence project implementation outcomes. CRRC Zhuzhou Institute's choice to showcase the flexible green electricity-based hydrogen production system in Munich was both a technological debut for markets outside China and a reflection of Chinese enterprises participating in the global competition for green hydrogen equipment and system solutions.

On June 17, 2026, according to official news from Jordan Kingdom TV, the Jordanian cabinet formally approved the land use cooperation plan, authorizing the signing of a special land agreement with China United Energy Group (UEG) to pave the way for the implementation of their jointly developed green hydrogen project. At this stage, efforts will focus on advancing pre-project feasibility studies, marking the entry of China-Jordan cross-border green hydrogen industry cooperation into a substantive implementation phase. This cooperation project deeply aligns with Jordan's national energy development strategy and is a key layout project for the country to promote clean energy substitution and achieve ecological and environmental sustainable development. Building on its own new energy resource endowments, Jordan has been continuously advancing the green hydrogen and low-carbon fuel industries. The land agreement implemented this time will effectively assist Jordan in attracting high-quality international green hydrogen investment , addressing the shortcomings of its clean energy industry development, and accelerating the green transformation of its domestic energy structure. Leveraging this China-Jordan green hydrogen cooperation project, Jordan will strive to build a regional green industrial base and clean fuel supply hub. After implementation, the project will effectively drive the cluster development of upstream and downstream related industries such as green ammonia , improve the local hydrogen entire industry chain layout, promote the extension of hydrogen applications from a single energy category to multiple fields such as industrial raw materials and clean fuels, and consolidate Jordan's regional advantage in the Middle East's green hydrogen industry. From an industrial value perspective, this project will not only help Jordan reduce its dependence on traditional fossil fuels and increase its domestic clean energy self-sufficiency rate, but also assist it in seizing global low-carbon trade development opportunities, opening up international export channels for low-carbon products, and deeply participating in the division of labor within the global green energy industry chain. At the same time, the project is also an important practice of China-Arab green energy cooperation. By relying on the technological, capital, and project operation advantages of Chinese enterprises, combined with Jordan's land and solar resource advantages, it will achieve cross-border resource complementarity and industrial win-win outcomes, providing a high-quality model for international green hydrogen industry transnational cooperation. It is understood that China United Energy Group has been deeply engaged in the new energy market outside China for many years. It had previously reached multiple clean energy cooperation consensus with the Jordanian government and has been continuously participating in the investment and construction of green hydrogen and renewable energy projects in the Middle East. The approval of this land agreement has laid a crucial foundation for the project's subsequent planning and construction, capacity implementation, and commercial operation. Subsequently, as the feasibility study is completed, the project will gradually enter the substantive construction phase, continuously releasing the potential of China-Jordan green energy cooperation.

A specialized global steel industrial census presented by the World Steel Association (Worldsteel) at a high-level metal forum in Singapore revealed that the international transition to low-carbon metallurgy has hit a severe wall. Official project monitoring data verified that approximately 50% of all planned global green steel projects have already been postponed or put on hold. Steelmakers and industry analysts confirmed that while governments have allocated just $20 billion of the estimated $1.5 trillion in capital required to completely decarbonize the primary metals sector, uncompetitive premiums for green hydrogen are freezing multi-billion-dollar investments in direct-reduction iron (DRI) infrastructure.

I. Overseas Markets: Driven by Two Core Catalysts – Surging Demand for Stationary Power Generation, Supply Constraints Hinder Aviation Green Hydrogen Rollout (I) European Off-Grid Stationary Fuel Cells Secure Repeat Bulk Orders; Overseas OEMs Restructure Revenue Mix Ballard Power Systems, Canada’s leading fuel cell manufacturer, unveiled a landmark repeat order on June 15: a second 15 MW fuel cell system supply contract from a UK renewable off-grid power producer. The order covers 150 sets of 100 kW automotive-grade fuel cell modules, slated for delivery in H2 2026. These modules will be integrated into hydrogen power generators to replace conventional diesel gensets, serving off-grid power needs at construction sites, film production sets, large-scale events, and critical infrastructure. Underpinning demand remains robust: multiple European nations have rolled out policies phasing out diesel generators for construction and cultural tourism applications. Coupled with prolonged grid connection lead times for industrial parks and data centers, demand for zero-carbon off-grid power sources has expanded rapidly. UK-based GeoPura has deployed Ballard fuel cells at scale to operate charging stations and construction site power supplies, validating the technology’s commercial viability. Strong earnings reflect booming market momentum. In Q1 2026, Ballard’s stationary fuel cell business posted USD 5.2 million in revenue, skyrocketing 775% year-on-year to become the company’s second-largest revenue segment, trailing only its transit fuel cell division. This repeat order confirms sustainable, replicable growth in the overseas off-grid power segment. A new industry trend has emerged: automotive fuel cell modules are downward-compatible with stationary power applications, enabling manufacturers to amortize production costs across shared assembly lines and unlock profit upside. Parallel demand is emerging for AI computing backup power. Global tech giants are ramping up investments in hydrogen backup power. Microsoft and Amazon continue to deploy megawatt-scale fuel cell setups for data center power supply. Boasting millisecond load switching capability and zero carbon emissions, hydrogen has become the prime alternative to diesel gensets for AI computing campuses, creating dual demand alongside Europe’s construction and tourism sectors. (II) UK Launches SAF Policy Consultation; Long-Term Green Hydrogen Demand via PtL Jet Fuel Secured, Yet Severe Short-Term Capacity Gaps Persist Over the past two weeks, the UK Department for Transport (DFT) officially launched a public consultation on its mandatory sustainable aviation fuel (SAF) blending mandate, focusing on industry-wide capacity assessments for hydrogen-based power-to-liquid (PtL) fuels. The initiative signals two pivotal industry shifts: Mandatory policy locks in long-term green hydrogen demand. The UK’s SAF blending rules will take effect by end-2026, requiring 0.2% of jet fuel to come from green hydrogen-derived PtL feedstocks by 2028, rising to 3.5% by 2040. Meanwhile, caps will be imposed on waste oil-based HEFA fuel usage, forcing jet fuel producers to comply with regulations via green hydrogen paired with captured CO₂ to synthesize PtL fuels. This opens vast long-term upside for green hydrogen, with the industry widely viewing mandatory PtL blending as a core permanent growth driver for hydrogen demand. Near-term industrial bottlenecks trigger a transitional industry adjustment phase. The UK currently hosts no commercial-scale PtL jet fuel production facilities. Projects face compounded headwinds including constrained renewable power supply, elevated green hydrogen costs, limited carbon capture feedstock sources, and financing hurdles. Industry stakeholders report production timelines for advanced non-HEFA fuels lag policy targets, prompting government concerns that supply shortages will fail to meet blending obligations. The consultation will evaluate potential adjustments to HEFA volume caps and compliance frameworks. The DFT will consolidate industry feedback in autumn 2026; any policy tweaks could slow near-term investment in PtL projects, though the long-term growth thesis for green hydrogen aviation remains intact. II. Domestic China Market: Top-Tier Policy Catalysts Land, Commercialization Accelerates Across Segments, Cost Disadvantages Remain a Key Hurdle (I) Top-Down Policies Unlock New Incentives; Comprehensive Hydrogen Pilots Unleash Full Industrial Chain Potential At the start of June, three central ministries jointly issued a circular on comprehensive hydrogen application pilots, spurring intense industry discussion over policy implementation details in the subsequent two weeks. Pilots span the entire industrial chain with amplified financial support. The central government has selected urban agglomerations to carry out four-year demonstration programs, with maximum funding awards of RMB 1.6 billion per cluster. Supported use cases extend beyond traditional fuel cell vehicles to green hydrogen chemical production, hydrogen metallurgy, hydrogen-blended power generation, off-grid energy storage, and hydrogen-powered vessels. Two landmark 2030 targets have been formalized: a national fleet of 100,000 fuel cell vehicles and a retail hydrogen price of RMB 25 per kg for transport, with leading regions targeting RMB 15 per kg, laying out clear long-term scale and cost roadmaps for the sector. Leading industry experts align on the sector’s development cycle. During FCVC 2026 (June 10–12), Academician Ouyang Minggao stated the hydrogen industry has crossed the “valley of death,” identifying the next five years as a critical window for large-scale commercialization. Wan Gang, former vice chairman of the China Association for Science and Technology, called for accelerated development of wind-solar coupled green hydrogen and cross-regional hydrogen transportation corridors. Aligned policy and industrial consensus have boosted long-term sentiment among primary market investors and A-share hydrogen stock participants. (II) Segmented Commercialization Gains Traction: Industrial Green Hydrogen, Commercial Vehicles, and Domestic Equipment Exports All Deliver Growth Accelerated large-scale green hydrogen deployment in heavy industry. Ningxia Baofeng’s RMB 13.5 billion green hydrogen-coal chemical integration project has entered commissioning, delivering an annual green hydrogen output of 150,000 tons at production costs below RMB 18 per kg, setting a domestic benchmark for low-cost green hydrogen. Baosteel Zhanjiang’s million-ton hydrogen metallurgy production line has achieved full operational capacity, deploying domestically manufactured hydrogen shaft furnace technology to replace imported equipment. Massive industrial hydrogen consumption is driving upstream demand for electrolyzers. As of end-March, China’s installed renewable hydrogen production capacity exceeded 250,000 tons per annum, doubling from end-2024 levels. Scaling penetration of fuel cell commercial vehicles and two-wheelers. Regional hydrogen price data updated June 1 shows retail hydrogen prices of RMB 29–38 per kg across major domestic markets, still above the RMB 25 per kg national target. Nevertheless, 49-ton hydrogen heavy-duty trucks have cut hydrogen consumption to 8.5 kg per 100 km, undercutting diesel trucks in operating costs on select trunk haul routes. Hydrogen two-wheeler pilots are expanding rapidly, with tens of thousands of hydrogen light vehicles deployed in Chengdu, Changzhou, and Huangshi. Fast refueling and stable low-temperature driving range have unlocked new civilian niche demand. Rapid overseas expansion of domestic hydrogen equipment. At the Brazil International Hydrogen Exhibition (June 16–17), a delegation from the Daxing Hydrogen Demonstration Zone in Beijing showcased Chinese electrolyzers and hydrogen heavy-duty trucks to tap Latin American demand. Overseas demand for off-grid power and zero-emission mine power aligns with Ballard’s international order momentum, lifting export growth expectations for domestic fuel cell system and electrolyzer manufacturers. (III) Core Domestic Market Constraint: Elevated End-User Hydrogen Costs Impede Full-Scale Commercialization The latest China Hydrogen Price Index shows clean hydrogen priced at RMB 34.34 per kg in the Yangtze River Delta, RMB 38.13 per kg in the Pearl River Delta, and industrial hydrogen at RMB 29.33 per kg in Henan. Only wind- and solar-rich chemical parks in western China have achieved the RMB 18 per kg low-cost green hydrogen threshold. High costs tied to hydrogen storage and refueling infrastructure allocation erode economic viability for transportation and distributed power applications. For the near term, industry growth will remain concentrated in large-scale industrial hydrogen consumption and policy-subsidized pilot projects. Conclusion Near-term market catalysts stem from overseas power generation equipment orders, domestic pilot policy rollouts, and surging equipment exports. Over the long run, off-grid hydrogen power and green hydrogen aviation will emerge as the sector’s core high-growth tracks. The industry, however, continues to face headwinds including capacity constraints, prohibitive production costs, and project financing challenges.