Deals Counterparts

Jaze New Energy invests CNY 3.557 billion in 300,000-ton green hydrogen-to-aviation fuel project in Heilongjiang Province

Investment Hydrogen announced China Apr 17, 2026
USD521.4M
Deal Value

Chinese energy company Jaze New Energy committed CNY 3.557 billion ($521.4 million) to construct a 300,000-ton green hydrogen-to-aviation fuel facility in Jidong County, Jixi City, Heilongjiang Province. The project will utilize agricultural waste (straw and corn cobs) combined with wind energy to produce sustainable aviation fuel, with reported revenues of CNY 2.499 billion in 2025. Located in northeastern China's Heilongjiang Province, the facility represents one of the country's largest green hydrogen initiatives targeting aviation decarbonization. The investment follows China's aggressive push to develop hydrogen corridors along major industrial belts, with Heilongjiang's agricultural and wind resources providing ideal conditions. Construction timelines were not specified in the announcement, though the project's scale suggests multi-year development phases.

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Timeline

Announced
Apr 17, 2026
Signed
Closed

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