Shuangliang Eco-Energy Systems to Supply Electrolyzers for Sinopec Green Hydrogen Project
Shuangliang Eco-Energy Systems will supply electrolyzers for Sinopec's green hydrogen project in Xinjiang. The project aims to produce green hydrogen using renewable energy.
Source Intelligence
The project is estimated to reduce carbon emission by 1.43 million tons annually, contributing 600 million yuan ( USD 87.17 million ) in GDP and 30 million yuan ( USD 4.36 million ) of tax. "The Project is of great significance to guaranteeing China's energy security, building new energy systems and advancing green energy and low-carbon development in Inner Mongolia, leading towards a new, high-quality development roadmap that prioritizes ecological conservation and green development," said Ma Yongsheng , Chairman of Sinopec .
"China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") held launching ceremonies of its first hydrogen demonstration project in the Inner Mongolia Autonomous Region, the Inner Mongolia Erdos Wind-Solar Green Hydrogen Project (the "Project")"
"A milestone in Sinopec's hydrogen development roadmap following its green hydrogen pilot project in Kuqa Xinjiang in 2021"
Global Infrastructure Sherpa