China to exceed ‘green’ hydrogen target ahead of schedule, beating rest of world combined.
Output of hydrogen made using renewable energy on track to beat a 2025 target of 200,000 tonnes, Rystad Energy report says.
China is set to surpass its national hydrogen production targets, solidifying its leading position in the global markets for electrolysers and hydrogen-powered vehicles thanks to a strong policy push, record-breaking renewable energy installations and a mature automotive supply chain.
The country, already the world’s largest producer and consumer of hydrogen, is projected to install around 2.5 gigawatts of hydrogen electrolyser capacity by the end of this year, according to a Rystad Energy report on Wednesday.
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China to exceed ‘green’ hydrogen target ahead of schedule, beating rest of world combined. source