HBIS XuanSteel and SinoHytec Partner to Accelerate Hydrogen Energy Development in Zhangjiakou
Key Ideas
- HBIS XuanSteel and SinoHytec signed a strategic cooperation agreement to advance fuel cell vehicles and hydrogen energy applications in Zhangjiakou, Hebei Province.
- The partnership aims to support XuanSteel in achieving carbon peak and carbon neutrality goals while promoting renewable energy development in the region.
- XuanSteel completed Phase One of a large hydrogen metallurgy project in 2022, emphasizing its commitment to green and low-carbon transformation in the steel industry.
- The collaboration will focus on green hydrogen supply, fuel cell vehicle applications, and exploring renewable energy hydrogen production to boost the hydrogen energy industry.
HBIS Group XuanSteel Company and SinoHytec have entered into a strategic cooperation framework agreement to accelerate the development of hydrogen energy in Zhangjiakou, Hebei Province, China. This partnership aims to drive the demonstration application of fuel cell vehicles, enhance the green hydrogen supply system, and expedite the large-scale adoption of hydrogen energy. XuanSteel, a wholly-owned subsidiary of HBIS Group, is dedicated to achieving a green and low-carbon transformation, with a focus on creating China’s first green transformation demonstration zone in the steel industry. The collaboration with SinoHytec will leverage the strengths of both companies in hydrogen energy applications, green hydrogen production, and hydrogen energy equipment. Specifically, the partnership will prioritize green hydrogen supply, diversified application demonstrations, and fuel cell vehicle integration in XuanSteel’s logistics chain. By addressing green hydrogen needs in hydrogen metallurgy and aligning with green hydrogen market demands, the long-term strategic cooperation between SinoHytec and XuanSteel aims to explore renewable energy hydrogen production and advance the entire industrial chain. Overall, this collaboration signifies a significant step towards sustainable development and innovation in the hydrogen energy sector in Zhangjiakou.
Topics
Power
Renewable Energy
Innovation
Green Transformation
Steel Industry
Carbon Neutrality
Industry Development
Fuel Cell Vehicles
Strategic Cooperation
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