Pengfei Group Leading the Way in Hydrogen Energy Integration for Green Development
Key Ideas
- Pengfei Group, a top Chinese enterprise, is actively integrating hydrogen energy into its business strategy for clean energy development and sustainability.
- The company has implemented various hydrogen energy projects including production, storage, transportation, and utilization, showcasing advanced technologies and full-industry-chain layouts.
- Through partnerships and innovative financing models like 'government guidance funds plus green finance,' Pengfei Group is overcoming financing challenges and leading the way in the hydrogen energy industry.
- The company's efforts have resulted in significant achievements with operational hydrogen projects, hydrogen refueling stations, hydrogen-powered vehicles, and notable advancements in hydrogen energy patents and standards.
At a side event of the 2025 Global South Financiers Forum in Beijing, Zheng Peng, the board chairman and president of Pengfei Group, highlighted the company's commitment to integrating hydrogen energy into its overall strategy for energy transformation and upgrading. Pengfei Group, based in Xiaoyi City, Shanxi Province, is aligning with China's dual carbon goals to achieve peak carbon emissions by 2030 and carbon neutrality by 2060. The company focuses on hydrogen energy production, storage, transportation, processing, and utilization, showcasing a hydrogen energy industrial park with advanced technologies and complete industrial chain. With operational hydrogen projects, hydrogen refueling stations, hydrogen-powered vehicles, and advancements in patents and standards, Pengfei Group is making significant strides in the hydrogen energy sector. Through innovative financing models like 'government guidance funds plus green finance,' the company is overcoming financing challenges and leading the way in green development and sustainability. Zheng Peng also emphasized the importance of local government incentives, financial institution support, and industry guidance funds in propelling the growth of the hydrogen energy business. Pengfei Group's efforts serve as a model for energy enterprises, demonstrating a successful integration of hydrogen energy for a greener future.