Updates on China’s hydrogen and fuel cell market, second half of January 2022

H2 January 2022: Corporate Profile: Shanghai Super Power Technology – Fuel Cell Balance of Plant Components One-Stop Shop

  Shanghai Super Power Technology (SSPT) recently completed a new investment round, the third time in recent years that the company has raised money on public markets to fund development and production of fuel cell system components. In this latest round, Han-Ye New Energy invested 200 million RMB. SSPT confirmed this influx of capital would…

H2 January 2022: Corporate Profile – PRC State Power Investment Corporation (SPIC): Scope of Investments in China

The PRC’s State Power Investment Corporation (SPIC) is one of China’s “Big Five” energy firms. As a state-owned enterprise (SOE), SPIC makes business decisions based on industrial policy set by the PRC government. A major policy announced recently is the “Carbon Peak 2030, Carbon Neutral 2060” strategy. Like other energy firms in China, SPIC has…

H2 January 2022: Corporate Profile – Shanghai Aerospace Hydrogen – Recent Fuel Cell Projects for Motive Applications

Hydrogen energy and fuel cell technology has been officially written into China’s Fourteenth Five-Year Plan (14FYP). Though the country still lacks a comprehensive hydrogen promotion plan on the level of, for example, the “Carbon Peak 2030, Carbon Neutral 2060” plan, policies supporting hydrogen generation and fuel cell technologies have started to emerge at the provincial…