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Wednesday
19 Aug 2020

Siemens Energy Launches Green Hydrogen Project in China

19 Aug 2020  by Molly Burgess   

Siemens Energy and Beijing Green Hydrogen Technology Development, a subsidiary of China Power International Development, have joined forces to develop a hydrogen production system for a hydrogen fuelling station located in Yanqing District, Beijing.

Host of a major sporting event scheduled for 2022, the Yanqing District’s green hydrogen production system will help guarantee the hydrogen supply for public transport both during and after the event.

The announcement is the result of a Memorandum of Understanding (MoU) signed last year between Siemens and State Power Investment Corporation Limited (SPIC), the ultimate controlling shareholder of China Power.

Through the MoU, the two companies agreed to collaborate on green hydrogen development and utilisation, something that created a close partnership which resulted in today’s announcement.

Both Siemens and SPIC plan to further expand their cooperation on green hydrogen projects.

“Promoting the application and development of renewable hydrogen is of great significance for China to build a modern and cleaner energy system. Together with our partner SPIC, we are making an important contribution to tackling climate change and reducing carbon emissions,” said Christian Bruch, CEO of Siemens Energy.

“SPIC is committed to working together with Siemens Energy to continue our cooperation in the field of clean energy and to leverage the complementary advantages of both parties. Together we will contribute to the development of clean energy in order to cope with climate change together,” said Qian Zhimin, Chairman of SPIC.

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