Hydrogen energy park in Qingdao accelerates growth

The second centralized signing and key project launch event for the Qingdao Hydrogen Energy Industry Park was held in Boli town of Qingdao West Coast New Area, on March 14.

With a total investment exceeding 4 billion yuan ($552.57 million), 14 key hydrogen energy projects were signed or put into operation, which accelerates and upgrades the development of the entire hydrogen energy industry value chain in the Qingdao Hydrogen Energy Industry Park. The Hydrogen Energy Building's international reception hall opened, and an industry research institute was also inaugurated.

The Hydrogen Energy Building of the Qingdao Hydrogen Energy Industry Park is put into use. [Photo/WeChat account: qdxihaianfabu]

The investment entities for these projects include leading companies with extensive experience in hydrogen energy, as well as expert teams focused on cutting-edge technology research. The projects cover the entire hydrogen production process, including storage, transportation, refueling, and utilization. It utilizes the rich local by-product hydrogen resources and explores new areas such as photovoltaic green hydrogen production.

Since its establishment, the Qingdao Hydrogen Energy Industry Park has signed a total of 22 hydrogen energy projects with a combined investment of over 14 billion yuan. The park is currently advancing the construction of its second-phase expansion, which includes plans for hydrogen ports, hydrogen communities, hydrogen transportation, and other application scenarios. By 2030, the park aims to achieve an industrial scale of 11 billion yuan and gather more than 50 projects across the upstream and downstream industry value chain.