China’s Daxing and GH2 cooperate on green hydrogen
Chinese demonstration hub and international companies form alliance to drive deployment of green hydrogen globally
China’s largest hydrogen demonstration complex at Daxing and Swiss-based industry alliance the Green Hydrogen Organisation (GH2) have agreed to work together to accelerate global production and use of the clean fuel. Central to the cooperation, set out in a memorandum of understanding, will be the creation of a global accreditation standard for green hydrogen. A widely accepted standard based on rigorous sustainability criteria is seen as crucial to the industry’s development as it would provide certainty to investors and consumers, according to the GH2, whose members include Australia’s Fortescue Metals Group and Germany’s Thyssenkrupp. “Chinese and international companies’ collaboration is
Also in this section
3 May 2024
Australia’s Fortescue and France’s EDF Renewables among the successful bidders as second-round auction draws green hydrogen projects worth about $11b
1 May 2024
High costs and uncertainty over offtake agreements are delaying project investment decisions, according to Aurora Energy Research
1 May 2024
Low clearing prices in first European Hydrogen Bank auction reflect fierce competition for green hydrogen subsidies and buyers’ willingness to pay premium
1 May 2024
Japanese company launches test module at Takasago Hydrogen Park with aim to deploy megawatt-scale demonstration project of electrolyser technology