China Sees More than $11 Billion Active Green Hydrogen Projects

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According to a report by Boston Consulting Group, China is currently the world's largest hydrogen producer, with an annual output of 33 million tons, accounting for one-third of global demand. It is predicted that China's hydrogen demand will reach 35 million tons in 2030 and 60 million tons in 2050.

As the world's largest energy consumer and carbon emitter, China has taken actions to reduce carbon emissions. Industrial Info is tracking more than 190 active hydrogen projects, valued at US$18.69 billion, in China. Among these, 76 are green hydrogen projects with a combined total investment value of $11.26 billion. Subscribers to Industrial Info's Global Market Intelligence Chemical Processing Project Database can click here for related project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).