Green hydrogen equipment makers cash in on China's clean energy revolution
The push towards hydrogen means an influx in orders for domestic electrolyzer manufacturers.
Electrolyzers are devices used to split water molecules into oxygen and hydrogen and are in high demand.
One electrolyzer producer in the eastern Chinese city of Hefei is scaling up production capacity and developing new products that can be used in regions rich with solar and wind resources.
And it's not just electrolyzers. Distributed hydrogen systems are being piloted around China and are also creating new opportunities for businesses.
The country’s planned capacity for various green hydrogen projects is estimated at two to three millions tons, with a market size for green hydrogen production equipment expected to hit roughly six billion U.S. dollars.
Good news for Palladium/Platinum as it used an electrolyzer to make hydrogen !!!
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