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China’s SPIC plans US$5.85-billion investment turning green hydrogen into fuel

December 11, 2023
Source: theglobeandmail.com theglobeandmail.com
News Snapshot:
China’s State Power Investment Corp announced a 42 billion yuan ($5.85-billion) investment plan in northeast China to produce fuel from hydrogen produced from wind power, according to a company official and a local government report. The projects, that include a 3.5 gigawatt wind power plant, a 164,000 metric ton per year hydrogen-making facility and 400,000 tpy each of sustainable aviation fuel (SAF) and methanol, will be built in Qiqihaer city of Heilongjiang province, according to a report carried on the city’s official WeChat platform. SPIC will first build a 10,000-tpy pilot plant making SAF from wind power based hydrogen applying...
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