Use Of Funds
Fugu will take the opportunity of Yulin to build China's "Western Hydrogen Valley" and cultivate a 100 billion level hydrogen energy industry cluster to build a full hydrogen energy industry chain, promote the transformation and application of key technologies in the hydrogen energy industry chain such as hydrogen production, hydrogen transmission, hydrogenation, energy storage, and strive for the implementation of projects such as hydrogen energy research and development, production, storage, transportation, consumption, and equipment manufacturing. At present, Fugu has planned: 100000 t/a coal based hydrogen production project, 200000 t/a raw gas based hydrogen production project, solar energy electrolytic water based hydrogen storage project, and coal bed methane based hydrogen production project. Fugu is rich in water and coal, with an annual total water resources of 6 There are 100 million cubic meters, 23 billion tons of proven coal reserves, and 300 billion cubic meters of regional CBM reserves. There are two large CBM development enterprises, Zoomlion CBM and PetroChina CBM. It pioneered the technology of hydrogen production from raw gas with oxygen without shift, which has opened up a new path for domestic coal to hydrogen energy. These superior basic conditions can provide raw materials and technology supply for the development and implementation of the project.
Return Analysis
China's goal of "achieving carbon neutrality by 2060" means that the pace of China's transformation to zero emission green energy is accelerating. Building a "hydrogen society" will not only play a decisive role in the green energy transformation, but also be of great significance for China to strengthen energy security. The development and construction of projects have good economic value and great social benefits
Contact Information
Contact: Wang Lifang
Phone: 15809129092 0912-8719729