On November 21, it was reported that Shaanxi Hydrogen Energy Industry Development Co., Ltd. (referred to as "Shaanxi Hydrogen") has secured a 41 million yuan loan from the National Development and Reform Commission (NDRC) under its second batch of new fund loans. The funds, disbursed through the Export-Import Bank of China's Shaanxi branch, will be used as capital for the Yulin Zero-Carbon Industrial Park Hydrogen Energy (Hydrogen Production) Demonstration Project.
A representative from Shaanxi Hydrogen stated that this funding reflects strong national industrial and financial policy support for the hydrogen energy sector under the "dual carbon" goals. It also highlights the government's commitment to accelerating strategic hydrogen energy deployment and project implementation.
Shaanxi Hydrogen will adhere to its "1145" strategic plan, focusing on breakthroughs in key hydrogen energy supply chain technologies. The company aims to advance projects in equipment manufacturing, technological innovation, and application scenarios to support Shaanxi's green energy transition.
The Yulin Zero-Carbon Industrial Park Hydrogen Energy (Hydrogen Production) Demonstration Project, fully funded by Shaanxi Hydrogen's subsidiary Green Source Technology, is located in the Yulin-Hengshan Industrial Park. The total planned investment is approximately 20.5 billion yuan (including supporting renewable energy and energy storage projects).
The hydrogen production unit covers about 300 acres and will be implemented in two phases, with a total investment of around 690 million yuan. The first phase, spanning 166 acres with an investment of 410 million yuan, includes six electrolyzers and related facilities, with a production capacity of at least 4,100 standard cubic meters per hour. Suppliers for alkaline (ALK) and proton exchange membrane (PEM) electrolyzers were selected through a competitive bidding process.
Additionally, the project will test self-developed solid oxide (SOEC) electrolyzers for industrial demonstration, aiming to produce 3,000 tons of green hydrogen annually, generating 75 million yuan in output value and reducing CO₂ emissions by approximately 60,000 tons per year. A 5,000 standard cubic meters/hour electrolyzer testing platform will also be constructed for systematic evaluation.
The second phase, building on the first, will prioritize low-energy-consumption, high-safety hydrogen production processes and is scheduled for completion in 2028. The target is to produce 100,000 tons of green hydrogen annually, reducing CO₂ emissions by about 2 million tons per year.