Hydrogen electrolyzers – the new star of Chinese exports
China, known for its successes in electromobility, batteries and photovoltaics, is entering the international arena with a new blockbuster – hydrogen electrolyzers! What’s worth knowing?
Chinese manufacturers like Beijing Peric Hydrogen Technologies and Shandong Saikesaisi Hydrogen Energy Co. are seeing unprecedented export growth, driven by demand for green hydrogen in Europe and the Middle East.
Time for big numbers! Beijing Peric’s exports of electrolyzers reached nearly 300 million yuan in 2023, with a projection of 10-fold growth within a decade, it is estimated that Shandong Saikesaisi’s production will soon dominate overseas markets.
What will the future bring? The EU plans to install 40 GW of electrolyzers by 2030, and the Middle East is pushing for large-scale green hydrogen production. That means it’s a huge opportunity for Chinese companies to expand their global presence.
Chinese hydrogen electrolyzers are breaking barriers and becoming a key part of the global energy transition!