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Shaanxi Hydrogen Energy Secures 41 Million Yuan in New Funded Loans from National Development and Reform Commission
Release time:
2025-10-30
On October 24, Shaanxi Hydrogen Energy's under-construction Yulin Zero-Carbon Industrial Park Hydrogen (Production) Demonstration Project secured 41 million yuan in funded loans from the second batch of new funds issued by the National Development and Reform Commission (NDRC). The capital, disbursed through the Shaanxi Branch of the Export-Import Bank of China, will be used as equity investment for the project.
This new funded facility not only reflects strong national industrial and financial policy support for the hydrogen energy industry under the "Dual Carbon" goals but also represents a significant initiative by governments at all levels to accelerate the strategic layout and project implementation of hydrogen energy. Adhering to its "1145" strategic framework, Shaanxi Hydrogen Energy will focus on breakthroughs in key technologies across the entire hydrogen industry chain, accelerating the construction of projects in equipment manufacturing, technological innovation, and application scenarios, thereby contributing to the achievement of the "Dual Carbon" goals and supporting Shaanxi's green energy transition.
The Yulin Zero-Carbon Industrial Park Hydrogen (Production) Demonstration Project (hereinafter referred to as the "Project") is wholly invested in and constructed by Green Source Technology Co., Ltd., a subsidiary of Shaanxi Hydrogen Energy. Located in the Yuheng Industrial Park, the project has a total planned investment of approximately 20.5 billion yuan (including supporting new energy and energy storage projects). The hydrogen production unit occupies about 300 mu of land and is planned to be implemented in two phases, with a total investment of approximately 690 million yuan.
The Phase I project covers 166 mu with a total investment of about 410 million yuan. It includes six electrolyzers and related auxiliary facilities, delivering a hydrogen production capacity of no less than 4,100 Nm³/h. Alkaline (ALK) and Proton Exchange Membrane (PEM) electrolyzer suppliers were selected through a competitive bidding process. The phase also involves trialing self-developed Solid Oxide Electrolyzer Cell (SOEC) technology for industrial demonstration. Upon completion, Phase I is expected to produce 3,000 tons of green hydrogen annually, generating an annual output value of 75 million yuan and reducing carbon dioxide emissions by approximately 60,000 tons per year. Additionally, a 5,000 Nm³/h electrolyzer testing platform will be constructed to support systematic testing and validation of electrolyzers.
Phase II will build upon Phase I by optimizing hydrogen production processes for lower energy consumption and higher safety. It is scheduled for completion and operation by 2028, with a target annual production capacity of 100,000 tons of green hydrogen and an estimated reduction of about 2 million tons of carbon dioxide emissions per year.
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