欢迎订阅 | 势银《中国氢能及燃料电池产业月度分析报告》

Core Viewpoint - The hydrogen energy industry is at a critical juncture in 2025, requiring national policy support, with both domestic and international signals indicating progress in the sector [9]. Group 1: Industry Dynamics - The National Development and Reform Commission is establishing a "carrier-level" national venture capital guidance fund, expected to attract nearly 1 trillion yuan in social capital, focusing on cutting-edge fields including hydrogen energy [7]. - Australia announced an investment of 750 million AUD (approximately 474 million USD) to support green mining and processing technologies, particularly hydrogen-based iron reduction technology [8]. - The hydrogen energy industry standards are gradually being improved, with the National Energy Administration releasing a guideline for the 2025 energy industry standards plan, which includes hydrogen production, storage, transportation, and fuel cell applications [9]. Group 2: Green Hydrogen Projects and Market Trends - As of Q1 2025, there are 788 domestic green hydrogen projects, with the scale of electrolyzer bids increasing over 58 times compared to the same period last year [10]. - The total scale of publicly bid electrolyzers in Q1 2025 reached 482.825 MW, indicating significant growth in project demand [11]. - The top three companies in fuel cell installation capacity in Q1 2025 are Dongfang Hydrogen Energy, Rongcheng Hydrogen Yang, and Guohydrogen Technology, with a market concentration of 74% [12][13].