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 article emphasizes the rapid growth and development of the hydrogen energy industry, particularly focusing on green hydrogen projects and the increasing scale of electrolyzer bids in the first quarter of 2025, which saw a significant increase compared to previous years [4][9][11]. Group 1: Electrolyzer Industry Dynamics - The article discusses the dynamics of various electrolyzer technologies, including ALK, PEM, and AEM, highlighting their respective developments and market trends [6]. - In the first quarter of 2025, the public bidding scale for electrolyzers reached 482.83 million, showing a substantial increase compared to previous years [10][11]. Group 2: Green Hydrogen Projects and Downstream Consumption - There are currently 788 green hydrogen projects in China, with a notable increase in project initiation and bidding activities in early 2025 [9]. - The number of new projects added in January, February, and March 2025 was 78, with a total of 125 updates on existing projects during the same period [9]. Group 3: Fuel Cell Industry Dynamics - The fuel cell market saw a total installed capacity of 47.6 MW in the first quarter of 2025, with Oriental Hydrogen leading the market with a share of 30.5% [13][17]. - The top five companies in the fuel cell sector have a high market concentration of 74.0%, indicating a competitive landscape [17].