一、海水制氢：从实验室到产业化的"中国速度" 传统制氢依赖化石燃料或陆地电解，需先淡化海水再电解，能耗高且易腐蚀设备。2024年，中国科研团队攻克耐腐蚀电极材料难题，研发出可承受高盐环境 的催化剂，将运行电压从2.1伏降至1.59伏，直流电耗仅3.80千瓦时/立方米氢气。2025年，百千瓦级系统在青岛落地，每小时产氢20立方米，直接并入城市 管网供车辆加注。 技术突破背后是政策与产业的双重驱动。国家能源局数据显示，截至2025年二季度，中国氢能专利占全球41%，《氢能产业发展中长期规划》推动下，科研 机构与企业联合开发出多孔隔膜水蒸发电法，省去淡化环节，流程缩短60%。福建团队研发的光解海水芯片，转换效率达18%，大连化物所的系统氢气纯度 突破99.999%，均创世界纪录。 石油要"跌下神坛"？中国海水制氢技术能否改写全球能源格局？ 当国际油价因地缘冲突和金融炒作反复震荡时，中国正用一管海水改写能源规则。2025年，随着海水直接电解制氢技术突破，氢能成本降至每公斤20元以 下，这项被国际能源署评价为"颠覆性创新"的技术，正在重构全球能源版图。 二、绿氢崛起：石油市场的"鲶鱼效应" 三、能源革命：从"买油"到" ...

Investment Rating - The report maintains an "Outperform" rating for the electric equipment and new energy industry [1]. Core Insights - The photovoltaic module shortage has led to price increases, while the energy storage sector is initiating a "reverse involution" [1]. - In the new energy vehicle sector, the China Association of Automobile Manufacturers reported sales of 1.262 million units in July, a year-on-year increase of 27.4%, accounting for 48.7% of total new car sales for the month [1][25]. - The price of lithium carbonate has recently risen significantly, which is expected to restore profitability in related sectors, with a focus on battery and cathode material segments [1]. - Solid-state batteries have made progress in both new energy vehicles and energy storage applications, with a clear trend towards industrialization [1]. - The central economic work conference has emphasized the need to regulate "involutionary" competition and promote product quality in the photovoltaic sector [1]. - The hydrogen energy sector is being driven by continuous policy support, with pilot projects being launched in the energy sector [1]. Industry Dynamics - The electric equipment and new energy sector saw a weekly increase of 5.84%, outperforming the Shanghai Composite Index [10]. - The lithium battery index rose by 6.56%, while the wind power sector increased by 6.32% [13]. - The report highlights that the price of photovoltaic components has reached 0.7 yuan/W, with shortages primarily in the 710W large-format components [25]. - The energy storage market is witnessing significant project orders, such as a 2.8GWh independent energy storage project signed by Nandu Power [25]. - The report notes that the price of silicon materials remains stable, with mainstream prices for dense materials around 42-47 yuan/kg [15]. Company Dynamics - Ganfeng Lithium is collaborating with LAR to develop a lithium salt lake project with an annual production capacity of 150,000 tons of LCE lithium products [26]. - Keda Li reported a net profit of 769 million yuan for the first half of 2025, a year-on-year increase of 18.72% [26]. - Nandu Power reported a net loss of 232 million yuan for the first half of 2025, a year-on-year decline of 225.48% [26]. - Jinlang Technology reported a net profit of 602 million yuan for the first half of 2025, a year-on-year increase of 70.96% [26].

Core Viewpoint - Hydrogen energy is becoming a key pathway for green development as global energy transition accelerates, with various regions aiming to establish a competitive edge in this sector [1][2]. Policy Developments - The "Implementation Plan for the Renewable Energy Development and Utilization Regulations in Beijing" proposes the construction of hydrogen energy infrastructure and its application across multiple fields, aiming to create a comprehensive hydrogen energy network covering Beijing and the surrounding areas [1][3]. - The plan includes diversified local hydrogen production pilot projects, the establishment of hydrogen refueling stations, and the exploration of hydrogen transportation pipelines [3]. - Other regions, such as Chongqing and Wuhan, are also actively developing hydrogen energy policies and infrastructure, indicating a nationwide push towards hydrogen energy [4][5]. Industry Outlook - The International Energy Agency predicts that global hydrogen demand will exceed 500 million tons by 2050, with over 60% of this demand coming from power generation, natural gas blending, and transportation sectors [7]. - Domestic hydrogen demand in China is expected to reach between 100 million tons and 130 million tons by 2050 [7]. Corporate Engagement - Companies are increasingly focusing on hydrogen energy, with strategic partnerships and projects being established to enhance their presence in this sector. For instance, Beijing Yihuatong Technology Co., Ltd. signed a strategic cooperation agreement with Shanxi Pengfei Group to develop hydrogen fuel cell technology [8]. - The first 30MW pure hydrogen gas turbine energy storage demonstration project is underway in Inner Mongolia, showcasing corporate investment in hydrogen technology [9]. - Companies are leveraging technological innovation and resource integration to accelerate the commercialization of hydrogen energy, indicating a robust growth potential in the industry [9].

Investment Rating - The industry rating is "Outperform the Market" [3] Core Insights - The construction of hydrogen pipelines has achieved multiple breakthroughs, and hydrogen fuel cell trucks have seen a resurgence in bulk orders. This week, five new electrolyzer projects were awarded, suggesting a focus on companies with strong bidding capabilities for electrolyzers. The midstream sector is accelerating the construction of hydrogen pipelines, with several projects making progress, indicating a recommendation to pay attention to companies capable of hydrogen transportation. Additionally, bulk orders for hydrogen fuel cell trucks were announced this week, highlighting the potential of related enterprises [2][36]. Industry Performance - As of August 15, 2025, the hydrogen energy index closed at 2386.88 points, with a weekly increase of 2.75% and a year-to-date increase of 34.33%. The hydrogen energy sector ranked 39th among Shenwan's secondary industry rankings, showing a slight decline [8][14]. Stock Performance - The top five companies in the hydrogen energy sector by weekly increase were Dayuan Pump Industry (61.11%), Tenglong Co., Ltd. (35.05%), Kaimete Gas (34.73%), Fuan Energy (28.72%), and Chuanhuan Technology (27.58%). Conversely, the top five companies with the largest weekly declines were Donghua Energy (-11.49%), Xiling Power (-6.65%), Xinxinda (-5.75%), Shandong Molong (-5.59%), and Huadian Liaoning Energy (-5.48%) [14][15]. Hydrogen Industry Data Review - This week, there were a total of six awarded hydrogen projects with a scale of 15MW, and a total hydrogen production capacity of 3000 Nm³/h. Among these, two electrolyzer projects were awarded to Aidemann and Han Hydrogen Technology [16][17]. Industry Dynamics - Domestic developments include Geely's signing of an order for 270 alcohol-hydrogen commercial vehicles, and the planned construction of a 195 km hydrogen pipeline by Huadian, set to begin on September 5, 2025. Additionally, breakthroughs in hydrogen pipeline steel products have been achieved by Shougang Jingtang [31][32]. Policy and Announcements - The Ministry of Finance announced that hydrogen energy can be tax-deductible under certain conditions, which is expected to stimulate the industry. Furthermore, the 398th batch of the "Announcement of Production Enterprises and Products of Road Motor Vehicles" has been released, indicating a resurgence of hydrogen fuel cell passenger vehicles [33][34].

来源：市场资讯 （来源：我的电池网） 【编者按】燃料电池周报，系电池网（微号：mybattery）与国内电池上市公司——雄韬股份（微号： vision002733，股票代码：002733）联合推出燃料电池资讯类周报（每周三推出，归属"电池智库"栏 目），旨在通过更具价值的数据、报告或资讯等给行业带来更加客观的认知和分析，给实业制造以不同 的视角和思维，同时我们将根据读者、行业、公司需求推出深度研究与项目对接，引进国外先进技术和 合适资本推动中国燃料电池行业的商业化应用进程。另外，探索与企业或机构联办栏目也是更大程度地 满足公司和市场、用户需求。我们期待着您的关注、参与和支持！ 电池网总编室 雄韬股份 2025年8月20日 总投资131.8亿元！内蒙古一制氢氨一体化项目获批备案 8月14日，内蒙古自治区投资项目在线审批办事大厅发布项目备案告知书，信息显示，国华（巴彦淖尔 市）新能源有限公司提交的国华乌拉特中旗风电制氢氨一体化项目（制氢氨部分）工业项目备案（发 改）项目，准予备案。 具体来看，项目总投资131.8亿元，建设442,000Nm³电解水制氢、377.80万Nm³储氢、3x45万吨/年合成 氨及配套的空 ...

Core Viewpoint - The 2025 TrendBank Green Hydrogen Industry Conference will be held on August 27-28, 2025, in Wuxi, Jiangsu, focusing on the development and future outlook of the green hydrogen market [2][17]. Group 1: Conference Details - The conference will feature industry experts and companies discussing strategies for scaling green hydrogen production [2][4]. - The event is organized by TrendBank and will take place at the New Lake Pullman Hotel in Wuxi, with an expected attendance of over 300 participants [17][18]. - The conference theme is "Breaking Through the Bottlenecks of Green Hydrogen Development with High Reliability and High-Efficiency Hydrogen Production Products" [17]. Group 2: Agenda Highlights - The agenda includes opening speeches, expert presentations, and product launches, with a focus on the hydrogen technology development under the dual carbon strategy [11][12]. - Key sessions will cover topics such as renewable energy flexible hydrogen production, SOEC technology innovations, and safety practices in hydrogen products [13][14]. - The conference will also feature roundtable discussions on the innovation paths for the Wuxi hydrogen industry [12][18]. Group 3: Participating Companies and Experts - Notable participants include members from the Royal Society of Chemistry, Russian Academy of Engineering, and various leading hydrogen technology companies [4][5]. - The confirmed speakers include industry leaders and experts who will share insights on hydrogen technology advancements and market trends [4][11]. - A comprehensive list of attendees from various companies involved in the hydrogen sector is continuously updated [5][7].

Core Viewpoint - The hydrogen production technology is crucial for the feasibility of large-scale hydrogen energy applications, with ALK technology currently dominating the market due to its lower costs, despite facing significant technical challenges [1][3][4]. Summary by Sections Hydrogen Production Technologies - The domestic public procurement scale for electrolysis hydrogen production equipment is projected to reach 323.8 MW by H1 2025, with ALK technology accounting for 89% of the orders due to its cost-effectiveness in industrial hydrogen production [1]. - PEM technology, while having advantages in efficiency and response speed, only accounted for 8% of orders in combination with ALK and 2% independently, primarily due to high costs and challenges in durability and cost control [1][3]. - AEM technology is gaining attention for combining the advantages of both ALK and PEM, but it is still in the early development stage and faces challenges such as membrane stability and electrode reaction kinetics [3][4]. - SOEC technology utilizes high-temperature waste heat to improve hydrogen production efficiency but is hindered by material corrosion issues and high manufacturing and operational costs, making large-scale commercialization difficult [4]. Industry Events - The 2025 TrendBank Green Hydrogen Industry Conference will be held on August 27-28 in Wuxi, featuring a special session on systems and electrolyzers, with participation from leading companies in the hydrogen sector [4][5][6]. - The conference aims to address the challenges in hydrogen production technologies and promote discussions on innovative solutions and industry advancements [4][5][6]. Key Presentations and Discussions - The conference will include presentations on various topics such as the development of hydrogen technologies under carbon neutrality goals, innovations in SOEC technology, and the commercialization of PEM technology [5][6][7][8]. - Notable speakers include industry leaders and experts who will share insights on the current state and future outlook of the hydrogen market [5][6][7][8]. Market Trends and Future Outlook - The hydrogen industry is expected to continue evolving with ongoing research and development aimed at overcoming the technical challenges faced by different hydrogen production technologies [1][3][4]. - The focus on cost reduction and efficiency improvements will be critical for the widespread adoption of hydrogen as a clean energy source [1][3][4].

国富氢能(02582)续涨超4%，截至发稿，涨4.18%，报73.5港元，成交额7284.56万港元。 消息面上，国富氢能宣布，全资控股国富铭志与哈密通慧德订立100兆瓦绿电制氢设备销售协议，合约 总价值超过1.5亿元。根据销售协议，国富铭志将向该客户供应22套1000标准立方米/小时电解槽、气液 处理设备、绿电制氢控制系统、安全检测系统以及公用辅助设备。 公告指出，此次合作标志着公司在中国西北工业领域大规模应用电解制氢技术的重要里程碑，基于哈密 地区丰富的风能、光伏等可再生能源资源进行氢能与冶金产业融合的长期战略规划，代表公司在绿色冶 金领域的首个综合绿电制氢冶金解决方案。 ...

消息面上，国富氢能宣布，全资控股国富铭志与哈密通慧德订立100兆瓦绿电制氢设备销售协议，合约 总价值超过1.5亿元。根据销售协议，国富铭志将向该客户供应22套1000标准立方米/小时电解槽、气液 处理设备、绿电制氢控制系统、安全检测系统以及公用辅助设备。 公告指出，此次合作标志着公司在中国西北工业领域大规模应用电解制氢技术的重要里程碑，基于哈密 地区丰富的风能、光伏等可再生能源资源进行氢能与冶金产业融合的长期战略规划，代表公司在绿色冶 金领域的首个综合绿电制氢冶金解决方案。 智通财经APP获悉，国富氢能(02582)续涨超4%，截至发稿，涨4.18%，报73.5港元，成交额7284.56万港 元。 ...

该技术一举攻克传统喷射混凝土初支结构"强度不足、耐久性欠佳、抗渗性薄弱"等痛点，显著提升 了施工质量与效率，为我国岩洞储氢产业的安全化、高效化发展奠定了关键技术基础。 值得关注的是，为进一步保障施工精度与质量稳定性，项目团队同步开展了喷射超高性能混凝土专 用机械臂的现场应用探索，实现了"材料创新+装备升级"的协同突破，为该技术的规模化推广与产业化落 地积累了宝贵的工程经验。 近日，由中交第二航务工程局有限公司（下称"二航局"）与中国科学院武汉岩土力学研究所联合研 发的喷射超高性能混凝土新技术，在国内首座岩洞储氢项目——湖北大冶岩洞氢储能系统的隧洞初期支 护工程中成功应用，这标志着我国岩洞储氢工程在关键结构技术领域取得突破性进展，为氢能产业基础 设施的规模化开发提供了技术范本。 作为大冶市绿电绿氢制储加用一体化氢能矿场综合建设项目的核心工程，大冶岩洞储氢项目建成后 将成为国内首个岩洞地质体储氢项目，同时承担国家级能源战略储备基地与省级规模化储氢总站的双重 职能。 由于储氢隧洞是高内压承载体，其支护结构需满足极高的强度、耐久性与抗渗性要求，二航局与武 汉岩土所组建联合攻关团队，针对性研发出兼具超高性能与快速凝结特 ...