Chinese fossil fuel giant Sinopec expects to build 100 new hydrogen refueling stations this year. According to company plans the the total number is expected to reach 1,000 by 2025. This was announced during the company’s interim results conference on August 30.
At the moment Sinopec has 20 hydrogen refueling stations in 14 regions in China. Sinopec has an annual hydrogen production capacity of more than 3.9 million tons, accounting for 11 percent of China’s output.
The company has four hydrogen purification production units in China. One of those units is expected toproduce hydrogen for the upcoming 2022 Winter Olympic Games in Beijing.
Sinopec will make hydrogen energy the main direction of its new energy business and has already made breakthroughs in hydrogen refueling stations, hydrogen production technology, hydrogen fuel cells and hydrogen storage materials, the company said Monday.
As of today Sinopec has 570 charging and battery swap stations in China. This number is expected to increase to 5,000 by 2025.
The company said its partners in battery swap include Aulton. Aulton is a a battery swap platform in which BAIC has a 30% stake.
We will keep you posted about further development’s from China’s Sinopec & Hydrogen.