On September 4th, the Hydrogen Energy Industry Development Forum and the 11th Global Top 500 New Energy Enterprises Summit was held in Taiyuan, Shanxi, jointly organized by the International Renewable Energy Administration, China Three Gorges Corporation, China Energy News, Shanxi Energy Administration and other units. The conference released the list of global top 500 new energy companies of 2021. GCL Group ranks fourth, the one and only Chinese energy company among the top 5. GCL maintains its pioneering role in China’s new energy industry.

 

Invited by the organizer, Zhu Gongshan, Chairman of GCL Group, delivered a keynote speech entitled "aiming at the window of opportunity for the development of carbon neutral and hydrogen energy industry".

 
Zhu Gongshan says that although in the short run, hydrogen energy is still facing bottlenecks in technologies and industrial chains, the next 10 to 20 years will be an important window of opportunity for China's hydrogen energy and fuel cell industries. Hydrogen energy is the golden track and the development trend of the era.

 
Zhu Gongshan believes that technological progress has brought down the cost of photovoltaic power generation. Parity or even lower-cost PV power is on its way. By 2025, the unit price of on-grid photovoltaic power in 60% districts of China will be lowered to 0.13 yuan or so. The unit price of wind power can also decrease to around 0.15 yuan, while the cost of energy storage will be less than 0.2 yuan per kilowatt-hour. When the cost of photovoltaic hydrogen production can be reduced to 1 yuan per cubic meter, large-scale low-cost production of green hydrogen will become possible. The triad of "silicon-solar-hydrogen" will become the ultimate solution for clean energy in the future. To produce green hydrogen through photovoltaics is a realization of carbon reduction at the source, clean processes, and decarbonization at downstream industrial applications.

Starting from the end of the "13th Five-Year Plan" period, GCL Group has begun to lay out and incubate the hydrogen energy industry. By now GCL has officially included hydrogen energy in its corporate development strategy. Besides, GCL has made disruptive breakthroughs for mass-production of FBR granular silicon, and will also be able to realize the mass production of perovskite in the near future. All these will be combined to create an integrated ecology, streamlining wind, solar, storage and hydrogen charging, gas, electricity and hydrogen, targeting the goal of “carbon peak” and “carbon neutrality”. At the end of July, GCL officially released its hydrogen energy development strategy of "blue and green hydrogen run parallel", and initiated the establishment of a hydrogen energy fund with China Construction Investment and CCB International. In the future, GCL will take its industrial advantages to the full and will join forces with upstream and downstream allies like Siemens, CSSC Perui Hydrogen, and State Power Investment Corporation. By 2050, GCL schedules to build a capacity of 400,000 tons of green hydrogen production and supply, 3 R&D bases, 6 industrial bases, and 100 integrated energy stations. Also in its pipeline is the plan to build GCL Green Hydrogen Technology Industry Base and the Green Hydrogen Industry Corridor.

 
Zhu Gongshan says that the co-builders of the hydrogen energy ecological chain will achieve a lot and contribute significantly in the practice and realization of the “dual carbon” goal. GCL Group will keep up its cooperation with allies in various fields for possible technology innovations, for the establishment of a hydrogen energy industry chain ecosystem, and towards the healthy and orderly development of the hydrogen energy industry. It’s a shared mission to build a clean world with net zero emissions, and to make the earth a better home for human beings.
 

News link: The List of Top 500 Global New Energy Companies was created by the China Energy Economic Research Institute. It is designed as a public welfare research and evaluation project of energy industry development. It aims to depict the development of the global new energy industry, to explore the global new energy market pattern, and to set benchmarks for global new energy companies for the greater good of the global new energy industry. Its evaluation scope covers companies engaged in solar energy, wind energy, energy storage, tidal energy, ocean energy, hydrogen energy and other new energy forms throughout the world, using the company's operating income in the previous year as the main evaluation indicator.