International Hydrogen Energy Valley
The International Hydrogen Energy Valley, with an initial planned area of 1.55 square kilometers, is located in the China (Shanghai) Pilot Free Trade Zone's Lingang Special Area, and specifically within the Sino-Japanese (Shanghai) Local Development Cooperation Demonstration Zone. Leveraging the policy advantages of the area, the valley seizes the opportunities for the development of a "hydrogen energy society," accelerating the implementation of major projects.
Currently, it has attracted over ten enterprises along the hydrogen energy industry chain, including Hynovation, Legend New Energy, Hyproof, Kingston and CICH2 to form an initial industry aggregation.
The goal of the valley is to surpass a 20-billion-yuan ($2.82 billion) scale in the hydrogen fuel cell industry by 2025, essentially covering the entire industry chain of core components for hydrogen fuel cell vehicles and hydrogen energy equipment. It aims to become a new engine and growth pole for Shanghai as a world-class fuel cell vehicle innovation center and industrial highland, supporting the Lingang Special Area in establishing a pioneering and testing zone for hydrogen energy development, a comprehensive demonstration area, and an industrial leadership zone in Shanghai and beyond.
Source: Shanghai Municipal Commission of Economy and Informatization
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