This investment in the hydrogen energy industry chain will help the company broaden the layout of clean energy business and participate in the trillion hydrogen energy blue ocean.
The fiery hydrogen energy track will welcome a huge investment of 10 billion yuan.
On the evening of February 15, Guangdong No.2 Hydropower Engineering Company Ltd(002060) (002060. SZ) announced that it had signed the strategic cooperation framework agreement with Xingbang technology and Wuhai municipal government, and planned to invest a total of 16.8 billion to 18.8 billion yuan to jointly invest in the hydrogen power industry chain, break through the research and development of "neck" technology in the field of hydrogen energy, and carry out industrialization in the fields of hydrogen fuel cells.
As soon as the news came out, the capital market was boiling. On February 16, Guangdong No.2 Hydropower Engineering Company Ltd(002060) opened with a limit of 5.54 yuan / share.
Last year, Guangdong No.2 Hydropower Engineering Company Ltd(002060) performance increased steadily. The 2021 performance express shows that the company's total revenue is 14.3 billion yuan, an increase of 13.67% over the same period of last year; The net profit attributable to the shareholders of the listed company was 320 million yuan, a year-on-year increase of 21.34%.
"The company's original clean energy business mainly covers hydropower and scenery. This investment in the hydrogen energy industry chain will help the company broaden the layout of clean energy business and participate in the trillion hydrogen energy blue ocean." China Securities Co.Ltd(601066) securities analysis said.
10 billion investment share trillion hydrogen blue ocean
Guangdong No.2 Hydropower Engineering Company Ltd(002060) the hydrogen energy investment plan is called "123 strategy" - one international academician future zero hydrocarbon energy science and innovation center, two carbon neutral hydrogen power industrial parks (including Fengguang green hydrogen production, storage, transportation and processing Industrial Park and hydrogen fuel cell engine and its core components Industrial Park), and three industrial chain clusters around the upstream and downstream of the industry.
This means that this enterprise, which is considered to be the enterprise with the largest installed capacity of clean energy power generation and the most exploitable resources in Guangdong Province, will build a hydrogen power industry chain integrating wind power, photovoltaic, water conservancy and rail transit.
In recent years, Guangdong No.2 Hydropower Engineering Company Ltd(002060) has continued to lay out the field of clean energy. The company frequently receives clean energy orders and reserves more than 6Gw of clean energy power generation resources.
According to the announcement information disclosed by Guangdong No.2 Hydropower Engineering Company Ltd(002060) , in recent three years, the company has signed 15 investment framework agreements on clean energy related projects, with an estimated total investment of 32.33 billion yuan and an estimated total installed capacity of 6.85gw, involving wind power, photovoltaic power generation, agricultural light complementarity, forest light complementarity, source network load storage integration and other types.
By the end of 2021, Guangdong No.2 Hydropower Engineering Company Ltd(002060) has put 28 power stations into operation, with a total installed capacity of 154gw, an annual on grid power of 3.3 billion kWh and an annual power generation revenue of about 1.5 billion yuan.
After joining the hydrogen energy industry chain this time, Guangdong No.2 Hydropower Engineering Company Ltd(002060) said that all partners will jointly introduce central enterprises, local state-owned enterprises, financial institutions and social capital, jointly establish a hydrogen energy green financial service platform, and plan to invest 2 billion yuan to improve the financial service system of the hydrogen energy industry.
In addition, the hydrogen power development plan will closely follow the integration and high standards, and complete the implementation of the overall industrial chain in three years. The project is expected to form 10000 sets of hydrogen fuel cell modules, hydrogen fuel cell heavy trucks and bus sanitation vehicles, and form the hydrogen production and hydrogenation supply service capacity required by 10000 hydrogen fuel cell vehicles.
In fact, since last year, the news of the layout of hydrogen energy by energy enterprises has come frequently.
In June 2021, the wind power giant Xinjiang Goldwind Science And Technology Co.Ltd(002202) announced that it had established a joint venture platform company with Three Gorges new energy and sunshine new energy to enter the field of hydrogen energy, which made the three companies that had been deeply engaged in the fields of wind power, photovoltaic and energy storage form a close relationship between upstream and downstream and build a vertical project integrating wind, solar and energy storage.
Last August, "photovoltaic veterans" Jiangsu Linyang Energy Co.Ltd(601222) announced the establishment of a joint venture to officially enter into hydrogen energy. They signed a strategic joint venture agreement with Shunhua and strive to build the joint venture into an industry-leading advanced and efficient hydrogen production equipment manufacturing enterprise within five years.
It is worth mentioning that the two sides agreed to jointly expand the manufacturing of core equipment for solar hydrogen production in the field of "new energy + hydrogen production" and provide industry-leading solutions for supporting hydrogen production system for new energy power generation.
massive investment in hydrogen production
In this cooperation, Guangdong No.2 Hydropower Engineering Company Ltd(002060) will also be involved in hydrogen production: promote the coupling and large-scale development of photovoltaic wind power plants and electrolytic water hydrogen production, gradually establish a green, safe and efficient hydrogen energy supply system, and build an important green hydrogen production base in China.
In the past 2021, the development of green hydrogen has been recognized by the industry, which has further improved the heat of the hydrogen track.
The white paper on China's hydrogen energy and fuel cell industry predicts that by 2050, hydrogen energy will account for about 10% of China's energy system, the demand for hydrogen will be close to 60 million tons, the annual economic output value will exceed 10 trillion yuan, and there will be more than 10000 hydrogen refueling stations in China, with broad market prospects.
On January 4 this year, the national energy administration, the Ministry of industry and information technology, the Ministry of housing and urban rural development, the Ministry of transport and the Ministry of agriculture and rural areas jointly issued the action plan for innovative development of intelligent photovoltaic industry (2021-2025), which proposed to support the construction of pilot demonstration projects such as intelligent photovoltaic hydrogen production and accelerate the research on the coupling technology between hydrogen production system and photovoltaic.
In the field of green hydrogen, photovoltaic enterprises are ahead.
Since 2021, there are many photovoltaic giants targeting the hydrogen energy industry, Longi Green Energy Technology Co.Ltd(601012) , Jinko Power Technology Co.Ltd(601778) , Sungrow Power Supply Co.Ltd(300274) , GCL new energy and other enterprises have joined the Bureau.
The power of hydrogen is not as fast as that of thunder.
In October last year, it released the offline ceremony of the first alkaline water electrolytic cell. The electrolytic cell adopts high current density design, and the hydrogen preparation capacity of a single electrolytic cell reaches 1000nm3 / h and above. In fact, it is only half a year since Longji newly established hydrogen energy company.
Not long ago, Longi Green Energy Technology Co.Ltd(601012) announced that the hydrogen production equipment of Longji hydrogen energy has initially formed an annual capacity delivery capacity of 500MW by the end of 2021.
This also indicates that the company has taken a key step in mass production in the field of hydrogen energy other than photovoltaic.
Last July, GCL New Energy announced a 10 billion yuan hydrogen energy industry investment fund, which officially released the synchronous development of the company's hydrogen energy strategy "blue hydrogen + Green hydrogen". According to the plan, it plans to build an annual output of 2.3 million tons of synthetic ammonia in the first phase, gradually expand the production scale to 4 million tons per year, supply 700000 tons of blue hydrogen in China, and ensure the green hydrogen with an annual capacity of 400000 tons in the future through the deployment of electrolytic cells and the construction of three innovation bases.
However, although the emergence of policies and investments has added a lot of confidence to the industry, the hydrogen energy industry is still facing many challenges in upstream production, midstream storage and transportation and downstream application. Among them, the high cost of hydrogen production and transportation is the primary challenge facing the popularization of hydrogen energy in China.
It is worth mentioning that recently, the national development and Reform Commission and the National Energy Administration issued the opinions on improving the institutional mechanisms and policies and measures for green and low-carbon energy transformation, which mentioned key words such as the top-level design of new power system and the establishment of hydrogen energy production, supply, storage and marketing system. This means that next, many challenges in the hydrogen energy industry will be refined and solved.
