The Taizhou Bay Green Energy Gas Island project is launched in Linhai. [Photo/taizhou.com.cn]

Agreements for two Hydrogen energy-related projects were signed in Linhai, a county-level city in Taizhou, Zhejiang province, on Oct 22.

To date, Linhai has attracted five hydrogen energy-related projects, totaling 2.61 billion yuan ($367.01 million) in investment, with three projects already underway.

In recent years, Linhai has been committed to developing the hydrogen energy industry, working to create a complete industrial chain covering hydrogen production, storage, transportation, and utilization.

Linhai's confidence stems from three key factors.

1. Abundant hydrogen production resources: Linhai boasts vast tidal flat photovoltaic areas and offshore wind farms, generating surplus green electricity that can be used for hydrogen production through water electrolysis.

2. Significant market potential: Linhai accounts for 63.5 percent of Taizhou's annual hydrogen demand, primarily driven by industries like pharmaceuticals and chemicals, with further growth anticipated with the development of the Taizhou Bay New Materials Industrial Park.

3. Strategic geographical advantages: Linhai's Toumen Port features multiple docks and ample production space near the port, facilitating convenient logistics and transportation and positioning it to become a hub for hydrogen-related activities.

The development of the hydrogen energy industry in Linhai is further bolstered by the presence of industry leaders like Zhejiang Haichang Gas Co. It is spearheading innovative projects such as the Taizhou Bay Green Energy Gas Island project, which is set to produce green hydrogen, green methanol, and other sustainable energy products.

Efforts are underway to expand hydrogen energy applications in Linhai, with plans to introduce hydrogen-powered sightseeing vehicles in tourist areas, tapping into the burgeoning hydrogen energy market, according to Lu Yuanjie, director of the Linhai Investment Promotion Center.