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State Power Investment Corporation invests in hydrogen battery enterprises

State Power Investment Corporation invests in hydrogen battery enterprises

Paradox Energy Systems – European provider of EMS, BMS, PCS remote monitoring, thermal runaway detection, and intelligent O&M for solar storage and data center power.

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SPIC Group Overview

Headquartered in Beijing, State Power Investment Corporation (SPIC) was established in May 2015. Formed by the reorganization of China Electric Power Investment Corporation and the State Nuclear Power Technology Co., Ltd., it is a state-owned backbone enterprise directly managed by the central government, which has a major responsibility to ensure national energy security.

Jan 13, 2026
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Ten billion hydrogen energy project successfully settled in Nanhai

Relying on the South China Hydrogen Energy Industry Base of State Power Investment Corporation, the hydrogen energy company will lead the independent innovation of

Oct 01, 2025
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State-Owned Enterprises'' Responses to China''s Carbon

Giants including Sinopec, State Power Investment Corporation, China Energy, and Huaneng Group have issued a total of 11.1 billion RMB of green bonds mainly allocated to clean energy such as hydro and wind power projects as of March 2021. In December 2021, China Power Investment Corporation (SPIC) and China Life Asset Management jointly an 8 billion

Mar 15, 2026
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State Power Investment Corporation and Templewater sign

State Power Investment Corporation and Templewater sign Strategic Cooperation Agreement for Green Hydrogen in the Greater Bay Area

Sep 03, 2025
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Rio Tinto to trial battery swap technology for electric trucks in

Rio Tinto to partner with China''s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at a giant copper mine in Mongolia. “By partnering with the State Power Investment Corporation, Battery swap technology could also outmanoeuvre hydrogen-fuelled technologies in these hard-to-abate

Dec 21, 2025
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Ten billion hydrogen energy project successfully

On January 11, 2022, the Nanhai District Government of Foshan City and State Power Investment Group Hydrogen Energy Technology Development Co., Ltd. held a signing ceremony for the cooperation agreement of the State Power

Sep 12, 2025
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SPIC Ningbo Green Power''s 1000th fuel cell produced

Hydrogen energy is an important component of the future energy system and a crucial carrier for achieving green and low-carbon energy transformation. On December 26, the

Aug 11, 2025
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Rio Tinto and China''s State Power Investment Corporation

ULAANBAATAR, Mongolia, November 05, 2024--Rio Tinto will partner with China''s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu

Jan 25, 2026
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CCIEE and State Power Investment Corporation Hold a Hydrogen

CCIEE and State Power Investment Corporation Hold a Hydrogen Energy Forum. Time:2020-12-04 source:CCIEE; On the afternoon of November 25th, Zhang Xiaoqiang, Executive Vice-Chairman of CCIEE and CEO of the CCIEE Executive Board, met with Wu Aihong, Assistant General Manager of the State Power Investment Corporation(SPIC) and

Jul 06, 2026
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China''s SPIC Invests $147 Million in Brazil Wind Farms,

Wind turbines and solar panels are seen at a wind and solar power plant by State Power Investment Corporation (SPIC) in Zhangjiakou, Hebei province, China October 29, 2018. China''s SPIC Invests $147 Million in Brazil Wind Farms, Launches Solar Parks The Chinese giant''s projects in the country also involve studies into the production of

Sep 02, 2025
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Rio Tinto and China''s State Power Investment Corporation

Chairman of State Power Investment Group Capital Holding Co., Ltd Han Zhiwei said: “Through our collaboration with Rio Tinto, we are bringing leading green transportation innovations to the

Feb 06, 2026
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Company Profile|STATE FUEL CELL TECHNOLOGY CORPORATION (SFCC)-STATE

The company pays attention to and invests in the ecological chain of the hydrogen fuel cell industry, and has invested in CLP Hydrogen Maple, Guoke Hydrogen Energy, China Electric Power Investment, Asia Pacific Hydrogen Energy Research Institute and other related enterprises to improve the ecological layout of hydrogen energy and new energy fuel cell vehicle industries.

Dec 29, 2025
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Hydrogen Advancements in China''s Central State-Owned Enterprises

China''s Central State-Owned Enterprises (SOEs) like China Energy Engineering Corporation (CEEC), China National Petroleum Corporation (CNPC), China Baowu Steel Group and State Power Investment

Sep 24, 2025
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SPIC Unleashes $5.85 Billion Investment in Hydrogen Fuel

China''s State Power Investment Corp (SPIC) has unveiled a groundbreaking investment plan of 42 billion yuan ($5.85 billion) in northeast China. The investment is

Jan 04, 2026
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State Power Investment Corporation and

It was the successor of China Power Investment Corporation after it was merged with the State Nuclear Power Technology Corporation in 2015. SPIC has been actively deploying the hydrogen energy industry in recent years, taking

Jun 06, 2026
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SPIC Invests $5.85bn in Wind-Powered Hydrogen Project

China''s State Power Investment Corp (SPIC) has announced a major $5.85 billion investment in northeast China to create fuel from wind-powered hydrogen. SPIC''s plan, outlined in a local government statement on Qiqihaer city''s official WeChat platform, includes a 3.5-gigawatt wind power facility, a hydrogen plant producing 164,000 metric tons annually, and

Jun 26, 2026
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SPIC Ningbo Green Power''s 1000th fuel cell produced

It is reported that State Power Investment Corporation began to expand its presence in the field of hydrogen batteries in 2016, and has successively established the Ningbo Green Power Fuel Cell Co., Ltd., the Ningbo Qingyuan Energy Materials Co., Ltd., and the Ningbo Green Power Hydrogen Technology Research Institute.

Sep 01, 2025
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State companies ramp up efforts in hydrogen power for green goals

More than one-third of centrally administered State-owned enterprises have geared up to tap China''s hydrogen power development to cut emissions and achieve sustainable development, a government official said. State-owned China National Petroleum Corp has also set up a research institute on hydrogen power in May, and planned 50 hydrogen

Jun 06, 2026
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China''s SPIC Hydrogen Energy Bags Record USD647.5 Million

(Yicai Global) Dec. 9 -- State Power Investment Corporation Hydrogen Energy has secured CNY4.5 billion (USD647.5 million) in its most recent funding round, the largest amount ever raised in a single fundraiser in China''s hydrogen energy sector, the hydrogen energy arm of the Chinese electricity generation giant SPIC said.

Mar 20, 2026
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China''s SPIC plans $5.9 billion investment turning

China''s State Power Investment Corp announced a 42 billion yuan ($5.85 billion) investment plan in northeast China to produce fuel from hydrogen produced from wind power, according to...

Nov 08, 2025
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State Power Investment Corporation New Energy Battery Project

State Power Investment Corporation New Energy Battery Project TASHKENT, May 21, 2024 — The World Bank Group, Abu Dhabi Future Energy Company PJSC (Masdar), and the Government of Uzbekistan have signed a financial package to fund a 250-megawatt (MW) solar photovoltaic plant with a 63-MW battery energy storage system (BESS).The project aims to expand clean

May 09, 2026
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Rio Tinto and China''s State Power Investment Corporation

Rio Tinto will partner with China''s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia. Battery swapping technology allows a battery electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static

Sep 10, 2025
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China''s SPIC plans $5.9 bln investment turning green hydrogen

SINGAPORE, Dec 11 (Reuters) - China''s State Power Investment Corp announced a 42 billion yuan ($5.85 billion) investment plan in northeast China to produce fuel from hydrogen

May 19, 2026
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State Power Investment Corp to invest $5.85

The company intends to produce H2 using wind power installed in northeast China. State Power Investment Corp (SPIC) of China has announced that it will make a $5.85 billion (42 billion yuan) investment into green hydrogen produced using wind energy installed in northeast China.

May 30, 2026
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Summary of hydrogen energy projects in the first quarter of 2023

According to incomplete statistics, a total of 14 hydrogen energy projects have been signed or started in China, involving State Power Investment Corporation, China Energy Construction, China Shipbuilding, etc. enterprises. Alxa Energy''s 600,000-kilowatt wind-solar hydrogen production integration project signed

Nov 08, 2025
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Power giant hits gas with NEV hydro technology

State Power Investment Corp vowed to step up investment in hydrogen-powered new energy vehicles to further promote the large-scale application of fuel cell passenger

Jun 24, 2026
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State power investment has invested 10 billion to build a hydrogen

Financial Associated Press, January 12 (Xinhua) Nanhai District People''s Government of Foshan City and state power investment group Hydrogen Energy Technology Development Co., Ltd. held the signing ceremony of the project cooperation agreement of state power investment South China hydrogen energy industry base, with a total planned investment

Nov 15, 2025
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Contributing to Hainan''s clean energy strategy, the completion of

On April 16, 2021, the opening ceremony of the Boao Yinfeng Hydrogen Refueling Station built by the State Power Investment Group Co., Ltd. (hereinafter referred to as "State Power Investment") was held in Boao Town, Qionghai City, Hainan Province.

Jul 14, 2025
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State companies ramp up efforts in hydrogen power for green goals

State Power Investment Corp Ltd is among the SOEs that have carried out research and development on hydrogen production from renewable energy sources, as well as the whole industry chain business

May 15, 2026
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State Power Investment Corporation builds hydrogen energy

Among them, the SPIC Yellow River Basin Hydrogen Energy Industry Base Project is invested and constructed by SPIC Hydrogen Energy Technology Development Co.,

Dec 02, 2025
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SIEMENS and State Power Investment Corporation Limited

Siemens AG and State Power Investment Corporation Limited (SPIC) signed a comprehensive Strategic Partnership Framework Agreement (SPFA). Both companies will also collaborate in high-technology product demonstration e.g. in the field of digitalization of power plants or in hydrogen utilization projects and smart energy management for a

Apr 22, 2026
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Hydrogen energy industry layout of 16 central

State Power Investment Corporation: Accelerating the landing of the hydrogen energy industry. State Power Investment Corporation is one of the five major power generation groups in China. It is the only comprehensive

Oct 10, 2025
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Yolanda Zhang of State Power Investment Corporation on

January 22, 2025 – Talk Your Book: Moneyball Meets Private Equity. January 14, 2025 – CNBC Worldwide Exchange: Derek Yan on Palantir''s Future. January 13, 2025 – KraneShares To Extend Outcome Period For Buffer Strategies KPRO & KBUF On Strong China Internet Sector Momentum. December 31, 2024 – KraneShares Announces Reverse Split and

Feb 02, 2026
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China''s SPIC Hydrogen Energy Bags Record USD647.5 Million

(Yicai Global) Dec. 9 -- State Power Investment Corporation Hydrogen Energy has secured CNY4.5 billion (USD647.5 million) in its most recent funding round, the largest amount ever

May 27, 2026
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State Power Investment Corp to invest $5.85

State Power Investment Corp (SPIC) of China has announced that it will make a $5.85 billion (42 billion yuan) investment into green hydrogen produced using wind energy

May 24, 2026
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State Power Investment Corporation

In 2015 China Power Investment Corporation (also known as CPI Group) and State Nuclear Power Technology Corporation (abb. SNPTC) merged. Before the deal, they were both directly owned by and majority controlled by the State-owned Assets Supervision and Administration Commission of the State Council respectively. China Power Investment Corporation was the

Jul 26, 2025
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SPIC Unleashes $5.85 Billion Investment in Hydrogen Fuel

China''s State Power Investment Corp (SPIC) has unveiled a groundbreaking investment plan of 42 billion yuan ($5.85 billion) in northeast China. The investment is earmarked for the production of fuel derived from hydrogen generated through wind power, marking a significant leap in the country''s renewable energy landscape.

Nov 25, 2025
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China Power ramps up efforts on hydrogen applications

China Power International Development, known as China Power, and a core subsidiary of China''s energy giant State Power Investment Corp, is stepping up efforts on hydrogen applications.

Apr 15, 2026
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EXCLUSIVE | The ten biggest deals of 2022

3) Nebraska-based Monolith, a turquoise hydrogen developer, raised $300m in July 2022 from BlackRock, one of the world''s biggest investments companies, together with Singapore''s sovereign wealth fund Temasek, US investment company TPG Rise, and Mitsubishi and Azimuth, among others. Monolith is considered the current market leader in turquoise

Dec 20, 2025

5 Frequently Asked Questions about “State Power Investment Corporation invests in hydrogen battery enterprises”

Who is state power investment group Hydrogen Energy Technology Development Co?

State Power Investment Group Hydrogen Energy Technology Development Co., Ltd. was registered and established in May 2017. It is located in the State Power Investment Group Innovation Base in the South District of Future Science City, Changping District, Beijing.

What is a+ round of financing of state power investment hydrogen energy company?

On December 29, 2021, the signing ceremony for the A+ round of financing of State Power Investment Hydrogen Energy Company was held in Beijing. The A+ round of capital increase project of State Power Investment Hydrogen Energy Company introduced a total of 16 powerful strategic investors and raised 1.08 billion yuan. .

What is National Hydrogen Technology?

It is a hydrogen energy industry technology enterprise approved by the State Power Investment Corporation. On March 9, 2022, the abbreviation of State Power Investment Group Hydrogen Energy Technology Development Co., Ltd. was officially changed to "National Hydrogen Technology".

How has SPIC hydrogen power boosted its market valuation?

The new financing has boosted SPIC Hydrogen Power's market valuation to CNY13 billion (USD1.9 billion), it said. The company now has 35 shareholders, the biggest one being State Power Investment with a 35 percent stake. The firm is also preparing for an initial public offering, Chairman Li Lianrong said at the financing ceremony.

How much will SPIC hydrogen energy make by 2024?

SPIC Hydrogen Energy, which makes hydrogen production gear, fuel cell catalysts, carbon paper and other core parts, plans to build seven new production lines by 2024 with an output value of CNY2 billion (USD287.7 million), and to achieve more than CNY5 billion in revenue by 2025, it said earlier.

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