Shandong Hi-Speed Group's Hydrogen Refueling Station Expansion PEM Hydrogen Production Project with 24.31 Million Yuan Investment Made Public

The Weifang Municipal Ecological Environment Bureau has issued an approval announcement regarding the ecological environmental impact report for the PEM hydrogen production source expansion project of the hydrogen energy expressway and zero-carbon service area key technology integration and demonstration Gaomi Service Area hydrogen refueling station comprehensive utilization project, according to a report.

The project, undertaken by Shandong Hi-Speed Company Limited (ASX: 600350), is located in the south zone of the Gaomi Service Area along the Qingdao-Yinchuan Expressway and is classified as a new construction project.

The main construction contents include one set of 100 standard cubic meters per hour PEM (proton exchange membrane) hydrogen production skid, one set of 100 standard cubic meters per hour hydrogen compressor, one canopy, and a hydrogen storage cylinder group with a storage capacity of 4.52 cubic meters, along with supporting facilities.

The project will utilize the existing photovoltaic power generation equipment in the south zone of the Gaomi Service Area to supply power to the PEM electrolyzer, using water as the raw material to produce hydrogen through PEM water electrolysis.

Upon completion, the project will have an annual hydrogen production capacity of 14,000 kilograms.

The total investment of the project is 24.31 million yuan, of which 600,000 yuan is allocated for environmental protection, accounting for approximately 2.47% of the total investment.