At the recently held China (Shanxi) Green Industry Investment Cooperation and Exchange Conference, a total of 23 key cooperation projects were signed on site, with a total investment of 19.471 billion yuan.

A total of 23 projects were signed this time, with a total investment of 19.471 billion yuan. Among them, the People's Government of Xiyang County and China Railway 15th Bureau Group signed an agreement on the "Green Electricity Conversion Hydrogen +N" Green Synthetic Ammonia and Green Methanol Project (Phase I). It is understood that the project is expected to have a total investment of 10 billion yuan, which will fully revitalize the suspended chemical enterprises and build a wind, photovoltaic, power-green hydrogen-green alcohol-green ammonia green chemical industry chain with an annual output value of more than 2.5 billion yuan and provide more than 1000 jobs., achieve a good harvest of social and economic benefits. Currently, this project (Phase I) is actively advancing.

"The signing of this project is a focus of enterprise transformation and upgrading. We plan to invest 2.5 billion yuan in the first phase. It is expected that the project will be approved this year and put into production next year." Jia Huigang, investor of the "Green Electricity Conversion Hydrogen +N" Green Synthetic Ammonia and Green Methanol Project (Phase I) and deputy general manager of China Railway 15th Bureau Group Co., Ltd., said that the business environment and geographical location of Xiyang County are very suitable for the company's industry. The layout and development itself, and the local government's support for the project is also very high. We hope that Shanxi will have more similar projects implemented and provide strong support and assistance to such industries. Source: Polaris Hydrogen Energy Network