China s hydrogen industry sees remarkable growth, surpassing national targets for green hydrogen production and solidifying its position as a global leader in the electrolyzer market.
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At the end of last year, 40 companies were searching for natural hydrogen deposits, up from just 10 in 2020. At present, exploratory efforts are underway in Australia, the US, Spain, France, Albania, Colombia, South Korea and Canada, Rystad Energy noted in its earlier research.