ZJK JT and Shell (China) form JV to develop hydrogen value chain
Zhangjiakou City Transport Construction Investment Holding Group Co. Ltd. (ZJK JT) and Shell (China) Limited as the largest and second largest shareholders have formed a joint venture Zhangjiakou City Transport and Shell New Energy Co., Limited in Zhangjiakou, Hebei Province.
Through the new joint venture, the two parties will invest in building a 20 MW renewable power-to-hydrogen electrolyser project and hydrogen refueling stations in Zhangjiakou City, in China, to support the development of hydrogen and clean energy industry in the city and theBeijing-Tianjin-Hebei region.
Zhangjiakou City is only 180 kilometres from the city center of Beijing and has a superior geographical location at the junction of Beijing, Hebei, Shanxi and Inner Mongolia. Zhangjiakou City is rich in renewable energy resources such as wind and solar energies and has been identified as China’s first and only Renewable Energy Demonstration Zone since 2015. As the co-host city of the 2022 Winter Olympic Games, Zhangjiakou City is tasked to provide “green energy” and “green transportation” for this event, and hydrogen has become the strategic development direction in Zhangjiakou’s new energy industry.
Guo Ying, vice mayor of Zhangjiakou, Sun Jiannan, president of ZJK JT, Zhang Xinsheng, executive chairman of Shell Companies in China attended the signing ceremony on November 13, 2020.
“ZJK JT’s main responsibilities are investing, developing, constructing and operating Zhangjiakou City’s transportation infrastructure projects, as well as building and investing in 2022 Winter Olympics transportation infrastructure projects in the city. We welcome Shell to bring their expertise in hydrogen, which will help Zhangjiakou’s green energy development and energy transition. I look forward to the win-win cooperation and mutual development with Shell,“ said Sun.
The city of Zhangjiakou is planning to use renewable power for the Olympic stadiums and to deploy 1,000 buses and trucks to serve this international sports event.
“Hydrogen plays an important role in energy transition. Zhangjiakou City has established a rather complete policy guarantee system for hydrogen development, and the rich renewable energy resources here can provide the electricity needed for zero-carbon hydrogen production, supplying clean energy safely in the Beijing-Tianjin-Hebei region. We are excited to work with the local government and our business partners to develop an integrated hydrogen value chain covering hydrogen production, storage, transportation, refueling and applications, supporting Zhangjiakou’s application as a Hydrogen Fuel Cell Vehicle Demonstration City. This is the first commercial project for Shell Hydrogen in China. We are proud to be supporting projects like this, which align with China’s 2060 carbon-neutral ambition and the vision of building a Beautiful China,” said Zhang.