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The Zhundong Economic and Technological Development Zone in Xinjiang has seen the arrival of a major green hydrogen project. On October 20, the first public notice regarding the environmental impact assessment for the new energy power generation and hydrogen production project of Zhongcai (Xinjiang Zhundong Economic and Technological Development Zone) New Energy Co., Ltd. was released. The project is located in the Southern Industrial Park of Wucaiwan, Jundong Economic and Technological Development Zone in Xinjiang, where a new plant for producing hydrogen through water electrolysis is planned to be built, with an annual production capacity of 200,000 tons of green hydrogen. To achieve this goal, the project will purchase 660 sets of pure water electrolysis hydrogen production equipment, along with auxiliary facilities such as dormitories and office buildings. The total investment in the project amounts to 3 billion yuan, with 80% funded by the company itself and 20% through bank loans.
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