Beijing Economic-Technological Development Area (Beijing E-Town) has recently released a series of measures to promote the high-quality development of the hydrogen energy industry.

From supporting enterprises in applying for major projects to landing major projects in the area and demonstrating the application of fuel cell vehicles, Beijing E-Town has introduced 18 measures, with the most significant one to be the offer of 30 million yuan ($4.15 million) in funding. These measures are aimed at enhancing the core competitiveness of the hydrogen energy industry in the area.

Driving hydrogen energy technology breakthroughs through innovation

Hydrogen energy, as a clean, low-carbon, and diverse green energy source, is hailed as the "ultimate energy source of the 21st century" and has become one of the directions for the future industrial layout of Beijing E-Town.

Addressing the key bottlenecks in the field of hydrogen energy, the measures are designed to incentivize and support enterprises in independent innovation.

Beijing E-Town will support enterprises through major project funding, rewards for the establishment of new R&D institutions, incentives for R&D investment growth, industry exchange activity funding, and support for the construction of incubators.

In particular, Beijing E-Town encourages enterprises to apply for major national and local projects for significant strategic tasks in the field of hydrogen energy, generating technological achievements with core competitive advantages. For projects involving major science and technology and industrial projects that align with the development direction of Beijing E-Town, a maximum 1:1 funding support will be provided, with each project receiving a maximum support amount of 20 million yuan.

Accelerating industrial agglomeration through support

Beijing E-Town will support the landing of major projects. For significant hydrogen energy industry projects that have commenced construction in the past three years and have an annual total fixed asset investment of 10 million yuan or more, financial support will be provided at a rate of 1 percent of the fixed asset investment amount excluding land acquisition costs, with a maximum cumulative support amount of up to 30 million yuan per project.

For enterprises, E-Town also offers practical support and services in various aspects, such as rent subsidies, R&D incentives, landing incentives, and talent security.

Driving the promotion of demonstration applications with multiple scenarios

This year, Beijing E-Town has achieved significant results in the commissioning of the Toyota fuel cell project, the launch of the world's first hydrogen internal combustion engine bulk power generation project, and the signing of agreements to introduce More Hydrogen. Beijing E-Town will further promote infrastructure construction, demonstration application promotion, and the integration of diverse scenarios.

The area supports the integration of fuel cell vehicles and the construction of high-level autonomous driving demonstration zones, supporting the expansion of hydrogen applications in the transportation sector.

Furthermore, enterprises are encouraged to carry out demonstration applications of distributed energy, such as photovoltaic power generation + hydrogen energy storage, cogeneration, and backup power, or regional comprehensive demonstration applications to create "hydrogen parks" and "zero-carbon area". Hydrogen demonstration application projects recognized by E-Town can receive up to 5 million yuan support funding.

E-Town will further focus on nurturing and expanding the hydrogen energy industry, contributing to the capital building an innovative hub for the industry.