China Electrolyzer Review Issue No.3

April 2025

China Electrolyzer Review

Issue No.3

April 2025

Electrolyzer is a pivotal equipment for renewable hydrogen production and energy transition. Currently, China is dominating global electrolyzer sector in term of capacity building and output. Although the dominance primarily stands out for alkaline electrolyzers right now, China is also ramping up innovation of other categories of electrolyzers. As such, tracking China’s electrolyzer sector is important for global stakeholders, including competitors, developers, as well as essential parts suppliers.

Currently, “China Electrolyzer Review” focuses on the most important issue-price. It collects tendering result of electrolysis systems for major green hydrogen projects in China. Through these bidding results, readers could have a good understanding of competitiveness of major Chinese electrolyzer manufacturers and the prevailing price of their electrolysis systems. Paid subscribers have access to full contents.

Features of Issue No. 3

· Three tendering results were released in March 2025 all of which are for ALK electrolysis systems

· This issue covers all the available tendering results for electrolysis systems in China domestic market from January 2023 to March 2025;

· Includes information of developers, winners of bidding, capacity, and unit price.

Notes:

1. The information presented here is based solely on publicly available data released by tender documents;

2. Only commercial scale procurements are counted. For projects using ALK electrolyzer, it should be ≥5MW, for projects using PEM electrolyzer, it should be ≥1MW;

3. All the prices are denominated in RMB and converted into EUR and USD at the average exchange rate of the month when the documents were released;

4. All prices include BOP unless stated otherwise;