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China’s State Power Investment Corp (SPIC) has unveiled a groundbreaking investment plan of 42 billion yuan ($5.85 billion) in northeast China. The investment is earmarked for the production of fuel derived from hydrogen generated through wind power, marking a significant leap in the country’s renewable energy landscape.

In a setback for the global green hydrogen landscape, the world’s largest green hydrogen project, Sinopec’s 260MW Kuqa facility in Xinjiang, northwest China, is reportedly operating at less than a third of its installed capacity. This revelation comes as research from BloombergNEF (BNEF) sheds light on various issues, including missing safety features and lower-than-promised efficiencies.

Formula One (F1), the International Automobile Federation (FIA), and the newly rebranded Extreme H series have announced the establishment of a joint hydrogen working group. This strategic move aims to explore and evaluate the potential integration of hydrogen technology into the realm of motorsport, marking a pivotal moment in the evolution of racing technology.