China's largest integrated PV-hydrogen-storage project begins power generation

China's largest integrated photovoltaic(PV)-hydrogen-storage project located in Jiangsu Province was connected to the grid and begun power generation from Tuesday, said state-owned energy firm CHN Energy Friday.

Located on the coastal tidal flats of the Yudong Reclamation Area in Rudong County, it is China's first integrated offshore facility combining PV power generation, hydrogen production and refueling, and energy storage, all within a framework of comprehensive energy utilization and coastal ecological restoration.

The 400-megawatt project, spanning 4,300 mu (around 286.67 hectares), incorporates a newly constructed 220 kV onshore booster station, a 60 MW/120 MWh energy storage facility, and a hydrogen production and refueling station with a capacity of 1,500 cubic meters per hour and 500 kilograms per day, respectively.

Part of China's third batch of Desert, Gobi and Rocky Areas Mega Wind and Solar Base Projects, the Rudong facility is expected to generate around 468 million kilowatt-hours of electricity annually.

The project is expected to deliver significant environmental benefits, including an annual reduction of approximately 309,400 tons of carbon dioxide emissions, 562.6 tons of sulfur dioxide emissions, and 1,125.3 tons of nitrogen dioxide emissions.

The U.S. dollar weakened in late trading on Thursday.

The dollar index, which measures the greenback against six major peers, lost 0.1 percent to 102.138 at 15:00 (1900 GMT).

In late New York trading, the euro added to 1.1209 dollars from 1.1199 dollars in the previous session, and the British pound was up to 1.3225 dollars from 1.3219 dollars in the previous session.

The U.S. dollar bought 157.86 Japanese yen, lower than 157.96 Japanese yen of the previous session. The U.S. dollar lost to 0.8316 Swiss francs from 0.8330 Swiss francs, and it decreased to 1.4224 Canadian dollars from 1.4256 Canadian dollars. The U.S. dollar declined to 9.9757 Swedish kronor from 9.9992 Swedish kronor.