China
Hong Kong's stock market ended higher Friday with the benchmark Hang Seng Index up 1.33 percent to close at 24,825.66 points.
The Hang Seng China Enterprises Index rose 1.51 percent to end at 8,986.47 points, and the Hang Seng Tech Index climbed 1.65 percent to 5,538.83 points.
Hong Kong stocks close higher Friday
China's domestically developed gas turbine Jupiter I, the world's first 30MW-class pure hydrogen gas turbine, has on Sunday achieved pure hydrogen power generation and maintained stable operation in north China's Inner Mongolia Autonomous Region, offering a key solution for renewable energy storage and utilization.
The gas turbine Jupiter I is the world's largest single-unit power pure hydrogen generator, capable of converting hydrogen from storage tanks back into electricity during peak demand periods, according to the Mingyang Group.
It has effectively solved the problem of consuming surplus electricity from new energy sources, and provides an integrated solution that is feasible and scalable for building a new energy system with new energy as the main power source. It has been selected as one of the first batch of national-level hydrogen energy pilot projects in the energy field.
"Compared with a thermal power unit of equivalent capacity, the Jupiter I pure hydrogen gas turbine reduces carbon emissions by more than 200,000 tons annually. In combined-cycle operation, it generates 48,000 kilowatt-hours of electricity per hour, which can meet the daily power needs of 5,500 households," said Wang Yongzhi, general manager of Mingyang Hydrogen Gas Turbine Technology.
The project will effectively mitigate fluctuations in renewable energy output, enhance grid regulation capabilities, provide a replicable model for energy transition practices, and contribute to building a national-level hydrogen energy demonstration zone, according to its operator.
Renewable energy installations in China account for over 50 percent of the nation's total power generation capacity. The country has pledged to peak its carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.
World's first 30MW-class pure hydrogen gas turbine put into operation
