Hydrogen Revenue Jumps for World's Biggest Maker of Shipping Containers
- CIMC unveils new electrolyzer it says can operate at low power
- Green hydrogen seen vital to decarbonizing heavy industry
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The world’s biggest manufacturer of shipping containers sees a surge in revenues from its hydrogen business, in a sign the clean fuel is starting to gain commercial traction.
China International Marine Containers Group Co. makes electrolyzers that can produce hydrogen, as well as storage containers for the gas. It generated about 1 billion yuan ($139 million) of sales from those activities last year, according to the company’s Vice President Li Yinhui.