FAP, April 15 (FAP)-in the first quarter of this year, domestic green hydrogen projects were released centrally, and a total of 11 green hydrogen projects were signed or started. Among them, the production capacity of green hydrogen is more than 1 million tons / year, and the total investment of the project is nearly 50 billion yuan. On April 10, Longji Green Energy announced that it would increase its holding subsidiary Longji hydrogen Energy by 460 million yuan through its wholly-owned subsidiary Xi'an Longji Green Energy Investment Co., Ltd. In addition, Sinopec is also actively laying out the hydrogen energy industry. Industry insiders pointed out that the use of photovoltaic, wind power and other green electricity, can reduce costs. In addition, new technologies, new materials and new processes can be used to reduce the cost of hydrogen production equipment from electrolytic water, which is also a dynamic development process. From the equipment side, there is room for more than 30% cost reduction in the next 3 to 5 years. (Securities Daily)