Chapter 491: Hydrogen production by electrolysis of water

On the French side, President Sakzi, known as the "little Napoleon", immediately expressed his intention to cooperate with the Northern California Solar Energy Company.

We hope to build a solar power plant together.

The French government has pledged a financing loan of 35 billion euros, which requires a 70 percent stake in a solar power plant built in France.

After back and forth, the French government reduced the financing to 20 billion euros, with a 45 percent stake in the solar plant.

For the shortfall, several European banks are responsible for providing loans, and they get 15 percent of the shares.

This was followed by Germany, the United Kingdom and other European countries, which also sent business representatives to Northern California companies to negotiate the construction of solar power plants.

Order after order, flying to Northern California Solar Energy.

In less than a year, they have received hundreds of commercial orders, and the total construction scale is expected to reach thousands of square kilometers.

Northern California's use of independent power generation to supply electricity to the grid has also allowed the power departments of those countries to not make too many voices of discontent.

Although the amount of electricity generated by solar power plants is still insignificant in the entire world electricity supply system.

However, solar energy has entered people's lives and gradually replaced petroleum energy, which has become an unstoppable trend.

In the future, solar energy is the main source of human energy power, which is the consensus of all mankind.

Whether you admit it or not, the oil industry is entering the ranks of sunset industries.

Newspapers, magazines, the Internet, and television media are full of solar power plants built by Northern California companies in Qiongzhou, and photos and videos can be seen everywhere.

Even if you don't want to read it, the front page of a newspaper, the cover of a magazine, the front page of a website, and the TV news are all relevant reports.

The bombardment is indiscriminate, and you can't hide from it.

More solar energy than ever before.

At the beginning of the century, solar energy was just a concept.

The practical technology of solar energy was suppressed by oil and energy tycoons at that time, and it was only when people first became aware of it.

But at that time, the feasibility of solar power plants was still on paper, and ordinary people had never seen real guys at all.

Some experts have also published in the media questioning the authenticity of solar energy, suspecting that it is a hype by energy companies.

Eight years later, all skeptics have shut up and admitted that the solar era is proving with indisputable facts that it has entered the lives of ordinary people, and it is an inevitable trend!

In fact, the total size of the solar power plant built by the Northern California company in Qiongzhou is less than 30 square kilometers.

Not to mention that solar energy can only supply power during the day, even if an energy storage station is built, it can supply power 24 hours a day, and it is difficult to ensure the power demand of the entire Qiongzhou Province by relying on solar power stations alone.

But solar energy is so exciting!

The sun shines overhead, and people don't need to spend a penny to enjoy completely pollution-free clean energy.

Moreover, the life span of the sun is billions of years, which is almost equivalent to a permanently free energy supply for human beings!

How can this not be a joy!

They selectively ignore the fact that conventional energy is now the main force of electricity supply, and dedicate all kinds of praise to solar energy.

For Northern California Solar Energy Company, people have given it "hope for the 21st century", such a high evaluation.

Europe is congenitally short of energy resources, and its fossil energy reserves are relatively low.

As a result, Europe is highly dependent on energy imports, especially oil, natural gas and coal, which basically need to be imported from Mauritius.

So their thirst for energy is beyond imagination.

Northern California has signed hundreds of agreements of intent around the world, and one country after another, has reached an interest in building solar farms there.

With the conditions of the other party providing the site and capital to invest in the shares, all the major industrial countries in Europe have been included in the beneficiary groups of solar energy.

Although it is only an agreement of intent, the funds have not yet been secured, and the power station is far from being officially put into construction.

It can be seen that European countries that have the hope of getting rid of the shackles of energy have begun to actively promote solar energy on their own initiative.

It's like a pair of frames that will enter the solar century tomorrow.

A round of publicity in Europe by Northern California companies has reached their intended plan.

There are no longer any doubts about the future of solar energy.

The most obvious manifestation is that the price of oil, which has always been strong, has fallen sharply.

Stocks of oil and energy companies can no longer be favored.

On the contrary, the stocks of those companies that have deployed new energy sources have begun to rise sharply.

In the face of public expectations, even if the oil energy companies try to belittle the effectiveness of solar energy, the high cost of investment, etc., they will not be able to reverse their decline.

After all, many people have endured this oil price for a long time.

During this trip to Europe, the Northern California company also successfully obtained the funds needed for the "distributed photovoltaic power generation" plan.

Chen Weidong and Lin Zeju, the European financial companies secretly controlled, entered the board of directors of the Northern California company in a dignified manner by raising funds and buying shares.

To outsiders, they only became board members of the company because they moved quickly and helped the company when it needed it most.

Everyone knows that Northern California has seized the opportunity of solar energy supply with the only practical and large-scale solar power plant at present.

Its future development will be limitless!

For those European financial institutions that have invested in shares by providing financing, other banks and financial institutions are all hot.

They also put forward a request for financing and shares, and took the initiative to hold the funds, hoping that the Northern California company would laugh at it.

However, the Northern California company put on a posture of temporarily abundant funds, and seemed to regret the attitude of prematurely agreeing to the financing and shareholding of those financial institutions.

He politely declined the request of other European banks and financial institutions to take shares.

Indeed, the existing funds of the Northern California company are fully sufficient for the construction of the power station in the next few years.

Chen Weidong and the few European financial institutions secretly controlled by Chen Weidong raised a total of 7 billion euros from the Northern California company on two occasions, which is 52.5 billion yuan according to the ratio of 1:7.5 between the euro and the renminbi.

Coupled with the 40 billion yuan financing provided by Party Z, the existing funds have reached nearly 100 billion yuan.

This does not include the more than 30 billion euros that France has subsequently provided.

These funds are enough for them to build a solar power station of 400 square kilometers, which is a little more.

At least for a few years, there will be no need to worry about money anymore.

Moreover, as long as they want to, there will be endless business, and solar energy to replace oil is bound to be a long-term construction project.

A giant multinational corporation of the future has quietly taken shape.

By allowing Party Z to own the company's shares, the Northern California company has successfully built Huaxia into an unbreakable base for solar energy.

Originally, Qiongzhou was quite complaining about the excessive land occupied by Northern California companies, believing that there should be more profits from developing and utilizing it.

However, at the end of the first business quarter, the Northern California company generously paid a large amount of taxes to the local tax department in proportion, which immediately made the Qiongzhou side overjoyed.

The land department immediately said that the state has always spared no effort to support pollution-free enterprises.

In the future, if the Northern California company expands its scale, if it still needs land, the land department will strictly implement the national policy and fully support the emerging industry!

Government and enterprise coordination, each has its own benefits.

Due to the heavy rain in Qiongzhou, the salt mixed in the rainwater falls on the solar panels, which is easy to pollute the lenses.

As a result, the Northern California company hired more than a thousand workers locally to clean the lenses at night and maintain the high-definition transparency of the lenses.

As the distributed photovoltaic power generation program advances, the number of workers they recruit is also increasing.

When the second phase of the solar panel installation totaling 100 square kilometers is completed, the installation and maintenance personnel recruited by the Northern California company across the country have reached more than 6,000.

All of them are given priority to hiring locals.

The per capita monthly salary is 6,500 yuan, which is much higher than the local per capita wage level.

To this end, the Northern California company and Huaxia have become increasingly close, laying a solid foundation for the future development of their company.

After the completion of the second phase of the project, the Northern California Company built a seaside hydrogen production plant and a composite storage tank plant on the beach in Lingshui County.

Every day, a large amount of electricity is supplied to the hydrogen production plant for the production of hydrogen by electrolysis of seawater.

Water electrolysis to hydrogen production is a very mature technology.

At the modern level of hydrogen production, the energy conversion rate of electrolysis of water into hydrogen is between 60% and 80%.

The only problem is that the process of producing hydrogen from water electrolysis requires a lot of electricity.

This time, at the invitation of the Northern California company, researchers from Infinity came to the Northern California company to provide technical support for their hydrogen production plant.

Responsible for the construction of a high-quality hydrogen production plant.

The energy conversion rate of the completed hydrogen production plant has reached the level of 86 percent.

Considering that there are more impurities in seawater than in freshwater, this extraction rate is already quite high, and it has fully reached the international leading level.

All the liquid hydrogen produced is filled into hydrogen storage tanks and is not exported.