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Chinese oil giant Sinopec sets up $690m hydrogen-focused venture capital fund: reports

The fund will reportedly target early-stage investments and new tech with ‘high growth potential’

Hydrogen storage tanks at Sinopec's 260MW Kuqa green hydrogen project, the world's largest, in Xinjiang, China.
Hydrogen storage tanks at Sinopec's 260MW Kuqa green hydrogen project, the world's largest, in Xinjiang, China.Photo: Sinopec
Editor, Hydrogen Insight
Published 29 May 2025, 12:32Updated 29 May 2025, 12:32