China Moves to Rein In Its Booming Hydrogen Industry

China is eager to avoid overcapacity in yet another clean energy sector as it looks to curb excess hydrogen production amid overheated investments in projects. Over the past years, China, the world’s top solar equipment manufacturer, has grappled with overcapacity and price wars in the solar sector amid booming installations and solar equipment exports. Battery manufacturing has also come under increased government scrutiny amid signs of overcapacity. Now the country leading the global clean energy rollout is looking to avoid a repeat of…