Shenergy Group

OPmobility, Shenergy Group and CRRC MRT Holding Group signed a memorandum of understanding to collaborate on developing high-end hydrogen storage systems for the rail market.

OPmobility, through its PO-Rein 1 joint venture, won a contract from CRRC MRT Holding Group to supply 76 type 4 high-pressure hydrogen storage systems for hydrogen-powered trams in Kuching, Malaysia. Delivery and service are expected from the end of 2024.

PO-Rein, a 50/50 joint venture between Plastic Omnium and Zhejiang Rein, has started construction of a 28,000-square-meter mega-plant in Shanghai's Jiading Hydrogen Park. The factory will produce up to 60,000 hydrogen pressure vessels per year for the Chinese commercial vehicle market, with operations expected to begin in 2026.

Plastic Omnium and Shenergy Group are forming a 50/50 joint venture in Shanghai to produce high-pressure hydrogen tanks for commercial vehicles. A pilot line is planned for 2025, with mass production of up to 60,000 tanks annually starting in 2026.

Plastic Omnium and Shenergy Group subsidiary Rein announced a 50/50 joint venture based in Shanghai to manufacture Type III and IV high-pressure hydrogen storage systems for commercial vehicles in China. A pilot line is planned by 2025 and a mega-plant with 60,000-vessel annual capacity by 2026.