Hong Kong stocks track concepts | Microsoft to use hydrogen fuel cells for the first time to power European data centers, computing power supply core companies attract attention (attached concept stocks)

Microsoft announced that it has reached an agreement with ESB, and the power control and management building of ESB's data center in Dublin will be powered by zero-emission green hydrogen energy. This milestone pilot project will be the first to use hydrogen fuel cells to power Microsoft's data center in Europe, providing up to 250KW of clean power to the Microsoft Dublin campus in just eight weeks. ESB's zero-emission hydrogen fuel cells will convert stored green hydrogen into electrical energy, with the only byproduct being pure water. Hydrogen fuel cells are designed to replace diesel generators, producing no carbon emissions and no harmful local air pollutants such as particulate matter, sulfur dioxide, and nitrogen oxides, which can have significant impacts on health and the environment. With the global energy market transitioning to cleaner and lower-carbon sources, there has been significant growth in green hydrogen projects under construction or planned in various regions worldwide. Caitong stated that the green hydrogen segment has high growth potential and ample space, with large-scale green hydrogen projects at home and abroad benefiting significantly. They recommend closely monitoring the upstream hydrogen production segment, with a focus on core equipment such as electrolyzers, and suggest tracking electrolyzer bidding and order landing situations. Related fuel cell industry stocks in Hong Kong: Weichai Power (02338): Weichai Power stated on its investor interaction platform on January 6 that its large-bore engines have been widely used in the data center field. In recent years, the company has vigorously developed the high-end market for data centers domestically and internationally, making positive progress and supporting steady growth in business unit prices and profitability. In the future, the company will seize the growing demand for data centers globally, leveraging product performance and delivery advantages to drive breakthroughs in sales of data center-related products.