In the latest report《Innovation Outlook: Renewable Methanol》，released by the International Renewable Energy Agency in January 2021, the methanol reforming hydrogen fuel cell passenger bus is listed as a landmark high-tech innovation product in China. 

In 2016, many countries signed the 《Paris Agreement》in New York to make arrangements for addressing global climate change after 2020. In September, the Standing Committee of National People's Congress approved of China's accession to the 《Paris Climate Change Agreement》，then China became one of the 23 parties of the agreement. It demonstrates the responsibility of a major country, and also reflects my country's strong determination in preventing pollution and accelerating the new energy development.

Under the leadership of Dr. Shen, PALCAN Group has been at the front of the industry for 20 years. Each technology and patent is the result of the hard work of PALCAN employees. In the first quarter of 2021, the first methanol reforming hydrogen fuel cell production base of China will soon be completed and put into operation. We believe that with the strong support of the government and the capital, methanol reforming hydrogen fuel cells will definitely make outstanding contributions to China's renewable energy industry.

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The International Renewable Energy Agency (IRENA) is an intergovernmental organization that supports countries in their transition to a sustainable energy future and serves as the principal platform for international co-operation, a center of excellence and a repository of policy, technology, resource and financial knowledge on renewable energy.

The Methanol Institute (MI) is the global trade association for the methanol industry, representing the world’s leading producers, distributors, and technology companies.