The article provides a comprehensive review of recent developments in the hydrogen energy industry. It begins with a detailed Policy Review section, highlighting domestic policies in China aimed at promoting renewable energy and accelerating the development of hydrogen infrastructure. International policies from the EU, Germany, and the US are also discussed, showcasing a global commitment to clean energy transition. Various Chinese cities, such as Chayouzhongqi, Guangzhou, Liupanshui, and Huzhou, have released administrative measures to support the hydrogen energy industry, including financial incentives and subsidy programs. These initiatives aim to boost hydrogen production, refueling station construction, and overall industry growth. The article further delves into Corporate Dynamics, showcasing a surge in project signings and technological cooperation within the industry. Large projects like ChinaCoal (Linxi) Bioenergy Co., Ltd. demonstrate a growing interest in hydrogen technologies. Overall, the article paints a positive picture of the hydrogen industry's growth, both locally and globally, with governments, cities, and companies actively investing in the sector to drive a sustainable energy future.