Xian Longi Hydrogen Technology Co. was registered March 31 in China, according to Solarzoom. Longis billionaire founder and president Li Zhenguo is serving as the companys chairman, and the shareholders are Xian Longi Green Energy Venture Capital Management Co. and Shanghai Zhuqueying Private Equity Investment Fund Partnership.
LONGi takes aim at green hydrogen market with new business unit Email
LONGi founder and president Li Zhenguo has been listed as the new entity’s chairman. Image: LONGi Green Energy.
LONGi Green Energy has confirmed the creation of a new business unit centred around the world’s nascent green hydrogen market.
Li Zhenguo, founder and president at LONGi, is listed as chairman at the business unit, dubbed Xi’an LONGi Hydrogen Technology Co, however there has yet to be any confirmation as to what end of the green hydrogen market the business unit will serve.
In a statement issued by the company via WeChat, Yunfei Bai, director of industrial research at LONGi, said that continued cost reductions of generating solar power had presented the opportunity to reduce electrolysis costs in turn. Combining the two technologies can “continuously expand” the scale of green hydrogen production and “accelerate the realisation of carbon reduction and decarbonisation go
One day after the DOW and SP 500 surged to closing records, markets will take a breather (SPY -0.2%). Home price growth reaches 15-year highand Credit Suisse takes $4.7 billion hit.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Iraq Moves To Exploit Its Massive Natural Gas Reserves Official estimates are that Iraqs proven reserves of conventional natural gas amount to at least 3.5 trillion cubic meters (tcm), or about 1.5 percent of the worlds total, placing Iraq 13th among global reserve-holders, with around three-quarters of this figure comprising associated gas that is found in the same reservoirs as oil. The International Energy Agency, though, estimates that ultimately recoverable resources will be considerably larger, at 8.0 tcm, of which around 30
Solar Panel Giant Looks to Hydrogen to Solve Sector s Daily Feast-Famine Cycle caixinglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from caixinglobal.com Daily Mail and Mail on Sunday newspapers.
3 hours Copper Prices Jump After Leading Producer Chile Closes Its Borders 4 hours Record High COVID Cases Could Stall India’s Oil Imports 6 hours Lawsuits Pour In After Texas Freeze Pushes Bills Sky-High 7 hours Tesla Stuns With Record Q1 Delivery Numbers 8 hours Suez Canal Traffic Jam Clears 3 days U.S. Govt. Says Federal Land Drilling Program Is “Broken” 3 days Mozambique Says Total’s LNG Project Is Safe From Militants 3 days U.S. And Iran Set To Hold Indirect Talks On Nuclear Deal 3 days India Set To Review ‘Unfair’ Oil Import Contracts With Saudi Arabia 3 days EVs, Smart Appliances Pose Cybersecurity Risks