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LONGi takes aim at green hydrogen market with new business unit


LONGi takes aim at green hydrogen market with new business unit
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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 ....

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06Apr2021 Pre-Market Commentary: Wall Street Stock Futures Down This Morning, DOW Down 40 Points, Nasdaq Up 0.1%, WTI Crude Higher At 59.79, Bitcoin Lower At 58900


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 tc ....

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The World's Top Solar Firm Joins Hydrogen Frenzy


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