China’s Longi Green Energy Technology to Join Hydrogen Market, Solarzoom Says

China’s Longi Green Energy Technology to Join Hydrogen Market, Solarzoom Says

A solar power plant co-owned by Longi Green Energy Technology Co. and China Three Gorges Corp. in Tongchuan, Shaanxi Province, China, July 20.

Photographer: Qilai Shen/Bloomberg

China’s Longi Inexperienced Electrical power Technological innovation Co., the world’s major solar company, is coming into the hydrogen industry, market publication Solarzoom documented.

Xi’an Longi Hydrogen Engineering Co. was registered March 31 in China, in accordance to Solarzoom. Longi’s billionaire founder and president Li Zhenguo is serving as the company’s chairman, and the shareholders are Xi’an Longi Environmentally friendly Electrical power Enterprise Money Administration Co. and Shanghai Zhuqueying Personal Fairness Investment decision Fund Partnership.

Examine dynamic updates of the earth’s vital facts factors

Examine extra about Li and other eco-friendly billionaires.

Longi did not answer to emailed requests for comment. The agency, which manufactures wafers, cells and panels, is the world’s major photo voltaic corporation by market place capitalization, at about $52 billion as of Friday’s close. Shares rose as a great deal as 4.9% on Tuesday early morning in Asia.