Tuesday, April 6, 2021

"World’s biggest solar company joins hydrogen game"

From Bloomberg via The Edge Markets, April 5:

China’s Longi Green Energy Technology Co., the world’s biggest solar company, is entering the hydrogen market, industry publication Solarzoom reported.

Xi’an Longi Hydrogen Technology Co. was registered March 31 in China, according to Solarzoom. Longi’s billionaire founder and president Li Zhenguo is serving as the company’s chairman, and the shareholders are Xi’an Longi Green Energy Venture Capital Management Co. and Shanghai Zhuqueying Private Equity Investment Fund Partnership.

Longi didn’t immediately respond to an emailed request for comment on a public holiday in China. The firm, which manufactures wafers, cells and panels, is the world’s largest solar company by market capitalization, at about $52 billion as of Friday’s close....

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