LONGi Hydrogen's Strategic Partnership for Green Hydrogen Expansion
Key Ideas
  • LONGi Hydrogen and HydrogenPro ASA have signed an Investment Agreement and Cooperation Agreement to collaborate on expanding green hydrogen technology in Europe.
  • The partnership involves a significant investment of approximately NOK 140 million from LONGi Hydrogen to support HydrogenPro's growth.
  • Leaders from both companies express enthusiasm for the collaboration, highlighting the potential for global green hydrogen project development and synergy in engineering and customer service.
  • LONGi Hydrogen aims to strengthen its presence in the international green hydrogen market by leveraging the expertise of partners like ANDRITZ and Mitsubishi Heavy Industries.
LONGi Hydrogen has formed a strategic partnership with HydrogenPro ASA, a renowned player in green hydrogen technology, through an Investment Agreement. The collaboration includes an investment of around NOK 140 million from LONGi Hydrogen to support HydrogenPro's initiatives. Additionally, the two companies have signed a Cooperation Agreement to work together on expanding manufacturing, engineering, and servicing of electrolyzers to boost the European green hydrogen market. Leaders from both companies, including Zhang Haimeng and Ma Jun, have shown excitement about the partnership. They highlighted the potential for joint development of green hydrogen projects globally and the opportunity to combine their strengths effectively. The collaboration is seen as a significant step in LONGi Hydrogen's international growth strategy, aiming to enhance its global partner network and harness green hydrogen technologies' potential. The partnership also involves joining forces with industry leaders like ANDRITZ and Mitsubishi Heavy Industries, emphasizing LONGi Hydrogen's commitment to value creation through collaboration. The company aims to leverage its extensive project experience and expertise to explore synergies in various aspects like engineering, supply chain, and customer service with HydrogenPro. LONGi Hydrogen's strategic focus lies in expanding its presence in the international green hydrogen sector by collaborating with key players to drive the adoption of sustainable hydrogen technologies. This move aligns with the growing demand for green hydrogen solutions in Europe and beyond. As a subsidiary of LONGi, Xi'an LONGi Hydrogen Technology Co., Ltd., is dedicated to leading the global market in large-scale green hydrogen solutions through advanced alkaline water electrolysis systems.
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