LONGi and the Green Hydrogen Opportunity Bruce Usher Gernot Wagner
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LONGi solar company, established in 1986, is a leading global solar PV manufacturer and a worldwide leader in silicon wafer, polycrystalline and monocrystalline cell and module (www.longi.com). The company is developing its solar technology for green hydrogen production (Figure 1) using solar PV modules in combination with renewable energy storage systems such as lithium-ion batteries. The solar cells are produced at LONGi’s 3600 MW/a
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LONGi, a Chinese solar panel manufacturer with a market cap of $25 billion and an annual production capacity of 33 GW is a unique case study that can give the reader valuable insights into the green hydrogen industry. LONGi’s green hydrogen initiative is based on a hydrogen economy, where hydrogen is extracted from water via electrolysis, processed, and used to fuel trucks, cars, and airplanes. In essence, the company aims to create a fuel-flexible business model that can compete
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Bruce: Green hydrogen has the potential to be a game-changer for reducing emissions, increasing energy independence, and diversifying the energy mix. In our recent webinar, “Hydrogen in the Energy Mix: An Industry View”, our guest speaker, Gernot Wagner, CEO, LONGi Green Energy, highlighted the company’s strong track record and innovative solutions for producing and deploying green hydrogen. As we delve into the potential of green hydrogen, let’s look at some key players, including LONGi,
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In addition to its leading positions in the solar cells and modules, LONGi’s recent announcement of entering the green hydrogen business is another significant milestone in the company’s history. Hydrogen gas is an essential component in renewable energy storage and has the potential to drive the decarbonization of industry. LONGi has been working on hydrogen technology for years. The company has invested heavily in green hydrogen R&D, which has allowed them to develop technologies that are more efficient, cost-effective, and scalable. LONGi’
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LONGi Solar (HKEX:1825) is a solar-electrolyte products company with the main business of developing and manufacturing high-efficiency solar cells and modules, as well as battery and energy storage products for residential and commercial applications. It offers high-performance crystalline silicon panels, which have been certified by a 500W to 700W power-class rating. This certification was granted by the International Energy Storage Council (IEEC) and the National Electric Utility Association
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Longi Solar has made considerable strides towards transitioning from a primary HPC to a leading solar HPC player in China. The company is pursuing three core strategies to achieve this transition. The first is through a long-term joint venture (JV) with the Korea Hydro and Nuclear Power Co. the original source (KHNP) for a 350-megawatt (MW) PV module factory in Xuzhou, Jiangsu Province. This factory will provide the necessary foundational technology for Longi’s HPC strategy, site