LONGi Hydrogen has signed an Investment Agreement with HydrogenPro ASA (HydrogenPro), a leader in green hydrogen technology and systems. LONGi Hydrogen, together with HydrogenPro’s shareholders ANDRITZ AG and Mitsubishi Heavy Industries, Ltd, will invest approx. NOK 140 million in HydrogenPro.
In parallel, both parties have signed a Cooperation Agreement, entering into a partnership to collaborate on scaling up manufacturing, engineering and service of electrolyzers for the European green hydrogen market.
Zhang Haimeng, Vice President & Chief Sustainability Officer of LONGi Green Energy, Board Director of LONGi Hydrogen, commented, “We are pleased to formalize this strategic partnership with HydrogenPro, establishing a global collaboration to unlock the development of green hydrogen projects worldwide. We admire HydrogenPro’s achievements in international markets and recognize its successful delivery of large-scale green hydrogen projects. Through this collaboration, we intend to leverage our complementary strengths to provide compelling value for our customers. We believe in partnership and collaboration, and we feel privileged to join industry leaders Andritz and Mitsubishi Heavy Industries in this round of investment.”
Ma Jun, President of LONGi Hydrogen, stated, “This partnership represents a significant milestone in LONGi Hydrogen’s international growth and an important step in advancing our global partners network. With our expertise in safe, reliable products and technologies, demonstrated in over 500 MW of global project experience, we look forward to synergies in engineering, supply chain and customer service with HydrogenPro. We are confident that this collaboration will create new business opportunities, unlock industry potential, and advance the industrialization of green hydrogen technologies.”
