The demonstration strategy is expected to reduce carbon dioxide emissions by 485,000 tons per year.
LONGi Hydrogen, a startup that is only a year old, has won the largest green hydrogen project in the world for the supply of renewable H2 at scale.
The deal is for the supply of ALK electrolysis equipment at a world leading scale.
The Sinopec Green Hydrogen Demonstration Project will require the company to supply ALK electrolysis equipment at the largest scale in the world. This is a first ever for China, where 10,000 tons of renewable H2 has been produced so far.
The total investment into this China energy deal will be as high as $442,021,500 (RMB 3 billion) for the construction of a new 300 MW photovoltaic power plant as well as an electrolytic water hydrogen production plant for the generation of 618 million kWh of renewable electricity and 20,000 tons of renewable H2 per year.