€7.6 Billion Green Hydrogen Agreement Signals Shift to Clean Energy
Recently, Longi Green Energy Technology Co., Ltd. signed a €7.6 billion green hydrogen agreement with the Nigerian Federal Government and APPL Hydrogen Limited (AHL). This groundbreaking project is set in the free trade zone of Ataburikon in Akwa Ibom State, Nigeria, strategically located near major industrial hubs.
The initiative will leverage Longi’s N-type TOPCon photovoltaic modules alongside advanced alkaline electrolysis technology. The aim is to create an integrated production chain for "photovoltaic hydrogen and chemical conversion." Upon completion, the project is expected to generate 1.2 million tons of green hydrogen derivatives annually, converting them into green methanol for export. This will significantly reduce carbon dioxide emissions by over 5 million tons each year.
Idara Ekpo, Chief Vision Officer of APPL Hydrogen, highlighted the project’s closed-loop water treatment system, which can save 60% of water compared to traditional fossil fuel production methods. The project will also include the establishment of a 200 MW solar power station and a hydrogen production system to maximize renewable energy utilization.
Longi’s President, Li Zhenguo, emphasized the company's commitment to hydrogen and ammonia technology, integrating solar energy with storage solutions to broaden off-grid applications and lower green hydrogen costs over the next 25 years.
This agreement marks a significant step for Nigeria in its transition from fossil fuels to clean energy, adhering to global best practices for energy transformation. It also reflects the growing trend of Chinese companies securing hydrogen projects abroad, contributing to a sustainable future.
2026-10-17
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Three Major Indian Chemical Investments Target China's PC Exports
-
LG Chem Enters Semiconductor Stripper Market for the First Time, Cutting Process Time by 50%
-
New Ocean Freight GRI Takes Effect on Asia, Middle East and Africa Routes to U.S. and Canada
-
Global Chemical Giants Light the Fuse: A TDI/MDI Price Storm Sweeps Asia and Europe—Who’s Fueling This “Cost Carnival”?
-
Chemicals Take the Hit as China's Markets Thin Out — Wanhua, Juhua Chemical Slide Over 2%
-
Wanhua Shuts 1.1 Million-Tonne Yantai MDI Unit for 45-Day Maintenance
-
Lianolong Bets Big on Electronic Adhesives with $50M Strategic Stake in Sidofu
-
Sichuan Unveils Revised List of 14 Qualified Chemical Parks in Major Industrial Realignment
-
Antidumping Pressure Hits the Chemical Chain as Chinese Exports Face Higher Barriers in Europe
-
A $25 Billion Bill Hits Global Companies as Chemical Costs Are Repriced
Recommend Reading
-
USDA Puts Fresh Money Into Local Food Markets
-
China Suspends Sulfuric Acid Exports, Global Copper and Fertilizer Supply Under Strain
-
Middle East Conflict Pushes Up Oil Prices as More Than 100 Chemical Raw Materials Rise in Concentration
-
Redwall Raises Prices by as Much as 80%, Songwon Launches Global Increases, and Chemical Companies Are Collectively Passing On Costs
-
China’s Chemical Time Bomb Just Got a Legal Fuse: The New Law That Could Save Thousands of Lives
-
Business Society Epoxy Chloropropane Daily Review: August 5, 2026—Tending to a Neutral-to-Bearish Consolidation
-
Polyester Bottle Flakes Soared This Week, Then Fell Back from High Levels
-
August Isooctanol Market Prices Consolidate at High Levels
-
Polyethylene Rides High, Price Fluctuations Limited
-
This Week China Titanium Dioxide Market Prices Decreased (8.3-8.7)