The Investment Agreement for the 180,000-ton-per-year green methanol production project in Ganyu, Lianyungang was officially signed

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On November 21, LONGi Green Energy Technology Co., Ltd. (hereinafter referred to as “LONGi Green Energy”), Zhongsheng Technology (Jiangsu) Group Co., Ltd. (hereinafter referred to as “Zhongsheng Technology”), Lianyungang Port Holding Group Co., Ltd. (hereinafter referred to as “Port Group”) and Ganyu District of Lianyungang City officially signed the \"Investment Agreement for the 180,000-ton-per-year green methanol production project in Ganyu, Lianyungang.\" The joint signing of the investment agreement by representatives from all parties marks the official commencement of implementation for this benchmark project, which combines ecological benefits with industrial value. It is understood that this project utilizes pure oxygen pressurized fluidized bed biomass gasification technology, which was jointly developed through investment by Zhongsheng Technology and Longi Green Energy among others. This technology was successfully tested on a pilot scale in June 2025: the operating pressure exceeds 1.0 MPa, the daily processing capacity is over 100 tons, the tar content is nearly zero, the continuous stable operation time is more than 168 hours, and the carbon conversion rate ranges from 95% to 98%. Tests were conducted using more than a dozen different types of raw materials, and the technology’s adaptability to various biomass materials as well as its conversion efficiency are at advanced levels both domestically and internationally, making it suitable for industrial application. The project is jointly invested and constructed by LONGi Green Energy, Zhongsheng Technology, and Lianyungang Port Group, with investment shares of 51%, 34%, and 15% respectively. Covering an area of about 430 mu, it is planned to have a production line capable of manufacturing 180,000 tons of green methanol per year, with completion and operation expected by July 2027. Leveraging the industrial foundation of the Lingang Chemical Industry Park in Ganyu District as well as its advantages in port logistics, this project aims to create an industrial chain system that integrates green energy production, storage, transportation, and refueling, thereby becoming a leading demonstration park for green methanol in China.