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Scientist Invent New Way To Convert Ammonia Into Hydrogen

Why Hong Kong s richest man Li Ka-shing is shifting his money into green investments

April 07, 2021 Li Ka-shing is focusing on hydrogen fuel as a low-carbon energy source. Reuters Hong Kong’s wealthiest man , Li Ka-shing, once the majority shareholder of a Canadian oil company, has been steering his investments towards climate change and sustainability. His particular focus of late has been the development of environmentally friendly hydrogen-electric engines. Through its private investment arm, Li’s Horizons Ventures led a US$23 million (S$31 million) round of Series B financing in Houston-based Syzygy Plasmonics, a start-up that has developed a hydrogen fuel-cell technology that produces cheap energy with low carbon emissions. Other investors include Norway’s state controlled Equinor Ventures.

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