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MHI Invests in Electrical Hydrogen, a U.S. Startup, to Speed up Efforts to Produce Clear Hydrogen at Scale

MHI Invests in Electrical Hydrogen, a U.S. Startup, to Speed up Efforts to Produce Clear Hydrogen at Scale

MHI Invests in Electrical Hydrogen, a U.S. Startup, to Speed up Efforts to Produce Clear Hydrogen at Scale

– MHI’s funding will help Electrical Hydrogen’s efforts to develop and distribute fossil-free hydrogen for industrial and infrastructure functions –



TOKYO, Jun 23, 2022 – (JCN Newswire) – Mitsubishi Heavy Industries, Ltd. (MHI) introduced right this moment that it has invested in Electrical Hydrogen (EH2), a clear hydrogen startup headquartered in Natick, Massachusetts, to help its efforts in growing cost-competitive, fossil-free hydrogen. By means of this funding, MHI goals to strengthen and diversify its hydrogen worth chain, advance its vitality transition enterprise, and act on its dedication towards international carbon neutrality objectives. The funding has been executed by Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a consortium of buyers together with Breakthrough Power Ventures, Equinor, Amazon, Honeywell, and Rio Tinto.

“No single firm can present wanted know-how to attain international decarbonization, which is why we acknowledge the significance of investing in and enabling corporations like Electrical Hydrogen to develop new options,” stated Takajiro Ishikawa, President and CEO of MHIA.

EH2’s patented method to electrolysis – the method of manufacturing hydrogen from electrical energy and water – is specifically designed for the high-volume, low-cost manufacturing required to help huge industrial operations, which may considerably enhance the levelized value of hydrogen.

This funding will help the scale-up of EH2’s excessive electrolyzer know-how and its use within the manufacturing, and deployment of pilot tasks to supply fossil-free hydrogen (also called “inexperienced hydrogen”) at massive scale for industrial and infrastructure functions.

Industries not amenable to electrification, resembling metal, fertilizer and intercontinental vitality transport, account for greater than a 3rd of the world’s complete greenhouse fuel emissions, in keeping with EH2. Hydrogen, when produced in locations with plentiful and clear electrical energy, is a promising pathway for decarbonizing these industries.

MHI is working to construct a hydrogen worth chain by its proprietary applied sciences, plus funding and collaboration with corporations resembling EH2.

About Electrical Hydrogen

Electrical Hydrogen (EH2) is a deep decarbonization firm pioneering new know-how for low-cost, high-efficiency, fossil-free hydrogen techniques. Specializing in industrial functions of hydrogen in metal, ammonia and freight transport, EH2’s purpose is to assist remove greater than 30% of world GHG emissions from hard-to-electrify industries. Their management group has revolutionized different clear vitality sectors at Tesla and First Photo voltaic and they’re backed by world-class local weather tech buyers like Breakthrough Power Ventures, Prelude Ventures, Capricorn Funding Group, Power Impression Companions, Fifth Wall Local weather Tech and S2G Ventures. The corporate additionally advantages from partnerships with strategic buyers which are leaders of their goal sectors, together with Amazon Decarbonization Fund, Cosan, Equinor, Honeywell, Mitsubishi Heavy Industries and Rio Tinto.

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is likely one of the world’s main industrial teams, spanning vitality, good infrastructure, industrial equipment, aerospace and protection. MHI Group combines cutting-edge know-how with deep expertise to ship modern, built-in options that assist to understand a carbon impartial world, enhance the standard of life and guarantee a safer world. For extra info, please go to www.mhi.com or observe our insights and tales on spectra.mhi.com.

Copyright ©2022 JCN Newswire. All rights reserved. A division of Japan Company Information Community.

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