Mitsubishi Heavy Industries: Invested in Infinium, USA: an Electrofuels Solution Provider
Houston
January 28, 2021
Mitsubishi Heavy Industries:
On January 27, it announced its investment in Infinium, USA.
Infinium of the United States has “innovative technology to generate clean fuel from CO2 and renewable energy”,
Mitsubishi Heavy Industries paid attention as “a technology that can meet the demand for CO2 emission reduction in the transportation sector.”
Infinium:
It has an innovative technology to produce clean liquid fuel Electrofuels by synthesizing CO2 with green hydrogen produced by water electrolysis technology.
Electrofuels:
By using renewable energy as a power source, it enables CO2 emissions and carbon neutrality.
Used as a clean liquid fuel:
If Infiniium’s electrofuel is used as a clean liquid fuel for aircraft, ships, trucks, etc., CO2 emissions can be reduced.
-JETRO
https://www.jetro.go.jp/biznews/2021/01/87ef6e66dd977aaa.html
MHI Invests in Infinium, an Electrofuels Solution Provider, to Accelerate Efforts to Decarbonize the Transportation Sector
Tokyo, January 27, 2021 –
Mitsubishi Heavy Industries, Ltd. (MHI)
announced today that it has completed a capital investment in Infinium, an electrofuels solution provider.
The investment has been executed through Mitsubishi Heavy Industries America, Inc.
Additional investors include
Amazon’s Climate Pledge Fund,
AP Ventures,
Neuman & Esser Investments, and
the Grantham Foundation
Infinium’s proprietary technology
enables the production of ElectrofuelsTM, a clean fuel allowing organizations to meet carbon reduction goals faster while accelerating the transition away from fossil fuels.
Converting carbon dioxide and renewable power into net-zero carbon fuels,
ElectrofuelsTM
can be used in today’s air, maritime, and surface transportation fleets.
MHI Group
is committed to strengthening and diversifying its CO2 capture and utilization business – this investment in Infinium helps ensure the energy transition’s success toward carbon neutrality on a global scale.
MHI joins a consortium of investors
including Amazon’s Climate Pledge Fund, AP Ventures, Neuman & Esser Investments, and the Grantham Foundation.
Mitsubishi Heavy Industries, Ltd. Global Website |