Sunya Get smarter about energy transition
  • Home
  • Industry News
  • Newsletter
  • Podcast
  • Contact Us
Sunya
Industry News
October 15, 2024

Mitsubishi Heavy Industries Invests in Koloma, a US-Based Geologic Hydrogen Exploration Startup

Newsfeed

Mitsubishi Heavy Industries Invests in Koloma, a US-Based Geologic Hydrogen Exploration Startup

2024-10-15

・ Koloma aims to leverage its unique technology to explore for and harness clean hydrogen from natural underground reservoirs
・ MHI regards the building of a hydrogen solution ecosystem as one of its core strategies and aims to accelerate innovation in the hydrogen field through investments

Tokyo, October 15, 2024 – Mitsubishi Heavy Industries, Ltd. (MHI) announced that it has invested in Koloma, a startup company headquartered in Denver, Colorado. The investment has been executed through Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a syndicate of investors, including Breakthrough Energy Ventures, Amazon’s Climate Pledge Fund, United Airline’s Sustainable Flight Fund and Energy Impact Partners.

Koloma is a geologic hydrogen company that leverages its technology, proprietary data, and human capital advantages to identify and commercialize geologic hydrogen on a global scale. Koloma is actively engaged in exploration and appraisal of assets that will play a significant role in global decarbonization efforts. As the rapidly emerging geologic hydrogen industry takes shape, Koloma’s data-driven approach helps power the discovery of geologic hydrogen resources around the world.

“Building a hydrogen solution ecosystem is one of the core strategies in the energy transition business for MHI,” said Takajiro Ishikawa, President and CEO of MHIA. “In MHI’s role as a value chain solutions provider, we are aiming to accelerate the hydrogen economy by both offering cutting-edge technologies and enabling breakthrough innovations in the hydrogen space through investments into startups.”

“We are excited to welcome Mitsubishi Heavy Industries to the Koloma family,” said Pete Johnson, CEO of Koloma. “Partnerships with industrial leaders like MHI will maximize the positive impact geologic hydrogen can have as a new clean primary energy source. We look forward to collaborating and innovating together to drive progress in this field and in the broader energy transition.”

MHI Group is collaborating with and investing in partners to develop innovative technologies that will help to decarbonize existing infrastructures and help build a hydrogen ecosystem to contribute towards achieving a decarbonized society. The Company will continue to enhance and diversify its solutions portfolio to provide customers with alternative decarbonization technologies to achieve their net zero goals.

TAGS: #industrynews
PREVIOUS ARTICLES
Home > Industry News
October 15, 2024

Diagram ClimateTech Fund Announces Final Close at $80M, Reaching Hard Cap

NEXT ARTICLES
Home > Industry News
October 15, 2024

DOE Approves Conceptual Safety Design Report for Oklo’s Aurora Fuel Fabrication Facility

Comments are closed.
Related Post
June 3, 2025
Venture Global Launches Site Work at CP2
April 30, 2024
Southern Power’s South Cheyenne Solar Facility in
September 24, 2024
Masdar to Acquire Saeta from Brookfield for
July 31, 2025
Aris Water Announces Seven-Year Extension of Water

Recent Posts

  • Cardinal Midstream Partners Announces Significant Expansion of Delaware Basin Footprint
  • CleanArc Data Centers Adds 300MW to Planned Capacity for Virginia Hyperscale Campus
  • Energy Impact Partners Closes Latest Flagship Fund at Pivotal Moment for the Energy Sector
  • Manulife Investment Management’s Infrastructure Fund III Reaches US $5.5 billion in an Oversubscribed Close
  • Prometheus Hyperscale, Spiritus, and Casper Carbon Capture Announce Strategic Partnership to Build Carbon-Negative Data Halls and Energy Infrastructure in Wyoming

Archives

  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023

Categories

  • Industry News
  • Newsletter
  • Podcast
Scroll To Top
© Copyright 2024 Sunya Technologies Inc.