Mitsubishi Heavy Industries (MHI) has invested in Koloma, a geologic hydrogen startup based in Denver, Colorado.
This strategic move is made through MHI’s American subsidiary and includes partnerships with other major investors such as Breakthrough Energy Ventures and Amazon’s Climate Pledge Fund. Koloma focuses on identifying and commercializing geologic hydrogen, a key player in the emerging hydrogen industry that aims to contribute significantly to global decarbonization.
Koloma utilizes its technology and data-driven approach to explore and appraise resources that will aid in reducing carbon emissions worldwide. The company is at the forefront of geologic hydrogen exploration, providing a new avenue for clean energy. With significant backing, Koloma is poised to enhance the role of geologic hydrogen in the global energy landscape.
MHI Group’s investment in Koloma is part of its broader mission to decarbonize existing infrastructure and foster a hydrogen ecosystem. The company continues to diversify its solutions to help clients achieve net-zero targets by providing alternatives in decarbonization technologies.
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