Mitsubishi Heavy Industries, Ltd. (MHI) has announced a strategic investment in Koloma, a Denver-based geological hydrogen startup. This investment, made through Mitsubishi Heavy Industries America, Inc. (MHIA), places MHI alongside prominent partners such as Breakthrough Energy Ventures, Amazon Climate Pledge Fund, United Airlines’ Sustainable Flight Fund, and Energy Impact Partners.
Koloma specializes in unlocking the potential of geologic hydrogen, leveraging proprietary technology and data-driven strategies to explore hydrogen assets globally. The company’s approach aims to facilitate decarbonization and drive the growth of the emerging geologic hydrogen market.
Pete Johnson, CEO of Koloma, welcomed the partnership with enthusiasm. “MHI’s expertise and leadership will accelerate the role of geologic hydrogen as a clean new energy source,” he said. “We’re excited to innovate together to advance the broader energy transition.”
This investment highlights MHI’s commitment to reducing emissions and advancing its net-zero goals. By collaborating with Koloma, MHI reinforces its focus on hydrogen as a pivotal element of clean energy. The partnership also reflects MHI’s strategy to work with diverse partners and develop cutting-edge technologies to combat climate change.
“MHI’s collaboration with Koloma marks a significant step in our efforts to explore hydrogen’s potential as a transformative energy source,” an MHI spokesperson noted. “Together, we aim to push the boundaries of innovation and accelerate the energy transition.”
As MHI continues to expand its solutions portfolio, the partnership with Koloma underscores the company’s vision of a cleaner, more sustainable future. With hydrogen at the core of this transition, MHI is not only investing in technology but also in the future of global energy.
This collaboration is a testament to the power of innovation and partnership in driving progress toward a net-zero world, where hydrogen fuels a brighter, cleaner energy landscape.
