Mitsubishi Heavy Industries (MHI) has invested in Colorado-based geological hydrogen exploration company Koloma.
The company’s American subsidiary, Mitsubishi Heavy Industries America (MHA), executed the investment, joining the likes of Amazon’s Climate Pledge Fund, Breakthrough Energy Ventures, and United Airlines.
Koloma is actively engaged in exploration and is evaluating potential assets in the US.
Pete Johnson, CEO of Koloma, said that partnerships, such as the one with MHI, will help to maximise the impact of geological hydrogen as a clean primary energy source.
