Good Energy 2.0

Envisioning the world’s first ammonia-powered vessel

Amogy and MHI discuss how the business grew from creating an ammonia-powered drone to potentially revolutionizing maritime technology.

How a zinc-based solution is changing the energy storage landscape

Renewable energy is intermittent. Learn how energy startup e-Zinc and MHI are partnering to deploy long-duration energy storage solutions.

How green hydrogen demand is creating an appetite for scale

Learn from leaders at Electric Hydrogen and MHI how the requirements for decarbonization are creating a market for the 100-megawatt scale.

How one millimeter flake of catalyst could change the world

Learn how Syzygy Plasmonics founders are using photo catalysts to develop scalable solutions critical to global decarbonization.

The path to net zero from the heart of the corn belt

Find out how Monolith is leveraging methane pyrolysis to reduce carbon emissions for hydrogen and carbon black production.

Mitsubishi Heavy Industries (MHI) Group is accelerating the energy transition through innovative technologies, deep expertise, and collaboration with strategic partners.

No single company can achieve net zero on its own – it’s a team effort. That’s why MHI Group invests and collaborates with startup companies developing decarbonization solutions. MHI Group brings proven technologies, infrastructure, and resources, while our startup partners bring groundbreaking ideas, new technologies, and the flexibility to adapt to a changing landscape.

Read on to learn about the startups MHI Group is investing in and collaborating with to solve the biggest challenges of the energy transition and accelerate the journey toward net zero.

Advanced Ionics has created a green hydrogen platform that allows industrial hydrogen producers and users to achieve sustainability without sacrificing profit. The company's Symbiotic™ Electrolyzer Technology leverages process and waste heat to produce green hydrogen for less than a dollar per kilogram.

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Amogy offers ammonia-based, emission-free, high energy-density power solutions to decarbonize transportation for a sustainable future. To date, Amogy’s scalable ammonia-powered, zero-emissions energy system has been demonstrated with success in a drone, heavy-duty tractor, and semi truck.

Learn more >>

C-Zero has developed a process for producing low-cost, zero-emission “turquoise” hydrogen from natural gas. The company’s technology can be used to decarbonize a wide array of industries including electrical generation, process heating, and commodity hydrogen production.

Learn more >>

Cemvita is on a mission to reimagine the heavy industries such as oil & gas and mining for the net-zero economy. This is done through the sustainable extraction of natural resources, carbon negative production of chemicals, and closed-loop renewal of waste as feedstock.

Learn more >>

Electric Hydrogen (EH2) manufactures, delivers and commissions the world’s most powerful electrolyzers for critical industries to produce the lowest cost green hydrogen. Electric Hydrogen exists to help critical industries advance their climate objectives by making green hydrogen an economic inevitability.

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e-Zinc's unique zinc-based long-duration energy storage technology is enabling a reliable transition away from fossil fuel powered energy sources and providing the platform for the world’s energy markets to be fully powered by renewable energy. By utilizing zinc as the base metal in its technology, e-Zinc delivers a product that not only holds energy for multiple days, but can safely and reliably perform in the world’s harshest environments.

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Fervo Energy provides 24/7 carbon-free energy through the development of next-generation geothermal power. Geothermal has a major role to play in the future electric grid, and Fervo’s key advancements in drilling and subsurface analytics bring a full suite of modern technology to make geothermal cost competitive and globally scalable.

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Infinium is an electrofuels provider on a mission to decarbonize the world. Infinium electrofuels can be dropped into existing trucks, planes, and ships, significantly reducing harmful carbon dioxide emissions compared to fossil-based fuels. Infinium electrofuels are also a lower carbon alternative for chemical processing, including plastics production.

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Monolith is a next‐generation hydrogen and materials company that has developed proprietary technology to convert conventional, renewable or responsibly-sourced natural gas into carbon black and hydrogen in a more environmentally sound manner.

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Starfire Energy has patented ammonia production and ammonia cracking technologies that they are integrating into mass-produced modular equipment. These will enable affordable renewable ammonia production at many scales, combustion of ammonia+hydrogen blends, and hydrogen delivery from ammonia.

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Syzygy Plasmonics builds reactors that use light instead of combustion to electrify chemical manufacturing and power a cleaner, safer world. Utilizing technology licensed from Rice University and advanced engineering, Syzygy is commercializing a universal photocatalytic reactor platform. When powered with renewable electricity, this tunable technology is designed to reduce both cost and emissions from many different chemical reactions.

Learn more >>

MHI Invests in e-Zinc to Advance Long-duration Energy Storage in Zinc Metal

JUNE 27, 2024

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MHI Invests in Fervo Energy, a US-Based Enhanced Geothermal System Startup

FEBRUARY 29, 2024

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Infinium and Amogy Team Up to Spearhead Green Ammonia and eFuels Solutions

JANUARY 23, 2024

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MHI Invests in Syzygy Plasmonics to Advance Hydrogen Production and CO2 Utilization

OCTOBER 10, 2023

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MHI Invests in Advanced Ionics, a U.S. Startup, to Enhance and Diversify the Hydrogen Value Chain

AUGUST 17, 2023

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Amogy Increases Series B Round to $150M

JUNE 5, 2023

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Starfire Energy Raises $24 Million Series B Funding for Modular Carbon-Free Ammonia Fuel Technology

NOVEMBER 2, 2022

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Monolith Raises More Than $300 Million in Latest Funding Round Led by TPG Rise Climate, Decarbonization Partners

JULY 14, 2022

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MHI Invests in Electric Hydrogen, a U.S. Startup, to Accelerate Efforts to Produce Clean Hydrogen at Scale

JUNE 23, 2022

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C-Zero Closes $34 Million Financing Round Led by SK Gas to Build Natural Gas Decarbonization Pilot

JUNE 16, 2022

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MHI Signs Memorandum of Understanding with Infinium to Accelerate Decarbonization Solutions in Japan

APRIL 22, 2022

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MHI Invests in Cemvita Factory, Inc., a Leading Industrial Biotechnology Startup, to Accelerate Decarbonization Efforts

OCTOBER 28, 2021

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Electrofuels Innovator Infinium Announces $69M in New Funding to Accelerate Production of Groundbreaking Ultra-Low Carbon Fuels for the Transportation Industry

OCTOBER 27, 2021

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MHI Invests in Starfire Energy, a Modular Green Ammonia Solution Provider, to Accelerate Efforts to Energy Transition

APRIL 9, 2021

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MHI Invests in C-Zero, a U.S. Hard Tech Startup, to Accelerate Efforts to Produce Clean Hydrogen from Natural Gas

FEBRUARY 10, 2021

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MHI Invests in Infinium, an Electrofuels Solution Provider, to Accelerate Efforts to Decarbonize the Transportation Sector

JANUARY 27, 2021

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MHI Invests in Monolith Materials, a Leader in Innovative Technology for Reducing Environmental Impact

NOVEMBER 30, 2020

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Good Energy

A conversation that explores Mitsubishi Heavy Industries' partnerships with innovative energy startups

Envisioning the world’s first ammonia-powered vessel

Amogy and MHI discuss how the business grew from creating an ammonia-powered drone to potentially revolutionizing maritime technology.

How a zinc-based solution is changing the energy storage landscape

Renewable energy is intermittent. Learn how energy startup e-Zinc and MHI are partnering to deploy long-duration energy storage solutions.

How green hydrogen demand is creating an appetite for scale

Learn from leaders at Electric Hydrogen and MHI how the requirements for decarbonization are creating a market for the 100-megawatt scale.

How one millimeter flake of catalyst could change the world

Learn how Syzygy Plasmonics founders are using photo catalysts to develop scalable solutions critical to global decarbonization.

The path to net zero from the heart of the corn belt

Find out how Monolith is leveraging methane pyrolysis to reduce carbon emissions for hydrogen and carbon black production.

Mitsubishi Heavy Industries (MHI) Group is accelerating the energy transition through innovative technologies, deep expertise, and collaboration with strategic partners.

Read on to learn about the startups MHI Group is investing in and collaborating with to solve the biggest challenges of the energy transition and accelerate the journey toward net zero.

Our Startup Partners

Advanced Ionics

Amogy

Amogy offers ammonia-based, emission-free, high energy-density power solutions to decarbonize transportation for a sustainable future. To date, Amogy’s scalable ammonia-powered, zero-emissions energy system has been demonstrated with success in a drone, heavy-duty tractor, and semi truck.

C-Zero

C-Zero has developed a process for producing low-cost, zero-emission “turquoise” hydrogen from natural gas. The company’s technology can be used to decarbonize a wide array of industries including electrical generation, process heating, and commodity hydrogen production.

Cemvita

Cemvita is on a mission to reimagine the heavy industries such as oil & gas and mining for the net-zero economy. This is done through the sustainable extraction of natural resources, carbon negative production of chemicals, and closed-loop renewal of waste as feedstock.

Electric Hydrogen

e-Zinc

Fervo Energy

Infinium

Monolith

Monolith is a next‐generation hydrogen and materials company that has developed proprietary technology to convert conventional, renewable or responsibly-sourced natural gas into carbon black and hydrogen in a more environmentally sound manner.

Starfire Energy

Starfire Energy has patented ammonia production and ammonia cracking technologies that they are integrating into mass-produced modular equipment. These will enable affordable renewable ammonia production at many scales, combustion of ammonia+hydrogen blends, and hydrogen delivery from ammonia.

Syzygy Plasmonics

In The News

MHI Invests in e-Zinc to Advance Long-duration Energy Storage in Zinc Metal

MHI Invests in Fervo Energy, a US-Based Enhanced Geothermal System Startup

Infinium and Amogy Team Up to Spearhead Green Ammonia and eFuels Solutions

MHI Invests in Syzygy Plasmonics to Advance Hydrogen Production and CO2 Utilization

MHI Invests in Advanced Ionics, a U.S. Startup, to Enhance and Diversify the Hydrogen Value Chain

Amogy Increases Series B Round to $150M

Starfire Energy Raises $24 Million Series B Funding for Modular Carbon-Free Ammonia Fuel Technology

Monolith Raises More Than $300 Million in Latest Funding Round Led by TPG Rise Climate, Decarbonization Partners

MHI Invests in Electric Hydrogen, a U.S. Startup, to Accelerate Efforts to Produce Clean Hydrogen at Scale

C-Zero Closes $34 Million Financing Round Led by SK Gas to Build Natural Gas Decarbonization Pilot

MHI Signs Memorandum of Understanding with Infinium to Accelerate Decarbonization Solutions in Japan

MHI Invests in Cemvita Factory, Inc., a Leading Industrial Biotechnology Startup, to Accelerate Decarbonization Efforts

Electrofuels Innovator Infinium Announces $69M in New Funding to Accelerate Production of Groundbreaking Ultra-Low Carbon Fuels for the Transportation Industry

MHI Invests in Starfire Energy, a Modular Green Ammonia Solution Provider, to Accelerate Efforts to Energy Transition

MHI Invests in C-Zero, a U.S. Hard Tech Startup, to Accelerate Efforts to Produce Clean Hydrogen from Natural Gas

MHI Invests in Infinium, an Electrofuels Solution Provider, to Accelerate Efforts to Decarbonize the Transportation Sector

MHI Invests in Monolith Materials, a Leader in Innovative Technology for Reducing Environmental Impact