Good Energy

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

FERVO ENERGY

Clean, reliable, and cost-effective energy deployed at scale

Discover how Fervo Energy and MHI are transforming geothermal innovation into large-scale, carbon free power. 

Our Startup Partners

Advanced Ionics

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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

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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.

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Cemvita

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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.

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Electric Hydrogen

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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

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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

Fervo Energy

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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Graphitic Energy

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Graphitic Energy has developed a novel methane pyrolysis process for sustainably using natural gas to produce hydrogen and graphite. This delivers low-cost, clean hydrogen alongside high-value, graphitic carbon. Unlike current hydrogen generation technologies, Graphitic’s process converts abundant natural gas into hydrogen and solid carbon with virtually no direct CO2 emissions.

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Infinium

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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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Koloma

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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. 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.

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Monolith

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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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Sapphire Technologies

Sapphire Technologies

Sapphire Technologies develops and manufactures energy recovery systems that harness the power of gas expansion to produce reliable and clean electricity. The systems convert energy wasted in pressure reduction processes into electric power without interrupting operations. By recovering this wasted pressure energy, Sapphire Technologies helps customers maximize efficiencies, improve productivity, reduce carbon emissions, offset electrical costs, and achieve substantial financial returns.

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Spiritus

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Spiritus is a climate tech company at the forefront of Direct Air Capture (DAC) technology. With a dedication to innovation and sustainable stewardship of our environment, Spiritus has crafted a unique solution that achieves rapid sorption and desorption rates at a fraction of the sorbent cost versus state-of-the-art sorbents under passive DAC conditions.

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Syzygy Plasmonics

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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.

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In The News

  • DG Matrix Closes $60 Million Series A to Scale Next-Generation Power Infrastructure for AI and Electrification

  • Sapphire Technologies Secures $18 Million Series C to Accelerate Growth, Including Investment from Mitsubishi Heavy Industries

  • Infinium Announces Construction of Large Scale eFuels Production Facility in Texas

  • Spiritus Announces $30M Series A to Scale Direct Air Capture

  • MHI Invests in Koloma, a US-Based Geologic Hydrogen Exporation Startup

  • 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