Sustainability

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Yokohama Spearheads Japan’s First Waste-to-Energy CO2 Capture Demonstration Experiment

The City of Yokohama, Tokyo Gas, Mitsubishi Heavy Industries (MHI) and MHI Environmental & Chemical Engineering (MHIEC) have launched a pioneering demonstration experiment aimed at capturing and utilizing CO2 emissions from a local waste-to-energy plant. The project, based in Tsurumi-ku, Yokohama, is the first of its kind in Japan and involves the separation and capture of CO2 from plant flue […]

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Fujitsu and IHI Collaborate on Blockchain Project for Environmental Value Exchange Market

Fujitsu and IHI Corporation have made significant progress in their joint project, which aims to contribute to carbon neutrality and establish an environmental value distribution platform supporting environmental value transactions. The project, initiated in fiscal year 2022, focuses on simplifying the environmental value creation process and preparing for the issuance of J-Credit, a carbon credit system. Under the initiative named […]

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Japan Advances Seven Projects to Boost Carbon Capture

The Japan Organization for Metals and Energy Security (JOGMEC) has selected seven projects as part of a strategic initiative aiming for the scale-up of carbon capture and storage (CCS) efforts and reduction of costs by 2030. JOGMEC’s goal is to implement full-scale CCS projects to reach carbon neutrality by 2050. These selected projects are expected to help Japan secure an […]

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Mitsubishi Shipbuilding Partners with Swiss Firm for Eco-Friendly Marine Engines

Mitsubishi Shipbuilding Co., a subsidiary of Mitsubishi Heavy Industries (MHI) Group, said that it has agreed to conduct technical studies on an ammonia fuel supply system for large, low-speed, two-stroke marine engines. These engines are currently being developed by Swiss firm Winterthur Gas & Diesel AG (WinGD), a leader in the design of large marine engines. The agreement was formalized […]

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Mitsubishi Launches $400M Fund to Support Decarbonization

Mitsubishi Corporation has launched the Marunouchi Climate Tech Growth Fund, a new initiative aimed at investing in companies focused on climate tech and decarbonization. The fund is managed by Marunouchi Innovation Partners (MIP), a company jointly established by Mitsubishi, MUFG Bank (MUBK), and Pavilion Private Equity (PPE). With an initial closing of $400 million in capital commitments from investors, MIP […]

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Namikata Terminal to Become Clean Energy Hub for Fuel Ammonia

Seven major Japanese companies, including Shikoku Electric Power Company, Taiyo Oil Company, Taiyo Nippon Sanso Company, Mazda Motor Corporation, Mitsubishi Corporation, Namikata Terminal Company, and Mitsubishi Corporation Clean Energy, have formed the “Council for Utilizing Namikata Terminal as a Hub for Introducing Fuel Ammonia.” The Council will explore the possibility of transforming the Namikata Terminal in Imabari City, Ehime Prefecture, […]

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NTT and NEC Partner Up to Promote Decarbonization

Nippon Telegraph and Telephone Corporation (NTT) and NEC Corporation have joined forces to reduce the environmental impact of their businesses and promote a decarbonized society. The companies have signed a basic agreement and started collaborating on various initiatives to achieve their goals. Under the agreement, NTT Anode Energy will provide 100% renewable energy to NEC Platforms’ Fukushima Plant, which produces […]

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