Our member Mitsubishi Heavy Industries (MHI) has recently announced that it has signed a Memorandum of Understanding with the Electrofuels™ innovator Infinium. The agreement will focus on exploring the deployment of Infinium’s proprietary Electrofuels™ technology in the Japanese market.
By combining Infinium Electrofuels™ production technology with MHI Group’s CO2 capture technology and value chain solutions, MHI aims to accelerate the realisation of a carbon-neutral society in Japan, alongside its existing strategies such as electric vehicles, oriented transportation, CO2 capture and carbon offsets.
This collaboration also supports the Government of Japan’s Green Growth Strategy, which aims to reduce greenhouse gas emissions by 46% by 2030 (from 2013 levels) and achieve carbon neutrality by 2050.
Find more on this new memorandum of understanding here.