TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
*
Home
Press release
Jun 22, 2023 19:08 JST
Source:
Mitsubishi Corporation
Mitsubishi Corporation: New Company for Green Hydrogen Business "Eneco Diamond Hydrogen" Established in Europe
TOKYO, Jun 22, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce the establishment of Eneco Diamond Hydrogen B.V. (Eneco Diamond Hydrogen) to develop green hydrogen and associated renewable energy in Europe. Eneco Diamond Hydrogen, which was officially registered on June 6, 2023, is a joint venture between MC and its subsidiary N.V. Eneco (Eneco), an integrated energy company that is also headquartered in Rotterdam.
With global efforts to decarbonize gaining momentum, more and more countries are looking to make renewable energy a larger part of their energy mix. As it can be stored, piped, and otherwise shipped, there are growing expectations surrounding the use of hydrogen as both a fuel alternative and a flexible capacity for power grid. EU has been accelerating the introduction of hydrogen by, for example, setting annual targets of 10 million tons for both its own production and its imports of green hydrogen by 2030.
Eneco Diamond Hydrogen develops green hydrogen and associated renewable energy businesses, pivoting from the Netherlands, by taking full advantage of its parents' respective strengths. These include Eneco's lengthy track record and experience in renewable energy business, and MC's vast network, which spans a wealth of operations in oil refining, chemicals, steel, marine transport and other industries.
MC has made energy transformations central to its latest midterm corporate strategy, one of the objectives of which is to provide zero-carbon solutions that will help the world's energy sector to decarbonize. Through this establishment of Eneco Diamond Hydrogen, we have taken another step towards achieving that objective by committing to the green hydrogen businesses in Europe.
Interest in hydrogen is also growing outside Europe, with Japan, the US and other western and Asian nations all looking for ways to both produce and use it more widely. At MC, we are looking forward to applying our know-how gained through Eneco Diamond Hydrogen towards the development of hydrogen operations in other regions throughout the world. We hope to make meaningful, global contributions to decarbonization.
Inquiry Recipient:
Mitsubishi Corporation
Telephone:+81-3-3210-2171
Facsimile:+81-3-5252-7705
Source: Mitsubishi Corporation
Sectors: Alternative Energy
Copyright ©2026 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Related Press Release
Strategic Partnership and Investment with Eagers Automotive Ltd., Including Investment in Unique Independent Used Car Business Across Australia and New Zealand
October 01 2025 20:26 JST
Definitive agreement to implement a joint mine plan between Los Bronces and Andina copper mines
September 17 2025 17:57 JST
Mitsubishi Corporation Invests in Commonwealth Fusion Systems, a US Fusion Energy Start-up from MIT
September 02 2025 11:50 JST
Result of the Business Plan Review for the Offshore Wind Power Generation Projects in Japan
August 27 2025 21:27 JST
Mitsubishi Corporation Invests in Fullerton Health
August 26 2025 11:54 JST
Mitsubishi Corporation to acquire shares in Copper World copper mine project in the US
August 14 2025 11:05 JST
First Shipment of LNG from the LNG Canada Project
July 01 2025 10:00 JST
Mitsubishi Corporation to Invest and Enter into a Business Partnership with DEScycle Ltd., a UK Company Developing Innovative Metal Recycling Technology
June 02 2025 13:35 JST
Mitsubishi Corporation Establishes New Corporate Venture Capital Company
May 30 2025 17:36 JST
Mitsubishi Corporation makes DennoKotsu an equity-method affiliate company, strengthening efforts to address regional transportation challenges
April 11 2025 09:39 JST
More Press release >>
Latest Press Release
Mazda Develops New Body Color, "Navy Blue Mica"
Jan 09, 2026 10:23 JST
Fujitsu develops digital learning platform for JAL to support self-directed learning and training management
Jan 09, 2026 10:07 JST
TOYOTA GAZOO Racing Reverting to "GAZOO Racing" to Pass on and Evolve the Making of Ever-better Cars and the Fostering of Talent
Jan 07, 2026 22:04 JST
TANAKA PRECIOUS METAL GROUP and TANAKA MIRAI Lab. Release "The TANAKA 2025" a Perfume that Expresses the Fragrance of Gold (Au)
Jan 07, 2026 22:00 JST
Toyota's European R&D center changes its name and competes in WEC with a new brand
Jan 07, 2026 21:50 JST
Hitachi Launches Expanded HMAX Solutions Accelerating Social Innovation Globally Across Industries
Jan 07, 2026 12:27 JST
Mitsubishi Motors to Celebrate "Delica Festival" with Custom Versions of Delica D:5 and Delica Mini at Tokyo Auto Salon 2026
Jan 06, 2026 16:25 JST
Mitsubishi Motors Launches the Xforce in Taiwan
Jan 06, 2026 14:42 JST
Biologics License Application for Subcutaneous Formulation of "LEQEMBI(R)" (lecanemab) for the Treatment of Early Alzheimer's Disease Accepted in China
Jan 06, 2026 10:43 JST
Alpha Growth plc: Alpha Longevity Management Ltd Expands Global Platform with Launch of Alpha Alternative Global Fund and Strengthening of Executive Leadership Team
Jan 05, 2026 16:00 JST
The Tampere city region chose Fujitsu to deliver and develop the area's ICT services
Jan 05, 2026 15:23 JST
Honda Newly Launches "Discover Honda" Content Curation Media Platform
Dec 26, 2025 17:34 JST
Mazda Selected for A List in CDP Water Security for the First Time
Dec 26, 2025 17:19 JST
Fujitsu Develops Fujitsu Kozuchi Physical AI 1.0 for Seamless Integration of Physical and Agentic AI
Dec 26, 2025 14:04 JST
Establishment of DOCOMO Innovation Fund IV, a Corporate Venture Investment Fund
Dec 26, 2025 13:53 JST
The General Incorporated Association Generative AI Japan Announces the Winners of the Japan Generative AI Award 2025
Dec 26, 2025 11:00 JST
BCQ (01963.HK) to Pay RMB 585 Million Cash Dividend, Driving Share Price and Yield Upside
Dec 25, 2025 18:23 JST
Tohoku University and Fujitsu utilize Causal AI to discover superconductivity mechanism of promising new functional material
Dec 23, 2025 14:58 JST
Toward an Athlete- and Planet-Friendly Hakone Ekiden: All Vehicles Provided for the 2026 Race Will Be Electrified
Dec 23, 2025 03:18 JST
MHI Group to Accelerate Development of Digital Talent
Dec 23, 2025 02:57 JST
More Latest Release >>