Mitsubishi Heavy Industries (MHI) has made an investment in Koloma, a Colorado-based geological hydrogen exploration company, through its American subsidiary, Mitsubishi Heavy Industries America (MHA). The investment sees MHI joining other prominent investors like Amazon's Climate Pledge Fund, Breakthrough Energy Ventures, and United Airlines in supporting Koloma's exploration activities and evaluation of potential assets in the United States. Pete Johnson, CEO of Koloma, highlighted the significance of partnerships such as the one with MHI in maximizing the impact of geological hydrogen as a clean primary energy source. Takajiro Ishikawa, President and CEO of Mitsubishi Heavy Industries America, emphasized that building a hydrogen solution ecosystem is a core strategy for MHI in the energy transition business. The company aims to accelerate the hydrogen economy by offering cutting-edge technologies and fostering breakthrough innovations in the hydrogen sector through investments in startups. Geological hydrogen, also known as white hydrogen, is formed by natural processes within the Earth's crust, where it can accumulate and be produced in underground reservoirs. Despite the growing interest in geological hydrogen as a sustainable energy source, some companies have expressed doubts about its feasibility. Air Products, earlier this year, dismissed the opportunity to source natural, geological hydrogen, with its CEO labeling it as 'pie in the sky'. Seifi Ghasemi, Chairman, President, and CEO of Air Products, mentioned in an earnings call that the company is not involved in the geological hydrogen space and criticized the notion that geological hydrogen is easily extractable. The investment by MHI and the strategic focus on developing a hydrogen ecosystem demonstrate a positive sentiment towards hydrogen as a clean energy solution. The collaboration with Koloma and other investors reflects a collective effort to drive advancements in hydrogen technologies and innovations for a sustainable energy future.