Mitsubishi Heavy Industries (MHI) has joined the race to develop 'white' hydrogen in the US by investing in the Denver-headquartered startup Koloma. This move aligns MHI with other key players in the energy sector, such as Bill Gates, Andrew Forrest, and US oil and gas companies. Koloma focuses on leveraging technology and proprietary data to identify and commercialize geologic hydrogen on a global scale. The investment in Koloma was made through Mitsubishi Heavy Industries America as part of a syndicate that includes Breakthrough Energy Ventures, Amazon's Climate Pledge Fund, and others. MHI's president highlighted that building a hydrogen solution ecosystem is a core strategy for the company in the energy transition business. Koloma's CEO expressed optimism about the partnership with MHI, aiming to drive progress in the energy transition and the hydrogen space. The news was welcomed by HyTerra, an Australian energy company backed by Andrew Forrest, which is also expanding its hydrogen exploration plans. With increased investments and well drilling programs, HyTerra is positioning itself for growth in the white hydrogen sector.