TotalEnergies SE has announced its participation as an investor in the Japan Hydrogen Fund, an initiative led by the Japan Hydrogen Association and managed by Advantage Partners, a Japanese private equity firm. The fund has secured an initial investment of $400 million from various Japanese entities, including well-known names like Toyota Motor Corp., Iwatani Corp., and Sumitomo Mitsui Banking Corp. TotalEnergies stands out as the only non-Japanese investor involved at this stage. Helle Kristoffersen, the President of Asia at TotalEnergies and a member of the executive committee, expressed the company's belief in the power of collaborative efforts to drive the emergence of low-carbon hydrogen solutions on a large scale. Kristoffersen highlighted that this strategic move aligns with TotalEnergies' overarching goal of becoming a key player in the global energy transition landscape. Additionally, by joining the Japan Hydrogen Fund, TotalEnergies aims to tap into the innovative and vibrant hydrogen ecosystem within the Japanese industry. The involvement of TotalEnergies in this fund underscores a shared commitment among diverse stakeholders to advance sustainable energy solutions, particularly in the realm of hydrogen. The fund's significant financial backing and the diverse group of investors indicate a collective dedication to accelerating the development of the low-carbon hydrogen value chain. Overall, TotalEnergies' participation in the Japan Hydrogen Fund signifies a positive step towards fostering international collaboration and innovation in the realm of hydrogen energy.