Niterra Co., Ltd., a leading spark plug and ceramics manufacturer in Japan, has launched the 'SUISO no MORI' (Hydrogen Forest) project in Nagoya. This initiative focuses on supporting startup industries specializing in hydrogen and circular carbon. Niterra aims to establish a corporate venture capital fund in partnership with Global Brain Corporation to drive innovation in these areas. The project includes setting up a demonstration field spanning 5,000 m2 at Niterra's Komaki Plant. This move aligns with the company's vision to contribute to the development of hydrogen and circular carbon-related industries and to foster a society based on sustainable energy. The project addresses the pressing need for carbon neutrality amidst environmental challenges like rising greenhouse gases and natural disasters. By investing in technologies like Solid Oxide Electrolysis Cells and Solid Oxide Fuel Cells, Niterra is positioning itself to play a key role in the transition to hydrogen as a cleaner energy source. This project also emphasizes collaboration with startups to drive innovation beyond Niterra's core business domain. Through the SUISO no MORI (Hydrogen Forest) project, Niterra envisions a future society that prioritizes sustainable energy and resources. The initiative aims to provide support for the early development and implementation of technologies and services aligned with this vision. The project's CVC Fund, managed by Global Brain Corporation, plans to invest in technology development and services that contribute to a hydrogen and carbon recycling society. The demonstration field, named SUISO no MORI hub, is set to begin construction in May 2024 within Niterra's Komaki Factory premises, showcasing a commitment to advancing hydrogen and circular carbon innovation.