MHI backs Colorado-based natural hydrogen start-up

Mitsubishi Heavy Industries (MHI) has invested in a Colorado-based natural hydrogen start-up, joining Breakthrough Energy, Amazon’s Climate Pledge Fund and United Airlines.

Headquartered in Denver, Koloma is a geologic (natural) hydrogen company planning to use its technology and propriety data to identify and commercialise natural hydrogen globally.

Little is known about the company, which claims to boast a “clean, continuous and cost-effective” method of producing hydrogen, with intentions of “powering the discovery of geologic hydrogen resources around the world.”