Mitsubishi Launches $400M Fund to Support Decarbonization

Mitsubishi Corporation has launched the Marunouchi Climate Tech Growth Fund, a new initiative aimed at investing in companies focused on climate tech and decarbonization. The fund is managed by Marunouchi Innovation Partners (MIP), a company jointly established by Mitsubishi, MUFG Bank (MUBK), and Pavilion Private Equity (PPE). With an initial closing of $400 million in capital commitments from investors, MIP […]

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Namikata Terminal to Become Clean Energy Hub for Fuel Ammonia

Seven major Japanese companies, including Shikoku Electric Power Company, Taiyo Oil Company, Taiyo Nippon Sanso Company, Mazda Motor Corporation, Mitsubishi Corporation, Namikata Terminal Company, and Mitsubishi Corporation Clean Energy, have formed the “Council for Utilizing Namikata Terminal as a Hub for Introducing Fuel Ammonia.” The Council will explore the possibility of transforming the Namikata Terminal in Imabari City, Ehime Prefecture, […]

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NTT and NEC Partner Up to Promote Decarbonization

Nippon Telegraph and Telephone Corporation (NTT) and NEC Corporation have joined forces to reduce the environmental impact of their businesses and promote a decarbonized society. The companies have signed a basic agreement and started collaborating on various initiatives to achieve their goals. Under the agreement, NTT Anode Energy will provide 100% renewable energy to NEC Platforms’ Fukushima Plant, which produces […]

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