Mitsubishi Heavy invests in US-based hydrogen start-up
Japan's Mitsubishi Heavy Industries (MHI) announced on October 10 that it has invested in Houston-based start-up Syzygy Plasmonics, which is developing photocatalytic technology for hydrogen production and CO2 utilisation solutions. MHI did not disclose the financial details of the deal.
Syzygy builds reactors that use light instead of combustion to electrify chemical manufacturing. When powered with renewable electricity, this tunable technology is designed to reduce both cost and emissions associated with many different chemical reactions.
Syzygy's solutions enable manufacturers to produce zero-emissions hydrogen from ammonia and low-emissions hydrogen from a combustion-free form of steam methane reforming. They also provide efficient means for converting methane and captured CO2 into sustainable fuels and methanol.