Mitsubishi Corporation inks strategic collaboration with Amogy

In New York, Mitsubishi Corporation and Amogy announced a strategic partnership that will focus on accelerating the adoption of Amogy’s ammonia-to-power and ammonia cracking technology in large-scale hydrogen carrier applications in East Asia, particularly Japan and South Korea. The joint study set to commence in December 2023 with SK Innovation, will first assess a large-scale deployment of Amogy’s technology, including analysis of costs across the value chain, and explore opportunities for market expansion across the ammonia and hydrogen supply chain. Upon the completion of the initial phase, three companies are looking to explore joint pilot opportunities in the strategic regions. Both Mitsubishi Corporation and SK Innovation have participated in Amogy’s recent $150 million Series B fundraising which was led by SK Innovation.

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