Mitsubishi plans to invest USD 690 million in constructing pne of the world's largest green hydrogen production plant in the Netherlands. The plant is anticipated to boast a production capacity of 80,000 metric tons per year, a figure 30 times larger than that of the world's current largest operational green hydrogen facility. Construction is set to commence by 2026, with the plant becoming operational by 2029. Furthermore, the plant will be situated in Rotterdam.

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Eneco Diamond Hydrogen, a joint venture between Mitsubishi and Eneco, will be in charge of managing the production oversight. Green hydrogen will be produced through the electrolysis of water, utilizing electricity derived from renewable sources. The European Union aims to increase its annual green hydrogen capacity to 10 million metric tons by 2030.

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Mitsubishi's investment in this project underscores the growing interest in green hydrogen as a key solution to the climate crisis. The company is strategically positioned to take a leading role in the development of this emerging industry, leveraging its extensive experience in engineering, construction, and project management.

This project is poised to play a crucial role in advancing the development of a global hydrogen economy and reducing reliance on fossil fuels. Moreover, it will contribute to job creation and bolster the Dutch economy.

About Mitsubishi Power

Mitsubishi Power, a subsidiary of the Mitsubishi Heavy Industries conglomerate, is a global leader in energy solutions, specializing in power generation technologies and related services. They're at the forefront of developing cleaner and more efficient ways to generate electricity, making them a key player in the transition to a low-carbon future.

Mitsubishi Power operates in over 120 countries around the world, with regional headquarters in the Americas, Europe, and Asia Pacific. They collaborate with local partners and adapt their solutions to suit the specific needs of each market. One of the upcoming projects executed by Mitsubishi Power includes:

Takasago Hydrogen Park, Japan

The world's first integrated validation facility for hydrogen technologies. The facility will test and demonstrate various hydrogen production, storage, and utilization technologies. The facility helps to accelerate the development and commercialization of hydrogen technologies.

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