Hydrogen is often seen as the fuel of the future, but to make it a reality, the entire supply chain infrastructure, including the distribution grid, must be restructured. This is really good news, as a crucial starting point for its widespread adoption.
A group of Japan-based financial and industrial companies, and France-based energy giant TotalEnergies announced the launch of the Japan Hydrogen Fund, dedicated to developing a low-carbon hydrogen value chain. The new fund is launching with $400 million in commitments at its first close, with initial investors including Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century Corporation, Japan Green Investment Corp. for Carbon Neutrality, and the Bank of Fukuoka.
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