Mitsubishi Power is progressively expanding its hydrogen infrastructure across North America. The firm has also decided to retain Citi as its strategic financial advisor.
As interest and demand for hydrogen in North America continues to grow, Mitsubishi Power has invested in various projects aimed at furthering the infrastructure needed to speed up the adoption of hydrogen in the region.
One of the ongoing projects Mitsubishi is participating in is Advanced Clean Energy Storage, a project aimed at creating a green hydrogen hub in Delta, Utah. The facility will ultimately provide pipeline connectivity throughout the Western Interconnect of North America.
Mitsubishi is also part of efforts to develop a hydrogen hub in North Dakota. The hub is made up of blue hydrogen production, storage, and transportation facilities. These facilities will be connected via pipeline to other hubs around North America.
Stephen Trauber, Vice Chairman & Global Co-Head of Natural Resources & Clean Energy Transition, Citi, said, “Mitsubishi Power has a strong North American clean hydrogen project portfolio and a clear vision to connect the continent to decarbonize the power generation, transportation, and industrial sectors.
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