Energy Innovation Initiative
Business Lines
- Carbon-free energy related businesses, including hydrogen and ammonium, etc.
- New power and energy services businesses, including the large-scale storage batteries business and reusable batteries business, the power energy platform business, the multiple service of energy infrastructure, etc.
- Environmental value creation businesses such as forestry, as well as next-generation bio-energy development, methanation*1, CCS*2, carbon emissions trading and other businesses relating to carbon dioxide (CO2) capture, storage and utilization.
- Methanation: A technology in which the greenhouse gas, CO2 is taken and synthesized with hydrogen (H2) from water electrolysis to produce methane (CH4).
- CCS (carbon capture and storage): A capture and storage technology in which CO2 is isolated and trapped in an underground or seabed site.
Business Overview
The Energy Innovation Initiative (EII) aims to develop next-generation businesses in the decarbonization and next-generation energy sector.
In the carbon-free energy related businesses sector, we develop new businesses that include the hydrogen and ammonium business, and a new energy supply business based on facilities for the large-scale receiving and distribution of hydrogen, etc.
In the new power and energy services sector, we develop and expand the large-scale storage batteries business, the reusable batteries business, the power energy platform business, the multiple service of energy infrastructure, etc.
In the CO2 capture, storage and utilization sector, we develop and expand environmental value creating businesses such as forestry, as well as the biomass fuel business, the next-generation bio-energy development business, etc.
Organization
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Energy Innovation Initiative
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Design & Strategy Dept.
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Hydrogen Business Dept. for Asia
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Hydrogen Business Dept. for Americas, Oceania and EMEACIS
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Zero Emission Solution Business Dept.
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Wood Resources Business Dept.
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Biomass Energy & Materials Dept.
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Power Frontier Business Dept.
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Indonesia Energy Transition Dept.
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Subsurface Energy Team
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Carbon Solution Team
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CCUS Team
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Energy Innovation Initiative
- Sep. 13, 2023
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“EV Battery Station CHITOSE” Starts Operations
- Jul. 12, 2023
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Rio Tinto and Sumitomo Corporation to build hydrogen pilot plant for world’s first trial lower-carbon alumina refining in Gladstone
- Sep. 30, 2022
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Conclusion of Memorandum of Understanding with LOTTE Chemical for Collaboration in Hydrogen and Ammonia Fields
- Mar. 01, 2022
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Establishment of a Joint Venture for Solar Power Generation Business in Japan
- Feb. 22, 2022
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Conclusion of a Comprehensive Partnership Agreement for the Large-Scale Utilization of Hydrogen in Chubu and Launch of a Group to Promote the Establishment of a Large-Scale Hydrogen Supply Chain in the Region
