Mitsubishi Heavy Industries, Ltd. (MHI), Tokyo, has invested in Denver-based Starfire Energy Inc., a developer of modular chemical plants for the production of green ammonia and hydrogen with a patented catalyst technology.
In separate statements announcing the investment, MHI and Starfire Energy said the partnership will be used to advance the development of commercial scale applications to decarbonize ammonia production and unlock the potential as a zero-carbon energy carrier.
MHI’s investment was executed through Mitsubishi Heavy Industries America Inc., joining a consortium of investors, including AP Ventures, Chevron Technology Ventures, New Energy Technologies, and Osaka Gas USA. The Japanese company did not disclose the value of its investment.
Starfire Energy’s “Rapid Ramp NH3” ammonia synthesis technology produces zero-carbon ammonia using only renewable energy, air, and water as inputs. The modular solution is sized to connect directly with renewable energy production, providing a scalable, distributed source of zero-carbon ammonia.
The Denver company has also developed its “Prometheus Carbon-free Fire,” a system to crack ammonia back into hydrogen, providing an efficient means of green hydrogen storage and transportation.