Mitsubishi Heavy Industries Invests in iPEACE223 for Clean Fuel Innovation

Mitsubishi Heavy Industries, Ltd. (MHI), a leading player in the global industrial sector, has announced a strategic investment in iPEACE223 Inc., a start-up focused on developing technology that produces carbon-neutral fuel from bioethanol. This investment, confirmed on June 11, 2025, aims to enhance clean energy solutions and support the transition toward a sustainable energy future.

iPEACE223’s innovative approach utilizes zeolite, a porous mineral, as a catalyst to convert bioethanol into propylene and propane, which are essential raw materials in the chemical industry. According to Toru Setoyama, the representative director of iPEACE223, this technology not only stabilizes energy supply but also significantly reduces CO2 emissions in the production process.

MHI’s commitment to sustainable development aligns with its broader corporate strategy, which includes a declaration to achieve carbon neutrality by 2040. Dr. Hiroshi Tanaka, Professor of Environmental Science at the University of Tokyo, emphasized the importance of such investments in combating climate change, stating that “the integration of innovative technologies like those being developed by iPEACE223 is critical for reducing our reliance on fossil fuels.”

The decision to invest in iPEACE223 is part of MHI's ongoing efforts to support start-ups that are pioneering advancements in clean energy technologies. As noted in the company’s recent sustainability report published in April 2025, MHI is actively seeking partnerships that promote the development and dissemination of environmentally friendly technologies.

Notably, the global clean fuel market is projected to reach $4.5 trillion by 2030, driven by increasing demand for sustainable energy solutions. As highlighted in a study by the International Renewable Energy Agency (IRENA) in March 2025, the shift towards clean fuels is essential for meeting global climate targets and ensuring energy security.

MHI’s investment in iPEACE223 signifies a strategic move to leverage the growing market for clean energy and position itself as a leader in the decarbonization effort. With every step toward innovation, the company not only contributes to environmental sustainability but also enhances its competitive edge in the energy sector.

In conclusion, MHI's investment in iPEACE223 is a promising development in the clean fuel sector, showcasing the potential of start-ups to drive significant advancements in energy technology. As the world increasingly prioritizes sustainability, this partnership may serve as a model for future collaborations aimed at achieving carbon neutrality and fostering a greener economy.

For more information about iPEACE223, visit their official website at https://ipeace223.com/en/.

About MHI: Mitsubishi Heavy Industries Group operates across various sectors, including energy, infrastructure, and aerospace. The company combines technological expertise with extensive industry experience to deliver integrated solutions that support a sustainable world. For further details, explore MHI’s insights at www.mhi.com.