Following the licensing agreement, Jiangsu Masada will begin manufacturing MET turbochargers in 2025 with an initial focus on assembly.
With plans to integrate itself in the Chinese market, Mitsubishi Heavy Industries Marine Machinery and Equipment Co. (MHI-MME) and Jiangsu Masada Heavy Industries finalized a licensing agreement for the manufacture and sale of MET turbochargers: an exhaust gas turbine-type turbocharger for two-stroke marine engines. Jiangsu Masada will begin manufacturing the turbochargers in 2025 with an initial focus on assembly, eventually expanding to full-scale production.
Prior to the MET turbocharger, MHI-MME developed the non-water-cooled turbocharger in 1965—since then, high-efficiency and high-capacity models have been added to the portfolio. The total cumulative production volume of MET turbochargers reached 45,000 units, which accounts for over 40% of the global market for units installed in marine two-stroke engines. Previously, Jiangsu Masada and MHI-MME completed licensing agreements for deck cranes in 2008 and steering gears and deck machinery in 2012.
News from MHI Group
Last week, MHI Thermal Systems signed an agreement with Emirates Central Cooling Systems Corp. (Empower) to supply large-scale centrifugal chillers for district cooling plants in Dubai, United Arab Emirates. Per the agreement, MHI Thermal Systems will deliver 18 advanced chillers, ready for delivery by 2025, with an aggregate cooling capacity of 56,250 refrigeration tons (RT).
Empower will operate the chillers in three district cooling system plants, supplying chilled water for cooling to residential, commercial, healthcare, educational, and multi-use projects. The agreement also includes a provision enabling Empower to increase the order size, potentially raising the total capacity to 100,000 RT. Delivery will begin sequentially from 2025, bringing Empower’s total number of chillers to 46 units.
In September, MHI deployed its carbon-capture technology—the KM CDR Process—to remove approximately 25,000 tons of CO2 per year at a fully operational post-combustion carbon capture plant. The facility, located in Ravenna, Italy, is part of the Ravenna Carbon Capture and Storage project launched by Eni and Snam.KM CDR was installed at Eni’s Casalborsetti natural gas treatment plant by NEXTCHEM, the project’s technology integrator, while KT Integrated E&C Solutions completed engineering, procurement, and construction works at the site.
In mid-October, MHI and Osaka Gas led the latest $50 million funding round for Koloma—a geologic hydrogen startup founded by Pete Johnson and headquartered in Denver, CO. The investment was executed through MHI America which joins a network of investors, including Bill Gates’ Breakthrough Energy Ventures, Amazon’s Climate Pledge Fund, United Airline’s Sustainable Flight Fund, and Energy Impact Partners. The company’s total investments amount to more than $350 million since its 2021 launch.
About Koloma
Koloma utilizes its technology, proprietary data, and human capital advantages to identify and commercialize geologic hydrogen on a global scale. Most natural hydrogen originates via serpentinization: underground water contacts iron-rich rocks and creates iron oxides, leaving behind hydrogen. Gaseous hydrogen then rises through permeable rock and soil, forming deposits contained within subterranean domes.
In addition to multiple funding rounds from industry leaders, Koloma Labs in Dublin, OH, received $900,000 from the U.S. Department of Energy for its enhanced hydrogen production research. The company lab is developing geochemical, geo-mechanical, and fluid transport models to understand hydrogen formation in novel rock systems, paired with an investigation of microbiology in hydrogen reservoirs.