Toyota Tsusho, Eurus Energy, and Iwatani Announce Plans for Onsite Low-Carbon Hydrogen Production Project at Aichi Steel

Reuters
2025.09.30 05:03
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Toyota Tsusho, Eurus Energy, and Iwatani have announced plans for an onsite low-carbon hydrogen production project at Aichi Steel's Chita Plant in Tokai, Aichi Prefecture. Certified by Japan's Ministry of Economy, the project aims to utilize renewable electricity for hydrogen production and is set to begin operations around 2030. It will be supported by a government subsidy to address cost challenges associated with hydrogen adoption.

Toyota Tsusho, Eurus Energy, and Iwatani to Explore Onsite Low-Carbon Hydrogen Production Project Toyota Tsusho Corporation, Eurus Energy Holdings Corporation, and Iwatani Corporation have announced plans to jointly consider an onsite low-carbon hydrogen production and supply project at Aichi Steel Corporation’s Chita Plant in Tokai, Aichi Prefecture. The project, recently certified by Japan’s Ministry of Economy, Trade and Industry under the Hydrogen Society Promotion Act, aims to utilize renewable electricity for hydrogen production directly at customer sites. The initiative is intended to address cost and regulatory challenges associated with hydrogen adoption and is scheduled to begin operations around 2030. The project will be supported by a government subsidy scheme designed to offset the price gap between the production cost of low-carbon hydrogen and existing fuel prices. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Toyota Tsusho Corporation published the original content used to generate this news brief on September 30, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here