Mitsubishi Heavy Industries has invested in Tokyo-based start-up iPEACE223, which is developing clean fuel production technology from bioethanol, to accelerate advancements in sustainable energy solutions.

Information on the Target

iPEACE223 Inc. is an innovative start-up based in Tokyo, focused on the development of technology for producing carbon-neutral, clean fuel utilizing bioethanol as its feedstock. The company's mission is to stabilize energy supplies while minimizing environmental impacts, positioning itself at the forefront of sustainable energy solutions. By transforming renewable resources into valuable fuel alternatives, iPEACE223 aims to significantly reduce dependency on fossil fuels, which contribute heavily to CO2 emissions.

The technology developed by iPEACE223 harnesses a specialized catalyst, zeolite, to effectively convert bioethanol into essential petrochemical products such as propylene and propane. This process not only addresses the urgent need for cleaner energy sources but also aligns with the global movement towards achieving carbon neutrality.

Industry Overview in Japan

The energy sector in Japan is undergoing a transformative period, driven by a strong focus on sustainability and energy security. Following the Fukushima disaster in 2011, Japan has intensified its efforts to reduce reliance on nuclear